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Anadolu Efes Biracilik ve Malt Sanayii Anonim SirketiIBSE:AEFES Stock Report

Market Cap ₺98.9b
Share Price
₺16.71
n/a
1Y-25.1%
7D5.4%
Portfolio Value
​
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Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

IBSE:AEFES Stock Report

Market Cap: ₺98.9b

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi (AEFES) Stock Overview

Engages in the production, bottling, distribution, marketing, and sale of beer, malt, non-carbonated, and non-alcoholic beverages in Turkey and internationally. More details

AEFES fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Rewards

Price-To-Earnings ratio (15.1x) is below the TR market (17.6x)

Earnings are forecast to grow 46.3% per year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Profit margins (3.6%) are lower than last year (9%)


AEFES Community Fair Values

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See what 78 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Central Asia's Urban Trends Will Drive Premium Beverage Uptake

Key Takeaways Deepening presence in Central Asia and focus on premium brands position the company for sustained growth and improved profitability beyond market expectations. Advanced budgeting, working capital initiatives, and strategic alliances drive stronger free cash flow, margin expansion, and resilience against macroeconomic volatility.
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₺29
FV
42.4% undervalued intrinsic discount
46.07%
Revenue growth p.a.
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Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Rising Global Regulations And Supply Shocks Will Squeeze Margins

Key Takeaways Greater regulation, health trends, and extreme weather are pressuring margins, restricting sales growth, and challenging operational stability. Overreliance on core geographies and intensifying competition are heightening risks and undermining revenue and profitability.
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₺16
FV
4.4% overvalued intrinsic discount
26.82%
Revenue growth p.a.
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2users have followed this narrative
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Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi

Expanding Premium Offerings And Emerging Markets Will Create Future Value

Key Takeaways Expansion into premium, innovative beverages and new categories supports revenue growth, margin improvement, and cushions against risks in traditional beer markets. Operations in growth markets and financial optimization initiatives are expected to strengthen volume, free cash flow, and long-term investment capacity.
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₺21.98
FV
24.0% undervalued intrinsic discount
31.01%
Revenue growth p.a.
2users have liked this narrative
0users have commented on this narrative
43users have followed this narrative
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Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi Competitors

Price History & Performance

Summary of share price highs, lows and changes for Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi
Historical stock prices
Current Share Price₺16.71
52 Week High₺24.18
52 Week Low₺13.25
Beta0.43
1 Month Change17.43%
3 Month Change8.16%
1 Year Change-25.10%
3 Year Change142.88%
5 Year Change633.54%
Change since IPO7,894.26%

Recent News & Updates

Recent updates

User avatar

Surging Beer Sales In Russia And CIS Markets Propel Revenue Growth And Earnings

Strong growth in the Russian beer market and effective strategies are expected to boost international revenue and profitability.

Shareholder Returns

AEFESTR BeverageTR Market
7D5.4%6.1%0.5%
1Y-25.1%-9.9%21.6%

Return vs Industry: AEFES underperformed the TR Beverage industry which returned -9.9% over the past year.

Return vs Market: AEFES underperformed the TR Market which returned 21.6% over the past year.

Price Volatility

Is AEFES's price volatile compared to industry and market?
AEFES volatility
AEFES Average Weekly Movement4.5%
Beverage Industry Average Movement5.0%
Market Average Movement6.0%
10% most volatile stocks in TR Market10.4%
10% least volatile stocks in TR Market4.2%

Stable Share Price: AEFES has not had significant price volatility in the past 3 months compared to the TR market.

Volatility Over Time: AEFES's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196615,289Onur Alturkwww.anadoluefes.com

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi, together with its subsidiaries, engages in the production, bottling, distribution, marketing, and sale of beer, malt, non-carbonated, and non-alcoholic beverages in Turkey and internationally. The company operates in two segments, Beer and Soft Drinks. It offers carbonated and low alcoholic drinks, water, fruit juice concentrates, purees and fresh fruit, sports drinks, energy drinks, iced teas, and coffee.

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi Fundamentals Summary

How do Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi's earnings and revenue compare to its market cap?
AEFES fundamental statistics
Market cap₺98.94b
Earnings (TTM)₺6.56b
Revenue (TTM)₺180.67b
15.1x
P/E Ratio
0.5x
P/S Ratio

Is AEFES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AEFES income statement (TTM)
Revenue₺180.67b
Cost of Revenue₺115.21b
Gross Profit₺65.45b
Other Expenses₺58.90b
Earnings₺6.56b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.11
Gross Margin36.23%
Net Profit Margin3.63%
Debt/Equity Ratio44.9%

How did AEFES perform over the long term?

See historical performance and comparison

Dividends

0.8%
Current Dividend Yield
12%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 02:50
End of Day Share Price 2025/12/15 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
A.Onder ZorbaAta Invest
Hanzade KilickiranBarclays
Samar ChandBarclays