EFOR YATIRIM SANAYI TICARET ANONIM SIRKETI

Balance Sheet Efor Yatirim Sanayi Ticaret Anonim Sirketi

Stocks

EFOR

TREEFOR00013

Food Processing

Market Closed - Borsa Istanbul Other stock markets 16:09:57 15/06/2026 BST			5-day change	1st Jan Change
13.70 ^TRY	+1.86%		+10.75%	-43.39%

05-20	Efor Yatirim says it targets 100,000 tonnes fresh tea procurement, 20,000 tonnes black tea production in 2026	RE
05-19	Efor Yatirim says CMB rejects planned acquisition of 'Of Caysan' on May 15	RE

f4b1ffb0a75d6e80.L5kzW08dEVL0QMIbpgH3dOYPhN2OdVVfQPSARJ42Sy8.W9F0EwMuWQqkGKgv0mPADYN24JLGRzAvJYbJMqpEKXoC9AMVGk5CDYcHqQ

Published financial data: EFOR YATIRIM SANAYI TICARET ANONIM SIRKETI

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.63B	6.01B	5.96B	6.73B	12.33B
Total Revenues	2.63B	6.01B	5.96B	6.73B	12.33B
Cost of Goods Sold, Total	2.33B	5.38B	5B	5.51B	10.07B
Gross Profit	299M	630M	963M	1.22B	2.27B
Selling General & Admin Expenses, Total	88.88M	194M	231M	358M	610M
Provision for Bad Debts	-	-	-	5.92M	-2.71M
Other Operating Expenses	1.06M	15.09M	-42.68M	-22.23M	9.4M
Other Operating Expenses, Total	89.94M	209M	188M	342M	617M
Operating Income	209M	421M	775M	883M	1.65B
Interest Expense, Total	-23.4M	-85.16M	-141M	-262M	-376M
Interest And Investment Income	99.87M	95.67M	336M	114M	77.01M
Net Interest Expenses	76.47M	10.51M	195M	-148M	-299M
Currency Exchange Gains (Loss)	-20.1M	-30.35M	-197M	-150M	-788M
Other Non Operating Income (Expenses)	-59.96M	-162M	-149M	-271M	-383M
EBT, Excl. Unusual Items	206M	239M	624M	315M	182M
Gain (Loss) On Sale Of Investments	-8.15M	-6.08M	-6.73M	-11.19M	7.98M
Asset Writedown	-	-	-	-24.17M	-67.18M
Legal Settlements	-93.43K	-1.91M	-855K	-777K	-1.22M
EBT, Incl. Unusual Items	198M	231M	616M	279M	121M
Income Tax Expense	18.52M	65.2M	53.95M	-162M	119M
Earnings From Continuing Operations	179M	165M	562M	441M	2.25M
Net Income to Company	179M	165M	562M	441M	2.25M
Net Income - (IS)	179M	165M	562M	441M	2.25M
Net Income to Common Incl Extra Items	179M	165M	562M	441M	2.25M
Net Income to Common Excl. Extra Items	179M	165M	562M	441M	2.25M
Per Share Items
Net EPS - Basic	6.03K	241.03	0.62	0.22	0
Basic EPS - Continuing Operations	6.03K	241.03	0.62	0.22	0
Basic Weighted Average Shares Outstanding	29.72K	686K	913M	1.99B	2.18B
Net EPS - Diluted	6.03K	241.03	0.62	0.22	0
Diluted EPS - Continuing Operations	6.03K	241.03	0.62	0.22	0
Diluted Weighted Average Shares Outstanding	29.72K	686K	913M	1.99B	2.18B
Normalized Basic EPS	4.33K	217.3	0.43	0.1	0.05
Normalized Diluted EPS	4.33K	217.3	0.43	0.1	0.05
Dividend Per Share	-	-	-	0.02	-
Payout Ratio	-	-	-	-	2.44K
Supplemental Items
EBITDA	227M	443M	810M	949M	1.79B
EBITA	209M	421M	775M	884M	1.65B
EBIT	209M	421M	775M	883M	1.65B
EBITDAR	230M	448M	820M	964M	1.81B
Effective Tax Rate - (Ratio)	9.37	28.27	8.75	-58.25	98.15
Total Current Taxes	19.22M	51.4M	49.99M	2.55M	17.69M
Total Deferred Taxes	-697K	13.8M	3.95M	-165M	102M
Normalized Net Income	129M	149M	390M	197M	114M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	3.17M	58.97M
Marketing Expenses	-	-	-	-	278M
Selling and Marketing Expenses	38.54M	133M	122M	141M	337M
General and Administrative Expenses	46.34M	55.36M	97.97M	201M	243M
Net Rental Expense, Total	3.73M	5.18M	10.62M	15.22M	26.39M
Imputed Operating Lease Interest Expense	-	7.46M	11.11M	18.72M	43.06M
Imputed Operating Lease Depreciation	-	-2.27M	-486K	-3.5M	-16.67M
Maintenance & Repair Expenses, Total	824K	2.93M	1.86M	4.12M	3.28M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	186M	72.91M	78.57M	433M	1.23B
Short Term Investments	33.83M	-	-	-	-
Total Cash And Short Term Investments	220M	72.91M	78.57M	433M	1.23B
Accounts Receivable, Total	442M	824M	862M	1.23B	1.5B
Other Receivables	11.1M	23.38M	7.1M	14.51M	20.18M
Total Receivables	453M	847M	870M	1.25B	1.52B
Inventory	482M	802M	1.14B	2.63B	3.9B
Prepaid Expenses	1.27M	1.07M	25.05M	38.45M	116M
Other Current Assets, Total	98.7M	292M	155M	836M	741M
Total Current Assets	1.26B	2.02B	2.27B	5.19B	7.5B
Gross Property Plant And Equipment	636M	1.02B	1.5B	2.59B	4.04B
Accumulated Depreciation	-42.25M	-65.87M	-97.12M	-168M	-314M
Net Property Plant And Equipment	594M	957M	1.4B	2.42B	3.72B
Other Intangibles, Total	1.57M	1.01M	806K	10.62M	39.39M
Deferred Tax Assets Long-Term	-	-	-	59.55M	-
Other Long-Term Assets, Total	327K	355M	722M	881M	282M
Total Assets	1.85B	3.33B	4.4B	8.56B	11.55B
Liabilities
Accounts Payable, Total	783M	991M	338M	2.26B	5.13B
Accrued Expenses, Total	7.71M	11.07M	19.79M	39.78M	49.34M
Short-term Borrowings	678K	2.15M	58.98M	62.26M	128M
Current Portion of Long-Term Debt	34.96M	585M	848M	1.29B	706M
Current Portion of Leases	4.19M	17.43M	12.66M	15.3M	219M
Current Income Taxes Payable	12.59M	10.8M	958K	-	8.67M
Unearned Revenue Current, Total	322M	208M	513M	490M	64.68M
Other Current Liabilities	8.76M	20M	22.05M	101M	241M
Total Current Liabilities	1.17B	1.85B	1.81B	4.26B	6.54B
Long-Term Debt	51.18M	202M	375M	359M	322M
Long-Term Leases	18.41M	30.45M	22.7M	23.76M	21.54M
Unearned Revenue Non Current	-	-	3.04M	822K	153K
Pension & Other Post Retirement Benefits	3.92M	4.42M	8.17M	10.01M	29.49M
Deferred Tax Liability Non Current	28.94M	61.76M	105M	-	14.82M
Other Non Current Liabilities	420K	2.16M	2.17M	2.66M	3.89M
Total Liabilities	1.28B	2.15B	2.33B	4.65B	6.94B
Common Stock, Total	50M	150M	300M	363M	2.18B
Additional Paid In Capital	-	-	-	911M	497M
Retained Earnings	247M	381M	999M	1.7B	1.38B
Comprehensive Income and Other	277M	650M	768M	935M	553M
Total Common Equity	574M	1.18B	2.07B	3.9B	4.61B
Total Equity	574M	1.18B	2.07B	3.9B	4.61B
Total Liabilities And Equity	1.85B	3.33B	4.4B	8.56B	11.55B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	29.72K	686K	1.8B	2.18B	2.18B
ECS Total Common Shares Outstanding	29.72K	686K	1.8B	2.18B	2.18B
Book Value / Share	19.31K	1.72K	1.15	1.79	2.12
Tangible Book Value	572M	1.18B	2.07B	3.89B	4.57B
Tangible Book Value Per Share	19.25K	1.72K	1.15	1.79	2.1
Total Debt	109M	838M	1.32B	1.75B	1.4B
Net Debt	-110M	765M	1.24B	1.32B	169M
Debt Equivalent Oper. Leases	29.87M	41.47M	84.96M	122M	211M
Account Code - Inventory Valuation	-	-	6	6	6
Inventories - Finished Goods, Total	432M	804M	1.11B	2.6B	3.82B
Inventories - Others	50.66M	34.37M	36.19M	33.58M	79.75M
Land - (BS)	280M	308M	467M	553M	1.11B
Buildings, Total	141M	354M	377M	570M	1.26B
Machinery, Total	189M	244M	493M	975M	1.45B
Full Time Employees	-	-	300	351	440
Accumulated Allowance for Doubtful Accounts (Supple)	12.34M	15.88M	14.63M	15.04M	29.54M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	179M	165M	562M	441M	2.25M
Depreciation & Amortization - CF	22.57M	29.61M	39.71M	75.97M	138M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	707K	2.89M
Depreciation & Amortization, Total	22.57M	29.61M	39.71M	76.68M	141M
Amortization of Deferred Charges, Total - (CF)	439K	648K	486K	-	-
(Gain) Loss From Sale Of Asset	-32.67M	-4.32M	-11.39M	9.09M	-11.49M
Asset Writedown & Restructuring Costs	381K	-102M	-246M	-6.73M	67.18M
Provision and Write-off of Bad Debts	-	-	-	2.2M	13.78M
Other Operating Activities, Total	2.83M	118M	110M	-13.24M	521M
Change In Accounts Receivable	-287M	-385M	-37.54M	-146M	101M
Change In Inventories	-108M	-357M	-309M	-1.19B	-453M
Change In Accounts Payable	377M	209M	-654M	1.84B	2.17B
Change in Unearned Revenues	54.69M	-114M	308M	-157M	-578M
Change in Other Net Operating Assets	-12.71M	-172M	127M	-568M	370M
Cash from Operations	197M	-612M	-110M	281M	2.34B
Capital Expenditure	-25.62M	-316M	-464M	-880M	-327M
Sale of Property, Plant, and Equipment	63.18M	11.88M	45.89M	14.62M	30.48M
Cash Acquisitions	-	-	-	-	-37.6M
Divestitures	-104M	-	-	-	-
Sale (Purchase) of Real Estate properties	58.76M	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-23.9M	-11.51M	7.29M	34.12M
Other Investing Activities, Total	9.11M	7.53M	21.88M	-	-
Cash from Investing	1.66M	-321M	-408M	-858M	-300M
Long-Term Debt Issued, Total	-	704M	485M	109M	-
Total Debt Issued	-	704M	485M	109M	-
Long-Term Debt Repaid, Total	-102M	-	-	-	-888M
Total Debt Repaid	-102M	-	-	-	-888M
Issuance of Common Stock	73.19M	197M	173M	974M	-
Repurchase of Common Stock	-	-	-	-	-134M
Common Dividends Paid	-	-	-	-	-54.96M
Common & Preferred Stock Dividends Paid	-	-	-	-	-54.96M
Other Financing Activities, Total	-22.69M	-80.87M	-134M	-171M	-307M
Cash from Financing	-51.11M	820M	524M	912M	-1.38B
Miscellaneous Cash Flow Adjustments	-	-	-	-	134M
Net Change in Cash	147M	-113M	5.65M	335M	794M
Supplemental Items
Cash Interest Paid	22.69M	80.87M	134M	250M	361M
Cash Income Tax Paid (Refund)	13.37M	26.86M	34.9M	46.71M	11.59M
Levered Free Cash Flow	-	-876M	-625M	-648M	2.26B
Unlevered Free Cash Flow	-	-823M	-537M	-485M	2.5B
Change In Net Working Capital	-	800M	597M	233M	-1.65B
Net Debt Issued / Repaid	-102M	704M	485M	109M	-888M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	10.15	12.53	7.84	9.08
Return on Total Capital	-	19.46	17.92	11.15	15.4
Return On Equity %	-	18.85	34.62	13.58	0.05
Return on Common Equity	-	18.85	34.62	13.58	0.05
Margin Analysis
Gross Profit Margin %	11.4	10.48	16.14	18.19	18.39
SG&A Margin	3.38	3.23	3.87	5.32	4.94
EBITDA Margin %	8.62	7.37	13.57	14.1	14.48
EBITA Margin %	7.98	7	12.99	13.13	13.42
EBIT Margin %	7.98	7	12.99	13.12	13.39
Income From Continuing Operations Margin %	6.82	2.75	9.43	6.55	0.02
Net Income Margin %	6.82	2.75	9.43	6.55	0.02
Net Avail. For Common Margin %	6.82	2.75	9.43	6.55	0.02
Normalized Net Income Margin	4.9	2.48	6.54	2.92	0.92
Levered Free Cash Flow Margin	-	-14.58	-10.47	-9.63	18.35
Unlevered Free Cash Flow Margin	-	-13.7	-8.99	-7.2	20.25
Asset Turnover
Asset Turnover	-	2.32	1.54	0.96	1.08
Fixed Assets Turnover	-	7.75	5.05	3.22	3.58
Receivables Turnover (Average Receivables)	-	9.49	7.08	5.82	7.93
Inventory Turnover (Average Inventory)	-	8.37	5.14	2.71	2.74
Short Term Liquidity
Current Ratio	1.07	1.09	1.25	1.22	1.15
Quick Ratio	0.57	0.5	0.52	0.39	0.42
Operating Cash Flow to Current Liabilities	0.17	-0.33	-0.06	0.07	0.36
Days Sales Outstanding (Average Receivables)	-	38.45	51.59	62.88	46.04
Days Outstanding Inventory (Average Inventory)	-	43.59	70.94	135.08	133.15
Average Days Payable Outstanding	-	56.82	45.42	73.21	140.26
Cash Conversion Cycle (Average Days)	-	25.22	77.11	124.75	38.93
Long Term Solvency
Total Debt/Equity	19.07	70.9	63.73	44.8	30.29
Total Debt / Total Capital	16.02	41.48	38.92	30.94	23.25
LT Debt/Equity	12.13	19.69	19.23	9.81	7.45
Long-Term Debt / Total Capital	10.19	11.52	11.75	6.78	5.72
Total Liabilities / Total Assets	69	64.51	52.99	54.38	60.07
EBIT / Interest Expense	8.95	4.94	5.5	3.38	4.39
EBITDA / Interest Expense	9.92	5.29	5.78	3.67	4.77
(EBITDA - Capex) / Interest Expense	8.82	1.57	2.49	0.3	3.9
Total Debt / EBITDA	0.47	1.86	1.62	1.82	0.78
Net Debt / EBITDA	-0.47	1.7	1.52	1.37	0.09
Total Debt / (EBITDA - Capex)	0.53	6.25	3.76	21.99	0.95
Net Debt / (EBITDA - Capex)	-0.53	5.71	3.53	16.54	0.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	128.76	-0.73	-10.04	39.97
Gross Profit, 1 Yr. Growth %	-	110.36	52.85	1.28	41.48
EBITDA, 1 Yr. Growth %	-	95.4	82.93	-6.61	43.77
EBITA, 1 Yr. Growth %	-	100.8	84.19	-9.15	43.05
EBIT, 1 Yr. Growth %	-	100.8	84.19	-9.17	42.92
Earnings From Cont. Operations, 1 Yr. Growth %	-	-7.66	239.96	-37.48	-99.61
Net Income, 1 Yr. Growth %	-	-7.66	239.96	-37.48	-99.61
Normalized Net Income, 1 Yr. Growth %	-	15.88	161.47	-59.78	-50.82
Diluted EPS Before Extra, 1 Yr. Growth %	-	-96	-99.74	-71.27	-99.61
Accounts Receivable, 1 Yr. Growth %	-	86.24	4.71	13.78	-6.89
Inventory, 1 Yr. Growth %	-	66.42	42.31	83.72	13.13
Net Property, Plant and Equip., 1 Yr. Growth %	-	61.15	46.77	37.26	17.52
Total Assets, 1 Yr. Growth %	-	79.86	32.11	55.06	3.09
Tangible Book Value, 1 Yr. Growth %	-	106.29	75.1	50.12	-10.29
Common Equity, 1 Yr. Growth %	-	105.9	75.02	50.47	-9.76
Cash From Operations, 1 Yr. Growth %	-	-411.08	-81.95	-548.08	537.23
Capital Expenditures, 1 Yr. Growth %	-	1.13K	46.63	51.26	-71.6
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-28.71	-32.62	-267.43
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-34.8	-43.07	-319.55
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	50.7	5.86	28.38
Gross Profit, 2 Yr. CAGR %	-	-	79.31	39.45	36.95
EBITDA, 2 Yr. CAGR %	-	-	89.06	46.44	32.57
EBITA, 2 Yr. CAGR %	-	-	92.31	44.95	30.43
EBIT, 2 Yr. CAGR %	-	-	92.31	44.89	30.35
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	77.18	63.3	-94.36
Net Income, 2 Yr. CAGR %	-	-	77.18	63.3	-94.36
Normalized Net Income, 2 Yr. CAGR %	-	-	74.07	14.88	-51.8
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-98.99	-96.97	-96.35
Accounts Receivable, 2 Yr. CAGR %	-	-	39.65	22.27	17.76
Inventory, 2 Yr. CAGR %	-	-	53.89	81.12	64.94
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	53.79	58.99	45.31
Total Assets, 2 Yr. CAGR %	-	-	54.14	60.32	44.65
Tangible Book Value, 2 Yr. CAGR %	-	-	90.06	81.61	32.77
Common Equity, 2 Yr. CAGR %	-	-	89.83	81.78	33.31
Cash From Operations, 2 Yr. CAGR %	-	-	-25.07	-32.21	511.34
Capital Expenditures, 2 Yr. CAGR %	-	-	325.47	66.82	-25.01
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-13.98	53.37
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-23.24	71.26
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	36.86	27.09
Gross Profit, 3 Yr. CAGR %	-	-	-	59.93	53.28
EBITDA, 3 Yr. CAGR %	-	-	-	61.22	59.21
EBITA, 3 Yr. CAGR %	-	-	-	61.58	57.86
EBIT, 3 Yr. CAGR %	-	-	-	61.54	57.77
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	35.04	-76.14
Net Income, 3 Yr. CAGR %	-	-	-	35.04	-76.14
Normalized Net Income, 3 Yr. CAGR %	-	-	-	15.21	-8.65
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-96.7	-98.41
Accounts Receivable, 3 Yr. CAGR %	-	-	-	40.68	22.13
Inventory, 3 Yr. CAGR %	-	-	-	76.08	69.36
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	59.71	57.25
Total Assets, 3 Yr. CAGR %	-	-	-	66.59	51.37
Tangible Book Value, 3 Yr. CAGR %	-	-	-	89.49	57.04
Common Equity, 3 Yr. CAGR %	-	-	-	89.49	57.44
Cash From Operations, 3 Yr. CAGR %	-	-	-	12.66	56.51
Capital Expenditures, 3 Yr. CAGR %	-	-	-	225.09	1.14
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	37.21
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	44.8