Turkcell Iletisim Hizmetleri A.S. - ADR
TKC - Insider Information
Get informed when a big investor buys or sells
+ FollowMarket Cap$4.18B
Close$
Earnings Call Q3 2026
November 9, 2026 - AI Summary
Strong operating momentum & profitability beat (good + investor-relevant):
- Consolidated revenue: TRY 82bn, +6.2% YoY in real terms.
- EBITDA margin: 44.2%, up the right direction and exceeding expectations (management highlighted margin improvement vs both this quarter and last year’s already-strong level).
- Net income: TRY 6.7bn.
- CEO framed this as evidence of delivering full-year real revenue growth and EBITDA margin guidance through disciplined pricing and execution.
Customer/ARPU growth highlights across core connectivity (good):
- Mobile: +579k net subscribers in Q3, driven by +701k postpaid net adds; postpaid base growth over 12 months: +2.6m; mobile churn down to 1.6% (from 2.6% a year ago).
- ARPU: Mobile ARPU (ex M2M) +28% YoY; management expects acceleration in real ARPU growth if inflation behaves as expected, as pricing actions flow through renewals.
- Fixed Wireless Access (Superbox): 101k net adds in Q3; +75% market share (all-time high); approaching 1m Superbox subscribers.
Fiber & premium mix upgrade (good + opportunity):
- Fiber subscribers: +39k in Q3; +143k over 12 months → total 2.7m.
- Higher-value mix: share of customers on own fiber infrastructure +4pp YoY to 81%; premium speed plans (≥ 1,000 Mbps) surged from 11% to 38% YoY.
- Residential fiber ARPU: +34% YoY (management said it outpaced inflation).
- Network build: 242k new home passes in Q3; 2 more cities added → total 6.9m home passes in 33 cities, with 41% take-up.
Exclusive for Stockcircle Pro members
Sign up
$0.15
96.8% downside
Current Fair Value
96.8% downsideOvervalued by 96.8% based on the discounted cash flow analysis.
Insider Trades
Loading insider trades…
Congress Trades
Loading congress trades…
Share Statistics
| Market cap | $4.18 Billion |
|---|---|
| Enterprise Value | $141.32 Billion |
| Annual dividend | $0.22 |
| Dividend yield | 3.75% |
| Earnings per Share | $20.63 |
| Beta | 0.67 |
| Outstanding Shares | 869,163,200 |
Return
| Return on Equity | 4.94% |
|---|---|
| Return on Assets | 2.30% |
| Return on Invested Capital | 6.03% |
Valuation & Multiples
| P/E Ratio | 10.06 |
|---|---|
| PEG | 40.37 |
| Price to Sales | 0.02 |
| Price to Book Ratio | 0.01 |
| Enterprise Value to Revenue | 0.62 |
| Enterprise Value to EBIT | 4.08 |
| Enterprise Value to Net Income | 8 |
| Total Debt to Enterprise | 1.67 |
| Debt to Equity | 0.71 |
Revenue Sources
No data
Last Earnings Call
Report Date
November 9, 2026
EPS
$0.16
ReportedRevenue
$1.63 B
Est. $1.61 BNext Earnings Call
Expected Date
March 4, 2027
EPS Estimate
-
Consensus analyst estimateRevenue Estimate
-
Consensus analyst estimateInstitutional Put/Call Ratio
Compares institutional put options with call options. At 0.00, the ratio is below 1, so institutions hold more calls than puts.
| Put/Call Ratio | 0.00000% |
|---|---|
| Total Calls | - |
| Total Puts | - |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 0.66%▼ 5.15% |
|---|---|
| Total Invested | $28.18M▼ 90.51% |
| Investors Holding | 74▼ 99.00% |
About Turkcell Iletisim Hizmetleri A.S.
23,795 employees
CEO: Muhterem Terzioglu
Turkcell Iletisim Hizmetleri A.S. is a prominent provider of diverse digital services, operating across multiple international markets including Turkey, Ukraine, Belarus, Northern Cyprus, Germany, and the Netherlands. Its operations are ...