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⚠️ Not investment advice. Past performance does not guarantee future results.
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Turkcell TKC

Turkey Communication Services
5.5/10
AI Analyst score
5.17 USD
Last price at analysis date · analyst target 7.30 (+41.3%)
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🟡 HOLD — Hold. The valuation is attractive and the dividend is high, but weak earnings growth and governance risks in Turkey limit the upside potential.

Turkcell is Turkey's leading telecommunications operator, offering mobile, fixed, internet, and digital services to consumers and businesses. Turkcell trades at a P/E of 12.31 and an EV/EBITDA of 4.06, reflecting an attractive valuation, but its earnings growth is negative (-5.5%) and cash conversion is weak (7.10%), which weighs on its quality and growth. The dividend is a strong point (net yield 6.19%).

Financial health
5.6
Quality / Moat
2.8
Valuation
7.5
Growth
4.3
Dividend
8.2
Momentum
3.5
Risk & Context
4.3

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E12.31
Fwd P/E9.75
EV/EBITDA4.06
P/B0.90
P/SN/D
PEG4.37
Market cap4.50 B USD
Enterprise value220.44 B TRY
🏰 Quality and moat
ROIC (approx.)N/D
Gross margin27.48%
FCF conversion7%
Operating margin0.00%
📈 Profitability and margins
ROE6.75%
ROA4.15%
Net margin7.20%
FCF3.85 B TRY
FCF yield1.75%
🏦 Solvency and liquidity
Total debtN/D
Net debtN/D
CashN/D
EBITDA54.32 B TRY
Net debt / EBITDAN/D
D/E68.51
Current ratio1.49
Quick ratio1.37
🚀 Growth
Revenue growth2.50%
Earnings growth-5.50%
EPS (TTM)0.42 USD
EPS (Fwd)0.53 USD
💰 Dividend and risk
Dividend yield6.19%
Payout22.1%
Beta0.66
Analyst consensusnone (2)
Target price7.30 USD
52-week range4.82 USD – 7.18 USD
⚠️ Main risk: The main risk is governance in Turkey, with a history of political and regulatory interference that could affect returns for minority shareholders, despite solid balance sheet fundamentals.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Turkcell is Turkey's leading telecommunications operator, offering mobile, fixed, internet, and digital services to consumers and businesses. Turkcell trades at a P/E of 12.31 and an EV/EBITDA of 4.06, reflecting an attractive valuation, but its earnings growth is negative (-5.5%) and cash conversion is weak (7.10%), which weighs on its quality and growth. The dividend is a strong point (net yield 6.19%).

Score by category

CategoryScore
Financial health5.6
Quality / Moat2.8
Valuation7.5
Growth4.3
Dividend8.2
Momentum3.5
Risk & Context4.3

OVERALL SCORE: 5.5/10

Context and risks

Elevated governance risk in Turkey: history of regulatory pressure, political interference, and lira volatility that can affect cash generation and minority shareholder protection.

News considered in the analysis

  • Turkcell Iletisim Hizmetleri AS Q2 Earnings Call Highlights — La llamada de resultados del Q2 se centra en las inversiones en 5G, un factor estratégico clave para el crecimiento futuro de Turkcell.
  • Turkcell Iletisim Hizmetleri AS (TKC) (Q2 2026) Earnings Call Highlights: 5G Investments and ... — El énfasis en las inversiones 5G indica una apuesta por el crecimiento a largo plazo, aunque conlleva un aumento del capex que puede presionar el flujo de caja a corto plazo.
  • Turkcell (TKC) Q2 2026 Earnings Call Transcript — La transcripción de la llamada no aporta información nueva más allá de lo ya cubierto en los resúmenes.
  • Turkcell Iletisim Hizmetleri AS Q1 Earnings Call Highlights — Resultados del trimestre anterior, ya descontados por el mercado.
  • Turkcell Iletisim Hizmetleri AS (TKC) Q1 2026 Earnings Call Highlights: Strong Revenue Growth ... — El fuerte crecimiento de ingresos del Q1 ya es información conocida y reflejada en el precio.

Verdict: Hold. The valuation is attractive and the dividend is high, but weak earnings growth and governance risks in Turkey limit the upside potential.

Main risk: The main risk is governance in Turkey, with a history of political and regulatory interference that could affect returns for minority shareholders, despite solid balance sheet fundamentals.

Other Communication Services companies

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.