May 2026
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Largest Building Materials Public Companies in Turkey
Benchmark revenue and EBITDA valuation multiples for public comps like
Şişecam, Oyak Çimento, Batısöke Çimento, Çimsa and Akçansa.
 | Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey. | $1 | +33% | $3B | $6B | 1.1x | 4.5x | ||
| Oyak Cimento Fabrikalari AS manufactures and sells cement and concrete operations. Its products are Cement, Ready-Mixed Concrete, and LIME. | $0 | -4% | $2B | $2B | 1.8x | 6.5x | ||
| BatiSoke Soke Cimento Sanayii TAS is involved in the selling of cement and clinker products. Its offerings comprise of Portland Clinker, Portland composite cement, pozzolanic cement, Portland-limestone cement (white), sulfide resistant Portland cement & aggregate. | $1 | +119% | $1B | $1B | 10.7x | 83.0x | ||
| Cimsa Cimento Sanayi Ve Ticaret AS is a building materials company that manufactures and distributes various types of cement. Cimsa's product offerings include specialty cement, such as white cement and calculate aluminate cement and regular grey cement. Beyond the company's primary cement segment, Cimsa produces ready-mixed concrete and the company operates its distribution system. It generates the majority of its revenue from the Cement segment. The company is based in Turkey but maintains factories and operations across Europe. | $1 | +3% | $1B | $2B | 1.6x | 6.7x | ||
| Akcansa Cimento Sanayi Ve Ticaret AS manufactures and sells cement, clinker, and ready-mix concrete. It operates through Agregas and Betonsa brands in the cement, ready-mixed concrete, port, and aggregates businesses. The company has two active segments: Cement, which generates key revenue, and Ready-mixed concrete. The vast majority of the company’s total revenue comes from sales in Turkey. | $5 | +38% | $896M | $894M | 1.7x | 8.5x | ||
| Baticim Bati Anadolu Cimento Sanayii AS is engaged in the production and marketing of cement, ready-mixed concrete, gravel, and cement clinker. Its products and services include concrete, aggregates, and logistics. Its cement product comprises of Portland cement, Portland composite cement; concrete, comprising standard and special concrete. Further, it offers logistics services, such as marine cargo handling and harbor operations management. | $0 | +18% | $741M | $861M | 2.8x | 22.6x | ||
| Nuh Cimento Sanayii AS operates as a cement manufacturer with interests in energy production. The company operates its business through two segments namely; Construction and Construction Materials and Energy. The principal activities of the company include a production of various types of cement, lime, ready-mixed concrete, gas concrete, clinker, power generation, and transportation. It also offers port services through a dock near its plant with nearly 500 meters in length and loads and unloads cargo. The firm derives the majority of its revenues through the sale of its cement products. | $5 | -7% | $712M | $617M | 1.6x | 7.1x | ||
| Cimentas Izmir Cimento Fabrikasi Turk AS is specialized in the production and distribution of grey and white cement, ready-mixed concrete, aggregates and concrete products. It is also active in the management of urban and industrial waste. It's main segments are cement, aggregate, ready-mixed concrete and waste management. It obtains revenue from the sale of ready-mixed concrete and bulk and bagged cement. Cimentas Izmir Cimento Fabrikasi Turk AS is now present in 18 countries across 5 continents. | $7 | -11% | $577M | $497M | 1.3x | 6.0x | ||
| Konya Cimento Sanayii AS is engaged in the production and marketing of cement. Its products include limestone, clinker, ready-mixed concrete, aggregate cement products, and prefabricated building materials. Geographically, operations are carried out through Turkey. | $84 | -30% | $407M | $415M | 3.0x | 17.9x | ||
| Kaleseramik Canakkale Kalebodur Seramik Sanayi AS manufactures acrylic bathtubs and also has been continuing its production in main groups, namely bathrooms, spa, heat, plumbing, glass, and infrastructure. The firm provides products under Panel Radiators, Sanica Condensing Boilers, Kral Condensing Boiler, Design Radiators, and Towel Rails. | $1 | -3% | $310M | $447M | 1.5x | 22.0x | ||
| Qua Granite Hayal Yapi Ve Urunleri Sanayi Ticaret AS is involved in producing and selling ceramics tiles, floor tiles, granite, and other faience materials. | $0 | -39% | $202M | $286M | 1.2x | 18.8x | ||
| Cagdas Cam Sanayi ve Ticaret AS is engaged in the production of all kinds of finished or semi-finished glass, insulated glass, toughened safety glass, tempered flat glass and the production, processing, trading, import and export of glass products and carrying out all related commercial and industrial activities. The main activity of the company is glass processing and glass trade. The company processes the products it receives as glass from various suppliers, mainly Sisecam, and manufactures home and commercial white goods group glasses and energy glasses. | $1 | +34% | $143M | $132M | 2.5x | 8.9x | ||
| Median | $1 | +0% | $727M | $739M | 1.6x | 8.7x |
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