Oyak Çimento Valuation Multiples

Oyak Çimento is valued at $1.9B as of October 2026, a 1.2x revenue multiple. In the last 12 months, Oyak Çimento revenue was $1.4B and Oyak Çimento EBITDA was $367M.

Oyak Çimento Overview

About Oyak Çimento

Oyak Cimento Fabrikalari AS manufactures and sells cement and concrete operations. Its products are Cement, Ready-Mixed Concrete, and LIME.


Founded

1969

HQ

Turkey

Employees

2

Financials (LTM)

Revenue: $1.4B
EBITDA: $367M

EV

$1.7B

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Oyak Çimento Financials

Oyak Çimento reported last 12-month revenue of $1.4B and EBITDA of $367M.

In the same LTM period, Oyak Çimento generated $376M in gross profit, $367M in EBITDA, and $251M in net income.

Revenue (LTM)


Oyak Çimento P&L

In the most recent fiscal year, Oyak Çimento reported revenue of $1.1B and EBITDA of $248M.

Oyak Çimento is profitable as of last fiscal year, with gross margin of 27%, EBITDA margin of 22%, and net margin of 16%.

See analyst estimates for Oyak Çimento
LTMLast FY202320242025202620272028
Revenue$1.4B$1.1B$913M$1.2B$1.1B
Gross Profit$376M$305M$276M$340M$305M
Gross Margin28%27%30%28%27%
EBITDA$367M$248M$351M$314M$248M
EBITDA Margin27%22%38%26%22%
EBIT Margin21%20%25%25%20%
Net Profit$251M$177M$242M$193M$177M
Net Margin19%16%26%16%16%
Net Debt-($199M)---

Financial data powered by Morningstar, Inc.

Oyak Çimento Stock Performance

Oyak Çimento has current market cap of $1.9B, and enterprise value of $1.7B.

Market Cap Evolution


Oyak Çimento's stock price is $0.39.

Oyak Çimento share price decreased by 5.8% in the last 30 days, and by 23.2% in the last year.

Oyak Çimento has an EPS (earnings per share) of $0.04.

See more trading valuation data for Oyak Çimento
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$1.7B$1.9B-0.0%-5.8%-9.0%-23.2%$0.04

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Oyak Çimento Valuation Multiples

Oyak Çimento trades at 1.2x EV/Revenue multiple, and 4.5x EV/EBITDA.

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EV / Revenue (LTM)


Oyak Çimento Financial Valuation Multiples

As of October 18, 2026, Oyak Çimento has market cap of $1.9B and EV of $1.7B.

Oyak Çimento has a P/E ratio of 7.5x.

LTMLast FY202320242025202620272028
EV/Revenue1.2x1.5x1.8x1.4x1.5x
EV/EBITDA4.5x6.8x4.8x5.3x6.8x
EV/EBIT5.9x7.3x7.3x5.7x7.3x
EV/Gross Profit4.4x5.5x6.1x4.9x5.5x
P/E7.5x10.7x7.8x9.8x10.7x
EV/FCF-26.6x19.0x43.5x26.6x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Oyak Çimento Valuation Multiples

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Oyak Çimento Margins & Growth Rates

Oyak Çimento grew revenue by 28% and EBITDA by 34% in the last fiscal year.

In the most recent fiscal year, Oyak Çimento reported gross margin of 27%, EBITDA margin of 22%, and net margin of 16%.

See estimated margins and future growth rates for Oyak Çimento

Oyak Çimento Margins

Last FY202420252026202720282029
Gross Margin27%28%27%-
EBITDA Margin22%26%22%23%
EBIT Margin20%25%20%-
Net Margin16%16%16%9%
FCF Margin5%3%5%-

Oyak Çimento Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth28%31%(5%)28%
Gross Profit Growth(1%)23%(10%)-
EBITDA Growth34%(10%)(21%)34%
EBIT Growth47%29%(22%)-
Net Profit Growth(28%)(20%)(8%)(28%)
FCF Growth54%(56%)63%-

Data powered by FactSet, Inc. and Morningstar, Inc.

Oyak Çimento Operational KPIs

Oyak Çimento's revenue per employee in the last FY averaged $571.1M, while opex per employee averaged $37.3M for the same period.

Oyak Çimento's Rule of 40 is 51% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Oyak Çimento's Rule of X is 92% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Oyak Çimento
LTMLast FY202320242025202620272028
Rule of 4034%51%---
Bessemer Rule of X45%92%---
Revenue per Employee-$571.1M---
Opex per Employee-$37.3M---
S&M Expenses to Revenue1%0%0%0%0%
G&A Expenses to Revenue-2%1%2%2%
R&D Expenses to Revenue-0%0%0%0%
Opex to Revenue-7%5%4%7%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Oyak Çimento Competitors

Oyak Çimento competitors include SigmaRoc, Inmocemento, Fletcher Building, RHI Magnesita, Tecnoglass, Interface, Grupo Lamosa, Ciments du Maroc, JSW Cement and Şişecam.

Most Oyak Çimento public comparables operate across Building Materials.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SigmaRoc$1.4B$303M1.8x1.8x8.4x6.9x
Inmocemento$1.1B$545M2.6x-5.2x-
Fletcher Building$3.4B$310M0.9x0.9x9.7x7.0x
RHI Magnesita$3.8B$449M0.9x0.9x8.0x6.3x
Tecnoglass$984M$275M1.9x-6.6x-
Interface$1.4B$197M1.7x1.6x11.6x9.3x
Grupo Lamosa$1.9B$322M1.3x1.3x8.0x7.8x
Ciments du Maroc$558M$227M4.0x3.5x9.9x8.8x

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Acquisitions by Oyak Çimento

Oyak Çimento has acquired 3 companies to date.

Last acquisition by Oyak Çimento was on October 29th 2018. Oyak Çimento acquired Cimpor Portugal for undisclosed valuation.

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Latest Acquisitions by Oyak Çimento

Cimpor Portugal
Denizli Çimento
Aslan Çimento
Description
Cimpor Portugal is a Portuguese cement and building-materials producer and the leader of the Portuguese cement market. At the time of its sale by InterCement it comprised three integrated cement plants and two grinding mills with total cement capacity of 9.1 million tonnes a year, 46 ready-mixed concrete units, two dry-mortar plants, seventeen quarries and a cement bagging plant, together with operations in Cape Verde including a marine terminal. The group was created in 1976 when Portugal's cement industry was nationalised, and was later privatised and listed in Lisbon, growing into one of Europe's larger cement groups with interests across the Iberian peninsula, Africa, Latin America and Asia. Brazil's InterCement, part of the Camargo Corrêa group, took majority control in 2012. Revenue comes from cement, clinker, concrete, mortar and aggregate sales to construction customers and from seaborne exports. The Portuguese and Cape Verdean operations were bought by OYAK in 2018.
Denizli Çimento is a Turkish cement producer operating an integrated plant in the province of Denizli in the Aegean region, supplying cement and clinker to construction customers in western and southwestern Türkiye and for export through nearby ports. The company also owned the ready-mixed concrete producer Modern Beton, which operated batching plants serving the same regional market. Revenue comes from the sale of cement, clinker and ready-mixed concrete to contractors, concrete producers and distributors. The business was put up for sale in 2014 in a process that drew competing interest from the Limak and Sabancı groups before OYAK Çimento prevailed. Its addition took the OYAK cement group's clinker capacity to 10.3 million tonnes a year and its Turkish market share to 16.6 per cent. Denizli Çimento was subsequently merged into OYAK Çimento Fabrikaları, which briefly carried the name OYAK Denizli Çimento before the merged entity reverted to the OYAK Çimento name.
Aslan Çimento is a Turkish cement producer operating an integrated plant at Darıca on the Gulf of İzmit in the Marmara region, one of the oldest cement works in the country. The business supplies cement and clinker to construction customers in İstanbul and the surrounding industrial region, which is the largest cement consumption market in Türkiye, and benefits from coastal access for seaborne despatch. Alongside the cement plant the Lafarge Marmara business sold to OYAK included nine ready-mixed concrete plants and three aggregate quarries serving the same region. Revenue comes from the sale of cement, clinker, ready-mixed concrete and aggregates to contractors and distributors. The company had been part of the French building-materials group Lafarge before OYAK acquired it in 2009, and it was subsequently merged into OYAK Çimento Fabrikaları in 2020 along with the group's Adana, Bolu, Ünye and Mardin cement companies.
HQ CountryPortugalTurkeyTurkey
HQ City
Lisbon
Denizli
Darıca
Deal Date29 Oct 201810 Nov 201430 Dec 2009
Valuationundisclosed$503M$187M
EV/Revenue
EV/EBITDA

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About Oyak Çimento

When was Oyak Çimento founded?Oyak Çimento was founded in 1969.
Where is Oyak Çimento headquartered?Oyak Çimento is headquartered in Turkey.
How many employees does Oyak Çimento have?As of today, Oyak Çimento has over 2 employees.
Is Oyak Çimento publicly listed?Yes, Oyak Çimento is a public company listed on Borsa Istanbul.
What is the stock symbol of Oyak Çimento?Oyak Çimento trades under OYAKC ticker.
When did Oyak Çimento go public?Oyak Çimento went public in 1987.
Who are competitors of Oyak Çimento?Oyak Çimento main competitors include SigmaRoc, Inmocemento, Fletcher Building, RHI Magnesita, Tecnoglass, Interface, Grupo Lamosa, Ciments du Maroc, JSW Cement, Şişecam.
What is the current market cap of Oyak Çimento?Oyak Çimento's current market cap is $1.9B.
What is the current revenue of Oyak Çimento?Oyak Çimento's last 12 months revenue is $1.4B.
What is the current revenue growth of Oyak Çimento?Oyak Çimento revenue growth (NTM/LTM) is 7%.
What is the current EV/Revenue multiple of Oyak Çimento?Current revenue multiple of Oyak Çimento is 1.2x.
What is the current EBITDA of Oyak Çimento?Oyak Çimento's last 12 months EBITDA is $367M.
What is Oyak Çimento's EBITDA margin?Oyak Çimento's last 12 months EBITDA margin is 27%.
What is the current EV/EBITDA multiple of Oyak Çimento?Current EBITDA multiple of Oyak Çimento is 4.5x.
How many companies Oyak Çimento has acquired to date?As of October 2026, Oyak Çimento has acquired 3 companies.
What was the largest acquisition by Oyak Çimento?$503M acquisition of Denizli Çimento on 10th November 2014 was the largest M&A Oyak Çimento has done to date.
What companies Oyak Çimento acquired?Oyak Çimento acquired Denizli Çimento, Aslan Çimento, and Cimpor Portugal.
In how many companies Oyak Çimento has invested to date?Oyak Çimento hasn't invested in any companies yet (or none have been disclosed publicly).

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