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Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm's services portfolio includes high-quality mobile and fixed voice, data, TV, and digital services over its network. The firm also operates in the Turkish Republic of Northern Cyprus, Belarus, Netherlands, and Ukraine. It has three main reportable segments, Turkcell Turkiye, Turkcell International, and Techfin. The Turkcell Turkiye segment that derives the majority of revenue comprises mainly telecommunication and technology services activities.
1993
24.4K+
LTM Revenue $4.8B
LTM EBITDA $2.0B
$5.9B
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Turkcell has a last 12-month revenue of $4.8B and a last 12-month EBITDA of $2.0B.
In the most recent fiscal year, Turkcell achieved revenue of $2.8B and an EBITDA of $1.2B.
Turkcell expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Turkcell valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $1.6B | $2.8B | XXX | XXX | XXX |
| Gross Profit | $281M | $224M | XXX | XXX | XXX |
| Gross Margin | 17% | 8% | XXX | XXX | XXX |
| EBITDA | $708M | $1.2B | XXX | XXX | XXX |
| EBITDA Margin | 44% | 42% | XXX | XXX | XXX |
| Net Profit | $132M | $110M | XXX | XXX | XXX |
| Net Margin | 8% | 4% | XXX | XXX | XXX |
| Net Debt | $401M | $653M | XXX | XXX | XXX |
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As of April 15, 2025, Turkcell's stock price is TRY 90 (or $2).
Turkcell has current market cap of TRY 196B (or $5.2B), and EV of TRY 224B (or $5.9B).
See Turkcell trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5.9B | $5.2B | XXX | XXX | XXX | XXX | $0.19 |
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Sign UpAs of April 15, 2025, Turkcell has market cap of $5.2B and EV of $5.9B.
Turkcell's trades at 1.2x LTM EV/Revenue multiple, and 2.9x LTM EBITDA.
Analysts estimate Turkcell's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Turkcell and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $5.9B | XXX | XXX | XXX |
| EV/Revenue | 2.1x | XXX | XXX | XXX |
| EV/EBITDA | 5.0x | XXX | XXX | XXX |
| P/E | 15.6x | XXX | XXX | XXX |
| P/E/Growth | 0.2x | XXX | XXX | XXX |
| EV/FCF | 18.4x | XXX | XXX | XXX |
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Sign UpTurkcell's NTM/LTM revenue growth is 28%
Turkcell's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $10K for the same period.
Over next 12 months, Turkcell's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Turkcell's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Turkcell and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 74% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 42% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 68% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 70% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.1M | XXX | XXX | XXX | XXX |
| Opex per Employee | $10K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 6% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 9% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| e& | XXX | XXX | XXX | XXX | XXX | XXX |
| Space42 | XXX | XXX | XXX | XXX | XXX | XXX |
| Jordan Telecom | XXX | XXX | XXX | XXX | XXX | XXX |
| KPN | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Turkcell acquired XXX companies to date.
Last acquisition by Turkcell was XXXXXXXX, XXXXX XXXXX XXXXXX . Turkcell acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Turkcell founded? | Turkcell was founded in 1993. |
| Where is Turkcell headquartered? | Turkcell is headquartered in Turkey. |
| How many employees does Turkcell have? | As of today, Turkcell has 24.4K+ employees. |
| Who is the CEO of Turkcell? | Turkcell's CEO is Dr. Ali Taha Koc. |
| Is Turkcell publicy listed? | Yes, Turkcell is a public company listed on IST. |
| What is the stock symbol of Turkcell? | Turkcell trades under TCELL ticker. |
| When did Turkcell go public? | Turkcell went public in 2000. |
| Who are competitors of Turkcell? | Similar companies to Turkcell include e.g. , e&, Space42, Jordan Telecom. |
| What is the current market cap of Turkcell? | Turkcell's current market cap is $5.2B |
| What is the current revenue of Turkcell? | Turkcell's last 12-month revenue is $4.8B. |
| What is the current EBITDA of Turkcell? | Turkcell's last 12-month EBITDA is $2.0B. |
| What is the current EV/Revenue multiple of Turkcell? | Current revenue multiple of Turkcell is 1.2x. |
| What is the current EV/EBITDA multiple of Turkcell? | Current EBITDA multiple of Turkcell is 2.9x. |
| What is the current revenue growth of Turkcell? | Turkcell revenue growth between 2023 and 2024 was 74%. |
| Is Turkcell profitable? | Yes, Turkcell is EBITDA-positive (as of the last 12 months). |
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