Page: Company Financials
Seranit Granit Seramik Sanayi ve Tcrt AS
$8.13
+0.07 (0.87%)
As of: 2026-01-23
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 |
|---|---|---|
| Stock Price | 9.44 | 13.20 |
| Market Capitalization | 2,830.50M | 3,959.82M |
| (-) Cash & Equivalents | 31.96M | 19.21M |
| (+) Total Debt | 4,072.31M | 2,754.98M |
| Enterprise Value | 6,870.85M | 6,695.59M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 2,974M | 0.00M | 2,064M | 2,673M | 3,922M | 2,772M |
| Cost of Revenue | 1,513M | 0.00M | 999M | 1,579M | 2,409M | 1,762M |
| Gross Profit | 1,461M | 0.00M | 1,066M | 1,094M | 1,512M | 1,010M |
| Gross Profit Margin | 49.1% | 0.0% | 51.6% | 40.9% | 38.6% | 36.4% |
| R&D Expenses | 37M | 0.00M | 27M | 43M | 36M | 29M |
| SG&A Expenses | 713M | 0.00M | 493M | 562M | 493M | 454M |
| Operating Expenses | 658M | 0.00M | 405M | 451M | 264M | 207M |
| Operating Income (EBIT) | 803M | 0.00M | 660M | 643M | 1,249M | 803M |
| Operating Income Margin | 27.0% | 0.0% | 32.0% | 24.1% | 31.8% | 29.0% |
| Interest Income | 61M | 0.00M | 0M | 0M | 0M | 0M |
| Interest Expense | 1,432M | 0.00M | 1,254M | 1,574M | 2,233M | 3,626M |
| Net Interest Income | -1,372M | 0.00M | -1,254M | -1,574M | -2,233M | -3,626M |
| Unusual Items | 1,067M | 0.00M | 1,586M | 2,180M | 2,387M | 2,165M |
| EBT Excluding Unusual Items | -568M | 0.00M | -593M | -931M | -985M | -2,823M |
| Pre-Tax Income | 498M | 0.00M | 993M | 1,250M | 1,402M | -658M |
| Pre-Tax Margin | 16.7% | 0.0% | 48.1% | 46.7% | 35.7% | -23.7% |
| Income Tax Expense | 359M | 0.00M | 353M | -56M | 282M | 160M |
| Net Income | 139M | 0.00M | 640M | 1,306M | 1,120M | -818M |
| Net Income Margin | 4.7% | 0.0% | 31.0% | 48.8% | 28.5% | -29.5% |
| Depreciation & Amortization | 261M | 0.00M | 224M | 0M | 0M | 0M |
| EBITDA | 1,065M | 0.00M | 884M | 643M | 1,249M | 803M |
| EBITDA Margin | 35.8% | 0.0% | 42.8% | 24.1% | 31.8% | 29.0% |
| NOPAT | 225M | 0.00M | 426M | 672M | 997M | 634M |
| NOPAT Margin | 7.6% | 0.0% | 20.6% | 25.1% | 25.4% | 22.9% |
| Owner's Earnings | 313M | 0.00M | 779M | 1,103M | 1,055M | -914M |
| Owner's Earnings Margin | 10.5% | 0.0% | 37.7% | 41.3% | 26.9% | -33.0% |
| EPS (Basic) | 0.91 | 0.00 | 2.13 | 3.05 | 2.61 | -1.91 |
| EPS (Diluted) | 0.46 | 0.00 | 2.13 | 3.05 | 2.61 | -1.91 |
| Shares (Basic) | 300M | 0.00M | 300M | 429M | 429M | 429M |
| Shares (Diluted) | 300M | 0.00M | 300M | 429M | 429M | 429M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 38.87M | 25.05M | 18.66M | 61.29M | 51.89M | 157.91M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 38.87M | 25.05M | 18.66M | 61.29M | 51.89M | 157.91M |
| Net Receivables | 1,276.53M | 1,129.61M | 799.00M | 886.23M | 1,388.75M | 1,317.28M |
| Inventory | 3,430.17M | 3,092.48M | 2,968.50M | 2,224.29M | 2,123.74M | 1,958.05M |
| Other Current Assets | 424.42M | 402.47M | 98.93M | 32.35M | 25.04M | 27.85M |
| Total Current Assets | 5,169.99M | 4,649.61M | 3,885.09M | 3,204.15M | 3,589.42M | 3,461.09M |
| Property, Plant & Equipment | 5,904.11M | 5,635.79M | 5,131.21M | 4,795.50M | 3,452.70M | 3,402.65M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 18.74M | 18.42M | 20.35M | 17.90M | 21.21M | 20.93M |
| Long-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 319.23M | 210.79M |
| Tax Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Assets | 133.05M | 125.09M | 122.01M | 85.83M | 69.88M | 32.56M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 6,055.90M | 5,779.31M | 5,273.56M | 4,899.23M | 3,863.02M | 3,666.93M |
| Total Assets | 11,225.89M | 10,428.92M | 9,158.65M | 8,103.38M | 7,452.44M | 7,128.02M |
| Accounts Payable | 618.50M | 553.75M | 569.30M | 499.35M | 623.14M | 503.69M |
| Short-Term Debt | 1,464.38M | 1,956.36M | 1,936.21M | 1,192.31M | 2,044.16M | 1,736.54M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 0.00M | 1.18M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 609.18M | 472.89M | 408.76M | 109.36M | 170.44M | 376.82M |
| Total Current Liabilities | 2,692.06M | 2,983.00M | 2,914.26M | 1,801.03M | 2,838.92M | 2,617.05M |
| Long-Term Debt | 2,839.35M | 1,884.53M | 2,065.22M | 2,824.53M | 3,310.66M | 4,635.76M |
| Capital Lease Obligations | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 711.58M | 730.09M | 690.44M |
| Other Non-Current Liabilities | 1,150.42M | 1,032.55M | 961.52M | 203.01M | 88.86M | 117.42M |
| Total Non-Current Liabilities | 3,989.78M | 2,917.08M | 3,026.74M | 3,739.13M | 4,129.61M | 5,443.62M |
| Total Liabilities | 6,681.84M | 5,900.08M | 5,941.00M | 5,540.15M | 6,968.53M | 8,060.67M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 413.00M | 413.00M | 300.00M | 300.00M | 80.00M | 80.00M |
| Retained Earnings | -1,002.61M | -609.03M | -107.51M | -735.60M | -2,041.14M | -3,160.83M |
| Accumulated OCI | 3,741.83M | 3,507.74M | 3,157.95M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 3,152.22M | 3,311.71M | 3,350.44M | -435.60M | -1,961.14M | -3,080.83M |
| Total Equity | 3,152.22M | 3,311.71M | 3,350.44M | -435.60M | -1,961.14M | -3,080.83M |
| Total Liabilities & Equity | 9,834.06M | 9,211.80M | 9,291.45M | 5,104.55M | 5,007.39M | 4,979.84M |
| Tangible Assets | 11,207.16M | 10,410.50M | 9,138.30M | 8,085.49M | 7,431.23M | 7,107.09M |
| Tangible Equity | 3,133.48M | 3,293.29M | 3,330.09M | -453.49M | -1,982.35M | -3,101.77M |
| Tangible Book Value | 3,133.48M | 3,293.29M | 3,330.09M | -453.49M | -1,982.35M | -3,101.77M |
| Total Investments | 0.00M | 0.00M | 0.00M | 0.00M | 319.23M | 210.79M |
| Net Debt | 4,264.86M | 3,815.84M | 3,982.76M | 3,955.55M | 5,302.93M | 6,214.39M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Working Capital | 2,414.6M | 1,588.0M | 1,103.6M | 1,305.5M | 232.2M | 519.4M |
| Total Capital | 8,784.4M | 8,291.1M | 7,351.9M | 6,482.4M | 5,320.4M | 5,115.0M |
| Capital Employed | 8,470.5M | 7,367.3M | 6,377.2M | 6,204.7M | 4,095.2M | 4,186.4M |
| Invested Capital | 8,745.6M | 8,266.1M | 7,333.2M | 6,421.1M | 5,268.5M | 4,957.1M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Net Income | 139.26M | 0.00M | 640.41M | 1,387.40M | 1,119.69M | -817.64M |
| Depreciation & Amortization | 131.08M | 0.00M | 223.91M | 224.67M | 291.39M | 240.12M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -420.07M | 0.00M | -723.12M | 48.83M | -68.14M | -635.78M |
| Accounts Receivable | -377.45M | 0.00M | 101.13M | 550.85M | 43.70M | -91.07M |
| Inventory | -83.31M | 0.00M | -604.76M | -106.85M | -165.69M | -632.07M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | 40.68M | 0.00M | -219.49M | -395.18M | 53.84M | 87.37M |
| Other Non-Cash Items | 1,795.74M | 0.00M | 1,742.62M | -317.53M | -260.60M | 635.12M |
| Net Cash from Operating Activities | 1,646.01M | 0.00M | 1,883.82M | 1,343.37M | 1,082.34M | -578.18M |
| Capital Expenditures (PPE) | -88.10M | 0.00M | -84.70M | -202.06M | -64.81M | -96.52M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | -1.04M | 0.00M | -0.54M | -5.40M | -6.51M | 0.00M |
| Net Cash from Investing Activities | -89.14M | 0.00M | -85.24M | -207.46M | -71.32M | -96.52M |
| Net Debt Issuance | 28.80M | 0.00M | -267.27M | -1,046.30M | -581.35M | 970.34M |
| Long-Term Debt Issuance | 28.80M | 0.00M | -267.27M | -1,046.30M | -581.35M | 970.34M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | 1,089.11M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Issuance | 1,334.64M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | -245.53M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -2,625.23M | 0.00M | -1,557.76M | -57.94M | -436.13M | -144.09M |
| Net Cash from Financing Activities | -1,507.33M | 0.00M | -1,825.03M | -1,104.24M | -1,017.48M | 826.26M |
| Effect of FX on Cash | -16.41M | 0.00M | -20.02M | -21.68M | -99.57M | -17.04M |
| Net Change in Cash | 76.95M | 0.00M | -46.47M | 13.24M | -106.02M | 157.91M |
| Cash at Beginning of Period | 89.45M | 0.00M | 65.13M | 51.89M | 157.91M | 0.00M |
| Cash at End of Period | 168.28M | 0.00M | 18.66M | 65.13M | 51.89M | 157.91M |
| Operating Cash Flow | 1,646.01M | 0.00M | 1,883.82M | 1,343.37M | 1,082.34M | -578.18M |
| Capital Expenditure | -88.10M | 0.00M | -84.70M | -202.06M | -64.81M | -96.52M |
| Free Cash Flow | 1,557.91M | 0.00M | 1,799.12M | 1,141.31M | 1,017.53M | -674.70M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| EBITDA | 971.65M | 0.00M | 769.15M | 488.52M | 982.96M | 527.50M |
| (-) Tax Adjustment | 340.08M | 0.00M | 269.20M | 0.00M | 197.86M | 0.00M |
| (-) Change In Working Capital | -420.07M | 0.00M | -723.12M | 48.83M | -68.14M | -635.78M |
| (-) Capital Expenditure | -88.10M | 0.00M | -84.70M | -202.06M | -64.81M | -96.52M |
| Unlevered Free Cash Flow | 963.54M | 0.00M | 1,138.37M | 237.63M | 788.43M | 1,066.76M |
| (-) Net Interest Income After Taxes | -891.57M | 0.00M | -815.01M | -1,573.82M | -1,783.84M | -3,625.76M |
| Net Debt Issuance | 28.80M | 0.00M | -267.27M | -1,046.30M | -581.35M | 970.34M |
| Levered Free Cash Flow | 1,883.90M | 0.00M | 1,686.11M | 765.15M | 1,990.92M | 5,662.87M |