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Tofas Turk Otomobil Fabrikasi AS
Previous close
₺186.00
Day range
₺181.80 - ₺186.10
Year range
₺181.80 - ₺353.75
Market cap
91.35B TRY
Avg Volume
3.79M
P/E ratio
7.59
Dividend yield
10.95%
Primary exchange
IST
Market news
Financials
Income Statement
Revenue
Net income
(TRY) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 25.89B | -38.21% |
Operating expense | 1.25B | -22.83% |
Net income | 1.29B | -81.38% |
Net profit margin | 4.97 | -69.86% |
Earnings per share | — | — |
EBITDA | 3.35B | -58.75% |
Effective tax rate | -61.19% | — |
Balance Sheet
Total assets
Total liabilities
(TRY) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 18.50B | 12.39% |
Total assets | 88.56B | 76.89% |
Total liabilities | 48.59B | 42.04% |
Total equity | 39.97B | — |
Shares outstanding | 500.00M | — |
Price to book | 2.33 | — |
Return on assets | 4.85% | — |
Return on capital | 8.08% | — |
Cash Flow
Net change in cash
(TRY) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 1.29B | -81.38% |
Cash from operations | 2.79B | -20.07% |
Cash from investing | -2.18B | -195.76% |
Cash from financing | -10.60B | -701.34% |
Net change in cash | -12.20B | -7,603.53% |
Free cash flow | -11.75B | -699.27% |
About
Tofaş is a Turkish automobile manufacturer which was established in 1968 by Vehbi Koç, who founded Koç Holding, based in Bursa, where the manufacturing plant of the company is located. It is jointly owned by Stellantis and Koç Holding.
Tofaş manufactures both passenger cars and light commercial vehicles. It is one of the biggest automakers in the sector, with its 7,000 employees and 450,000 vehicles annual production capacity. Tofaş manufactures for the Fiat, Citroën, Peugeot, Opel, Vauxhall and RAM brands in Bursa, which has achieved for it the “Gold Level” within the scope of the WCM-World Class Manufacturing Program that is implemented in the 175 plants within the framework of Stellantis.
Tofaş plays a leading role in Turkish automotive sector; it conducts sales and after sales operations for the Fiat, Alfa Romeo, Lancia, Jeep, Ferrari, and Maserati brands in Turkey.
Tofaş exported 160,000 units to 80 countries in 2013. It also recorded 7 billion TL net sales income and 434 million TL net profit. Fulfilling 22% of the total production in Turkey with its 240,000 units in the previous year, Tofaş achieved 1.6 billion euro export income by increasing its export volume by 4%. Wikipedia
Founded
1968
Headquarters
Website
Employees
5,783