TAVHL TAV Havalimanlari Holding A.S.

BIST · TR · Industrials · Airports & Air Services · tavhavalimanlari.com.tr

274.50TRY+3.10%Mkt Cap: 2.38B $P/E: 18.201d ago

TAV Havalimanlari Holding A.S., together with its subsidiaries, constructs terminal buildings, and manages and operates terminals or airports in Turkey, Georgia, Kazakhstan, Macedonia, Tunisia, Croatia, Oman, Latvia, Spa…

Industry Peers

Airports & Air Services

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$12.50BUSDP/E 18.6

ADP

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Københavns Lufthavne A/S

Flughafen Wien Aktiengesellschaft

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OMAB

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.

$4.58BUSDP/E 15.2

AIA

Athens International Airport S.A.

$4.21BUSDP/E 19.0

CAAP

Corporación América Airports S.A.

DO & CO Aktiengesellschaft

$2.87BUSDP/E 21.4

DOC

DO & CO Aktiengesellschaft

$2.33BUSDP/E 19.5

CLEBI

Çelebi Hava Servisi A.S.

Toscana Aeroporti S.p.A.

$367.18MUSDP/E 20.9

ADB

Aeroporto Guglielmo Marconi di Bologna S.p.A.

Key Statistics

Company

Market Cap2.38B USD

Enterprise Value4.59B USD

Revenue (TTM)2.23B USD

Gross Profit14.08M USD

Net Income (TTM)1.21M USD

Revenue/Share256.93 TRY

Last Price274.50 TRY

Fiscal Year EndDec 2025

MR QuarterJun 2026

Employees24.2K

CountryTR

SectorIndustrials

IndustryAirports & Air Services

ISIN—

Valuation

P/E (Trailing)18.20

P/E (Forward)13.31

PEG0.55

EV/EBITDA7.25

EV/Revenue2.06

P/S1.04

P/B1.18

EPS (TTM)15.08

EPS (Forward)20.01

52W Range

217.6038% of range369.00

52W High369.00 TRY

52W Low217.60 TRY

Profitability

Gross Margin32.29%

Oper. Margin22.28%

EBITDA Margin28.38%

Profit Margin2.78%

ROE3.20%

ROA1.01%

Growth

Revenue Growth36.90%

Earnings Growth—

Cash Flow & Leverage

Operating CF8.31M USD

CapEx (TTM)5.12M USD

FCF Margin-6.82%

FCF Yield-6.38%

Net Debt2.26B USD

Net Debt/EBITDA3.57

Balance Sheet

Debt/Equity1.32

Current Ratio0.88

Quick Ratio0.56

Book Value/Sh225.69 TRY

Cash/Share45.00 TRY

Dividends

Fwd Div Rate3.61 TRY

Trail. Div Rate3.61 TRY

Div. Yield1.36%

5Y Avg Yield4.99%

Payout Ratio0.00%

Ex-Div DateSep 22, 2026

Pay Date—

Splits

Last Split1:1000

Split DateJan 3, 2005

Analyst Consensus

Rating—

Target (Mean)426.33 TRY

Upside (mean)+55.3%

Target Range343.52 TRY – 499.80 TRY

343.52+55.3% to mean499.80

# Analysts11

Ownership

Shares Out.363.28M

Float181.12M

Insiders50.17%

Institutions17.27%

Technical

SMA 50272.98 (+0.6%)

SMA 200292.97 (-6.3%)

Beta-0.14

S&P 52W Chg14.58%

Avg Vol (30d)3.57M

Avg Vol (10d)3.26M

Technical Indicators

RSI (14)53.2

MACD-1.3536

MACD Signal-1.1972

MACD Hist.-0.1564

BB Upper286.14 TRY

BB Middle270.40 TRY

BB Lower254.66 TRY

BB Width11.64%

ATR (14)9.844 TRY

Vol Ratio (20d)0.55x