Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Vestel Elektronik Sanayi ve Ticaret AS
Physical assets are 48.4% of total assets, a mixed footprint. Capex is 0.79x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. EBITDA after capex covers debt service by -0.11x, which is below 1.
Fixed-asset turnover is 1.85x. Compare it with other names in the same basket.
Physical asset ratio
48.4%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 74.56BpropertyPlantAndEquipmentNetInventoryTRY 20.47BinventoryTotal assetsTRY 196.44BtotalAssetsResult 48.4%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
1.85xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueTRY 138.25BtotalRevenueNet PP&ETRY 74.56BpropertyPlantAndEquipmentNetResult 1.85x
Revenue per dollar of the physical asset base.
Capex / D&A
0.79xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexTRY 6.74BcapitalExpendituresD&ATRY 8.49BreconciledDepreciationResult 0.79x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
TRY 76.66Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 196.44BtotalAssetsGoodwillTRY 0.00Not reported, treated as 0IntangiblesTRY 9.47BintangibleAssetsLiabilitiesTRY 161.25BtotalLiabTangible bookTRY 25.72BShares335,456,275commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result TRY 76.66
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.14xPrice / tangible bookPrice / tangible book per sharePriceTRY 11.02Latest quoteTangible book / shareTRY 76.662025-12-31Result 0.14x
Price TRY 11.02.
Fixed-charge coverage
-0.11xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-TRY 565.10MebitdaCapexTRY 6.74BcapitalExpendituresInterestTRY 22.02BinterestExpenseShort-term debtTRY 41.51BshortLongTermDebtEBITDA − capex-TRY 7.31BPrincipal due is the current portion of debt.Result -0.11x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
41.7%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flowTRY 1.54BfreeCashFlowMarket capTRY 3.70BMarketCapitalizationResult 41.7%
Latest free cash flow divided by current market cap (TRY 3.70B).
ROIC
—ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-TRY 12.35BoperatingIncomeTax expenseTRY 41.18MtaxProvisionPretax income-TRY 31.07BincomeBeforeTaxTax rate—EquityTRY 26.88BtotalStockholderEquityDebtTRY 86.77BlongTermDebt + shortLongTermDebtCashTRY 2.02BcashInvested capitalTRY 111.63BROIC needs a positive pretax income so an effective tax rate can be calculated.Result —
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is -0.17x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 34.5%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 3.33BpropertyPlantEquipmentInventoryTRY 2.86BinventoryTotal assetsTRY 17.96BtotalAssetsResult 34.5% | 4.75xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenueTRY 15.85BtotalRevenueNet PP&ETRY 3.33BpropertyPlantEquipmentResult 4.75x | 1.64xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapexTRY 748.04McapitalExpendituresD&ATRY 456.73MreconciledDepreciationResult 1.64x | TRY 7.69Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 17.96BtotalAssetsGoodwillTRY 197.79MgoodWillIntangiblesTRY 540.60MintangibleAssetsLiabilitiesTRY 14.64BtotalLiabTangible bookTRY 2.58BShares335,456,000commonStockSharesOutstandingResult TRY 7.69 | 0.12xFixed-charge coverage · 2018-12-31(EBITDA − capex) / (interest + short-term debt)EBITDATRY 1.63BebitdaCapexTRY 748.04McapitalExpendituresInterestTRY 730.65MinterestExpenseShort-term debtTRY 6.42BshortTermDebtEBITDA − capexTRY 882.54MPrincipal due is short-term debt.Result 0.12x | TRY 272.83MFree cash flow · 2018-12-31Reported free cash flowOperating cash flowTRY 1.20BtotalCashFromOperatingActivitiesCapexTRY 748.04McapitalExpendituresFree cash flowTRY 272.83MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result TRY 272.83M | 18.3%ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeTRY 1.64BoperatingIncomeTax expenseTRY 42.31MincomeTaxExpensePretax incomeTRY 443.20MincomeBeforeTaxTax rate9.5%EquityTRY 3.23BtotalStockholderEquityDebtTRY 7.17BlongTermDebt + shortLongTermDebtCashTRY 2.28BcashInvested capitalTRY 8.12BResult 18.3% | 0.49xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating incomeTRY 1.64BoperatingIncomeNet PP&ETRY 3.33BpropertyPlantEquipmentResult 0.49x |
| 2019 | 33.2%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 3.62BpropertyPlantEquipmentInventoryTRY 2.83BinventoryTotal assetsTRY 19.45BtotalAssetsResult 33.2% | 4.75xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenueTRY 17.17BtotalRevenueNet PP&ETRY 3.62BpropertyPlantEquipmentResult 4.75x | 0.77xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapexTRY 481.17McapitalExpendituresD&ATRY 626.95MreconciledDepreciationResult 0.77x | TRY 8.84Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 19.45BtotalAssetsGoodwillTRY 197.79MgoodWillIntangiblesTRY 617.73MintangibleAssetsLiabilitiesTRY 15.67BtotalLiabTangible bookTRY 2.96BShares335,456,000commonStockSharesOutstandingResult TRY 8.84 | 0.19xFixed-charge coverage · 2019-12-31(EBITDA − capex) / (interest + short-term debt)EBITDATRY 2.09BebitdaCapexTRY 481.17McapitalExpendituresInterestTRY 1.15BinterestExpenseShort-term debtTRY 7.18BshortTermDebtEBITDA − capexTRY 1.61BPrincipal due is short-term debt.Result 0.19x | TRY 2.42BFree cash flow · 2019-12-31Reported free cash flowOperating cash flowTRY 3.10BtotalCashFromOperatingActivitiesCapexTRY 481.17McapitalExpendituresFree cash flowTRY 2.42BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result TRY 2.42B | 17.3%ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeTRY 1.57BoperatingIncomeTax expense-TRY 37.94MincomeTaxExpensePretax incomeTRY 313.91MincomeBeforeTaxTax rate0.0%EquityTRY 3.69BtotalStockholderEquityDebtTRY 7.63BlongTermDebt + shortLongTermDebtCashTRY 2.28BcashInvested capitalTRY 9.04BResult 17.3% | 0.43xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating incomeTRY 1.57BoperatingIncomeNet PP&ETRY 3.62BpropertyPlantEquipmentResult 0.43x |
| 2020 | 33.5%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 5.02BpropertyPlantEquipmentInventoryTRY 4.06BinventoryTotal assetsTRY 27.08BtotalAssetsResult 33.5% | 4.30xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenueTRY 21.55BtotalRevenueNet PP&ETRY 5.02BpropertyPlantEquipmentResult 4.30x | 0.87xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapexTRY 652.92McapitalExpendituresD&ATRY 753.03MreconciledDepreciationResult 0.87x | TRY 19.43Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 27.08BtotalAssetsGoodwillTRY 196.57MgoodWillIntangiblesTRY 710.94MintangibleAssetsLiabilitiesTRY 19.65BtotalLiabTangible bookTRY 6.52BShares335,456,000commonStockSharesOutstandingResult TRY 19.43 | 0.38xFixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDATRY 3.59BebitdaCapexTRY 652.92McapitalExpendituresInterestTRY 897.34MinterestExpenseShort-term debtTRY 6.87BshortLongTermDebtEBITDA − capexTRY 2.94BPrincipal due is the current portion of debt.Result 0.38x | TRY 1.33BFree cash flow · 2020-12-31Reported free cash flowOperating cash flowTRY 2.26BtotalCashFromOperatingActivitiesCapexTRY 652.92McapitalExpendituresFree cash flowTRY 1.33BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result TRY 1.33B | 22.2%ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeTRY 2.82BoperatingIncomeTax expenseTRY 32.04MincomeTaxExpensePretax incomeTRY 1.94BincomeBeforeTaxTax rate1.7%EquityTRY 7.07BtotalStockholderEquityDebtTRY 8.58BlongTermDebt + shortLongTermDebtCashTRY 3.17BcashInvested capitalTRY 12.48BResult 22.2% | 0.56xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating incomeTRY 2.82BoperatingIncomeNet PP&ETRY 5.02BpropertyPlantEquipmentResult 0.56x |
| 2021 | 39.8%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 7.61BpropertyPlantEquipmentInventoryTRY 9.53BinventoryTotal assetsTRY 43.09BtotalAssetsResult 39.8% | 4.27xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenueTRY 32.51BtotalRevenueNet PP&ETRY 7.61BpropertyPlantEquipmentResult 4.27x | 1.42xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapexTRY 1.32BcapitalExpendituresD&ATRY 926.86MreconciledDepreciationResult 1.42x | TRY 27.44Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 43.09BtotalAssetsGoodwillTRY 196.57MgoodWillIntangiblesTRY 910.44MintangibleAssetsLiabilitiesTRY 32.78BtotalLiabTangible bookTRY 9.20BShares335,456,000commonStockSharesOutstandingResult TRY 27.44 | 0.23xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDATRY 4.18BebitdaCapexTRY 1.32BcapitalExpendituresInterestTRY 1.31BinterestExpenseShort-term debtTRY 11.00BshortLongTermDebtEBITDA − capexTRY 2.86BPrincipal due is the current portion of debt.Result 0.23x | -TRY 36.96MFree cash flow · 2021-12-31Reported free cash flowOperating cash flowTRY 1.70BtotalCashFromOperatingActivitiesCapexTRY 1.32BcapitalExpendituresFree cash flow-TRY 36.96MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -TRY 36.96M | 23.9%ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeTRY 4.59BoperatingIncomeTax expense-TRY 455.18MincomeTaxExpensePretax incomeTRY 1.70BincomeBeforeTaxTax rate0.0%EquityTRY 9.44BtotalStockholderEquityDebtTRY 11.89BlongTermDebt + shortLongTermDebtCashTRY 2.09BcashInvested capitalTRY 19.24BResult 23.9% | 0.60xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating incomeTRY 4.59BoperatingIncomeNet PP&ETRY 7.61BpropertyPlantEquipmentResult 0.60x |
| 2022 | 41.6%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 13.37BpropertyPlantAndEquipmentNetInventoryTRY 12.75BinventoryTotal assetsTRY 62.87BtotalAssetsResult 41.6% | 4.37xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenueTRY 58.37BtotalRevenueNet PP&ETRY 13.37BpropertyPlantAndEquipmentNetResult 4.37x | 2.48xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapexTRY 2.94BcapitalExpendituresD&ATRY 1.18BreconciledDepreciationResult 2.48x | TRY 34.65Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 62.87BtotalAssetsGoodwillTRY 196.57MgoodWillIntangiblesTRY 1.37BintangibleAssetsLiabilitiesTRY 49.68BtotalLiabTangible bookTRY 11.62BShares335,456,275commonStockSharesOutstandingResult TRY 34.65 | 0.07xFixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDATRY 4.49BebitdaCapexTRY 2.94BcapitalExpendituresInterestTRY 2.74BinterestExpenseShort-term debtTRY 20.20BshortLongTermDebtEBITDA − capexTRY 1.56BPrincipal due is the current portion of debt.Result 0.07x | -TRY 3.64BFree cash flow · 2022-12-31Reported free cash flowOperating cash flowTRY 38.19MtotalCashFromOperatingActivitiesCapexTRY 2.94BcapitalExpendituresFree cash flow-TRY 3.64BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -TRY 3.64B | 16.1%ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeTRY 5.03BoperatingIncomeTax expense-TRY 542.10MincomeTaxExpensePretax incomeTRY 566.09MincomeBeforeTaxTax rate0.0%EquityTRY 11.97BtotalStockholderEquityDebtTRY 20.90BlongTermDebt + shortLongTermDebtCashTRY 1.55BcashInvested capitalTRY 31.32BResult 16.1% | 0.38xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating incomeTRY 5.03BoperatingIncomeNet PP&ETRY 13.37BpropertyPlantAndEquipmentNetResult 0.38x |
| 2023 | 47.7%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 36.17BpropertyPlantAndEquipmentNetInventoryTRY 23.51BinventoryTotal assetsTRY 125.18BtotalAssetsResult 47.7% | 4.48xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenueTRY 162.02BtotalRevenueNet PP&ETRY 36.17BpropertyPlantAndEquipmentNetResult 4.48x | 1.27xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapexTRY 7.88BcapitalExpendituresD&ATRY 6.22BreconciledDepreciationResult 1.27x | TRY 110.14Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 125.18BtotalAssetsGoodwillTRY 0.00Not reported, treated as 0IntangiblesTRY 3.91BintangibleAssetsLiabilitiesTRY 84.32BtotalLiabTangible bookTRY 36.95BShares335,456,275commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result TRY 110.14 | 0.31xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDATRY 18.62BebitdaCapexTRY 7.88BcapitalExpendituresInterestTRY 8.05BinterestExpenseShort-term debtTRY 26.66BshortLongTermDebtEBITDA − capexTRY 10.74BPrincipal due is the current portion of debt.Result 0.31x | TRY 2.31BFree cash flow · 2023-12-31Reported free cash flowOperating cash flowTRY 10.19BtotalCashFromOperatingActivitiesCapexTRY 7.88BcapitalExpendituresFree cash flowTRY 2.31BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result TRY 2.31B | 8.6%ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeTRY 6.93BoperatingIncomeTax expenseTRY 987.36MtaxProvisionPretax incomeTRY 4.35BincomeBeforeTaxTax rate22.7%EquityTRY 36.04BtotalStockholderEquityDebtTRY 28.52BlongTermDebt + shortLongTermDebtCashTRY 2.29BcashInvested capitalTRY 62.27BResult 8.6% | 0.19xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating incomeTRY 6.93BoperatingIncomeNet PP&ETRY 36.17BpropertyPlantAndEquipmentNetResult 0.19x |
| 2024 | 49.6%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 59.05BpropertyPlantAndEquipmentNetInventoryTRY 27.47BinventoryTotal assetsTRY 174.49BtotalAssetsResult 49.6% | 3.16xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenueTRY 186.83BtotalRevenueNet PP&ETRY 59.05BpropertyPlantAndEquipmentNetResult 3.16x | 1.41xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapexTRY 9.35BcapitalExpendituresD&ATRY 6.63BreconciledDepreciationResult 1.41x | TRY 136.05Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 174.49BtotalAssetsGoodwillTRY 0.00Not reported, treated as 0IntangiblesTRY 6.77BintangibleAssetsLiabilitiesTRY 122.09BtotalLiabTangible bookTRY 45.64BShares335,456,275commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result TRY 136.05 | 0.06xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDATRY 12.83BebitdaCapexTRY 9.35BcapitalExpendituresInterestTRY 19.38BinterestExpenseShort-term debtTRY 42.23BshortLongTermDebtEBITDA − capexTRY 3.48BPrincipal due is the current portion of debt.Result 0.06x | -TRY 13.88BFree cash flow · 2024-12-31Reported free cash flowOperating cash flow-TRY 4.53BtotalCashFromOperatingActivitiesCapexTRY 9.35BcapitalExpendituresFree cash flow-TRY 13.88BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -TRY 13.88B | —ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeTRY 3.36BoperatingIncomeTax expenseTRY 1.02BtaxProvisionPretax income-TRY 13.17BincomeBeforeTaxTax rate—EquityTRY 44.73BtotalStockholderEquityDebtTRY 60.35BlongTermDebt + shortLongTermDebtCashTRY 2.72BcashInvested capitalTRY 102.37BROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | 0.06xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating incomeTRY 3.36BoperatingIncomeNet PP&ETRY 59.05BpropertyPlantAndEquipmentNetResult 0.06x |
| 2025 | 48.4%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ETRY 74.56BpropertyPlantAndEquipmentNetInventoryTRY 20.47BinventoryTotal assetsTRY 196.44BtotalAssetsResult 48.4% | 1.85xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueTRY 138.25BtotalRevenueNet PP&ETRY 74.56BpropertyPlantAndEquipmentNetResult 1.85x | 0.79xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexTRY 6.74BcapitalExpendituresD&ATRY 8.49BreconciledDepreciationResult 0.79x | TRY 76.66Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsTRY 196.44BtotalAssetsGoodwillTRY 0.00Not reported, treated as 0IntangiblesTRY 9.47BintangibleAssetsLiabilitiesTRY 161.25BtotalLiabTangible bookTRY 25.72BShares335,456,275commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result TRY 76.66 | -0.11xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-TRY 565.10MebitdaCapexTRY 6.74BcapitalExpendituresInterestTRY 22.02BinterestExpenseShort-term debtTRY 41.51BshortLongTermDebtEBITDA − capex-TRY 7.31BPrincipal due is the current portion of debt.Result -0.11x | TRY 1.54BFree cash flow · 2025-12-31Reported free cash flowOperating cash flowTRY 8.28BtotalCashFromOperatingActivitiesCapexTRY 6.74BcapitalExpendituresFree cash flowTRY 1.54BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result TRY 1.54B | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-TRY 12.35BoperatingIncomeTax expenseTRY 41.18MtaxProvisionPretax income-TRY 31.07BincomeBeforeTaxTax rate—EquityTRY 26.88BtotalStockholderEquityDebtTRY 86.77BlongTermDebt + shortLongTermDebtCashTRY 2.02BcashInvested capitalTRY 111.63BROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -0.17xEBIT / PP&E · 2025-12-31Operating income / net PP&EOperating income-TRY 12.35BoperatingIncomeNet PP&ETRY 74.56BpropertyPlantAndEquipmentNetResult -0.17x |
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: TRY 74.56B
Inventory: TRY 20.47B
Total assets: TRY 196.44B
Goodwill: TRY 0.00
Intangibles: TRY 9.47B
Liabilities: TRY 161.25B
Tangible book: TRY 25.72B
Shares: 335,456,275
Revenue: TRY 138.25B
Capex: TRY 6.74B
D&A: TRY 8.49B
EBITDA: -TRY 565.10M
Interest: TRY 22.02B
Short-term debt: TRY 41.51B
Free cash flow: TRY 1.54B
Operating income: -TRY 12.35B
Invested capital: TRY 111.63B
Tax rate: —