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Koc Holding A.S. Unsponsored ADR Class B (KHOLY)
OTHER OTC:KHOLY
Earnings Data
Report Date
May 06, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.07Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial recovery: a pronounced turnaround in consolidated net income (TRY 22.0 billion), higher operating profit (+9%), strong performance in automotive and energy and marked improvement at the bank underpin the group’s resilience. These positives are tempered by persistent macro challenges (elevated inflation and higher interest rates), softer demand in consumer durables and tractors, a wide NAV discount versus historical norms, and some asset‑specific underperformance. On balance the material earnings and cash‑flow improvements and strengthened liquidity position outweigh the noted sectoral headwinds.Company Guidance
Strong Consolidated Profitability Turnaround
Consolidated net income rose to TRY 22.0 billion in 2025 from TRY 1.7 billion in 2024 (approximately +1194% YoY), reflecting a material recovery at the bottom line driven by improved operating profit and lower net monetary losses.
Operating Profit Growth
Combined operating profit increased by ~9% year‑on‑year to TRY 155.5 billion in 2025.
Quarterly Turnaround
Fourth-quarter consolidated net income was TRY 7.0 billion versus a TRY 8.0 billion loss in the same period last year, marking a strong sequential and year‑over‑year improvement.
Robust Automotive Performance and Market Share Gains
Automotive remained the largest contributor with TRY 17.7 billion; group domestic market share ~30%; domestic market grew 11% to a record 1.4 million units; export market share increased to ~43% (around +6 percentage points). Ford Otosan export volume +10% YoY; Tofas export volume +41% YoY and completed acquisition of Stellantis Turkey.
Energy Segment Strength
Energy contribution to consolidated net income was about TRY 13–13.4 billion in 2025 (up from TRY 9.2 billion prior year, ~+41% YoY). Tupras operated at ~94% utilization, sold 29.4 million tonnes, and beat net refinery margin guidance; gasoline demand +16% and jet fuel +15% (11 months data).
Improving Financial Services Performance (Yapi Kredi)
Finance segment contribution narrowed to a negative TRY 0.6 billion in 2025 from negative TRY 20.5 billion in 2024. Yapi Kredi delivering: performing cash loan growth ~45% YoY, customer deposits +44% YoY, swap‑adjusted NIM expanded +151 bps to 2.24%, net fee & commission income +50% YoY, RoE 21.4%, RoA 1.5%, consolidated CAR 14.8% and Tier‑1 11.8%.
Improved Cash Generation at Consumer Durables (Arcelik)
Arcelik generated EUR 5.7 billion free cash flow in 2025 reversing last year's negative FCF; delivered improvements in gross margin and EBITDA margin despite revenue declines.
Liquidity and FX Profile
Holding-level net cash of $815 million at year-end, with ~69% of that in hard currency; net cash level at holding TRY 34.9 billion after dividend inflows (~TRY 33.4 billion). Secured a 5‑year club loan of $600 million (funding available) to strengthen liquidity. Group current ratio 1.2x and net financial debt / EBITDA (ex-finance) 1.2x.
International and Hard‑Currency Revenue Exposure
31% of combined revenues from international sales in 2025; including Tupras, roughly 46% of revenues are hard‑currency linked, providing natural FX hedging for the group.
Unlisted Asset Developments
Ongoing growth/strategic moves in unlisted assets: Otokoc expansion (operations in 9 countries), Entek renewable growth (77% carbon zero of 492 MW), construction of 178.5 MW solar in Romania, Koc Finansman loan portfolio +79% and net profit +52% to TRY 1.5 billion, marina acquisitions expanding market share to ~24%.
Koc Holding A.S. Unsponsored ADR Class B (KHOLY) Earnings, Revenues Date & History
KHOLY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KHOLY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 11, 2026 | $23.61 | $23.77 | +0.69% |
Nov 06, 2025 | $20.31 | $20.93 | +3.05% |
Jul 31, 2025 | $21.50 | $22.08 | +2.70% |
Apr 30, 2025 | $18.30 | $17.90 | -2.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Koc Holding A.S. Unsponsored ADR Class B (KHOLY) report earnings?
Koc Holding A.S. Unsponsored ADR Class B (KHOLY) is schdueled to report earning on May 06, 2026, TBA (Confirmed).
What is Koc Holding A.S. Unsponsored ADR Class B (KHOLY) earnings time?
Koc Holding A.S. Unsponsored ADR Class B (KHOLY) earnings time is at May 06, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KHOLY EPS forecast?
Currently, no data Available