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BIST Hub
›
Capital Markets
› BULGS
Research
BIST: BULGS
BULLS GİRİŞİM SERMAYESİ YATIRIM ORTAKLIĞI A.Ş.
BIST Main
IPO
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Compare
Share
44.52 TRY
Source:
KAP
Market Cap
TRY
11,931,360,000 TRY
USD
$264,161,003
EUR
—
1 USD = 45.17 TRY
Current Snapshot
- 2025 Q4
P/E Ratio
6.10x
↓ vs prior period
P/B Ratio
1.59x
↓ vs prior period
Gross Margin
30.39%
Op. Margin
98.66%
↑ vs prior period
Net Margin
98.66%
↑ vs prior period
ROE
26.13%
↑ vs prior period
ROA
26.09%
Source:
KAP
Debt / Equity
0.00x
↓ vs prior period
Current Ratio
123.95x
Liquidity check
Equity Ratio
99.86%
Asset coverage
EV / EBIT
6.10x
↓ vs prior period
Op. profit proxy
EV / Sales
6.02x
↓ vs prior period
Enterprise value
Piotroski F
4/9
Neutral (4/9)
Altman Z-Score
686.30
↓ vs prior period
Safe Zone ✓
Sector Benchmarks
KGK — Tümü · 11,069 companies · FY2023 (latest available)
Sector ROE
22.0%
Net Margin
10.0%
Current Ratio
1.17x
Debt/Equity
0.73x
Earnings
— Q4 2025
Net Income YoY
(vs Q4 2024)
▼ -17.5%
2.0B TRY vs 2.4B TRY
Revenue YoY
(vs Q4 2024)
▼ -39.6%
2.0B TRY vs 3.3B TRY
Net Income QoQ
(vs Q3 2025)
▲ +58.0%
2.0B TRY vs 1.2B TRY
Revenue QoQ
(vs Q3 2025)
▲ +78.0%
2.0B TRY vs 1.1B TRY
Latest KAP Filings
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Sector Peers
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TERA
TERA YATIRIM MENKUL DEĞERLER A
P/E 4.1
ROE 135.1%
168.7B
ISMEN
İŞ YATIRIM MENKUL DEĞERLER A.Ş
P/E 10.8
ROE 65.7%
63.4B
VERUS
VERUSA HOLDİNG A.Ş.
P/E 45.8
ROE 16.3%
35.0B
OYYAT
OYAK YATIRIM MENKUL DEĞERLER A
P/E 2.2
ROE 63.2%
17.1B
GEDIK
GEDİK YATIRIM MENKUL DEĞERLER
P/E 4.5
ROE 49.8%
11.4B
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Financial Charts
Revenue vs Net Income (1M TRY)
Equity vs Liabilities (1M TRY)
Profit Margins (%)
Returns — ROE vs ROA (%)
Valuation — P/E vs P/B
Advanced Analytics
Profit Cascade (1M TRY)
Revenue & Net Income Growth % (vs prior period)
3-Layer Margin Analysis — Gross, Operating, Net (%)
DuPont ROE Decomposition
Debt Structure — Current Liabilities + Long-term Debt (1M TRY)
Get DCF Valuation
PREMIUM
Historical Comparison
Period
Revenue (1M TRY)
Net Income
Net Margin
ROE
ROA
D/E
P/E
P/B
2024 Q3
1,712,232,532
-37,415,408
-2.19%
N/A
N/A
N/A
N/A
N/A
2024 Q4
3,280,709,862
2,369,848,628
72.24%
63.74%
63.38%
0.01x
5.03x
3.21x
2025 Q1
81,127,815
-342,520,804
-422.20%
-7.48%
-7.46%
0.00x
N/A
2.61x
2025 Q2
93,486,834
643,043,755
-422.20%
-7.48%
-7.46%
0.00x
N/A
2.61x
2025 Q3
1,113,729,174
1,237,401,324
155.97%
5.10%
5.09%
0.00x
21.31x
2.17x
2025 Q4
1,982,114,356
1,955,579,668
687.84%
11.71%
11.68%
0.00x
9.28x
2.17x