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BIST Hub
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Aerospace & Defense
› FORTE
Research
BIST: FORTE
FORTE BİLGİ İLETİŞİM TEKNOLOJİLERİ VE SAVUNMA SANAYİ A.Ş.
BIST Industrials
Halal
Ankara
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Compare
Share
94.40 TRY
Source:
KAP
Market Cap
TRY
6,324,800,000 TRY
USD
$140,031,439
EUR
—
1 USD = 45.17 TRY
Current Snapshot
- 2025 Q4
P/E Ratio
9.61x
↑ vs prior period
P/B Ratio
2.56x
↓ vs prior period
Gross Margin
41.05%
Op. Margin
27.01%
↑ vs prior period
Net Margin
27.01%
↓ vs prior period
ROE
26.69%
↓ vs prior period
ROA
11.14%
Source:
KAP
Debt / Equity
1.39x
↓ vs prior period
Current Ratio
1.35x
Liquidity check
Equity Ratio
41.75%
Asset coverage
EV / EBIT
10.83x
↓ vs prior period
Op. profit proxy
EV / Sales
2.93x
↓ vs prior period
Enterprise value
Piotroski F
5/9
Neutral (5/9)
Altman Z-Score
2.61
↑ vs prior period
Grey 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)
▲ +342.1%
658M TRY vs 149M TRY
Revenue YoY
(vs Q4 2024)
▲ +36.8%
2.4B TRY vs 1.8B TRY
Net Income QoQ
(vs Q3 2025)
▲ +5082.9%
658M TRY vs -13M TRY
Revenue QoQ
(vs Q3 2025)
▲ +118.9%
2.4B TRY vs 1.1B TRY
Latest KAP Filings
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▼ SELL
Ebubekir Balıkçı · ₺97.97 · 2026-04-17
KAP ↗
+ 4
more transactions
—
Premium only
Sector Peers
View all in sector →
ASELS
Aselsan Elektronik Sanayi
P/E 39.0
ROE 19.6%
1.9T
ALTNY
ALTINAY SAVUNMA TEKNOLOJİLERİ
P/E 55.2
ROE 6.3%
16.0B
SDTTR
SDT UZAY VE SAVUNMA TEKNOLOJİL
P/E 24.7
ROE 4.8%
12.7B
PAPIL
PAPİLON SAVUNMA TEKNOLOJİ VE T
P/E 174.6
ROE 3.9%
3.4B
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Insider Transactions
Date
Type
Role
Name
Shares
Price
Total
Filing
2026-04-17
▼ SELL
Ebubekir Balıkçı
N/A
₺97.97
N/A
KAP ↗
2026-04-16
▼ SELL
Ebubekir Balıkçı
N/A
₺99.55
N/A
KAP ↗
2026-04-07
▼ SELL
Ebubekir Balıkçı
N/A
₺104.25
N/A
KAP ↗
2026-04-06
▼ SELL
YÖNETİM KURULU BŞK. Varsa Birlikte Hareket Eden Diğer Gerçe
Ali Celal Asiltürk
N/A
₺106.90
N/A
KAP ↗
2026-04-03
▼ SELL
Ali Celal Asiltürk
N/A
₺100.25
N/A
KAP ↗
AI Analysis
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
2023 Q4
664,837,238
161,274,335
24.26%
27.20%
17.44%
0.56x
39.22x
10.67x
2024 Q3
297,804,631
-37,520,768
-12.60%
-5.57%
-3.67%
0.51x
N/A
9.40x
2024 Q4
1,781,397,851
148,950,778
8.36%
19.46%
10.64%
0.82x
42.46x
8.26x
2025 Q1
245,705,985
-33,863,019
-13.78%
-4.15%
-2.59%
0.60x
N/A
7.75x
2025 Q2
264,457,515
-19,559,826
-13.78%
-4.17%
-2.59%
0.60x
N/A
7.80x
2025 Q3
1,113,533,985
-13,214,170
-10.56%
-6.58%
-3.27%
1.01x
N/A
7.51x
2025 Q4
2,437,633,702
658,455,089
-7.40%
-2.33%
-1.15%
1.02x
N/A
7.53x