Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi A.S. (IST:FORTE)

Turkey · Delayed Price · Currency is TRY

104.00

-0.20 (-0.19%)

Last updated: Oct 5, 2026, 5:59 PM GMT+3

IST:FORTE Ratios and Metrics

Market cap in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	6,941	5,414	3,504	4,425	-	-
Market Cap Growth	50.91%	54.49%	-20.82%	-	-	-
Enterprise Value	8,934	7,035	3,506	4,203	-	-
Last Close Price	103.60	80.80	52.30	65.91	-	-

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	2.65	2.32	-	362.95	-	-
PS Ratio	1.81	2.22	1.50	4.61	-	-
PB Ratio	2.22	2.18	3.47	5.17	-	-
P/TBV Ratio	-	-	6.03	6.55	-	-
P/FCF Ratio	2.02	1.91	98.62	17.67	-	-
P/OCF Ratio	1.98	1.88	28.13	14.99	-	-

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	2.33	2.89	1.50	4.38	-	-
EV/EBITDA Ratio	9.75	11.43	21.33	17.45	-	-
EV/EBIT Ratio	10.18	11.90	23.73	17.76	-	-
EV/FCF Ratio	2.60	2.49	98.68	16.78	-	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.79	0.74	0.15	0.13	0.60	0.02
Debt / EBITDA Ratio	2.71	2.95	0.89	0.43	0.92	0.03
Debt / FCF Ratio	0.72	0.65	4.31	0.43	-	-
Net Debt / Equity Ratio	0.63	0.54	0.01	-0.34	0.26	-0.36
Net Debt / EBITDA Ratio	2.26	2.15	0.09	-1.21	0.42	-0.79
Net Debt / FCF Ratio	0.57	0.47	0.40	-1.17	-2.89	2.76
Asset Turnover	0.76	0.63	1.47	0.94	1.54	1.11
Inventory Turnover	2.25	2.87	9.39	2.93	5.01	5.86
Quick Ratio	0.62	0.70	1.25	1.67	1.00	1.22
Current Ratio	1.41	1.35	1.54	2.34	1.51	1.52
Return on Equity (ROE)	132.15%	133.74%	-11.61%	2.16%	31.91%	34.79%
Return on Assets (ROA)	10.93%	9.55%	5.83%	14.54%	24.07%	10.55%
Return on Invested Capital (ROIC)	17.58%	23.80%	18.61%	7.66%	58.81%	100.02%
Return on Capital Employed (ROCE)	16.20%	14.90%	13.70%	26.50%	58.50%	42.60%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	37.68%	43.02%	-3.06%	0.28%	-	-
FCF Yield	49.60%	52.26%	1.01%	5.66%	-	-
Dividend Yield	0.11%	-	-	0.17%	-	-
Payout Ratio	-	-	-	462.62%	-	-
Buyback Yield / Dilution	-4.44%	-	-26.26%	-17.93%	-225.19%	-476.58%
Total Shareholder Return	-4.33%	-	-26.26%	-17.76%	-225.19%	-476.58%