GSD Holding A.S. (IST:GSDHO)
Turkey flag Turkey · Delayed Price · Currency is TRY
4.500
+0.060 (1.35%)
At close: Sep 4, 2026

GSD Holding A.S. Financials Overview

Millions TRY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,1265,3785,2932,6492,463763.97
Revenue Growth
19.73%1.61%99.80%7.54%222.45%212.26%
Gross Profit
3,8754,2394,0641,6701,811545.32
Operating Income
2,7622,9293,0491,1711,570475.25
Net Income
272.83208.29571.09-2,425-2,499528.91
Earnings Per Share
-0.230.63-2.69-5.490.59
EPS Growth
--63.15%---904.59%

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Turkey - Banking
1,0161,323686.73503.81130.94
Turkey & International - Marine
1,6861,8961,1471,639570.52
Turkey - Factoring
2,0502,053890.62429.7689.59
Turkey - Conglomerate
27.93360.6410.665.8119
Turkey - Asset Management
780.8783.98---
Inter-Segment Eliminations
-182.76-423.52-86.06-114.52-46.07
Total
5,3785,2932,6492,463763.97

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7,4506,9376,5943,6873,6711,005
Total Debt
7,7096,7925,7112,5522,3771,077
Net Cash (Debt)
-258.75144.8882.841,1361,294-71.67
Net Cash Growth
--83.60%-22.28%-12.21%--
Net Cash Per Share
-0.160.981.262.84-0.08

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,5582,353809.983,2722,05178.03
Capital Expenditures
-2,178-2,061-2,148-1,527-176.69-248.35
Free Cash Flow
380.07291.57-1,3381,7451,874-170.32
Free Cash Flow Growth
----6.86%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
75.60%78.82%76.78%63.04%73.50%71.38%
Operating Margin
53.87%54.46%57.60%44.22%63.74%62.21%
Pretax Margin
15.53%11.82%17.67%-84.72%-89.80%90.04%
Profit Margin
5.32%3.87%10.79%-91.52%-101.45%69.23%
FCF Margin
7.41%5.42%-25.27%65.88%76.06%-22.29%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
0.100---0.100
Dividend Per Share Growth
-----
Dividend Yield
2.21%---2.44%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
14.1021.926.75--2.54
Forward PE
-4.314.314.314.314.31
P/FCF Ratio
14.4015.66-2.052.23-
PS Ratio
0.940.850.731.351.701.76