SAHOL Holding company
🏢 Company Profile
Primarily active in finance, energy, retail, digital, cement and industrial sectors.
- SAKIP SABANCI HOLDİNG ANONİM ŞİRKETİ — 13.90%
- SERRA SABANCI — 7.02%
- ÇİĞDEM SABANCI BİLEN — 6.84%
- SUZAN SABANCI SABANCI — 6.84%
- NAZMİYE SEVDA SABANCI — 3.38%
- Last quarter (2026/6): sales 135127912000 TL, net profit margin 13.3% (normal)
- Sales growth: YoY %+-5.9 (contraction).
- Net profit growth: YoY -608.6% (contraction).
- Owners' Equity Growth: YoY %+9.4 (increase)
- Asset turnover 0.1 (TTM revenue / total assets) — heavy asset base (may be the norm for a capital-intensive sector).
- Financial liabilities / owners' equity 95.1% (high leverage); total liabilities (short+long) / owners' equity 579.7%.
- Current ratio (current assets / short-term debt) 0.8 — short-term liability pressure.
- Current ratio (TradingView balance sheet section) 0.6 — short-term liability pressure.
- Multiples: P/E 9.3 · P/B 0.4 · dividend yield 1.6.
- Source: İş Yatırım quarterly financial statements + TradingView TTM (06.10.2026); comments are generated with fixed threshold rules and are not investment advice.
📋 Announced Financial Statements· manually added financial table summary · last pull: 2026-09-23
| Period | Sales Revenues (mlr TL) | Net Profit (mlr TL) | Profit Margin | Total Assets (mlr TL) | Equity (mlr TL) | Financial Debt (mlr TL) | Financial Debt / Equity |
|---|---|---|---|---|---|---|---|
| 2026/6 | 135.1 (- 5.9% YoY) | 17.9 (- 608.6% YoY) | 13.3% | 4,653.1 | 684.5 | 650.9 | 95.1% |
| 2026/3 | 63.4 (- 4.5% YoY) | 0.0 (- 100.5% YoY) | 0.0% | 4,234.6 | 625.9 | 611.7 | 97.7% |
| 2025/12 | 290.0 (+ 13.6% YoY) | 9.0 (- 122.3% YoY) | 3.1% | 4,829.7 | 710.4 | 670.9 | 94.4% |
| 2025/9 | 175.5 (- 2.9% YoY) | -2.5 (- 91.7% YoY) | %-1.4 | 3,754.5 | 565.4 | 529.7 | 93.7% |
| 2025/6 | 143.6 (+ 27.7% YoY) | -3.5 (- 82.3% YoY) | %-2.5 | 3,467.6 | 526.4 | 459.1 | 87.2% |
| 2025/3 | 66.4 (+ 23.0% YoY) | -5.8 (- 60.4% YoY) | %-8.8 | 3,303.3 | 490.2 | 388.4 | 79.2% |
| 2024/12 | 255.4 | -40.2 | %-15.7 | 4,023.2 | 619.5 | 450.8 | 72.8% |
| 2024/9 | 180.7 | -30.6 | %-17.0 | 2,814.2 | 461.3 | 302.0 | 65.5% |
| 2024/6 | 112.4 | -19.9 | %-17.7 | 2,646.4 | 432.9 | 279.2 | 64.5% |
| 2024/3 | 54.0 | -14.8 | %-27.4 | 2,413.5 | 417.6 | 256.1 | 61.3% |
Income statement items (sales revenues and net profit) are cumulative from the beginning of the year; balance sheet items are period-end balances. Source: İş Yatırım financial statements (based on KAP announcements).
🔎 Fundamental Analysis Summary · automatic
- Net profit margin 1.6% (thin net profit margin).
- Current ratio 0.62 — under short-term liability pressure.
- Dividend yield 1.7%.
Rule-based summary: It is generated from İş Yatırım financial statements (TTM) and TradingView base data with fixed thresholds; no LLM, no hallucination risk. It is not investment advice.
Valuation and Profitability · single source, last 12 months
Last 5 trading days return: -4.3%
| Market value | 171.9 billion TL |
| Equity (2026/6) | 684.5 mlr TL |
| Net profit (last 12 months) | 30.4 mlr TL |
| P/E (last 12 months) | 5.7 |
| P/B | 0.25 |
| ROE (last 12 months) | 4.4% |
| Financial debt / equity | 95% |
Source: İş Yatırım financial statements (KAP disclosures) — same source as the balance sheet table.
Macro Sensitivity · Holding sector
Regime: high inflation + tight monetary policy (6.27 point real interest) · moderate domestic demand
| Trend | neutral |
| Score | +0 |
| Channels | interest rate increase, domestic demand increase |
Sector sensitivity matrix x current macro regime; detail Macroeconomic Evaluation.
Technical Status
| General | STRONG SELL |
| Short term (EMA 5-8-13-21) | SELL |
| Medium term (EMA 34-55) | SELL |
| Long term (EMA 89-144) | SELL |
| Wave Trend (indicator) | SELL |
| Channel position | 15% |
| Trend strength (r) | -0.58 |
| Score | 0 |
EMA sequence + Wave Trend + 60-day regression channel. Details: Technical Scan · Stock Center
Last 7 Days News
- Celebration from Sabancı Holding for the 103rd anniversary of the Republic with the message "Cumhuriyet Her Gün" — Anadolu Agency · 27.10
- Sabancı Holding management met with Canadian Prime Minister Carney — Bloomberght · 26.10
- Sabancı Holding management met with Canadian Prime Minister Mark Carney — Gazete Oksijen · 26.10
- Sabancı Holding delivered 55% return after InvestingPro's fair value signal — Investing.com Türkiye · 25.10
- Sabancı Holding made additional payment for Carrefoursa transfer — Paratic Haber · 23.10
- Sabancı Holding's exit bill from CarrefourSA was 92 milyon dolar, closing accounts finalized — Patronlar Dünyası · 23.10
📋 KAP Notifications
- 26 October 09:02 — Public Disclosure Platform Announcement →
- 23 Ekim 18:33 — Notification Regarding Share Buyback→
- 23 Ekim 18:32 — Special Situation Disclosure (General)→
- 23 Ekim 16:54 — Announcement of Conversion to Traded Type→
- 23 Ekim 15:35 — Circuit Breaker Notification on a Share Basis→
- 21 Ekim 18:49 — Share Purchase and Sale Notification→
- 21 October 18:12 — SPK Transaction Ban Due to Share Announcement →
- October 20 08:57 — Share Purchase and Sale Notification→
All notifications: KAP →
📝 Evaluations· prepared manually · last update: 23.09.2026
📈 Technical Analysis
Sabancı Holding is trading at 91.20 TL with a flat movement (0.05%) on September 23, 2026. The medium-term EMA sequence is in a SELL position; short/long-term is WAIT, Wave Trend is BUY — the chart is at a 1/4 SELL level. The channel position is at 46%, with trend strength (r) at 0.20, indicating a structure where directional search continues. The stock is priced 13% below its 60-day peak of 104.50 TL and 18% above the support zone of 77.25 TL; it shows a balanced trajectory amidst discussions about the holding's discount.
🌍 Macroeconomic Evaluation
Sabancı Holding's portfolio composition is relatively resilient to macro transition periods: banking benefits from interest rate cut cycles, energy assets from inflation-indexed tariffs, and industrial companies from export channels. The decline in inflation to 31.5% and the Central Bank of the Republic of Turkey's (TCMB) moderate easing signals are activating the classic mechanism that narrows holding discounts; the closure of the net asset value discount is a potential main source of return. Structural growth in electricity demand and renewable energy investments support the energy portfolio. USD/TL's movement at the 48.83 level preserves the TL value of foreign currency-denominated assets. In scenarios with increased foreign investor inflow, deeply discounted holdings become priority rotation targets. Main risks: negative surprises in energy tariff regulation, quarterly profitability volatility, and delayed recovery in domestic demand.
🧾 Balance Sheet Evaluation
In the first half of 2026, Sabancı Holding experienced a 5.9% decline in sales but recorded a strong turnaround from last year's loss base; in the second quarter, 71.7 billion TL in sales (-7.1%) and 17.9 billion TL in net profit (+669.7%) highlighted the recovery in energy and finance profits. Quarterly net margin was 24.9%, in stark contrast to -2.5% in the first half of last year. Over the last four quarters, the holding generated 281.5 billion TL in sales and 30.4 billion TL in net profit; its market value is ~188 billion TL; with P/E ~6.2x and P/B ~0.3x, it's among BIST's most deeply discounted large companies. The discount to net asset value is above the historical average; the market prices in regulatory risks for energy assets and the complexity of the holding structure. Although combined financial debt/equity is 95.1% and net debt is ~428 billion TL, a significant portion is long-term project financing for energy production assets; leverage is limited on a standalone basis. ROE is low at 4.4%, but has potential to reach double digits as energy profitability normalizes. The 1.6% dividend yield is limited. In summary, Sabancı presents a value-focused profile with deep discount, recovering profitability, and a strong asset base; clarity on energy regulation and profitability continuity is needed for the discount to close.
This section is manually updated; for informational purposes only, not investment advice.