{"id":2069,"date":"2026-02-18T07:05:47","date_gmt":"2026-02-18T07:05:47","guid":{"rendered":"https:\/\/www.borsaoku.com\/?p=2069"},"modified":"2026-02-18T07:05:50","modified_gmt":"2026-02-18T07:05:50","slug":"gedik-yatirim-finansal-analiz-raporu","status":"publish","type":"post","link":"https:\/\/www.borsaoku.com\/index.php\/2026\/02\/18\/gedik-yatirim-finansal-analiz-raporu\/","title":{"rendered":"Gedik Yat\u0131r\u0131m Finansal Analiz Raporu"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\">GED\u0130K YATIRIM (GEDIK) 2025\/12 Finansal Analiz Raporu<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Gedik Yat\u0131r\u0131m, 2025 y\u0131l\u0131 d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011fiyle birlikte y\u0131ll\u0131k bazda k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 ve \u00f6zsermaye verimlili\u011fini beklentilerin \u00fczerinde art\u0131rarak g\u00fc\u00e7l\u00fc bir kapan\u0131\u015f yapt\u0131.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. Gelir Tablosu ve Sat\u0131\u015f Performans\u0131<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u015eirketin ciro kalemlerinde, piyasa hacimlerindeki art\u0131\u015f\u0131n da etkisiyle ola\u011fan\u00fcst\u00fc bir b\u00fcy\u00fcme g\u00f6zlemlendi.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Net Sat\u0131\u015flar:<\/strong> 4. \u00e7eyrekte y\u0131ll\u0131k bazda <strong>%577,5<\/strong> art\u0131\u015fla 149,1 milyar TL\u2019ye ula\u015ft\u0131. Y\u0131ll\u0131k toplam sat\u0131\u015flar ise %343,8 y\u00fckseli\u015fle 433,7 milyar TL olarak ger\u00e7ekle\u015fti.<\/li>\n\n\n\n<li><strong>Br\u00fct K\u00e2r:<\/strong> Y\u0131ll\u0131k bazda 3,9 milyar TL ile bir \u00f6nceki y\u0131la g\u00f6re %2,3\u2019l\u00fck s\u0131n\u0131rl\u0131 bir gerileme g\u00f6sterse de, 4. \u00e7eyrek \u00f6zelinde %27,9\u2019luk bir art\u0131\u015f ivmesi yakaland\u0131.<\/li>\n\n\n\n<li><strong>Net K\u00e2r:<\/strong> 2025 y\u0131l\u0131 net k\u00e2r\u0131, y\u0131ll\u0131k <strong>%213,8<\/strong> art\u0131\u015fla <strong>1,5 milyar TL<\/strong> seviyesine y\u00fckselerek yat\u0131r\u0131mc\u0131s\u0131n\u0131 memnun etti.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">2. Operasyonel Verimlilik ve Karl\u0131l\u0131k Detaylar\u0131<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Net k\u00e2rdaki g\u00fc\u00e7l\u00fc art\u0131\u015f\u0131n arkas\u0131nda sadece ciro de\u011fil, maliyet y\u00f6netimi ve azalan finansal bask\u0131lar yer al\u0131yor:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Operasyonel Gider Y\u00f6netimi:<\/strong> Giderler ge\u00e7en y\u0131la g\u00f6re yatay kalarak 2,8 milyar TL seviyesinde disipline edildi.<\/li>\n\n\n\n<li><strong>Faaliyet K\u00e2r\u0131:<\/strong> Finansman gideri \u00f6ncesi faaliyet k\u00e2r\u0131 y\u0131ll\u0131k %34 art\u0131\u015fla 2,4 milyar TL\u2019ye ula\u015ft\u0131.<\/li>\n\n\n\n<li><strong>Enflasyon Muhasebesi Etkisi:<\/strong> Net parasal pozisyon zarar\u0131 1,3 milyar TL\u2019den 824 milyon TL\u2019ye geriledi; bu durum net k\u00e2r\u0131 do\u011frudan destekleyen bir &#8220;pozitif fark&#8221; yaratt\u0131.<\/li>\n\n\n\n<li><strong>\u00d6zsermaye K\u00e2rl\u0131l\u0131\u011f\u0131 (ROE):<\/strong> \u015eirket y\u00f6netimi %45 beklenti a\u00e7\u0131klamas\u0131na ra\u011fmen y\u0131l\u0131 <strong>%54<\/strong> seviyesinde tamamlayarak hedeflerini %20 oran\u0131nda a\u015ft\u0131.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">3. 2026 Y\u0131l\u0131 Hedefleri ve Beklentiler<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Gedik Yat\u0131r\u0131m, gelecek y\u0131la dair projeksiyonlar\u0131n\u0131 da payla\u015ft\u0131. \u015eirketin b\u00fcy\u00fcme i\u015ftah\u0131n\u0131n s\u00fcrd\u00fc\u011f\u00fc g\u00f6r\u00fcl\u00fcyor:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Br\u00fct K\u00e2r B\u00fcy\u00fcmesi:<\/strong> Nominal bazda %30+ art\u0131\u015f hedefi.<\/li>\n\n\n\n<li><strong>Di\u011fer Gelirler:<\/strong> %65\u2019in \u00fczerinde art\u0131\u015f beklentisi.<\/li>\n\n\n\n<li><strong>Genel Y\u00f6netim Giderleri:<\/strong> %35\u2019in alt\u0131nda tutulmas\u0131 hedeflenen art\u0131\u015f oran\u0131.<\/li>\n\n\n\n<li><strong>ROE Hedefi:<\/strong> %35 seviyesinde dengeli bir \u00f6zsermaye k\u00e2rl\u0131l\u0131\u011f\u0131.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">4. Yat\u0131r\u0131mc\u0131 \u0130\u00e7in Temett\u00fc ve De\u011ferleme Notlar\u0131<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Temett\u00fc:<\/strong> \u015eirket, pay ba\u015f\u0131na br\u00fct <strong>0,375 TL<\/strong> nakit temett\u00fc da\u011f\u0131taca\u011f\u0131n\u0131 duyurdu. Bu rakam mevcut fiyatlarla <strong>%5,7 temett\u00fc verimine<\/strong> denk geliyor.<\/li>\n\n\n\n<li><strong>Piyasa \u00c7arpanlar\u0131:<\/strong> Hisse \u015fu anda <strong>8,7x F\/K<\/strong> (Fiyat\/Kazan\u00e7) ve <strong>2,6x PD\/DD<\/strong> (Piyasa De\u011feri \/ Defter De\u011feri) \u00e7arpanlar\u0131yla i\u015flem g\u00f6r\u00fcyor.<\/li>\n\n\n\n<li><strong>Relatif Getiri:<\/strong> Y\u0131l ba\u015f\u0131ndan bu yana BIST100\u2019\u00fcn %11 gerisinde kalan performans, g\u00fc\u00e7l\u00fc bilan\u00e7onun ard\u0131ndan &#8220;endeksle aray\u0131 kapatma&#8221; potansiyeli bar\u0131nd\u0131rabilir.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">G\u00f6r\u00fc\u015f\u00fcm\u00fcz<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Gedik Yat\u0131r\u0131m, operasyonel giderleri sabit tutarak gelirlerini katlamay\u0131 ba\u015farm\u0131\u015f bir profil \u00e7iziyor. \u00d6zellikle hedeflerin \u00fczerindeki %54&#8217;l\u00fck \u00f6zsermaye k\u00e2rl\u0131l\u0131\u011f\u0131, \u015firketin sermayesini ne kadar verimli kulland\u0131\u011f\u0131n\u0131n en somut kan\u0131t\u0131. Temett\u00fc verimi ve makul \u00e7arpanlar, hisseyi finansal sekt\u00f6r i\u00e7inde dikkat \u00e7ekici k\u0131l\u0131yor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GED\u0130K YATIRIM (GEDIK) 2025\/12 Finansal Analiz Raporu Gedik Yat\u0131r\u0131m, 2025 y\u0131l\u0131 d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011fiyle birlikte y\u0131ll\u0131k bazda k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 ve<\/p>\n","protected":false},"author":4,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":2,"footnotes":""},"categories":[2],"tags":[200,285,209],"class_list":["post-2069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sirkethaberleri","tag-borsa","tag-gedik","tag-hisse"],"_links":{"self":[{"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/posts\/2069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/comments?post=2069"}],"version-history":[{"count":1,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/posts\/2069\/revisions"}],"predecessor-version":[{"id":2070,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/posts\/2069\/revisions\/2070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/media\/1898"}],"wp:attachment":[{"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/media?parent=2069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/categories?post=2069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.borsaoku.com\/index.php\/wp-json\/wp\/v2\/tags?post=2069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}