BNTAS FINANCIAL STATEMENTS

Bantas Bandirma Ambalaj Sanayi ve Ticaret A.S. — balance sheet, income statement and cash flow trends

BNTASBantas Bandirma Ambalaj Sanayi ve Ticaret A.S.

🇹🇷 Turkey · IS · Consumer Cyclical · Packaging & Containers

Value it Duel

Income Statement

Quarterly progression — trailing-twelve-month values

RevenueNet Income

Profit Funnel

Q1 2026 · TTM

Percentages are relative to revenue.

Key Figures

YoY change

Revenue1.4 B ₺+2.3%

Gross Profit241.6 M ₺-1.3%

Operating Income271.7 M ₺-9.0%

EBITDA345.7 M ₺-2.5%

Net Income251.3 M ₺-18.7%

Peer Comparison· Packaging & Containers

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
BNTAS	2.3%	17.2%	24.7%	17.9%
BIRD	-35.7%	34.1%	-59.2%	-64.9%
DXLG	-5.3%	38.8%	-1.0%	-9.2%
CNTY	1.7%	32.4%	16.8%	-9.9%
TW	13.2%	17.1%	11.1%	2.6%
PRPL	-2.5%	39.7%	-1.5%	-13.6%
Industry median	6.7%	20.3%	13.8%	3.9%

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
BNTAS	2.3%	17.2%	24.7%	17.9%
OZRDN	-4.1%	34.5%	2.6%	-8.5%
SEKUR	4.4%	18.1%	11.1%	2.5%
EMNIS	8.6%	15.5%	2.6%	-2.1%
DURDO	8.8%	20.2%	9.9%	-10.0%
ISSEN	-2.5%	18.5%	16.6%	-4.9%
Industry median	6.7%	20.3%	13.8%	3.9%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Equity1.7 B ₺89%
Current Liabilities185.8 M ₺10%
Long-term Liabilities24.8 M ₺1%

Key Figures

YoY change

Total Assets1.9 B ₺+39.3%

Total Liabilities210.6 M ₺+106.0%

Total Equity1.7 B ₺+33.9%

Cash & ST Investments635.7 M ₺+92.5%

Total Debt48.9 M ₺+1,472.8%

Net Debt-164.3 M ₺—

Peer Comparison· Packaging & Containers

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
BNTAS	6.04	2.9%	-1.70	88.9%
BIRD	1.59	204.4%	-0.27	19.2%
DXLG	1.26	207.7%	-45.27	28.0%
CNTY	1.22	-937.4%	10.41	-10.2%
TW	4.96	3.0%	-0.72	69.0%
PRPL	1.24	-351.1%	-26.42	-22.1%
Industry median	1.37	64.6%	2.41	46.6%

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
BNTAS	6.04	2.9%	-1.70	88.9%
OZRDN	3.37	0.8%	-6.25	76.0%
SEKUR	0.83	107.8%	3.26	32.0%
EMNIS	2.19	0.0%	-0.03	52.1%
DURDO	1.06	58.0%	2.33	48.0%
ISSEN	1.31	64.7%	3.72	55.6%
Industry median	1.37	64.6%	2.41	46.6%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values

Operating Cash FlowCapital ExpendituresFree Cash Flow

Cash Flow Bridge

Q1 2026 · TTM

Key Figures

YoY change

Operating Cash Flow77.4 M ₺-69.8%

Capital Expenditures-26.9 M ₺—

Free Cash Flow49.3 M ₺+3.7%

Dividends Paid0 ₺—

Peer Comparison· Packaging & Containers

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
BNTAS	5.5%	3.5%	1.9%	30.8%
BIRD	-33.5%	-35.7%	2.2%	51.6%
DXLG	1.2%	-2.7%	4.0%	-13.2%
CNTY	1.7%	-1.4%	3.1%	-17.6%
TW	3.8%	3.7%	0.1%	144.6%
PRPL	-1.7%	-3.3%	1.6%	12.4%
Industry median	8.0%	3.6%	3.9%	77.8%

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
BNTAS	5.5%	3.5%	1.9%	30.8%
OZRDN	4.1%	3.6%	0.5%	-48.0%
SEKUR	-2.8%	-4.0%	1.1%	-112.4%
EMNIS	0.5%	-0.2%	0.6%	-23.4%
DURDO	20.7%	24.6%	3.2%	-207.6%
ISSEN	-4.7%	-18.4%	12.3%	96.2%
Industry median	8.0%	3.6%	3.9%	77.8%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

Go deeper on BNTAS

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. Price data as of Jul 3, 26. This content is for informational purposes only and is not investment advice.