VKING FINANCIAL STATEMENTS

Viking Kagit ve Selüloz A.S. — balance sheet, income statement and cash flow trends

VKINGViking Kagit ve Selüloz A.S.

🇹🇷 Turkey · IS · Consumer Defensive · Household & Personal Products

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

Revenue732 M ₺-24.3%

Gross Profit41.8 M ₺-56.8%

Operating Income-377.4 M ₺—

EBITDA-253.9 M ₺—

Net Income-1 B ₺—

Peer Comparison· Household & Personal Products

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
VKING	-24.3%	5.7%	-34.7%	-138.3%
SKIN	-8.2%	64.9%	14.9%	-2.0%
WALD	-45.0%	47.2%	-114.5%	-143.8%
NUS	-14.2%	69.3%	9.0%	3.8%
EWCZ	-4.7%	71.3%	29.9%	3.8%
RKT	0.3%	60.7%	35.0%	22.4%
Industry median	-3.6%	47.2%	17.3%	4.5%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Current Liabilities3.8 B ₺79%
Long-term Liabilities1 B ₺21%

Key Figures

YoY change

Total Assets4.7 B ₺+73.8%

Total Liabilities4.8 B ₺+71.9%

Total Equity-97.5 M ₺—

Cash & ST Investments24.2 M ₺-32.6%

Total Debt2.5 B ₺+19.2%

Net Debt2.5 B ₺+20.1%

Peer Comparison· Household & Personal Products

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
VKING	0.10	-2,583.2%	-9.83	-2.1%
SKIN	1.79	665.2%	3.69	11.7%
WALD	1.53	38.7%	-1.21	62.6%
NUS	2.03	35.0%	0.60	57.7%
EWCZ	3.00	8.7%	-1.05	11.3%
RKT	0.85	108.8%	1.30	30.9%
Industry median	1.22	56.8%	1.30	41.0%

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 Flow-409.6 M ₺—

Capital Expenditures-18.8 M ₺—

Free Cash Flow-408.2 M ₺—

Dividends Paid0 ₺—

Peer Comparison· Household & Personal Products

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
VKING	-56.0%	-55.8%	2.6%	40.5%
SKIN	9.8%	9.2%	1.3%	-480.4%
WALD	-8.7%	-10.7%	1.9%	6.1%
NUS	5.3%	2.9%	2.4%	139.3%
EWCZ	19.8%	17.9%	1.9%	517.4%
RKT	16.2%	10.1%	3.2%	72.2%
Industry median	12.3%	8.9%	2.9%	130.0%

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 VKING

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.