{"id":53336,"date":"2025-11-06T07:59:53","date_gmt":"2025-11-06T07:59:53","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/11\/06\/tera-yatirim-aselsan-asels-hisseleri-icin-yeni-hedef-fiyatini-acikladi\/"},"modified":"2025-11-06T07:59:53","modified_gmt":"2025-11-06T07:59:53","slug":"tera-yatirim-aselsan-asels-hisseleri-icin-yeni-hedef-fiyatini-acikladi","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2025\/11\/06\/tera-yatirim-aselsan-asels-hisseleri-icin-yeni-hedef-fiyatini-acikladi\/","title":{"rendered":"TERA Yat\u0131r\u0131m, Aselsan (ASELS) hisseleri i\u00e7in yeni hedef fiyat\u0131n\u0131 a\u00e7\u0131klad\u0131"},"content":{"rendered":"

Arac\u0131 kurumlar\u0131n Aselsan Elektronik Sanayi ve Ticaret A.\u015e.\u00a0(ASELS) hisseleri i\u00e7in hedef fiyat a\u00e7\u0131klamalar\u0131 devam ediyor. 6 Kas\u0131m g\u00fcn\u00fc rapor yay\u0131nlayan TERA Yat\u0131r\u0131m, Aselsan i\u00e7in hedef fiyat\u0131n\u0131 y\u00fckseltti. <\/p>\n

\"|<\/figure>\n

Hedef fiyat haberleri \u2013 ASELS hisse yorumu<\/h2>\n

Raporda \u015fu ifadeler kullan\u0131ld\u0131; \u201cAselsan\u2019\u0131n 3\u00c7 sonu\u00e7lar\u0131n\u0131 olumlu de\u011ferlendiriyoruz; g\u00fc\u00e7l\u00fc kontrat ivmesi (9A25\u2019te 5,7 milyar dolar, x y\u0131ll\u0131k art\u0131\u015f) ve 17,9 milyar dolar\u0131yla rekor seviyedeki backlog ( B y\u0131ll\u0131k) taraf\u0131ndan destekleniyor. 2025 ve 2026 i\u00e7in s\u0131ras\u0131yla 16,8x\/15,3x FD\/FAV\u00d6K ve 28,1x\/25,0x F\/K \u00e7arpanlar\u0131n\u0131 kullan\u0131yoruz. Daha \u00f6nce benzer \u015firketlerin ortalama \u00e7arpanlar\u0131na uygulad\u0131\u011f\u0131m\u0131z \u2019luk iskontoyu kald\u0131rd\u0131k; bu de\u011fi\u015fiklik Aselsan\u2019\u0131n artan g\u00f6r\u00fcn\u00fcrl\u00fc\u011f\u00fcn\u00fc ve g\u00fc\u00e7l\u00fc backlog b\u00fcy\u00fcmesini daha do\u011fru yans\u0131tmay\u0131 ama\u00e7l\u0131yor. 3\u00c7 net k\u00e2r\u0131 hem bizim hem de piyasa beklentilerinin belirgin \u015fekilde \u00fczerinde ger\u00e7ekle\u015fti. Gelirler reel bazda y\u0131ll\u0131k artt\u0131 (piyasa beklentisinin de biraz \u00fczerinde). Br\u00fct marj y\u0131ll\u0131k bazda yatay kal\u0131rken, operasyonel kald\u0131ra\u00e7 sayesinde operasyonel giderler\/sat\u0131\u015f oran\u0131 geriledi. Daha d\u00fc\u015f\u00fck finansman giderleri net k\u00e2r\u0131 destekleyerek x y\u0131ll\u0131k b\u00fcy\u00fcme sa\u011flad\u0131.<\/p>\n

Ertelenmi\u015f vergi geliri olmamas\u0131na ra\u011fmen 4,8 milyar TL gibi g\u00fc\u00e7l\u00fc bir net k\u00e2r a\u00e7\u0131kland\u0131. Y\u00fcksek yat\u0131r\u0131m harcamalar\u0131 ve negatif nakit kazan\u00e7lar nedeniyle net bor\u00e7 \u00e7eyreklik bazda artt\u0131 (Net bor\u00e7\/FAV\u00d6K: 0,6x; 2024 sonu: 0,53x). \u015eirket, 9A25\u2019te 5,7 milyar dolar tutar\u0131nda yeni s\u00f6zle\u015fme kazand\u0131 ( x y\u0131ll\u0131k), toplam backlog b\u00f6ylece 17,9 milyar dolar\u0131na ( B y\u0131ll\u0131k) ula\u015ft\u0131. Backlog\u2019un yakla\u015f\u0131k \u2019\u00fc yurt d\u0131\u015f\u0131 kaynakl\u0131 (yakla\u015f\u0131k \u2019u Orta Do\u011fu ve Asya\u2019dan). Genel olarak, g\u00fc\u00e7l\u00fc backlog olu\u015fumu ile birlikte sa\u011flam bir \u00e7eyrek g\u00f6r\u00fcyoruz. \u015eirket 2025 y\u0131lsonu hedeflerini korudu: \u015eirket, enflasyon muhasebesine g\u00f6re reel bazda net sat\u0131\u015flarda \u2019un \u00fczerinde b\u00fcy\u00fcme, FAV\u00d6K marj\u0131nda #\u2019\u00fcn \u00fczerinde seviye ve yakla\u015f\u0131k 20 milyar TL yat\u0131r\u0131m hedefliyor. 9A25 finansallar\u0131, reel bazda y\u0131ll\u0131k gelir art\u0131\u015f\u0131 ve % civar\u0131nda FAV\u00d6K marj\u0131 ile hedefin hafif \u00fczerinde seyrediyor.\u201d<\/p>\n

\n
<\/div>\n<\/div>\n

ASELS hisse hedef fiyat 2026<\/h2>\n

\u0130\u015fte arac\u0131 kurumlar\u0131n Aselsan i\u00e7in belirledi\u011fi hedef fiyat ve tavsiyesi;<\/p>\n

\"|<\/figure>\n

TERA Yat\u0131r\u0131m<\/h3>\n

TERA Yat\u0131r\u0131m, ASELS \u2013 Aselsan i\u00e7in hedef fiyat\u0131n\u0131 198 TL\u2019den 246,20 TL\u2019ye y\u00fckseltti. Tavsiyesini \u201cendekse paralel getiri\u201d olarak s\u00fcrd\u00fcrd\u00fc.<\/p>\n

\n\n\n\n\n\n\n\n\n
Arac\u0131 Kurum<\/strong><\/td>\nTERA Yat\u0131r\u0131m<\/td>\n<\/tr>\n
Hedef fiyat<\/strong><\/td>\n246,20 TL<\/td>\n<\/tr>\n
Son fiyat (\u0130st: ASELS)<\/strong><\/td>\n192,80 TL<\/td>\n<\/tr>\n
Tavsiye<\/strong><\/td>\nEndekse paralel getiri<\/td>\n<\/tr>\n
Getiri potansiyeli<\/strong><\/td>\n‘,69<\/td>\n<\/tr>\n
A\u00e7\u0131klanma tarihi<\/strong><\/td>\n6 Kas\u0131m 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n
\n
\n

T\u00fcpra\u015f (TUPRS) bedelsiz sermaye art\u0131r\u0131m\u0131 potansiyeli<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Bizi WhatsApp Kanal\u0131m\u0131z \u00fczerinden de takip edebilirsiniz. WhatsApp kanal\u0131 linki:\u00a0https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x<\/mark><\/mark><\/a><\/p>\n

Bizi Telegram \u00dczerinden de takip edebilirsiniz. Telegram kanal\u0131 linki:\u00a0https:\/\/t.me\/rotaborsa_halkaarz<\/mark><\/mark><\/a><\/p>\n

Burada yer alan yat\u0131r\u0131m bilgi, yorum ve tavsiyeleri yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 kapsam\u0131nda de\u011fildir. Yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 hizmeti, arac\u0131 kurumlar, portf\u00f6y y\u00f6netim \u015firketleri, mevduat kabul etmeyen bankalar ile m\u00fc\u015fteri aras\u0131nda imzalanacak yat\u0131r\u0131m dan\u0131\u015fmanl\u0131\u011f\u0131 s\u00f6zle\u015fmesi \u00e7er\u00e7evesinde sunulmaktad\u0131r. Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanlar\u0131n ki\u015fisel g\u00f6r\u00fc\u015flerine dayanmaktad\u0131r. Bu g\u00f6r\u00fc\u015fler, mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle sadece burada yer alan bilgilere dayan\u0131larak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Arac\u0131 kurumlar\u0131n Aselsan Elektronik Sanayi ve Ticaret A.\u015e.\u00a0(ASELS) hisseleri i\u00e7in hedef fiyat a\u00e7\u0131klamalar\u0131 devam ediyor. 6 Kas\u0131m g\u00fcn\u00fc rapor yay\u0131nlayan TERA Yat\u0131r\u0131m, Aselsan i\u00e7in hedef fiyat\u0131n\u0131 y\u00fckseltti. Hedef fiyat haberleri \u2013 ASELS hisse yorumu Raporda \u015fu ifadeler kullan\u0131ld\u0131; \u201cAselsan\u2019\u0131n 3\u00c7 sonu\u00e7lar\u0131n\u0131 olumlu de\u011ferlendiriyoruz; g\u00fc\u00e7l\u00fc kontrat ivmesi (9A25\u2019te 5,7 milyar dolar, x y\u0131ll\u0131k art\u0131\u015f) ve 17,9 […]<\/p>\n","protected":false},"author":1,"featured_media":53337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-53336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-borsa-haberleri"],"_links":{"self":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/53336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/comments?post=53336"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/53336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/53337"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=53336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=53336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=53336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}