{"id":54098,"date":"2026-01-28T11:40:05","date_gmt":"2026-01-28T11:40:05","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/01\/28\/aksa-enerji-aksen-bilanco-yorumu\/"},"modified":"2026-01-28T11:40:05","modified_gmt":"2026-01-28T11:40:05","slug":"aksa-enerji-aksen-bilanco-yorumu","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2026\/01\/28\/aksa-enerji-aksen-bilanco-yorumu\/","title":{"rendered":"Aksa Enerji (AKSEN) bilan\u00e7o yorumu"},"content":{"rendered":"<p>Aksa Enerji \u00dcretim A.\u015e. (AKSEN) 2025 y\u0131l\u0131 3. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. <a href=\"https:\/\/rotaborsa.com\/kategori\/haberler\/bilanco-haberleri\/\">Bilan\u00e7o<\/a> sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Gedik Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131;<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1280\" height=\"720\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2024\/12\/aksen3.jpg\" alt=\"| Rota Borsa\" class=\"wp-image-258998\" title=\"2 kurum Ford Otomotiv (FROTO) i\u00e7in hedef fiyatlar\u0131n\u0131 a\u00e7\u0131klad\u0131 6 HABERLER, G\u00fcndemdekiler, \u015eirket Haberleri Rota Borsa\" \/><\/figure>\n<h2 class=\"wp-block-heading\">Aksa Enerji \u00dcretim A.\u015e. hisse haberleri \u2013 AKSEN hisse yorumu<\/h2>\n<p>Gedik Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c\u015eirketin net sat\u0131\u015flar\u0131 3. \u00e7eyrekte ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re ,78 azal\u0131\u015fla 9.533 milyon TL olmu\u015ftur. 2025 y\u0131l\u0131n\u0131n ilk 9 ay\u0131nda net sat\u0131\u015flar\u0131 %7,89 art\u0131\u015fla 31.109 milyon TL seviyesinde ger\u00e7ekle\u015fmi\u015ftir. FAV\u00d6K\u2018\u00fc 3. \u00e7eyrekte ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re 4,72 art\u0131\u015fla 3.080 milyon TL olmu\u015ftur. 2025 y\u0131l\u0131n\u0131n ilk 9 ay\u0131nda bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re FAV\u00d6K\u2019\u00fc 6,22 art\u0131\u015fla 8.735 milyon TL seviyesinde ger\u00e7ekle\u015fmi\u015ftir. FAV\u00d6K marj\u0131 3. \u00e7eyrekte ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re 1.139 baz puan art\u0131\u015fla 2,3 olmu\u015ftur. 2025 y\u0131l\u0131n\u0131n ilk 9 ay\u0131nda bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re FAV\u00d6K marj\u0131 584 baz puan art\u0131\u015fla (,1 olmu\u015ftur. Net kar\u0131 3. \u00e7eyrekte ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine g\u00f6re %8,61 art\u0131\u015fla 956,58 milyon TL olmu\u015ftur. 2025 y\u0131l\u0131n\u0131n ilk 9 ay\u0131nda bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re net kar\u0131 !,52 azal\u0131\u015fla 2.410 milyon TL seviyesinde ger\u00e7ekle\u015fmi\u015ftir.<br \/><strong><em>Sonu\u00e7: <\/em><\/strong>\u015eirket, 3\u00c725\u2019de 957 milyon TL (y\u0131ll\u0131k:  %9; \u00e7eyreklik: -%4) net kar a\u00e7\u0131klam\u0131\u015f ve bu rakam 922 milyon TL olan konsens\u00fcs tahminine paralel ger\u00e7ekle\u015fmi\u015ftir. FAV\u00d6K ise 3,1 milyar TL (y\u0131ll\u0131k:  5; \u00e7eyreklik:  ) ile 2,8 milyar TL olan konsens\u00fcs tahmininin hafif \u00fczerinde a\u00e7\u0131klanm\u0131\u015ft\u0131r. T\u00fcm b\u00f6lgelerin (T\u00fcrkiye, Asya ve Afrika) FAV\u00d6K\u2019\u00fc y\u0131ll\u0131k bazda art\u0131\u015f kaydetmi\u015ftir. Net Bor\u00e7\/FAV\u00d6K oran\u0131 \u00e7eyreklik olarak neredeyse sabit kalarak 3,6x seviyesinde ger\u00e7ekle\u015fmi\u015ftir. Kapasite art\u0131r\u0131m\u0131 planlar\u0131 g\u00f6z \u00f6n\u00fcne al\u0131nd\u0131\u011f\u0131nda bu oran\u0131n makul oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz. Genel olarak, 3\u00c725 sonu\u00e7lar\u0131n\u0131 n\u00f6tr olarak de\u011ferlendiriyoruz. \u015eirket y\u00f6netimi, 36.850 milyon TL sat\u0131\u015f geliri (9A25: 31.109 milyon TL), 11.005 milyon TL FAV\u00d6K (9A25: 8.735 milyon TL) ve 23.164 milyon TL TL yat\u0131r\u0131m harcamas\u0131 (9A25: 11,0 milyar TL) \u015feklindeki y\u0131l sonu tahminlerini korumu\u015ftur. Bu tahminleri olduk\u00e7a muhafazakar buluyoruz. Bu nedenle, 2025 y\u0131l\u0131 i\u00e7in FAV\u00d6K ve net kar tahminlerimizi s\u0131ras\u0131yla  art\u0131\u015fla 12,8 milyar TL\u2019ye ve  art\u0131\u015fla 4,4 milyar TL\u2019ye \u00e7\u0131kar\u0131yoruz. Hisse 2025 y\u0131l\u0131 ve 2026 y\u0131l\u0131 tahminlerimize g\u00f6re s\u0131ras\u0131yla 8,5x ve 5,8x FD\/FAV\u00d6K \u00e7arpanlar\u0131yla i\u015flem g\u00f6rmektedir. Bu \u00e7arpanlar\u0131 makul buluyoruz. (N\u00d6TR)\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"550\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/11\/2FDF273E-2F91-40F3-8E52-AD6F5C97ED87-1024x550.png\" alt=\"| Rota Borsa\" class=\"wp-image-380776\" title=\"| Rota Borsa\" \/><\/figure>\n<p>\u27a2 Raporun tamam\u0131n\u0131 PDF olarak g\u00f6r\u00fcnt\u00fclemek i\u00e7in a\u015fa\u011f\u0131daki dosyay\u0131 indirebilirsiniz.<\/p>\n<div class=\"kanews-banner kanews-banner-single\">\n<div style=\"min-height:280px\" data-empower-zone=\"159899\" class=\"empower-ad\"><\/div>\n<\/div>\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object><\/object><a id=\"wp-block-file--media-eeef4b27-0abb-41b4-bf70-3a29213487db\" href=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/11\/3c25_finansal-degerlendirme_aksen_20251111.pdf\">3c25_finansal-degerlendirme_aksen_20251111<\/a><a href=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2025\/11\/3c25_finansal-degerlendirme_aksen_20251111.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-eeef4b27-0abb-41b4-bf70-3a29213487db\">\u0130ndir<\/a><\/div>\n<p><em><strong>Kaynak: <\/strong>Gedik Yat\u0131r\u0131m Ara\u015ft\u0131rma<\/em><\/p>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-rota-borsa wp-block-embed-rota-borsa\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"Qz6RnYW6No\"><p><a href=\"https:\/\/rotaborsa.com\/yarin-2-sirket-bedelsiz-sermaye-artirimi-yapacak-16\/\">Yar\u0131n 2 \u015firket bedelsiz sermaye art\u0131r\u0131m\u0131 yapacak<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Bizi WhatsApp Kanal\u0131m\u0131z \u00fczerinden de takip edebilirsiniz. WhatsApp kanal\u0131 linki:\u00a0<a href=\"https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x\" target=\"_blank\" rel=\"noreferrer noopener\"><mark><mark style=\"background-color:#ffffff;color:#01b673\" class=\"has-inline-color\">https:\/\/whatsapp.com\/channel\/0029Vb6J7JQ6GcG8uLrIR81x<\/mark><\/mark><\/a><\/p>\n<p>Bizi Telegram \u00dczerinden de takip edebilirsiniz. Telegram kanal\u0131 linki:\u00a0<a href=\"https:\/\/t.me\/rotaborsa_halkaarz\" target=\"_blank\" rel=\"noreferrer noopener\"><mark><mark style=\"background-color:#ffffff\" class=\"has-inline-color has-vivid-red-color\">https:\/\/t.me\/rotaborsa_halkaarz<\/mark><\/mark><\/a><\/p>\n<p><em><em><em><em><em><em><strong>Gedik Yat\u0131r\u0131m yasal uyar\u0131s\u0131:<\/strong> Burada yer alan bilgiler Gedik Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. taraf\u0131ndan genel bilgilendirme amac\u0131 ile haz\u0131rlanm\u0131\u015ft\u0131r. 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. Herhangi bir yat\u0131r\u0131m arac\u0131n\u0131n al\u0131m-sat\u0131m \u00f6nerisi ya da getiri vaadi olarak yorumlanmamal\u0131d\u0131r. Bu g\u00f6r\u00fc\u015fler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanarak yat\u0131r\u0131m karar\u0131 verilmesi beklentilerinize uygun sonu\u00e7lar do\u011furmayabilir. Burada yer alan fiyatlar, veriler ve bilgilerin tam ve do\u011fru oldu\u011fu garanti edilemez; i\u00e7erik, haber verilmeksizin de\u011fi\u015ftirilebilir. T\u00fcm veriler, Gedik Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. taraf\u0131ndan g\u00fcvenilir oldu\u011funa inan\u0131lan kaynaklardan al\u0131nm\u0131\u015ft\u0131r. Bu kaynaklar\u0131n kullan\u0131lmas\u0131 nedeni ile ortaya \u00e7\u0131kabilecek hatalardan Gedik Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e. sorumlu de\u011fildir.<\/em><\/em><\/em><\/em><\/em><\/em><br \/><em><strong>Rota Borsa yasal uyar\u0131s\u0131:<\/strong> 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":"<p>Aksa Enerji \u00dcretim A.\u015e. (AKSEN) 2025 y\u0131l\u0131 3. \u00e7eyrek finansal sonu\u00e7lar\u0131 kamuya a\u00e7\u0131kland\u0131. Bilan\u00e7o sonras\u0131 \u015eirketin finansal tablolar\u0131 i\u00e7in de\u011ferlendirme, Gedik Yat\u0131r\u0131m Menkul De\u011ferler A.\u015e.\u2019den geldi. Kurum de\u011ferlendirmesinde \u015fu ifadeleri kulland\u0131; Aksa Enerji \u00dcretim A.\u015e. hisse haberleri \u2013 AKSEN hisse yorumu Gedik Yat\u0131r\u0131m de\u011ferlendirmesi \u015fu \u015fekilde; \u201c\u015eirketin net sat\u0131\u015flar\u0131 3. \u00e7eyrekte ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":54099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-54098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilanco-haberleri"],"_links":{"self":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/54098","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=54098"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/54098\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/54099"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=54098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=54098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=54098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}