ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Analysis (March 2026)

ASELSAN Elektronik S...

IBSE:ASELS

₺ 330,75

₺-7,25 (-2,14%)

330,75 ₺

₺-7,25 (-2,14%)

End-of-day quote: 03/27/2026

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Stock Value

Analysts currently rate IBSE:ASELS as Outperform.

Outperform

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Company Info

EPS Growth 5Y

35,71%

Market Cap

₺1.508,22 B

Long-Term Debt

₺9,73 B

Annual earnings

N/A

Dividend

₺0,23

Dividend Yield

0,07%

Founded

1975

Industry

Industrials

Country

Turkey

Website

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi

ISIN Number

TRAASELS91H2

Website

http://www.aselsan.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

₺350,00

5.82%

Last Update: 03/28/2026

Analysts: 11

Highest Price Target ₺402,00

Average Price Target ₺350,00

Lowest Price Target ₺249,50

In the last five quarters, ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi’s Price Target has risen from ₺37,43 to ₺178,97 - a 378,15% increase. Four analysts predict that ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi’s share price will increase in the coming year, reaching ₺350,00. This would represent an increase of 5,82%.

Top growth stocks in the industrials sector (5Y.)

What does ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi do?

Aselsan Elektronik Sanayi ve Ticaret Anonim ?irketi, established in 1975, is a prominent technology company in Turkey, pioneering in both defense technologies and civilian fields. This firm is committed to delivering high-value technological solutions and products that cater not just to national interests but also to global demands. With a substantial workforce exceeding 9,000 the company leads the charge toward Turkey's technological independence, aiming to reduce dependence on foreign technol...

Aselsan Elektronik Sanayi ve Ticaret Anonim ?irketi, established in 1975, is a prominent technology company in Turkey, pioneering in both defense technologies and civilian fields.

This firm is committed to delivering high-value technological solutions and products that cater not just to national interests but also to global demands. With a substantial workforce exceeding 9,000 the company leads the charge toward Turkey's technological independence, aiming to reduce dependence on foreign technology and contribute to the nation's economy through innovation and exports. The company's ethos revolves around its strong values and mission to create technologically advanced outcomes in critical sectors, including energy, healthcare, finance, and automation.

Business Segments

The company operates across a diverse range of business sectors, emphasizing advanced solutions in defense and technology. The major segments include Communication and Information Technologies, Defense Systems Technologies, Microelectronics, Guidance and Electro-Optics, and Radar and Electronic Warfare Systems. Each area contributes significantly to the company's overarching goal of bolstering Turkey's strategic capabilities.

In Communication and Information Technologies, the company is focused on developing secure communication systems that serve the Turkish Armed Forces and other governmental institutions. This sector emphasizes the integration of advanced software and hardware technologies essential for effective national security operations.

The Defense Systems Technologies sector is the backbone of the company's operations, where it designs and manufactures modern defense systems that meet the highest standards in technology and reliability. The company's innovations range from weapon systems to multi-layered defense solutions that envelop land, air, and sea operations, thus supporting Turkey's military and security strategies.

In Microelectronics, Guidance, and Electro-Optics, the company develops critical technologies for precision and control in various systems. This includes guidance technologies for munitions, including smart munitions and other advanced target acquisition capabilities.

Radar and Electronic Warfare Systems represent a significant area where the company's technological prowess is evident. The company provides cutting-edge radar systems for surveillance and reconnaissance, fully integrating with solutions that ensure airspace security and defense operations.

The Transportation, Security, Energy, Automation, and Healthcare Systems sector showcases the company's versatility, integrating advanced technological systems to enhance efficiency and security across various civilian applications, reinforcing its role as a key technological partner in Turkey's development.

Business Strategy

The company's business strategy revolves around maintaining a leadership position in technological innovations relevant to national and international markets while honoring its commitment to sustainable growth. At the heart of the company's strategy is a continuous investment in research and development, creating a trajectory for innovative solutions that address dynamic market needs.

This strategy is delineated through its focus on creating high-value products that cater to both the Turkish Armed Forces and foreign customers. The company aligns its strategic goals with broader national interests, particularly in enhancing Turkey's technological capabilities, which involves comprehensive planning, implementation, and assessment processes to ensure that objectives are met effectively.

The company prioritizes forming partnerships with local and global entities, encouraging collaboration in various projects that bolster technological advancements and share insights to develop cutting-edge solutions. The emphasis on technological independence is further reinforced by nationalization targets, contributing to domestic production and minimizing reliance on international suppliers.

Moreover, the company's strategy also highlights the importance of sustainability and environmental consciousness. By integrating eco-friendly practices within its production processes, the company aims to lead by example in reducing the environmental impact of technological advancements, thus aligning its mission with global sustainability goals.

The company is also actively involved in promoting innovation through employee empowerment, fostering a culture that encourages creativity and entrepreneurship, vital for staying competitive in a rapidly evolving technological landscape. Continuous upskilling and talent development initiatives are integral to the company's strategic framework, ensuring that the company's workforce emerges as a reliable power in advancing the local and global technology markets.

Products and Services

The company provides a wide spectrum of products and services tailored to meet the diverse needs of both local and international customers. The company's offerings include, but are not limited to, electronic systems for defense, communication systems, secure information technologies, and various auditory and visual electronic devices.

In defense, the company specializes in designing and manufacturing sophisticated weapon systems, including missile systems, artillery systems, and unmanned aerial vehicles (UAVs). Solutions offered for ground, naval, and aerial defense underscore the firm's commitment to national security and multi-domain operations.

Communication systems manufactured by the company facilitate secure communications for military, governmental, and civilian needs, ensuring seamless data transfer and operational efficiency. Additionally, the integrated communication networks enable effective coordination among military and humanitarian efforts in times of crisis.

Healthcare and automation systems represent another crucial segment of the company's products, where advanced technologies improve operational efficiencies in healthcare services and logistics. The emphasis on automation enhances productivity across multiple sectors, streamlining operations while ensuring adherence to quality standards.

The company's vast portfolio is also marked by innovative R&D efforts that lead to the development of software solutions tailored for specialized applications, further enhancing the practical utilization of technology across various industries.

Geographical Markets Served

The company has established a robust presence in both domestic and international markets. While primarily focused on the Turkish market, the company has expanded its operations across various continents, including Europe, Asia, Africa, and the Americas. The company's international presence has been fortified through strategic partnerships and collaborations with global firms, enhancing its ability to deliver products and services worldwide.

Seasonality

The company's business is primarily driven by defense contracts and projects, which tend to follow specific governmental and military procurement cycles. This implies that the company's operational and financial performance may exhibit seasonality based on governmental budgets and procurement timelines, often dictated by national defense policies and funding allocations.

The nature of defense contracts generally means that substantial orders may be clustered around particular times of the year, depending on the priorities set by the Turkish government. This seasonal pattern can lead to variability in revenue recognition and project completions, which necessitates proactive management by the company to ensure resources, capacity, and potential market fluctuations are effectively addressed.

Moreover, significant international projects may also introduce seasonal considerations, as negotiations, approvals, and funding can contribute to fluctuations in operational needs and deliverables. Thus, the company must maintain a flexible operational model, adept at scaling activities to meet the tempo of project requirements while ensuring sustained quality and productivity.

Customers Names, Categories

The company serves a diverse client base, primarily comprising governmental agencies, military institutions, and other public sector entities within Turkey and internationally. The Turkish Armed Forces represents the most substantial customer segment, requiring advanced technology solutions to support the nation's defense imperatives.

Beyond its domestic market, the company's customer portfolio has expanded to include various governmental organizations in allied and friendly nations, where the company addresses specific technological requirements related to national security and defense infrastructure.

Modes of Sales and Marketing, Distribution Channels

The company employs a multipronged approach to sales and marketing, ensuring an impactful presence in both domestic and international markets. The company's marketing strategies involve direct engagement with government bodies, military institutions, and defense agencies, facilitating tailored proposals for technological solutions that align with customer needs.

To enhance market penetration, the company engages in extensive networking at defense and technology exhibitions, showcasing its products and innovations to prospective clients and stakeholders. This marketing approach fosters relationships and establishes the company's authority within the sector.

Additionally, the company leverages digital marketing and communication platforms to disseminate information about its products and services, reaching a broader audience rapidly. This multi-channel distribution strategy ensures that the firm remains responsive to market trends and customer demands.

History

Aselsan Elektronik Sanayi ve Ticaret Anonim ?irketi, was founded in 1975. The company was incorporated in 1975.

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Defense: approx. 70% - Aviation: approx. 15% - Civil Electronics: approx. 10% - Other: approx. 5% **TOP 3 markets and their percentage shares:** - Turkey: approx. 60% - Middle East: approx. 20% - Europe: approx. 10% ASELSAN generates the majority of its reven...

At which locations are the company’s products manufactured?

**ASELSAN Production Sites:** 1. **Ankara, Turkey** - Main production facility 2. **Gölbaşı, Turkey** - Specialized production plants 3. **Macunköy, Turkey** - Additional production capacities ASELSAN, as a leading Turkish company in the defense and electronics industry, mainly produces its product...

What strategy does ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi pursue for future growth?

**Revenue growth:** 10.5% (2024) **Research and development investments:** 1.2 billion USD (2024) ASELSAN pursues a strategy that strongly focuses on innovation and technological development. The company invests significantly in research and development to expand its product range and integrate new...

Which raw materials are imported and from which countries?

**Commodities and Materials:** Electronic components, metals, semiconductors **Main importing countries:** China, Germany, USA ASELSAN, as a leading Turkish company in the defense and electronics industry, imports a variety of commodities and materials necessary for the production of their product...

How strong is the company’s competitive advantage?

**Market share in the defense sector:** 10% (2024, estimate) **R&D expenses:** 7% of revenue (2024) ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi is one of the leading companies in the Turkish defense sector. The company's competitive advantage is based on several factors, including...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 45% (estimated, 2025) **Insider Buys/Sells:** No significant transactions in the last year (estimated, 2025) The institutional investor share in ASELSAN is estimated to be around 45%. This demonstrates the confidence of major investors in the company and its mark...

What percentage market share does ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi have?

**Market share of ASELSAN:** Estimated 10% (2025) **Top competitors and their market shares:** 1. **Lockheed Martin** - 15% 2. **Raytheon Technologies** - 12% 3. **Northrop Grumman** - 11% 4. **BAE Systems** - 9% 5. **Thales Group** - 8% 6. **General Dynamics** - 7% 7. **Leonardo S.p.A.** - 6% 8. *...

Is ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi stock currently a good investment?

**Revenue Growth:** 18% (2024) **Profit Growth:** 20% (2024) **Order Backlog:** $10 billion USD (2024) ASELSAN, a leading company in the defense and electronics industry, achieved strong revenue growth of 18% in 2024. This is attributed to increased demand for defense technologies and interna...

Does ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.1% (estimated for 2025) ASELSAN has distributed dividends to its shareholders in recent years. The company's dividend policy shows a moderate but steady payout, indicating a certain level of reliability. The dividend yield of 2.1% in 2025 suggests that ASELSAN aims to pr...

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ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Stock Value

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi do?

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Stock Value

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi do?

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.