{"id":36,"date":"2026-06-12T18:47:13","date_gmt":"2026-06-12T15:47:13","guid":{"rendered":"https:\/\/tabildot.com.tr\/tv\/?p=36"},"modified":"2026-06-12T20:19:36","modified_gmt":"2026-06-12T17:19:36","slug":"%f0%9f%94%b5-trmet-2026-03-faaliyet-raporu-analizi-tr-anadolu-metal-madencilik-isletmeleri-a-s-24-milyar","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/tv\/arsivler\/36","title":{"rendered":"\ud83d\udd35 TRMET 2026-03 Faaliyet Raporu Analizi | TR Anadolu Metal Madencilik \u0130\u015fletmeleri A.\u015e. (24 Milyar&#8230;"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd35 TRMET 2026-03 Faaliyet Raporu Analizi | TR Anadolu Metal Madencilik \u0130\u015fletmeleri A.\u015e. (24 Milyar...\" width=\"858\" height=\"644\" src=\"https:\/\/www.youtube.com\/embed\/92BncMPR2JI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>10 Haziran 2026 tarihi itibar\u0131yla 108,00 TL olan hisse fiyat\u0131n\u0131 ve 31 Mart 2026 tarihli konsolide finansal verileri kullanarak talep etti\u011finiz hesaplamalar ve analizler a\u015fa\u011f\u0131dad\u0131r:Piyasa ve De\u011ferleme Oranlar\u0131 \u2022 Piyasa De\u011feri: \u015eirketin \u00f6denmi\u015f sermayesi 388.080.000 TL&#8217;dir. Borsa \u0130stanbul&#8217;da 1 lot (1 TL nominal de\u011ferli pay) fiyat\u0131n\u0131n 108,00 TL oldu\u011fu varsay\u0131m\u0131yla, piyasa de\u011feri 41.912.640.000 TL olarak hesaplanmaktad\u0131r. \u2022 Net D\u00f6nem Kar\u0131: 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde konsolide net d\u00f6nem kar\u0131 1.392.015.000 TL olarak ger\u00e7ekle\u015fmi\u015ftir. \u2022 Y\u0131ll\u0131k Net Kar De\u011fi\u015fimi: 2025 y\u0131l\u0131n\u0131n ayn\u0131 d\u00f6neminde 631.640.000 TL olan net kar, %120,4 oran\u0131nda artarak 1,392 milyar TL&#8217;ye y\u00fckselmi\u015ftir. Bu g\u00fc\u00e7l\u00fc art\u0131\u015f, \u015firketin karl\u0131l\u0131k kapasitesindeki ivmeyi g\u00f6stermektedir. \u2022 Defter De\u011feri: Toplam \u00f6zkaynaklar\u0131n (52.144.414.000 TL), \u00f6denmi\u015f sermayeye oranlanmas\u0131yla hisse ba\u015f\u0131na defter de\u011feri 134,37 TL olarak bulunmaktad\u0131r. \u2022 F\/K (Fiyat\/Kazan\u00e7) Oran\u0131: \u0130lk \u00e7eyrek kar\u0131n\u0131n y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f hali (yakla\u015f\u0131k 5,57 milyar TL) \u00fczerinden hesapland\u0131\u011f\u0131nda F\/K oran\u0131 7,53 seviyesindedir. Bu oran, \u015firketin elde etti\u011fi kara g\u00f6re piyasa taraf\u0131ndan makul bir \u00e7arpanla fiyatland\u0131\u011f\u0131n\u0131 g\u00f6stermektedir. \u2022 PD\/DD (Piyasa De\u011feri \/ Defter De\u011feri): 108,00 TL fiyat ve 134,37 TL defter de\u011feri ile PD\/DD oran\u0131 0,80&#8217;dir. \u015eirketin borsada defter de\u011ferinin alt\u0131nda (iskontolu) i\u015flem g\u00f6rd\u00fc\u011f\u00fc s\u00f6ylenebilir. \u2022 Firma De\u011feri: Piyasa de\u011ferine net borcun eklenmesiyle hesaplan\u0131r. Net bor\u00e7 negatif (net nakit) oldu\u011fu i\u00e7in firma de\u011feri piyasa de\u011ferinden daha d\u00fc\u015f\u00fckt\u00fcr: 41.912,6M + (-24.014,5M) = 17.898.140.000 TL. \u2022 \u015eirketin Net Borcu: 31 Mart 2026 itibar\u0131yla \u015firketin nakit pozisyonu (nakit ve finansal yat\u0131r\u0131mlar) 24.139.100.000 TL&#8217;dir. Toplam finansal bor\u00e7lar\u0131 ise sadece 124.641.000 TL civar\u0131ndad\u0131r. Bu durumda \u015firket yakla\u015f\u0131k 24 milyar TL net nakit pozisyonundad\u0131r. \u015eirketin bor\u00e7 y\u00fck\u00fc bulunmamakta, aksine \u00e7ok g\u00fc\u00e7l\u00fc bir nakit rezervine sahiptir. \u2022 Finansman Yap\u0131s\u0131: Toplam 62,9 milyar TL&#8217;lik varl\u0131klar\u0131n %82,8&#8217;i \u00f6zkaynaklar (ana sermaye) ile, kalan %17,2&#8217;si ise yabanc\u0131 kaynaklar (bor\u00e7lar) ile finanse edilmektedir. Finansal kald\u0131ra\u00e7 oran\u0131n\u0131n 0,2 olmas\u0131, \u015firketin olduk\u00e7a muhafazakar ve g\u00fcvenli bir sermaye yap\u0131s\u0131na sahip oldu\u011funu kan\u0131tlamaktad\u0131r. \u2022 Finansal Bor\u00e7lardaki De\u011fi\u015fim: 2025 sonundaki 128,5 milyon TL seviyesindeki toplam finansal bor\u00e7lar, %3,03&#8217;l\u00fck hafif bir azal\u0131\u015fla 124,6 milyon TL&#8217;ye gerilemi\u015ftir. \u2022 \u00d6zkaynaklardaki De\u011fi\u015fim: 2025 y\u0131l sonu itibar\u0131yla 50,75 milyar TL olan toplam \u00f6zkaynaklar, ilk \u00fc\u00e7 ayda %2,74 artarak 52,14 milyar TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. \u2022 Sat\u0131\u015flar ve Br\u00fct Kardaki De\u011fi\u015fim: \u2022 Esas Faaliyet Kar\u0131 ve Net Kar De\u011fi\u015fimi: \u2022 \u00d6zkaynak Karl\u0131l\u0131\u011f\u0131ndaki De\u011fi\u015fim: Net kar\u0131n \u00f6zkaynaklara oran\u0131 (\u00e7eyreklik bazda) 0,01&#8217;den 0,03&#8217;e y\u00fckselmi\u015ftir. Bu, \u00f6zkaynak karl\u0131l\u0131\u011f\u0131n\u0131n bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %200 artt\u0131\u011f\u0131 anlam\u0131na gelir. \u2022 Likidite Oranlar\u0131: Cari oran 6,7&#8217;den 3,1&#8217;e gerilese de halen 1,0 olan kritik e\u015fi\u011fin \u00e7ok \u00fczerindedir ve m\u00fckemmel bir likidite durumuna i\u015faret eder. Nakit oran ise 1,1&#8217;den 1,2&#8217;ye y\u00fckselmi\u015ftir. \u2022 Marj Analizi: Faaliyet kar\u0131 \/ net sat\u0131\u015flar oran\u0131 %9&#8217;dan %42&#8217;ye y\u00fckselerek operasyonel verimlili\u011fin \u00e7ok keskin bir \u015fekilde artt\u0131\u011f\u0131n\u0131 g\u00f6stermektedir. Bor\u00e7luluk ve Finansal Yap\u0131Operasyonel Performans ve De\u011fi\u015fimlerDi\u011fer \u00d6nemli Oranlar ve Tart\u0131\u015fmaGenel De\u011ferlendirme: \u015eirket 2026 y\u0131l\u0131na operasyonel a\u00e7\u0131dan \u00e7ok g\u00fc\u00e7l\u00fc bir ba\u015flang\u0131\u00e7 yapm\u0131\u015ft\u0131r. Sat\u0131\u015flar\u0131ndaki art\u0131\u015f\u0131n \u00e7ok \u00fczerinde bir faaliyet kar\u0131 b\u00fcy\u00fcmesi yakalamas\u0131, operasyonel kald\u0131rac\u0131n ve verimlili\u011fin y\u00fcksek oldu\u011funu g\u00f6stermektedir. 24 milyar TL&#8217;yi a\u015fan net nakit pozisyonu, \u015firkete yeni yat\u0131r\u0131mlar ve olas\u0131 krizler i\u00e7in devasa bir g\u00fcvenlik marj\u0131 sa\u011flamaktad\u0131r. Hisse fiyat\u0131n\u0131n defter de\u011ferinin alt\u0131nda olmas\u0131 (0,80 PD\/DD), bu finansal performans ve nakit g\u00fcc\u00fc kar\u015f\u0131s\u0131nda dikkat \u00e7ekici bir piyasa verisidir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>10 Haziran 2026 tarihi itibar\u0131yla 108,00 TL olan hisse fiyat\u0131n\u0131 ve 31 Mart 2026 tarihli konsolide finansal verileri kullanarak talep etti\u011finiz hesaplamalar ve analizler a\u015fa\u011f\u0131dad\u0131r:Piyasa ve De\u011ferleme Oranlar\u0131 \u2022 Piyasa De\u011feri: \u015eirketin \u00f6denmi\u015f sermayesi 388.080.000 TL&#8217;dir. Borsa \u0130stanbul&#8217;da 1 lot&#8230; <\/p>\n","protected":false},"author":2,"featured_media":37,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[21],"class_list":["post-36","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-risk","tag-trmet"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/posts\/36","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/comments?post=36"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/posts\/36\/revisions"}],"predecessor-version":[{"id":38,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/posts\/36\/revisions\/38"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/media\/37"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/media?parent=36"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/categories?post=36"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/tv\/wp-json\/wp\/v2\/tags?post=36"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}