Alarko reports TRY 4.20 billion net income. Target for Alarko stock is TRY 167.63
Published on 10/19/2026 at 03:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSecond quarter earnings and valuation
- Alarko reported TRY 4.20 billion net income for the second quarter of 2026 on August 19, 2026.
- Second-quarter revenue reached TRY 3.36 billion, up from TRY 2.22 billion in the previous quarter.
- Investing.com listed a TRY 167.63 average 12-month target based on four analysts.
Alarko reported TRY 4.20 billion net income and TRY 3.36 billion revenue for the second quarter of 2026, while Investing.com listed a TRY 167.63 average 12-month target for Alarko stock. The results were dated August 19, 2026, giving investors two concrete reference points: a sharp quarterly earnings increase and a valuation target above the latest Borsa Istanbul level.
Profit improved sharply in Q2
Alarko's second-quarter revenue rose from TRY 2.22 billion in the previous quarter to TRY 3.36 billion, according to Investing.com. That is a 51.57 percent quarterly increase. Net income advanced from TRY 163.80 million to TRY 4.20 billion over the same comparison.
The operating picture was more mixed. Standardized financial data for the second quarter showed an operating loss of TRY 789.47 million and EBITDA of negative TRY 346.79 million, while non-operating income helped lift income before tax to TRY 4.37 billion. The distinction matters because the net-income figure was much stronger than the operating result.
What does the target imply?
Investing.com listed four analyst estimates with an average 12-month target of TRY 167.63, a low target of TRY 141.82 and a high target of TRY 197.01. The target range shows that the earnings improvement is being assessed against materially different valuation assumptions.
The latest six-month figures provide a broader balance-sheet frame. FVT reported TRY 5.60 billion in net sales, TRY 4.40 billion in net income and negative TRY 628.30 million in EBITDA for the first half of 2026. The same report put equity at TRY 91.50 billion and total assets at TRY 167.50 billion.
Valuation remains the market question
Alarko operates across energy, contracting, agriculture, real estate and other businesses through its holding structure. The combination of TRY 4.20 billion quarterly net income and negative operating profit makes the quality and repeatability of earnings the central analytical issue, while the TRY 167.63 target provides a visible benchmark for valuation discussions.
Company: Alarko Holding A.S.
ISIN: TRAALARK91Q0
Ticker: ALARK
Primary exchange: Borsa Istanbul
Market capitalization: TRY 44.6 billion (as of October 16, 2026)
52-week range: TRY 75.30-119.90 (as of October 16, 2026)
Sector / Industry: Holding companies / diversified holding
Market context: Market report BIST 100.
