Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS) Enterprise Value: ₺9,698 Mil (As of Jul. 03, 2026) ***


IST:BULGS Bulls Girisim Sermayesi Yatirim Ortakligi AS IST:BULGS
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What is Bulls Girisim Sermayesi Yatirim Ortakligi AS Enterprise Value?

Bulls Girisim Sermayesi Yatirim Ortakligi AS IST:BULGS -1.08% 24 Enterprise Value is ₺9,698 Mil as of Jul. 03, 2026. GuruFocus rates IST:BULGS with a GF Score™ of 24/100. The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value is ₺9,698 Mil. Bulls Girisim Sermayesi Yatirim Ortakligi AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,801 Mil. Therefore, Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-EBIT ratio for today is 5.39.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value is ₺9,698 Mil. Bulls Girisim Sermayesi Yatirim Ortakligi AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,815 Mil. Therefore, Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-EBITDA ratio for today is 5.34.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value is ₺9,698 Mil. Bulls Girisim Sermayesi Yatirim Ortakligi AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₺2,187 Mil. Therefore, Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-Revenue ratio for today is 4.43.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value is ₺9,698 Mil. Bulls Girisim Sermayesi Yatirim Ortakligi AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,416 Mil. Therefore, Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-OCF ratio for today is 6.85.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value is ₺9,698 Mil. Bulls Girisim Sermayesi Yatirim Ortakligi AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,405 Mil. Therefore, Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-FCF ratio for today is 6.90.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Bulls Girisim Sermayesi Yatirim Ortakligi AS  (IST:BULGS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9698.391/1800.874
=5.39

Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Enterprise Value is ₺9,698 Mil.
Bulls Girisim Sermayesi Yatirim Ortakligi AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,801 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9698.391/1815.014
=5.34

Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Enterprise Value is ₺9,698 Mil.
Bulls Girisim Sermayesi Yatirim Ortakligi AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,815 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9698.391/2187.083
=4.43

Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Enterprise Value is ₺9,698 Mil.
Bulls Girisim Sermayesi Yatirim Ortakligi AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺2,187 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9698.391/1415.53
=6.85

Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Enterprise Value is ₺9,698 Mil.
Bulls Girisim Sermayesi Yatirim Ortakligi AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,416 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Bulls Girisim Sermayesi Yatirim Ortakligi AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=9698.391/1404.814
=6.90

Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Enterprise Value is ₺9,698 Mil.
Bulls Girisim Sermayesi Yatirim Ortakligi AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,405 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bulls Girisim Sermayesi Yatirim Ortakligi AS Enterprise Value Related Terms


Bulls Girisim Sermayesi Yatirim Ortakligi AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bulls Girisim Sermayesi Yatirim Ortakligi AS Enterprise Value Chart

Bulls Girisim Sermayesi Yatirim Ortakligi AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
0.00 0.00 0.00 0.00 10,554.44

Bulls Girisim Sermayesi Yatirim Ortakligi AS Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,553.86 6,127.86 7,708.19 10,554.44 11,033.03

IST:BULGS vs MS, GS, SCHW: Enterprise Value Comparison

For the Capital Markets subindustry, Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bulls Girisim Sermayesi Yatirim Ortakligi AS Enterprise Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value falls into.


IST:BULGS
24GF Score
Bulls Girisim Sermayesi Yatirim Ortakligi AS IST:BULGS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Bulls Girisim Sermayesi Yatirim Ortakligi AS Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₺9,698 Mil mean?
Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS) has a Enterprise Value of ₺9,698 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Bulls Girisim Sermayesi Yatirim Ortakligi AS and its competitors.
Is Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value too high?
Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Enterprise Value is ₺9,698 Mil. Overall, Bulls Girisim Sermayesi Yatirim Ortakligi AS has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value compare to MS and GS?
Bulls Girisim Sermayesi Yatirim Ortakligi AS's Enterprise Value of ₺9,698 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Capital Markets company?
A good Enterprise Value depends on the Capital Markets industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Bulls Girisim Sermayesi Yatirim Ortakligi AS and its competitors. Bulls Girisim Sermayesi Yatirim Ortakligi AS's current Enterprise Value is ₺9,698 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulls Girisim Sermayesi Yatirim Ortakligi AS stock overvalued right now?
Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS) has a current Enterprise Value of ₺9,698 Mil. The current Enterprise Value is ₺9,698 Mil. Bulls Girisim Sermayesi Yatirim Ortakligi AS's overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Bulls Girisim Sermayesi Yatirim Ortakligi AS (IST:BULGS), the current Enterprise Value is ₺9,698 Mil as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bulls Girisim Sermayesi Yatirim Ortakligi AS Business Description

Address Bambu Street No. 5, Besiktas, Levent District, Istanbul, TUR
Bulls Girisim Sermayesi Yatirim Ortakligi AS provides financial, managerial, and structuring support to growth-stage and medium-sized companies, and ensures that the initiative values will contribute to the Turkish economy with professional capital. The company closely follows opportunities to invest in different sectors with high growth potential, with its corporate knowledge and experience.
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