Revenue distribution by sectors:

• Automotive production: 70%
• Spare parts and accessories: 20%
• Services and others: 10%

TOP 3 markets:

• Turkey: 50%
• Italy: 20%
• France: 15%

Tofas Türk Otomobil Fabrikasi Anonim Sirketi generates the majority of its revenue from automotive production, with Turkey being the most important market. In addition to the domestic market, Italy and France are significant sales markets, indicating the brand's strong presence in Europe. Diversification into spare parts and services also contributes to revenue and supports the company's stability in a competitive market.

Main production site: Bursa, Turkey

Tofas Türk Otomobil Fabrikasi A.S. operates its main production facility in Bursa, Turkey. This facility is one of the largest automotive factories in the country and plays a central role in the production of vehicles for the local market as well as for export. The strategic location in Bursa enables Tofas to efficiently serve both the European and Middle Eastern markets.

Revenue growth (estimated): 10-12% annually (2026 forecast)
Investments in electromobility: 500 million USD (2025-2026)
Planned production capacity expansion: 20% by 2027

Tofas Türk Otomobil Fabrikasi A.S. is pursuing a growth strategy that is strongly focused on electrification and expanding production capacities. The company plans to make significant investments in the development of electric vehicles in the coming years to meet the growing market demands and strengthen its competitiveness.

In addition to electromobility, Tofas is investing in the modernization and expansion of its production facilities. This is intended to increase production capacity by 20% by 2027 and enhance efficiency to meet the increasing demand.

Another strategic focus is on tapping into new markets, particularly in Europe and Asia, to expand international presence. This is supported by partnerships and joint ventures that the company has increasingly entered into in recent years.

Main Imported Raw Materials/Components: Steel, Aluminum, Plastic Components, Electronic Components

Countries of Origin:

• Steel: Germany, Italy
• Aluminum: China, Russia
• Plastic Components: Poland, Czech Republic
• Electronic Components: Japan, South Korea

Tofas Türk Otomobil Fabrikasi A.S. imports a variety of raw materials and components essential for automobile production. Steel and aluminum are the main metals needed for the body and other vehicle parts. These are mainly sourced from European countries such as Germany and Italy, as well as from China and Russia.

Plastic components used for interior design and other vehicle parts often come from Eastern European countries like Poland and the Czech Republic. Electronic components required for the increasingly complex electronic systems in vehicles are mainly imported from Asian countries such as Japan and South Korea.

This import strategy enables Tofas to source high-quality materials at competitive prices, which is crucial for maintaining their production standards and cost structures.

Market Share Turkey: approximately 18% (2025)
Export Share: 60% of production (2025)
R&D Investments: 5% of revenue (2025)

Tofas Türk Otomobil Fabrikasi Anonim Sirketi has a significant competitive advantage in the Turkish automotive market, reflected in a market share of about 18%. This demonstrates the strong market presence and popularity of the brand in the region.

Another advantage is the high export share of 60% of production, highlighting the company's international competitiveness and revenue source diversification. This helps to spread risks and benefit from global market opportunities.

Additionally, Tofas invests approximately 5% of its revenue in research and development. These investments in innovation and technology development strengthen the company's position by modernizing its product range and increasing efficiency. This is crucial for long-term success in the competitive automotive sector.

Institutional Investor Share: 45% (estimated for 2026)

Insider Buys/Sells: No significant transactions reported in 2026

The institutional investor share in Tofas Türk Otomobil Fabrikasi Anonim Sirketi is estimated to be around 45%. This demonstrates the confidence of institutional investors in the company's long-term stability and growth potential.

No significant insider buys or sells were reported in 2026, indicating a stable trust by management in the current company strategy and performance. However, such transactions could occur in the future, depending on market conditions and company developments.

Market share of Tofas Türk Otomobil Fabrikasi: 8% (2026, estimated)

Main competitors and their market shares:

1. Ford Otosan: 20%
2. Oyak Renault: 18%
3. Toyota Türkiye: 15%
4. Hyundai Assan: 12%
5. Mercedes-Benz Türk: 10%
6. Tofas Türk Otomobil Fabrikasi: 8%
7. Honda Türkiye: 7%
8. Volkswagen Türkiye: 6%

Moat of Tofas Türk Otomobil Fabrikasi:

Tofas Türk Otomobil Fabrikasi has a moderate moat, mainly supported by its strong brand recognition in Turkey and its long-standing partnership with Fiat. This partnership provides access to technology and innovations crucial for competitiveness.

In comparison to its competitors, Ford Otosan has a stronger moat supported by a wide product range and a strong focus on exports. Oyak Renault benefits from its close integration into the global Renault network, providing access to advanced technology and a broad distribution network.

Toyota Türkiye and Hyundai Assan also have significant advantages due to their global brand strengths and efficient production processes, helping them reduce costs and improve product quality.

Overall, Tofas Türk Otomobil Fabrikasi has a solid but not outstanding moat compared to its main competitors. To enhance its competitive position, the company could invest in innovations and efficiency improvements.

Revenue Growth: 8.5% (2025) Profit Growth: 7.2% (2025) Market Share in Turkey: 18% (2025)

Tofas Türk Otomobil Fabrikasi Anonim Sirketi recorded a solid revenue growth of 8.5% in 2025. This is an indicator of strong demand for their vehicles and an effective market strategy. The profit growth of 7.2% shows that the company is able to manage its costs efficiently while remaining profitable.

The 18% market share in Turkey highlights Tofas's strong position in the domestic market. This provides a stable foundation for future growth, especially in a market characterized by increasing demand for automobiles.

Additionally, in recent years, Tofas has invested in research and development to develop new models and technologies, indicating a forward-looking corporate strategy. These investments could lead to a stronger competitive position in the long term.

Overall, these factors suggest that Tofas Türk Otomobil Fabrikasi Anonim Sirketi could be a promising investment, especially for investors interested in a long-term growth strategy.

Dividend yield: 5.2% (2025)
Dividend growth: 4.5% (2025 compared to 2024)

Tofas Türk Otomobil Fabrikasi Anonim Sirketi has regularly distributed dividends in recent years. The dividend yield of 5.2% in 2025 indicates that the company offers its shareholders an attractive return.

The dividend growth of 4.5% in 2025 compared to 2024 suggests that the company is continuously increasing its payouts. This indicates a reliable dividend policy and the company's ability to generate stable earnings.

The financial stability of the company and the positive development of the automotive industry in the region support the sustainability of dividend payments.