IST •
Industrials •
Farm & Heavy Construction Machinery •
Quote as of 09/08/2026 18:09
Company Profile
IndustryFarm & Heavy Construction Machinery
SectorIndustrials
ExchangeIST
Market Capitalization11,412 mln
Float308 mln
EPS
0.36
Overpriced
P / E
39.31
Overvalued
Piotroski F-Score
8
/ 9
Very strong
Beneish M-Score
-2.7
Likely reliable
Relative Strength
100
/ 100
Top performer
Debt / Equity
1.15
Elevated leverage
Business Description
Karsan is a Turkish vehicle manufacturer founded in 1966 and based in Bursa, operating under the Kiraça Holding group. The company builds and sells a wide range of vehicles ? from minibuses and passenger cars to electric, hydrogen, and diesel buses ? both within Turkey and in global markets. Alongside its own JEST, ATAK, and STAR branded products, Karsan also handles after-sales support, financial leasing, and the distribution of spare parts.