Aselsan (ASELS) Financial Ratio Screen

IST Industrials Turkey TRY 1508220M
FINANCIAL SCREEN PASSED*
Automated financial screen · activity assessed separately
Aselsan (ASELS) passes all available checks in 2 implemented financial-ratio model(s). Its activity assessment is still in progress; this is not a Shariah verdict. Its debt proxy is 10.0% against the model threshold of 30%. The supplied classification is Industrials (Aerospace & Defense); mixed activities and revenue segments remain part of the activity assessment.

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MSCI new-inclusion financial-ratio snapshot

ASELS financial screening at a glance

FINANCIAL SCREEN PASSED*Financial ratios shown separately from business review — not a fatwa
Debt ratio
10.0%
Pass vs 30%
Cash ratio
6.7%
Pass vs 30%
Receivables + cash
15.7%
Pass vs 30%
Impermissible income
2.9%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria passedActivity is assessed separately
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Aerospace & Defense) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi engages in research, development, engineering, production, testing, assembly, integration, sale, support, consultancy, and trading of software, equipment, systems, tools, materials, and platforms in turkey. It operates in six divisions: Communication and Information Technologies; Microelectronics, Guidance & Electro-Optics; Avionics and Guidance Systems Vice Presidency; Integrated Defence Systems Technologies; Radar and Electronic Warfare Systems; and Transportation, Security, Energy, Automation and Healthcare Systems. The company offers military communication and information, mission critical communication, avionics and navigation, electro-optic, guidance and seeker, land and weapon, naval and underwater, air and missile, transportation and energy, and security and health systems; satellite and space technologies; radar technologies; electronic warfare system technologies; and command, control, communication and computer systems. It also provides geographic information system; business development and repair services; and consultancy services, as well as operates in the fields of augmented reality, artificial intelligence, simulation software, research, development, and design and engineering. In addition, the company is involved in serial production, maintenance and repair activities of visible precision optical and electro optical devices; designing of electronic industry and integrated circuit; marketing and business development business; research, designing, development, and engineering activities of weapons and weapons systems; after-sales services of electronic components within the field of military power electronics; and commercial and industrial activities related to electromechanical industrial products and slip ring. The company was incorporated in 1975 and is headquartered in Ankara, Turkey. ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi is a subsidiary of Turkish Armed Forces Foundation.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 10.0%
/ 30%
6.7%
/ 30%
15.7%
/ 30%
2.91%
/ 5%
FINANCIAL SCREEN PASSED*
FTSE 10.0%
/ 33%
6.7%
/ 33%
15.7%
/ 50%
2.91%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

P/E Ratio
50.3
Forward: 16.7
EPS
$6.58
Dividend Yield
7.0%
Payout: 3.6%
P/B Ratio
6.0
EV/EBITDA
32.5
EV: $1.5T
Revenue
$180.4B
Growth: 17.2%
Beta
0.9
Average volatility
Current Ratio
1.4

Profitability

Gross Margin 31.8%
Operating Margin 23.9%
Net Margin 16.6%
Return on Equity (ROE) 13.7%
Return on Assets (ROA) 6.9%

Cash Flow & Balance Sheet

Operating Cash Flow$48.9B
Free Cash Flow$10.7B
Total Debt$43.1B
Debt-to-Equity17.1
Current Ratio1.4
Total Assets$431.6B

Price & Trading

Last CloseTRY 338.00
50-Day MATRY 316.90
200-Day MATRY 224.00
Avg Volume44.7M
Beta0.9
52-Week Range
TRY 113.50
TRY 359.00

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Aselsan (ASELS)

CEO
Mr. Ahmet Akyol
Employees
14,143
Sector
Industrials
Industry
Aerospace & Defense
Country
Turkey
Exchange
IST
Market Cap (listing currency)
TRY 1508220M
Currency
TRY

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi engages in research, development, engineering, production, testing, assembly, integration, sale, support, consultancy, and trading of software, equipment, systems, tools, materials, and platforms in turkey. It operates in six divisions: Communication and Information Technologies; Microelectronics, Guidance & Electro-Optics; Avionics and Guidance Systems Vice Presidency; Integrated Defence Systems Technologies; Radar and Electronic Warfare Systems; and Transportation, Security, Energy, Automation and Healthcare Systems. The company offers military communication and information, mission critical communication, avionics and navigation, electro-optic, guidance and seeker, land and weapon, naval and underwater, air and missile, transportation and energy, and security and health systems; satellite and space technologies; radar technologies; electronic warfare system technologies; and command, control, communication and computer systems. It also provides geographic information system; business development and repair services; and consultancy services, as well as operates in the fields of augmented reality, artificial intelligence, simulation software, research, development, and design and engineering. In addition, the company is involved in serial production, maintenance and repair activities of visible precision optical and electro optical devices; designing of electronic industry and integrated circuit; marketing and business development business; research, designing, development, and engineering activities of weapons and weapons systems; after-sales services of electronic components within the field of military power electronics; and commercial and industrial activities related to electromechanical industrial products and slip ring. The company was incorporated in 1975 and is headquartered in Ankara, Turkey. ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi is a subsidiary of Turkish Armed Forces Foundation.

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Frequently Asked Questions

Is Aselsan (ASELS) halal to invest in?

The current automated result is Financial screen passed; activity assessment pending. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Aselsan's debt ratio?

Aselsan's debt ratio is 10.0% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Aselsan's key financial metrics?

Aselsan has a market capitalization of TRY 1508220M in its listing currency, trailing P/E ratio of 50.3, and revenue of $180.4B. The company maintains a gross margin of 31.8% and a net margin of 16.6%. Return on equity stands at 13.7%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.