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Last 4.85 TRY
Change Today +0.03 / 0.62%
Volume 36.7K
As of 10:36 AM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

parsan makina parcalari sana (PARSN) Snapshot

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Day High
Day Low
52 Week High
07/18/14 - 5.68
52 Week Low
05/6/14 - 3.12
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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parsan makina parcalari sana (PARSN) Details

Parsan Makina Parcalari Sanayii AS designs and manufactures hot steel forging components for automotive, mining, defense, and textile machinery industries. The company provides automotive products, such as rear axle shafts, brake camshafts, front axle beams, front axle assemblies, steering knuckles, tie rod arms, hub forgings, transmission shafts and pinion forgings, universal joint and driving flange forgings, and engine parts for commercial and agricultural vehicles; walking sets; defense, aerospace, and railway industry products; and other products. It markets and exports its products to Germany, Austria, Belgium, Hungary, Sweden, the Czech Republic, the United States, Norway, Italy, South Africa, Egypt, Iran, and Russia. The company was founded in 1968 and is based in Istanbul, Turkey. Parsan Makina Parcalari Sanayii AS operates as a subsidiary of Celik Holding A.S.

Founded in 1968

parsan makina parcalari sana (PARSN) Top Compensated Officers

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parsan makina parcalari sana (PARSN) Key Developments

Parsan Makina Parcalari Sanayii AS Plans to Build EUR 160 Million Forging Plant

Parsan Makina Parcalari Sanayii planed to build a EUR 160 million ($223 million) plant in the province of Kocaeli. The plant, to be located in the Dilovasi district, will produce heavy forged components for the automotive industry. The first phase of the plant will start operation in 2015. The facility will be put in full operation by the end of 2020. Parsan currently generates EUR 40-45 million in revenue from its plant in the Pendik district of Istanbul. The company expects its revenue to surge to 160-170 million euro in 2020 with the launch of the new forging plant.


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Price/Cash Flow 12.7x
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