Pegasus Hava Tasimaciligi Anonim Sirketi (PGSUS.IS) stock analysis

In our weekly check, Pegasus Hava Tasimaciligi Anonim Sirketi is graded C (A to F). Of 22 checks on debt, profit, cash flow and trend: 14 pass, warnings: 2, red flags: 6.

About Pegasus Hava Tasimaciligi Anonim Sirketi

Pegasus Hava Tasimaciligi Anonim Sirketi is an Industrials company (Airlines, Airports & Air Services), listed on IST as PGSUS.IS.

What our checks show for PGSUS.IS

Red flags

• Net debt is 6.1x a year of EBITDA (debt/equity 2.26). That limits room in a downturn and raises refinancing risk.
• Operating profit does not cover the interest bill (0.6x): interest is paid from cash or new debt.
• Earnings per share fell 45.8% a year over the last 3 years.
• The company is losing money: the net margin is -0.6%.
• The stock has fallen as much as 74% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 2%.

Warning signs

• A small company (market value $1.41 billion): usually riskier and followed by fewer analysts.
• Recovering from its deepest fall took about 3 years.

Strengths

• The net margin rose by 17.9 points over 5 years, to -0.6%.
• The gross margin is 9.6% and has risen by 8.5 points: pricing power is holding.
• Operating cash flow is 27.83x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 255% a year over the next years.
• Analysts expect revenue to grow about 15.4% a year over the next years.
• Analysts expect the net margin to improve by 11.1 points from today's -0.6%.

Next earnings report: 2026-11-11

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Questions

What grade does Pegasus Hava Tasimaciligi Anonim Sirketi (PGSUS.IS) have?

In our weekly check, Pegasus Hava Tasimaciligi Anonim Sirketi is graded C (A to F). Of 22 checks on debt, profit, cash flow and trend: 14 pass, warnings: 2, red flags: 6. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of PGSUS.IS stock?

This week's biggest flags for Pegasus Hava Tasimaciligi Anonim Sirketi: High debt, Weak interest cover, Weak EPS growth. In total 8 of 22 checks show a warning or a red flag.

What does Pegasus Hava Tasimaciligi Anonim Sirketi do?

Pegasus Hava Tasimaciligi Anonim Sirketi is an Industrials company (Airlines, Airports & Air Services), listed on IST as PGSUS.IS.

When does Pegasus Hava Tasimaciligi Anonim Sirketi report earnings next?

The next earnings report is expected on 2026-11-11. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-11-07

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