{"id":1165,"date":"2023-09-10T07:43:58","date_gmt":"2023-09-10T07:43:58","guid":{"rendered":"https:\/\/live.21lab.co\/mlab\/?page_id=1165"},"modified":"2024-10-16T13:46:22","modified_gmt":"2024-10-16T10:46:22","slug":"sirket-degerlemesi","status":"publish","type":"page","link":"https:\/\/www.rotacapital.com\/en\/sirket-degerlemesi\/","title":{"rendered":"Company Valuation"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"1165\" class=\"elementor elementor-1165\">\n\t\t\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-8f7121e bgDark elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8f7121e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ac4c648\" data-id=\"ac4c648\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-23b8e80 elementor-widget elementor-widget-heading\" data-id=\"23b8e80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Valuation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-94acc28 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"94acc28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-788a084 bgDark sticky-element bg-blur elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"788a084\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cfbd53b\" data-id=\"cfbd53b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-235ddb2 style1 pp-buttons-stack-none elementor-widget elementor-widget-pp-buttons\" data-id=\"235ddb2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pp-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"pp-buttons-group\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#genelbakis\" class=\"pp-button elementor-button elementor-size-sm elementor-repeater-item-5e24159\">\n\t\t\t\t\t<div class=\"pp-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"pp-button-content-inner pp-icon-before\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<span class=\"pp-button-title\">\n\t\t\t\t\t\t\t\t\tOverview\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"#surec\" class=\"pp-button elementor-button elementor-size-sm elementor-repeater-item-2d7856a\">\n\t\t\t\t\t<div class=\"pp-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"pp-button-content-inner pp-icon-before\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<span class=\"pp-button-title\">\n\t\t\t\t\t\t\t\t\tprocess\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"#ebitda\" class=\"pp-button elementor-button elementor-size-sm elementor-repeater-item-588dffa\">\n\t\t\t\t\t<div class=\"pp-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"pp-button-content-inner pp-icon-before\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<span class=\"pp-button-title\">\n\t\t\t\t\t\t\t\t\tebitda\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"#blog\" class=\"pp-button elementor-button elementor-size-sm elementor-repeater-item-5d74925\">\n\t\t\t\t\t<div class=\"pp-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"pp-button-content-inner pp-icon-before\">\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<span class=\"pp-button-title\">\n\t\t\t\t\t\t\t\t\tBlog\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-a21e9bc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a21e9bc\" data-element_type=\"section\" data-e-type=\"section\" id=\"genelbakis\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f2ca3a6\" data-id=\"f2ca3a6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-59fa521 elementor-widget elementor-widget-heading\" data-id=\"59fa521\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Overview<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-770055a elementor-widget elementor-widget-pp-content-reveal\" data-id=\"770055a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_content_state&quot;:&quot;unreveal&quot;}\" data-widget_type=\"pp-content-reveal.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"pp-content-reveal-content-wrapper\" data-speed=\"0.5\" data-visibility=\"pixels\" data-scroll-top=\"yes\" data-content-height=\"230\">\n\t\t\t<div class=\"pp-content-reveal-content\">\n\t\t\t\t<p>Rota Capital company valuations are prepared in accordance with the International Valuation Standards Council (IVSC) valuation standards. Two different valuation approaches are often used together or alone, taking into account the activities, market, financial structure and country of the valued company.<\/p><p>\u00a0<\/p><p>Rota Capital prepares company valuations based on both TPL based financial statements and financial statements in accordance with TAS standards and TFRS.<\/p>\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"pp-content-reveal-saparator\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t<div class=\"pp-content-reveal-buttons-wrapper\">\n\t\t\t<div class=\"pp-content-reveal-button-inner elementor-button elementor-size-md pp-button-icon-after\">\n\t\t\t\t<span class=\"pp-content-reveal-button pp-content-reveal-button-open\">\n\t\t\t\t\t<span class=\"pp-content-reveal-button-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"pp-button-icon pp-icon\"><svg class=\"e-font-icon-svg e-fas-angle-up\" viewbox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M177 159.7l136 136c9.4 9.4 9.4 24.6 0 33.9l-22.6 22.6c-9.4 9.4-24.6 9.4-33.9 0L160 255.9l-96.4 96.4c-9.4 9.4-24.6 9.4-33.9 0L7 329.7c-9.4-9.4-9.4-24.6 0-33.9l136-136c9.4-9.5 24.6-9.5 34-.1z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"pp-content-reveal-button-text\">\n\t\t\t\t\t\t\t\tLess\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t<span class=\"pp-content-reveal-button pp-content-reveal-button-closed\">\n\t\t\t\t\t<span class=\"pp-content-reveal-button-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"pp-content-reveal-button-text\">\n\t\t\t\t\t\t\t\tMore\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-cd13b7a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cd13b7a\" data-element_type=\"section\" data-e-type=\"section\" id=\"progress\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c7b4333\" data-id=\"c7b4333\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-section elementor-inner-section elementor-element elementor-element-aff9d14 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aff9d14\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2c31bfc\" data-id=\"2c31bfc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-937c181 pp-info-list-icon-top pp-info-list-icon-horizontal-left elementor-widget__width-initial elementor-widget-mobile__width-initial pp-info-list-stack-mobile elementor-widget elementor-widget-pp-info-list\" data-id=\"937c181\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pp-info-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"pp-info-list-container pp-list-container pp-info-list-connector\">\n\t\t\t<ul class=\"pp-list-items\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"pp-info-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-item-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-icon-wrapper\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"pp-info-list-image\"><img decoding=\"async\" src=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/09\/1-1.svg\" alt=\"1\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-title\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tfirst approach\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-description\">\n\t\t\t\t\t\t\t\t\t\t\t\t<h3>Market Approach<\/h3>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"pp-info-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-item-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-icon-wrapper\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"pp-info-list-image\"><img decoding=\"async\" src=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/09\/plug-2.svg\" alt=\"plug-2\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-title\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tsecond approach\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-description\">\n\t\t\t\t\t\t\t\t\t\t\t\t<h3>Income Approach<\/h3>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-17ea81b bgDark  elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"17ea81b\" data-element_type=\"section\" data-e-type=\"section\" id=\"surec\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-40885bb\" data-id=\"40885bb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ed42237 elementor-widget elementor-widget-heading\" data-id=\"ed42237\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">process<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8e7c6e elementor-widget elementor-widget-heading\" data-id=\"d8e7c6e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Market Approach<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-inner-section elementor-element elementor-element-ad47a33 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ad47a33\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-967f97c\" data-id=\"967f97c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-85ff8cb elementor-widget elementor-widget-text-editor\" data-id=\"85ff8cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It refers to an approach in which the indicative value is determined by comparing the EBITDA (earnings before interest, tax, depreciation, amortization, depreciation and amortization), revenue, earnings and book value performances of the valued company in whole or in part - taking into account the company structure - with other companies that are substantially similar.<\/p>\n<div>\n<div>Rota Capital applies the 'Guideline Precedents in the Stock Exchange' method in its market approach. In this method, which deals with publicly traded companies, the quality and diversity of peers, valuation criteria and the availability, availability and certainty of comparable evidence as of the valuation date make this method mostly preferred and accepted.<\/div><div><br><\/div><div><div>It refers to an approach in which the indicative value is determined by comparing the EBITDA (earnings before interest, tax, depreciation, amortization, depreciation and amortization), revenue, earnings and book value performances of the valued company with other significantly similar companies. While these valuation methods are mostly applied to industrial companies, different performances are taken into account for different sectors such as installed capacity for energy companies, net asset value for real estate investment trusts and discounted dividends.<\/div><div><br><\/div><div>Rota Capital applies the 'Guideline Precedents in the Stock Exchange' method in its market approach. In this method, which deals with publicly traded companies, the quality and diversity of peers, valuation criteria and the availability, availability and certainty of comparable evidence as of the valuation date make this method mostly preferred and accepted.<\/div><\/div>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a3ff10 elementor-widget elementor-widget-heading\" data-id=\"5a3ff10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Income Approach<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50972f1 elementor-widget elementor-widget-text-editor\" data-id=\"50972f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This approach is used for companies with a high ability to generate income. It is seldom used alone in valuation, more often in conjunction with the market approach.<\/p><p>Discounted Cash Flow (DCF), which is based on discounting future cash flows to present value, is based on 'Forward Looking Financial Information (cash inflow\/outflow projections)'. In this method, Rota Capital often uses the cash flows of the entire asset, acts on an after-tax basis and takes into account inflation and risk-related assumptions.<\/p><div><div>The 'Weighted Average Cost of Capital (WACC)' method is used to calculate the discount rate, which is another important element of INA that is applied to reflect the time value of money as well as the type of cash flows and risks associated with the future operations of the company.<\/div><div>\u00a0<\/div><div><div>These methods have been chosen to ensure that the INA value, which is based on forecasts and can therefore often be questioned, is more reasonable and acceptable.<\/div><\/div><div>\u00a0<\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-67db8b8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"67db8b8\" data-element_type=\"section\" data-e-type=\"section\" id=\"ebitda\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c0e9a8e\" data-id=\"c0e9a8e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-12df816 elementor-widget elementor-widget-image\" data-id=\"12df816\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"470\" height=\"610\" src=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2024\/07\/KSS-FOTO-1.png\" class=\"attachment-large size-large wp-image-1737\" alt=\"\" srcset=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2024\/07\/KSS-FOTO-1.png 470w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2024\/07\/KSS-FOTO-1-231x300.png 231w\" sizes=\"(max-width: 470px) 100vw, 470px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0bf793b\" data-id=\"0bf793b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-92c09d1 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"92c09d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1577071 elementor-widget elementor-widget-heading\" data-id=\"1577071\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">EBITDA<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f874b1 elementor-widget elementor-widget-heading\" data-id=\"0f874b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">EBITDA Value and Analysis<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-975fe31 elementor-widget elementor-widget-text-editor\" data-id=\"975fe31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>EBITDA (EBITDA) refers to the profit arising solely from earnings generated from core activities, net of financial expenses, eliminating different accounting and taxation policies in different countries and depreciation methods.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56a0aea elementor-widget elementor-widget-text-editor\" data-id=\"56a0aea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>EBITDA is the most important financial indicator accepted in international markets and is used in financial statement analysis, credit analysis and company valuation for comparing similar sector companies. 'Company Valuation' includes detailed EBITDA analysis.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-0c615af elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0c615af\" data-element_type=\"section\" data-e-type=\"section\" id=\"blog\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d69c837\" data-id=\"d69c837\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d4355e1 elementor-widget elementor-widget-heading\" data-id=\"d4355e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">blog<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24484a4 elementor-widget elementor-widget-heading\" data-id=\"24484a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Blog<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e87bb59 elementor-grid-4 pp-equal-height-yes elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-pp-posts\" data-id=\"e87bb59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pp-posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"pp-posts-container\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t<div class=\"pp-posts pp-posts-skin-classic elementor-grid pp-posts-grid\" data-query-type=\"custom\" data-layout=\"grid\" data-page=\"1165\" data-skin=\"classic\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-wrap pp-grid-item-wrap elementor-grid-item post-2634 post type-post status-publish format-standard has-post-thumbnail hentry category-halka-arz tag-borsa-istanbul tag-halka-arz tag-sermaye\">\n\t\t\t\t\t\t<div class=\"pp-post pp-grid-item\">\n\t\t\t\t\t\t<div class=\"pp-post-thumbnail\">\n\t\t\t<a class=\"pp-post-thumbnail-wrap\" href=\"https:\/\/www.rotacapital.com\/en\/halka-arz-kriterleri-nelerdir\/\" title=\"What are the IPO Criteria?\">\n\t\t\t\t<img decoding=\"async\" width=\"900\" height=\"450\" src=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2025\/04\/halka-arz-5-1024x512.png\" class=\"attachment-large size-large wp-image-2638\" alt=\"\" srcset=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2025\/04\/halka-arz-5-1024x512.png 1024w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2025\/04\/halka-arz-5-300x150.png 300w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2025\/04\/halka-arz-5-768x384.png 768w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2025\/04\/halka-arz-5-18x9.png 18w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2025\/04\/halka-arz-5.png 1280w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/>\t\t\t<\/a>\n\t\t<\/div>\n\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"pp-post-content-wrap\">\n\t\t\t\t\t<div class=\"pp-post-content\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-terms-wrap\">\n\t\t\t<span class=\"pp-post-terms\">\n\t\t\t\t<span class=\"pp-post-term\"><a href=\"https:\/\/www.rotacapital.com\/en\/category\/halka-arz\/\">Public Offering<\/a><\/span>\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<h2 class=\"pp-post-title\">\n\t\t\t\t<a href=\"https:\/\/www.rotacapital.com\/en\/halka-arz-kriterleri-nelerdir\/\">What are the IPO Criteria?<\/a>\t\t\t<\/h2>\n\t\t\t\t\t\t\t<div class=\"pp-post-excerpt\">\n\t\t\tCMB updates the IPO criteria based on financial performance at the end of each year. In 2024\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-meta\">\n\t\t\t\t\t\t\t\t<span class=\"pp-post-date\">\n\t\t\t\t\t\t<span class=\"pp-meta-text\">\n\t\t\t\tApril 11, 2025\t\t\t<\/span>\n\t\t<\/span>\n\t\t<span class=\"pp-meta-separator\"><\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"pp-post-wrap pp-grid-item-wrap elementor-grid-item post-79 post type-post status-publish format-standard has-post-thumbnail hentry category-halka-arz tag-borsa-istanbul tag-halka-arz tag-sermaye\">\n\t\t\t\t\t\t<div class=\"pp-post pp-grid-item\">\n\t\t\t\t\t\t<div class=\"pp-post-thumbnail\">\n\t\t\t<a class=\"pp-post-thumbnail-wrap\" href=\"https:\/\/www.rotacapital.com\/en\/halka-arz-acilma-sartlari-nelerdir\/\" title=\"What are the Conditions for Public Offering (Going Public)?\">\n\t\t\t\t<img decoding=\"async\" width=\"900\" height=\"450\" src=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2024\/07\/halka-arz-4-1024x512.png\" class=\"attachment-large size-large wp-image-2256\" alt=\"\" srcset=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2024\/07\/halka-arz-4-1024x512.png 1024w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2024\/07\/halka-arz-4-300x150.png 300w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2024\/07\/halka-arz-4-768x384.png 768w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2024\/07\/halka-arz-4.png 1280w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/>\t\t\t<\/a>\n\t\t<\/div>\n\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"pp-post-content-wrap\">\n\t\t\t\t\t<div class=\"pp-post-content\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-terms-wrap\">\n\t\t\t<span class=\"pp-post-terms\">\n\t\t\t\t<span class=\"pp-post-term\"><a href=\"https:\/\/www.rotacapital.com\/en\/category\/halka-arz\/\">Public Offering<\/a><\/span>\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<h2 class=\"pp-post-title\">\n\t\t\t\t<a href=\"https:\/\/www.rotacapital.com\/en\/halka-arz-acilma-sartlari-nelerdir\/\">What are the Conditions for Public Offering (Going Public)?<\/a>\t\t\t<\/h2>\n\t\t\t\t\t\t\t<div class=\"pp-post-excerpt\">\n\t\t\tIPO companies increase their working capital and obtain financing for their investments....\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-meta\">\n\t\t\t\t\t\t\t\t<span class=\"pp-post-date\">\n\t\t\t\t\t\t<span class=\"pp-meta-text\">\n\t\t\t\tJuly 21, 2024\t\t\t<\/span>\n\t\t<\/span>\n\t\t<span class=\"pp-meta-separator\"><\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"pp-post-wrap pp-grid-item-wrap elementor-grid-item post-82 post type-post status-publish format-standard has-post-thumbnail hentry category-halka-arz tag-borsa-istanbul tag-halka-arz tag-sermaye\">\n\t\t\t\t\t\t<div class=\"pp-post pp-grid-item\">\n\t\t\t\t\t\t<div class=\"pp-post-thumbnail\">\n\t\t\t<a class=\"pp-post-thumbnail-wrap\" href=\"https:\/\/www.rotacapital.com\/en\/halka-arz-icin-gerekli-sermaye-ne-kadar-olmali\/\" title=\"How Much Capital is Required for an IPO?\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"450\" src=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-1-1024x512.png\" class=\"attachment-large size-large wp-image-1704\" alt=\"\" srcset=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-1-1024x512.png 1024w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-1-300x150.png 300w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-1-768x384.png 768w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-1.png 1280w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/>\t\t\t<\/a>\n\t\t<\/div>\n\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"pp-post-content-wrap\">\n\t\t\t\t\t<div class=\"pp-post-content\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-terms-wrap\">\n\t\t\t<span class=\"pp-post-terms\">\n\t\t\t\t<span class=\"pp-post-term\"><a href=\"https:\/\/www.rotacapital.com\/en\/category\/halka-arz\/\">Public Offering<\/a><\/span>\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<h2 class=\"pp-post-title\">\n\t\t\t\t<a href=\"https:\/\/www.rotacapital.com\/en\/halka-arz-icin-gerekli-sermaye-ne-kadar-olmali\/\">How Much Capital is Required for an IPO?<\/a>\t\t\t<\/h2>\n\t\t\t\t\t\t\t<div class=\"pp-post-excerpt\">\n\t\t\tCompanies targeting an IPO are constantly researching the details of the IPO. Especially the last...\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-meta\">\n\t\t\t\t\t\t\t\t<span class=\"pp-post-date\">\n\t\t\t\t\t\t<span class=\"pp-meta-text\">\n\t\t\t\tJuly 21, 2024\t\t\t<\/span>\n\t\t<\/span>\n\t\t<span class=\"pp-meta-separator\"><\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"pp-post-wrap pp-grid-item-wrap elementor-grid-item post-86 post type-post status-publish format-standard has-post-thumbnail hentry category-business-news category-halka-arz tag-halka-arz tag-sermaye\">\n\t\t\t\t\t\t<div class=\"pp-post pp-grid-item\">\n\t\t\t\t\t\t<div class=\"pp-post-thumbnail\">\n\t\t\t<a class=\"pp-post-thumbnail-wrap\" href=\"https:\/\/www.rotacapital.com\/en\/halka-arz-nedir\/\" title=\"What is an IPO? What are the Advantages for Businesses?\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"450\" src=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-1024x512.png\" class=\"attachment-large size-large wp-image-1694\" alt=\"\" srcset=\"https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-1024x512.png 1024w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-300x150.png 300w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz-768x384.png 768w, https:\/\/www.rotacapital.com\/wp-content\/uploads\/2023\/08\/halka-arz.png 1280w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/>\t\t\t<\/a>\n\t\t<\/div>\n\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"pp-post-content-wrap\">\n\t\t\t\t\t<div class=\"pp-post-content\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-terms-wrap\">\n\t\t\t<span class=\"pp-post-terms\">\n\t\t\t\t<span class=\"pp-post-term\"><a href=\"https:\/\/www.rotacapital.com\/en\/category\/business-news\/\">Business News<\/a><\/span>\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<h2 class=\"pp-post-title\">\n\t\t\t\t<a href=\"https:\/\/www.rotacapital.com\/en\/halka-arz-nedir\/\">What is an IPO? What are the Advantages for Businesses?<\/a>\t\t\t<\/h2>\n\t\t\t\t\t\t\t<div class=\"pp-post-excerpt\">\n\t\t\tWhat is an IPO? What are the Advantages for Businesses? Public offerings made in Borsa Istanbul...\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-post-meta\">\n\t\t\t\t\t\t\t\t<span class=\"pp-post-date\">\n\t\t\t\t\t\t<span class=\"pp-meta-text\">\n\t\t\t\tJuly 21, 2024\t\t\t<\/span>\n\t\t<\/span>\n\t\t<span class=\"pp-meta-separator\"><\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63abb22 elementor-widget elementor-widget-text-editor\" data-id=\"63abb22\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>You can follow our social media accounts for the latest information and 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elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-section elementor-inner-section elementor-element elementor-element-84f081e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"84f081e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-9d39a2d\" data-id=\"9d39a2d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-844b934 pp-info-list-icon-vertical-top pp-info-list-icon-left elementor-widget elementor-widget-pp-info-list\" data-id=\"844b934\" data-element_type=\"widget\" data-e-type=\"widget\" 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CONSULTANCY\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"pp-info-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-item-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-icon-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"pp-info-list-icon pp-info-list-number\">\n\t\t\t\t\t\t02\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-title\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rotacapital.com\/en\/kss-gecis\/\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tTRANSITION TO THE REGISTERED CAPITAL SYSTEM\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"pp-info-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-item-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-icon-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"pp-info-list-icon pp-info-list-number\">\n\t\t\t\t\t\t03\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-title\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rotacapital.com\/en\/finansal-danismanlik\/\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFINANCIAL ADVISORY\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"pp-info-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-item-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-icon-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"pp-info-list-icon pp-info-list-number\">\n\t\t\t\t\t\t04\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-infolist-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"pp-info-list-title\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rotacapital.com\/en\/sirket-devir-birlesmeleri\/\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCOMPANY MERGERS AND ACQUISITIONS\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f55b87d elementor-widget elementor-widget-pp-divider\" data-id=\"f55b87d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pp-divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"pp-divider-wrap\">\n\t\t\t\t\t\t\t<div class=\"pp-divider pp-divider-horizontal horizontal\"><\/div>\n\t\t\t\t\t\t<\/div>    \n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>\u015eirket De\u011ferlemesi Genel Bak\u0131\u015f s\u00fcre\u00e7 eb\u0131tda Blog genel bak\u0131\u015f Rota Capital \u015firket de\u011ferlemeleri \u2018Uluslararas\u0131 De\u011ferleme Standartlar\u0131 Konseyi (IVSC) de\u011ferleme standartlar\u0131na uygun haz\u0131rlanmaktad\u0131r. De\u011ferlenen \u015firketin faaliyetleri, pazar\u0131, finansal yap\u0131s\u0131 ve bulundu\u011fu \u00fclke dikkate al\u0131narak, \u00e7o\u011funlukla iki farkl\u0131 de\u011ferleme yakla\u015f\u0131m\u0131 beraber veya tek ba\u015f\u0131na kullan\u0131lmaktad\u0131r. \u00a0 Rota Capital, \u015firketlerin hem VUK temelli finansal tablolar\u0131n\u0131 hem de TMS [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"tmpl\/template-fullwidth.php","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-1165","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rotacapital.com\/en\/wp-json\/wp\/v2\/pages\/1165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rotacapital.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.rotacapital.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.rotacapital.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rotacapital.com\/en\/wp-json\/wp\/v2\/comments?post=1165"}],"version-history":[{"count":45,"href":"https:\/\/www.rotacapital.com\/en\/wp-json\/wp\/v2\/pages\/1165\/revisions"}],"predecessor-version":[{"id":2508,"href":"https:\/\/www.rotacapital.com\/en\/wp-json\/wp\/v2\/pages\/1165\/revisions\/2508"}],"wp:attachment":[{"href":"https:\/\/www.rotacapital.com\/en\/wp-json\/wp\/v2\/media?parent=1165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}