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v0.1
ADEL.IS$32.70-0.73%
Fair $32.70+0.0%

ADEL.IS

Adel Kalemcilik Ticaret ve Sanayi A.S.

Industrials / Business Equipment & SuppliesIstanbul

$32.70

-0.24 (-0.73%)

Fairly Valued+0.0%Fair Value $32.70Fund rank 24/100 · Data gapFallback financials|
SA 18/F
F-Score: 1/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 17%

FCF escenarios

weak_data · normalized FCF $301.0M · quality 32.0/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 25/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

18/100

F

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is -41.3%, below the 5% threshold
Thesis & Journal · ADEL.ISLocal privado en este navegador · Adel Kalemcilik Ticaret ve Sanayi A.S.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$8.5B

P/E

N/A

•

EV/EBITDA

37.5x

↑

ROE

-41.3%

↓

Gross Margin

39.7%

↑

Debt/Equity

1.39

↑
52-Week Range$33
$27$61

TradingView lightweight chart

ADEL.IS price, volumen y niveles de valoración

Último $32.70Periodo +5842.6%
Fair value: $32.70

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+7.8%

FCF CAGR

—

FCF margin

-16.8%

FCF / Net income

0.70x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.10B · net income $-502.4M · FCF $-353.6M

2022-FY → 2025-FY

Gross margin

39.7%+14.5% pts

Operating margin

-10.2%-9.0% pts

Net margin

-23.9%-22.8% pts

FCF margin

-16.8%-20.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.10B$2.10B$3.55B$3.27B$1.68B
Net Income$-502.4M$-502.4M$24.4M$629.4M$-19.4M
EBITDA$261.3M$261.3M$1.07B$1.25B$370.2M
EPS-1.93-1.930.092.42-0.07
Gross Margin39.7%39.7%51.2%46.7%25.2%
Operating Margin-10.2%-10.2%11.9%15.1%-1.2%
Net Margin-23.9%-23.9%0.7%19.3%-1.2%
Balance Sheet
Debt/Equity1.391.390.701.001.27
Current Ratio0.950.95———
Cash Flow
Free Cash Flow$-353.6M$-353.6M$372.0M$301.0M$58.0M
Returns
ROE-41.3%-41.3%1.3%39.2%-2.8%
Valuation
P/E——357.6113.51—
EV/EBITDA37.4637.463.257.1592.32
P/B6.996.991.595.3048.77
Growth & Yield
Revenue Growth-40.9%-40.9%8.7%94.9%—
EPS Growth-2158.7%-2158.7%-96.1%3340.1%—
Dividend Yield1.8%1.8%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +11.2%

Total return

+11.2%

Start / end P/E

n/dx → n/dx

EPS bridge

0.09 → -1.93

Residual

+9.4%

EPS growthn/d
Multiple reratingn/d
Dividend+1.8%
Residual / FX / buybacks / cross-term+9.4%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.