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ALFAS.IS$55.55+6.21%
Fair $55.55+0.0%

ALFAS.IS

Alfa Solar Enerji Sanayi ve Ticaret A.S.

Technology / SolarIstanbul

$55.55

+3.25 (+6.21%)

Fairly Valued+0.0%Fair Value $55.55Fund rank 29/100 · Data gapFallback financials|
SA 49/C
F-Score: 3/9
Declining RevenueLow 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 19%

FCF escenarios

weak_data · normalized FCF $-433.9M · quality 51.3/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 26/100Data 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

49/100

C

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 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. Revenue has declined for 2 consecutive years ROE is -0.2%, below the 5% threshold
Thesis & Journal · ALFAS.ISLocal privado en este navegador · Alfa Solar Enerji Sanayi ve Ticaret 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

$20.4B

P/E

308.6x

↑

EV/EBITDA

37.8x

↑

ROE

-0.2%

↓

Gross Margin

10.7%

↓

Debt/Equity

0.68

↑
52-Week Range$56
$36$59

TradingView lightweight chart

ALFAS.IS price, volumen y niveles de valoración

Último $55.55Periodo +590.6%
Fair value: $55.55

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

+25.4%

FCF CAGR

—

FCF margin

-5.3%

FCF / Net income

40.34x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $8.24B · net income $-10.8M · FCF $-433.9M

2022-FY → 2025-FY

Gross margin

10.7%-10.0% pts

Operating margin

6.6%-14.1% pts

Net margin

-0.1%-19.7% pts

FCF margin

-5.3%-18.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$8.24B$8.24B$10.08B$11.16B$4.18B
Net Income$-10.8M$-10.8M$260.7M$1.50B$816.0M
EBITDA$608.8M$608.8M$764.0M$1.74B$718.7M
EPS-0.03-0.030.714.0817.74
Gross Margin10.7%10.7%10.5%20.8%20.8%
Operating Margin6.6%6.6%6.4%18.3%20.7%
Net Margin-0.1%-0.1%2.6%13.4%19.5%
Balance Sheet
Debt/Equity0.680.680.350.110.02
Current Ratio1.291.29———
Cash Flow
Free Cash Flow$-433.9M$-433.9M$488.8M$-1.88B$571.1M
Returns
ROE-0.2%-0.2%5.2%38.0%49.0%
Valuation
P/E308.61308.6195.7720.461.78
EV/EBITDA37.8437.8433.4117.010.18
P/B3.873.875.027.780.87
Growth & Yield
Revenue Growth-18.3%-18.3%-9.7%167.1%—
EPS Growth-104.1%-104.1%-82.6%-77.0%—
Dividend Yield0.3%0.3%———

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 +29.6%

Total return

+29.6%

Start / end P/E

n/dx → n/dx

EPS bridge

0.71 → -0.03

Residual

+29.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.3%
Residual / FX / buybacks / cross-term+29.3%

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.