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DAPGM.IS$9.89+4.11%
Fair $9.89+0.0%

DAPGM.IS

DAP Gayrimenkul Gelistirme A.S.

Real Estate / Real Estate - DevelopmentIstanbul

$9.89

+0.39 (+4.11%)

Fairly Valued+0.0%Fair Value $9.89Fund rank 26/100 · Data gapFallback financials|
SA 44/C
F-Score: 2/9
Declining Revenue

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 64.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 19/100Data 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

44/100

C

Piotroski

2/9

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. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Revenue has declined for 2 consecutive years
Thesis & Journal · DAPGM.ISLocal privado en este navegador · DAP Gayrimenkul Gelistirme 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

$26.2B

P/E

23.5x

↑

EV/EBITDA

10.5x

↓

ROE

7.1%

↑

Gross Margin

74.8%

↑

Debt/Equity

0.20

↓
52-Week Range$10
$8$20

TradingView lightweight chart

DAPGM.IS price, volumen y niveles de valoración

Último $9.890Periodo +534.0%
Fair value: $9.890

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

+0.8%

FCF CAGR

—

FCF margin

-10.5%

FCF / Net income

-0.80x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $8.01B · net income $1.04B · FCF $-837.3M

2022-FY → 2025-FY

Gross margin

74.8%+20.5% pts

Operating margin

68.9%+20.9% pts

Net margin

13.0%-11.9% pts

FCF margin

-10.5%-4.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$8.01B$8.01B$8.88B$10.30B$7.81B
Net Income$1.04B$1.04B$1.08B$2.32B$1.95B
EBITDA$2.64B$2.64B$2.48B$2.98B$2.57B
EPS0.390.390.721.910.79
Gross Margin74.8%74.8%78.4%65.5%54.3%
Operating Margin68.9%68.9%74.6%60.0%48.0%
Net Margin13.0%13.0%12.2%22.5%24.9%
Balance Sheet
Debt/Equity0.200.200.220.310.42
Current Ratio2.272.27———
Cash Flow
Free Cash Flow$-837.3M$-837.3M$41.6M$-222.4M$-481.9M
Returns
ROE7.1%7.1%7.9%24.2%48.5%
Valuation
P/E23.5523.5510.012.326.46
EV/EBITDA10.5210.524.742.155.47
P/B1.791.790.800.563.13
Growth & Yield
Revenue Growth-9.8%-9.8%-13.7%31.8%—
EPS Growth-45.8%-45.8%-62.3%142.3%—

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

31.0%

muy exigente

EPS terminal req.

$0.88

Spread vs growth

-76.9%

5Y implied EPS CAGR

22.2%

exigente

EPS terminal req.

$1.06

Spread vs growth

-68.0%

10Y implied EPS CAGR

15.9%

exigente

EPS terminal req.

$1.71

Spread vs growth

-61.8%

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 +15.0%

Total return

+15.0%

Start / end P/E

11.9x → 25.4x

EPS bridge

0.72 → 0.39

Residual

-51.5%

EPS growth-45.8%
Multiple rerating+112.3%
Dividend+0.0%
Residual / FX / buybacks / cross-term-51.5%

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.