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DENGE.IS$2.36+0.86%
Fair $2.36+0.0%

DENGE.IS

Denge Yatirim Holding A.S.

Financial Services / Asset ManagementIstanbul

$2.36

+0.02 (+0.86%)

Fairly Valued+0.0%Fair Value $2.36Fund rank 24/100 · Data gapFallback financials|
SA 23/D
F-Score: 2/9
Margin CompressionLow Profitability

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 0.0/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 6/100Data 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

23/100

D

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: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. Operating margin has declined for 3 consecutive years ROE is -32.5%, below the 5% threshold
Thesis & Journal · DENGE.ISLocal privado en este navegador · Denge Yatirim Holding 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

$1.4B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-32.5%

↓

Gross Margin

2.4%

↓

Debt/Equity

0.16

↓
52-Week Range$2
$2$4

TradingView lightweight chart

DENGE.IS price, volumen y niveles de valoración

Último $2.350Periodo +698.2%
Fair value: $2.360

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

-8.8%

FCF CAGR

—

FCF margin

-108.3%

FCF / Net income

1.46x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $602.6M · net income $-447.2M · FCF $-652.6M

2022-FY → 2025-FY

Gross margin

2.4%-22.0% pts

Operating margin

-18.8%-17.0% pts

Net margin

-74.2%-67.9% pts

FCF margin

-108.3%-118.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$602.6M$602.6M$700.4M$565.7M$794.1M
Net Income$-447.2M$-447.2M$-444.6M$346.9M$-49.7M
EBITDA$-40.2M$-40.2M$-822.1M$786.6M$686.1M
EPS-0.76-0.76-1.020.80-0.11
Gross Margin2.4%2.4%7.5%5.8%24.4%
Operating Margin-18.8%-18.8%-11.4%-8.3%-1.8%
Net Margin-74.2%-74.2%-63.5%61.3%-6.3%
Balance Sheet
Debt/Equity0.160.160.190.170.58
Current Ratio1.371.37———
Cash Flow
Free Cash Flow$-652.6M$-652.6M$-146.6M$-1.02B$79.9M
Returns
ROE-32.5%-32.5%-30.1%23.6%-4.5%
Valuation
P/E———2.93—
EV/EBITDA———1.592.32
P/B1.021.021.060.691.08
Growth & Yield
Revenue Growth-14.0%-14.0%23.8%-28.8%—
EPS Growth25.8%25.8%-228.2%798.2%—

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 +21.8%

Total return

+21.8%

Start / end P/E

n/dx → n/dx

EPS bridge

-1.02 → -0.76

Residual

+21.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+21.8%

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.