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KCAER.IS$13.62+4.69%
Fair $13.62+0.0%

KCAER.IS

Kocaer Celik Sanayi ve Ticaret Anonim Sirketi

Basic Materials / SteelIstanbul

$13.62

+0.61 (+4.69%)

Fairly Valued+0.0%Fair Value $13.62Fund rank 29/100 · Data gapFallback financials|
SA 59/C
F-Score: 5/9
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 33% · confianza 20%

FCF escenarios

weak_data · normalized FCF $154.5M · quality 49.0/100

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

59/100

C

Piotroski

5/9

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 commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. ROE is 3.9%, below the 5% threshold
Thesis & Journal · KCAER.ISLocal privado en este navegador · Kocaer Celik Sanayi ve Ticaret Anonim Sirketi
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

$26.1B

P/E

113.5x

↑

EV/EBITDA

10.4x

↓

ROE

3.9%

↑

Gross Margin

18.8%

↓

Debt/Equity

0.59

↑
52-Week Range$14
$10$17

TradingView lightweight chart

KCAER.IS price, volumen y niveles de valoración

Último $13.62Periodo +257.7%
Fair value: $13.62

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

+11.1%

FCF CAGR

—

FCF margin

-4.6%

FCF / Net income

-2.37x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $24.11B · net income $473.5M · FCF $-1.12B

2022-FY → 2025-FY

Gross margin

18.8%+1.2% pts

Operating margin

11.1%+0.4% pts

Net margin

2.0%-3.5% pts

FCF margin

-4.6%-14.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$24.11B$24.11B$25.18B$22.22B$17.59B
Net Income$473.5M$473.5M$108.5M$1.71B$964.4M
EBITDA$2.79B$2.79B$2.31B$3.40B$1.86B
EPS0.250.250.060.890.50
Gross Margin18.8%18.8%15.9%19.2%17.7%
Operating Margin11.1%11.1%9.0%12.8%10.7%
Net Margin2.0%2.0%0.4%7.7%5.5%
Balance Sheet
Debt/Equity0.590.590.490.460.58
Current Ratio1.231.23———
Cash Flow
Free Cash Flow$-1.12B$-1.12B$750.1M$154.5M$1.75B
Returns
ROE3.9%3.9%0.9%17.9%17.3%
Valuation
P/E113.50113.50249.0314.0914.42
EV/EBITDA10.3810.3812.898.088.82
P/B2.122.122.182.522.50
Growth & Yield
Revenue Growth-4.2%-4.2%13.3%26.3%—
EPS Growth336.0%336.0%-93.6%76.9%—
Dividend Yield1.3%1.3%———

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

69.7%

muy exigente

EPS terminal req.

$1.21

Spread vs growth

266.3%

5Y implied EPS CAGR

42.7%

muy exigente

EPS terminal req.

$1.46

Spread vs growth

293.3%

10Y implied EPS CAGR

25.3%

muy exigente

EPS terminal req.

$2.36

Spread vs growth

310.7%

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 +3.9%

Total return

+3.9%

Start / end P/E

234.2x → 55.1x

EPS bridge

0.06 → 0.25

Residual

-256.9%

EPS growth+336.0%
Multiple rerating-76.5%
Dividend+1.3%
Residual / FX / buybacks / cross-term-256.9%

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.