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LINK.IS$8.00+4.03%
Fair $8.00+0.0%

LINK.IS

Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret A.S.

Technology / Software - ApplicationIstanbul

$8.00

+0.31 (+4.03%)

Fairly Valued+0.0%Fair Value $8.00Fund rank 25/100 · Data gapFallback financials|
SA 62/B
F-Score: 4/9
Margin Compression

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 18%

FCF escenarios

weak_data · normalized FCF $-59.9M · quality 43.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 10/100Data 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

62/100

B

Piotroski

4/9

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. Operating margin has declined for 3 consecutive years
Thesis & Journal · LINK.ISLocal privado en este navegador · Link Bilgisayar Sistemleri Yazilimi ve Donanimi 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

$7.1B

P/E

20.0x

↓

EV/EBITDA

12.6x

↓

ROE

19.7%

↑

Gross Margin

27.1%

↓

Debt/Equity

0.00

↓
52-Week Range$8
$5$19

TradingView lightweight chart

LINK.IS price, volumen y niveles de valoración

Último $8.000Periodo +22429.5%
Fair value: $8.000

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

+176.7%

FCF CAGR

-4.5%

FCF margin

0.8%

FCF / Net income

0.03x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.43B · net income $320.2M · FCF $11.0M

2022-FY → 2025-FY

Gross margin

27.1%-62.3% pts

Operating margin

13.1%-25.9% pts

Net margin

22.5%+13.0% pts

FCF margin

0.8%-18.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.43B$1.43B$773.3M$105.1M$67.3M
Net Income$320.2M$320.2M$333.3M$4.0M$6.4M
EBITDA$560.3M$560.3M$438.5M$44.0M$30.7M
EPS——0.370.010.01
Gross Margin27.1%27.1%45.9%90.0%89.4%
Operating Margin13.1%13.1%30.0%36.9%38.9%
Net Margin22.5%22.5%43.1%3.8%9.5%
Balance Sheet
Debt/Equity0.000.000.00——
Current Ratio3.743.74———
Cash Flow
Free Cash Flow$11.0M$11.0M$-160.7M$-59.9M$12.6M
Returns
ROE19.7%19.7%25.6%1.9%3.7%
Valuation
P/E20.0020.0032.81602.7394.49
EV/EBITDA12.6412.6424.7853.4615.56
P/B4.404.408.3911.773.55
Growth & Yield
Revenue Growth84.3%84.3%635.7%56.2%—
EPS Growth——4035.3%-36.2%—

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 -36.7%

Total return

-36.7%

Start / end P/E

n/dx → n/dx

EPS bridge

0.37 → n/d

Residual

-36.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-36.7%

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.