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VSNMD.IS$97.75+9.96%
Fair $97.75+0.0%

VSNMD.IS

Visne Madencilik AS

Basic Materials / Building MaterialsIstanbul

$97.75

+8.85 (+9.96%)

Fairly Valued+0.0%Fair Value $97.75Fund rank 31/100 · Data gapFallback financials|
SA 47/C
F-Score: 7/9
Margin CompressionLow 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 20%

FCF escenarios

weak_data · normalized FCF $-51.1M · quality 55.3/100

Data gap 31/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 30/100Data 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

47/100

C

Piotroski

7/9

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 commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. Operating margin has declined for 3 consecutive years ROE is 1.8%, below the 5% threshold
Thesis & Journal · VSNMD.ISLocal privado en este navegador · Visne Madencilik AS
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

$11.4B

P/E

172.5x

↑

EV/EBITDA

27.7x

↑

ROE

1.8%

↑

Gross Margin

18.8%

↓

Debt/Equity

0.01

↓
52-Week Range$98
$72$860

TradingView lightweight chart

VSNMD.IS price, volumen y niveles de valoración

Último $97.75Periodo +137.4%
Fair value: $97.75

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

+0.7%

FCF CAGR

—

FCF margin

-3.6%

FCF / Net income

-0.79x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.42B · net income $64.6M · FCF $-51.1M

2022-FY → 2025-FY

Gross margin

18.8%-10.9% pts

Operating margin

-2.2%-22.2% pts

Net margin

4.5%-15.3% pts

FCF margin

-3.6%-28.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.42B$1.42B$1.46B$1.34B$1.40B
Net Income$64.6M$64.6M$-33.5M$189.9M$276.5M
EBITDA$384.4M$384.4M$326.0M$265.3M$380.7M
EPS0.570.57-0.297.9111.52
Gross Margin18.8%18.8%16.6%26.4%29.7%
Operating Margin-2.2%-2.2%-2.1%9.6%20.0%
Net Margin4.5%4.5%-2.3%14.2%19.8%
Balance Sheet
Debt/Equity0.010.010.090.070.22
Current Ratio3.983.98———
Cash Flow
Free Cash Flow$-51.1M$-51.1M$-162.9M$337.4M$349.1M
Returns
ROE1.8%1.8%-1.2%9.0%17.6%
Valuation
P/E172.52172.52———
EV/EBITDA27.7127.71———
P/B3.063.06———
Growth & Yield
Revenue Growth-2.3%-2.3%9.0%-4.1%—
EPS Growth297.9%297.9%-103.6%-31.3%—
Dividend Yield0.4%0.4%———

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

148.3%

muy exigente

EPS terminal req.

$8.67

Spread vs growth

149.6%

5Y implied EPS CAGR

79.3%

muy exigente

EPS terminal req.

$10.50

Spread vs growth

218.6%

10Y implied EPS CAGR

40.4%

muy exigente

EPS terminal req.

$16.90

Spread vs growth

257.4%

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 -75.9%

Total return

-75.9%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.29 → 0.57

Residual

-76.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.4%
Residual / FX / buybacks / cross-term-76.3%

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.