Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₺148, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 262% over the past three years. New Risk • May 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 52% Last year net profit margin: 111% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (52% net profit margin). Revenue is less than US$5m (₺77m revenue, or US$1.7m). Market cap is less than US$100m (₺974.9m market cap, or US$21.5m). Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₺137, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 370% over the past three years. Annonce • Mar 03
Pergamon Status Dis Ticaret A.S., Annual General Meeting, Mar 30, 2026 Pergamon Status Dis Ticaret A.S., Annual General Meeting, Mar 30, 2026. Location: alsancak, ataturk caddesi no: 382, 35220, izmir Turkey Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₺150, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 402% over the past three years. Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: ₺1.68 (vs ₺1.25 in 3Q 2024) Third quarter 2025 results: EPS: ₺1.68 (up from ₺1.25 in 3Q 2024). Net income: ₺12.5m (up 34% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₺146, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 18x in the Retail Distributors industry in Asia. Total returns to shareholders of 554% over the past three years. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₺156, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 611% over the past three years. New Risk • Jul 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Turkish stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue is less than US$1m (₺33m revenue, or US$810k). Minor Risks Dividend is not well covered by cash flows (268% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (₺853.9m market cap, or US$21.2m). New Risk • Jun 20
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (₺33m revenue, or US$821k). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10.0% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₺784.1m market cap, or US$19.8m). Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₺92.30, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 306% over the past three years. New Risk • May 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (₺33m revenue, or US$839k). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₺865.8m market cap, or US$22.3m). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₺92.25, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 18x in the Retail Distributors industry in Asia. Total returns to shareholders of 320% over the past three years. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₺89.15, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 18x in the Retail Distributors industry in Asia. Total returns to shareholders of 344% over the past three years. Annonce • Mar 03
Pergamon Status Dis Ticaret A.S., Annual General Meeting, Mar 27, 2025 Pergamon Status Dis Ticaret A.S., Annual General Meeting, Mar 27, 2025. Location: alsancak, ataturk caddesi no: 382, 35220, izmir Turkey Reported Earnings • Mar 03
Full year 2024 earnings released Full year 2024 results: Revenue: ₺35.6m (down 6.0% from FY 2023). Net income: ₺26.7m (up 54% from FY 2023). Profit margin: 75% (up from 46% in FY 2023). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₺91.00, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 22x in the Retail Distributors industry in Asia. Total returns to shareholders of 375% over the past three years. Reported Earnings • Oct 27
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₺8.39m (down 11% from 3Q 2023). Net income: ₺9.30m (down 4.4% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings. New Risk • Sep 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (₺30m revenue, or US$872k). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (₺868.7m market cap, or US$25.4m). Reported Earnings • Sep 19
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₺8.59m (up 22% from 2Q 2023). Net income: ₺7.24m (down 54% from 2Q 2023). Profit margin: 84% (down from 226% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. New Risk • Sep 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (₺34m revenue, or US$997k). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₺605.1m market cap, or US$17.8m). Reported Earnings • Jun 13
First quarter 2024 earnings released: ₺0.10 loss per share (vs ₺1.01 profit in 1Q 2023) First quarter 2024 results: ₺0.10 loss per share (down from ₺1.01 profit in 1Q 2023). Revenue: ₺7.55m (up 14% from 1Q 2023). Net loss: ₺741.5k (down 110% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₺92.00, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 348% over the past three years. Reported Earnings • May 12
Full year 2023 earnings released Full year 2023 results: Revenue: ₺37.8m (up 33% from FY 2022). Net income: ₺17.4m (down 47% from FY 2022). Profit margin: 46% (down from 116% in FY 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺136, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 555% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₺102, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 368% over the past three years. New Risk • Mar 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (₺30m revenue, or US$942k). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (₺949.7m market cap, or US$29.5m). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺109, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 448% over the past three years. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₺96.35, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 290% over the past three years. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₺48.46, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 258% over the past three years. New Risk • Nov 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (₺30m revenue, or US$1.1m). Market cap is less than US$100m (₺532.4m market cap, or US$18.7m). Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₺65.20, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 433% over the past three years. Reported Earnings • Aug 14
Second quarter 2023 earnings released Second quarter 2023 results: Net income: ₺15.9m (up 112% from 2Q 2022). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₺59.10, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 577% over the past three years. New Risk • Jul 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Turkish stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Revenue is less than US$5m (₺28m revenue, or US$1.1m). Market cap is less than US$100m (₺336.8m market cap, or US$12.9m). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₺41.24, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 381% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₺27.86, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 311% over the past three years. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: ₺1.01 (vs ₺1.09 in 1Q 2022) First quarter 2023 results: EPS: ₺1.01 (down from ₺1.09 in 1Q 2022). Net income: ₺7.52m (down 6.8% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₺28.76, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 358% over the past three years. Reported Earnings • Mar 06
Full year 2022 earnings released Full year 2022 results: Net income: ₺33.0m (up 82% from FY 2021). Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₺34.10, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 14x in the Retail Distributors industry in Asia. Total returns to shareholders of 388% over the past three years. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₺32.42, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 384% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Ayda Ozeren was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: ₺1.20 (vs ₺0.46 in 3Q 2021) Third quarter 2022 results: EPS: ₺1.20 (up from ₺0.46 in 3Q 2021). Net income: ₺8.87m (up 158% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: ₺1.09 (vs ₺0.54 in 1Q 2021) First quarter 2022 results: EPS: ₺1.09 (up from ₺0.54 in 1Q 2021). Net income: ₺8.07m (up 103% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Ayda Ozeren was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₺30.52, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 383% over the past three years. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₺2.44 (up from ₺1.20 in FY 2020). Net income: ₺18.1m (up 103% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₺27.90, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 402% over the past three years. Reported Earnings • Nov 04
Third quarter 2021 earnings released The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ₺3.82m (up 37% from 3Q 2020). Net income: ₺3.44m (up 24% from 3Q 2020). Profit margin: 90% (down from 100% in 3Q 2020). The decrease in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₺24.22, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 402% over the past three years. Reported Earnings • Mar 05
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₺10.4m (up 27% from FY 2019). Net income: ₺8.93m (down 2.3% from FY 2019). Profit margin: 86% (down from 111% in FY 2019). The decrease in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 65% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 17% share price gain to ₺34.50, the stock is trading at a trailing P/E ratio of 31.6x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 17x in the Retail Distributors industry in Asia. Total returns to shareholders over the past three years are 970%. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 24% share price gain to ₺21.68, the stock is trading at a trailing P/E ratio of 19.8x, up from the previous P/E ratio of 16x. This compares to an average P/E of 18x in the Retail Distributors industry in Asia. Total returns to shareholders over the past three years are 685%. Is New 90 Day High Low • Dec 29
New 90-day high: ₺18.12 The company is up 18% from its price of ₺15.38 on 30 September 2020. The Turkish market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is down 1.0% over the same period. Is New 90 Day High Low • Oct 05
New 90-day high: ₺15.69 The company is up 45% from its price of ₺10.84 on 07 July 2020. The Turkish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 2.0% over the same period.