View Financial HealthDO & CO 配当と自社株買い配当金 基準チェック /46DO & CO配当を支払う会社であり、現在の利回りは1.11%で、収益によって十分にカバーされています。主要情報1.1%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り1.8%配当成長9.0%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向21%最近の配当と自社株買いの更新Upcoming Dividend • Jul 10Upcoming dividend of €2.00 per shareEligible shareholders must have bought the stock before 17 July 2025. Payment date: 21 July 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Turkish dividend payers (3.3%). Lower than average of industry peers (2.2%).お知らせ • Jul 23DO & CO Aktiengesellschaft Approves Dividend for the Year 2022/2023 Year, Payable on 27 July 2023DO & CO Aktiengesellschaft at the General Meeting of Shareholders of Company held on 20 July 2023 resolved to distribute a dividend of EUR 1.00 per single share for the 2022/2023 business year. The dividend will be paid minus a capital gains tax of 27.5 %, providing there is no exemption on the levying of capital gains tax, starting on 27 July 2023, by way of a credit note at the respective custodian bank. Paying agent Erste Group Bank AG, Wien. Ex dividend trade at the Vienna Stock Exchange: starting on 24 July 2023.すべての更新を表示Recent updatesNew Risk • Apr 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 8.1% 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 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 (8.1% average weekly change).お知らせ • Mar 16DO & CO Aktiengesellschaft, Annual General Meeting, Jul 23, 2026DO & CO Aktiengesellschaft, Annual General Meeting, Jul 23, 2026.お知らせ • Mar 13+ 3 more updatesDO & CO Aktiengesellschaft to Report Fiscal Year 2026 Results on Jun 11, 2026DO & CO Aktiengesellschaft announced that they will report fiscal year 2026 results on Jun 11, 2026Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₺9,325, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Commercial Services industry in Asia. Total returns to shareholders of 354% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺9,903 per share.Reported Earnings • Feb 18Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: €632.2m (down 2.6% from 3Q 2025). Net income: €31.1m (up 8.3% from 3Q 2025). Profit margin: 4.9% (up from 4.4% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Commercial Services industry in Asia.Buy Or Sell Opportunity • Jan 09Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at ₺10,860. The fair value is estimated to be ₺8,812, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: €2.43 (vs €2.33 in 2Q 2025)Second quarter 2026 results: EPS: €2.43 (up from €2.33 in 2Q 2025). Revenue: €627.5m (up 6.2% from 2Q 2025). Net income: €26.7m (up 4.1% from 2Q 2025). Profit margin: 4.2% (in line with 2Q 2025). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 19First quarter 2026 earnings released: EPS: €2.44 (vs €1.69 in 1Q 2025)First quarter 2026 results: EPS: €2.44 (up from €1.69 in 1Q 2025). Revenue: €611.7m (up 11% from 1Q 2025). Net income: €26.8m (up 44% from 1Q 2025). Profit margin: 4.4% (up from 3.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₺11,158, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Commercial Services industry in Asia. Total returns to shareholders of 650% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺9,916 per share.Upcoming Dividend • Jul 10Upcoming dividend of €2.00 per shareEligible shareholders must have bought the stock before 17 July 2025. Payment date: 21 July 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Turkish dividend payers (3.3%). Lower than average of industry peers (2.2%).お知らせ • Jun 13DO & CO Aktiengesellschaft, Annual General Meeting, Jul 10, 2025DO & CO Aktiengesellschaft, Annual General Meeting, Jul 10, 2025.Reported Earnings • Jun 13Full year 2025 earnings released: EPS: €8.42 (vs €6.24 in FY 2024)Full year 2025 results: EPS: €8.42 (up from €6.24 in FY 2024). Revenue: €2.30b (up 26% from FY 2024). Net income: €92.4m (up 40% from FY 2024). Profit margin: 4.0% (up from 3.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jun 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₺6,903, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 450% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺6,740 per share.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₺6,060, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 422% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺5,735 per share.Buy Or Sell Opportunity • Mar 20Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to ₺7,495. The fair value is estimated to be ₺6,182, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Buy Or Sell Opportunity • Jan 24Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to ₺7,088. The fair value is estimated to be ₺5,752, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 65%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.お知らせ • Dec 24+ 3 more updatesDO & CO Aktiengesellschaft to Report Q1, 2026 Results on Aug 14, 2025DO & CO Aktiengesellschaft announced that they will report Q1, 2026 results on Aug 14, 2025Buy Or Sell Opportunity • Dec 16Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to ₺6,485. The fair value is estimated to be ₺5,296, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 69% over the last 3 years. Earnings per share has grown by 85%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₺5,920, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 497% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺6,168 per share.Buy Or Sell Opportunity • Aug 12Now 21% undervaluedOver the last 90 days, the stock has risen 1.4% to ₺5,315. The fair value is estimated to be ₺6,747, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 64% in the next 2 years.Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: €1.69 (vs €1.50 in 1Q 2024)First quarter 2025 results: EPS: €1.69 (up from €1.50 in 1Q 2024). Revenue: €558.3m (up 39% from 1Q 2024). Net income: €18.6m (up 20% from 1Q 2024). Profit margin: 3.3% (down from 3.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jul 01Now 8.8% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to ₺5,800. The fair value is estimated to be ₺5,332, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 54% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Reported Earnings • Jun 28Full year 2024 earnings released: EPS: €6.24 (vs €3.44 in FY 2023)Full year 2024 results: EPS: €6.24 (up from €3.44 in FY 2023). Revenue: €1.83b (up 29% from FY 2023). Net income: €66.2m (up 97% from FY 2023). Profit margin: 3.6% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 96% per year whereas the company’s share price has increased by 94% per year.Buy Or Sell Opportunity • Jun 20Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to ₺5,758. The fair value is estimated to be ₺4,709, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Buy Or Sell Opportunity • May 13Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to ₺5,238. The fair value is estimated to be ₺4,352, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: €1.63 (vs €1.16 in 3Q 2023)Third quarter 2024 results: EPS: €1.63 (up from €1.16 in 3Q 2023). Revenue: €481.6m (up 30% from 3Q 2023). Net income: €17.4m (up 54% from 3Q 2023). Profit margin: 3.6% (up from 3.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 106% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 03+ 4 more updatesDO & CO Aktiengesellschaft, Annual General Meeting, Jul 25, 2024DO & CO Aktiengesellschaft, Annual General Meeting, Jul 25, 2024.Reported Earnings • Nov 17Second quarter 2024 earnings released: EPS: €1.90 (vs €1.10 in 2Q 2023)Second quarter 2024 results: EPS: €1.90 (up from €1.10 in 2Q 2023). Revenue: €485.3m (up 28% from 2Q 2023). Net income: €20.0m (up 87% from 2Q 2023). Profit margin: 4.1% (up from 2.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 111% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 11DO & CO Aktiengesellschaft Announces Executive Board AppointmentsDO & CO Aktiengesellschaft expanded the executive board to five members and has appointed Mrs. Bettina Höfinger, Mr. M.Serdar Erden and Mr. Johannes Echeverria to the board The appointment takes effect from September 1, 2023 for a duration of three years with an option to extend for an additional 2 years, subject to mutual agreement. In this context, the mandates of the current board members have also been extended for the same duration. The new executive board is composed as follows:Attila Dogudan Chief Executive Officer (CEO) M.Serdar Erden Chief Operating Officer (COO) Johannes Echeverria Chief Financial Officer (CFO) Bettina Höfinger Chief Legal Officer (CLO)Attila Dogudan jun.Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: €1.50 (vs €0.34 in 1Q 2023)First quarter 2024 results: EPS: €1.50 (up from €0.34 in 1Q 2023). Revenue: €400.9m (up 39% from 1Q 2023). Net income: €15.5m (up 361% from 1Q 2023). Profit margin: 3.9% (up from 1.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 120% per year whereas the company’s share price has increased by 119% per year.Buying Opportunity • Aug 11Now 26% undervaluedOver the last 90 days, the stock is up 47%. The fair value is estimated to be ₺4,719, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.お知らせ • Jul 23DO & CO Aktiengesellschaft Approves Dividend for the Year 2022/2023 Year, Payable on 27 July 2023DO & CO Aktiengesellschaft at the General Meeting of Shareholders of Company held on 20 July 2023 resolved to distribute a dividend of EUR 1.00 per single share for the 2022/2023 business year. The dividend will be paid minus a capital gains tax of 27.5 %, providing there is no exemption on the levying of capital gains tax, starting on 27 July 2023, by way of a credit note at the respective custodian bank. Paying agent Erste Group Bank AG, Wien. Ex dividend trade at the Vienna Stock Exchange: starting on 24 July 2023.お知らせ • Jul 01DO & CO Aktiengesellschaft Announces Board ChangesThe supervisory board of DO & CO Aktiengesellschaft has, because of the rapid growth, resolved to expand the Executive Board to 4 members by the end of August 2023, at the latest. Mag. Gottfried Neumeister is leaving the Executive Board at his own request at the end of his term of office on 30 June 2023 but will, as an advisor, remain closely associated with the company.New Risk • Jun 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Shareholders have been diluted in the past year (5.3% increase in shares outstanding).Reported Earnings • Jun 17Full year 2023 earnings released: EPS: €3.44 (vs €1.13 in FY 2022)Full year 2023 results: EPS: €3.44 (up from €1.13 in FY 2022). Revenue: €1.44b (up 104% from FY 2022). Net income: €33.6m (up 206% from FY 2022). Profit margin: 2.3% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₺2,991, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Commercial Services industry in Asia. Total returns to shareholders of 649% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3,195 per share.Reported Earnings • Feb 20Third quarter 2023 earnings released: EPS: €1.16 (vs €0.71 in 3Q 2022)Third quarter 2023 results: EPS: €1.16 (up from €0.71 in 3Q 2022). Revenue: €371.5m (up 78% from 3Q 2022). Net income: €11.3m (up 63% from 3Q 2022). Profit margin: 3.0% (down from 3.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 07DO & CO Aktiengesellschaft announced that it has received €100 million in fundingDO & CO Aktiengesellschaft announced a private placement of 1,000 convertible bonds at an issue price of €100,000 per bond for gross proceeds of €100,000,000 on February 6, 2023. The bonds will mature on January 28, 2026.お知らせ • Jan 24+ 2 more updatesDO & CO Aktiengesellschaft to Report First Half, 2024 Results on Nov 16, 2023DO & CO Aktiengesellschaft announced that they will report first half, 2024 results on Nov 16, 2023Buying Opportunity • Jan 06Now 22% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be ₺2,122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 38% per annum over the same time period.Reported Earnings • Nov 19Second quarter 2023 earnings released: EPS: €1.10 (vs €0.58 in 2Q 2022)Second quarter 2023 results: EPS: €1.10 (up from €0.58 in 2Q 2022). Revenue: €378.9m (up 107% from 2Q 2022). Net income: €10.7m (up 91% from 2Q 2022). Profit margin: 2.8% (down from 3.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 17+ 1 more updateDO & CO Aktiengesellschaft to Report Fiscal Year 2023 Results on Jun 15, 2023DO & CO Aktiengesellschaft announced that they will report fiscal year 2023 results on Jun 15, 2023Buying Opportunity • Nov 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be ₺1,837, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 39% per annum over the same time period.Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: €0.34 (vs €0.22 in 1Q 2022)First quarter 2023 results: EPS: €0.34 (up from €0.22 in 1Q 2022). Revenue: €288.3m (up 180% from 1Q 2022). Net income: €3.35m (up 54% from 1Q 2022). Profit margin: 1.2% (down from 2.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 31%, compared to a 10% growth forecast for the industry in Turkey. 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 45% per year, which means it is well ahead of earnings.お知らせ • Aug 12DO & CO Aktiengesellschaft to Report Q3, 2023 Results on Feb 16, 2023DO & CO Aktiengesellschaft announced that they will report Q3, 2023 results on Feb 16, 2023Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₺1,281, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺1,956 per share.Buying Opportunity • Jun 29Now 23% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ₺1,861, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings is also forecast to grow by 39% per annum over the same time period.Reported Earnings • Jun 17Full year 2022 earnings released: EPS: €1.13 (vs €3.64 loss in FY 2021)Full year 2022 results: EPS: €1.13 (up from €3.64 loss in FY 2021). Revenue: €755.0m (up 198% from FY 2021). Net income: €11.0m (up €46.5m from FY 2021). Profit margin: 1.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 43%, compared to a 11% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.Buying Opportunity • Jun 10Now 24% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be ₺2,033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 32% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings is also forecast to grow by 41% per annum over the same time period.Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₺1,570, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 13x in the Commercial Services industry in Asia. Total returns to shareholders of 226% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺2,092 per share.Reported Earnings • Feb 20Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: €0.69 (up from €0.18 in 3Q 2021). Revenue: €209.0m (up 166% from 3Q 2021). Net income: €6.72m (up 291% from 3Q 2021). Profit margin: 3.2% (up from 2.2% in 3Q 2021). Revenue exceeded analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 78%, compared to a 16% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.Buying Opportunity • Feb 02Now 24% undervaluedOver the last 90 days, the stock is up 45%. The fair value is estimated to be €1,735, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 32% per annum over the last 3 years. The company has become profitable over the last year.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₺1,409, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺2,203 per share.Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₺1,130, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 121% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺1,822 per share.Reported Earnings • Nov 21Second quarter 2022 earnings released: EPS €0.55 (vs €1.55 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: €183.2m (up 132% from 2Q 2021). Net income: €5.36m (up €20.5m from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 14First quarter 2022 earnings released: EPS €0.20 (vs €2.27 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: €102.8m (up 217% from 1Q 2021). Net income: €1.96m (up €24.1m from 1Q 2021). Profit margin: 1.9% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 20Full year 2021 earnings released: €3.64 loss per share (vs €2.55 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: €253.5m (down 73% from FY 2020). Net loss: €35.5m (loss widened 43% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Mar 08New 90-day high: ₺633The company is up 29% from its price of ₺491 on 08 December 2020. The Turkish market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺685 per share.Reported Earnings • Feb 21Third quarter 2021 earnings released: EPS €0.18 (vs €0.66 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €87.3m (down 65% from 3Q 2020). Net income: €1.72m (down 73% from 3Q 2020). Profit margin: 2.0% (down from 2.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 98% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Dec 22New 90-day high: ₺536The company is up 72% from its price of ₺311 on 23 September 2020. The Turkish market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 58% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺583 per share.Reported Earnings • Nov 22Second quarter 2021 earnings released: €1.55 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: €78.9m (down 70% from 2Q 2020). Net loss: €15.1m (down 263% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 81% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 29New 90-day low: ₺297The company is down 17% from its price of ₺358 on 30 July 2020. The Turkish market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺441 per share.Is New 90 Day High Low • Sep 22New 90-day low: ₺313The company is down 13% from its price of ₺358 on 24 June 2020. The Turkish market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺437 per share.決済の安定と成長配当データの取得安定した配当: DOCOの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: DOCOの配当金は過去10年間にわたって増加しています。配当利回り対市場DO & CO 配当利回り対市場DOCO 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (DOCO)1.1%市場下位25% (TR)0.5%市場トップ25% (TR)3.1%業界平均 (Commercial Services)2.1%アナリスト予想 (DOCO) (最長3年)1.8%注目すべき配当: DOCOの配当金 ( 1.11% ) はTR市場の配当金支払者の下位 25% ( 0.46% ) よりも高くなっています。高配当: DOCOの配当金 ( 1.11% ) はTR市場の配当金支払者の上位 25% ( 3.05% ) と比較すると低いです。株主への利益配当収益カバレッジ: DOCOは低い 配当性向 ( 21.1% ) であるため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: DOCOは 現金配当性向 ( 11.6% ) が低いため、配当金の支払いはキャッシュフローによって完全にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YTR 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 16:56終値2026/05/22 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋DO & CO Aktiengesellschaft 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。16 アナリスト機関Gerhard OrgonasBerenbergChristoph GreulichBerenbergJack CummingsBerenberg13 その他のアナリストを表示
Upcoming Dividend • Jul 10Upcoming dividend of €2.00 per shareEligible shareholders must have bought the stock before 17 July 2025. Payment date: 21 July 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Turkish dividend payers (3.3%). Lower than average of industry peers (2.2%).
お知らせ • Jul 23DO & CO Aktiengesellschaft Approves Dividend for the Year 2022/2023 Year, Payable on 27 July 2023DO & CO Aktiengesellschaft at the General Meeting of Shareholders of Company held on 20 July 2023 resolved to distribute a dividend of EUR 1.00 per single share for the 2022/2023 business year. The dividend will be paid minus a capital gains tax of 27.5 %, providing there is no exemption on the levying of capital gains tax, starting on 27 July 2023, by way of a credit note at the respective custodian bank. Paying agent Erste Group Bank AG, Wien. Ex dividend trade at the Vienna Stock Exchange: starting on 24 July 2023.
New Risk • Apr 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Turkish stocks, typically moving 8.1% 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 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 (8.1% average weekly change).
お知らせ • Mar 16DO & CO Aktiengesellschaft, Annual General Meeting, Jul 23, 2026DO & CO Aktiengesellschaft, Annual General Meeting, Jul 23, 2026.
お知らせ • Mar 13+ 3 more updatesDO & CO Aktiengesellschaft to Report Fiscal Year 2026 Results on Jun 11, 2026DO & CO Aktiengesellschaft announced that they will report fiscal year 2026 results on Jun 11, 2026
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₺9,325, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Commercial Services industry in Asia. Total returns to shareholders of 354% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺9,903 per share.
Reported Earnings • Feb 18Third quarter 2026 earnings releasedThird quarter 2026 results: Revenue: €632.2m (down 2.6% from 3Q 2025). Net income: €31.1m (up 8.3% from 3Q 2025). Profit margin: 4.9% (up from 4.4% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Commercial Services industry in Asia.
Buy Or Sell Opportunity • Jan 09Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at ₺10,860. The fair value is estimated to be ₺8,812, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 41%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: €2.43 (vs €2.33 in 2Q 2025)Second quarter 2026 results: EPS: €2.43 (up from €2.33 in 2Q 2025). Revenue: €627.5m (up 6.2% from 2Q 2025). Net income: €26.7m (up 4.1% from 2Q 2025). Profit margin: 4.2% (in line with 2Q 2025). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 19First quarter 2026 earnings released: EPS: €2.44 (vs €1.69 in 1Q 2025)First quarter 2026 results: EPS: €2.44 (up from €1.69 in 1Q 2025). Revenue: €611.7m (up 11% from 1Q 2025). Net income: €26.8m (up 44% from 1Q 2025). Profit margin: 4.4% (up from 3.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₺11,158, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Commercial Services industry in Asia. Total returns to shareholders of 650% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺9,916 per share.
Upcoming Dividend • Jul 10Upcoming dividend of €2.00 per shareEligible shareholders must have bought the stock before 17 July 2025. Payment date: 21 July 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Turkish dividend payers (3.3%). Lower than average of industry peers (2.2%).
お知らせ • Jun 13DO & CO Aktiengesellschaft, Annual General Meeting, Jul 10, 2025DO & CO Aktiengesellschaft, Annual General Meeting, Jul 10, 2025.
Reported Earnings • Jun 13Full year 2025 earnings released: EPS: €8.42 (vs €6.24 in FY 2024)Full year 2025 results: EPS: €8.42 (up from €6.24 in FY 2024). Revenue: €2.30b (up 26% from FY 2024). Net income: €92.4m (up 40% from FY 2024). Profit margin: 4.0% (up from 3.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jun 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₺6,903, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 450% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺6,740 per share.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₺6,060, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 422% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺5,735 per share.
Buy Or Sell Opportunity • Mar 20Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to ₺7,495. The fair value is estimated to be ₺6,182, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Buy Or Sell Opportunity • Jan 24Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to ₺7,088. The fair value is estimated to be ₺5,752, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 65%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.
お知らせ • Dec 24+ 3 more updatesDO & CO Aktiengesellschaft to Report Q1, 2026 Results on Aug 14, 2025DO & CO Aktiengesellschaft announced that they will report Q1, 2026 results on Aug 14, 2025
Buy Or Sell Opportunity • Dec 16Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to ₺6,485. The fair value is estimated to be ₺5,296, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 69% over the last 3 years. Earnings per share has grown by 85%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₺5,920, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 497% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺6,168 per share.
Buy Or Sell Opportunity • Aug 12Now 21% undervaluedOver the last 90 days, the stock has risen 1.4% to ₺5,315. The fair value is estimated to be ₺6,747, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 64% in the next 2 years.
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: €1.69 (vs €1.50 in 1Q 2024)First quarter 2025 results: EPS: €1.69 (up from €1.50 in 1Q 2024). Revenue: €558.3m (up 39% from 1Q 2024). Net income: €18.6m (up 20% from 1Q 2024). Profit margin: 3.3% (down from 3.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jul 01Now 8.8% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to ₺5,800. The fair value is estimated to be ₺5,332, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 54% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Reported Earnings • Jun 28Full year 2024 earnings released: EPS: €6.24 (vs €3.44 in FY 2023)Full year 2024 results: EPS: €6.24 (up from €3.44 in FY 2023). Revenue: €1.83b (up 29% from FY 2023). Net income: €66.2m (up 97% from FY 2023). Profit margin: 3.6% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 96% per year whereas the company’s share price has increased by 94% per year.
Buy Or Sell Opportunity • Jun 20Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to ₺5,758. The fair value is estimated to be ₺4,709, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Buy Or Sell Opportunity • May 13Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to ₺5,238. The fair value is estimated to be ₺4,352, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: €1.63 (vs €1.16 in 3Q 2023)Third quarter 2024 results: EPS: €1.63 (up from €1.16 in 3Q 2023). Revenue: €481.6m (up 30% from 3Q 2023). Net income: €17.4m (up 54% from 3Q 2023). Profit margin: 3.6% (up from 3.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 106% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 03+ 4 more updatesDO & CO Aktiengesellschaft, Annual General Meeting, Jul 25, 2024DO & CO Aktiengesellschaft, Annual General Meeting, Jul 25, 2024.
Reported Earnings • Nov 17Second quarter 2024 earnings released: EPS: €1.90 (vs €1.10 in 2Q 2023)Second quarter 2024 results: EPS: €1.90 (up from €1.10 in 2Q 2023). Revenue: €485.3m (up 28% from 2Q 2023). Net income: €20.0m (up 87% from 2Q 2023). Profit margin: 4.1% (up from 2.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 111% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 11DO & CO Aktiengesellschaft Announces Executive Board AppointmentsDO & CO Aktiengesellschaft expanded the executive board to five members and has appointed Mrs. Bettina Höfinger, Mr. M.Serdar Erden and Mr. Johannes Echeverria to the board The appointment takes effect from September 1, 2023 for a duration of three years with an option to extend for an additional 2 years, subject to mutual agreement. In this context, the mandates of the current board members have also been extended for the same duration. The new executive board is composed as follows:Attila Dogudan Chief Executive Officer (CEO) M.Serdar Erden Chief Operating Officer (COO) Johannes Echeverria Chief Financial Officer (CFO) Bettina Höfinger Chief Legal Officer (CLO)Attila Dogudan jun.
Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: €1.50 (vs €0.34 in 1Q 2023)First quarter 2024 results: EPS: €1.50 (up from €0.34 in 1Q 2023). Revenue: €400.9m (up 39% from 1Q 2023). Net income: €15.5m (up 361% from 1Q 2023). Profit margin: 3.9% (up from 1.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 120% per year whereas the company’s share price has increased by 119% per year.
Buying Opportunity • Aug 11Now 26% undervaluedOver the last 90 days, the stock is up 47%. The fair value is estimated to be ₺4,719, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.
お知らせ • Jul 23DO & CO Aktiengesellschaft Approves Dividend for the Year 2022/2023 Year, Payable on 27 July 2023DO & CO Aktiengesellschaft at the General Meeting of Shareholders of Company held on 20 July 2023 resolved to distribute a dividend of EUR 1.00 per single share for the 2022/2023 business year. The dividend will be paid minus a capital gains tax of 27.5 %, providing there is no exemption on the levying of capital gains tax, starting on 27 July 2023, by way of a credit note at the respective custodian bank. Paying agent Erste Group Bank AG, Wien. Ex dividend trade at the Vienna Stock Exchange: starting on 24 July 2023.
お知らせ • Jul 01DO & CO Aktiengesellschaft Announces Board ChangesThe supervisory board of DO & CO Aktiengesellschaft has, because of the rapid growth, resolved to expand the Executive Board to 4 members by the end of August 2023, at the latest. Mag. Gottfried Neumeister is leaving the Executive Board at his own request at the end of his term of office on 30 June 2023 but will, as an advisor, remain closely associated with the company.
New Risk • Jun 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Shareholders have been diluted in the past year (5.3% increase in shares outstanding).
Reported Earnings • Jun 17Full year 2023 earnings released: EPS: €3.44 (vs €1.13 in FY 2022)Full year 2023 results: EPS: €3.44 (up from €1.13 in FY 2022). Revenue: €1.44b (up 104% from FY 2022). Net income: €33.6m (up 206% from FY 2022). Profit margin: 2.3% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₺2,991, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Commercial Services industry in Asia. Total returns to shareholders of 649% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺3,195 per share.
Reported Earnings • Feb 20Third quarter 2023 earnings released: EPS: €1.16 (vs €0.71 in 3Q 2022)Third quarter 2023 results: EPS: €1.16 (up from €0.71 in 3Q 2022). Revenue: €371.5m (up 78% from 3Q 2022). Net income: €11.3m (up 63% from 3Q 2022). Profit margin: 3.0% (down from 3.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 07DO & CO Aktiengesellschaft announced that it has received €100 million in fundingDO & CO Aktiengesellschaft announced a private placement of 1,000 convertible bonds at an issue price of €100,000 per bond for gross proceeds of €100,000,000 on February 6, 2023. The bonds will mature on January 28, 2026.
お知らせ • Jan 24+ 2 more updatesDO & CO Aktiengesellschaft to Report First Half, 2024 Results on Nov 16, 2023DO & CO Aktiengesellschaft announced that they will report first half, 2024 results on Nov 16, 2023
Buying Opportunity • Jan 06Now 22% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be ₺2,122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings is also forecast to grow by 38% per annum over the same time period.
Reported Earnings • Nov 19Second quarter 2023 earnings released: EPS: €1.10 (vs €0.58 in 2Q 2022)Second quarter 2023 results: EPS: €1.10 (up from €0.58 in 2Q 2022). Revenue: €378.9m (up 107% from 2Q 2022). Net income: €10.7m (up 91% from 2Q 2022). Profit margin: 2.8% (down from 3.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 17+ 1 more updateDO & CO Aktiengesellschaft to Report Fiscal Year 2023 Results on Jun 15, 2023DO & CO Aktiengesellschaft announced that they will report fiscal year 2023 results on Jun 15, 2023
Buying Opportunity • Nov 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be ₺1,837, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 39% per annum over the same time period.
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: €0.34 (vs €0.22 in 1Q 2022)First quarter 2023 results: EPS: €0.34 (up from €0.22 in 1Q 2022). Revenue: €288.3m (up 180% from 1Q 2022). Net income: €3.35m (up 54% from 1Q 2022). Profit margin: 1.2% (down from 2.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 31%, compared to a 10% growth forecast for the industry in Turkey. 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 45% per year, which means it is well ahead of earnings.
お知らせ • Aug 12DO & CO Aktiengesellschaft to Report Q3, 2023 Results on Feb 16, 2023DO & CO Aktiengesellschaft announced that they will report Q3, 2023 results on Feb 16, 2023
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₺1,281, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺1,956 per share.
Buying Opportunity • Jun 29Now 23% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ₺1,861, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings is also forecast to grow by 39% per annum over the same time period.
Reported Earnings • Jun 17Full year 2022 earnings released: EPS: €1.13 (vs €3.64 loss in FY 2021)Full year 2022 results: EPS: €1.13 (up from €3.64 loss in FY 2021). Revenue: €755.0m (up 198% from FY 2021). Net income: €11.0m (up €46.5m from FY 2021). Profit margin: 1.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 43%, compared to a 11% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
Buying Opportunity • Jun 10Now 24% undervaluedOver the last 90 days, the stock is up 22%. The fair value is estimated to be ₺2,033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 32% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings is also forecast to grow by 41% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₺1,570, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 13x in the Commercial Services industry in Asia. Total returns to shareholders of 226% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺2,092 per share.
Reported Earnings • Feb 20Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: €0.69 (up from €0.18 in 3Q 2021). Revenue: €209.0m (up 166% from 3Q 2021). Net income: €6.72m (up 291% from 3Q 2021). Profit margin: 3.2% (up from 2.2% in 3Q 2021). Revenue exceeded analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 78%, compared to a 16% growth forecast for the industry in Turkey. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings.
Buying Opportunity • Feb 02Now 24% undervaluedOver the last 90 days, the stock is up 45%. The fair value is estimated to be €1,735, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 32% per annum over the last 3 years. The company has become profitable over the last year.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₺1,409, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺2,203 per share.
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₺1,130, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 121% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₺1,822 per share.
Reported Earnings • Nov 21Second quarter 2022 earnings released: EPS €0.55 (vs €1.55 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: €183.2m (up 132% from 2Q 2021). Net income: €5.36m (up €20.5m from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 14First quarter 2022 earnings released: EPS €0.20 (vs €2.27 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: €102.8m (up 217% from 1Q 2021). Net income: €1.96m (up €24.1m from 1Q 2021). Profit margin: 1.9% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 20Full year 2021 earnings released: €3.64 loss per share (vs €2.55 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: €253.5m (down 73% from FY 2020). Net loss: €35.5m (loss widened 43% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Mar 08New 90-day high: ₺633The company is up 29% from its price of ₺491 on 08 December 2020. The Turkish market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺685 per share.
Reported Earnings • Feb 21Third quarter 2021 earnings released: EPS €0.18 (vs €0.66 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €87.3m (down 65% from 3Q 2020). Net income: €1.72m (down 73% from 3Q 2020). Profit margin: 2.0% (down from 2.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 98% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Dec 22New 90-day high: ₺536The company is up 72% from its price of ₺311 on 23 September 2020. The Turkish market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 58% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺583 per share.
Reported Earnings • Nov 22Second quarter 2021 earnings released: €1.55 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: €78.9m (down 70% from 2Q 2020). Net loss: €15.1m (down 263% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 81% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 29New 90-day low: ₺297The company is down 17% from its price of ₺358 on 30 July 2020. The Turkish market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺441 per share.
Is New 90 Day High Low • Sep 22New 90-day low: ₺313The company is down 13% from its price of ₺358 on 24 June 2020. The Turkish market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₺437 per share.