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002034.SZ$20.00+3.25%
Fair $20.00+0.0%

002034.SZ

Wangneng Environment Co.,Ltd

Industrials / Waste ManagementShenzhen

$20.00

+0.63 (+3.25%)

Fairly Valued+0.0%Fair Value $20.00Fund rank 30/100 · Data gapFallback financials|
SA 61/B
F-Score: 8/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 22%

FCF escenarios

weak_data · normalized FCF $795.7M · quality 54.0/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 36/100Data 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

61/100

B

Piotroski

8/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · 002034.SZLocal privado en este navegador · Wangneng Environment Co.,Ltd
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

$10.3B

P/E

13.1x

↓

EV/EBITDA

7.5x

↓

ROE

10.0%

↑

Gross Margin

41.8%

↑

Debt/Equity

0.67

↑
52-Week Range$20
$16$24

TradingView lightweight chart

002034.SZ price, volumen y niveles de valoración

Último $20.00Periodo +399.2%
Fair value: $20.00

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

-1.1%

FCF CAGR

—

FCF margin

35.9%

FCF / Net income

1.62x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.24B · net income $721.2M · FCF $1.17B

2022-FY → 2025-FY

Gross margin

41.8%+5.4% pts

Operating margin

35.3%+4.0% pts

Net margin

22.2%+0.5% pts

FCF margin

35.9%+39.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.24B$3.24B$3.17B$3.18B$3.35B
Net Income$721.2M$721.2M$560.9M$602.4M$727.8M
EBITDA$1.82B$1.82B$1.63B$1.58B$1.67B
EPS1.541.541.211.291.54
Gross Margin41.8%41.8%38.5%37.3%36.4%
Operating Margin35.3%35.3%31.6%31.9%31.3%
Net Margin22.2%22.2%17.7%19.0%21.7%
Balance Sheet
Debt/Equity0.670.670.860.920.98
Current Ratio0.760.76———
Cash Flow
Free Cash Flow$1.17B$1.17B$795.7M$247.9M$-115.6M
Returns
ROE10.0%10.0%8.4%9.4%12.0%
Valuation
P/E13.0713.0712.3112.2211.94
EV/EBITDA7.507.507.338.148.24
P/B1.301.301.031.141.43
Growth & Yield
Revenue Growth2.2%2.2%-0.2%-5.1%—
EPS Growth27.3%27.3%-6.2%-16.2%—
Dividend Yield2.5%2.5%———

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

4.8%

fácil

EPS terminal req.

$1.77

Spread vs growth

22.4%

5Y implied EPS CAGR

6.9%

razonable

EPS terminal req.

$2.15

Spread vs growth

20.4%

10Y implied EPS CAGR

8.4%

razonable

EPS terminal req.

$3.46

Spread vs growth

18.8%

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 +15.0%

Total return

+15.0%

Start / end P/E

14.7x → 13.0x

EPS bridge

1.21 → 1.54

Residual

-3.2%

EPS growth+27.3%
Multiple rerating-11.6%
Dividend+2.5%
Residual / FX / buybacks / cross-term-3.2%

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.