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002825.SZ$10.13-2.13%
Fair $10.13+0.0%

002825.SZ

Shanghai NAR Industrial Co., Ltd

Industrials / Specialty Business ServicesShenzhen

$10.13

-0.22 (-2.13%)

Fairly Valued+0.0%Fair Value $10.13Fund rank 26/100 · Data gapFallback financials|
SA 44/C
F-Score: 5/9

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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $9.9M · quality 44.3/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 13/100Data 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

44/100

C

Piotroski

5/9

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 · 002825.SZLocal privado en este navegador · Shanghai NAR Industrial 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

$3.5B

P/E

37.5x

↑

EV/EBITDA

12.4x

↑

ROE

8.9%

↑

Gross Margin

19.7%

↓

Debt/Equity

0.21

↓
52-Week Range$10
$9$14

TradingView lightweight chart

002825.SZ price, volumen y niveles de valoración

Último $10.35Periodo +93.9%
Fair value: $10.13

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

+7.0%

FCF CAGR

—

FCF margin

-4.9%

FCF / Net income

-0.69x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.98B · net income $140.9M · FCF $-97.6M

2022-FY → 2025-FY

Gross margin

19.7%+1.3% pts

Operating margin

4.7%-1.4% pts

Net margin

7.1%-14.6% pts

FCF margin

-4.9%+2.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.98B$1.98B$1.90B$1.49B$1.62B
Net Income$140.9M$140.9M$126.3M$100.2M$352.0M
EBITDA$247.0M$247.0M$199.1M$159.2M$474.6M
EPS0.420.420.380.301.04
Gross Margin19.7%19.7%17.1%17.3%18.5%
Operating Margin4.7%4.7%4.2%5.0%6.1%
Net Margin7.1%7.1%6.6%6.7%21.7%
Balance Sheet
Debt/Equity0.210.210.170.180.09
Current Ratio1.441.44———
Cash Flow
Free Cash Flow$-97.6M$-97.6M$13.8M$9.9M$-123.7M
Returns
ROE8.9%8.9%8.3%6.9%25.5%
Valuation
P/E37.5237.5219.6127.678.58
EV/EBITDA12.4112.4110.7715.535.67
P/B2.142.141.631.922.19
Growth & Yield
Revenue Growth4.3%4.3%27.7%-8.1%—
EPS Growth10.5%10.5%26.7%-71.2%—
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

28.9%

muy exigente

EPS terminal req.

$0.90

Spread vs growth

-18.3%

5Y implied EPS CAGR

21.0%

exigente

EPS terminal req.

$1.09

Spread vs growth

-10.4%

10Y implied EPS CAGR

15.4%

exigente

EPS terminal req.

$1.75

Spread vs growth

-4.8%

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 -4.5%

Total return

-4.5%

Start / end P/E

28.7x → 24.1x

EPS bridge

0.38 → 0.42

Residual

-1.7%

EPS growth+10.5%
Multiple rerating-15.8%
Dividend+2.5%
Residual / FX / buybacks / cross-term-1.7%

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.