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0482.HK$0.75-1.32%
Fair $0.75+0.0%

0482.HK

Sandmartin International Holdings Limited

Technology / Communication EquipmentHKSE

$0.75

-0.01 (-1.32%)

Fairly Valued+0.0%Fair Value $0.75Fund rank 26/100 · Data gapFallback financials|
SA 17/F
F-Score: 3/9
Declining RevenueMargin Compression

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 $-1.2M · quality 45.3/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data 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

17/100

F

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. Revenue has declined for 3 consecutive years Operating margin has declined for 3 consecutive years
Thesis & Journal · 0482.HKLocal privado en este navegador · Sandmartin International Holdings Limited
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

$184M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

71.7%

↑

Gross Margin

10.0%

↓

Debt/Equity

-2.41

↓
52-Week Range$1
$1$1

TradingView lightweight chart

0482.HK price, volumen y niveles de valoración

Último $0.740Periodo -99.1%
Fair value: $0.750

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2025 · 4 años de histórico normalizado

Revenue CAGR

-16.5%

FCF CAGR

—

FCF margin

3.1%

FCF / Net income

-0.12x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $449.7M · net income $-114.6M · FCF $14.2M

2021-FY → 2025-FY

Gross margin

10.0%-3.1% pts

Operating margin

-31.6%-25.3% pts

Net margin

-25.5%-22.7% pts

FCF margin

3.1%+3.3% pts
MetricTTM
2025
2023
2022
2021
Income Statement
Revenue$449.7M$449.7M$562.0M$746.0M$926.5M
Net Income$-114.6M$-114.6M$-126.6M$-77.5M$-25.4M
EBITDA$-100.2M$-100.2M$-95.1M$-23.1M$30.5M
EPS-0.85-0.85-1.35-1.44—
Gross Margin10.0%10.0%13.1%10.7%13.1%
Operating Margin-31.6%-31.6%-14.9%-6.4%-6.3%
Net Margin-25.5%-25.5%-22.5%-10.4%-2.7%
Balance Sheet
Debt/Equity-2.41-2.41-7.22-14.377.07
Current Ratio0.490.49———
Cash Flow
Free Cash Flow$14.2M$14.2M$-90.2M$-1.2M$-995000.00
Returns
ROE71.7%71.7%216.9%300.9%-46.0%
Growth & Yield
Revenue Growth-20.0%-20.0%-24.7%-19.5%—
EPS Growth36.9%36.9%6.4%——

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

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 -7.6%

Total return

-7.6%

Start / end P/E

n/dx → n/dx

EPS bridge

-1.35 → -0.85

Residual

-7.6%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-7.6%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.