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0826.HK$3.44+0.58%
Fair $3.44+0.0%

0826.HK

Tiangong International Company Limited

Basic Materials / SteelHKSE

$3.44

+0.02 (+0.58%)

Fairly Valued+0.0%Fair Value $3.44Fund rank 24/100 · Data gapFallback financials|
SA 40/C
F-Score: 5/9
Declining Revenue

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 17%

FCF escenarios

weak_data · normalized FCF $-34.3M · quality 39.7/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 12/100Data 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

40/100

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: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. Revenue has declined for 2 consecutive years
Thesis & Journal · 0826.HKLocal privado en este navegador · Tiangong International Company 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

$9.4B

P/E

20.2x

↑

EV/EBITDA

11.4x

↑

ROE

5.4%

↑

Gross Margin

20.2%

↑

Debt/Equity

0.46

↑
52-Week Range$3
$2$4

TradingView lightweight chart

0826.HK price, volumen y niveles de valoración

Último $3.440Periodo +19.0%
Fair value: $3.440

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

-2.3%

FCF CAGR

—

FCF margin

-0.7%

FCF / Net income

-0.09x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.72B · net income $400.2M · FCF $-34.3M

2022-FY → 2025-FY

Gross margin

20.2%-2.5% pts

Operating margin

9.6%-0.4% pts

Net margin

8.5%-1.5% pts

FCF margin

-0.7%+3.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.72B$4.72B$4.83B$5.16B$5.07B
Net Income$400.2M$400.2M$358.8M$370.2M$503.5M
EBITDA$1.03B$1.03B$980.6M$1.05B$1.03B
EPS0.150.150.130.130.18
Gross Margin20.2%20.2%20.4%22.1%22.7%
Operating Margin9.6%9.6%8.7%10.9%9.9%
Net Margin8.5%8.5%7.4%7.2%9.9%
Balance Sheet
Debt/Equity0.460.460.460.410.42
Current Ratio1.751.75———
Cash Flow
Free Cash Flow$-34.3M$-34.3M$212.5M$-244.0M$-233.4M
Returns
ROE5.4%5.4%5.1%5.2%7.3%
Valuation
P/E20.2420.2413.8914.7415.75
EV/EBITDA11.3811.387.357.239.35
P/B1.261.260.700.771.16
Growth & Yield
Revenue Growth-2.3%-2.3%-6.4%1.9%—
EPS Growth12.2%12.2%-1.5%-26.5%—
Dividend Yield1.7%1.7%———

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

27.6%

muy exigente

EPS terminal req.

$0.31

Spread vs growth

-15.4%

5Y implied EPS CAGR

20.2%

exigente

EPS terminal req.

$0.37

Spread vs growth

-8.0%

10Y implied EPS CAGR

15.0%

exigente

EPS terminal req.

$0.59

Spread vs growth

-2.8%

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 +84.6%

Total return

+84.6%

Start / end P/E

14.4x → 23.4x

EPS bridge

0.13 → 0.15

Residual

+7.7%

EPS growth+12.2%
Multiple rerating+63.1%
Dividend+1.7%
Residual / FX / buybacks / cross-term+7.7%

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.