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104040.KQ$2110.00+2.93%
Fair $2110.00+0.0%

104040.KQ

DSM Corporation

Consumer Cyclical / Auto PartsKOSDAQ

$2110.00

+60.00 (+2.93%)

Fairly Valued+0.0%Fair Value $2110.00Fund rank 27/100 · Data gapFallback financials|
SA 19/F
F-Score: 4/9
Low Profitability

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 20%

FCF escenarios

weak_data · normalized FCF $-9.3B · quality 52.3/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 26/100Data 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

19/100

F

Piotroski

4/9

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. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is 1.8%, below the 5% threshold
Thesis & Journal · 104040.KQLocal privado en este navegador · DSM Corporation
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

$56.3B

P/E

22.2x

↑

EV/EBITDA

15.4x

↑

ROE

1.8%

↓

Gross Margin

58.0%

↑

Debt/Equity

0.77

↑
52-Week Range$2110
$1980$7275

TradingView lightweight chart

104040.KQ price, volumen y niveles de valoración

Último $2,110Periodo -9.4%
Fair value: $2,110

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

+1.5%

FCF CAGR

—

FCF margin

-78.2%

FCF / Net income

-11.05x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $28.48B · net income $2.02B · FCF $-22.27B

2022-FY → 2025-FY

Gross margin

58.0%+48.8% pts

Operating margin

-27.8%-19.3% pts

Net margin

7.1%+18.4% pts

FCF margin

-78.2%-73.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$28.48B$28.48B$16.20B$29.40B$27.26B
Net Income$2.02B$2.02B$-6.39B$-2.06B$-3.09B
EBITDA$8.12B$8.12B$-2.45B$1.17B$-741.9M
EPS95.0095.00-350.00-335.00-505.00
Gross Margin58.0%58.0%94.0%7.8%9.2%
Operating Margin-27.8%-27.8%-39.0%-6.9%-8.5%
Net Margin7.1%7.1%-39.4%-7.0%-11.3%
Balance Sheet
Debt/Equity0.770.770.980.300.38
Current Ratio0.520.52———
Cash Flow
Free Cash Flow$-22.27B$-22.27B$-9.32B$-3.57B$-1.34B
Returns
ROE1.8%1.8%-11.6%-4.1%-6.0%
Valuation
P/E22.2122.21———
EV/EBITDA15.4015.40—41.57—
P/B0.390.391.430.750.95
Growth & Yield
Revenue Growth75.8%75.8%-44.9%7.9%—
EPS Growth127.1%127.1%-4.5%33.7%—

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

25.4%

muy exigente

EPS terminal req.

$187.23

Spread vs growth

101.8%

5Y implied EPS CAGR

19.0%

exigente

EPS terminal req.

$226.55

Spread vs growth

108.2%

10Y implied EPS CAGR

14.4%

razonable

EPS terminal req.

$364.85

Spread vs growth

112.7%

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 -61.0%

Total return

-61.0%

Start / end P/E

n/dx → n/dx

EPS bridge

-350.00 → 95.00

Residual

-61.0%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-61.0%

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.