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1233.TW$27.60-0.72%
Fair $27.60+0.0%

1233.TW

Ten Ren Tea Co., Ltd.

Consumer Defensive / Packaged FoodsTaiwan

$27.60

-0.20 (-0.72%)

Fairly Valued+0.0%Fair Value $27.60Fund rank 38/100 · Data gapFallback financials|
SA 35/D
F-Score: 6/9

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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $189.5M · quality 81.0/100

Data gap 38/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 85/100Data 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

35/100

D

Piotroski

6/9

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 · 1233.TWLocal privado en este navegador · Ten Ren Tea 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

$2.5B

P/E

36.8x

↑

EV/EBITDA

10.7x

↑

ROE

5.0%

↓

Gross Margin

59.8%

↑

Debt/Equity

0.37

↑
52-Week Range$28
$28$34

TradingView lightweight chart

1233.TW price, volumen y niveles de valoración

Último $27.60Periodo +234.5%
Fair value: $27.60

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

+5.6%

FCF CAGR

+5.8%

FCF margin

7.8%

FCF / Net income

2.48x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.16B · net income $67.9M · FCF $168.5M

2022-FY → 2025-FY

Gross margin

59.8%+3.8% pts

Operating margin

3.3%+2.3% pts

Net margin

3.1%+0.4% pts

FCF margin

7.8%+0.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.16B$2.16B$2.20B$2.11B$1.84B
Net Income$67.9M$67.9M$88.2M$95.7M$51.2M
EBITDA$264.8M$264.8M$286.6M$290.2M$223.8M
EPS——0.971.060.57
Gross Margin59.8%59.8%58.7%57.9%56.0%
Operating Margin3.3%3.3%3.8%4.8%1.0%
Net Margin3.1%3.1%4.0%4.5%2.8%
Balance Sheet
Debt/Equity0.370.370.380.360.37
Current Ratio1.261.26———
Cash Flow
Free Cash Flow$168.5M$168.5M$189.5M$217.9M$142.4M
Returns
ROE5.0%5.0%6.0%6.4%3.4%
Valuation
P/E36.8036.8031.0333.0256.49
EV/EBITDA10.7510.7510.8112.1614.63
P/B1.851.851.872.141.96
Growth & Yield
Revenue Growth-1.6%-1.6%4.1%15.0%—
EPS Growth——-8.5%86.0%—
Dividend Yield0.7%0.7%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 -15.0%

Total return

-15.0%

Start / end P/E

n/dx → n/dx

EPS bridge

0.97 → n/d

Residual

-15.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.7%
Residual / FX / buybacks / cross-term-15.7%

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.