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1439.TW$25.60+0.00%
Fair $25.60+0.0%

1439.TW

Ascent Development Co., Ltd.

Consumer Cyclical / Textile ManufacturingTaiwan

$25.60

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $25.60Fund rank 22/100 · Data gapFallback financials|
SA 28/D
F-Score: 3/9
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 16%

FCF escenarios

weak_data · normalized FCF $-312.4M · quality 38.0/100

Data gap 22/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 5/100Data 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

28/100

D

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: 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. Revenue has declined for 3 consecutive years
Thesis & Journal · 1439.TWLocal privado en este navegador · Ascent Development 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

$2.4B

P/E

8.0x

↓

EV/EBITDA

18.1x

↑

ROE

5.8%

↑

Gross Margin

43.1%

↑

Debt/Equity

0.74

↑
52-Week Range$26
$25$32

TradingView lightweight chart

1439.TW price, volumen y niveles de valoración

Último $25.60Periodo +139.3%
Fair value: $25.60

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

-45.8%

FCF CAGR

—

FCF margin

-318.3%

FCF / Net income

-1.95x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $98.1M · net income $160.5M · FCF $-312.4M

2021-FY → 2024-FY

Gross margin

43.1%+25.2% pts

Operating margin

-26.3%-31.7% pts

Net margin

163.6%+142.7% pts

FCF margin

-318.3%-285.5% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$98.1M$98.1M$199.2M$570.2M$615.5M
Net Income$160.5M$160.5M$184.4M$92.2M$128.3M
EBITDA$216.0M$216.0M$234.5M$195.4M$215.8M
EPS1.741.742.001.141.53
Gross Margin43.1%43.1%27.7%21.8%17.9%
Operating Margin-26.3%-26.3%-6.6%7.2%5.5%
Net Margin163.6%163.6%92.6%16.2%20.8%
Balance Sheet
Debt/Equity0.740.740.750.830.52
Current Ratio1.671.67———
Cash Flow
Free Cash Flow$-312.4M$-312.4M$-55.9M$-619.2M$-202.0M
Returns
ROE5.8%5.8%7.2%4.1%4.9%
Valuation
P/E7.987.9812.1518.6415.26
EV/EBITDA18.1318.1315.1617.0211.84
P/B0.850.850.870.860.82
Growth & Yield
Revenue Growth-50.7%-50.7%-65.1%-7.4%—
EPS Growth-13.0%-13.0%75.4%-25.5%—
Dividend Yield1.2%1.2%———

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

9.3%

razonable

EPS terminal req.

$2.27

Spread vs growth

-22.3%

5Y implied EPS CAGR

9.6%

razonable

EPS terminal req.

$2.75

Spread vs growth

-22.6%

10Y implied EPS CAGR

9.8%

razonable

EPS terminal req.

$4.43

Spread vs growth

-22.8%

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 -17.4%

Total return

-17.4%

Start / end P/E

15.7x → 14.7x

EPS bridge

2.00 → 1.74

Residual

+0.8%

EPS growth-13.0%
Multiple rerating-6.4%
Dividend+1.2%
Residual / FX / buybacks / cross-term+0.8%

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.