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1692.HK$1.60+0.00%
Fair $1.60+0.0%

1692.HK

Town Ray Holdings Limited

Technology / Consumer ElectronicsHKSE

$1.60

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $1.60Fund rank 28/100 · Data gapFallback financials|
SA 43/C
F-Score: 2/9
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 19%

FCF escenarios

weak_data · normalized FCF $148.3M · quality 49.0/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 21/100Data 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

43/100

C

Piotroski

2/9

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 holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. Revenue has declined for 2 consecutive years
Thesis & Journal · 1692.HKLocal privado en este navegador · Town Ray 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

$574M

P/E

9.4x

↓

EV/EBITDA

3.6x

↓

ROE

30.3%

↑

Gross Margin

32.9%

↑

Debt/Equity

0.25

↑
52-Week Range$2
$1$3

TradingView lightweight chart

1692.HK price, volumen y niveles de valoración

Último $1.600Periodo +86.0%
Fair value: $1.600

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

-2.7%

FCF CAGR

—

FCF margin

-3.1%

FCF / Net income

-0.21x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $703.6M · net income $107.6M · FCF $-22.1M

2021-FY → 2024-FY

Gross margin

32.9%+4.0% pts

Operating margin

16.8%+0.7% pts

Net margin

15.3%+1.3% pts

FCF margin

-3.1%-0.2% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$703.6M$703.6M$704.4M$823.7M$763.1M
Net Income$107.6M$107.6M$122.2M$134.3M$106.5M
EBITDA$163.8M$163.8M$178.1M$192.9M$152.6M
EPS0.300.300.340.370.30
Gross Margin32.9%32.9%34.8%31.9%29.0%
Operating Margin16.8%16.8%19.1%19.2%16.1%
Net Margin15.3%15.3%17.3%16.3%14.0%
Balance Sheet
Debt/Equity0.250.250.100.170.35
Current Ratio1.971.97———
Cash Flow
Free Cash Flow$-22.1M$-22.1M$183.1M$148.3M$-22.8M
Returns
ROE30.3%30.3%35.5%38.4%32.1%
Valuation
P/E9.419.419.315.616.67
EV/EBITDA3.583.585.533.454.47
P/B1.621.623.302.152.14
Growth & Yield
Revenue Growth-0.1%-0.1%-14.5%7.9%—
EPS Growth-12.0%-12.0%-9.0%26.1%—
Dividend Yield9.1%9.1%———

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

-22.0%

fácil

EPS terminal req.

$0.14

Spread vs growth

10.1%

5Y implied EPS CAGR

-10.5%

fácil

EPS terminal req.

$0.17

Spread vs growth

-1.4%

10Y implied EPS CAGR

-0.8%

fácil

EPS terminal req.

$0.28

Spread vs growth

-11.2%

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 -26.9%

Total return

-26.9%

Start / end P/E

7.3x → 5.3x

EPS bridge

0.34 → 0.30

Residual

+3.3%

EPS growth-12.0%
Multiple rerating-27.3%
Dividend+9.1%
Residual / FX / buybacks / cross-term+3.3%

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.