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v0.1
2108.HK$0.47-6.00%
Fair $0.47+0.0%

2108.HK

K2 F&B Holdings Limited

Consumer Cyclical / RestaurantsHKSE

$0.47

-0.03 (-6.00%)

Fairly Valued+0.0%Fair Value $0.47Fund rank 35/100 · Data gapFallback financials|
SA 50/C
F-Score: 5/9

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 $6.1M · quality 70.3/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 79/100Data 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

50/100

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: 0unknown: 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.
Thesis & Journal · 2108.HKLocal privado en este navegador · K2 F&B 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

$376M

P/E

6.7x

↓

EV/EBITDA

25.4x

↑

ROE

9.7%

↑

Gross Margin

45.9%

↑

Debt/Equity

0.97

↑
52-Week Range$0
$0$1

TradingView lightweight chart

2108.HK price, volumen y niveles de valoración

Último $0.470Periodo -29.9%
Fair value: $0.470

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

+2.9%

FCF CAGR

+11.1%

FCF margin

16.3%

FCF / Net income

0.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $51.5M · net income $9.6M · FCF $8.4M

2022-FY → 2025-FY

Gross margin

45.9%+5.4% pts

Operating margin

9.1%-2.3% pts

Net margin

18.6%+6.6% pts

FCF margin

16.3%+3.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$51.5M$51.5M$57.2M$55.7M$47.3M
Net Income$9.6M$9.6M$2.8M$7.3M$5.7M
EBITDA$18.4M$18.4M$12.0M$15.7M$11.3M
EPS——0.000.010.01
Gross Margin45.9%45.9%40.3%37.4%40.5%
Operating Margin9.1%9.1%7.1%5.6%11.4%
Net Margin18.6%18.6%4.9%13.1%12.0%
Balance Sheet
Debt/Equity0.970.971.171.161.35
Current Ratio0.960.96———
Cash Flow
Free Cash Flow$8.4M$8.4M$6.1M$5.3M$6.1M
Returns
ROE9.7%9.7%3.2%8.5%7.3%
Valuation
P/E6.716.7162.8617.3623.94
EV/EBITDA25.3925.3922.7213.9720.74
P/B3.813.811.971.461.75
Growth & Yield
Revenue Growth-9.9%-9.9%2.6%17.9%—
EPS Growth——-61.5%28.2%—
Dividend Yield3.8%3.8%———

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 +103.8%

Total return

+103.8%

Start / end P/E

n/dx → n/dx

EPS bridge

0.00 → n/d

Residual

+100.0%

EPS growthn/d
Multiple reratingn/d
Dividend+3.8%
Residual / FX / buybacks / cross-term+100.0%

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.