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2142.HK$11.14-4.70%
Fair $11.14+0.0%

2142.HK

HBM Holdings Limited

Healthcare / BiotechnologyHKSE

$11.14

-0.55 (-4.70%)

Fairly Valued+0.0%Fair Value $11.14Fund rank 29/100 · Data gapFallback financials|
SA 65/B
F-Score: 7/9

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 34% · confianza 20%

FCF escenarios

weak_data · normalized FCF $30.4M · quality 52.0/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 25/100Data 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

65/100

B

Piotroski

7/9

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 · 2142.HKLocal privado en este navegador · HBM 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

$9.3B

P/E

11.9x

↓

EV/EBITDA

88.8x

↑

ROE

24.9%

↑

Gross Margin

94.5%

↑

Debt/Equity

0.22

↓
52-Week Range$11
$8$18

TradingView lightweight chart

2142.HK price, volumen y niveles de valoración

Último $11.14Periodo +1.1%
Fair value: $11.14

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

+57.2%

FCF CAGR

—

FCF margin

44.0%

FCF / Net income

0.76x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $158.0M · net income $91.3M · FCF $69.6M

2022-FY → 2025-FY

Gross margin

94.5%-5.2% pts

Operating margin

52.1%+350.5% pts

Net margin

57.8%+395.3% pts

FCF margin

44.0%+335.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$158.0M$158.0M$38.1M$89.5M$40.7M
Net Income$91.3M$91.3M$2.8M$22.8M$-137.2M
EBITDA$98.1M$98.1M$10.1M$31.2M$-127.0M
EPS0.120.120.000.03-0.19
Gross Margin94.5%94.5%88.2%97.7%99.7%
Operating Margin52.1%52.1%-5.7%25.3%-298.4%
Net Margin57.8%57.8%7.3%25.5%-337.5%
Balance Sheet
Debt/Equity0.220.220.490.550.98
Current Ratio5.175.17———
Cash Flow
Free Cash Flow$69.6M$69.6M$30.4M$-21.6M$-118.4M
Returns
ROE24.9%24.9%2.2%19.0%-147.8%
Valuation
P/E11.8511.85562.1657.33—
EV/EBITDA88.7988.79148.3038.57—
P/B24.6024.6012.9110.6425.46
Growth & Yield
Revenue Growth314.6%314.6%-57.4%120.1%—
EPS Growth3143.2%3143.2%-87.7%115.8%—

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

102.0%

muy exigente

EPS terminal req.

$0.99

Spread vs growth

3041.3%

5Y implied EPS CAGR

58.4%

muy exigente

EPS terminal req.

$1.20

Spread vs growth

3084.9%

10Y implied EPS CAGR

32.0%

muy exigente

EPS terminal req.

$1.93

Spread vs growth

3111.2%

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 +26.4%

Total return

+26.4%

Start / end P/E

2381.1x → 92.8x

EPS bridge

0.00 → 0.12

Residual

-3020.7%

EPS growth+3143.2%
Multiple rerating-96.1%
Dividend+0.0%
Residual / FX / buybacks / cross-term-3020.7%

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.