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2149.HK$40.50+0.55%
Fair $40.50+0.0%

2149.HK

BaTeLab Co., Ltd.

Technology / Semiconductor Equipment & MaterialsHKSE

$40.50

+0.22 (+0.55%)

Fairly Valued+0.0%Fair Value $40.50Fund rank 27/100 · Data gapFallback financials|
SA 52/C
F-Score: 3/9

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 21%

FCF escenarios

weak_data · normalized FCF $-26.9M · quality 57.3/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 24/100Data 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

52/100

C

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: 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 · 2149.HKLocal privado en este navegador · BaTeLab 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

$2.6B

P/E

17.8x

↓

EV/EBITDA

16.0x

↑

ROE

9.5%

↑

Gross Margin

51.7%

↑

Debt/Equity

0.19

↓
52-Week Range$41
$30$80

TradingView lightweight chart

2149.HK price, volumen y niveles de valoración

Último $40.50Periodo +78.4%
Fair value: $40.50

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

+18.3%

FCF CAGR

—

FCF margin

-18.9%

FCF / Net income

-0.91x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $584.1M · net income $122.0M · FCF $-110.7M

2022-FY → 2025-FY

Gross margin

51.7%-4.8% pts

Operating margin

21.9%-3.4% pts

Net margin

20.9%-6.1% pts

FCF margin

-18.9%-4.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$584.1M$584.1M$578.8M$463.9M$352.5M
Net Income$122.0M$122.0M$166.6M$109.2M$95.3M
EBITDA$140.1M$140.1M$182.4M$119.0M$101.9M
EPS——2.782.421.59
Gross Margin51.7%51.7%53.0%55.4%56.5%
Operating Margin21.9%21.9%26.2%24.0%25.3%
Net Margin20.9%20.9%28.8%23.5%27.0%
Balance Sheet
Debt/Equity0.190.190.320.220.26
Current Ratio2.872.87———
Cash Flow
Free Cash Flow$-110.7M$-110.7M$-26.9M$-13.4M$-50.1M
Returns
ROE9.5%9.5%16.6%13.0%24.1%
Valuation
P/E17.7617.769.3310.37—
EV/EBITDA16.0416.046.836.43—
P/B1.991.991.551.35—
Growth & Yield
Revenue Growth0.9%0.9%24.8%31.6%—
EPS Growth——14.9%52.4%—

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 -20.1%

Total return

-20.1%

Start / end P/E

n/dx → n/dx

EPS bridge

2.78 → n/d

Residual

-20.1%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-20.1%

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.