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2340.TW$35.30-4.06%
Fair $35.30+0.0%

2340.TW

Taiwan-Asia Semiconductor Corporation

Technology / SemiconductorsTaiwan

$35.30

-1.55 (-4.06%)

Fairly Valued+0.0%Fair Value $35.30Fund rank 28/100 · Data gapFallback financials|
SA 26/D
F-Score: 2/9
Margin CompressionLow Profitability

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 $-2.8B · quality 53.3/100

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

26/100

D

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: 2unknown: 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. Operating margin has declined for 3 consecutive years ROE is -19.2%, below the 5% threshold
Thesis & Journal · 2340.TWLocal privado en este navegador · Taiwan-Asia Semiconductor Corporation
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

$15.5B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-19.2%

↓

Gross Margin

-3.2%

↓

Debt/Equity

0.85

↑
52-Week Range$35
$18$46

TradingView lightweight chart

2340.TW price, volumen y niveles de valoración

Último $36.60Periodo -22.9%
Fair value: $35.30

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

-1.5%

FCF CAGR

—

FCF margin

-31.4%

FCF / Net income

1.08x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.33B · net income $-1.26B · FCF $-1.36B

2022-FY → 2025-FY

Gross margin

-3.2%-30.0% pts

Operating margin

-29.7%-38.4% pts

Net margin

-29.2%-37.1% pts

FCF margin

-31.4%-43.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.33B$4.33B$4.30B$3.97B$4.53B
Net Income$-1.26B$-1.26B$-510.1M$307.2M$360.5M
EBITDA$-114.5M$-114.5M$289.8M$833.8M$898.8M
EPS——-1.160.700.82
Gross Margin-3.2%-3.2%11.8%23.4%26.8%
Operating Margin-29.7%-29.7%-14.2%2.0%8.6%
Net Margin-29.2%-29.2%-11.9%7.7%8.0%
Balance Sheet
Debt/Equity0.850.850.660.280.06
Current Ratio1.251.25———
Cash Flow
Free Cash Flow$-1.36B$-1.36B$-2.91B$-2.77B$541.1M
Returns
ROE-19.2%-19.2%-6.8%3.7%4.2%
Valuation
P/E———65.1442.07
EV/EBITDA——52.4124.3714.11
P/B2.362.361.662.401.78
Growth & Yield
Revenue Growth0.6%0.6%8.2%-12.3%—
EPS Growth——-265.7%-14.6%—

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 +68.7%

Total return

+68.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-1.16 → n/d

Residual

+68.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+68.7%

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.