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2348.TW$70.70+1.14%
Fair $70.70+0.0%

2348.TW

Hi-Yes International Co., Ltd.

Real Estate / Real Estate ServicesTaiwan

$70.70

+0.80 (+1.14%)

Fairly Valued+0.0%Fair Value $70.70Fund rank 16/100 · Data gapFallback financials|
SA 29/D
F-Score: 1/9
High Debt

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 79.0/100

Data gap 16/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 1/100Data 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

29/100

D

Piotroski

1/9

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 NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Debt-to-Equity ratio is 3.84, above the 2.0 threshold
Thesis & Journal · 2348.TWLocal privado en este navegador · Hi-Yes International 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

$10.7B

P/E

10.3x

↓

EV/EBITDA

17.6x

↑

ROE

13.0%

↑

Gross Margin

36.0%

↓

Debt/Equity

3.84

↑
52-Week Range$71
$67$135

TradingView lightweight chart

2348.TW price, volumen y niveles de valoración

Último $70.70Periodo -98.8%
Fair value: $70.70

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

+13.0%

FCF CAGR

—

FCF margin

-14.7%

FCF / Net income

-0.99x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $7.35B · net income $1.09B · FCF $-1.08B

2022-FY → 2025-FY

Gross margin

36.0%-8.8% pts

Operating margin

24.4%-6.7% pts

Net margin

14.8%-3.6% pts

FCF margin

-14.7%+10.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$7.35B$7.35B$10.16B$7.75B$5.09B
Net Income$1.09B$1.09B$2.23B$1.66B$934.4M
EBITDA$2.10B$2.10B$3.27B$2.39B$1.44B
EPS——14.4110.666.06
Gross Margin36.0%36.0%36.8%34.6%44.8%
Operating Margin24.4%24.4%26.8%24.3%31.1%
Net Margin14.8%14.8%21.9%21.3%18.3%
Balance Sheet
Debt/Equity3.843.843.082.522.92
Current Ratio2.322.32———
Cash Flow
Free Cash Flow$-1.08B$-1.08B$-6.16B$2.25B$-1.27B
Returns
ROE13.0%13.0%25.3%23.5%16.1%
Valuation
P/E10.3410.3413.606.698.21
EV/EBITDA17.5617.5615.609.6714.34
P/B1.291.293.371.531.30
Growth & Yield
Revenue Growth-27.6%-27.6%31.0%52.3%—
EPS Growth——35.2%76.0%—
Dividend Yield12.9%12.9%———

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 -31.7%

Total return

-31.7%

Start / end P/E

n/dx → n/dx

EPS bridge

14.41 → n/d

Residual

-44.5%

EPS growthn/d
Multiple reratingn/d
Dividend+12.9%
Residual / FX / buybacks / cross-term-44.5%

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.