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2364.TW$70.80-1.12%
Fair $70.80+0.0%

2364.TW

Twinhead International Corp.

Technology / Computer HardwareTaiwan

$70.80

-0.80 (-1.12%)

Fairly Valued+0.0%Fair Value $70.80Fund rank 37/100 · Data gapFallback financials|
SA 62/B
F-Score: 6/9

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 $204.4M · quality 78.0/100

Data gap 37/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 84/100Data 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

62/100

B

Piotroski

6/9

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 · 2364.TWLocal privado en este navegador · Twinhead International Corp.
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

$3.7B

P/E

17.0x

↓

EV/EBITDA

13.0x

↓

ROE

26.2%

↑

Gross Margin

39.8%

↑

Debt/Equity

0.44

↑
52-Week Range$71
$60$92

TradingView lightweight chart

2364.TW price, volumen y niveles de valoración

Último $70.80Periodo -78.2%
Fair value: $70.80

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

+17.2%

FCF CAGR

+26.2%

FCF margin

13.6%

FCF / Net income

0.93x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.51B · net income $220.0M · FCF $204.4M

2022-FY → 2025-FY

Gross margin

39.8%+7.8% pts

Operating margin

13.3%+11.0% pts

Net margin

14.6%+6.1% pts

FCF margin

13.6%+2.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.51B$1.51B$1.25B$1.08B$934.1M
Net Income$220.0M$220.0M$164.7M$108.8M$79.6M
EBITDA$275.3M$275.3M$219.5M$167.1M$130.3M
EPS——3.132.071.51
Gross Margin39.8%39.8%37.6%36.7%32.0%
Operating Margin13.3%13.3%9.1%6.7%2.3%
Net Margin14.6%14.6%13.2%10.1%8.5%
Balance Sheet
Debt/Equity0.440.440.861.411.74
Current Ratio1.231.23———
Cash Flow
Free Cash Flow$204.4M$204.4M$248.0M$175.8M$101.6M
Returns
ROE26.2%26.2%26.5%24.0%23.0%
Valuation
P/E16.9816.9819.5431.3130.53
EV/EBITDA13.0013.0014.8522.0021.49
P/B4.424.425.177.517.04
Growth & Yield
Revenue Growth20.5%20.5%15.6%15.7%—
EPS Growth——51.3%36.6%—

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 +16.7%

Total return

+16.7%

Start / end P/E

n/dx → n/dx

EPS bridge

3.13 → n/d

Residual

+16.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+16.7%

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.