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2385.HK$5.14-1.15%
Fair $5.14+0.0%

2385.HK

Readboy Education Holding Company Limited

Consumer Defensive / Education & Training ServicesHKSE

$5.14

-0.06 (-1.15%)

Fairly Valued+0.0%Fair Value $5.14Fund rank 28/100 · Data gapFallback financials|
SA 16/F
F-Score: 2/9
Low 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 33% · confianza 21%

FCF escenarios

weak_data · normalized FCF $-66.5M · quality 58.7/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 30/100Data 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

16/100

F

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: 1unknown: 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. ROE is -59.8%, below the 5% threshold
Thesis & Journal · 2385.HKLocal privado en este navegador · Readboy Education Holding Company 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

$1.8B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-59.8%

↓

Gross Margin

21.1%

↓

Debt/Equity

0.40

↑
52-Week Range$5
$2$7

TradingView lightweight chart

2385.HK price, volumen y niveles de valoración

Último $5.140Periodo -28.6%
Fair value: $5.140

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

-17.9%

FCF CAGR

—

FCF margin

-24.8%

FCF / Net income

0.70x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $334.9M · net income $-118.1M · FCF $-82.9M

2022-FY → 2025-FY

Gross margin

21.1%-1.1% pts

Operating margin

-28.9%-21.8% pts

Net margin

-35.3%-36.1% pts

FCF margin

-24.8%-19.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$334.9M$334.9M$461.4M$359.4M$605.2M
Net Income$-118.1M$-118.1M$-58.6M$-71.4M$5.2M
EBITDA$-78.1M$-78.1M$-46.3M$-50.0M$22.6M
EPS——-0.18-0.210.00
Gross Margin21.1%21.1%24.2%25.7%22.2%
Operating Margin-28.9%-28.9%-13.1%-17.9%-7.1%
Net Margin-35.3%-35.3%-12.7%-19.9%0.9%
Balance Sheet
Debt/Equity0.400.400.110.120.00
Current Ratio1.541.54———
Cash Flow
Free Cash Flow$-82.9M$-82.9M$-18.4M$-66.5M$-32.1M
Returns
ROE-59.8%-59.8%-15.8%-14.4%0.7%
Valuation
P/E————1620.41
EV/EBITDA————107.42
P/B9.169.165.724.903.69
Growth & Yield
Revenue Growth-27.4%-27.4%28.4%-40.6%—
EPS Growth——15.4%-4361.2%—

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 -25.7%

Total return

-25.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.18 → n/d

Residual

-25.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-25.7%

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.