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2443.HK$1.60+3.90%
Fair $1.60+0.0%

2443.HK

Autostreets Development Limited

Consumer Cyclical / Auto & Truck DealershipsHKSE

$1.60

+0.06 (+3.90%)

Fairly Valued+0.0%Fair Value $1.60Fund rank 34/100 · Data gapFallback financials|
SA 35/D
F-Score: 7/9
Declining RevenueLow 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 26% · confianza 25%

FCF escenarios

weak_data · normalized FCF $36.5M · quality 69.7/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 58/100Data 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

35/100

D

Piotroski

7/9

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. Revenue has declined for 2 consecutive years ROE is 0.9%, below the 5% threshold
Thesis & Journal · 2443.HKLocal privado en este navegador · Autostreets Development 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

$1.3B

P/E

160.0x

↑

EV/EBITDA

11.9x

↑

ROE

0.9%

↓

Gross Margin

62.6%

↑

Debt/Equity

0.20

↓
52-Week Range$2
$1$5

TradingView lightweight chart

2443.HK price, volumen y niveles de valoración

Último $1.600Periodo -87.6%
Fair value: $1.600

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

-16.6%

FCF CAGR

-26.2%

FCF margin

13.5%

FCF / Net income

4.42x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $271.1M · net income $8.3M · FCF $36.5M

2022-FY → 2025-FY

Gross margin

62.6%+1.7% pts

Operating margin

9.3%-9.2% pts

Net margin

3.0%-6.6% pts

FCF margin

13.5%-5.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$271.1M$271.1M$408.6M$492.0M$467.6M
Net Income$8.3M$8.3M$-123.0M$-15.5M$45.2M
EBITDA$58.1M$58.1M$-65.4M$51.2M$135.7M
EPS0.010.01-0.15-0.020.05
Gross Margin62.6%62.6%62.4%63.5%60.9%
Operating Margin9.3%9.3%10.1%18.6%18.5%
Net Margin3.0%3.0%-30.1%-3.2%9.7%
Balance Sheet
Debt/Equity0.200.200.220.350.88
Current Ratio4.894.89———
Cash Flow
Free Cash Flow$36.5M$36.5M$7.2M$116.2M$90.7M
Returns
ROE0.9%0.9%-13.3%-3.9%34.1%
Valuation
P/E160.00160.00———
EV/EBITDA11.8711.87———
P/B1.441.443.84——
Growth & Yield
Revenue Growth-33.7%-33.7%-16.9%5.2%—
EPS Growth106.7%106.7%-705.3%-134.3%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

142.1%

muy exigente

EPS terminal req.

$0.14

Spread vs growth

-35.5%

5Y implied EPS CAGR

76.6%

muy exigente

EPS terminal req.

$0.17

Spread vs growth

30.1%

10Y implied EPS CAGR

39.4%

muy exigente

EPS terminal req.

$0.28

Spread vs growth

67.3%

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 -58.3%

Total return

-58.3%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.15 → 0.01

Residual

-58.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-58.3%

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.