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2471.TW$54.60+6.85%
Fair $54.60+0.0%

2471.TW

Ares International Corp.

Technology / Information Technology ServicesTaiwan

$54.60

+3.50 (+6.85%)

Fairly Valued+0.0%Fair Value $54.60Fund rank 34/100 · Data gapFallback financials|
SA 50/C
F-Score: 4/9

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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $126.1M · quality 65.3/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 60/100Data 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

50/100

C

Piotroski

4/9

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 · 2471.TWLocal privado en este navegador · Ares 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

$2.6B

P/E

15.3x

↓

EV/EBITDA

9.6x

↓

ROE

17.1%

↑

Gross Margin

40.2%

↑

Debt/Equity

0.01

↓
52-Week Range$55
$47$61

TradingView lightweight chart

2471.TW price, volumen y niveles de valoración

Último $54.60Periodo -9.9%
Fair value: $54.60

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

+3.1%

FCF CAGR

+58.7%

FCF margin

8.6%

FCF / Net income

0.48x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $877.7M · net income $157.4M · FCF $75.1M

2021-FY → 2024-FY

Gross margin

40.2%-1.5% pts

Operating margin

13.1%-2.3% pts

Net margin

17.9%+3.6% pts

FCF margin

8.6%+6.2% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$877.7M$877.7M$841.8M$802.5M$800.7M
Net Income$157.4M$157.4M$173.0M$143.4M$114.5M
EBITDA$211.2M$211.2M$215.7M$192.7M$159.4M
EPS3.293.293.632.992.40
Gross Margin40.2%40.2%40.8%41.9%41.7%
Operating Margin13.1%13.1%11.6%13.1%15.4%
Net Margin17.9%17.9%20.5%17.9%14.3%
Balance Sheet
Debt/Equity0.010.010.020.010.03
Current Ratio2.482.48———
Cash Flow
Free Cash Flow$75.1M$75.1M$126.1M$169.8M$18.8M
Returns
ROE17.1%17.1%19.0%16.4%14.1%
Valuation
P/E15.2515.2514.889.5010.83
EV/EBITDA9.579.579.444.124.46
P/B2.842.842.831.561.53
Growth & Yield
Revenue Growth4.3%4.3%4.9%0.2%—
EPS Growth-9.4%-9.4%21.4%24.6%—
Dividend Yield5.6%5.6%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

13.8%

razonable

EPS terminal req.

$4.84

Spread vs growth

-23.1%

5Y implied EPS CAGR

12.2%

razonable

EPS terminal req.

$5.86

Spread vs growth

-21.6%

10Y implied EPS CAGR

11.1%

razonable

EPS terminal req.

$9.44

Spread vs growth

-20.5%

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 -1.2%

Total return

-1.2%

Start / end P/E

16.1x → 16.6x

EPS bridge

3.63 → 3.29

Residual

-0.3%

EPS growth-9.4%
Multiple rerating+2.8%
Dividend+5.6%
Residual / FX / buybacks / cross-term-0.3%

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.