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2515.TW$12.80-1.54%
Fair $12.80+0.0%

2515.TW

BES Engineering Corporation

Industrials / Engineering & ConstructionTaiwan

$12.80

-0.20 (-1.54%)

Fairly Valued+0.0%Fair Value $12.80Fund rank 24/100 · Data gapFallback financials|
SA 32/D
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 34% · confianza 19%

FCF escenarios

weak_data · normalized FCF $-3.7B · quality 50.0/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 20/100Data 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

32/100

D

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. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is 2.8%, below the 5% threshold
Thesis & Journal · 2515.TWLocal privado en este navegador · BES Engineering Corporation
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

$20.6B

P/E

32.8x

↑

EV/EBITDA

34.6x

↑

ROE

2.8%

↓

Gross Margin

7.6%

↓

Debt/Equity

1.12

↑
52-Week Range$13
$10$19

TradingView lightweight chart

2515.TW price, volumen y niveles de valoración

Último $12.80Periodo +164.6%
Fair value: $12.80

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

+11.1%

FCF CAGR

—

FCF margin

-17.7%

FCF / Net income

-5.78x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $20.72B · net income $635.9M · FCF $-3.67B

2022-FY → 2025-FY

Gross margin

7.6%-1.5% pts

Operating margin

4.6%-0.6% pts

Net margin

3.1%-2.4% pts

FCF margin

-17.7%-12.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$20.72B$20.72B$23.85B$18.96B$15.09B
Net Income$635.9M$635.9M$717.2M$624.7M$821.3M
EBITDA$1.26B$1.26B$1.37B$1.18B$1.35B
EPS——0.450.410.54
Gross Margin7.6%7.6%6.5%8.0%9.1%
Operating Margin4.6%4.6%4.0%4.9%5.1%
Net Margin3.1%3.1%3.0%3.3%5.4%
Balance Sheet
Debt/Equity1.121.121.060.810.52
Current Ratio2.362.36———
Cash Flow
Free Cash Flow$-3.67B$-3.67B$-3.35B$-6.24B$-810.0M
Returns
ROE2.8%2.8%3.2%2.8%3.6%
Valuation
P/E32.8232.8222.4331.2314.42
EV/EBITDA34.5934.5925.3528.9914.55
P/B0.910.910.730.870.53
Growth & Yield
Revenue Growth-13.1%-13.1%25.8%25.6%—
EPS Growth——9.8%-24.1%—

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 +18.4%

Total return

+18.4%

Start / end P/E

n/dx → n/dx

EPS bridge

0.45 → n/d

Residual

+18.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+18.4%

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.