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2524.TW$35.45+2.90%
Fair $35.45+0.0%

2524.TW

King's Town Construction Co., Ltd.

Real Estate / Real Estate - DevelopmentTaiwan

$35.45

+1.00 (+2.90%)

Fairly Valued+0.0%Fair Value $35.45Fund rank 22/100 · Data gapFallback financials|
SA 28/D
F-Score: 4/9
Low Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 18.0/100

Data gap 22/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 10/100Data 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

28/100

D

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: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. ROE is 3.0%, below the 5% threshold
Thesis & Journal · 2524.TWLocal privado en este navegador · King's Town Construction Co., Ltd.
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

$13.0B

P/E

20.1x

↑

EV/EBITDA

23.4x

↑

ROE

3.0%

↓

Gross Margin

45.7%

↑

Debt/Equity

0.84

↑
52-Week Range$35
$33$54

TradingView lightweight chart

2524.TW price, volumen y niveles de valoración

Último $35.45Periodo +979.3%
Fair value: $35.45

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

+2.8%

FCF CAGR

—

FCF margin

2.2%

FCF / Net income

0.13x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.68B · net income $628.7M · FCF $80.4M

2022-FY → 2025-FY

Gross margin

45.7%-12.1% pts

Operating margin

31.5%-9.3% pts

Net margin

17.1%-12.7% pts

FCF margin

2.2%+20.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.68B$3.68B$9.28B$2.55B$3.38B
Net Income$628.7M$628.7M$2.83B$442.0M$1.01B
EBITDA$1.26B$1.26B$3.54B$890.1M$1.46B
EPS——7.661.202.73
Gross Margin45.7%45.7%45.0%50.0%57.8%
Operating Margin31.5%31.5%37.3%31.5%40.8%
Net Margin17.1%17.1%30.5%17.3%29.8%
Balance Sheet
Debt/Equity0.840.840.931.030.97
Current Ratio2.732.73———
Cash Flow
Free Cash Flow$80.4M$80.4M$1.59B$-1.39B$-621.4M
Returns
ROE3.0%3.0%13.8%2.5%5.8%
Valuation
P/E20.1420.148.5626.2111.81
EV/EBITDA23.4123.4111.3832.8319.16
P/B0.620.621.180.660.69
Growth & Yield
Revenue Growth-60.4%-60.4%263.5%-24.5%—
EPS Growth——538.3%-56.0%—

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 -31.4%

Total return

-31.4%

Start / end P/E

n/dx → n/dx

EPS bridge

7.66 → n/d

Residual

-31.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-31.4%

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.