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2534.TW$17.30+0.00%
Fair $17.30+0.0%

2534.TW

Hung Sheng Construction Co., Ltd.

Real Estate / Real Estate - DevelopmentTaiwan

$17.30

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $17.30Fund rank 27/100 · Data gapFallback financials|
SA 34/D
F-Score: 5/9

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 20.0/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 27/100Data 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

34/100

D

Piotroski

5/9

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. 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.
Thesis & Journal · 2534.TWLocal privado en este navegador · Hung Sheng 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

$8.2B

P/E

8.4x

↓

EV/EBITDA

16.5x

↑

ROE

6.5%

↑

Gross Margin

40.9%

↓

Debt/Equity

0.98

↑
52-Week Range$17
$17$28

TradingView lightweight chart

2534.TW price, volumen y niveles de valoración

Último $17.30Periodo -32.0%
Fair value: $17.30

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

-12.0%

FCF CAGR

-51.4%

FCF margin

10.8%

FCF / Net income

0.53x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.74B · net income $974.4M · FCF $513.5M

2022-FY → 2025-FY

Gross margin

40.9%-2.2% pts

Operating margin

25.3%-6.6% pts

Net margin

20.6%-7.7% pts

FCF margin

10.8%-53.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.74B$4.74B$2.11B$2.55B$6.97B
Net Income$974.4M$974.4M$297.9M$520.9M$1.97B
EBITDA$1.32B$1.32B$675.2M$857.3M$2.29B
EPS——0.631.104.15
Gross Margin40.9%40.9%46.6%45.1%43.0%
Operating Margin25.3%25.3%24.3%26.4%31.9%
Net Margin20.6%20.6%14.1%20.4%28.2%
Balance Sheet
Debt/Equity0.980.981.021.000.87
Current Ratio1.341.34———
Cash Flow
Free Cash Flow$513.5M$513.5M$393.4M$-145.8M$4.47B
Returns
ROE6.5%6.5%2.0%3.5%13.2%
Valuation
P/E8.408.4040.5618.685.52
EV/EBITDA16.4516.4538.1327.209.72
P/B0.540.540.830.660.73
Growth & Yield
Revenue Growth124.9%124.9%-17.4%-63.4%—
EPS Growth——-42.7%-73.5%—
Dividend Yield5.8%5.8%———

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 -27.7%

Total return

-27.7%

Start / end P/E

n/dx → n/dx

EPS bridge

0.63 → n/d

Residual

-33.5%

EPS growthn/d
Multiple reratingn/d
Dividend+5.8%
Residual / FX / buybacks / cross-term-33.5%

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.