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2537.TW$10.05+6.35%
Fair $10.05+0.0%

2537.TW

WE & WIN Development Co., LTD

Real Estate / Real Estate - DevelopmentTaiwan

$10.05

+0.60 (+6.35%)

Fairly Valued+0.0%Fair Value $10.05Fund rank 20/100 · Data gapFallback financials|
SA 18/F
F-Score: 1/9
High DebtLow 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 6.0/100

Data gap 20/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 17/100Data 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

18/100

F

Piotroski

1/9

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. 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. Debt-to-Equity ratio is 2.44, above the 2.0 threshold ROE is 1.0%, below the 5% threshold
Thesis & Journal · 2537.TWLocal privado en este navegador · WE & WIN Development 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

$3.0B

P/E

67.0x

↑

EV/EBITDA

72.3x

↑

ROE

1.0%

↓

Gross Margin

26.2%

↓

Debt/Equity

2.44

↑
52-Week Range$10
$9$14

TradingView lightweight chart

2537.TW price, volumen y niveles de valoración

Último $10.05Periodo -99.5%
Fair value: $10.05

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

-9.3%

FCF CAGR

—

FCF margin

-82.6%

FCF / Net income

-23.76x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.26B · net income $43.7M · FCF $-1.04B

2022-FY → 2025-FY

Gross margin

26.2%+1.4% pts

Operating margin

12.9%-1.8% pts

Net margin

3.5%-1.2% pts

FCF margin

-82.6%+19.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.26B$1.26B$2.21B$545.9M$1.68B
Net Income$43.7M$43.7M$314.8M$-60.1M$77.9M
EBITDA$187.4M$187.4M$506.4M$66.9M$260.6M
EPS——1.04-0.200.26
Gross Margin26.2%26.2%30.7%26.5%24.7%
Operating Margin12.9%12.9%21.0%6.8%14.7%
Net Margin3.5%3.5%14.2%-11.0%4.6%
Balance Sheet
Debt/Equity2.442.442.232.312.23
Current Ratio1.391.39———
Cash Flow
Free Cash Flow$-1.04B$-1.04B$-113.7M$-354.3M$-1.72B
Returns
ROE1.0%1.0%7.2%-1.5%1.9%
Valuation
P/E67.0067.0011.59—27.27
EV/EBITDA72.3272.3225.48180.0441.86
P/B0.680.680.830.700.52
Growth & Yield
Revenue Growth-43.3%-43.3%305.6%-67.5%—
EPS Growth——620.0%-176.9%—

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 -12.2%

Total return

-12.2%

Start / end P/E

n/dx → n/dx

EPS bridge

1.04 → n/d

Residual

-12.2%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-12.2%

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.