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2635.HK$14.51+0.00%
Fair $14.51+0.0%

2635.HK

Nuobikan Artificial

Technology / Information Technology ServicesHKSE

$14.51

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $14.51Fund rank 26/100 · Data gapFallback financials|
SA 46/C
F-Score: 3/9

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 34% · confianza 20%

FCF escenarios

weak_data · normalized FCF $-36.4M · quality 56.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data 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

46/100

C

Piotroski

3/9

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 · 2635.HKLocal privado en este navegador · Nuobikan Artificial
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

$5.5B

P/E

36.3x

↑

EV/EBITDA

28.7x

↑

ROE

11.5%

↑

Gross Margin

53.4%

↑

Debt/Equity

0.22

↑
52-Week Range$15
$14$83

TradingView lightweight chart

2635.HK price, volumen y niveles de valoración

Último $14.51Periodo -60.9%
Fair value: $14.51

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

+25.4%

FCF CAGR

—

FCF margin

-2.5%

FCF / Net income

-0.11x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $498.2M · net income $117.8M · FCF $-12.6M

2022-FY → 2025-FY

Gross margin

53.4%-2.1% pts

Operating margin

26.2%-2.1% pts

Net margin

23.7%-1.3% pts

FCF margin

-2.5%+30.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$498.2M$498.2M$402.6M$363.7M$252.6M
Net Income$117.8M$117.8M$115.4M$88.6M$63.2M
EBITDA$167.1M$167.1M$139.2M$102.0M$75.4M
EPS0.340.340.300.230.17
Gross Margin53.4%53.4%58.9%58.1%55.6%
Operating Margin26.2%26.2%31.6%33.8%28.3%
Net Margin23.7%23.7%28.7%24.4%25.0%
Balance Sheet
Debt/Equity0.220.220.150.240.11
Current Ratio2.842.84———
Cash Flow
Free Cash Flow$-12.6M$-12.6M$-36.4M$-109.2M$-83.1M
Returns
ROE11.5%11.5%18.0%22.2%20.4%
Valuation
P/E36.2736.27———
EV/EBITDA28.7128.71———
P/B4.854.85———
Growth & Yield
Revenue Growth23.7%23.7%10.7%44.0%—
EPS Growth13.2%13.2%30.3%40.2%—

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

55.1%

muy exigente

EPS terminal req.

$1.29

Spread vs growth

-41.9%

5Y implied EPS CAGR

35.2%

muy exigente

EPS terminal req.

$1.56

Spread vs growth

-22.0%

10Y implied EPS CAGR

21.9%

exigente

EPS terminal req.

$2.51

Spread vs growth

-8.7%

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 · available periodreconcilia total -60.9%

Total return

-60.9%

Start / end P/E

121.8x → 42.1x

EPS bridge

0.30 → 0.34

Residual

-8.7%

EPS growth+13.2%
Multiple rerating-65.5%
Dividend+0.0%
Residual / FX / buybacks / cross-term-8.7%

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.