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2723.TW$62.80+1.13%
Fair $62.80+0.0%

2723.TW

Gourmet Master Co. Ltd.

Consumer Cyclical / RestaurantsTaiwan

$62.80

+0.70 (+1.13%)

Fairly Valued+0.0%Fair Value $62.80Fund rank 36/100 · Data gapFallback financials|
SA 27/D
F-Score: 5/9
Declining RevenueLow 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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $1.1B · quality 76.0/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 73/100Data 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

27/100

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: 2unknown: 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. Revenue has declined for 2 consecutive years ROE is -4.4%, below the 5% threshold
Thesis & Journal · 2723.TWLocal privado en este navegador · Gourmet Master 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

$11.3B

P/E

N/A

•

EV/EBITDA

5.3x

↓

ROE

-4.4%

↓

Gross Margin

59.4%

↑

Debt/Equity

0.35

↓
52-Week Range$63
$59$96

TradingView lightweight chart

2723.TW price, volumen y niveles de valoración

Último $62.80Periodo -77.9%
Fair value: $62.80

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

-2.5%

FCF CAGR

-13.1%

FCF margin

4.0%

FCF / Net income

-1.63x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $18.11B · net income $-443.8M · FCF $721.5M

2022-FY → 2025-FY

Gross margin

59.4%+1.8% pts

Operating margin

3.7%-0.0% pts

Net margin

-2.5%-4.9% pts

FCF margin

4.0%-1.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$18.11B$18.11B$18.98B$20.42B$19.51B
Net Income$-443.8M$-443.8M$589.9M$756.6M$483.1M
EBITDA$2.20B$2.20B$3.51B$3.71B$3.46B
EPS-2.47-2.473.284.202.68
Gross Margin59.4%59.4%59.3%58.9%57.6%
Operating Margin3.7%3.7%6.0%5.5%3.8%
Net Margin-2.5%-2.5%3.1%3.7%2.5%
Balance Sheet
Debt/Equity0.350.350.380.360.47
Current Ratio1.221.22———
Cash Flow
Free Cash Flow$721.5M$721.5M$1.13B$1.81B$1.10B
Returns
ROE-4.4%-4.4%5.2%6.9%4.4%
Valuation
P/E——29.6024.0551.87
EV/EBITDA5.265.265.024.998.08
P/B1.121.121.551.652.30
Growth & Yield
Revenue Growth-4.6%-4.6%-7.1%4.7%—
EPS Growth-175.3%-175.3%-21.9%56.7%—
Dividend Yield4.8%4.8%———

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 -28.1%

Total return

-28.1%

Start / end P/E

n/dx → n/dx

EPS bridge

3.28 → -2.47

Residual

-32.9%

EPS growthn/d
Multiple reratingn/d
Dividend+4.8%
Residual / FX / buybacks / cross-term-32.9%

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.