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2851.TW$35.05-0.28%
Fair $35.05+0.0%

2851.TW

Central Reinsurance Corporation

Financial Services / Insurance - ReinsuranceTaiwan

$35.05

-0.10 (-0.28%)

Fairly Valued+0.0%Fair Value $35.05Fund rank 26/100 · Data gapFallback financials|
SA 53/C
F-Score: 4/9

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 46.0/100

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

53/100

C

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: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); financial Book/ROE targets are disabled until manually verified.
Thesis & Journal · 2851.TWLocal privado en este navegador · Central Reinsurance Corporation
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

$28.1B

P/E

9.6x

↓

EV/EBITDA

N/A

•

ROE

13.5%

↑

Gross Margin

N/A

•

Debt/Equity

0.00

↓
52-Week Range$35
$22$36

TradingView lightweight chart

2851.TW price, volumen y niveles de valoración

Último $35.05Periodo +281.2%
Fair value: $35.05

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

+2.4%

FCF CAGR

+3.5%

FCF margin

10.1%

FCF / Net income

0.79x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $22.90B · net income $2.93B · FCF $2.32B

2022-FY → 2025-FY

Gross margin

—— pts

Operating margin

—— pts

Net margin

12.8%+11.6% pts

FCF margin

10.1%+0.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$22.90B$22.90B$22.89B$21.98B$21.34B
Net Income$2.93B$2.93B$2.52B$2.09B$253.3M
EPS——3.142.610.41
Net Margin12.8%12.8%11.0%9.5%1.2%
Balance Sheet
Debt/Equity0.000.000.000.000.00
Current Ratio17.3117.31———
Cash Flow
Free Cash Flow$2.32B$2.32B$-1.75B$-7.37B$2.09B
Returns
ROE13.5%13.5%12.0%11.0%1.5%
Valuation
P/E9.589.588.268.7941.59
P/B1.291.290.990.960.62
Growth & Yield
Revenue Growth0.1%0.1%4.1%3.0%—
EPS Growth——20.3%536.6%—
Dividend Yield5.4%5.4%———

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 +41.5%

Total return

+41.5%

Start / end P/E

n/dx → n/dx

EPS bridge

3.14 → n/d

Residual

+36.1%

EPS growthn/d
Multiple reratingn/d
Dividend+5.4%
Residual / FX / buybacks / cross-term+36.1%

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.