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300445.SZ$23.42+0.17%
Fair $23.42+0.0%

300445.SZ

Beijing ConST Instruments Technology Inc.

Technology / Scientific & Technical InstrumentsShenzhen

$23.42

+0.04 (+0.17%)

Fairly Valued+0.0%Fair Value $23.42Fund rank 28/100 · Data gapFallback financials|
SA 62/B
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 19%

FCF escenarios

weak_data · normalized FCF $135.5M · quality 49.7/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 23/100Data 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

62/100

B

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 · 300445.SZLocal privado en este navegador · Beijing ConST Instruments Technology Inc.
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

$5.0B

P/E

42.6x

↑

EV/EBITDA

28.2x

↑

ROE

8.1%

↑

Gross Margin

64.0%

↑

Debt/Equity

0.01

↓
52-Week Range$23
$16$30

TradingView lightweight chart

300445.SZ price, volumen y niveles de valoración

Último $23.38Periodo +330.1%
Fair value: $23.42

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

+12.5%

FCF CAGR

—

FCF margin

28.9%

FCF / Net income

1.63x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $589.7M · net income $104.4M · FCF $170.3M

2022-FY → 2025-FY

Gross margin

64.0%+0.5% pts

Operating margin

23.5%+1.1% pts

Net margin

17.7%-0.5% pts

FCF margin

28.9%+32.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$589.7M$589.7M$575.4M$498.3M$414.0M
Net Income$104.4M$104.4M$125.4M$101.9M$75.5M
EBITDA$165.7M$165.7M$182.8M$151.8M$111.2M
EPS0.490.490.590.480.35
Gross Margin64.0%64.0%64.7%64.4%63.5%
Operating Margin23.5%23.5%27.2%23.6%22.4%
Net Margin17.7%17.7%21.8%20.5%18.2%
Balance Sheet
Debt/Equity0.010.010.000.010.00
Current Ratio13.3413.34———
Cash Flow
Free Cash Flow$170.3M$170.3M$135.5M$-434891.86$-16.4M
Returns
ROE8.1%8.1%10.5%9.4%7.6%
Valuation
P/E42.5842.5825.5935.5236.77
EV/EBITDA28.2528.2515.7022.3922.92
P/B3.893.892.693.342.79
Growth & Yield
Revenue Growth2.5%2.5%15.5%20.4%—
EPS Growth-16.9%-16.9%22.9%37.1%—
Dividend Yield0.4%0.4%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

61.9%

muy exigente

EPS terminal req.

$2.08

Spread vs growth

-78.8%

5Y implied EPS CAGR

38.7%

muy exigente

EPS terminal req.

$2.51

Spread vs growth

-55.6%

10Y implied EPS CAGR

23.5%

exigente

EPS terminal req.

$4.05

Spread vs growth

-40.5%

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 +35.7%

Total return

+35.7%

Start / end P/E

29.3x → 47.8x

EPS bridge

0.59 → 0.49

Residual

-10.7%

EPS growth-16.9%
Multiple rerating+62.9%
Dividend+0.4%
Residual / FX / buybacks / cross-term-10.7%

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.