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3021.TW$33.10+9.97%
Fair $33.10+0.0%

3021.TW

Welltend Technology Corporation

Technology / Computer HardwareTaiwan

$33.10

+3.00 (+9.97%)

Fairly Valued+0.0%Fair Value $33.10Fund rank 33/100 · Data gapFallback financials|
SA 46/C
F-Score: 3/9
Margin CompressionLow 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 26% · confianza 25%

FCF escenarios

weak_data · normalized FCF $179.2M · quality 63.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 54/100Data 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: 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. Operating margin has declined for 3 consecutive years ROE is 2.0%, below the 5% threshold
Thesis & Journal · 3021.TWLocal privado en este navegador · Welltend Technology 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

$3.1B

P/E

100.3x

↑

EV/EBITDA

15.1x

↑

ROE

2.0%

↓

Gross Margin

15.6%

↓

Debt/Equity

0.52

↑
52-Week Range$33
$16$33

TradingView lightweight chart

3021.TW price, volumen y niveles de valoración

Último $33.10Periodo -91.0%
Fair value: $33.10

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

-5.1%

FCF CAGR

-3.9%

FCF margin

3.0%

FCF / Net income

3.15x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.34B · net income $31.2M · FCF $98.5M

2022-FY → 2025-FY

Gross margin

15.6%-2.9% pts

Operating margin

3.2%-4.4% pts

Net margin

0.9%-3.8% pts

FCF margin

3.0%+0.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.34B$3.34B$3.47B$2.98B$3.91B
Net Income$31.2M$31.2M$55.5M$119.7M$184.2M
EBITDA$195.9M$195.9M$246.8M$275.7M$403.4M
EPS——0.581.241.91
Gross Margin15.6%15.6%16.7%19.0%18.5%
Operating Margin3.2%3.2%5.8%7.0%7.6%
Net Margin0.9%0.9%1.6%4.0%4.7%
Balance Sheet
Debt/Equity0.520.520.450.490.52
Current Ratio1.751.75———
Cash Flow
Free Cash Flow$98.5M$98.5M$179.2M$412.6M$111.1M
Returns
ROE2.0%2.0%3.4%7.8%12.4%
Valuation
P/E100.30100.3044.8316.1310.58
EV/EBITDA15.1115.119.276.665.41
P/B1.971.971.531.261.31
Growth & Yield
Revenue Growth-3.9%-3.9%16.5%-23.8%—
EPS Growth——-53.2%-35.1%—
Dividend Yield1.8%1.8%———

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 +81.7%

Total return

+81.7%

Start / end P/E

n/dx → n/dx

EPS bridge

0.58 → n/d

Residual

+79.9%

EPS growthn/d
Multiple reratingn/d
Dividend+1.8%
Residual / FX / buybacks / cross-term+79.9%

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.