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3122.TWO$31.80-2.90%
Fair $31.80+0.0%

3122.TWO

Megawin Technology Co., Ltd.

Technology / SemiconductorsTaipei Exchange

$31.80

-0.95 (-2.90%)

Fairly Valued+0.0%Fair Value $31.80Fund rank 24/100 · Data gapFallback financials|
SA 27/D
F-Score: 3/9
Declining RevenueMargin 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 34% · confianza 17%

FCF escenarios

weak_data · normalized FCF $-7.8M · quality 39.7/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 9/100Data 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

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: 3unknown: 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 3 consecutive years Operating margin has declined for 3 consecutive years ROE is -19.7%, below the 5% threshold
Thesis & Journal · 3122.TWOLocal privado en este navegador · Megawin Technology 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

$1.3B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-19.7%

↓

Gross Margin

32.9%

↑

Debt/Equity

0.54

↑
52-Week Range$32
$19$42

TradingView lightweight chart

3122.TWO price, volumen y niveles de valoración

Último $31.80Periodo +622.7%
Fair value: $31.80

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

-14.1%

FCF CAGR

—

FCF margin

-13.1%

FCF / Net income

0.59x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $324.2M · net income $-71.5M · FCF $-42.4M

2022-FY → 2025-FY

Gross margin

32.9%-4.1% pts

Operating margin

-18.7%-22.7% pts

Net margin

-22.1%-25.5% pts

FCF margin

-13.1%+6.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$324.2M$324.2M$364.7M$371.3M$510.9M
Net Income$-71.5M$-71.5M$-58.0M$-41.3M$17.4M
EBITDA$-45.3M$-45.3M$-29.8M$-24.2M$35.7M
EPS——-1.44-1.040.43
Gross Margin32.9%32.9%32.8%34.5%37.0%
Operating Margin-18.7%-18.7%-15.0%-11.3%4.1%
Net Margin-22.1%-22.1%-15.9%-11.1%3.4%
Balance Sheet
Debt/Equity0.540.540.450.440.40
Current Ratio1.611.61———
Cash Flow
Free Cash Flow$-42.4M$-42.4M$-7.8M$38.0M$-101.1M
Returns
ROE-19.7%-19.7%-13.4%-9.0%3.5%
Valuation
P/E————60.12
EV/EBITDA————30.66
P/B3.583.582.853.772.07
Growth & Yield
Revenue Growth-11.1%-11.1%-1.8%-27.3%—
EPS Growth——-38.5%-341.9%—

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 +43.2%

Total return

+43.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-1.44 → n/d

Residual

+43.2%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+43.2%

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.