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3229.TW$54.40+9.90%
Fair $54.40+0.0%

3229.TW

Cheer Time Enterprise Co., Ltd

Technology / Electronic ComponentsTaiwan

$54.40

+4.90 (+9.90%)

Fairly Valued+0.0%Fair Value $54.40Fund rank 29/100 · Data gapFallback financials|
SA 41/C
F-Score: 2/9
Low 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 20%

FCF escenarios

weak_data · normalized FCF $-15.1M · quality 53.0/100

Data gap 29/100
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

41/100

C

Piotroski

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 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. ROE is -4.6%, below the 5% threshold
Thesis & Journal · 3229.TWLocal privado en este navegador · Cheer Time Enterprise 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

$3.5B

P/E

N/A

•

EV/EBITDA

3707.6x

↑

ROE

-4.6%

↓

Gross Margin

6.5%

↓

Debt/Equity

0.23

↑
52-Week Range$54
$13$54

TradingView lightweight chart

3229.TW price, volumen y niveles de valoración

Último $54.40Periodo +8.5%
Fair value: $54.40

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

-33.0%

FCF CAGR

—

FCF margin

-1.5%

FCF / Net income

0.54x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.04B · net income $-27.8M · FCF $-15.1M

2022-FY → 2025-FY

Gross margin

6.5%-6.5% pts

Operating margin

-0.1%-9.4% pts

Net margin

-2.7%-12.1% pts

FCF margin

-1.5%-3.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.04B$1.04B$918.4M$928.1M$3.47B
Net Income$-27.8M$-27.8M$8.7M$-25.1M$328.3M
EBITDA$949000.00$949000.00$42.9M$19.8M$451.3M
EPS——0.14-0.392.07
Gross Margin6.5%6.5%7.1%5.4%12.9%
Operating Margin-0.1%-0.1%-0.6%-3.5%9.2%
Net Margin-2.7%-2.7%1.0%-2.7%9.5%
Balance Sheet
Debt/Equity0.230.230.200.360.26
Current Ratio2.282.28———
Cash Flow
Free Cash Flow$-15.1M$-15.1M$62.9M$-33.6M$85.9M
Returns
ROE-4.6%-4.6%1.4%-4.1%5.6%
Valuation
P/E——124.64—9.37
EV/EBITDA3707.553707.5526.7053.205.48
P/B5.835.831.791.590.19
Growth & Yield
Revenue Growth13.3%13.3%-1.0%-73.2%—
EPS Growth——135.9%-118.8%—

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 +291.4%

Total return

+291.4%

Start / end P/E

n/dx → n/dx

EPS bridge

0.14 → n/d

Residual

+291.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+291.4%

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.