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3489.TWO$21.65-0.23%
Fair $21.65+0.0%

3489.TWO

Sun Brothers Development Co., Limited

Real Estate / Real Estate - DevelopmentTaipei Exchange

$21.65

-0.05 (-0.23%)

Fairly Valued+0.0%Fair Value $21.65Fund rank 19/100 · Data gapFallback financials|
SA 15/F
F-Score: 3/9
Low Profitability

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 0.0/100

Data gap 19/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 4/100Data 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

15/100

F

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: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. ROE is -0.7%, below the 5% threshold
Thesis & Journal · 3489.TWOLocal privado en este navegador · Sun Brothers Development Co., Limited
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

$2.0B

P/E

N/A

•

EV/EBITDA

133.5x

↑

ROE

-0.7%

↓

Gross Margin

6.5%

↓

Debt/Equity

1.21

↑
52-Week Range$22
$17$25

TradingView lightweight chart

3489.TWO price, volumen y niveles de valoración

Último $21.65Periodo -44.8%
Fair value: $21.65

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

-8.0%

FCF CAGR

—

FCF margin

-53.4%

FCF / Net income

45.45x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $719.1M · net income $-8.5M · FCF $-384.1M

2022-FY → 2025-FY

Gross margin

6.5%-1.3% pts

Operating margin

1.4%-0.3% pts

Net margin

-1.2%-3.8% pts

FCF margin

-53.4%-30.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$719.1M$719.1M$2.38B$741.5M$923.3M
Net Income$-8.5M$-8.5M$-80.1M$9.8M$24.3M
EBITDA$23.3M$23.3M$-39.4M$32.8M$41.1M
EPS——-0.890.120.28
Gross Margin6.5%6.5%3.5%6.2%7.8%
Operating Margin1.4%1.4%-2.1%-1.2%1.6%
Net Margin-1.2%-1.2%-3.4%1.3%2.6%
Balance Sheet
Debt/Equity1.211.211.241.781.71
Current Ratio1.351.35———
Cash Flow
Free Cash Flow$-384.1M$-384.1M$1.06B$39.3M$-215.6M
Returns
ROE-0.7%-0.7%-6.4%0.7%1.9%
Valuation
P/E———142.5035.89
EV/EBITDA133.51133.51—95.9066.22
P/B1.621.621.981.040.70
Growth & Yield
Revenue Growth-69.8%-69.8%221.5%-19.7%—
EPS Growth——-841.7%-57.1%—
Dividend Yield2.3%2.3%———

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 -10.9%

Total return

-10.9%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.89 → n/d

Residual

-13.2%

EPS growthn/d
Multiple reratingn/d
Dividend+2.3%
Residual / FX / buybacks / cross-term-13.2%

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.