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3673.TW$89.50+3.71%
Fair $89.50+0.0%

3673.TW

TPK Holding Co., Ltd.

Technology / Electronic ComponentsTaiwan

$89.50

+3.20 (+3.71%)

Fairly Valued+0.0%Fair Value $89.50Fund rank 32/100 · Data gapFallback financials|
SA 59/C
F-Score: 7/9
Declining RevenueLow 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 $4.1B · quality 63.0/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 60/100Data 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

59/100

C

Piotroski

7/9

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. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. Revenue has declined for 3 consecutive years ROE is 2.8%, below the 5% threshold
Thesis & Journal · 3673.TWLocal privado en este navegador · TPK Holding 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

$36.4B

P/E

33.0x

↑

EV/EBITDA

5.9x

↓

ROE

2.8%

↓

Gross Margin

6.3%

↓

Debt/Equity

0.71

↑
52-Week Range$90
$30$95

TradingView lightweight chart

3673.TW price, volumen y niveles de valoración

Último $89.50Periodo -84.5%
Fair value: $89.50

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

-13.5%

FCF CAGR

+5.8%

FCF margin

6.6%

FCF / Net income

3.75x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $62.84B · net income $1.10B · FCF $4.14B

2022-FY → 2025-FY

Gross margin

6.3%+2.1% pts

Operating margin

1.3%+0.7% pts

Net margin

1.8%+1.2% pts

FCF margin

6.6%+3.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$62.84B$62.84B$68.87B$69.86B$97.18B
Net Income$1.10B$1.10B$473.1M$208.4M$543.7M
EBITDA$5.46B$5.46B$5.78B$5.96B$6.23B
EPS2.712.711.160.511.34
Gross Margin6.3%6.3%4.2%4.6%4.2%
Operating Margin1.3%1.3%-0.3%0.0%0.5%
Net Margin1.8%1.8%0.7%0.3%0.6%
Balance Sheet
Debt/Equity0.710.710.730.920.75
Current Ratio2.172.17———
Cash Flow
Free Cash Flow$4.14B$4.14B$4.06B$9.89B$3.49B
Returns
ROE2.8%2.8%1.2%0.6%1.5%
Valuation
P/E33.0333.0332.8073.3322.31
EV/EBITDA5.915.910.042.502.51
P/B0.930.930.390.420.33
Growth & Yield
Revenue Growth-8.8%-8.8%-1.4%-28.1%—
EPS Growth133.6%133.6%127.5%-61.9%—
Dividend Yield0.9%0.9%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

43.1%

muy exigente

EPS terminal req.

$7.94

Spread vs growth

90.5%

5Y implied EPS CAGR

28.8%

muy exigente

EPS terminal req.

$9.61

Spread vs growth

104.8%

10Y implied EPS CAGR

19.0%

exigente

EPS terminal req.

$15.48

Spread vs growth

114.6%

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 +176.3%

Total return

+176.3%

Start / end P/E

28.0x → 33.0x

EPS bridge

1.16 → 2.71

Residual

+23.9%

EPS growth+133.6%
Multiple rerating+17.9%
Dividend+0.9%
Residual / FX / buybacks / cross-term+23.9%

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.