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3989.HK$0.09+3.41%
Fair $0.09+0.0%

3989.HK

Capital Environment Holdings Limited

Industrials / Waste ManagementHKSE

$0.09

+0.00 (+3.41%)

Fairly Valued+0.0%Fair Value $0.09Fund rank 21/100 · Data gapFallback financials|
SA 35/D
F-Score: 5/9
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 34% · confianza 16%

FCF escenarios

weak_data · normalized FCF $-675.5M · quality 38.0/100

Data gap 21/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data 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

35/100

D

Piotroski

5/9

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 3.5%, below the 5% threshold
Thesis & Journal · 3989.HKLocal privado en este navegador · Capital Environment Holdings 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

$1.3B

P/E

4.5x

↓

EV/EBITDA

11.0x

↑

ROE

3.5%

↓

Gross Margin

35.7%

↑

Debt/Equity

1.60

↑
52-Week Range$0
$0$0

TradingView lightweight chart

3989.HK price, volumen y niveles de valoración

Último $0.091Periodo -92.5%
Fair value: $0.091

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

-12.1%

FCF CAGR

—

FCF margin

1.5%

FCF / Net income

0.24x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.67B · net income $234.1M · FCF $55.5M

2021-FY → 2024-FY

Gross margin

35.7%+5.4% pts

Operating margin

26.2%+2.2% pts

Net margin

6.4%-3.1% pts

FCF margin

1.5%+35.3% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$3.67B$3.67B$4.08B$4.59B$5.40B
Net Income$234.1M$234.1M$285.4M$1.63B$510.7M
EBITDA$1.03B$1.03B$1.02B$994.2M$1.91B
EPS0.020.020.020.01—
Gross Margin35.7%35.7%34.0%30.2%30.3%
Operating Margin26.2%26.2%25.3%21.3%23.9%
Net Margin6.4%6.4%7.0%35.5%9.5%
Balance Sheet
Debt/Equity1.601.601.641.562.26
Current Ratio2.792.79———
Cash Flow
Free Cash Flow$55.5M$55.5M$-675.5M$-1.25B$-1.82B
Returns
ROE3.5%3.5%4.4%25.1%8.2%
Valuation
P/E4.554.555.3012.66—
EV/EBITDA11.0111.0111.1011.227.81
P/B0.200.200.240.390.41
Growth & Yield
Revenue Growth-10.1%-10.1%-11.2%-15.0%—
EPS Growth-18.0%-18.0%43.9%——

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

-21.0%

fácil

EPS terminal req.

$0.01

Spread vs growth

3.0%

5Y implied EPS CAGR

-9.8%

fácil

EPS terminal req.

$0.01

Spread vs growth

-8.2%

10Y implied EPS CAGR

-0.4%

fácil

EPS terminal req.

$0.02

Spread vs growth

-17.6%

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 +23.0%

Total return

+23.0%

Start / end P/E

3.7x → 5.5x

EPS bridge

0.02 → 0.02

Residual

-9.0%

EPS growth-18.0%
Multiple rerating+50.0%
Dividend+0.0%
Residual / FX / buybacks / cross-term-9.0%

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.