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4104.TW$70.10+0.00%
Fair $70.10+0.0%

4104.TW

Excelsior Medical Co., Ltd.

Healthcare / Medical DistributionTaiwan

$70.10

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $70.10Fund rank 27/100 · Data gapFallback financials|
SA 45/C
F-Score: 4/9

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 19%

FCF escenarios

weak_data · normalized FCF $-35.5M · quality 48.0/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 19/100Data 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

45/100

C

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 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.
Thesis & Journal · 4104.TWLocal privado en este navegador · Excelsior Medical 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

$13.2B

P/E

15.2x

↓

EV/EBITDA

7.5x

↓

ROE

8.8%

↑

Gross Margin

21.3%

↓

Debt/Equity

0.24

↑
52-Week Range$70
$67$87

TradingView lightweight chart

4104.TW price, volumen y niveles de valoración

Último $70.10Periodo +42.5%
Fair value: $70.10

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

+6.9%

FCF CAGR

—

FCF margin

-16.5%

FCF / Net income

-1.80x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $8.79B · net income $805.9M · FCF $-1.45B

2022-FY → 2025-FY

Gross margin

21.3%+0.3% pts

Operating margin

8.3%-0.4% pts

Net margin

9.2%-0.1% pts

FCF margin

-16.5%-22.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$8.79B$8.79B$8.54B$8.23B$7.19B
Net Income$805.9M$805.9M$771.3M$746.6M$667.5M
EBITDA$1.53B$1.53B$1.50B$1.43B$1.20B
EPS——4.414.263.81
Gross Margin21.3%21.3%20.9%20.3%21.1%
Operating Margin8.3%8.3%8.8%8.5%8.6%
Net Margin9.2%9.2%9.0%9.1%9.3%
Balance Sheet
Debt/Equity0.240.240.160.170.10
Current Ratio1.711.71———
Cash Flow
Free Cash Flow$-1.45B$-1.45B$2.35B$-35.5M$464.6M
Returns
ROE8.8%8.8%8.6%8.7%8.1%
Valuation
P/E15.2115.2118.5018.7915.31
EV/EBITDA7.547.547.669.017.12
P/B1.331.331.591.631.25
Growth & Yield
Revenue Growth2.9%2.9%3.7%14.6%—
EPS Growth——3.4%11.9%—
Dividend Yield6.1%6.1%———

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 -8.2%

Total return

-8.2%

Start / end P/E

n/dx → n/dx

EPS bridge

4.41 → n/d

Residual

-14.3%

EPS growthn/d
Multiple reratingn/d
Dividend+6.1%
Residual / FX / buybacks / cross-term-14.3%

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.