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4746.TW$52.30-1.88%
Fair $52.30+0.0%

4746.TW

Formosa Laboratories, Inc.

Healthcare / Drug Manufacturers - Specialty & GenericTaiwan

$52.30

-1.00 (-1.88%)

Fairly Valued+0.0%Fair Value $52.30Fund rank 35/100 · Data gapFallback financials|
SA 49/C
F-Score: 6/9

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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $286.1M · quality 70.7/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 70/100Data 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

49/100

C

Piotroski

6/9

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 · 4746.TWLocal privado en este navegador · Formosa Laboratories, Inc.
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

$6.3B

P/E

14.4x

↓

EV/EBITDA

8.1x

↓

ROE

5.7%

↑

Gross Margin

41.9%

↓

Debt/Equity

0.47

↑
52-Week Range$52
$50$73

TradingView lightweight chart

4746.TW price, volumen y niveles de valoración

Último $52.30Periodo -43.3%
Fair value: $52.30

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

+8.8%

FCF CAGR

+32.5%

FCF margin

9.7%

FCF / Net income

1.07x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.85B · net income $441.1M · FCF $472.1M

2022-FY → 2025-FY

Gross margin

41.9%+5.0% pts

Operating margin

16.4%+11.3% pts

Net margin

9.1%-1.8% pts

FCF margin

9.7%+4.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.85B$4.85B$4.73B$4.36B$3.77B
Net Income$441.1M$441.1M$157.3M$126.2M$409.4M
EBITDA$1.08B$1.08B$744.7M$665.5M$823.4M
EPS——1.301.053.39
Gross Margin41.9%41.9%43.3%44.1%36.9%
Operating Margin16.4%16.4%15.9%14.9%5.1%
Net Margin9.1%9.1%3.3%2.9%10.9%
Balance Sheet
Debt/Equity0.470.470.510.540.51
Current Ratio2.332.33———
Cash Flow
Free Cash Flow$472.1M$472.1M$138.5M$286.1M$203.1M
Returns
ROE5.7%5.7%2.0%1.7%5.4%
Valuation
P/E14.3714.3754.38100.9519.65
EV/EBITDA8.088.0814.8922.9712.84
P/B0.810.811.111.681.07
Growth & Yield
Revenue Growth2.5%2.5%8.5%15.8%—
EPS Growth——23.8%-69.0%—
Dividend Yield5.6%5.6%———

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 -18.5%

Total return

-18.5%

Start / end P/E

n/dx → n/dx

EPS bridge

1.30 → n/d

Residual

-24.1%

EPS growthn/d
Multiple reratingn/d
Dividend+5.6%
Residual / FX / buybacks / cross-term-24.1%

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.