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4939.TWO$55.50+9.90%
Fair $55.50+0.0%

4939.TWO

Asia Electronic Material Co., Ltd.

Technology / Electronic ComponentsTaipei Exchange

$55.50

+5.00 (+9.90%)

Fairly Valued+0.0%Fair Value $55.50Fund rank 26/100 · Data gapFallback financials|
SA 39/D
F-Score: 3/9
Declining RevenueMargin CompressionLow 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 18%

FCF escenarios

weak_data · normalized FCF $-26.2M · quality 43.3/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 17/100Data 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

39/100

D

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: 3unknown: 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. Revenue has declined for 3 consecutive years Operating margin has declined for 3 consecutive years ROE is -3.1%, below the 5% threshold
Thesis & Journal · 4939.TWOLocal privado en este navegador · Asia Electronic Material 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

$5.5B

P/E

N/A

•

EV/EBITDA

125.5x

↑

ROE

-3.1%

↓

Gross Margin

21.7%

↓

Debt/Equity

0.64

↑
52-Week Range$56
$19$56

TradingView lightweight chart

4939.TWO price, volumen y niveles de valoración

Último $55.50Periodo +214.1%
Fair value: $55.50

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

-4.9%

FCF CAGR

—

FCF margin

-1.9%

FCF / Net income

0.63x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.42B · net income $-42.3M · FCF $-26.6M

2022-FY → 2025-FY

Gross margin

21.7%-0.2% pts

Operating margin

2.6%-4.0% pts

Net margin

-3.0%-5.1% pts

FCF margin

-1.9%-10.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.42B$1.42B$1.54B$1.55B$1.65B
Net Income$-42.3M$-42.3M$19.1M$36.3M$34.4M
EBITDA$46.1M$46.1M$126.1M$143.8M$136.0M
EPS——0.190.370.35
Gross Margin21.7%21.7%21.1%21.9%21.9%
Operating Margin2.6%2.6%3.1%5.3%6.7%
Net Margin-3.0%-3.0%1.2%2.3%2.1%
Balance Sheet
Debt/Equity0.640.640.530.440.56
Current Ratio1.691.69———
Cash Flow
Free Cash Flow$-26.6M$-26.6M$-1.4M$-26.2M$139.3M
Returns
ROE-3.1%-3.1%1.2%2.4%2.2%
Valuation
P/E——107.8957.1643.29
EV/EBITDA125.53125.5317.7316.0011.85
P/B4.034.031.301.370.96
Growth & Yield
Revenue Growth-8.1%-8.1%-0.4%-6.0%—
EPS Growth——-48.6%5.7%—
Dividend Yield1.2%1.2%———

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 +178.0%

Total return

+178.0%

Start / end P/E

n/dx → n/dx

EPS bridge

0.19 → n/d

Residual

+176.8%

EPS growthn/d
Multiple reratingn/d
Dividend+1.2%
Residual / FX / buybacks / cross-term+176.8%

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.