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5426.TWO$20.50+9.92%
Fair $20.50+0.0%

5426.TWO

Cheng Fwa Industrial Co., Ltd.

Industrials / Metal FabricationTaipei Exchange

$20.50

+1.85 (+9.92%)

Fairly Valued+0.0%Fair Value $20.50Fund rank 28/100 · Data gapFallback financials|
SA 40/C
F-Score: 5/9
Low 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 19%

FCF escenarios

weak_data · normalized FCF $-12.1M · quality 49.7/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 21/100Data 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

40/100

C

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: 1unknown: 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. ROE is 3.3%, below the 5% threshold
Thesis & Journal · 5426.TWOLocal privado en este navegador · Cheng Fwa Industrial 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

$2.9B

P/E

39.4x

↑

EV/EBITDA

12.5x

↑

ROE

3.3%

↓

Gross Margin

19.2%

↓

Debt/Equity

0.09

↓
52-Week Range$21
$18$29

TradingView lightweight chart

5426.TWO price, volumen y niveles de valoración

Último $20.50Periodo +25.8%
Fair value: $20.50

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

-5.3%

FCF CAGR

—

FCF margin

-3.4%

FCF / Net income

-0.81x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.76B · net income $74.3M · FCF $-60.0M

2022-FY → 2025-FY

Gross margin

19.2%+1.8% pts

Operating margin

4.2%-1.0% pts

Net margin

4.2%-3.7% pts

FCF margin

-3.4%-12.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.76B$1.76B$1.50B$1.41B$2.07B
Net Income$74.3M$74.3M$142.1M$7.5M$163.2M
EBITDA$188.0M$188.0M$265.4M$110.9M$318.0M
EPS——0.990.051.13
Gross Margin19.2%19.2%18.2%15.6%17.4%
Operating Margin4.2%4.2%1.6%-1.6%5.2%
Net Margin4.2%4.2%9.5%0.5%7.9%
Balance Sheet
Debt/Equity0.090.090.000.000.10
Current Ratio3.043.04———
Cash Flow
Free Cash Flow$-60.0M$-60.0M$-12.1M$284.8M$187.1M
Returns
ROE3.3%3.3%6.2%0.4%7.8%
Valuation
P/E39.4239.4231.01488.0012.12
EV/EBITDA12.4712.4714.2627.334.78
P/B1.311.311.941.700.94
Growth & Yield
Revenue Growth17.0%17.0%6.7%-31.9%—
EPS Growth——1880.0%-95.6%—
Dividend Yield2.4%2.4%———

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 -14.4%

Total return

-14.4%

Start / end P/E

n/dx → n/dx

EPS bridge

0.99 → n/d

Residual

-16.8%

EPS growthn/d
Multiple reratingn/d
Dividend+2.4%
Residual / FX / buybacks / cross-term-16.8%

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.