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5511.TWO$71.40-0.28%
Fair $71.40+0.0%

5511.TWO

Te Chang Construction Co., Ltd.

Industrials / Engineering & ConstructionTaipei Exchange

$71.40

-0.20 (-0.28%)

Fairly Valued+0.0%Fair Value $71.40Fund rank 36/100 · Data gapFallback financials|
SA 65/B
F-Score: 7/9

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 $1.1B · quality 76.0/100

Data gap 36/100
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

65/100

B

Piotroski

7/9

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 · 5511.TWOLocal privado en este navegador · Te Chang Construction 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

$8.1B

P/E

6.8x

↓

EV/EBITDA

4.7x

↓

ROE

17.5%

↑

Gross Margin

17.6%

↓

Debt/Equity

0.27

↓
52-Week Range$71
$57$76

TradingView lightweight chart

5511.TWO price, volumen y niveles de valoración

Último $71.40Periodo +807.3%
Fair value: $71.40

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

+9.3%

FCF CAGR

+54.9%

FCF margin

13.6%

FCF / Net income

1.25x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $11.08B · net income $1.21B · FCF $1.51B

2022-FY → 2025-FY

Gross margin

17.6%+4.0% pts

Operating margin

13.2%+4.3% pts

Net margin

10.9%+4.5% pts

FCF margin

13.6%+8.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$11.08B$11.08B$9.40B$10.46B$8.48B
Net Income$1.21B$1.21B$852.9M$1.15B$542.2M
EBITDA$1.61B$1.61B$1.16B$1.52B$828.4M
EPS——7.4810.104.75
Gross Margin17.6%17.6%15.0%16.5%13.6%
Operating Margin13.2%13.2%10.0%12.5%8.8%
Net Margin10.9%10.9%9.1%11.0%6.4%
Balance Sheet
Debt/Equity0.270.270.350.530.54
Current Ratio1.811.81———
Cash Flow
Free Cash Flow$1.51B$1.51B$1.05B$839.8M$406.2M
Returns
ROE17.5%17.5%14.0%19.8%11.0%
Valuation
P/E6.776.778.507.206.34
EV/EBITDA4.674.676.615.795.03
P/B1.181.181.191.430.70
Growth & Yield
Revenue Growth18.0%18.0%-10.2%23.3%—
EPS Growth——-25.9%112.6%—
Dividend Yield5.3%5.3%———

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 +26.5%

Total return

+26.5%

Start / end P/E

n/dx → n/dx

EPS bridge

7.48 → n/d

Residual

+21.2%

EPS growthn/d
Multiple reratingn/d
Dividend+5.3%
Residual / FX / buybacks / cross-term+21.2%

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.