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5902.TWO$34.45-1.29%
Fair $34.45+0.0%

5902.TWO

Tait Marketing & Distribution Co., Ltd.

Consumer Defensive / Food DistributionTaipei Exchange

$34.45

-0.45 (-1.29%)

Fairly Valued+0.0%Fair Value $34.45Fund rank 39/100 · Data gapFallback financials|
SA 40/C
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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $219.0M · quality 84.7/100

Data gap 39/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 85/100Data 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

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 · 5902.TWOLocal privado en este navegador · Tait Marketing & Distribution 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

$3.3B

P/E

15.7x

↑

EV/EBITDA

8.6x

↓

ROE

16.4%

↑

Gross Margin

24.0%

↓

Debt/Equity

0.01

↓
52-Week Range$34
$34$50

TradingView lightweight chart

5902.TWO price, volumen y niveles de valoración

Último $34.45Periodo +14.2%
Fair value: $34.45

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

+1.4%

FCF CAGR

-3.5%

FCF margin

9.3%

FCF / Net income

1.01x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.29B · net income $211.6M · FCF $212.7M

2022-FY → 2025-FY

Gross margin

24.0%+1.7% pts

Operating margin

11.1%+0.8% pts

Net margin

9.3%+0.9% pts

FCF margin

9.3%-1.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.29B$2.29B$2.22B$2.11B$2.19B
Net Income$211.6M$211.6M$199.8M$173.7M$183.8M
EBITDA$288.8M$288.8M$274.4M$240.7M$251.7M
EPS——2.101.831.93
Gross Margin24.0%24.0%23.6%22.5%22.3%
Operating Margin11.1%11.1%10.9%9.9%10.3%
Net Margin9.3%9.3%9.0%8.2%8.4%
Balance Sheet
Debt/Equity0.010.010.010.020.03
Current Ratio2.972.97———
Cash Flow
Free Cash Flow$212.7M$212.7M$292.9M$219.0M$236.7M
Returns
ROE16.4%16.4%16.2%14.7%16.0%
Valuation
P/E15.6615.6619.0519.1317.49
EV/EBITDA8.598.5911.9812.4011.21
P/B2.522.523.082.832.80
Growth & Yield
Revenue Growth2.9%2.9%5.2%-3.8%—
EPS Growth——14.8%-5.2%—
Dividend Yield4.8%4.8%———

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 -22.2%

Total return

-22.2%

Start / end P/E

n/dx → n/dx

EPS bridge

2.10 → n/d

Residual

-27.0%

EPS growthn/d
Multiple reratingn/d
Dividend+4.8%
Residual / FX / buybacks / cross-term-27.0%

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.