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6023.TWO$100.00+0.00%
Fair $100.00+0.0%

6023.TWO

Yuanta Futures Co., Ltd.

Financial Services / Capital MarketsTaipei Exchange

$100.00

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $100.00Fund rank 36/100 · Data gapFallback financials|
SA 47/C
F-Score: 5/9
Margin Compression

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 53.0/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 71/100Data 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

47/100

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); financial Book/ROE targets are disabled until manually verified. Operating margin has declined for 3 consecutive years
Thesis & Journal · 6023.TWOLocal privado en este navegador · Yuanta Futures 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

$32.0B

P/E

11.8x

↓

EV/EBITDA

5.2x

↓

ROE

13.7%

↑

Gross Margin

51.8%

↓

Debt/Equity

0.08

↓
52-Week Range$100
$79$103

TradingView lightweight chart

6023.TWO price, volumen y niveles de valoración

Último $100.00Periodo +144.4%
Fair value: $100.00

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

-1.2%

FCF CAGR

-19.6%

FCF margin

15.6%

FCF / Net income

0.22x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.77B · net income $2.66B · FCF $588.6M

2022-FY → 2025-FY

Gross margin

51.8%+5.8% pts

Operating margin

-6.7%-13.9% pts

Net margin

70.4%+41.1% pts

FCF margin

15.6%-13.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.77B$3.77B$4.04B$3.53B$3.91B
Net Income$2.66B$2.66B$2.17B$1.85B$1.15B
EBITDA$4.12B$4.12B$3.60B$2.94B$1.72B
EPS——7.476.313.90
Gross Margin51.8%51.8%48.7%51.3%45.9%
Operating Margin-6.7%-6.7%-1.1%3.6%7.2%
Net Margin70.4%70.4%53.7%52.5%29.3%
Balance Sheet
Debt/Equity0.080.080.100.110.13
Current Ratio1.071.07———
Cash Flow
Free Cash Flow$588.6M$588.6M$2.01B$1.48B$1.13B
Returns
ROE13.7%13.7%13.6%12.8%8.9%
Valuation
P/E11.8311.8311.469.6712.53
EV/EBITDA5.165.164.032.813.65
P/B1.651.651.561.241.12
Growth & Yield
Revenue Growth-6.5%-6.5%14.3%-9.7%—
EPS Growth——18.5%61.8%—
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 +24.4%

Total return

+24.4%

Start / end P/E

n/dx → n/dx

EPS bridge

7.47 → n/d

Residual

+19.6%

EPS growthn/d
Multiple reratingn/d
Dividend+4.8%
Residual / FX / buybacks / cross-term+19.6%

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.