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603511.SS$13.75-1.50%
Fair $13.75+0.0%

603511.SS

Aimer Co., Ltd.

Consumer Cyclical / Apparel ManufacturingShanghai

$13.75

-0.21 (-1.50%)

Fairly Valued+0.0%Fair Value $13.75Fund rank 37/100 · Data gapFallback financials|
SA 40/C
F-Score: 4/9
Declining RevenueLow 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 25% · confianza 25%

FCF escenarios

weak_data · normalized FCF $437.4M · quality 76.7/100

Data gap 37/100
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

40/100

C

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 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 2 consecutive years ROE is 3.5%, below the 5% threshold
Thesis & Journal · 603511.SSLocal privado en este navegador · Aimer 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

$5.6B

P/E

34.4x

↑

EV/EBITDA

12.3x

↑

ROE

3.5%

↓

Gross Margin

66.0%

↑

Debt/Equity

0.07

↓
52-Week Range$14
$13$21

TradingView lightweight chart

603511.SS price, volumen y niveles de valoración

Último $13.75Periodo -54.5%
Fair value: $13.75

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

-2.1%

FCF CAGR

-0.4%

FCF margin

14.1%

FCF / Net income

2.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.09B · net income $152.1M · FCF $437.4M

2022-FY → 2025-FY

Gross margin

66.0%-0.2% pts

Operating margin

4.9%-2.5% pts

Net margin

4.9%-1.3% pts

FCF margin

14.1%+0.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.09B$3.09B$3.16B$3.43B$3.30B
Net Income$152.1M$152.1M$163.4M$305.7M$205.1M
EBITDA$443.8M$443.8M$439.3M$597.9M$472.2M
EPS0.380.380.410.760.51
Gross Margin66.0%66.0%65.2%66.3%66.3%
Operating Margin4.9%4.9%5.2%9.3%7.3%
Net Margin4.9%4.9%5.2%8.9%6.2%
Balance Sheet
Debt/Equity0.070.070.040.040.04
Current Ratio5.395.39———
Cash Flow
Free Cash Flow$437.4M$437.4M$182.8M$717.6M$442.5M
Returns
ROE3.5%3.5%3.7%6.8%4.6%
Valuation
P/E34.3834.3829.6120.3430.51
EV/EBITDA12.2812.2810.129.5912.12
P/B1.251.251.101.381.40
Growth & Yield
Revenue Growth-2.2%-2.2%-7.7%3.9%—
EPS Growth-7.3%-7.3%-46.1%49.0%—
Dividend Yield2.7%2.7%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

47.5%

muy exigente

EPS terminal req.

$1.22

Spread vs growth

-54.8%

5Y implied EPS CAGR

31.2%

muy exigente

EPS terminal req.

$1.48

Spread vs growth

-38.5%

10Y implied EPS CAGR

20.1%

exigente

EPS terminal req.

$2.38

Spread vs growth

-27.4%

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 -2.4%

Total return

-2.4%

Start / end P/E

35.3x → 36.2x

EPS bridge

0.41 → 0.38

Residual

-0.2%

EPS growth-7.3%
Multiple rerating+2.5%
Dividend+2.7%
Residual / FX / buybacks / cross-term-0.2%

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.