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6441.TWO$24.30-0.82%
Fair $24.30+0.0%

6441.TWO

iBase Solution CO., LTD

Technology / SemiconductorsTaipei Exchange

$24.30

-0.20 (-0.82%)

Fairly Valued+0.0%Fair Value $24.30Fund rank 27/100 · Data gapFallback financials|
SA 13/F
F-Score: 1/9
Declining RevenueMargin CompressionLow 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 20%

FCF escenarios

weak_data · normalized FCF $-82.9M · quality 55.0/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 22/100Data 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

13/100

F

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 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 Operating margin has declined for 3 consecutive years ROE is -26.9%, below the 5% threshold
Thesis & Journal · 6441.TWOLocal privado en este navegador · iBase Solution 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

$1.3B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-26.9%

↓

Gross Margin

-10.9%

↓

Debt/Equity

0.51

↑
52-Week Range$24
$17$40

TradingView lightweight chart

6441.TWO price, volumen y niveles de valoración

Último $24.30Periodo -51.6%
Fair value: $24.30

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

-26.0%

FCF CAGR

—

FCF margin

-35.2%

FCF / Net income

0.30x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $235.3M · net income $-274.9M · FCF $-82.9M

2022-FY → 2025-FY

Gross margin

-10.9%-28.3% pts

Operating margin

-91.6%-80.4% pts

Net margin

-116.9%-117.0% pts

FCF margin

-35.2%+55.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$235.3M$235.3M$540.3M$682.8M$581.3M
Net Income$-274.9M$-274.9M$-141.6M$-70.0M$851000.00
EBITDA$-215.5M$-215.5M$-75.1M$-8.1M$75.1M
EPS——-2.65-1.420.02
Gross Margin-10.9%-10.9%20.9%15.9%17.4%
Operating Margin-91.6%-91.6%-16.5%-12.2%-11.2%
Net Margin-116.9%-116.9%-26.2%-10.2%0.1%
Balance Sheet
Debt/Equity0.510.510.360.260.63
Current Ratio0.990.99———
Cash Flow
Free Cash Flow$-82.9M$-82.9M$-70.2M$-138.7M$-528.9M
Returns
ROE-26.9%-26.9%-11.0%-4.9%0.1%
Valuation
P/E————2633.06
EV/EBITDA————37.65
P/B1.271.271.431.902.19
Growth & Yield
Revenue Growth-56.5%-56.5%-20.9%17.5%—
EPS Growth——-86.6%-7200.0%—

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 -16.2%

Total return

-16.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-2.65 → n/d

Residual

-16.2%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-16.2%

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.