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6648.TWO$17.30+8.46%
Fair $17.30+0.0%

6648.TWO

Das Technology Co., Ltd.

Industrials / Electrical Equipment & PartsTaipei Exchange

$17.30

+1.35 (+8.46%)

Fairly Valued+0.0%Fair Value $17.30Fund rank 27/100 · Data gapFallback financials|
SA 15/F
F-Score: 3/9
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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-6.8M · quality 46.0/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 23/100Data 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

15/100

F

Piotroski

3/9

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 3 consecutive years ROE is -11.7%, below the 5% threshold
Thesis & Journal · 6648.TWOLocal privado en este navegador · Das Technology 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

$822M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-11.7%

↓

Gross Margin

0.2%

↓

Debt/Equity

0.46

↑
52-Week Range$17
$15$31

TradingView lightweight chart

6648.TWO price, volumen y niveles de valoración

Último $17.30Periodo -75.1%
Fair value: $17.30

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

-28.4%

FCF CAGR

—

FCF margin

-23.3%

FCF / Net income

1.09x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $323.8M · net income $-68.8M · FCF $-75.3M

2022-FY → 2025-FY

Gross margin

0.2%-14.8% pts

Operating margin

-24.2%-29.6% pts

Net margin

-21.3%-24.3% pts

FCF margin

-23.3%-71.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$323.8M$323.8M$437.5M$511.4M$883.6M
Net Income$-68.8M$-68.8M$-161.3M$-96.1M$26.8M
EBITDA$-30.6M$-30.6M$-133.8M$-41.4M$92.8M
EPS——-3.27-2.380.86
Gross Margin0.2%0.2%-23.9%-1.5%15.0%
Operating Margin-24.2%-24.2%-39.6%-17.2%5.4%
Net Margin-21.3%-21.3%-36.9%-18.8%3.0%
Balance Sheet
Debt/Equity0.460.460.340.120.73
Current Ratio2.042.04———
Cash Flow
Free Cash Flow$-75.3M$-75.3M$106.6M$-6.8M$428.2M
Returns
ROE-11.7%-11.7%-22.9%-10.7%3.5%
Valuation
P/E————42.23
EV/EBITDA————13.23
P/B1.391.391.751.111.48
Growth & Yield
Revenue Growth-26.0%-26.0%-14.5%-42.1%—
EPS Growth——-37.4%-376.7%—

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 -32.3%

Total return

-32.3%

Start / end P/E

n/dx → n/dx

EPS bridge

-3.27 → n/d

Residual

-32.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-32.3%

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.