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6820.HK$0.40+1.28%
Fair $0.40+0.0%

6820.HK

FriendTimes Inc.

Communication Services / Electronic Gaming & MultimediaHKSE

$0.40

+0.01 (+1.28%)

Fairly Valued+0.0%Fair Value $0.40Fund rank 30/100 · Data gapFallback financials|
SA 39/D
F-Score: 8/9

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 34% · confianza 20%

FCF escenarios

weak_data · normalized FCF $-49.9M · quality 55.0/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 26/100Data 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

39/100

D

Piotroski

8/9

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 · 6820.HKLocal privado en este navegador · FriendTimes Inc.
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

$826M

P/E

7.9x

↓

EV/EBITDA

6.2x

↓

ROE

7.5%

↑

Gross Margin

73.0%

↑

Debt/Equity

0.06

↓
52-Week Range$0
$0$1

TradingView lightweight chart

6820.HK price, volumen y niveles de valoración

Último $0.395Periodo -74.0%
Fair value: $0.395

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

-6.4%

FCF CAGR

-0.7%

FCF margin

9.2%

FCF / Net income

1.23x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.25B · net income $93.2M · FCF $114.9M

2022-FY → 2025-FY

Gross margin

73.0%+4.5% pts

Operating margin

4.3%+5.1% pts

Net margin

7.5%+5.8% pts

FCF margin

9.2%+1.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.25B$1.25B$1.16B$1.06B$1.52B
Net Income$93.2M$93.2M$-48.9M$-138.1M$25.1M
EBITDA$120.1M$120.1M$-6.7M$-43.2M$53.6M
EPS0.040.04-0.02-0.060.01
Gross Margin73.0%73.0%70.0%66.5%68.5%
Operating Margin4.3%4.3%-5.8%-9.6%-0.8%
Net Margin7.5%7.5%-4.2%-13.1%1.6%
Balance Sheet
Debt/Equity0.060.060.130.120.00
Current Ratio4.794.79———
Cash Flow
Free Cash Flow$114.9M$114.9M$-56.4M$-49.9M$117.2M
Returns
ROE7.5%7.5%-4.2%-11.5%1.7%
Valuation
P/E7.907.90——98.00
EV/EBITDA6.226.22——32.37
P/B0.670.670.972.181.43
Growth & Yield
Revenue Growth7.3%7.3%10.1%-30.7%—
EPS Growth300.0%300.0%66.7%-700.0%—
Dividend Yield5.1%5.1%———

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

-4.3%

fácil

EPS terminal req.

$0.04

Spread vs growth

304.3%

5Y implied EPS CAGR

1.2%

fácil

EPS terminal req.

$0.04

Spread vs growth

298.8%

10Y implied EPS CAGR

5.5%

razonable

EPS terminal req.

$0.07

Spread vs growth

294.5%

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 -30.2%

Total return

-30.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.02 → 0.04

Residual

-35.2%

EPS growthn/d
Multiple reratingn/d
Dividend+5.1%
Residual / FX / buybacks / cross-term-35.2%

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.