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6850.TWO$34.65-2.94%
Fair $34.65+0.0%

6850.TWO

BiOptic Inc.

Healthcare / BiotechnologyTaipei Exchange

$34.65

-1.05 (-2.94%)

Fairly Valued+0.0%Fair Value $34.65Fund rank 29/100 · Data gapFallback financials|
SA 31/D
F-Score: 4/9
Declining Revenue

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 19%

FCF escenarios

weak_data · normalized FCF $24.3M · quality 51.7/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 25/100Data 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

31/100

D

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: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific biotech pipeline model required: targets are disabled until product, probability, peak-sales and cash-runway data exists. Revenue has declined for 2 consecutive years
Thesis & Journal · 6850.TWOLocal privado en este navegador · BiOptic 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

$1.1B

P/E

866.3x

↑

EV/EBITDA

24.2x

↑

ROE

5.1%

↑

Gross Margin

61.8%

↑

Debt/Equity

0.19

↓
52-Week Range$35
$34$52

TradingView lightweight chart

6850.TWO price, volumen y niveles de valoración

Último $34.65Periodo -3.2%
Fair value: $34.65

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

+4.2%

FCF CAGR

-0.6%

FCF margin

12.0%

FCF / Net income

1.07x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $202.7M · net income $22.7M · FCF $24.3M

2021-FY → 2024-FY

Gross margin

61.8%+0.2% pts

Operating margin

9.5%-15.3% pts

Net margin

11.2%-14.6% pts

FCF margin

12.0%-1.8% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$202.7M$202.7M$228.3M$231.4M$179.3M
Net Income$22.7M$22.7M$37.7M$61.3M$46.3M
EBITDA$46.6M$46.6M$65.0M$88.9M$57.4M
EPS0.690.691.141.841.47
Gross Margin61.8%61.8%66.9%66.0%61.6%
Operating Margin9.5%9.5%19.5%28.1%24.8%
Net Margin11.2%11.2%16.5%26.5%25.8%
Balance Sheet
Debt/Equity0.190.190.220.030.02
Cash Flow
Free Cash Flow$24.3M$24.3M$-126.9M$62.6M$24.7M
Returns
ROE5.1%5.1%8.7%14.6%12.6%
Valuation
P/E866.25866.2535.4920.0521.15
EV/EBITDA24.2224.2220.7911.6514.55
P/B2.542.543.102.942.66
Growth & Yield
Revenue Growth-11.2%-11.2%-1.4%29.1%—
EPS Growth-39.3%-39.3%-38.1%24.7%—
Dividend Yield0.8%0.8%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

64.6%

muy exigente

EPS terminal req.

$3.07

Spread vs growth

-103.8%

5Y implied EPS CAGR

40.1%

muy exigente

EPS terminal req.

$3.72

Spread vs growth

-79.4%

10Y implied EPS CAGR

24.1%

exigente

EPS terminal req.

$5.99

Spread vs growth

-63.4%

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 -16.8%

Total return

-16.8%

Start / end P/E

37.0x → 50.2x

EPS bridge

1.14 → 0.69

Residual

-14.0%

EPS growth-39.3%
Multiple rerating+35.6%
Dividend+0.8%
Residual / FX / buybacks / cross-term-14.0%

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.