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688657.SS$36.80+1.02%
Fair $36.80+0.0%

688657.SS

Gstarsoft Co., Ltd.

Technology / Software - ApplicationShanghai

$36.80

+0.37 (+1.02%)

Fairly Valued+0.0%Fair Value $36.80Fund rank 39/100 · Data gapFallback financials|
SA 56/C
F-Score: 5/9
Margin 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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $65.7M · quality 83.3/100

Data gap 39/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 87/100Data 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

56/100

C

Piotroski

5/9

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. Operating margin has declined for 3 consecutive years ROE is 3.6%, below the 5% threshold
Thesis & Journal · 688657.SSLocal privado en este navegador · Gstarsoft 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

$3.5B

P/E

72.2x

↑

EV/EBITDA

17.2x

↑

ROE

3.6%

↓

Gross Margin

92.6%

↑

Debt/Equity

0.01

↓
52-Week Range$37
$27$45

TradingView lightweight chart

688657.SS price, volumen y niveles de valoración

Último $36.80Periodo -11.8%
Fair value: $36.80

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

+11.3%

FCF CAGR

+26.9%

FCF margin

24.8%

FCF / Net income

1.62x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $332.1M · net income $50.8M · FCF $82.4M

2022-FY → 2025-FY

Gross margin

92.6%+0.8% pts

Operating margin

12.4%-14.3% pts

Net margin

15.3%-10.6% pts

FCF margin

24.8%+8.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$332.1M$332.1M$289.0M$278.1M$240.7M
Net Income$50.8M$50.8M$63.0M$54.1M$62.2M
EBITDA$64.6M$64.6M$66.6M$56.8M$68.9M
EPS0.780.780.960.951.27
Gross Margin92.6%92.6%92.0%91.5%91.8%
Operating Margin12.4%12.4%13.8%18.1%26.6%
Net Margin15.3%15.3%21.8%19.5%25.9%
Balance Sheet
Debt/Equity0.010.010.000.000.00
Current Ratio16.6816.68———
Cash Flow
Free Cash Flow$82.4M$82.4M$63.6M$65.7M$40.3M
Returns
ROE3.6%3.6%4.4%3.9%21.1%
Valuation
P/E72.1672.1626.3140.51—
EV/EBITDA17.1717.177.6019.19—
P/B1.691.691.171.56—
Growth & Yield
Revenue Growth14.9%14.9%3.9%15.5%—
EPS Growth-18.7%-18.7%1.1%-25.0%—
Dividend Yield1.6%1.6%———

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

61.2%

muy exigente

EPS terminal req.

$3.27

Spread vs growth

-79.9%

5Y implied EPS CAGR

38.3%

muy exigente

EPS terminal req.

$3.95

Spread vs growth

-57.1%

10Y implied EPS CAGR

23.4%

exigente

EPS terminal req.

$6.36

Spread vs growth

-42.1%

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 +27.4%

Total return

+27.4%

Start / end P/E

30.5x → 47.2x

EPS bridge

0.96 → 0.78

Residual

-10.3%

EPS growth-18.7%
Multiple rerating+54.8%
Dividend+1.6%
Residual / FX / buybacks / cross-term-10.3%

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.