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6892.TWO$26.40-2.22%
Fair $26.40+0.0%

6892.TWO

Taiwan Bio Therapeutics Co., Ltd

Healthcare / BiotechnologyTaipei Exchange

$26.40

-0.60 (-2.22%)

Fairly Valued+0.0%Fair Value $26.40Fund rank 32/100 · Data gapFallback financials|
SA 13/F
F-Score: 2/9
Low 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 33% · confianza 25%

FCF escenarios

weak_data · normalized FCF $-285.8M · quality 78.3/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 47/100Data 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

2/9

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. ROE is -52.3%, below the 5% threshold
Thesis & Journal · 6892.TWOLocal privado en este navegador · Taiwan Bio Therapeutics 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

$2.4B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-52.3%

↓

Gross Margin

63.7%

↑

Debt/Equity

0.44

↑
52-Week Range$26
$24$36

TradingView lightweight chart

6892.TWO price, volumen y niveles de valoración

Último $26.40Periodo -38.1%
Fair value: $26.40

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

+4.1%

FCF CAGR

—

FCF margin

-484.7%

FCF / Net income

0.64x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $50.4M · net income $-381.6M · FCF $-244.4M

2022-FY → 2025-FY

Gross margin

63.7%-7.0% pts

Operating margin

-762.0%-344.9% pts

Net margin

-756.8%-335.4% pts

FCF margin

-484.7%+14.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$50.4M$50.4M$105.1M$85.5M$44.7M
Net Income$-381.6M$-381.6M$-351.8M$-217.5M$-188.6M
EBITDA$-249.2M$-249.2M$-247.4M$-146.0M$-129.5M
EPS——-4.81-3.80-3.78
Gross Margin63.7%63.7%53.4%89.3%70.8%
Operating Margin-762.0%-762.0%-334.4%-251.1%-417.1%
Net Margin-756.8%-756.8%-334.7%-254.5%-421.4%
Balance Sheet
Debt/Equity0.440.440.290.440.54
Cash Flow
Free Cash Flow$-244.4M$-244.4M$-363.3M$-285.8M$-223.2M
Returns
ROE-52.3%-52.3%-32.2%-35.5%-35.8%
Valuation
P/B3.073.072.723.152.86
Growth & Yield
Revenue Growth-52.0%-52.0%23.0%91.0%—
EPS Growth——-26.7%-0.5%—

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 -11.9%

Total return

-11.9%

Start / end P/E

n/dx → n/dx

EPS bridge

-4.81 → n/d

Residual

-11.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-11.9%

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.