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v0.1
8186.HK$0.96-3.03%
Fair $0.96+0.0%

8186.HK

Honor Matrix Holdings Limited

Basic Materials / Lumber & Wood ProductionHKSE

$0.96

-0.03 (-3.03%)

Fairly Valued+0.0%Fair Value $0.96Fund rank 25/100 · Data gapFallback financials|
SA 61/B
F-Score: 5/9

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 19%

FCF escenarios

weak_data · normalized FCF $-3.5M · quality 47.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 11/100Data 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

61/100

B

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: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists.
Thesis & Journal · 8186.HKLocal privado en este navegador · Honor Matrix Holdings Limited
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

$109M

P/E

48.0x

↑

EV/EBITDA

58.4x

↑

ROE

7.2%

↑

Gross Margin

17.3%

↓

Debt/Equity

0.00

↓
52-Week Range$1
$0$2

TradingView lightweight chart

8186.HK price, volumen y niveles de valoración

Último $0.960Periodo -99.9%
Fair value: $0.960

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

+16.7%

FCF CAGR

—

FCF margin

-6.2%

FCF / Net income

-1.30x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $35.5M · net income $1.7M · FCF $-2.2M

2022-FY → 2025-FY

Gross margin

17.3%+5.6% pts

Operating margin

4.9%+20.6% pts

Net margin

4.8%-216.2% pts

FCF margin

-6.2%-5.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$35.5M$35.5M$29.2M$26.9M$22.3M
Net Income$1.7M$1.7M$189000.00$-1.6M$49.3M
EBITDA$1.8M$1.8M$421000.00$-1.1M$51.3M
EPS0.010.010.00-0.031.85
Gross Margin17.3%17.3%19.4%18.1%11.8%
Operating Margin4.9%4.9%1.7%-4.3%-15.6%
Net Margin4.8%4.8%0.6%-6.1%220.9%
Balance Sheet
Debt/Equity0.000.000.000.000.02
Current Ratio6.236.23———
Cash Flow
Free Cash Flow$-2.2M$-2.2M$-10.3M$-3.5M$-57000.00
Returns
ROE7.2%7.2%0.9%-7.7%949.9%
Valuation
P/E48.0048.00375.00—0.10
EV/EBITDA58.3858.38186.40—0.01
P/B4.674.673.937.800.99
Growth & Yield
Revenue Growth21.8%21.8%8.3%20.6%—
EPS Growth650.0%650.0%106.3%-101.7%—

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

78.4%

muy exigente

EPS terminal req.

$0.09

Spread vs growth

571.6%

5Y implied EPS CAGR

47.0%

muy exigente

EPS terminal req.

$0.10

Spread vs growth

603.0%

10Y implied EPS CAGR

27.2%

muy exigente

EPS terminal req.

$0.17

Spread vs growth

622.8%

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 +380.0%

Total return

+380.0%

Start / end P/E

100.0x → 64.0x

EPS bridge

0.00 → 0.01

Residual

-234.0%

EPS growth+650.0%
Multiple rerating-36.0%
Dividend+0.0%
Residual / FX / buybacks / cross-term-234.0%

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.