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9925.TW$40.25-0.62%
Fair $40.25+0.0%

9925.TW

Taiwan Shin Kong Security Co., Ltd.

Industrials / Security & Protection ServicesTaiwan

$40.25

-0.25 (-0.62%)

Fairly Valued+0.0%Fair Value $40.25Fund rank 38/100 · Data gapFallback financials|
SA 44/C
F-Score: 4/9
Margin Compression

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 22% · confianza 25%

FCF escenarios

weak_data · normalized FCF $802.4M · quality 82.3/100

Data gap 38/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 85/100Data 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

44/100

C

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. 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
Thesis & Journal · 9925.TWLocal privado en este navegador · Taiwan Shin Kong Security 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

$15.5B

P/E

17.1x

↑

EV/EBITDA

6.9x

↓

ROE

7.0%

↑

Gross Margin

33.2%

↑

Debt/Equity

0.19

↓
52-Week Range$40
$40$42

TradingView lightweight chart

9925.TW price, volumen y niveles de valoración

Último $40.25Periodo +114.6%
Fair value: $40.25

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

+2.1%

FCF CAGR

-0.4%

FCF margin

9.9%

FCF / Net income

0.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $8.13B · net income $911.2M · FCF $802.4M

2022-FY → 2025-FY

Gross margin

33.2%-2.5% pts

Operating margin

9.4%-3.4% pts

Net margin

11.2%-1.4% pts

FCF margin

9.9%-0.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$8.13B$8.13B$7.85B$7.71B$7.65B
Net Income$911.2M$911.2M$885.3M$937.9M$965.2M
EBITDA$2.06B$2.06B$1.96B$2.03B$2.02B
EPS——2.292.432.50
Gross Margin33.2%33.2%34.7%35.0%35.8%
Operating Margin9.4%9.4%10.1%11.4%12.8%
Net Margin11.2%11.2%11.3%12.2%12.6%
Balance Sheet
Debt/Equity0.190.190.250.270.27
Current Ratio1.991.99———
Cash Flow
Free Cash Flow$802.4M$802.4M$619.7M$823.6M$813.1M
Returns
ROE7.0%7.0%7.5%8.4%9.2%
Valuation
P/E17.1317.1317.8616.5815.72
EV/EBITDA6.926.927.617.106.91
P/B1.191.191.331.391.45
Growth & Yield
Revenue Growth3.7%3.7%1.7%0.8%—
EPS Growth——-5.8%-2.8%—
Dividend Yield5.0%5.0%———

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 +2.2%

Total return

+2.2%

Start / end P/E

n/dx → n/dx

EPS bridge

2.29 → n/d

Residual

-2.8%

EPS growthn/d
Multiple reratingn/d
Dividend+5.0%
Residual / FX / buybacks / cross-term-2.8%

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.