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9946.TW$16.55+0.00%
Fair $16.55+0.0%

9946.TW

San Far Property Limited

Real Estate / Real Estate - DiversifiedTaiwan

$16.55

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $16.55Fund rank 19/100 · Data gapFallback financials|
SA 24/D
F-Score: 1/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 9.0/100

Data gap 19/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 3/100Data 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

24/100

D

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 5Warnings: 0unknown: 5
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled.
Thesis & Journal · 9946.TWLocal privado en este navegador · San Far Property 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

$5.4B

P/E

10.9x

↓

EV/EBITDA

N/A

•

ROE

N/A

•

Gross Margin

N/A

•

Debt/Equity

1.25

↑
52-Week Range$17
$16$24

TradingView lightweight chart

9946.TW price, volumen y niveles de valoración

Último $16.55Periodo +92.3%
Fair value: $16.55

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2025 · 4 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

—

FCF / Net income

—

Latest source

Provider fallback

Margin decomposition

Último año: revenue — · net income — · FCF —

2021-FY → 2025-FY

Gross margin

—— pts

Operating margin

—— pts

Net margin

—— pts

FCF margin

—— pts
MetricTTM
2025
2024
2023
2022
2021
Income Statement
Revenue——$2.03B$963.1M$2.27B$1.72B
Net Income——$375.3M$88.9M$139.7M$222.3M
EBITDA——$510.4M$140.9M$193.9M$242.8M
EPS——1.150.270.430.68
Gross Margin——35.2%27.7%17.0%24.4%
Operating Margin——22.7%12.0%7.7%12.9%
Net Margin——18.5%9.2%6.1%13.0%
Balance Sheet
Debt/Equity1.251.251.261.271.29—
Current Ratio2.222.22————
Cash Flow
Free Cash Flow——$743.9M$-443.5M$377.2M$-4.05B
Returns
ROE——5.6%1.4%2.2%—
Valuation
P/E10.8910.8919.9179.0728.4921.84
EV/EBITDA——26.9894.7750.9920.11
P/B0.800.801.121.080.62—
Growth & Yield
Revenue Growth——110.9%-57.6%32.5%—
EPS Growth——325.9%-37.2%-36.8%—
Dividend Yield6.3%6.3%————

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 -11.8%

Total return

-11.8%

Start / end P/E

n/dx → n/dx

EPS bridge

1.15 → n/d

Residual

-18.1%

EPS growthn/d
Multiple reratingn/d
Dividend+6.3%
Residual / FX / buybacks / cross-term-18.1%

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.