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AS-R.BK$2.42-10.37%
Fair $2.42+0.0%

AS-R.BK

Asphere Innovations Public Company Limited

Communication Services / Electronic Gaming & MultimediaThailand

$2.42

-0.28 (-10.37%)

Fairly Valued+0.0%Fair Value $2.42Fund rank 34/100 · Data gapFallback financials|
SA 48/C
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 25% · confianza 25%

FCF escenarios

weak_data · normalized FCF $191.1M · quality 70.7/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 60/100Data 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

48/100

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: 0unknown: 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.
Thesis & Journal · AS-R.BKLocal privado en este navegador · Asphere Innovations Public Company 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

$1.2B

P/E

9.0x

↓

EV/EBITDA

3.5x

↓

ROE

10.4%

↑

Gross Margin

43.8%

↓

Debt/Equity

0.05

↓
52-Week Range$2
$2$4

TradingView lightweight chart

AS-R.BK price, volumen y niveles de valoración

Último $2.420Periodo -74.0%
Fair value: $2.420

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

-8.2%

FCF CAGR

+60.2%

FCF margin

15.7%

FCF / Net income

1.34x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.22B · net income $143.0M · FCF $191.1M

2022-FY → 2025-FY

Gross margin

43.8%-5.1% pts

Operating margin

12.8%-2.7% pts

Net margin

11.7%-5.3% pts

FCF margin

15.7%+12.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.22B$1.22B$1.12B$1.45B$1.58B
Net Income$143.0M$143.0M$189.3M$218.3M$268.6M
EBITDA$267.8M$267.8M$321.4M$364.5M$414.7M
EPS0.290.290.380.430.57
Gross Margin43.8%43.8%49.7%49.9%49.0%
Operating Margin12.8%12.8%15.8%13.0%15.5%
Net Margin11.7%11.7%16.9%15.1%17.0%
Balance Sheet
Debt/Equity0.050.050.120.440.02
Current Ratio2.012.01———
Cash Flow
Free Cash Flow$191.1M$191.1M$108.6M$268.9M$46.5M
Returns
ROE10.4%10.4%14.9%23.2%27.9%
Valuation
P/E8.968.9610.9127.4028.12
EV/EBITDA3.523.526.3516.6516.79
P/B0.880.881.636.397.84
Growth & Yield
Revenue Growth8.9%8.9%-22.7%-8.0%—
EPS Growth-23.7%-23.7%-11.6%-24.6%—
Dividend Yield7.4%7.4%———

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

-9.5%

fácil

EPS terminal req.

$0.21

Spread vs growth

-14.2%

5Y implied EPS CAGR

-2.2%

fácil

EPS terminal req.

$0.26

Spread vs growth

-21.5%

10Y implied EPS CAGR

3.7%

fácil

EPS terminal req.

$0.42

Spread vs growth

-27.4%

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 +7.1%

Total return

+7.1%

Start / end P/E

6.4x → 8.3x

EPS bridge

0.38 → 0.29

Residual

-7.3%

EPS growth-23.7%
Multiple rerating+30.6%
Dividend+7.4%
Residual / FX / buybacks / cross-term-7.3%

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.