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CMRC$3.27-3.36%
Fair $3.27+0.0%

CMRC

Commerce.com, Inc.

Technology / Software - ApplicationNasdaqGM

$3.27

-0.11 (-3.36%)

Fairly Valued+0.0%Fair Value $3.27Fund rank 17/100 · Data gapFallback financials|
SA 19/F
F-Score: 6/9
High DebtLow 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 34% · confianza 14%

FCF escenarios

weak_data · normalized FCF $14.4M · quality 14.0/100

Data gap 17/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 13/100Data 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

19/100

F

Piotroski

6/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 8Warnings: 2unknown: 8
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. Debt-to-Equity ratio is 4.21, above the 2.0 threshold ROE is -49.1%, below the 5% threshold
Thesis & Journal · CMRCLocal privado en este navegador · Commerce.com, Inc.
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

$270M

P/E

N/A

•

EV/EBITDA

58.6x

↑

ROE

-49.1%

↓

Gross Margin

78.7%

↑

Debt/Equity

4.21

↑
52-Week Range$3
$2$6

TradingView lightweight chart

CMRC price, volumen y niveles de valoración

Último $3.160Periodo -95.6%
Fair value: $3.270

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2018–2025 · 7 años de histórico normalizado

Revenue CAGR

+20.7%

FCF CAGR

—

FCF margin

4.2%

FCF / Net income

-0.75x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $342.3M · net income $-19.3M · FCF $14.4M

2018-FY → 2025-FY

Gross margin

78.7%+2.6% pts

Operating margin

-1.4%+40.0% pts

Net margin

-5.6%+36.7% pts

FCF margin

4.2%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
Income Statement
Revenue$342.3M$342.3M$332.9M$309.4M$279.1M$219.9M$152.4M$112.1M$91.9M
Net Income$-19.3M$-19.3M$-27.0M$-64.7M$-139.9M$-76.7M$-37.6M$-42.6M$-38.9M
EBITDA$6.5M$6.5M$-7.1M$-51.3M$-127.1M$-73.1M$-35.6M$-38.4M$-36.2M
EPS——-0.35-0.86-1.91-1.08-0.99——
Gross Margin78.7%78.7%76.7%76.0%74.9%77.9%77.6%75.9%76.1%
Operating Margin-1.4%-1.4%-8.0%-18.0%-35.1%-34.5%-25.4%-36.6%-41.3%
Net Margin-5.6%-5.6%-8.1%-20.9%-50.1%-34.9%-24.7%-38.0%-42.3%
Balance Sheet
Debt/Equity4.214.216.6113.707.672.43—-0.15—
Current Ratio1.981.98———————
Cash Flow
Free Cash Flow$14.4M$14.4M$22.5M$-28.4M$-94.6M————
Returns
ROE-49.1%-49.1%-81.0%-253.3%-306.4%-55.4%-17.3%16.6%18.4%
Valuation
EV/EBITDA58.6558.65———————
P/B6.566.5614.7724.6013.36————
Growth & Yield
Revenue Growth2.8%2.8%7.6%10.9%—44.3%35.9%22.0%—
EPS Growth——59.3%55.0%—-9.1%———

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 -36.8%

Total return

-36.8%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.35 → n/d

Residual

-36.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-36.8%

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.