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v0.1
NOTES.XC$175.20+0.00%
Fair $175.20+0.0%

NOTES.XC

NOTE AB (publ)

Technology / Electronic ComponentsCboe UK

$175.20

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $175.20Fund rank 33/100 · Data gapFallback financials|
SA 52/C
F-Score: 6/9
Declining Revenue

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 26% · confianza 25%

FCF escenarios

weak_data · normalized FCF $362.4M · quality 63.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 53/100Data 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

52/100

C

Piotroski

6/9

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. Revenue has declined for 2 consecutive years
Thesis & Journal · NOTES.XCLocal privado en este navegador · NOTE AB (publ)
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

$5.0B

P/E

18.6x

↓

EV/EBITDA

10.9x

↓

ROE

17.1%

↑

Gross Margin

13.9%

↓

Debt/Equity

0.50

↑
52-Week Range$175
$137$200

TradingView lightweight chart

NOTES.XC price, volumen y niveles de valoración

Último $175.20Periodo +1301.6%
Fair value: $175.20

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

+1.1%

FCF CAGR

+413.8%

FCF margin

9.5%

FCF / Net income

1.29x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.81B · net income $281.7M · FCF $362.4M

2022-FY → 2025-FY

Gross margin

13.9%+1.0% pts

Operating margin

10.0%+0.3% pts

Net margin

7.4%+0.5% pts

FCF margin

9.5%+9.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.81B$3.81B$3.90B$4.24B$3.69B
Net Income$281.7M$281.7M$248.0M$320.0M$254.2M
EBITDA$504.5M$504.5M$471.2M$539.2M$409.7M
EPS9.899.898.6111.048.78
Gross Margin13.9%13.9%13.3%12.1%12.8%
Operating Margin10.0%10.0%9.1%8.9%9.7%
Net Margin7.4%7.4%6.4%7.5%6.9%
Balance Sheet
Debt/Equity0.500.500.380.540.50
Current Ratio1.151.15———
Cash Flow
Free Cash Flow$362.4M$362.4M$495.2M$246.9M$2.7M
Returns
ROE17.1%17.1%15.1%22.9%23.1%
Valuation
P/E18.5618.5615.9615.4717.44
EV/EBITDA10.9510.958.8710.2611.97
P/B3.033.032.423.554.04
Growth & Yield
Revenue Growth-2.2%-2.2%-8.1%15.1%—
EPS Growth14.9%14.9%-22.0%25.7%—
Dividend Yield3.5%3.5%———

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

16.3%

exigente

EPS terminal req.

$15.55

Spread vs growth

-1.4%

5Y implied EPS CAGR

13.7%

razonable

EPS terminal req.

$18.81

Spread vs growth

1.1%

10Y implied EPS CAGR

11.8%

razonable

EPS terminal req.

$30.29

Spread vs growth

3.0%

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 +31.0%

Total return

+31.0%

Start / end P/E

16.0x → 17.7x

EPS bridge

8.61 → 9.89

Residual

+1.6%

EPS growth+14.9%
Multiple rerating+11.0%
Dividend+3.5%
Residual / FX / buybacks / cross-term+1.6%

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.