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Financial Analysis

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QRF.BR$11.20-0.88%
Fair $11.20+0.0%

QRF.BR

Qrf Comm. VA

Real Estate / REIT - RetailBrussels

$11.20

-0.10 (-0.88%)

Fairly Valued+0.0%Fair Value $11.20Fund rank 36/100 · Data gapFallback financials|
SA 34/D
F-Score: 6/9

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 100% · confianza 20%

FCF escenarios

weak_data · normalized FCF n/d · quality 22.0/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 90/100Data 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

34/100

D

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: 0unknown: 4
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 · QRF.BRLocal privado en este navegador · Qrf Comm. VA
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

$116M

P/E

5.1x

↓

EV/EBITDA

11.8x

↓

ROE

8.8%

↑

Gross Margin

86.0%

↑

Debt/Equity

0.76

↑
52-Week Range$11
$10$12

TradingView lightweight chart

QRF.BR price, volumen y niveles de valoración

Último $11.20Periodo -55.7%
Fair value: $11.20

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

+4.3%

FCF CAGR

+3.1%

FCF margin

69.2%

FCF / Net income

0.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $13.8M · net income $10.9M · FCF $9.6M

2021-FY → 2024-FY

Gross margin

86.0%-3.8% pts

Operating margin

70.9%-4.0% pts

Net margin

79.0%+59.9% pts

FCF margin

69.2%-2.4% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$13.8M$13.8M$15.1M$13.2M$12.2M
Net Income$10.9M$10.9M$-2.5M$12.6M$2.3M
EBITDA$15.3M$15.3M$4.5M$14.4M$3.3M
EPS1.401.40-0.321.680.32
Gross Margin86.0%86.0%90.1%89.9%89.8%
Operating Margin70.9%70.9%76.5%73.7%74.9%
Net Margin79.0%79.0%-16.3%95.4%19.1%
Balance Sheet
Debt/Equity0.760.761.081.121.03
Current Ratio0.080.08———
Cash Flow
Free Cash Flow$9.6M$9.6M$11.2M$10.4M$8.7M
Returns
ROE8.8%8.8%-2.1%10.0%2.0%
Valuation
P/E5.145.14—5.7133.75
EV/EBITDA11.8011.8045.8514.5660.35
P/B0.710.710.640.570.67
Growth & Yield
Revenue Growth-8.2%-8.2%14.1%8.3%—
EPS Growth537.5%537.5%-119.0%425.0%—
Dividend Yield14.8%14.8%———

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

-10.8%

fácil

EPS terminal req.

$0.99

Spread vs growth

548.3%

5Y implied EPS CAGR

-3.0%

fácil

EPS terminal req.

$1.20

Spread vs growth

540.5%

10Y implied EPS CAGR

3.3%

fácil

EPS terminal req.

$1.94

Spread vs growth

534.2%

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 +24.6%

Total return

+24.6%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.32 → 1.40

Residual

+9.8%

EPS growthn/d
Multiple reratingn/d
Dividend+14.8%
Residual / FX / buybacks / cross-term+9.8%

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.