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TCM.MI$1.40-1.41%
Fair $1.40+0.0%

TCM.MI

Tecma Solutions S.p.A.

Real Estate / Real Estate ServicesMilan

$1.40

-0.02 (-1.41%)

Fairly Valued+0.0%Fair Value $1.40Fund rank 20/100 · Data gapFallback financials|
SA 12/F
F-Score: 5/9
High DebtLow Profitability

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 0.0/100

Data gap 20/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 12/100Data 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

12/100

F

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: 2unknown: 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. Debt-to-Equity ratio is 2.08, above the 2.0 threshold ROE is -44.2%, below the 5% threshold
Thesis & Journal · TCM.MILocal privado en este navegador · Tecma Solutions S.p.A.
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

$12M

P/E

N/A

•

EV/EBITDA

16.6x

↑

ROE

-44.2%

↓

Gross Margin

104.4%

↑

Debt/Equity

2.08

↑
52-Week Range$1
$1$3

TradingView lightweight chart

TCM.MI price, volumen y niveles de valoración

Último $1.400Periodo -70.8%
Fair value: $1.400

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

+8.0%

FCF CAGR

—

FCF margin

0.9%

FCF / Net income

-0.12x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $14.0M · net income $-1.1M · FCF $128661.0

2022-FY → 2025-FY

Gross margin

104.4%-3.0% pts

Operating margin

-2.8%+60.3% pts

Net margin

-7.5%+62.5% pts

FCF margin

0.9%+67.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$14.0M$14.0M$15.0M$13.1M$11.1M
Net Income$-1.1M$-1.1M$-2.0M$-7.7M$-7.8M
EBITDA$903497.00$903497.00$2.3M$-2.8M$-2.9M
EPS———-0.89-0.91
Gross Margin104.4%104.4%101.1%112.8%107.4%
Operating Margin-2.8%-2.8%-11.0%-51.2%-63.1%
Net Margin-7.5%-7.5%-13.2%-58.6%-70.0%
Balance Sheet
Debt/Equity2.082.081.641.240.41
Current Ratio1.811.81———
Cash Flow
Free Cash Flow$128661.00$128661.00$817423.00$-4.8M$-7.4M
Returns
ROE-44.2%-44.2%-55.3%-130.0%-56.8%
Valuation
EV/EBITDA16.6016.608.57——
P/B5.045.044.634.363.86
Growth & Yield
Revenue Growth-6.6%-6.6%14.2%18.1%—
EPS Growth———1.2%—

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 -9.7%

Total return

-9.7%

Start / end P/E

n/dx → n/dx

EPS bridge

n/d → n/d

Residual

-9.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-9.7%

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.