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TONX$4.23+6.28%
Fair $19.73+366.4%

TONX

TON Strategy Co

Technology / Software - ApplicationNasdaqCM

$4.23

+0.25 (+6.28%)

Significantly Undervalued+366.4%Fair Value $19.73Fund rank 28/100 · Data gapSEC 13/13 yrs|
SA 43/C
F-Score: 4/9
Low 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 28% · confianza 25%

FCF escenarios

weak_data · normalized FCF $-10.9M · quality 49.3/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 13/100Data QA 35/100

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

43/100

C

Piotroski

4/9

balance/quality

Valuation

100/100

+366.4% upside

5Y CAGR

+60.6%

100/100

Data QA

100/100

SEC 100%

Latest source: sec-companyfactsPeriods: 13Warnings: 1sec-companyfacts: 13
ROE is -36.5%, below the 5% threshold
Thesis & Journal · TONXLocal privado en este navegador · TON Strategy Co
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

$239M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-36.5%

↓

Gross Margin

69.5%

↑

Debt/Equity

0.00

↓
52-Week Range$4
$2$30

TradingView lightweight chart

TONX price, volumen y niveles de valoración

Último $4.230Periodo -100.0%
Fair value: $19.73

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2013–2025 · 12 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

-163.2%

FCF / Net income

0.14x

Latest source

SEC-backed

Margin decomposition

Último año: revenue $12.8M · net income $-148.5M · FCF $-20.9M

2013-FY → 2025-FY

Gross margin

69.5%— pts

Operating margin

-285.2%— pts

Net margin

-1161.9%— pts

FCF margin

-163.2%— pts
SEC-backed annual metrics active for 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013. Local SEC Companyfacts override Yahoo/FMP for audited annual line items; provider-only fields remain as fallback.
MetricTTM
2025SEC
2024SEC
2023SEC
2022SEC
2021SEC
2020SEC
2019SEC
2018SEC
2017SEC
2016SEC
2015SEC
2014SEC
2013SEC
Income Statement
Revenue$12.8M$12.8M$895000.00$63000.00$8000.00$10.5M$10.0M$9.1M$32000.00$6000.00————
Net Income$-148.5M$-148.5M$-10.3M$-22.0M$-37.4M$-34.5M$-25.0M$-15.9M$-12.1M$-7.3M$-4.3M$-7.0M$-5.2M$-18244.00
EBITDA$-147.3M$-147.3M$-9.2M$-11.3M$-13.4M$-32.0M$-23.2M$-14.8M$-7.8M$-4.7M$-3.1M$-6.4M$-4.9M—
EPS-5.96-5.96-19.36-441.48-6.68-4400.00————————
Gross Margin69.5%69.5%75.0%69.8%76550.0%57.2%51.8%46.5%-62.5%—————
Operating Margin-285.2%-285.2%-1301.0%-21896.8%-235925.0%-320.3%-248.2%-174.0%-24350.0%-78416.7%————
Net Margin-1161.9%-1161.9%-1154.1%-34911.1%-467962.5%-327.7%-250.4%-174.9%-37896.9%-121100.0%————
Balance Sheet
Debt/Equity0.000.000.030.761.320.310.010.06——————
Current Ratio7.427.42————————————
Cash Flow
Free Cash Flow$-20.9M$-20.9M$-9.1M$-10.9M$-19.4M$-25.9M$-16.6M$-8.3M——$1.6M———
Returns
ROE-36.5%-36.5%-63.8%-703.8%-724.7%-258.9%-232.3%-139.1%-239.9%-125.5%-123.2%-296.9%-257.1%-50.1%
Valuation
P/B0.170.170.100.031.30—————————
Growth & Yield
Revenue Growth1327.8%1327.8%1320.6%687.5%-99.9%5.6%9.5%28337.5%433.3%—————
EPS Growth69.2%69.2%95.6%-6509.0%99.8%—————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 -47.7%

Total return

-47.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-19.36 → -5.96

Residual

-47.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-47.7%

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.