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TRAC-B.ST$235.00-0.84%
Fair $235.00+0.0%

TRAC-B.ST

AB Traction

Financial Services / Asset ManagementStockholm

$235.00

-2.00 (-0.84%)

Fairly Valued+0.0%Fair Value $235.00Fund rank 28/100 · Data gapFallback financials|
SA 16/F
F-Score: 2/9
Low 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 23.0/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 52/100Data 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

16/100

F

Piotroski

2/9

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); financial Book/ROE targets are disabled until manually verified. ROE is 4.5%, below the 5% threshold
Thesis & Journal · TRAC-B.STLocal privado en este navegador · AB Traction
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

$3.5B

P/E

105.4x

↑

EV/EBITDA

N/A

•

ROE

4.5%

↓

Gross Margin

N/A

•

Debt/Equity

N/A

•
52-Week Range$235
$224$276

TradingView lightweight chart

TRAC-B.ST price, volumen y niveles de valoración

Último $235.00Periodo +464.0%
Fair value: $235.00

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

—

FCF CAGR

-5.7%

FCF margin

61.9%

FCF / Net income

0.67x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $211.1M · net income $195.1M · FCF $130.6M

2022-FY → 2025-FY

Gross margin

—— pts

Operating margin

—— pts

Net margin

92.4%-11.9% pts

FCF margin

61.9%+104.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$211.1M$211.1M$490.4M$284.4M$-362.1M
Net Income$195.1M$195.1M$477.1M$269.8M$-377.8M
EPS13.2013.2032.2618.24-25.54
Net Margin92.4%92.4%97.3%94.9%104.3%
Balance Sheet
Current Ratio925.31925.31———
Cash Flow
Free Cash Flow$130.6M$130.6M$140.4M$174.6M$155.9M
Returns
ROE4.5%4.5%11.2%6.9%-10.0%
Valuation
P/E105.38105.388.4013.32—
P/B0.810.810.940.920.85
Growth & Yield
Revenue Growth-57.0%-57.0%72.4%178.5%—
EPS Growth-59.1%-59.1%76.9%171.4%—
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

16.5%

exigente

EPS terminal req.

$20.85

Spread vs growth

-75.5%

5Y implied EPS CAGR

13.8%

razonable

EPS terminal req.

$25.23

Spread vs growth

-72.9%

10Y implied EPS CAGR

11.9%

razonable

EPS terminal req.

$40.64

Spread vs growth

-71.0%

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 -10.7%

Total return

-10.7%

Start / end P/E

8.5x → 17.8x

EPS bridge

32.26 → 13.20

Residual

-64.8%

EPS growth-59.1%
Multiple rerating+109.6%
Dividend+3.5%
Residual / FX / buybacks / cross-term-64.8%

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.