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v0.1
TUNE.L$196.75-0.13%
Fair $196.75+0.0%

TUNE.L

Focusrite plc

Consumer Cyclical / LeisureLSE

$196.75

-0.25 (-0.13%)

Fairly Valued+0.0%Fair Value $196.75Fund rank 26/100 · Data gapFallback financials|
SA 34/D
F-Score: 3/9
Declining RevenueMargin CompressionLow 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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-3.1M · quality 43.3/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 18/100Data 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

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 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 Operating margin has declined for 3 consecutive years ROE is 2.2%, below the 5% threshold
Thesis & Journal · TUNE.LLocal privado en este navegador · Focusrite plc
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

$114M

P/E

21.9x

↑

EV/EBITDA

698.2x

↑

ROE

2.2%

↓

Gross Margin

44.5%

↑

Debt/Equity

0.37

↓
52-Week Range$197
$150$255

TradingView lightweight chart

TUNE.L price, volumen y niveles de valoración

Último $196.75Periodo +44.1%
Fair value: $196.75

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

-3.0%

FCF CAGR

—

FCF margin

-2.0%

FCF / Net income

-1.21x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $158.5M · net income $2.6M · FCF $-3.1M

2021-FY → 2024-FY

Gross margin

44.5%-3.9% pts

Operating margin

3.6%-17.0% pts

Net margin

1.6%-14.6% pts

FCF margin

-2.0%-20.3% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$158.5M$158.5M$178.5M$183.7M$173.9M
Net Income$2.6M$2.6M$17.8M$24.8M$28.3M
EBITDA$16.8M$16.8M$35.4M$40.8M$45.9M
EPS0.040.040.300.420.48
Gross Margin44.5%44.5%47.5%45.3%48.4%
Operating Margin3.6%3.6%13.6%15.6%20.6%
Net Margin1.6%1.6%10.0%13.5%16.3%
Balance Sheet
Debt/Equity0.370.370.320.220.01
Current Ratio3.113.11———
Cash Flow
Free Cash Flow$-3.1M$-3.1M$11.9M$-4.0M$31.9M
Returns
ROE2.2%2.2%15.0%23.5%33.5%
Valuation
P/E21.8621.861721.851935.873589.21
EV/EBITDA698.18698.18865.341178.112211.70
P/B100.79100.79258.80455.941204.34
Growth & Yield
Revenue Growth-11.2%-11.2%-2.9%5.6%—
EPS Growth-85.4%-85.4%-28.3%-12.7%—
Dividend Yield2.1%2.1%———

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

634.8%

muy exigente

EPS terminal req.

$17.46

Spread vs growth

-720.3%

5Y implied EPS CAGR

243.8%

muy exigente

EPS terminal req.

$21.12

Spread vs growth

-329.2%

10Y implied EPS CAGR

94.5%

muy exigente

EPS terminal req.

$34.02

Spread vs growth

-179.9%

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 +13.0%

Total return

+13.0%

Start / end P/E

587.7x → 4471.6x

EPS bridge

0.30 → 0.04

Residual

-564.5%

EPS growth-85.4%
Multiple rerating+660.8%
Dividend+2.1%
Residual / FX / buybacks / cross-term-564.5%

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.