No target price is issued: the company falls outside the profile this method looks for.
Financial comments3
Interest coverage below 4×.
Stagnation: 3-year earnings CAGR at or below zero. It is scored, not cut: the penalty is charged by the Impairment modifier, where it is continuous and capped.
Impairment of earnings: 43 % of the window, weighted by recency → 5.2 points. It is the only place in the model where a bad year subtracts.
Calculation comments2
The derivado consensus candidate was rejected (base_reconstruida) and is not used.
Anomalous financial year(s) in FCF (M4 payout) (2022): out of this component's estimators; they still count in the counters and hard cuts.
Quality factors
Each factor scores 0–100 on its own scale; the score is their weighted average.
Score
Weight → points
Growth consistency44
Earnings · fit to the log-linear line · σ_resid = 0.44522 %14
Earnings · hit rate · 26 %16 %0
Earnings · volatility · n/a11 %—
Revenue · fit to the log-linear line · σ_resid = 0.03914 %92
Short effective sample (N_eff = 2.9 < 4): the fit subcomponent is shrunk towards neutral.
·20 → 8,79
Growth pace14
Realized · -23.9 %50 %18
Expected · —50 %9
·20 → 2,72
No recent stagnation12
Realized slowdown · 1.00×50 %21
Expected slowdown · n/a50 %2
3-year earnings CAGR at or below zero (-23.9 %): the engine has slowed. It is scored on the acceleration scale, not cut — a binary cut turned a continuous fact into a cliff, and fired on 36 % of the universe.
Stagnation: 3-year earnings CAGR at or below zero. It is scored, not cut: the penalty is charged by the Impairment modifier, where it is continuous and capped.
·15 → 1,73
FCF quality83
FCF / net income conversion · 1.07×100 %83
Window chosen: last 5 years (the best of those evaluated).
Anomalous financial year(s) in earnings (2022, 2025): out of this component's estimators; they still count in the counters and hard cuts.
Anomalous financial year(s) in FCF (2022): out of this component's estimators; they still count in the counters and hard cuts.
Positive FCF in 4 of the 5 years in the window.
An anomalous year is out of the estimators; it still counts in the counters and hard cuts.
·15 → 12,44
Debt0
Net debt / EBITDA · 10.00×100 %0
Interest coverage (EBIT / |interest|) = 0.0×.
Interest coverage below 4×.
·15 → 0,00
Return on invested capital (ROIC)85
Level (recency-weighted mean) · 18.1 %50 %82
Spread over the required return · +0.1 pp over the 10 % required30 %90
Trend · window too short20 %—
Anomalous financial year(s) in earnings or invested capital (2022, 2025): out of this component's estimators; they still count in the counters and hard cuts.
An anomalous year is out of the estimators; it still counts in the counters and hard cuts.
·15 → 12,81
Weighted base
·100 → 38,48
Modifiers and penalties
The factors build the score; the modifiers correct it, within +23 / −28. Same 0–100 bar, 100 is always good.
Score
Range
Points
Gross margin trend · −7.4 pp accumulated over 4 years0
