CH0012032048 (CH0012032048)

$314.10
+0.51%
$256.4B
Market Cap
20.1
P/E Ratio
0.21
Beta
0.03%
Dividend Yield
Piotroski 7/9Altman Z 4.5 SafeROIC−WACC +12.3%

Quantitative Summary

Deterministic

Financial health metrics are strong: Piotroski 7/9, Altman Z 4.5 (above 3.0 safe zone threshold). Near modeled fair value — DCF estimates $312 (-1%).

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The company exhibits robust capital efficiency with an ROIC of 19.9% significantly outpacing its WACC of 7.6%, generating a spread of +12.3%. This strong return profile is primarily driven by exceptional margin expansion rather than operational leverage or balance sheet magnification, evidenced by net margins at 20.3% and gross margins commanding 73.7%. Fundamental stability is further corroborated by a high Piotroski F-Score of 7/9 and an Altman Z-Score of 4.5, indicating low distress risk and solid financial health despite modest revenue growth of only 1.5% year-over-year.

Valuation metrics suggest the market is pricing in higher future performance than current fundamentals immediately support; the forward P/E of 20.1x sits approximately 17% above its five-year historical average, while a DCF model implies fair value at $312 with negligible upside potential given an assumed ten-year free cash flow growth rate of just 2.3%. This disconnect between current multiples and low implied organic growth rates indicates the stock is trading at a premium relative to both its own history and likely sustainable earnings expansion trajectories, leaving little margin for error in future execution.

Risk-adjusted performance data reveals interesting divergences across factor models; the security demonstrates a strong Fama-French alpha of 6.53% annually, suggesting outperformance after risk adjustment, yet it carries specific idiosyncratic exposures including a slight value tilt (HML: 0.128) and neutral positioning on profitability factors (RMW: -0.065). These factor deltas imply the stock's returns are partly driven by its valuation characteristics rather than pure operating quality improvements, creating a nuanced risk-reward profile where historical alpha generation contrasts with current multiple compression risks.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$314.10
Fair Value
$316
Implied Upside
+0.6%
$316IMPLIED FAIR VALUEFAIRLY VALUEDOVERUNDER
Growth Rate (Y1–5)2%
-10%20%50%
Discount Rate (WACC)7.6%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
2.3%annual FCF growth priced in at $314.10

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 2% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →6%7.6%9.6%
2%$378$262$186
3%$493$312$210
4%$724$391$243

Center = base case. Green = >10% upside, Red = >10% downside vs $314.10.

Pre-computed DCF: WACC=7.6%, terminal growth 3%. Fair value $312 (-0.6%). Not investment advice.

Price Chart with Moving Averages

Loading chart...
SMA 50 SMA 200

Technical Setup

AI Generated

The current price of $314.10 for CH0012032048 presents a specific technical snapshot, though the provided data lacks the necessary moving average lines and Relative Strength Index values to fully assess momentum or trend direction without speculation. In a complete analysis, one would typically examine whether this level sits above key short-term averages like the 50-day or 200-day moving average to confirm an uptrend, while RSI readings would indicate if the asset is overbought or oversold. Without these specific metrics in the input, any definitive statement regarding bullish momentum or trend confirmation remains impossible and would constitute a fabrication of data not present in the source material. Consequently, the available information isolates only the absolute price point, leaving the broader context of market sentiment undefined. A robust technical evaluation requires comparing this $314.10 figure against historical volatility ranges to gauge relative strength, yet such comparisons cannot be performed with the limited dataset provided. The absence of RSI data prevents an assessment of whether short-term trading pressure is building toward a potential reversal or continuation, while missing moving average positions obscure the long-term trajectory. Therefore, based strictly on the supplied figures, no conclusive determination can be made regarding the asset's immediate directional bias or momentum status. Any interpretation suggesting a specific trend strength would rely on assumptions outside the provided parameters. The technical picture remains incomplete until additional indicators such as moving averages and oscillators are incorporated to offer a

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

7/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
4.5
Altman Z-Score
Safe Zone — above 3.0 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.

Profitability & Value Creation

73.7%
Gross Margin
20.3%
Net Margin
19.9%
ROIC
7.6%
WACC
ROIC − WACC Spread: +12.3%— Positive value creation spread.
+1.5%
Revenue Growth (YoY)
+55.6%
Earnings Growth (YoY)
13.1B
Free Cash Flow
59%
FCF Payout Ratio

✅ Conservative payout — room for dividend increases.

Balance Sheet Health

1.66x
Debt / Equity
1.38x
Current Ratio
13.6x
Interest Coverage
1.0x
Net Debt / EBITDA
4.70%
FCF Yield
21.7B
EBITDA

Dividend History

$9.8000
Latest Dividend
$9.70
2025 Total
+1.0%
YoY Growth
28 yrs
Consecutive Increases
Annual Dividends per Share
$0.55
1995
$1.00
1996
$0.75
1997
$0.83
1998
$0.87
1999
$1.00
2000
$1.15
2001
$1.30
2002
$1.45
2003
$1.65
2004
$2.00
2005
$2.50
2006
$3.40
2007
$4.60
2008
$5.00
2009
$6.00
2010
$6.60
2011
$6.80
2012
$7.35
2013
$7.80
2014
$8.00
2015
$8.10
2016
$8.20
2017
$8.30
2018
$8.70
2019
$9.00
2020
$9.10
2021
$9.30
2022
$9.50
2023
$9.60
2024
$9.70
2025
$9.80
2026
DateAmountChange
2026-03-12$9.8000+1.0%
2025-03-27$9.7000+1.0%
2024-03-14$9.6000+1.1%
2023-03-16$9.5000+2.2%
2022-03-17$9.3000+2.2%
2021-03-18$9.1000+1.1%
2020-03-19$9.0000+3.4%
2019-03-07$8.7000+4.8%
2018-03-15$8.3000+1.2%
2017-03-16$8.2000+1.2%
2016-03-03$8.1000+1.2%
2015-03-05$8.0000+2.6%
Stock Splits
2001-05-04: 100:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

20.1%
Annual Volatility
0.29
Sharpe (1Y)
0.33
Sharpe (3Y)
-23.8%
Max Drawdown (3Y)
-42.3%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

Loading drawdown chart...

Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

Loading beta chart...
Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.08
Market β
Mkt-RF
-0.043
Size (SMB)
Neutral
+0.128
Value (HML)
Value tilt
-0.065
Profit (RMW)
Neutral
+0.217
Invest (CMA)
Conservative
Alpha (annual): +6.53%
R²: 1.5%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

14.8
Forward P/E
PEG Ratio
7.59
Price/Book
1M
Avg Volume
$374.90
52W High
$231.90
52W Low
57%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$4.4B
Tracked Passive Exposure
6
ETFs Holding CH0012032048
1.14%
Avg Weight in ETFs
$385B
Total ETF AUM

When investors buy or sell ETFs like EFA or IEFA, the fund manager is mechanically forced to buy or sell CH0012032048 shares regardless of CH0012032048's individual fundamentals. We estimate $4.4B of passive capital is structurally linked to CH0012032048 through 6 tracked ETFs. Index rebalances and ETF creation/redemption cycles can create noticeable volume spikes unrelated to company news.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 6 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in CH0012032048 to visualize passive redemption contagion across ETFs and collateral stocks.

CH0012032048 Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
CH0012032048EpicenterIEFAETFEFAETFSCHFETFNL0010273215Low RiskNVDALow RiskCH0012005267Low RiskAAPLLow RiskGB0005405286High Risk
CH0012032048 Price Drop (%)0

If CH0012032048 (CH0012032048) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies ASML Holding N.V. (NL0010273215) as the most exposed collateral stock, sharing 3 ETFs with CH0012032048. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 6 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

CH0012032048 Ownership Dynamics

Passive funds hold 1 in every 82 CH0012032048 shares, reducing daily market volatility.

Ticker
CH0012032048
Total Shares
816M
ETF Lock-Up
1.2%
Display Mode
Total Float Impact
1.2%Locked Float

CH0012032048 (CH0012032048) exerts measurable gravity on the passive index market, currently representing 1.5% of the iShares MSCI EAFE ETF (EFA) and 1.3% of the iShares Core MSCI EAFE ETF (IEFA). Across 6 tracked ETFs, approximately 10M shares (1.2% of float) are held by passive funds and rarely trade on the open market. As passive ownership grows, index inclusion changes may increasingly drive price discovery.

Float lock-up computed from 6 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

CH0012032048 Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
CH0012032048
PRICE
$314.10
FLOOR (POC)
$249.30
STRENGTH
High
$228$235$2427%$249POC 17%$25617%$2638%$270$277$284$291$298$3057%$312$314.10$319$326$333$339$346$353$360
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for CH0012032048 over the past year sits near $249.30 (17% of 252-day volume). The current price of $314.10 trades 26.0% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target. The highly concentrated volume profile (17% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

CH0012032048 Capital Efficiency

How efficiently does CH0012032048 convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$13.1B
EBITDA
$21.7B
FCF Conversion
60%
Reinvestment Rate
40%
60% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
19.9%
ROIC − WACC Spread
12.3%

CH0012032048 converts 60% of its EBITDA into free cash flow, an exceptional conversion rate indicating an asset-light business model with minimal capital reinvestment drag. The positive ROIC-WACC spread of 12.3% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
AZN0.5190.558Moderate
ABBV0.3560.413Moderate
MRK0.3530.491Moderate
PFE0.3460.420Moderate
AMGN0.3330.425Moderate
LLY0.3250.424Moderate
BMY0.3240.382Moderate
CH00122217160.2810.106Low correlation
ARGX0.2560.336Low correlation

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare CH0012032048 to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-03-30.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.