Cheer Holding, Inc. (CHR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Cheer Holding, Inc. (CHR) stock price & volume — 10-year historical chart
Cheer Holding, Inc. (CHR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Cheer Holding, Inc. (CHR) competitors in Digital ad platforms and programmatic — business model, growth, and fundamentals comparison
Cheer Holding, Inc. (CHR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Cheer Holding, Inc. (CHR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 33.24M | 57.8M | 65.78M | 123.76M | 153.01M | 157.08M | 152.33M | 147.2M | 148.84M | 310.53M |
| Revenue Growth % | - | 73.91% | 13.8% | 88.16% | 23.63% | 2.66% | -3.03% | -3.37% | 1.11% | 999.18% |
| Cost of Goods Sold | 19.44M | 37.35M | 31.9M | 38.48M | 34.94M | 40.58M | 39.55M | 39.39M | 43.21M | 84.43M |
| COGS % of Revenue | 58.5% | 64.62% | 48.5% | 31.09% | 22.84% | 25.83% | 25.96% | 26.76% | 29.03% | - |
| Gross Profit | 13.79M▲ 0% | 20.45M▲ 48.2% | 33.88M▲ 65.7% | 85.28M▲ 151.7% | 118.07M▲ 38.4% | 116.5M▼ 1.3% | 112.78M▼ 3.2% | 107.81M▼ 4.4% | 105.63M▼ 2.0% | 226.09M▲ 0% |
| Gross Margin % | 41.5% | 35.38% | 51.5% | 68.91% | 77.16% | 74.17% | 74.04% | 73.24% | 70.97% | 72.81% |
| Gross Profit Growth % | - | 48.25% | 65.66% | 151.75% | 38.44% | -1.33% | -3.19% | -4.41% | -2.02% | - |
| Operating Expenses | 3.52M | 6.97M | 7.04M | 54.61M | 81.78M | 89.77M | 83.49M | 82.22M | 79.34M | 168.95M |
| OpEx % of Revenue | 10.59% | 12.05% | 10.7% | 44.13% | 53.45% | 57.15% | 54.81% | 55.85% | 53.31% | - |
| Selling, General & Admin | 3.35M | 6.46M | 6.29M | 53.92M | 80.86M | 88.44M | 81.86M | 78.79M | 74.17M | 165.15M |
| SG&A % of Revenue | 10.09% | 11.18% | 9.56% | 43.57% | 52.85% | 56.3% | 53.74% | 53.53% | 49.83% | - |
| Research & Development | 166K | 502K | 749K | 691K | 920K | 1.33M | 1.64M | 3.43M | 5.17M | 3.79M |
| R&D % of Revenue | 0.5% | 0.87% | 1.14% | 0.56% | 0.6% | 0.85% | 1.07% | 2.33% | 3.48% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 10.27M▲ 0% | -276.97K▼ 102.7% | 26.84M▲ 9790.2% | 30.67M▲ 14.3% | 36.29M▲ 18.3% | 26.73M▼ 26.3% | 29.29M▲ 9.6% | 25.59M▼ 12.6% | 26.29M▲ 2.7% | 57.15M▲ 0% |
| Operating Margin % | 30.91% | -0.48% | 40.8% | 24.78% | 23.72% | 17.01% | 19.23% | 17.39% | 17.66% | 18.4% |
| Operating Income Growth % | - | -102.7% | 9790.22% | 14.27% | 18.32% | -26.35% | 9.57% | -12.61% | 2.72% | - |
| EBITDA | 10.43M | 1.61M | 27.89M | 34.03M | 38.8M | 30.06M | 33.06M | 29.41M | 33.29M | 62.67M |
| EBITDA Margin % | 31.38% | 2.78% | 42.4% | 27.49% | 25.36% | 19.14% | 21.71% | 19.98% | 22.37% | 20.18% |
| EBITDA Growth % | - | -84.57% | 1633.35% | 21.99% | 14.04% | -22.52% | 9.98% | -11.04% | 13.18% | 339.59% |
| D&A (Non-Cash Add-back) | 156K | 0 | 1.05M | 3.36M | 2.52M | 3.34M | 3.78M | 3.82M | 7M | 5.52M |
| EBIT | 10.27M | 1.61M | 26.89M | 50.91M | 36.84M | 26.73M | 29.29M | 25.59M | 26.29M | 58.43M |
| Net Interest Income | -45K | -497K | -295K | -282K | -513K | -93K | 3K | 262K | 69K | 193K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 3K | 262K | 69K | 255K |
| Interest Expense | 45K | 497K | 295K | 282K | 513K | 93K | 0 | 0 | 0 | 62K |
| Other Income/Expense | -45K | 1.89M | -245K | 19.96M | 41K | 127K | 1.3M | 342K | -594K | 1.77M |
| Pretax Income | 10.23M▲ 0% | 1.61M▼ 84.3% | 26.59M▲ 1552.7% | 50.63M▲ 90.4% | 36.33M▼ 28.3% | 26.85M▼ 26.1% | 30.59M▲ 13.9% | 25.93M▼ 15.2% | 25.69M▼ 0.9% | 58.92M▲ 0% |
| Pretax Margin % | 30.78% | 2.78% | 40.43% | 40.91% | 23.74% | 17.1% | 20.08% | 17.62% | 17.26% | 18.97% |
| Income Tax | -789K | 241K | 191K | 1.67M | 976K | 413K | 61K | -34K | 73K | -58K |
| Effective Tax Rate % | -7.71% | 14.98% | 0.72% | 3.3% | 2.69% | 1.54% | 0.2% | -0.13% | 0.28% | -0.1% |
| Net Income | 11.02M▲ 0% | 12.9M▲ 17.1% | 26.32M▲ 104.0% | 48.99M▲ 86.1% | 35.29M▼ 28.0% | 26.89M▼ 23.8% | 30.48M▲ 13.3% | 25.97M▼ 14.8% | 25.62M▼ 1.3% | 58.98M▲ 0% |
| Net Margin % | 33.15% | 22.32% | 40.02% | 39.58% | 23.06% | 17.12% | 20.01% | 17.64% | 17.21% | 18.99% |
| Net Income Growth % | - | 17.11% | 104.01% | 86.11% | -27.97% | -23.8% | 13.34% | -14.8% | -1.34% | 468.75% |
| Net Income (Continuing) | 11.02M | 13.05M | 26.4M | 48.96M | 35.35M | 26.44M | 30.53M | 25.97M | 25.62M | 58.98M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 475K | 471K | 553K | 75K | 78K | 77K | 85K | 77K |
| EPS (Diluted) | 110.50▲ 0% | 26.00▼ 76.5% | 283.00▲ 988.5% | 414.50▲ 46.5% | 270.00▼ 34.9% | 197.50▼ 26.9% | 176.50▼ 10.6% | 125.50▼ 28.9% | 24.07▼ 80.8% | 293.15▲ 0% |
| EPS Growth % | - | -76.47% | 988.46% | 46.47% | -34.86% | -26.85% | -10.63% | -28.9% | -80.82% | 467.54% |
| EPS (Basic) | 110.50 | 26.00 | 319.50 | 455.00 | 270.00 | 197.50 | 176.50 | 125.50 | 24.07 | - |
| Diluted Shares Outstanding | 99.54K | 62.29K | 92.97K | 118.25K | 130.76K | 136.25K | 172.75K | 206.54K | 1.06M | 201.18K |
| Basic Shares Outstanding | 99.54K | 62.29K | 82.41K | 107.69K | 130.76K | 136.25K | 172.75K | 206.54K | 1.06M | 201.18K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Cheer Holding, Inc. (CHR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 25.55M | 526.89K | 60.48M | 103.12M | 153.54M | 183.84M | 306.87M | 305.57M | 366.58M | 314M |
| Cash & Short-Term Investments | 5.19M | 406.99K | 6.92M | 19.46M | 77.3M | 70.48M | 194.53M | 197.66M | 242.08M | 186.38M |
| Cash Only | 5.19M | 406.99K | 6.92M | 17.73M | 77.3M | 70.48M | 194.23M | 197.66M | 242.08M | 186.09M |
| Short-Term Investments | 0 | 0 | 0 | 1.73M | 0 | 0 | 298K | 0 | 0 | 291K |
| Accounts Receivable | 6.92M | 35.55M | 51.06M | 81.11M | 63.13M | 98.03M | 81.17M | 77.07M | 79.68M | 79.82M |
| Days Sales Outstanding | 76.04 | 224.47 | 283.34 | 239.21 | 150.6 | 227.8 | 194.5 | 191.12 | 195.41 | 95.85 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47.76M |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | -21.81 |
| Other Current Assets | 584K | -35.55M | 2.45M | 0 | 0 | 15.33M | 31.18M | 38K | 44.82M | 47.8M |
| Total Non-Current Assets | 6.18M | 251.89M | 19.23M | 40.28M | 41.63M | 22.12M | 20.76M | 41.02M | 35.11M | 19.24M |
| Property, Plant & Equipment | 730K | 0 | 2.36M | 1.94M | 1.54M | 910K | 462K | 404K | 278K | 447K |
| Fixed Asset Turnover | 45.53x | - | 27.90x | 63.80x | 99.36x | 172.61x | 329.71x | 364.35x | 535.38x | 491.54x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 14.68M | 15.63M | 16.72M | 20.3M | 20.25M | 40.53M | 34.73M | 18.18M |
| Long-Term Investments | 0 | 251.89M | 257.52M | 0 | 0 | 0 | -20.55M | 0 | 0 | -38.73M |
| Other Non-Current Assets | 4.64M | -18K | -255.86M | 21.95M | 23.32M | 808K | 20.55M | 16K | 94K | 40.08M |
| Total Assets | 31.73M▲ 0% | 252.41M▲ 695.5% | 79.71M▼ 68.4% | 143.4M▲ 79.9% | 195.17M▲ 36.1% | 205.96M▲ 5.5% | 327.63M▲ 59.1% | 346.59M▲ 5.8% | 401.69M▲ 15.9% | 333.24M▲ 0% |
| Asset Turnover | 1.05x | 0.23x | 0.83x | 0.86x | 0.78x | 0.76x | 0.46x | 0.42x | 0.37x | 1.10x |
| Asset Growth % | - | 695.5% | -68.42% | 79.9% | 36.11% | 5.53% | 59.07% | 5.79% | 15.9% | 84.21% |
| Total Current Liabilities | 19.99M | 21.25M | 15.74M | 35.36M | 34.56M | 32.9M | 46.22M | 39.9M | 31.79M | 45.48M |
| Accounts Payable | 25K | 806K | 4.55M | 7.89M | 12.88M | 6.41M | 9.6M | 2.04M | 2.74M | 2.67M |
| Days Payables Outstanding | 0.47 | 7.88 | 52.01 | 74.81 | 134.51 | 57.61 | 88.59 | 18.89 | 23.18 | 25.58 |
| Short-Term Debt | 1.99M | 13.64M | 2.87M | 7.79M | 5M | 4.42M | 4.22M | 9.59M | 9.31M | 6.88M |
| Deferred Revenue (Current) | 996K | 245K | 610K | 609K | 536K | 147K | 130K | 27K | 1K | 529K |
| Other Current Liabilities | 0 | 0 | 6.92M | 17.9M | 15.52M | 0 | 30.71M | 24.58M | 17.02M | 144K |
| Current Ratio | 1.28x | 0.02x | 3.84x | 2.92x | 4.44x | 5.59x | 6.64x | 7.66x | 11.53x | 11.53x |
| Quick Ratio | 1.28x | 0.02x | 3.84x | 2.92x | 4.44x | 5.59x | 6.64x | 7.66x | 11.53x | 11.53x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 48.46 |
| Total Non-Current Liabilities | 0 | 9.03M | 1.72M | 3.59M | 1.15M | 557K | 1.41M | 1.62M | 134K | 1.62M |
| Long-Term Debt | 0 | 0 | 0 | 1.37M | 0 | 0 | 1.41M | 1.37M | 0 | 1.38M |
| Capital Lease Obligations | 0 | 0 | 1.72M | 1.39M | 1.13M | 471K | 0 | 250K | 134K | 903K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 9.03M | 0 | 833K | 24K | 86K | 0 | 0 | 0 | 93K |
| Total Liabilities | 19.99M | 23.79K | 17.45M | 38.95M | 35.71M | 33.46M | 47.63M | 41.52M | 31.92M | 47.09M |
| Total Debt | 1.99M | 13.64M | 4.9M | 10.93M | 6.42M | 5.1M | 5.95M | 11.32M | 9.45M | 8.64M |
| Net Debt | -3.2M | -406.99K | -2.02M | -6.8M | -70.89M | -65.38M | -188.27M | -186.34M | -232.63M | -177.74M |
| Debt / Equity | 0.17x | 0.05x | 0.08x | 0.10x | 0.04x | 0.03x | 0.02x | 0.04x | 0.03x | 0.03x |
| Debt / EBITDA | 0.19x | 8.47x | 0.18x | 0.32x | 0.17x | 0.17x | 0.18x | 0.38x | 0.28x | 0.14x |
| Net Debt / EBITDA | -0.31x | -0.25x | -0.07x | -0.20x | -1.83x | -2.17x | -5.69x | -6.34x | -6.99x | -6.99x |
| Interest Coverage | 228.31x | 3.24x | 91.15x | 180.55x | 71.81x | 287.38x | - | - | - | 942.39x |
| Total Equity | 11.74M▲ 0% | 252.39M▲ 2050.4% | 62.26M▼ 75.3% | 104.45M▲ 67.8% | 159.46M▲ 52.7% | 172.5M▲ 8.2% | 280.01M▲ 62.3% | 305.07M▲ 9.0% | 369.77M▲ 21.2% | 286.15M▲ 0% |
| Equity Growth % | - | 2050.37% | -75.33% | 67.77% | 52.67% | 8.18% | 62.32% | 8.95% | 21.21% | 85.21% |
| Book Value per Share | 117.92 | 4051.65 | 669.65 | 883.26 | 1219.50 | 1266.10 | 1620.88 | 1477.02 | 347.38 | 1422.37 |
| Total Shareholders' Equity | 11.74M | 252.39M | 61.78M | 103.98M | 158.91M | 172.43M | 279.93M | 304.99M | 369.68M | 286.07M |
| Common Stock | 20K | 247.39M | 4K | 6K | 7K | 7K | 10K | 10K | 234K | 10K |
| Retained Earnings | 10.68M | 1.61M | 49.55M | 89.27M | 123.98M | 150.69M | 181.16M | 207.13M | 232.75M | 193.58M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 789K | 0 | -1.15M | 5.54M | 9.29M | -5.27M | -7.46M | -15.63M | -1.03M | -14.31M |
| Minority Interest | 0 | 0 | 475K | 471K | 553K | 75K | 78K | 77K | 85K | 77K |
Cheer Holding, Inc. (CHR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -11.29M | -373.07K | 26.09M | 8.74M | 46.45M | 7.74M | 42.17M | 22.88M | 17.94M | 17.94M |
| Operating CF Margin % | -33.97% | -0.65% | 39.67% | 7.06% | 30.36% | 4.93% | 27.69% | 15.54% | 12.05% | - |
| Operating CF Growth % | - | 96.7% | 7093.9% | -66.5% | 431.46% | -83.34% | 444.95% | -45.76% | -21.58% | -185.72% |
| Net Income | 11.02M | 1.61M | 26.32M | 48.99M | 35.29M | 26.89M | 30.48M | 25.97M | 25.62M | 58.98M |
| Depreciation & Amortization | 156K | 0 | 1.05M | 3.36M | 2.52M | 3.34M | 3.78M | 3.82M | 7M | 5.47M |
| Stock-Based Compensation | 0 | 0 | 0 | 7.16M | 185K | 391K | 0 | 1.75M | 0 | 0 |
| Deferred Taxes | -789K | 0 | 190K | -181K | 713K | -53K | 63K | -33K | 73K | 0 |
| Other Non-Cash Items | 649K | -1.89M | 268K | -20.79M | -934K | 129K | 2.19M | -147K | 1.68M | 9.36M |
| Working Capital Changes | -22.33M | -96.1K | -1.74M | -29.8M | 8.69M | -22.96M | 5.66M | -8.48M | -16.44M | 0 |
| Change in Receivables | -10.88M | 0 | -12.71M | -24.04M | 19.9M | -42.1M | 15.21M | 1.92M | 1.54M | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -327K | 0 | 3.92M | 2.83M | 4.75M | -5.58M | 3.33M | -7.4M | 599K | 0 |
| Cash from Investing | -862K | -250M | -15.32M | -4.42M | -1.05M | -7.99M | -3K | -24.86M | -709K | -7.61M |
| Capital Expenditures | -862K | -153K | -15.32M | -2.78M | -2.79M | -7.99M | -3K | -1K | -709K | -7.97M |
| CapEx % of Revenue | 2.59% | 0.26% | 23.29% | 2.25% | 1.82% | 5.09% | 0% | 0% | 0.48% | - |
| Acquisitions | 0 | 0 | 0 | 0 | -12K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 153K | 0 | 0 | -12K | 0 | 0 | -24.86M | 0 | 358K |
| Cash from Financing | 17.08M | 250.78M | -6.22M | 5.38M | 13.29M | 508K | 82.02M | 10.55M | 17.82M | 84.66M |
| Debt Issued (Net) | 18.14M | 10.36M | -9.41M | 5.5M | -1.94M | -148K | 2.87M | 5.56M | -3.22M | 0 |
| Equity Issued (Net) | 0 | 9.41M | 0 | 0 | 15.29M | 0 | 80M | 0 | 21.04M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.07M | 231.01M | 3.19M | -123K | -68K | 656K | -849K | 4.99M | 0 | 84.66M |
| Net Change in Cash | 5.12M▲ 0% | 406.99K▼ 92.1% | 6.51M▲ 1500.0% | 10.81M▲ 66.0% | 59.57M▲ 451.0% | -6.82M▼ 111.4% | 124.04M▲ 1918.8% | 3.13M▼ 97.5% | 44.42M▲ 1317.0% | 141.6M▲ 0% |
| Free Cash Flow | -12.15M▲ 0% | -373.07K▲ 96.9% | 10.77M▲ 2987.9% | 5.96M▼ 44.7% | 43.66M▲ 632.6% | -250K▼ 100.6% | 42.17M▲ 16968.4% | -1.99M▼ 104.7% | 17.94M▲ 1002.8% | 65.83M▲ 0% |
| FCF Margin % | -36.57% | -0.65% | 16.38% | 4.82% | 28.54% | -0.16% | 27.68% | -1.35% | 12.05% | 21.2% |
| FCF Growth % | - | 96.93% | 2987.95% | -44.68% | 632.63% | -100.57% | 16968.4% | -104.71% | 1002.82% | 2671.75% |
| FCF per Share | -122.11 | -5.99 | 115.89 | 50.40 | 333.93 | -1.83 | 244.12 | -9.62 | 16.85 | 16.85 |
| FCF Conversion (FCF/Net Income) | -1.02x | -0.03x | 0.99x | 0.18x | 1.32x | 0.29x | 1.38x | 0.88x | 0.70x | 1.12x |
| Interest Paid | 8K | 0 | 0 | 0 | 0 | 0 | 0 | 325K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cheer Holding, Inc. (CHR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 9.77% | 16.73% | 58.78% | 26.74% | 16.2% | 13.47% | 8.88% | 7.59% | 24.28% |
| Return on Invested Capital (ROIC) | -0.15% | 12.35% | 29.14% | 29.23% | 20.48% | 22.09% | 18.24% | 15.41% | 15.41% |
| Gross Margin | 35.38% | 51.5% | 68.91% | 77.16% | 74.17% | 74.04% | 73.24% | 70.97% | 72.81% |
| Net Margin | 22.32% | 40.02% | 39.58% | 23.06% | 17.12% | 20.01% | 17.64% | 17.21% | 18.99% |
| Debt / Equity | 0.05x | 0.08x | 0.10x | 0.04x | 0.03x | 0.02x | 0.04x | 0.03x | 0.03x |
| Interest Coverage | 3.24x | 91.15x | 180.55x | 71.81x | 287.38x | - | - | - | 942.39x |
| FCF Conversion | -0.03x | 0.99x | 0.18x | 1.32x | 0.29x | 1.38x | 0.88x | 0.70x | 1.12x |
| Revenue Growth | 73.91% | 13.8% | 88.16% | 23.63% | 2.66% | -3.03% | -3.37% | 1.11% | 999.18% |
Cheer Holding, Inc. (CHR) stock FAQ — growth, dividends, profitability & financials explained
Cheer Holding, Inc. (CHR) reported $310.5M in revenue for fiscal year 2025. This represents a 834% increase from $33.2M in 2017.
Cheer Holding, Inc. (CHR) grew revenue by 1.1% over the past year. Growth has been modest.
Yes, Cheer Holding, Inc. (CHR) is profitable, generating $59.0M in net income for fiscal year 2025 (17.2% net margin).
Cheer Holding, Inc. (CHR) has a return on equity (ROE) of 7.6%. This is below average, suggesting room for improvement.
Cheer Holding, Inc. (CHR) generated $65.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Cheer Holding, Inc. (CHR) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates