MeritValue

Able View Global Inc.

ABLVdata completeness 100%5 fiscal years on file

Data notes: no data for concept 'interestExpense'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$117.3M1$145.3M2$129.3M3$126.8M3$105.2M3
Net income$8.7M4$7.9M5$9.75M6−$7.42M6$820,0186
Operating cash flow−$1.9M7−$12.8M8$23.6M9−$2.24M9$1.2M9
Capital expenditure$174,90010$195,64011$66,98212$65,85712$27,17112
Free cash flow (derived)−$2.07M7−$13M8$23.5M9−$2.31M9$1.17M9
Total debt—$15.7M13$2.88M14$10.2M15$11.4M15
Cash & equivalents$6.72M16$5.77M17$13.3M18$15.2M19$9.01M19
Diluted shares37.7M37.7M39.5M42.6M49.4M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
You’d own
0.000020%
of the whole company
Your share of last year’s profit
$0.17
Your share of its debt
$2.32
Your share of free cash flow
$0.24
iii. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
$0.42
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears10
  • fcfGrowth5.0%
  • fcfBase$1.17M
DCF · Growth Exit 5Y
$0.38
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears5
  • fcfGrowth5.0%
  • fcfBase$1.17M
Earnings Power Value
$1.69
assumptions (8)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$7.9M
  • growthAssumed0.0%
Graham Number
$0.27
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

iv. The price question — last, on purpose
What does today’s price assume?
Type a price. The ledger answers.
Or set your own belief
FCF growth, next 5 years5.0%
Discount rate (WACC)8.78%
Terminal growth2.5%
At your growth, a share is worth $0.38

Default growth 5.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.

Sources — the receipts
  1. 20-F · period ending 2021-12-31 · accession 0001213900-24-037882 (Revenues)
  2. 20-F · period ending 2022-12-31 · accession 0001213900-25-034677 (Revenues)
  3. 20-F · period ending 2023-12-31 · accession 0001213900-26-048085 (Revenues)
  4. 20-F · period ending 2021-12-31 · accession 0001213900-24-037882 (NetIncomeLoss)
  5. 20-F · period ending 2022-12-31 · accession 0001213900-25-034677 (NetIncomeLoss)
  6. 20-F · period ending 2023-12-31 · accession 0001213900-26-048085 (NetIncomeLoss)
  7. 20-F · period ending 2021-12-31 · accession 0001213900-24-037882 (NetCashProvidedByUsedInOperatingActivities)
  8. 20-F · period ending 2022-12-31 · accession 0001213900-25-034677 (NetCashProvidedByUsedInOperatingActivities)
  9. 20-F · period ending 2023-12-31 · accession 0001213900-26-048085 (NetCashProvidedByUsedInOperatingActivities)
  10. 20-F · period ending 2021-12-31 · accession 0001213900-24-037882 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 20-F · period ending 2022-12-31 · accession 0001213900-25-034677 (PaymentsToAcquirePropertyPlantAndEquipment)
  12. 20-F · period ending 2023-12-31 · accession 0001213900-26-048085 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 20-F · period ending 2022-12-31 · accession 0001213900-24-037882 (ShortTermBorrowings)
  14. 20-F · period ending 2023-12-31 · accession 0001213900-25-034677 (ShortTermBorrowings)
  15. 20-F · period ending 2024-12-31 · accession 0001213900-26-048085 (LongTermDebtNoncurrent)
  16. 20-F · period ending 2021-12-31 · accession 0001213900-25-034677 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  17. 20-F · period ending 2022-12-31 · accession 0001213900-24-037882 (CashAndCashEquivalentsAtCarryingValue)
  18. 20-F · period ending 2023-12-31 · accession 0001213900-25-034677 (CashAndCashEquivalentsAtCarryingValue)
  19. 20-F · period ending 2024-12-31 · accession 0001213900-26-048085 (CashAndCashEquivalentsAtCarryingValue)