Creative Global Technology Holdings Ltd
CGTLdata completeness 75%4 fiscal years on fileData notes: no data for concept 'totalDebt'; no data for concept 'interestExpense'
Creative Global Technology Holdings Ltd earns about 27% on invested capital, far above its ~9% cost of capital, but has diluted owners by 18% over 4 years — a real edge showing up in the numbers. The estimate methods put fair value between $0.49 and $1.44 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.
| Figure | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Revenue | $27.9M1 | $50.3M2 | $35.6M2 | $21.2M2 |
| Net income | $3.41M3 | $3.16M4 | $4.28M4 | −$13.4M4 |
| Operating cash flow | $654,4885 | $4.87M6 | −$3.52M6 | −$4.81M6 |
| Capital expenditure | $17,1437 | $3,7848 | $18,5978 | — |
| Free cash flow (derived) | $637,3455 | $4.87M6 | −$3.54M6 | — |
| Total debt | — | — | — | — |
| Cash & equivalents | $959,3009 | $4.31M10 | $443,32211 | $185,24011 |
| Diluted shares | 20.0M | 20.0M | 20.0M | 23.6M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
10 shares is a claim on $7.65 of net worth that earned you −$5.67 last year.
It earned about 27% on invested capital, year after year, against a ~9% cost of capital — the footprint of real pricing power. Competition usually drags returns like this back down; here it hasn't.
seeing a moat in the numbers →Share count is up 18% over 4 years — owners have been diluted. Worth asking what they got for it.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
The 3 estimate methods that apply put fair value between $0.49 and $1.44 a share. They rest on different assumptions, so where they diverge is the story.
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears10
- fcfGrowth5.0%
- fcfBase$637,345
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears5
- fcfGrowth5.0%
- fcfBase$637,345
assumptions (8)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- normalizedEarnings$3.28M
- growthAssumed0.0%
Different models answer different questions — which to trust when →
| Bear | 0.0% | $0.39 |
| Base | 5.0% | $0.49 |
| Bull | 10.0% | $0.6 |
Bear/base/bull growth = 0% / filed history / history + 5pp. Type a price to see the return each case implies.
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.
- 20-F · period ending 2022-09-30 · accession 0001213900-25-008172 (Revenues)
- 20-F · period ending 2023-09-30 · accession 0001213900-26-009962 (Revenues)
- 20-F · period ending 2022-09-30 · accession 0001213900-25-008172 (NetIncomeLoss)
- 20-F · period ending 2023-09-30 · accession 0001213900-26-009962 (NetIncomeLoss)
- 20-F · period ending 2022-09-30 · accession 0001213900-25-008172 (NetCashProvidedByUsedInOperatingActivities)
- 20-F · period ending 2023-09-30 · accession 0001213900-26-009962 (NetCashProvidedByUsedInOperatingActivities)
- 20-F · period ending 2022-09-30 · accession 0001213900-25-008172 (PaymentsToAcquirePropertyPlantAndEquipment)
- 20-F · period ending 2023-09-30 · accession 0001213900-26-009962 (PaymentsToAcquirePropertyPlantAndEquipment)
- 20-F · period ending 2022-09-30 · accession 0001213900-26-009962 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
- 20-F · period ending 2023-09-30 · accession 0001213900-25-008172 (CashAndCashEquivalentsAtCarryingValue)
- 20-F · period ending 2024-09-30 · accession 0001213900-26-009962 (CashAndCashEquivalentsAtCarryingValue)