
MediaTek (2454.TW) enters September 2025 with improving fundamentals and a solid balance sheet. Trailing‑twelve‑month revenue stands at 573.54B with net income of 106.31B, translating to a 18.54% profit margin and 19.54% operating margin. Cash of 196.74B far exceeds total debt of 15.26B, while operating cash flow of 140B underpins investment and dividends (forward dividend rate 54; 3.94% yield; payout ratio 80.96%). Shares have risen 11.84% over the past year, below the S&P 500’s 16.84%, trading between a 52‑week low of 1,080 and high of 1,575; the 50‑day and 200‑day averages sit at 1,355.70 and 1,381.20. With quarterly revenue growth of 18.10% year over year and earnings up 8.30%, the three‑year outlook hinges on Android demand, on‑device AI adoption, and competitive dynamics in 5G and edge computing.

Alibaba (BABA) enters the next three years with a steadier share price and improving profitability, but a measured growth profile. As of August 2025, the stock closed at $135.00, up 64.09% over 52 weeks and trading above its 50-day and 200-day moving averages. The business prints sizable scale (Revenue ttm: 1T; Gross Profit: 412.15B) with a 14.63% profit margin and 14.13% operating margin, supported by 416.41B in cash against 253.27B in debt and a 1.45 current ratio. Yet quarterly revenue growth is modest at 1.8% year over year, and levered free cash flow sits at -33.09B despite strong operating cash flow. Recent headlines point to AI product launches and portfolio pruning, while broker commentary remains constructive but selective. This outlook weighs those signals alongside valuation, balance sheet, and near-term execution risks.

Royal Bank of Canada (RY.TO) enters the next three years with improving fundamentals and a firm share-price backdrop. Over the last year the stock is up 21.88%, sits near its 52‑week high of 204.60 after a recent 199.58 close, and outpaced the S&P 500’s 16.84%. Revenue (ttm) is 60.27B with quarterly revenue growth of 15.30% and quarterly earnings growth of 20.80%, underpinned by a 31.77% profit margin and 14.73% ROE. The bank continues to return cash, with a forward dividend of 6.16 (3.09% yield) and a 44.78% payout ratio. Strategically, management is exploring a potential $2 billion sale of Moneris (with BMO) and partnering with a new defence bank, while Barclays recently flagged stronger Q3 prospects and raised its price target. These drivers frame the risks and catalysts ahead.

NVIDIA enters August 2025 with record scale and profitability. Over the last twelve months, revenue reached $165.22B and net income $86.6B, supported by a 60.84% operating margin and 52.41% profit margin. Quarterly revenue and earnings growth remain brisk at 55.60% and 59.20% year over year, while cash of $56.79B and a 4.21 current ratio underpin flexibility. Shares have been volatile but strong, climbing 61.28% over 52 weeks, within a range of $86.62–$184.48, and recently closing near $174.18. Management projects $54B in Q3 revenue despite H2O chip export restrictions to China, and analysts such as Oppenheimer maintain an Outperform view amid accelerating hyperscaler capex. This three‑year outlook assesses how AI demand, product cadence, supply constraints, and policy risks could shape NVIDIA’s fundamentals and share price through August 2028.

As of August 2025, Deutsche Telekom (DTE.DE) enters the next three years with a sturdy cash engine and measured growth. The company delivers trailing‑12‑month revenue of 120.55B and EBITDA of 41.54B, with a 23.31% operating margin and 10.45% profit margin. Cash generation remains strong (operating cash flow 40.92B; levered free cash flow 14.45B), supporting a 0.90 per‑share dividend (2.87% yield) at a 35.02% payout. Balance‑sheet leverage is elevated (total debt 140.31B; debt/equity 156.36%) but liquidity is adequate (current ratio 1.12). Shares are up 21.25% over 52 weeks, recently around 31.22, within a 25.62–35.91 range; beta is 0.47. Recent headlines show a consensus “Strong Buy” tempered by a downgrade and a brief price pullback. Our outlook weighs resilient cash flows against modest revenue growth and high debt.
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