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190A.T$103.00-5.50%
Fair $103.00+0.0%

190A.T

190A.T

Healthcare / BiotechnologyTokyo

$103.00

-6.00 (-5.50%)

Fairly Valued+0.0%Fair Value $103.00Fund rank 29/100 · Data gapFallback financials|
SA 7/F
F-Score: 1/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 20%

FCF escenarios

weak_data · normalized FCF $-1.8B · quality 54.3/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 48/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

7/100

F

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific biotech pipeline model required: targets are disabled until product, probability, peak-sales and cash-runway data exists. ROE is -73.3%, below the 5% threshold
Thesis & Journal · 190A.TLocal privado en este navegador · 190A.T
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$7.7B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-73.3%

↓

Gross Margin

N/A

•

Debt/Equity

N/A

•
52-Week Range$103
$98$241

TradingView lightweight chart

190A.T price, volumen y niveles de valoración

Último $103.00Periodo -46.4%
Fair value: $103.00

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

—

FCF / Net income

1.03x

Latest source

Provider fallback

Margin decomposition

Último año: revenue — · net income $-1.79B · FCF $-1.84B

2022-FY → 2025-FY

Gross margin

—— pts

Operating margin

—— pts

Net margin

—— pts

FCF margin

—— pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue———$2.50B—
Net Income$-1.79B$-1.79B$-1.83B$223.3M$-1.78B
EBITDA$-1.79B$-1.79B$-1.80B$218.1M$-1.83B
EPS-26.03-26.03-31.113.96-31.52
Gross Margin———20.1%—
Operating Margin———8.5%—
Net Margin———8.9%—
Balance Sheet
Current Ratio12.6812.68———
Cash Flow
Free Cash Flow$-1.84B$-1.84B$-1.94B$543.0M$-1.72B
Returns
ROE-73.3%-73.3%-43.9%5.0%-41.6%
Valuation
P/B2.902.909.46——
Growth & Yield
EPS Growth16.3%16.3%-885.6%112.6%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -55.0%

Total return

-55.0%

Start / end P/E

n/dx → n/dx

EPS bridge

-31.11 → -26.03

Residual

-55.0%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-55.0%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.