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v0.1
2112.T$417.00-2.73%
Fair $417.00+0.0%

2112.T

Ensuiko Sugar Refining Co., Ltd.

Consumer Defensive / ConfectionersTokyo

$417.00

-12.00 (-2.73%)

Fairly Valued+0.0%Fair Value $417.00Fund rank 33/100 · Data gapFallback financials|
SA 61/B
F-Score: 7/9

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 25% · confianza 25%

FCF escenarios

weak_data · normalized FCF $1.8B · quality 60.7/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 53/100Data 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

61/100

B

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · 2112.TLocal privado en este navegador · Ensuiko Sugar Refining Co., Ltd.
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

$11.5B

P/E

4.1x

↓

EV/EBITDA

4.4x

↓

ROE

12.9%

↑

Gross Margin

19.0%

↓

Debt/Equity

0.50

↑
52-Week Range$417
$323$595

TradingView lightweight chart

2112.T price, volumen y niveles de valoración

Último $427.00Periodo +74.3%
Fair value: $417.00

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

+9.0%

FCF CAGR

+74.9%

FCF margin

9.7%

FCF / Net income

1.47x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $32.52B · net income $2.14B · FCF $3.14B

2022-FY → 2025-FY

Gross margin

19.0%+3.9% pts

Operating margin

8.9%+5.6% pts

Net margin

6.6%+4.1% pts

FCF margin

9.7%+7.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$32.52B$32.52B$31.55B$27.95B$25.13B
Net Income$2.14B$2.14B$1.48B$498.0M$609.0M
EBITDA$3.74B$3.74B$2.74B$1.45B$1.66B
EPS77.9177.9153.9518.2822.43
Gross Margin19.0%19.0%14.7%12.9%15.1%
Operating Margin8.9%8.9%4.7%2.2%3.2%
Net Margin6.6%6.6%4.7%1.8%2.4%
Balance Sheet
Debt/Equity0.500.500.741.071.26
Current Ratio1.241.24———
Cash Flow
Free Cash Flow$3.14B$3.14B$1.83B$141.0M$587.0M
Returns
ROE12.9%12.9%10.8%4.5%5.9%
Valuation
P/E4.154.155.3410.839.32
EV/EBITDA4.374.375.7510.369.17
P/B0.690.690.570.490.55
Growth & Yield
Revenue Growth3.1%3.1%12.9%11.2%—
EPS Growth44.4%44.4%195.1%-18.5%—
Dividend Yield3.8%3.8%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-22.0%

fácil

EPS terminal req.

$37.00

Spread vs growth

66.4%

5Y implied EPS CAGR

-10.5%

fácil

EPS terminal req.

$44.77

Spread vs growth

54.9%

10Y implied EPS CAGR

-0.8%

fácil

EPS terminal req.

$72.11

Spread vs growth

45.2%

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 +31.6%

Total return

+31.6%

Start / end P/E

6.2x → 5.5x

EPS bridge

53.95 → 77.91

Residual

-5.1%

EPS growth+44.4%
Multiple rerating-11.5%
Dividend+3.8%
Residual / FX / buybacks / cross-term-5.1%

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.