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2304.T$919.00-0.43%
Fair $919.00+0.0%

2304.T

CSS Holdings,Ltd.

Industrials / Specialty Business ServicesTokyo

$919.00

-4.00 (-0.43%)

Fairly Valued+0.0%Fair Value $919.00Fund rank 38/100 · Data gapFallback financials|
SA 64/B
F-Score: 8/9

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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $519.2M · quality 84.7/100

Data gap 38/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 83/100Data 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

64/100

B

Piotroski

8/9

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. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists.
Thesis & Journal · 2304.TLocal privado en este navegador · CSS Holdings,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

$4.6B

P/E

6.8x

↓

EV/EBITDA

4.5x

↓

ROE

19.0%

↑

Gross Margin

16.5%

↓

Debt/Equity

0.10

↓
52-Week Range$919
$843$1097

TradingView lightweight chart

2304.T price, volumen y niveles de valoración

Último $919.00Periodo +1.8%
Fair value: $919.00

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

+21.5%

FCF CAGR

+37.4%

FCF margin

3.3%

FCF / Net income

1.10x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $19.50B · net income $587.1M · FCF $646.3M

2022-FY → 2025-FY

Gross margin

16.5%-0.2% pts

Operating margin

3.7%+5.4% pts

Net margin

3.0%+2.1% pts

FCF margin

3.3%+1.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$19.50B$19.50B$17.63B$14.83B$10.88B
Net Income$587.1M$587.1M$429.0M$230.2M$103.0M
EBITDA$842.9M$842.9M$710.6M$390.2M$170.8M
EPS116.78116.7885.1145.6620.44
Gross Margin16.5%16.5%16.2%16.3%16.8%
Operating Margin3.7%3.7%3.4%1.9%-1.7%
Net Margin3.0%3.0%2.4%1.6%0.9%
Balance Sheet
Debt/Equity0.100.100.180.340.49
Current Ratio1.451.45———
Cash Flow
Free Cash Flow$646.3M$646.3M$519.2M$443.5M$249.1M
Returns
ROE19.0%19.0%16.0%9.8%4.7%
Valuation
P/E6.826.829.9217.3516.29
EV/EBITDA4.504.505.3310.1911.82
P/B1.501.501.581.700.77
Growth & Yield
Revenue Growth10.6%10.6%18.9%36.3%—
EPS Growth37.2%37.2%86.4%123.4%—
Dividend Yield4.3%4.3%———

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

-11.3%

fácil

EPS terminal req.

$81.55

Spread vs growth

48.5%

5Y implied EPS CAGR

-3.3%

fácil

EPS terminal req.

$98.67

Spread vs growth

40.5%

10Y implied EPS CAGR

3.1%

fácil

EPS terminal req.

$158.91

Spread vs growth

34.1%

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 +11.8%

Total return

+11.8%

Start / end P/E

10.0x → 7.9x

EPS bridge

85.11 → 116.78

Residual

-8.1%

EPS growth+37.2%
Multiple rerating-21.7%
Dividend+4.3%
Residual / FX / buybacks / cross-term-8.1%

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.