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2904.T$768.00+0.26%
Fair $768.00+0.0%

2904.T

Ichimasa Kamaboko Co., Ltd.

Consumer Defensive / Packaged FoodsTokyo

$768.00

+2.00 (+0.26%)

Fairly Valued+0.0%Fair Value $768.00Fund rank 23/100 · Data gapFallback financials|
SA 44/C
F-Score: 5/9

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 34% · confianza 17%

FCF escenarios

weak_data · normalized FCF $-958.6M · quality 39.7/100

Data gap 23/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 6/100Data 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

44/100

C

Piotroski

5/9

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 · 2904.TLocal privado en este navegador · Ichimasa Kamaboko 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

$14.1B

P/E

35.1x

↑

EV/EBITDA

7.7x

↓

ROE

5.0%

↓

Gross Margin

20.2%

↓

Debt/Equity

0.67

↑
52-Week Range$768
$732$787

TradingView lightweight chart

2904.T price, volumen y niveles de valoración

Último $768.00Periodo +140.0%
Fair value: $768.00

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

+3.0%

FCF CAGR

—

FCF margin

-2.8%

FCF / Net income

-1.28x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $34.58B · net income $746.9M · FCF $-958.6M

2022-FY → 2025-FY

Gross margin

20.2%+1.1% pts

Operating margin

2.6%+0.9% pts

Net margin

2.2%+0.4% pts

FCF margin

-2.8%-0.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$34.58B$34.58B$34.49B$32.81B$31.64B
Net Income$746.9M$746.9M$957.5M$84.1M$565.4M
EBITDA$3.00B$3.00B$3.09B$1.74B$2.18B
EPS40.6740.6752.104.5830.73
Gross Margin20.2%20.2%20.7%16.4%19.1%
Operating Margin2.6%2.6%3.7%-0.6%1.7%
Net Margin2.2%2.2%2.8%0.3%1.8%
Balance Sheet
Debt/Equity0.670.670.710.850.40
Current Ratio1.241.24———
Cash Flow
Free Cash Flow$-958.6M$-958.6M$3.12B$-5.54B$-687.7M
Returns
ROE5.0%5.0%6.6%0.6%4.1%
Valuation
P/E35.0835.0814.78161.3525.71
EV/EBITDA7.657.656.8513.598.19
P/B0.950.950.981.001.05
Growth & Yield
Revenue Growth0.3%0.3%5.1%3.7%—
EPS Growth-21.9%-21.9%1037.6%-85.1%—
Dividend Yield1.8%1.8%———

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

18.8%

exigente

EPS terminal req.

$68.15

Spread vs growth

-40.7%

5Y implied EPS CAGR

15.2%

exigente

EPS terminal req.

$82.46

Spread vs growth

-37.1%

10Y implied EPS CAGR

12.6%

razonable

EPS terminal req.

$132.80

Spread vs growth

-34.5%

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 +1.7%

Total return

+1.7%

Start / end P/E

14.8x → 18.9x

EPS bridge

52.10 → 40.67

Residual

-6.1%

EPS growth-21.9%
Multiple rerating+27.9%
Dividend+1.8%
Residual / FX / buybacks / cross-term-6.1%

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.