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2978.T$380.00+0.53%
Fair $380.00+0.0%

2978.T

TSUKURUBA Inc.

Real Estate / Real Estate ServicesTokyo

$380.00

+2.00 (+0.53%)

Fairly Valued+0.0%Fair Value $380.00Fund rank 21/100 · Data gapFallback financials|
SA 26/D
F-Score: 2/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 0.0/100

Data gap 21/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data 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

26/100

D

Piotroski

2/9

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 NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled.
Thesis & Journal · 2978.TLocal privado en este navegador · TSUKURUBA Inc.
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

$4.5B

P/E

63.2x

↑

EV/EBITDA

26.4x

↑

ROE

5.5%

↑

Gross Margin

43.8%

↑

Debt/Equity

1.89

↑
52-Week Range$380
$370$817

TradingView lightweight chart

2978.T price, volumen y niveles de valoración

Último $380.00Periodo -82.1%
Fair value: $380.00

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

+43.1%

FCF CAGR

—

FCF margin

-18.5%

FCF / Net income

-14.07x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $8.10B · net income $106.6M · FCF $-1.50B

2022-FY → 2025-FY

Gross margin

43.8%-22.9% pts

Operating margin

3.4%+31.4% pts

Net margin

1.3%+31.0% pts

FCF margin

-18.5%+21.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$8.10B$8.10B$5.48B$4.15B$2.77B
Net Income$106.6M$106.6M$215.7M$-165.5M$-822.4M
EBITDA$231.8M$231.8M$251.0M$-111.1M$-773.5M
EPS9.339.3318.26-14.83-74.37
Gross Margin43.8%43.8%51.5%60.7%66.7%
Operating Margin3.4%3.4%2.8%-3.2%-28.0%
Net Margin1.3%1.3%3.9%-4.0%-29.7%
Balance Sheet
Debt/Equity1.891.891.180.791.81
Current Ratio1.501.50———
Cash Flow
Free Cash Flow$-1.50B$-1.50B$-939.0M$-94.3M$-1.11B
Returns
ROE5.5%5.5%12.0%-10.9%-90.4%
Valuation
P/E63.2363.2347.04——
EV/EBITDA26.4526.4541.24——
P/B2.252.255.647.459.03
Growth & Yield
Revenue Growth47.7%47.7%32.0%50.1%—
EPS Growth-48.9%-48.9%223.1%80.1%—

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

53.5%

muy exigente

EPS terminal req.

$33.72

Spread vs growth

-102.4%

5Y implied EPS CAGR

34.3%

muy exigente

EPS terminal req.

$40.80

Spread vs growth

-83.2%

10Y implied EPS CAGR

21.6%

exigente

EPS terminal req.

$65.71

Spread vs growth

-70.5%

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 -49.2%

Total return

-49.2%

Start / end P/E

41.0x → 40.7x

EPS bridge

18.26 → 9.33

Residual

+0.3%

EPS growth-48.9%
Multiple rerating-0.6%
Dividend+0.0%
Residual / FX / buybacks / cross-term+0.3%

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.