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338A.T$2366.00-4.56%
Fair $2366.00+0.0%

338A.T

338A.T

Technology / Software - InfrastructureTokyo

$2366.00

-113.00 (-4.56%)

Fairly Valued+0.0%Fair Value $2366.00Fund rank 26/100 · Data gapFallback financials|
SA 48/C
F-Score: 4/9

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 18%

FCF escenarios

weak_data · normalized FCF $-8.1M · quality 43.7/100

Data gap 26/100
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

48/100

C

Piotroski

4/9

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 · 338A.TLocal privado en este navegador · 338A.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

$6.4B

P/E

39.2x

↑

EV/EBITDA

30.0x

↑

ROE

19.1%

↑

Gross Margin

90.0%

↑

Debt/Equity

0.12

↓
52-Week Range$2366
$2335$8335

TradingView lightweight chart

338A.T price, volumen y niveles de valoración

Último $2,366Periodo -14.0%
Fair value: $2,366

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

+54.2%

FCF CAGR

—

FCF margin

-8.6%

FCF / Net income

-0.47x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $851.9M · net income $155.9M · FCF $-73.6M

2022-FY → 2025-FY

Gross margin

90.0%+0.3% pts

Operating margin

16.9%+70.4% pts

Net margin

18.3%+67.9% pts

FCF margin

-8.6%-29.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$851.9M$851.9M$648.9M$440.8M$232.3M
Net Income$155.9M$155.9M$78.5M$72.9M$-115.2M
EBITDA$180.4M$180.4M$100.5M$66.2M$-112.0M
EPS60.4460.4436.8827.76-54.13
Gross Margin90.0%90.0%90.7%93.1%89.7%
Operating Margin16.9%16.9%11.8%10.7%-53.4%
Net Margin18.3%18.3%12.1%16.5%-49.6%
Balance Sheet
Debt/Equity0.120.120.550.99-1.05
Current Ratio2.792.79———
Cash Flow
Free Cash Flow$-73.6M$-73.6M$221.7M$-8.1M$48.9M
Returns
ROE19.1%19.1%33.0%46.5%74.0%
Valuation
P/E39.2239.22———
EV/EBITDA30.0330.03———
P/B7.497.49———
Growth & Yield
Revenue Growth31.3%31.3%47.2%89.8%—
EPS Growth63.9%63.9%32.9%151.3%—

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

51.5%

muy exigente

EPS terminal req.

$209.94

Spread vs growth

12.4%

5Y implied EPS CAGR

33.3%

muy exigente

EPS terminal req.

$254.03

Spread vs growth

30.6%

10Y implied EPS CAGR

21.1%

exigente

EPS terminal req.

$409.12

Spread vs growth

42.8%

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 -61.5%

Total return

-61.5%

Start / end P/E

166.7x → 39.1x

EPS bridge

36.88 → 60.44

Residual

-48.9%

EPS growth+63.9%
Multiple rerating-76.5%
Dividend+0.0%
Residual / FX / buybacks / cross-term-48.9%

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.