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3513.T$3030.00-1.94%
Fair $3030.00+0.0%

3513.T

Ichikawa Co., Ltd.

Basic Materials / Paper & Paper ProductsTokyo

$3030.00

-60.00 (-1.94%)

Fairly Valued+0.0%Fair Value $3030.00Fund rank 37/100 · Data gapFallback financials|
SA 52/C
F-Score: 5/9
Low Profitability

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 $1.4B · quality 76.0/100

Data gap 37/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 74/100Data 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

52/100

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: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. ROE is 3.5%, below the 5% threshold
Thesis & Journal · 3513.TLocal privado en este navegador · Ichikawa 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

$12.7B

P/E

11.0x

↓

EV/EBITDA

3.5x

↓

ROE

3.5%

↑

Gross Margin

43.1%

↑

Debt/Equity

0.04

↓
52-Week Range$3030
$1616$4285

TradingView lightweight chart

3513.T price, volumen y niveles de valoración

Último $3,030Periodo +152.5%
Fair value: $3,030

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

+4.1%

FCF CAGR

-33.7%

FCF margin

2.3%

FCF / Net income

0.42x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $13.95B · net income $782.0M · FCF $327.0M

2022-FY → 2025-FY

Gross margin

43.1%+5.4% pts

Operating margin

7.7%+3.4% pts

Net margin

5.6%+1.4% pts

FCF margin

2.3%-6.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$13.95B$13.95B$13.60B$13.34B$12.36B
Net Income$782.0M$782.0M$1.02B$833.0M$523.0M
EBITDA$2.19B$2.19B$2.17B$2.06B$1.77B
EPS181.51181.51227.76182.06114.45
Gross Margin43.1%43.1%43.6%40.7%37.7%
Operating Margin7.7%7.7%8.2%6.0%4.3%
Net Margin5.6%5.6%7.5%6.2%4.2%
Balance Sheet
Debt/Equity0.040.040.040.050.05
Current Ratio3.953.95———
Cash Flow
Free Cash Flow$327.0M$327.0M$1.43B$1.49B$1.12B
Returns
ROE3.5%3.5%4.8%4.3%2.8%
Valuation
P/E11.0111.018.347.2711.93
EV/EBITDA3.473.471.240.591.57
P/B0.590.590.400.310.33
Growth & Yield
Revenue Growth2.5%2.5%1.9%8.0%—
EPS Growth-20.3%-20.3%25.1%59.1%—
Dividend Yield3.2%3.2%———

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

14.0%

razonable

EPS terminal req.

$268.86

Spread vs growth

-34.3%

5Y implied EPS CAGR

12.4%

razonable

EPS terminal req.

$325.32

Spread vs growth

-32.7%

10Y implied EPS CAGR

11.2%

razonable

EPS terminal req.

$523.94

Spread vs growth

-31.5%

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 +86.8%

Total return

+86.8%

Start / end P/E

7.2x → 16.7x

EPS bridge

227.76 → 181.51

Residual

-26.5%

EPS growth-20.3%
Multiple rerating+130.3%
Dividend+3.2%
Residual / FX / buybacks / cross-term-26.5%

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.