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3628.T$585.00-11.09%
Fair $585.00+0.0%

3628.T

Data Horizon Co.,Ltd.

Healthcare / Health Information ServicesTokyo

$585.00

-76.00 (-11.09%)

Fairly Valued+0.0%Fair Value $585.00Fund rank 28/100 · Data gapFallback financials|
SA 38/D
F-Score: 3/9
Margin CompressionLow 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 34% · confianza 20%

FCF escenarios

weak_data · normalized FCF $-923.6M · quality 54.0/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 30/100Data 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

38/100

D

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 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. Operating margin has declined for 3 consecutive years ROE is -25.3%, below the 5% threshold
Thesis & Journal · 3628.TLocal privado en este navegador · Data Horizon 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

$7.4B

P/E

27.7x

↑

EV/EBITDA

N/A

•

ROE

-25.3%

↓

Gross Margin

29.7%

↓

Debt/Equity

0.77

↑
52-Week Range$585
$422$725

TradingView lightweight chart

3628.T price, volumen y niveles de valoración

Último $609.00Periodo +117.5%
Fair value: $585.00

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

+14.6%

FCF CAGR

—

FCF margin

-13.6%

FCF / Net income

0.84x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.01B · net income $-807.2M · FCF $-678.9M

2021-FY → 2024-FY

Gross margin

29.7%-23.7% pts

Operating margin

-15.8%-26.2% pts

Net margin

-16.1%-24.6% pts

FCF margin

-13.6%-15.6% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$5.01B$5.01B$4.41B$2.99B$3.33B
Net Income$-807.2M$-807.2M$-664.9M$-410.8M$283.9M
EBITDA$-148.7M$-148.7M$-222.7M$-246.9M$478.0M
EPS-63.70-63.70-53.33-38.6826.72
Gross Margin29.7%29.7%32.2%42.0%53.4%
Operating Margin-15.8%-15.8%-11.3%-10.6%10.5%
Net Margin-16.1%-16.1%-15.1%-13.7%8.5%
Balance Sheet
Debt/Equity0.770.770.370.320.00
Current Ratio1.321.32———
Cash Flow
Free Cash Flow$-678.9M$-678.9M$-923.6M$-1.04B$68.2M
Returns
ROE-25.3%-25.3%-16.8%-32.7%18.4%
Valuation
P/E27.6927.69——55.33
EV/EBITDA————30.64
P/B2.322.327.5116.9710.18
Growth & Yield
Revenue Growth13.5%13.5%47.5%-10.2%—
EPS Growth-19.4%-19.4%-37.9%-244.8%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

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 +33.6%

Total return

+33.6%

Start / end P/E

n/dx → n/dx

EPS bridge

-53.33 → -63.70

Residual

+33.6%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+33.6%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

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.