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3649.T$791.00+1.17%
Fair $791.00+0.0%

3649.T

FINDEX Inc.

Healthcare / Health Information ServicesTokyo

$791.00

+9.00 (+1.17%)

Fairly Valued+0.0%Fair Value $791.00Fund rank 31/100 · Data gapFallback financials|
SA 36/D
F-Score: 6/9

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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $1.4B · quality 55.3/100

Data gap 31/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 68/100Data 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

36/100

D

Piotroski

6/9

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 · 3649.TLocal privado en este navegador · FINDEX 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

$19.3B

P/E

15.8x

↓

EV/EBITDA

8.4x

↓

ROE

23.1%

↑

Gross Margin

65.2%

↑

Debt/Equity

N/A

•
52-Week Range$791
$717$1011

TradingView lightweight chart

3649.T price, volumen y niveles de valoración

Último $775.00Periodo +808.2%
Fair value: $791.00

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

+10.4%

FCF CAGR

+52.7%

FCF margin

22.2%

FCF / Net income

1.08x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $6.11B · net income $1.26B · FCF $1.36B

2022-FY → 2025-FY

Gross margin

65.2%+5.3% pts

Operating margin

29.3%+6.6% pts

Net margin

20.6%+4.7% pts

FCF margin

22.2%+13.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$6.11B$6.11B$5.84B$5.19B$4.54B
Net Income$1.26B$1.26B$1.16B$1.06B$722.8M
EBITDA$2.10B$2.10B$1.82B$1.75B$1.32B
EPS———41.3128.21
Gross Margin65.2%65.2%60.8%64.1%60.0%
Operating Margin29.3%29.3%26.1%28.8%22.6%
Net Margin20.6%20.6%19.9%20.4%15.9%
Balance Sheet
Current Ratio4.004.00———
Cash Flow
Free Cash Flow$1.36B$1.36B$1.60B$559.9M$380.4M
Returns
ROE23.1%23.1%20.7%21.9%17.9%
Valuation
P/E15.8015.80—24.2116.91
EV/EBITDA8.418.4111.1413.087.45
P/B3.553.553.925.303.03
Growth & Yield
Revenue Growth4.6%4.6%12.5%14.3%—
EPS Growth———46.4%—
Dividend Yield3.5%3.5%———

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 +9.1%

Total return

+9.1%

Start / end P/E

n/dx → n/dx

EPS bridge

n/d → n/d

Residual

+5.6%

EPS growthn/d
Multiple reratingn/d
Dividend+3.5%
Residual / FX / buybacks / cross-term+5.6%

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.