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3656.T$225.00-3.38%
Fair $225.00+0.0%

3656.T

KLab Inc.

Communication Services / Electronic Gaming & MultimediaTokyo

$225.00

-8.00 (-3.38%)

Fairly Valued+0.0%Fair Value $225.00Fund rank 33/100 · Data gapFallback financials|
SA 23/D
F-Score: 2/9
Declining RevenueMargin 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 33% · confianza 25%

FCF escenarios

weak_data · normalized FCF $-2.5B · quality 79.3/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 45/100Data 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

23/100

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: 3unknown: 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. Revenue has declined for 3 consecutive years Operating margin has declined for 3 consecutive years ROE is -40.5%, below the 5% threshold
Thesis & Journal · 3656.TLocal privado en este navegador · KLab 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

$17.8B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-40.5%

↓

Gross Margin

12.1%

↓

Debt/Equity

0.02

↓
52-Week Range$225
$106$446

TradingView lightweight chart

3656.T price, volumen y niveles de valoración

Último $229.00Periodo -70.7%
Fair value: $225.00

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

-25.9%

FCF CAGR

—

FCF margin

-36.1%

FCF / Net income

0.59x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $6.86B · net income $-4.18B · FCF $-2.48B

2022-FY → 2025-FY

Gross margin

12.1%-5.8% pts

Operating margin

-19.0%-15.5% pts

Net margin

-60.9%-57.7% pts

FCF margin

-36.1%-19.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$6.86B$6.86B$8.31B$10.72B$16.88B
Net Income$-4.18B$-4.18B$-2.78B$-1.82B$-541.9M
EBITDA$-3.95B$-3.95B$-2.03B$-1.29B$-122.4M
EPS-73.53-73.53-62.91-44.98-13.97
Gross Margin12.1%12.1%13.6%16.4%17.9%
Operating Margin-19.0%-19.0%-16.2%-11.4%-3.5%
Net Margin-60.9%-60.9%-33.5%-17.0%-3.2%
Balance Sheet
Debt/Equity0.020.020.150.270.27
Current Ratio2.962.96———
Cash Flow
Free Cash Flow$-2.48B$-2.48B$-2.07B$-4.36B$-2.84B
Returns
ROE-40.5%-40.5%-26.8%-15.5%-4.1%
Valuation
P/B1.241.240.751.001.25
Growth & Yield
Revenue Growth-17.5%-17.5%-22.5%-36.5%—
EPS Growth-16.9%-16.9%-39.9%-222.0%—

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 +100.9%

Total return

+100.9%

Start / end P/E

n/dx → n/dx

EPS bridge

-62.91 → -73.53

Residual

+100.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+100.9%

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.