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3766.T$1236.00-2.00%
Fair $1236.00+0.0%

3766.T

Systems Design Co., Ltd.

Technology / Information Technology ServicesTokyo

$1236.00

-26.00 (-2.00%)

Fairly Valued+0.0%Fair Value $1236.00Fund rank 33/100 · Data gapFallback financials|
SA 51/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 32% · confianza 25%

FCF escenarios

weak_data · normalized FCF $536.5M · quality 63.3/100

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

51/100

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 · 3766.TLocal privado en este navegador · Systems Design 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

$4.2B

P/E

10.7x

↓

EV/EBITDA

2.3x

↓

ROE

6.4%

↑

Gross Margin

22.4%

↓

Debt/Equity

0.00

↓
52-Week Range$1236
$1062$1450

TradingView lightweight chart

3766.T price, volumen y niveles de valoración

Último $1,271Periodo +49.4%
Fair value: $1,236

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

+4.8%

FCF CAGR

—

FCF margin

-0.1%

FCF / Net income

-0.02x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $9.61B · net income $297.6M · FCF $-6.4M

2022-FY → 2025-FY

Gross margin

22.4%+1.2% pts

Operating margin

4.7%+0.7% pts

Net margin

3.1%+0.2% pts

FCF margin

-0.1%-2.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$9.61B$9.61B$9.46B$9.41B$8.34B
Net Income$297.6M$297.6M$341.9M$381.0M$239.6M
EBITDA$563.0M$563.0M$635.9M$701.0M$443.8M
EPS87.1287.12100.25111.82—
Gross Margin22.4%22.4%22.1%22.1%21.1%
Operating Margin4.7%4.7%5.5%6.3%4.0%
Net Margin3.1%3.1%3.6%4.0%2.9%
Balance Sheet
Debt/Equity0.000.000.000.000.00
Current Ratio3.533.53———
Cash Flow
Free Cash Flow$-6.4M$-6.4M$849.4M$536.5M$190.6M
Returns
ROE6.4%6.4%7.7%9.1%6.2%
Valuation
P/E10.7510.758.906.84—
EV/EBITDA2.312.31-0.29-0.34-0.90
P/B0.910.910.680.620.52
Growth & Yield
Revenue Growth1.6%1.6%0.5%12.8%—
EPS Growth-13.1%-13.1%-10.3%——
Dividend Yield4.7%4.7%———

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

8.0%

razonable

EPS terminal req.

$109.67

Spread vs growth

-21.1%

5Y implied EPS CAGR

8.8%

razonable

EPS terminal req.

$132.71

Spread vs growth

-21.9%

10Y implied EPS CAGR

9.4%

razonable

EPS terminal req.

$213.72

Spread vs growth

-22.5%

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 +18.9%

Total return

+18.9%

Start / end P/E

11.1x → 14.6x

EPS bridge

100.25 → 87.12

Residual

-4.1%

EPS growth-13.1%
Multiple rerating+31.4%
Dividend+4.7%
Residual / FX / buybacks / cross-term-4.1%

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.