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3788.T$1925.00-0.47%
Fair $1925.00+0.0%

3788.T

GMO GlobalSign Holdings K.K.

Technology / Information Technology ServicesTokyo

$1925.00

-9.00 (-0.47%)

Fairly Valued+0.0%Fair Value $1925.00Fund rank 34/100 · Data gapFallback financials|
SA 46/C
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 $1.2B · quality 67.7/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 59/100Data 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

46/100

C

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. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists.
Thesis & Journal · 3788.TLocal privado en este navegador · GMO GlobalSign Holdings K.K.
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

$22.1B

P/E

22.0x

↑

EV/EBITDA

5.1x

↓

ROE

9.7%

↑

Gross Margin

59.0%

↑

Debt/Equity

0.26

↑
52-Week Range$1925
$1830$2519

TradingView lightweight chart

3788.T price, volumen y niveles de valoración

Último $1,925Periodo -76.2%
Fair value: $1,925

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

+9.0%

FCF CAGR

+62.0%

FCF margin

6.0%

FCF / Net income

1.24x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $20.67B · net income $1.01B · FCF $1.25B

2022-FY → 2025-FY

Gross margin

59.0%-1.6% pts

Operating margin

7.1%-0.0% pts

Net margin

4.9%-0.4% pts

FCF margin

6.0%+4.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$20.67B$20.67B$19.17B$17.50B$15.96B
Net Income$1.01B$1.01B$854.6M$739.7M$846.8M
EBITDA$3.12B$3.12B$2.86B$2.59B$2.31B
EPS——74.2264.2173.51
Gross Margin59.0%59.0%60.2%62.5%60.7%
Operating Margin7.1%7.1%6.5%7.4%7.1%
Net Margin4.9%4.9%4.5%4.2%5.3%
Balance Sheet
Debt/Equity0.260.260.320.230.25
Current Ratio2.092.09———
Cash Flow
Free Cash Flow$1.25B$1.25B$1.23B$267.2M$293.7M
Returns
ROE9.7%9.7%9.0%8.6%10.7%
Valuation
P/E21.9721.9731.8141.3854.55
EV/EBITDA5.095.097.5610.0317.96
P/B2.142.142.873.545.82
Growth & Yield
Revenue Growth7.9%7.9%9.5%9.6%—
EPS Growth——15.6%-12.7%—
Dividend Yield3.1%3.1%———

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 -2.1%

Total return

-2.1%

Start / end P/E

n/dx → n/dx

EPS bridge

74.22 → n/d

Residual

-5.2%

EPS growthn/d
Multiple reratingn/d
Dividend+3.1%
Residual / FX / buybacks / cross-term-5.2%

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.