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378A.T$2005.00-4.98%
Fair $2005.00+0.0%

378A.T

378A.T

Communication Services / Advertising AgenciesTokyo

$2005.00

-105.00 (-4.98%)

Fairly Valued+0.0%Fair Value $2005.00Fund rank 37/100 · Data gapFallback financials|
SA 46/C
F-Score: 5/9

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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $860.5M · quality 77.0/100

Data gap 37/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 85/100Data 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

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

12/100

SEC 0%

Latest source: unknownPeriods: 3Warnings: 0unknown: 3
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 · 378A.TLocal privado en este navegador · 378A.T
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

$14.3B

P/E

13.2x

↓

EV/EBITDA

6.5x

↓

ROE

26.7%

↑

Gross Margin

62.2%

↑

Debt/Equity

0.45

↑
52-Week Range$2005
$1626$3060

TradingView lightweight chart

378A.T price, volumen y niveles de valoración

Último $2,005Periodo -24.8%
Fair value: $2,005

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2023–2025 · 2 años de histórico normalizado

Revenue CAGR

+13.4%

FCF CAGR

+8.6%

FCF margin

23.0%

FCF / Net income

1.12x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.42B · net income $905.1M · FCF $1.01B

2023-FY → 2025-FY

Gross margin

62.2%-1.4% pts

Operating margin

31.4%-1.7% pts

Net margin

20.5%-1.5% pts

FCF margin

23.0%-2.1% pts
MetricTTM
2025
2024
2023
Income Statement
Revenue$4.42B$4.42B$4.12B$3.44B
Net Income$905.1M$905.1M$935.6M$755.5M
EBITDA$1.63B$1.63B$1.64B$1.32B
EPS145.28145.28150.18121.26
Gross Margin62.2%62.2%63.4%63.7%
Operating Margin31.4%31.4%33.9%33.1%
Net Margin20.5%20.5%22.7%22.0%
Balance Sheet
Debt/Equity0.450.450.841.07
Current Ratio4.004.00——
Cash Flow
Free Cash Flow$1.01B$1.01B$595.1M$860.5M
Returns
ROE26.7%26.7%36.2%44.0%
Valuation
P/E13.1813.18——
EV/EBITDA6.496.49——
P/B3.683.68——
Growth & Yield
Revenue Growth7.2%7.2%20.0%—
EPS Growth-3.3%-3.3%23.8%—
Dividend Yield3.3%3.3%——

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

7.0%

razonable

EPS terminal req.

$177.91

Spread vs growth

-10.2%

5Y implied EPS CAGR

8.2%

razonable

EPS terminal req.

$215.27

Spread vs growth

-11.4%

10Y implied EPS CAGR

9.1%

razonable

EPS terminal req.

$346.70

Spread vs growth

-12.4%

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 · available periodreconcilia total -21.5%

Total return

-21.5%

Start / end P/E

17.8x → 13.8x

EPS bridge

150.18 → 145.28

Residual

+0.7%

EPS growth-3.3%
Multiple rerating-22.3%
Dividend+3.3%
Residual / FX / buybacks / cross-term+0.7%

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.