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4102.T$1425.00-1.11%
Fair $1425.00+0.0%

4102.T

Maruo Calcium Co., Ltd.

Basic Materials / ChemicalsTokyo

$1425.00

-16.00 (-1.11%)

Fairly Valued+0.0%Fair Value $1425.00Fund rank 25/100 · Data gapFallback financials|
SA 46/C
F-Score: 4/9
Low 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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-226.8M · quality 43.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 9/100Data 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

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: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. ROE is 1.5%, below the 5% threshold
Thesis & Journal · 4102.TLocal privado en este navegador · Maruo Calcium 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

$3.0B

P/E

10.6x

↓

EV/EBITDA

3.9x

↓

ROE

1.5%

↑

Gross Margin

16.8%

↓

Debt/Equity

0.23

↑
52-Week Range$1425
$1314$1569

TradingView lightweight chart

4102.T price, volumen y niveles de valoración

Último $1,419Periodo +29.0%
Fair value: $1,425

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

+3.6%

FCF CAGR

—

FCF margin

-4.8%

FCF / Net income

-4.17x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $12.84B · net income $148.6M · FCF $-619.9M

2022-FY → 2025-FY

Gross margin

16.8%-1.7% pts

Operating margin

0.0%-1.2% pts

Net margin

1.2%-0.5% pts

FCF margin

-4.8%-6.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$12.84B$12.84B$12.89B$12.59B$11.57B
Net Income$148.6M$148.6M$249.2M$117.1M$190.8M
EBITDA$797.0M$797.0M$828.2M$655.2M$873.3M
EPS65.4665.46108.0450.7383.03
Gross Margin16.8%16.8%17.7%18.3%18.5%
Operating Margin0.0%0.0%1.1%0.3%1.2%
Net Margin1.2%1.2%1.9%0.9%1.6%
Balance Sheet
Debt/Equity0.230.230.210.290.22
Current Ratio2.652.65———
Cash Flow
Free Cash Flow$-619.9M$-619.9M$180.7M$-226.8M$201.8M
Returns
ROE1.5%1.5%2.6%1.3%2.1%
Valuation
P/E10.5810.5813.7025.1315.78
EV/EBITDA3.953.952.782.981.97
P/B0.330.330.360.320.34
Growth & Yield
Revenue Growth-0.4%-0.4%2.3%8.9%—
EPS Growth-39.4%-39.4%113.0%-38.9%—
Dividend Yield4.2%4.2%———

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

24.5%

exigente

EPS terminal req.

$126.45

Spread vs growth

-64.0%

5Y implied EPS CAGR

18.5%

exigente

EPS terminal req.

$153.00

Spread vs growth

-57.9%

10Y implied EPS CAGR

14.2%

razonable

EPS terminal req.

$246.41

Spread vs growth

-53.6%

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 +8.7%

Total return

+8.7%

Start / end P/E

12.6x → 21.7x

EPS bridge

108.04 → 65.46

Residual

-28.6%

EPS growth-39.4%
Multiple rerating+72.5%
Dividend+4.2%
Residual / FX / buybacks / cross-term-28.6%

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.