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4238.T$1550.00-4.97%
Fair $1550.00+0.0%

4238.T

Miraial Co., Ltd.

Technology / Semiconductor Equipment & MaterialsTokyo

$1550.00

-81.00 (-4.97%)

Fairly Valued+0.0%Fair Value $1550.00Fund rank 20/100 · Data gapFallback financials|
SA 43/C
F-Score: 3/9
Margin 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 34% · confianza 15%

FCF escenarios

weak_data · normalized FCF $-1.5B · quality 29.7/100

Data gap 20/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 7/100Data 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

43/100

C

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 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. Operating margin has declined for 3 consecutive years ROE is 2.6%, below the 5% threshold
Thesis & Journal · 4238.TLocal privado en este navegador · Miraial 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

$14.0B

P/E

23.1x

↑

EV/EBITDA

4.8x

↓

ROE

2.6%

↓

Gross Margin

18.8%

↓

Debt/Equity

N/A

•
52-Week Range$1550
$1074$1659

TradingView lightweight chart

4238.T price, volumen y niveles de valoración

Último $1,550Periodo -31.1%
Fair value: $1,550

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2023–2026 · 3 años de histórico normalizado

Revenue CAGR

-4.1%

FCF CAGR

—

FCF margin

-11.8%

FCF / Net income

-2.44x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $12.57B · net income $606.4M · FCF $-1.48B

2023-FY → 2026-FY

Gross margin

18.8%-10.9% pts

Operating margin

4.1%-13.2% pts

Net margin

4.8%-6.2% pts

FCF margin

-11.8%-8.3% pts
MetricTTM
2026
2025
2024
2023
Income Statement
Revenue$12.57B$12.57B$14.00B$13.26B$14.27B
Net Income$606.4M$606.4M$1.06B$1.03B$1.57B
EBITDA$1.95B$1.95B$2.73B$2.57B$3.36B
EPS67.1067.10117.29113.82174.36
Gross Margin18.8%18.8%22.6%24.5%29.7%
Operating Margin4.1%4.1%10.2%11.5%17.2%
Net Margin4.8%4.8%7.6%7.7%11.0%
Balance Sheet
Current Ratio3.223.22———
Cash Flow
Free Cash Flow$-1.48B$-1.48B$-20.2M$-4.28B$-502.1M
Returns
ROE2.6%2.6%4.7%4.7%7.4%
Valuation
P/E23.1223.1210.7113.348.69
EV/EBITDA4.784.781.782.690.64
P/B0.610.610.500.630.65
Growth & Yield
Revenue Growth-10.2%-10.2%5.6%-7.1%—
EPS Growth-42.8%-42.8%3.0%-34.7%—
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%

3Y implied EPS CAGR

27.0%

muy exigente

EPS terminal req.

$137.54

Spread vs growth

-69.8%

5Y implied EPS CAGR

19.9%

exigente

EPS terminal req.

$166.42

Spread vs growth

-62.7%

10Y implied EPS CAGR

14.9%

razonable

EPS terminal req.

$268.02

Spread vs growth

-57.6%

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 +24.3%

Total return

+24.3%

Start / end P/E

10.9x → 23.1x

EPS bridge

117.29 → 67.10

Residual

-47.9%

EPS growth-42.8%
Multiple rerating+111.8%
Dividend+3.1%
Residual / FX / buybacks / cross-term-47.9%

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.