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4487.T$230.00-3.77%
Fair $230.00+0.0%

4487.T

Spacemarket,Inc.

Real Estate / Real Estate ServicesTokyo

$230.00

-9.00 (-3.77%)

Fairly Valued+0.0%Fair Value $230.00Fund rank 25/100 · Data gapFallback financials|
SA 35/D
F-Score: 2/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 10.0/100

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

35/100

D

Piotroski

2/9

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 NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled.
Thesis & Journal · 4487.TLocal privado en este navegador · Spacemarket,Inc.
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

$2.8B

P/E

13.1x

↑

EV/EBITDA

7.0x

↓

ROE

21.2%

↑

Gross Margin

76.2%

↑

Debt/Equity

0.81

↑
52-Week Range$230
$210$473

TradingView lightweight chart

4487.T price, volumen y niveles de valoración

Último $230.00Periodo -85.6%
Fair value: $230.00

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

+27.7%

FCF CAGR

—

FCF margin

-4.7%

FCF / Net income

-0.57x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.57B · net income $214.0M · FCF $-121.7M

2022-FY → 2025-FY

Gross margin

76.2%+2.5% pts

Operating margin

9.6%+18.9% pts

Net margin

8.3%+17.7% pts

FCF margin

-4.7%+11.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.57B$2.57B$1.97B$1.56B$1.23B
Net Income$214.0M$214.0M$181.6M$-168.4M$-114.9M
EBITDA$350.3M$350.3M$248.3M$-133.4M$-56.8M
EPS——15.01-14.08-9.66
Gross Margin76.2%76.2%77.8%79.2%73.6%
Operating Margin9.6%9.6%9.0%6.5%-9.3%
Net Margin8.3%8.3%9.2%-10.8%-9.3%
Balance Sheet
Debt/Equity0.810.810.300.320.27
Current Ratio1.571.57———
Cash Flow
Free Cash Flow$-121.7M$-121.7M$300.5M$174.5M$-202.4M
Returns
ROE21.2%21.2%23.8%-30.5%-16.5%
Valuation
P/E13.0513.0520.79——
EV/EBITDA6.976.9712.47——
P/B2.762.764.956.964.80
Growth & Yield
Revenue Growth30.3%30.3%26.0%26.9%—
EPS Growth——206.6%-45.8%—

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 -35.4%

Total return

-35.4%

Start / end P/E

n/dx → n/dx

EPS bridge

15.01 → n/d

Residual

-35.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-35.4%

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.