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4623.T$1707.00-0.06%
Fair $1707.00+0.0%

4623.T

Asahipen Corporation

Basic Materials / Specialty ChemicalsTokyo

$1707.00

-1.00 (-0.06%)

Fairly Valued+0.0%Fair Value $1707.00Fund rank 28/100 · Data gapFallback financials|
SA 49/C
F-Score: 7/9
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 33% · confianza 20%

FCF escenarios

weak_data · normalized FCF $6.3M · quality 49.7/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 22/100Data 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

49/100

C

Piotroski

7/9

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 5.0%, below the 5% threshold
Thesis & Journal · 4623.TLocal privado en este navegador · Asahipen Corporation
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

$6.3B

P/E

9.1x

↓

EV/EBITDA

4.2x

↓

ROE

5.0%

↑

Gross Margin

30.9%

↑

Debt/Equity

0.28

↑
52-Week Range$1707
$1695$1780

TradingView lightweight chart

4623.T price, volumen y niveles de valoración

Último $1,707Periodo -43.3%
Fair value: $1,707

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

+6.4%

FCF CAGR

—

FCF margin

-2.6%

FCF / Net income

-0.64x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $17.15B · net income $701.6M · FCF $-449.3M

2022-FY → 2025-FY

Gross margin

30.9%-5.3% pts

Operating margin

5.0%-1.3% pts

Net margin

4.1%-3.0% pts

FCF margin

-2.6%-10.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$17.15B$17.15B$17.11B$17.13B$14.22B
Net Income$701.6M$701.6M$380.5M$653.7M$1.00B
EBITDA$1.64B$1.64B$1.25B$1.58B$1.44B
EPS190.46190.46106.35175.53260.37
Gross Margin30.9%30.9%31.1%31.3%36.2%
Operating Margin5.0%5.0%4.9%4.6%6.4%
Net Margin4.1%4.1%2.2%3.8%7.1%
Balance Sheet
Debt/Equity0.280.280.290.310.22
Current Ratio1.781.78———
Cash Flow
Free Cash Flow$-449.3M$-449.3M$521.4M$6.3M$1.06B
Returns
ROE5.0%5.0%2.8%4.8%7.6%
Valuation
P/E9.089.0816.9310.517.22
EV/EBITDA4.244.245.204.383.99
P/B0.440.440.470.510.55
Growth & Yield
Revenue Growth0.3%0.3%-0.1%20.5%—
EPS Growth79.1%79.1%-39.4%-32.6%—
Dividend Yield3.5%3.5%———

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

-7.4%

fácil

EPS terminal req.

$151.47

Spread vs growth

86.4%

5Y implied EPS CAGR

-0.8%

fácil

EPS terminal req.

$183.28

Spread vs growth

79.9%

10Y implied EPS CAGR

4.5%

fácil

EPS terminal req.

$295.17

Spread vs growth

74.6%

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 +2.5%

Total return

+2.5%

Start / end P/E

16.2x → 9.0x

EPS bridge

106.35 → 190.46

Residual

-35.4%

EPS growth+79.1%
Multiple rerating-44.7%
Dividend+3.5%
Residual / FX / buybacks / cross-term-35.4%

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.