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4765.T$594.00-1.66%
Fair $594.00+0.0%

4765.T

SBI Global Asset Management Co., Ltd.

Financial Services / Asset ManagementTokyo

$594.00

-10.00 (-1.66%)

Fairly Valued+0.0%Fair Value $594.00Fund rank 33/100 · Data gapFallback financials|
SA 44/C
F-Score: 7/9
Margin Compression

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 46.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 51/100Data 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

44/100

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. Insufficient audited annual history (<3 SEC-backed years); financial Book/ROE targets are disabled until manually verified. Operating margin has declined for 3 consecutive years
Thesis & Journal · 4765.TLocal privado en este navegador · SBI Global Asset Management 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

$82.0B

P/E

21.0x

↑

EV/EBITDA

17.6x

↑

ROE

10.8%

↑

Gross Margin

49.3%

↓

Debt/Equity

0.01

↓
52-Week Range$594
$565$672

TradingView lightweight chart

4765.T price, volumen y niveles de valoración

Último $591.00Periodo +440399.1%
Fair value: $594.00

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

+12.5%

FCF CAGR

+32.2%

FCF margin

16.1%

FCF / Net income

1.13x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $11.57B · net income $1.65B · FCF $1.86B

2022-FY → 2025-FY

Gross margin

49.3%-5.8% pts

Operating margin

19.6%-6.6% pts

Net margin

14.2%-3.7% pts

FCF margin

16.1%+6.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$11.57B$11.57B$10.14B$8.75B$8.12B
Net Income$1.65B$1.65B$1.59B$5.44B$1.45B
EBITDA$2.81B$2.81B$2.62B$2.38B$2.69B
EPS18.3718.3717.7260.7016.22
Gross Margin49.3%49.3%51.5%51.7%55.0%
Operating Margin19.6%19.6%20.8%20.9%26.2%
Net Margin14.2%14.2%15.7%62.2%17.9%
Balance Sheet
Debt/Equity0.010.010.010.020.01
Current Ratio3.603.60———
Cash Flow
Free Cash Flow$1.86B$1.86B$8.34B$2.27B$804.6M
Returns
ROE10.8%10.8%10.0%33.0%12.3%
Valuation
P/E21.0321.0340.077.9435.20
EV/EBITDA17.5717.5723.0317.3517.13
P/B3.493.493.992.624.34
Growth & Yield
Revenue Growth14.1%14.1%15.9%7.7%—
EPS Growth3.7%3.7%-70.8%274.2%—
Dividend Yield4.7%4.7%———

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

42.1%

muy exigente

EPS terminal req.

$52.71

Spread vs growth

-38.4%

5Y implied EPS CAGR

28.3%

muy exigente

EPS terminal req.

$63.78

Spread vs growth

-24.6%

10Y implied EPS CAGR

18.8%

exigente

EPS terminal req.

$102.71

Spread vs growth

-15.1%

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 -2.9%

Total return

-2.9%

Start / end P/E

36.1x → 32.2x

EPS bridge

17.72 → 18.37

Residual

-0.4%

EPS growth+3.7%
Multiple rerating-10.8%
Dividend+4.7%
Residual / FX / buybacks / cross-term-0.4%

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.