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6696.T$304.00-0.96%
Fair $304.00+0.0%

6696.T

TRaaS On Product Inc.

Technology / Communication EquipmentTokyo

$304.00

-3.00 (-0.96%)

Fairly Valued+0.0%Fair Value $304.00Fund rank 27/100 · Data gapFallback financials|
SA 15/F
F-Score: 2/9
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 $-66.3M · quality 47.0/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 19/100Data 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

15/100

F

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: 1unknown: 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. ROE is -17.6%, below the 5% threshold
Thesis & Journal · 6696.TLocal privado en este navegador · TRaaS On Product 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

$1.5B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-17.6%

↓

Gross Margin

45.7%

↑

Debt/Equity

0.43

↑
52-Week Range$304
$273$615

TradingView lightweight chart

6696.T price, volumen y niveles de valoración

Último $308.00Periodo -91.5%
Fair value: $304.00

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

-0.7%

FCF CAGR

—

FCF margin

-13.6%

FCF / Net income

1.08x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $485.9M · net income $-61.6M · FCF $-66.3M

2023-FY → 2026-FY

Gross margin

45.7%-1.7% pts

Operating margin

-7.4%-6.1% pts

Net margin

-12.7%-9.3% pts

FCF margin

-13.6%-13.4% pts
MetricTTM
2026
2025
2024
2023
Income Statement
Revenue$485.9M$485.9M$411.5M$311.0M$496.5M
Net Income$-61.6M$-61.6M$2.3M$-85.8M$-16.8M
EBITDA$-15.4M$-15.4M$30.9M$-72.5M$-9.9M
EPS——0.48-18.47-4.34
Gross Margin45.7%45.7%58.5%54.6%47.4%
Operating Margin-7.4%-7.4%1.3%-22.4%-1.3%
Net Margin-12.7%-12.7%0.6%-27.6%-3.4%
Balance Sheet
Debt/Equity0.430.430.150.150.48
Current Ratio4.834.83———
Cash Flow
Free Cash Flow$-66.3M$-66.3M$-17.2M$-128.2M$-1.3M
Returns
ROE-17.6%-17.6%0.6%-21.0%-5.1%
Valuation
P/E——877.08——
EV/EBITDA——58.32——
P/B4.184.184.992.937.09
Growth & Yield
Revenue Growth18.1%18.1%32.3%-37.4%—
EPS Growth——102.6%-325.6%—

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 -43.1%

Total return

-43.1%

Start / end P/E

n/dx → n/dx

EPS bridge

0.48 → n/d

Residual

-43.1%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-43.1%

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.