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7046.T$1320.00-1.20%
Fair $1320.00+0.0%

7046.T

TDSE Inc.

Technology / Information Technology ServicesTokyo

$1320.00

-16.00 (-1.20%)

Fairly Valued+0.0%Fair Value $1320.00Fund rank 37/100 · Data gapFallback financials|
SA 60/B
F-Score: 4/9
Margin Compression

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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $192.9M · quality 73.3/100

Data gap 37/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 70/100Data 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

60/100

B

Piotroski

4/9

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. Operating margin has declined for 3 consecutive years
Thesis & Journal · 7046.TLocal privado en este navegador · TDSE 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

15.8x

↓

EV/EBITDA

3.6x

↓

ROE

6.2%

↑

Gross Margin

34.3%

↑

Debt/Equity

0.00

↓
52-Week Range$1320
$1200$2162

TradingView lightweight chart

7046.T price, volumen y niveles de valoración

Último $1,320Periodo -80.2%
Fair value: $1,320

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

+16.1%

FCF CAGR

-2.9%

FCF margin

7.3%

FCF / Net income

1.45x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.70B · net income $136.6M · FCF $197.3M

2022-FY → 2025-FY

Gross margin

34.3%-6.7% pts

Operating margin

7.4%-5.3% pts

Net margin

5.1%-3.5% pts

FCF margin

7.3%-5.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.70B$2.70B$2.52B$2.42B$1.72B
Net Income$136.6M$136.6M$200.3M$168.8M$148.3M
EBITDA$221.6M$221.6M$284.2M$275.8M$226.8M
EPS65.5665.5696.1581.7672.19
Gross Margin34.3%34.3%35.5%35.2%40.9%
Operating Margin7.4%7.4%10.8%11.0%12.6%
Net Margin5.1%5.1%7.9%7.0%8.6%
Balance Sheet
Debt/Equity0.000.000.000.00—
Current Ratio4.894.89———
Cash Flow
Free Cash Flow$197.3M$197.3M$46.9M$192.9M$215.7M
Returns
ROE6.2%6.2%9.7%9.0%8.7%
Valuation
P/E15.8115.8119.8927.7217.26
EV/EBITDA3.593.597.7110.544.17
P/B1.241.241.922.501.50
Growth & Yield
Revenue Growth7.0%7.0%4.4%40.2%—
EPS Growth-31.8%-31.8%17.6%13.3%—
Dividend Yield0.8%0.8%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

21.3%

exigente

EPS terminal req.

$117.13

Spread vs growth

-53.2%

5Y implied EPS CAGR

16.7%

exigente

EPS terminal req.

$141.72

Spread vs growth

-48.5%

10Y implied EPS CAGR

13.3%

razonable

EPS terminal req.

$228.25

Spread vs growth

-45.1%

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 +5.9%

Total return

+5.9%

Start / end P/E

13.1x → 20.1x

EPS bridge

96.15 → 65.56

Residual

-17.3%

EPS growth-31.8%
Multiple rerating+54.3%
Dividend+0.8%
Residual / FX / buybacks / cross-term-17.3%

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.