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v0.1
8920.T$718.00-1.10%
Fair $718.00+0.0%

8920.T

Tosho Co., Ltd.

Industrials / ConglomeratesTokyo

$718.00

-8.00 (-1.10%)

Fairly Valued+0.0%Fair Value $718.00Fund rank 29/100 · Data gapFallback financials|
SA 46/C
F-Score: 8/9
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 $6.5B · quality 47.0/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 30/100Data 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

46/100

C

Piotroski

8/9

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 holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. ROE is 3.4%, below the 5% threshold
Thesis & Journal · 8920.TLocal privado en este navegador · Tosho 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

$25.8B

P/E

7.5x

↓

EV/EBITDA

4.1x

↓

ROE

3.4%

↓

Gross Margin

21.9%

↓

Debt/Equity

0.59

↑
52-Week Range$718
$581$980

TradingView lightweight chart

8920.T price, volumen y niveles de valoración

Último $718.00Periodo +199.8%
Fair value: $718.00

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

+9.2%

FCF CAGR

-17.1%

FCF margin

18.2%

FCF / Net income

5.27x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $35.62B · net income $1.23B · FCF $6.47B

2022-FY → 2025-FY

Gross margin

21.9%-1.0% pts

Operating margin

16.5%+0.1% pts

Net margin

3.4%-5.4% pts

FCF margin

18.2%-23.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$35.62B$35.62B$30.93B$22.51B$27.32B
Net Income$1.23B$1.23B$-2.23B$857.7M$2.42B
EBITDA$6.82B$6.82B$4.30B$5.78B$7.19B
EPS32.0632.06-58.2022.3963.29
Gross Margin21.9%21.9%18.7%21.2%22.9%
Operating Margin16.5%16.5%12.8%13.9%16.4%
Net Margin3.4%3.4%-7.2%3.8%8.9%
Balance Sheet
Debt/Equity0.590.590.720.880.76
Current Ratio3.033.03———
Cash Flow
Free Cash Flow$6.47B$6.47B$7.34B$-14.25B$11.38B
Returns
ROE3.4%3.4%-6.3%2.3%6.6%
Valuation
P/E7.557.55—52.3027.38
EV/EBITDA4.054.058.3710.579.40
P/B0.760.760.771.191.80
Growth & Yield
Revenue Growth15.2%15.2%37.4%-17.6%—
EPS Growth155.1%155.1%-359.9%-64.6%—
Dividend Yield1.4%1.4%———

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

25.7%

muy exigente

EPS terminal req.

$63.71

Spread vs growth

129.4%

5Y implied EPS CAGR

19.2%

exigente

EPS terminal req.

$77.09

Spread vs growth

135.9%

10Y implied EPS CAGR

14.5%

razonable

EPS terminal req.

$124.15

Spread vs growth

140.6%

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 +22.7%

Total return

+22.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-58.20 → 32.06

Residual

+21.3%

EPS growthn/d
Multiple reratingn/d
Dividend+1.4%
Residual / FX / buybacks / cross-term+21.3%

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.