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8956.T$128700.00-1.45%
Fair $128700.00+0.0%

8956.T

NTT UD REIT Investment Corporation

Real Estate / REIT - DiversifiedTokyo

$128700.00

-1900.00 (-1.45%)

Fairly Valued+0.0%Fair Value $128700.00Fund rank 25/100 · Data gapFallback financials|
SA 23/D
F-Score: 5/9
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 100% · confianza 20%

FCF escenarios

weak_data · normalized FCF n/d · quality 25.0/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 23/100Data 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

23/100

D

Piotroski

5/9

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 NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Operating margin has declined for 3 consecutive years
Thesis & Journal · 8956.TLocal privado en este navegador · NTT UD REIT Investment 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

$189.0B

P/E

22.4x

↑

EV/EBITDA

23.2x

↑

ROE

5.8%

↑

Gross Margin

42.7%

↓

Debt/Equity

0.90

↑
52-Week Range$128700
$127100$149800

TradingView lightweight chart

8956.T price, volumen y niveles de valoración

Último $128,700Periodo -10.1%
Fair value: $128,700

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

+4.6%

FCF CAGR

—

FCF margin

72.9%

FCF / Net income

2.29x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $26.53B · net income $8.44B · FCF $19.34B

2022-FY → 2025-FY

Gross margin

42.7%-8.8% pts

Operating margin

36.8%-8.3% pts

Net margin

31.8%-9.5% pts

FCF margin

72.9%+91.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$26.53B$26.53B$23.78B$24.53B$23.21B
Net Income$8.44B$8.44B$8.58B$10.05B$9.59B
EBITDA$13.21B$13.21B$13.14B$14.06B$13.62B
EPS5748.045748.045787.967168.196842.64
Gross Margin42.7%42.7%47.1%50.8%51.5%
Operating Margin36.8%36.8%41.1%44.6%45.1%
Net Margin31.8%31.8%36.1%41.0%41.3%
Balance Sheet
Debt/Equity0.900.900.950.820.75
Current Ratio0.940.94———
Cash Flow
Free Cash Flow$19.34B$19.34B$-27.19B$12.22B$-4.20B
Returns
ROE5.8%5.8%5.8%7.2%7.0%
Valuation
P/E22.4522.4518.8317.8721.28
EV/EBITDA23.2123.2122.5820.4322.11
P/B1.291.291.091.291.48
Growth & Yield
Revenue Growth11.6%11.6%-3.1%5.7%—
EPS Growth-0.7%-0.7%-19.3%4.8%—
Dividend Yield4.8%4.8%———

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

25.7%

muy exigente

EPS terminal req.

$11419.98

Spread vs growth

-26.4%

5Y implied EPS CAGR

19.2%

exigente

EPS terminal req.

$13818.18

Spread vs growth

-19.9%

10Y implied EPS CAGR

14.5%

razonable

EPS terminal req.

$22254.31

Spread vs growth

-15.2%

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 +3.8%

Total return

+3.8%

Start / end P/E

22.5x → 22.4x

EPS bridge

5787.96 → 5748.04

Residual

+0.0%

EPS growth-0.7%
Multiple rerating-0.3%
Dividend+4.8%
Residual / FX / buybacks / cross-term+0.0%

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.