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9020.T$3345.00-1.70%
Fair $3345.00+0.0%

9020.T

East Japan Railway Company

Industrials / RailroadsTokyo

$3345.00

-58.00 (-1.70%)

Fairly Valued+0.0%Fair Value $3345.00Fund rank 21/100 · Data gapFallback financials|
SA 34/D
F-Score: 8/9

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 14%

FCF escenarios

weak_data · normalized FCF $-26.8B · quality 27.7/100

Data gap 21/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data 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

34/100

D

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: 0unknown: 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.
Thesis & Journal · 9020.TLocal privado en este navegador · East Japan Railway Company
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

$3.78T

P/E

15.2x

↓

EV/EBITDA

10.5x

↑

ROE

7.8%

↑

Gross Margin

35.7%

↑

Debt/Equity

1.63

↑
52-Week Range$3345
$2960$4211

TradingView lightweight chart

9020.T price, volumen y niveles de valoración

Último $3,354Periodo +82.6%
Fair value: $3,345

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

+13.4%

FCF CAGR

—

FCF margin

-1.3%

FCF / Net income

-0.17x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.89T · net income $224.28B · FCF $-38.68B

2022-FY → 2025-FY

Gross margin

35.7%+16.4% pts

Operating margin

13.0%+20.8% pts

Net margin

7.8%+12.6% pts

FCF margin

-1.3%+18.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2887.55B$2887.55B$2730.12B$2405.54B$1978.97B
Net Income$224.28B$224.28B$196.45B$99.23B$-94.95B
EBITDA$778.32B$778.32B$736.22B$582.01B$274.28B
EPS198.29198.29173.8287.79—
Gross Margin35.7%35.7%35.4%29.8%19.3%
Operating Margin13.0%13.0%12.6%5.8%-7.8%
Net Margin7.8%7.8%7.2%4.1%-4.8%
Balance Sheet
Debt/Equity1.631.631.681.801.69
Current Ratio0.780.78———
Cash Flow
Free Cash Flow$-38.68B$-38.68B$-26.81B$26.17B$-392.55B
Returns
ROE7.8%7.8%7.2%4.0%-4.0%
Valuation
P/E15.2515.2516.6728.20—
EV/EBITDA10.5310.5310.2612.1023.61
P/B1.321.321.201.131.08
Growth & Yield
Revenue Growth5.8%5.8%13.5%21.6%—
EPS Growth14.1%14.1%98.0%——
Dividend Yield2.5%2.5%———

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

14.4%

razonable

EPS terminal req.

$296.81

Spread vs growth

-0.3%

5Y implied EPS CAGR

12.6%

razonable

EPS terminal req.

$359.14

Spread vs growth

1.5%

10Y implied EPS CAGR

11.3%

razonable

EPS terminal req.

$578.40

Spread vs growth

2.8%

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 +11.1%

Total return

+11.1%

Start / end P/E

17.8x → 16.9x

EPS bridge

173.82 → 198.29

Residual

-0.7%

EPS growth+14.1%
Multiple rerating-4.8%
Dividend+2.5%
Residual / FX / buybacks / cross-term-0.7%

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.