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v0.1
9246.T$1015.00+0.10%
Fair $1015.00+0.0%

9246.T

ProjectHoldings, Inc.

Industrials / Consulting ServicesTokyo

$1015.00

+1.00 (+0.10%)

Fairly Valued+0.0%Fair Value $1015.00Fund rank 30/100 · Data gapFallback financials|
SA 32/D
F-Score: 7/9

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 33% · confianza 22%

FCF escenarios

weak_data · normalized FCF $427.1M · quality 51.3/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 34/100Data 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

32/100

D

Piotroski

7/9

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. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists.
Thesis & Journal · 9246.TLocal privado en este navegador · ProjectHoldings, 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

$5.4B

P/E

43.2x

↑

EV/EBITDA

16.1x

↑

ROE

5.6%

↓

Gross Margin

36.1%

↑

Debt/Equity

0.54

↑
52-Week Range$1015
$948$1560

TradingView lightweight chart

9246.T price, volumen y niveles de valoración

Último $1,015Periodo -74.3%
Fair value: $1,015

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

+8.0%

FCF CAGR

-10.9%

FCF margin

9.8%

FCF / Net income

4.23x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.49B · net income $126.6M · FCF $536.3M

2022-FY → 2025-FY

Gross margin

36.1%-6.3% pts

Operating margin

2.8%-19.2% pts

Net margin

2.3%-13.2% pts

FCF margin

9.8%-7.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$5.49B$5.49B$5.28B$6.28B$4.35B
Net Income$126.6M$126.6M$-393.6M$588.9M$676.8M
EBITDA$282.5M$282.5M$-50.8M$1.02B$1.01B
EPS——-72.5999.52113.48
Gross Margin36.1%36.1%33.3%38.4%42.3%
Operating Margin2.8%2.8%-3.6%13.6%22.0%
Net Margin2.3%2.3%-7.5%9.4%15.6%
Balance Sheet
Debt/Equity0.540.540.990.840.24
Current Ratio2.022.02———
Cash Flow
Free Cash Flow$536.3M$536.3M$-732.1M$427.1M$756.9M
Returns
ROE5.6%5.6%-17.6%22.2%24.1%
Valuation
P/E43.1543.15—20.0149.08
EV/EBITDA16.0516.05—11.0031.51
P/B2.392.392.424.4411.84
Growth & Yield
Revenue Growth3.9%3.9%-16.0%44.4%—
EPS Growth——-172.9%-12.3%—

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 -26.4%

Total return

-26.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-72.59 → n/d

Residual

-26.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-26.4%

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.