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9635.T$2507.00-1.26%
Fair $2507.00+0.0%

9635.T

Musashino Kogyo Co., Ltd.

Real Estate / Real Estate ServicesTokyo

$2507.00

-32.00 (-1.26%)

Fairly Valued+0.0%Fair Value $2507.00Fund rank 33/100 · Data gapFallback financials|
SA 54/C
F-Score: 8/9
Low Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 5.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 47/100Data 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

54/100

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 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. ROE is 1.8%, below the 5% threshold
Thesis & Journal · 9635.TLocal privado en este navegador · Musashino Kogyo 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

$2.6B

P/E

7.3x

↓

EV/EBITDA

13.4x

↑

ROE

1.8%

↓

Gross Margin

49.9%

↑

Debt/Equity

0.09

↓
52-Week Range$2507
$2085$2783

TradingView lightweight chart

9635.T price, volumen y niveles de valoración

Último $2,507Periodo -43.0%
Fair value: $2,507

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

+1.9%

FCF CAGR

+111.2%

FCF margin

9.3%

FCF / Net income

1.95x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.36B · net income $65.0M · FCF $126.9M

2022-FY → 2025-FY

Gross margin

49.9%-3.4% pts

Operating margin

5.1%-1.1% pts

Net margin

4.8%+0.9% pts

FCF margin

9.3%+8.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.36B$1.36B$1.28B$1.38B$1.29B
Net Income$65.0M$65.0M$4.7M$40.6M$50.0M
EBITDA$154.8M$154.8M$87.2M$103.4M$143.8M
EPS62.0962.094.4638.7847.79
Gross Margin49.9%49.9%49.4%53.2%53.3%
Operating Margin5.1%5.1%1.6%3.8%6.2%
Net Margin4.8%4.8%0.4%2.9%3.9%
Balance Sheet
Debt/Equity0.090.090.100.100.12
Current Ratio3.683.68———
Cash Flow
Free Cash Flow$126.9M$126.9M$16.8M$49.0M$13.5M
Returns
ROE1.8%1.8%0.1%1.1%1.4%
Valuation
P/E7.287.28460.0951.0844.51
EV/EBITDA13.4313.4319.8916.2113.05
P/B0.730.730.600.580.63
Growth & Yield
Revenue Growth6.4%6.4%-7.0%6.9%—
EPS Growth1292.2%1292.2%-88.5%-18.9%—

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

53.0%

muy exigente

EPS terminal req.

$222.45

Spread vs growth

1239.1%

5Y implied EPS CAGR

34.1%

muy exigente

EPS terminal req.

$269.17

Spread vs growth

1258.1%

10Y implied EPS CAGR

21.4%

exigente

EPS terminal req.

$433.50

Spread vs growth

1270.7%

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 +18.4%

Total return

+18.4%

Start / end P/E

474.9x → 40.4x

EPS bridge

4.46 → 62.09

Residual

-1182.3%

EPS growth+1292.2%
Multiple rerating-91.5%
Dividend+0.0%
Residual / FX / buybacks / cross-term-1182.3%

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.