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9928.T$1726.00+0.00%
Fair $1726.00+0.0%

9928.T

Miroku Jyoho Service Co., Ltd.

Technology / Software - ApplicationTokyo

$1726.00

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $1726.00Fund rank 35/100 · Data gapFallback financials|
SA 47/C
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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $2.2B · quality 72.3/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 70/100Data 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

47/100

C

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. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · 9928.TLocal privado en este navegador · Miroku Jyoho Service 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

$51.7B

P/E

9.8x

↓

EV/EBITDA

4.9x

↓

ROE

15.0%

↑

Gross Margin

60.4%

↑

Debt/Equity

0.22

↑
52-Week Range$1726
$1655$2045

TradingView lightweight chart

9928.T price, volumen y niveles de valoración

Último $1,726Periodo +311.0%
Fair value: $1,726

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

-22.1%

FCF margin

3.6%

FCF / Net income

0.37x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $46.16B · net income $4.38B · FCF $1.64B

2022-FY → 2025-FY

Gross margin

60.4%-1.4% pts

Operating margin

13.6%+0.5% pts

Net margin

9.5%-2.9% pts

FCF margin

3.6%-5.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$46.16B$46.16B$43.97B$41.46B$36.60B
Net Income$4.38B$4.38B$4.24B$3.77B$4.52B
EBITDA$8.78B$8.78B$8.76B$9.21B$9.13B
EPS142.42142.42137.85109.33130.13
Gross Margin60.4%60.4%60.9%61.8%61.8%
Operating Margin13.6%13.6%13.9%14.7%13.1%
Net Margin9.5%9.5%9.6%9.1%12.3%
Balance Sheet
Debt/Equity0.220.220.350.500.57
Current Ratio1.671.67———
Cash Flow
Free Cash Flow$1.64B$1.64B$2.19B$3.94B$3.46B
Returns
ROE15.0%15.0%15.9%15.5%20.4%
Valuation
P/E9.829.8212.1714.6810.50
EV/EBITDA4.864.864.795.164.67
P/B1.811.811.932.282.14
Growth & Yield
Revenue Growth5.0%5.0%6.1%13.3%—
EPS Growth3.3%3.3%26.1%-16.0%—
Dividend Yield7.5%7.5%———

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

2.5%

fácil

EPS terminal req.

$153.15

Spread vs growth

0.9%

5Y implied EPS CAGR

5.4%

razonable

EPS terminal req.

$185.32

Spread vs growth

-2.1%

10Y implied EPS CAGR

7.7%

razonable

EPS terminal req.

$298.45

Spread vs growth

-4.4%

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 +4.0%

Total return

+4.0%

Start / end P/E

13.0x → 12.1x

EPS bridge

137.85 → 142.42

Residual

-0.2%

EPS growth+3.3%
Multiple rerating-6.6%
Dividend+7.5%
Residual / FX / buybacks / cross-term-0.2%

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.