WATCH MIRAIT ONE Corporation (1417.T)
Industrials · Engineering & Construction · JPX · Japan
48
Final Score
-121.8%
Margin of Safety
53
Quality Score
¥3,696
Current Price
¥321.9B
Market Cap
Key Metrics
Pe Ratio
14.12
Forward Pe
16.99
Pb Ratio
1.18
Ev Ebitda
7.09
Roe
10.0%
Gross Margin
15.7%
Operating Margin
2.2%
Net Margin
4.3%
Dividend Yield
276.0%
Debt To Equity
31.62
Current Ratio
2.46
Beta
0.40
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
¥1,333
Base
¥1,667
High
¥2,000
⚠️ Value Trap Flags
- 🚩 {'flag': 'DEBT_OUTPACING_INCOME', 'severity': 'MED', 'evidence': 'Net debt growth (213.8%) outpacing operating income growth (57.2%)'}
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
14.12
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
3.00
Fcf Lookback
4.00
Debt To Equity
0.32
Current Ratio
2.46
Dilution Cagr
-0.03
Stage B — Quality Score: 53/100
Stage C — Cyclicality: MED
Normalized EPS
¥183.92
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 3.0 |
| Earnings Quality | 13.2 |
| Balance Sheet | 18.0 |
| Stability | 8.2 |
| Moat Proxies | 5.3 |
Top Drivers
- Reasonable P/E of 14.1x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Fortress balance sheet: D/E of 0.32x (conservative) and current ratio of 2.46x — ample liquidity and low financial risk. Graham emphasis on capital preservation.
Top Risks
- ⚠️ [MED] Leverage risk: Net debt growth (213.8%) outpacing operating income growth (57.2%). Growing debt with stagnant income can lead to financial distress.
- Moderate cyclicality (Cyclical sector: Industrials) — earnings may fluctuate.
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2022 | N/A | N/A | N/A | N/A | ¥N/A |
| 2023 | ¥484.0B | ¥60.5B | ¥21.8B | ¥14.8B | ¥151.20 |
| 2024 | ¥518.4B | ¥61.8B | ¥17.8B | ¥12.5B | ¥133.34 |
| 2025 | ¥578.6B | ¥84.9B | ¥28.0B | ¥17.2B | ¥189.40 |
| 2026 | ¥602.4B | ¥93.0B | ¥34.3B | ¥23.3B | ¥261.74 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2022 | N/A | N/A | N/A |
| 2023 | ¥5.3B | ¥-7.8B | ¥-2.5B |
| 2024 | ¥33.6B | ¥-8.5B | ¥25.1B |
| 2025 | ¥18.0B | ¥-7.8B | ¥10.3B |
| 2026 | ¥24.1B | ¥-11.1B | ¥13.0B |