T&S inc. (4055.T)

T&S inc. (4055.T) — VMCI valuation read

T&S inc. sits at VMCI 58/100, with the Technology sector median at 50. That 8-point spread is the first thing to note on 4055.T: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on 4055.T are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on 4055.T: 4055.T trades at 20.0x earnings, 11% above the Technology median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Technology median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of -1.1x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

4055.T rose 2.0% over the trailing 7 days, with a -0.4% read on a 30-day basis.