ARDEPRO Co., Ltd. (8925.T)

ARDEPRO Co., Ltd. (8925.T) — VMCI valuation read

8925.T screens at VMCI 56/100, a 6-point gap above the Real Estate sector median (50). For a mid-cap ARDEPRO Co., Ltd. share, that placement says the multi-pillar composite is cheaper or higher quality than the typical peer on a like-for-like basis.

8925.T has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: 8925.T trades at 20.0x earnings, 11% above the Real Estate median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Real Estate group. Quality: ROIC of 8.0% trails the Real Estate median (10.0%) by 2.0pp, the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of 3.1x is the binding constraint on the bear case, which sets the rate-cycle exposure for ARDEPRO Co., Ltd..

8925.T held flat 0.0% over the trailing 7 days, with a +3.8% read on a 30-day basis.