{"F": {"ts_code": "US.MRM", "name": "MEDIROM Healthcare Technologies", "mkt": "US", "ccy": "美元", "sw1": "个性化服务", "sw2": "个性化服务", "sw3": "", "ind": "个性化服务", "fin_source": "futu", "market": "NASDAQ", "list_date": "20201229", "is_fin": false, "roles": {"fin": false, "commodity": false, "precious": false, "regulated": false, "hard": false, "growth": false}, "province": null, "main_business": "", "introduction": "", "close": 0.92, "pe_ttm": 2.402, "pb": 4.67, "dv_ttm": 0.0, "total_mv": 726.9794919999999, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [27.1], "rev_series": [0.5], "np_series": [0.0], "roe_series": [26.0], "rev_ttm": 0.5, "np_ttm": -0.0, "ocf_ttm": -0.1, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": -83.5, "gm_median": 27.1, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": 1.7, "roe_median": 26.0, "commodity": false, "hard_ratio": 19.2, "fix_assets": 0.1, "hard_note": "PP&E 毛额 × 0.5 近似净额", "goodwill_ratio": null, "pb_calc": null, "capex_dep": null, "interest_debt": null, "debt_ebitda": null, "ebitda": 0.0, "debt_ratio": 85.3, "debt_mv": null, "payout": 0.0, "div_years": 0, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": 9.3, "np_yoy": 8.0, "np_vol": null, "loss_years": 1, "far_share": 0.0, "earn_yield": 41.6, "consensus_n": 0, "fwd_pe": null, "fwd_pe2": null, "fwd_g1": null, "fwd_g2": null, "peg": null, "consensus_disp": null, "mainbz": [], "ret_prev_year": null, "ret_prev2_year": null, "ret_pivot": null, "prev_year": "", "prev2_year": "", "ret_ytd": -52.6, "ret_20": -4.2, "ret_60": -20.7, "ret_120": -27.6, "ret_250": -52.6, "mdd_250": null, "vol_250": null, "pos_52w": 20.7, "eps": 0.183}, "S": {"duration": 6, "pricing": 46, "hard": 31, "bondness": 13}, "label": "中性", "tags": [], "text": {"像什么": ["PE 2.4 倍、股息率 0.0%、毛利率最新年报 27.1%、固定资产占比 19%、资产负债率 85%:四轴都不突出。"], "为什么(不)算钱的替代品": "两条都不占:固定资产占比 19%,毛利率最新年报 27.1%。", "加息期怎么走": "按行业与估值常规看,没有明确的利率方向性。", "四问": [["当前 FCF 能覆盖多少市值?", "经营现金流/市值 -83.5%(futu 无资本开支,FCF 按经营现金流 × 0.7 近似)。极低或为负。"], ["能否每年提价而不掉量?", "毛利率最新年报 27.1%。取决于竞争。"], ["资产重置成本随通胀涨吗?", "固定资产占总资产 19%。有一些。"], ["估值里多少来自 5 年后的故事?", "按 PE 2.4 倍 粗算,约 0%(1 − 5/PE)。中等。"]], "价格行为": "近一年 -53%,现价在 52 周高点的 21%;近 20 / 60 / 120 日 -4% / -21% / -28%。", "行业对照": ["同富途行业「个性化服务」13 家中位:PE 15.0 / 股息率 0.0% / 毛利率 29.0% / 固定资产占比 19% / 分红率 0%。", "MEDIROM Healthcare Technologies:PE 比行业中位低 12.6倍;股息率 与行业中位持平;毛利率 比行业中位低 1.9个百分点;固定资产占比 与行业中位持平。"]}}