fonfun corporation

2323 TSE Technology Information & Communication
TSE Standard
¥332.00
+1.22%
Delayed · cached 15 min

Fair value analysis

2323
fonfun corporation
TechnologyInformation & Communication
¥332.00
Close used for this calculation
¥290.03Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
46/100
Profitability12/25
Returns13/25
Balance Sheet10/25
Efficiency11/25
Growth0/25
Average
Quality radar
46Prof.12/25Ret.13/25Eff.11/25B.Sht10/25Growth0/25

Consensus fair value

¥290.03
Near FV
▼ -12.6% against the close used
Model range ¥67.58 – ¥404.40
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear¥67.58Fair value¥290.03Bull¥404.40
FairClose
52-week traded range
52W low ¥227.6752W high ¥454.00

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

fonfun corporation closed at ¥332.00, 14.5% above the consensus fair value of ¥290.03 drawn from 7 valuation models.

Financial DNA score 46/100 — Average. P/E of 16.4x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥378.97
+14.1%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥170.10
-48.8%
√(22.5 × EPS × BVPS)
EPS=20.22, BVPS=63.6 · outside Graham range (P/E 16.4, P/B 5.2) — asset-light, treat as a rough floor
P/E Fair Value
¥404.40
+21.8%
EPS × 20x (sector P/E)
EPS=20.22, Sector P/E=20x
EV/EBITDA
¥67.58
-79.6%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=244.55M
Book Value (P/B)
¥261.67
-21.2%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=63.6, ROE=31.8%, g=3%, r=10%
Reverse DCF
¥332.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 4.5% | Historical: 0%
Margin of Safety
¥238.37
-28.2%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=317.82, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.