ASJ INC.

2351 TSE Technology Information & Communication
TSE Standard
¥345.00
+4.55%
Delayed · cached 15 min

Fair value analysis

2351
ASJ INC.
TechnologyInformation & Communication
¥345.00
Close used for this calculation
¥267.77Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
32/100
Profitability4/25
Returns9/25
Balance Sheet15/25
Efficiency4/25
Growth0/25
Weak
Quality radar
32Prof.4/25Ret.9/25Eff.4/25B.Sht15/25Growth0/25

Consensus fair value

¥267.77
Above FV
▼ -22.4% against the close used
Model range ¥5.24 – ¥435.55
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¥5.24Fair value¥267.77Bull¥435.55
FairClose
52-week traded range
52W low ¥285.0052W high ¥455.00

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

Valuation summary

Trading above the consensus fair value

ASJ INC. closed at ¥345.00, 28.8% above the consensus fair value of ¥267.77 drawn from 7 valuation models.

Financial DNA score 32/100 — Weak. P/E of 30.6x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥211.23
-38.8%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥305.07
-11.6%
√(22.5 × EPS × BVPS)
EPS=11.27, BVPS=367.02 · outside Graham range (P/E 30.6, P/B 0.9) — asset-light, treat as a rough floor
P/E Fair Value
¥225.40
-34.7%
EPS × 20x (sector P/E)
EPS=11.27, Sector P/E=20x
EV/EBITDA
¥435.55
+26.2%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=405.96M
Book Value (P/B)
¥5.24
-98.5%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=367.02, ROE=3.1%, g=3%, r=10%
Reverse DCF
¥345.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 12.9% | Historical: 0%
Margin of Safety
¥185.42
-46.3%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=247.23, 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.