Choei Inc.

2993 TSE Real Estate Real Estate
TSE Standard
¥2,200.00
-0.54%
Delayed · cached 15 min

Fair value analysis

2993
Choei Inc.
Real EstateReal Estate
¥2,200.00
Close used for this calculation
¥3,783.48Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
57/100
Profitability12/25
Returns15/25
Balance Sheet5/25
Efficiency25/25
Growth19/25
Good
Quality radar
57Prof.12/25Ret.15/25Eff.25/25B.Sht5/25Growth19/25

Consensus fair value

¥3,783.48
Below FV
▲ +72.0% against the close used
Model range ¥1,593.24 – ¥4,536.40
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¥1,593.24Fair value¥3,783.48Bull¥4,536.40
FairClose
52-week traded range
52W low ¥2,031.0052W high ¥2,646.00

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

Valuation summary

Trading below the consensus fair value

Choei Inc. closed at ¥2,200.00, 41.9% below the consensus fair value of ¥3,783.48 drawn from 8 valuation models.

Financial DNA score 57/100 — Good. P/E of 9.7x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥4,251.18
+93.2%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥3,793.99
+72.5%
√(22.5 × EPS × BVPS)
EPS=226.82, BVPS=2820.51
P/E Fair Value
¥4,536.40
+106.2%
EPS × 20x (sector P/E)
EPS=226.82, Sector P/E=20x
Peter Lynch (PEG)
¥2,415.63
+9.8%
EPS × Growth% (PEG = 1 is fair)
EPS=226.82, g=10.7%
Dividend Discount (DDM)
¥1,593.24
-27.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=124.96, r=10%, g=2%
Book Value (P/B)
¥2,095.24
-4.8%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=2820.51, ROE=8.2%, g=3%, r=10%
Reverse DCF
¥2,200.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: -2.7% | Historical: -10.7%
Margin of Safety
¥3,145.39
+43.0%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=4193.86, 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.