¥238.99
Near FV▲ +10.6% against the close used
Model range ¥63.62 – ¥374.21
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.
Bear¥63.62Fair value¥238.99Bull¥374.21
FairClose
52-week traded range
52W low ¥198.0052W high ¥240.00
The 52-week range is measured from the stored price history, not estimated.
Trading close to the consensus fair value
STUDIO ATAO Co.,Ltd. closed at ¥216.00, 9.6% below the consensus fair value of ¥238.99 drawn from 8 valuation models.
Financial DNA score 50/100 — Good. P/E of 19.7x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
DCF Valuation
¥374.21
+73.2%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥214.09
-0.9%
√(22.5 × EPS × BVPS)
EPS=10.94, BVPS=186.21 · outside Graham range (P/E 19.7, P/B 1.2) — asset-light, treat as a rough floor
P/E Fair Value
¥218.80
+1.3%
EPS × 20x (sector P/E)
EPS=10.94, Sector P/E=20x
EV/EBITDA
¥209.58
-3.0%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=290.32M
Dividend Discount (DDM)
¥63.62
-70.5%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=4.99, r=10%, g=2%
Book Value (P/B)
¥79.80
-63.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=186.21, ROE=6%, g=3%, r=10%
Reverse DCF
¥216.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 7% | Historical: 0%
Margin of Safety
¥201.77
-6.6%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=269.03, 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.