Voltage Incorporation

3639 TSE Technology Information & Communication
TSE Standard
¥233.00
+0.43%
Delayed · cached 15 min

Fair value analysis

3639
Voltage Incorporation
TechnologyInformation & Communication
¥233.00
Close used for this calculation
¥75.13Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
44/100
Profitability14/25
Returns0/25
Balance Sheet23/25
Efficiency7/25
Growth17/25
Average
Quality radar
44Prof.14/25Ret.0/25Eff.7/25B.Sht23/25Growth17/25

Consensus fair value

¥75.13
Above FV
▼ -67.8% against the close used
Model range ¥7.49 – ¥126.33
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¥7.49Fair value¥75.13Bull¥126.33
FairClose
52-week traded range
52W low ¥213.0052W high ¥317.00

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

Valuation summary

Trading above the consensus fair value

Voltage Incorporation closed at ¥233.00, 210.1% above the consensus fair value of ¥75.13 drawn from 9 valuation models.

Financial DNA score 44/100 — Average. P/E of 112.6x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥60.17
-74.2%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥126.33
-45.8%
√(22.5 × EPS × BVPS)
EPS=2.07, BVPS=342.65 · outside Graham range (P/E 112.6, P/B 0.7) — asset-light, treat as a rough floor
P/E Fair Value
¥41.40
-82.2%
EPS × 20x (sector P/E)
EPS=2.07, Sector P/E=20x
Peter Lynch (PEG)
¥62.10
-73.3%
EPS × Growth% (PEG = 1 is fair)
EPS=2.07, g=30%
EV/EBITDA
¥7.49
-96.8%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=14.58M
Dividend Discount (DDM)
¥101.90
-56.3%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=7.99, r=10%, g=2%
Book Value (P/B)
¥34.26
-85.3%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=342.65, ROE=1%, g=3%, r=10%
Reverse DCF
¥233.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 30.8% | Historical: -46.6%
Margin of Safety
¥56.98
-75.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=75.97, 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.