Okayama Paper Industries Co.,Ltd.

3892 TSE Materials Pulp and Paper
TSE Standard
¥1,548.00
-1.65%
Delayed · cached 15 min

Fair value analysis

3892
Okayama Paper Industries Co.,Ltd.
MaterialsPulp and Paper
¥1,548.00
Close used for this calculation
¥3,009.92Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
74/100
Profitability13/25
Returns13/25
Balance Sheet23/25
Efficiency25/25
Growth16/25
Strong
Quality radar
74Prof.13/25Ret.13/25Eff.25/25B.Sht23/25Growth16/25

Consensus fair value

¥3,009.92
Below FV
▲ +94.4% against the close used
Model range ¥75.51 – ¥3,540.00
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¥75.51Fair value¥3,009.92Bull¥3,540.00
FairClose
52-week traded range
52W low ¥1,521.0052W high ¥1,995.00

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

Valuation summary

Trading below the consensus fair value

Okayama Paper Industries Co.,Ltd. closed at ¥1,548.00, 48.6% below the consensus fair value of ¥3,009.92 drawn from 9 valuation models.

Financial DNA score 74/100 — Strong. P/E of 8.8x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥3,152.54
+103.7%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=5.9%, r=10%, tg=3%, n=10yr
Graham Number
¥3,511.38
+126.8%
√(22.5 × EPS × BVPS)
EPS=177, BVPS=3096
P/E Fair Value
¥3,540.00
+128.7%
EPS × 20x (sector P/E)
EPS=177, Sector P/E=20x
Peter Lynch (PEG)
¥1,044.30
-32.5%
EPS × Growth% (PEG = 1 is fair)
EPS=177, g=5.9%
EV/EBITDA
¥3,496.22
+125.9%
(EBITDA × 13x − Net Debt) ÷ Shares
EBITDA=1.25B
Dividend Discount (DDM)
¥1,291.47
-16.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=50, r=10%, g=5.9%
Book Value (P/B)
¥75.51
-95.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=3096, ROE=6%, g=5.9%, r=10%
Reverse DCF
¥1,548.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: -4.2% | Historical: 5.9%
Margin of Safety
¥2,550.98
+64.8%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=3401.31, 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.