NEOJAPAN Inc.

3921 TSE Technology Information & Communication
TSE Prime
¥1,576.00
-0.19%
Delayed · cached 15 min

Fair value analysis

3921
NEOJAPAN Inc.
TechnologyInformation & Communication
¥1,576.00
Close used for this calculation
¥2,745.20Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
92/100
Profitability25/25
Returns21/25
Balance Sheet21/25
Efficiency25/25
Growth25/25
Exceptional
Quality radar
92Prof.25/25Ret.21/25Eff.25/25B.Sht21/25Growth25/25

Consensus fair value

¥2,745.20
Below FV
▲ +74.2% against the close used
Model range ¥1,244.00 – ¥3,634.97
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¥1,244.00Fair value¥2,745.20Bull¥3,634.97
FairClose
52-week traded range
52W low ¥1,451.0052W high ¥2,057.00

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

Valuation summary

Trading below the consensus fair value

NEOJAPAN Inc. closed at ¥1,576.00, 42.6% below the consensus fair value of ¥2,745.20 drawn from 9 valuation models.

Financial DNA score 92/100 — Exceptional. P/E of 12.2x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥2,994.02
+90.0%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥1,244.00
-21.1%
√(22.5 × EPS × BVPS)
EPS=129.18, BVPS=532.43 · outside Graham range (P/E 12.2, P/B 3) — asset-light, treat as a rough floor
P/E Fair Value
¥2,583.60
+63.9%
EPS × 20x (sector P/E)
EPS=129.18, Sector P/E=20x
Peter Lynch (PEG)
¥2,612.02
+65.7%
EPS × Growth% (PEG = 1 is fair)
EPS=129.18, g=20.2%
EV/EBITDA
¥3,634.97
+130.6%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=2.83B
Dividend Discount (DDM)
¥2,808.43
+78.2%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=52.01, r=10%, g=8%
Book Value (P/B)
¥2,702.09
+71.5%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=532.43, ROE=26.3%, g=6%, r=10%
Reverse DCF
¥1,576.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 0.4% | Historical: 20.2%
Margin of Safety
¥1,705.41
+8.2%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=2273.87, 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.