KH Neochem Co.,Ltd.

4189 TSE Chemicals Chemicals
TSE Prime
¥3,185.00
+0.31%
Delayed · cached 15 min

Fair value analysis

4189
KH Neochem Co.,Ltd.
ChemicalsChemicals
¥3,185.00
Close used for this calculation
¥3,960.67Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
62/100
Profitability12/25
Returns16/25
Balance Sheet14/25
Efficiency20/25
Growth19/25
Good
Quality radar
62Prof.12/25Ret.16/25Eff.20/25B.Sht14/25Growth19/25

Consensus fair value

¥3,960.67
Below FV
▲ +24.4% against the close used
Model range ¥1,340.09 – ¥4,786.47
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¥1,340.09Fair value¥3,960.67Bull¥4,786.47
FairClose
52-week traded range
52W low ¥2,321.0052W high ¥3,525.00

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

Valuation summary

Trading below the consensus fair value

KH Neochem Co.,Ltd. closed at ¥3,185.00, 19.6% below the consensus fair value of ¥3,960.67 drawn from 9 valuation models.

Financial DNA score 62/100 — Good. P/E of 14.6x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥4,786.47
+50.3%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥3,125.82
-1.9%
√(22.5 × EPS × BVPS)
EPS=218.15, BVPS=1990.63 · outside Graham range (P/E 14.6, P/B 1.6) — asset-light, treat as a rough floor
P/E Fair Value
¥4,363.00
+37.0%
EPS × 20x (sector P/E)
EPS=218.15, Sector P/E=20x
Peter Lynch (PEG)
¥2,862.13
-10.1%
EPS × Growth% (PEG = 1 is fair)
EPS=218.15, g=13.1%
EV/EBITDA
¥4,462.02
+40.1%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=17.45B
Dividend Discount (DDM)
¥1,340.09
-57.9%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=105.11, r=10%, g=2%
Book Value (P/B)
¥2,343.25
-26.4%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=1990.63, ROE=11.2%, g=3%, r=10%
Reverse DCF
¥3,185.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 2.9% | Historical: -13.1%
Margin of Safety
¥3,068.82
-3.6%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=4091.76, 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.