PIA CORPORATION

4337 TSE Industrials Services
TSE Prime
¥2,591.00
-0.88%
Delayed · cached 15 min

Fair value analysis

4337
PIA CORPORATION
IndustrialsServices
¥2,591.00
Close used for this calculation
¥3,867.42Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
59/100
Profitability6/25
Returns25/25
Balance Sheet7/25
Efficiency21/25
Growth11/25
Good
Quality radar
59Prof.6/25Ret.25/25Eff.21/25B.Sht7/25Growth11/25

Consensus fair value

¥3,867.42
Below FV
▲ +49.3% against the close used
Model range ¥445.98 – ¥15,745.70
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¥445.98Fair value¥3,867.42Bull¥15,745.70
FairClose
52-week traded range
52W low ¥2,323.0052W high ¥3,655.00

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

Valuation summary

Trading below the consensus fair value

PIA CORPORATION closed at ¥2,591.00, 33.0% below the consensus fair value of ¥3,867.42 drawn from 8 valuation models.

Financial DNA score 59/100 — Good. P/E of 12.0x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥15,745.70
+507.7%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥1,846.39
-28.7%
√(22.5 × EPS × BVPS)
EPS=216.37, BVPS=700.27 · outside Graham range (P/E 12, P/B 3.7) — asset-light, treat as a rough floor
P/E Fair Value
¥4,327.40
+67.0%
EPS × 20x (sector P/E)
EPS=216.37, Sector P/E=20x
EV/EBITDA
¥3,577.31
+38.1%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=6.96B
Dividend Discount (DDM)
¥445.98
-82.8%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=34.98, r=10%, g=2%
Book Value (P/B)
¥3,391.31
+30.9%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=700.27, ROE=36.9%, g=3%, r=10%
Reverse DCF
¥2,591.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 0.2% | Historical: 0%
Margin of Safety
¥5,479.87
+111.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=7306.5, 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.