NOF CORPORATION

4403 TSE Chemicals Chemicals
TSE Prime
¥2,599.00
-0.80%
Delayed · cached 15 min

Fair value analysis

4403
NOF CORPORATION
ChemicalsChemicals
¥2,599.00
Close used for this calculation
¥3,368.70Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
69/100
Profitability19/25
Returns14/25
Balance Sheet18/25
Efficiency18/25
Growth17/25
Strong
Quality radar
69Prof.19/25Ret.14/25Eff.18/25B.Sht18/25Growth17/25

Consensus fair value

¥3,368.70
Below FV
▲ +29.6% against the close used
Model range ¥1,943.27 – ¥4,675.13
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¥1,943.27Fair value¥3,368.70Bull¥4,675.13
FairClose
52-week traded range
52W low ¥2,535.5052W high ¥3,334.00

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

Valuation summary

Trading below the consensus fair value

NOF CORPORATION closed at ¥2,599.00, 22.8% below the consensus fair value of ¥3,368.70 drawn from 9 valuation models.

Financial DNA score 69/100 — Strong. P/E of 14.7x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥3,500.18
+34.7%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥2,276.37
-12.4%
√(22.5 × EPS × BVPS)
EPS=176.34, BVPS=1306.03 · outside Graham range (P/E 14.7, P/B 2) — asset-light, treat as a rough floor
P/E Fair Value
¥3,526.80
+35.7%
EPS × 20x (sector P/E)
EPS=176.34, Sector P/E=20x
Peter Lynch (PEG)
¥1,943.27
-25.2%
EPS × Growth% (PEG = 1 is fair)
EPS=176.34, g=11%
EV/EBITDA
¥4,675.13
+79.9%
(EBITDA × 15.5x − Net Debt) ÷ Shares
EBITDA=69.53B
Dividend Discount (DDM)
¥3,298.13
+26.9%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=61.08, r=10%, g=8%
Book Value (P/B)
¥2,654.51
+2.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=1306.03, ROE=14.1%, g=6%, r=10%
Reverse DCF
¥2,599.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 3% | Historical: 11%
Margin of Safety
¥2,325.84
-10.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=3101.12, 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.