BASE CO.,LTD.

4481 TSE Technology Information & Communication
TSE Prime
¥3,175.00
-0.63%
Delayed · cached 15 min

Fair value analysis

4481
BASE CO.,LTD.
TechnologyInformation & Communication
¥3,175.00
Close used for this calculation
¥4,648.43Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
80/100
Profitability21/25
Returns16/25
Balance Sheet23/25
Efficiency20/25
Growth22/25
Exceptional
Quality radar
80Prof.21/25Ret.16/25Eff.20/25B.Sht23/25Growth22/25

Consensus fair value

¥4,648.43
Below FV
▲ +46.4% against the close used
Model range ¥2,013.65 – ¥6,326.51
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¥2,013.65Fair value¥4,648.43Bull¥6,326.51
FairClose
52-week traded range
52W low ¥2,839.0052W high ¥3,670.00

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

Valuation summary

Trading below the consensus fair value

BASE CO.,LTD. closed at ¥3,175.00, 31.7% below the consensus fair value of ¥4,648.43 drawn from 9 valuation models.

Financial DNA score 80/100 — Exceptional. P/E of 13.9x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥4,811.00
+51.5%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥2,013.65
-36.6%
√(22.5 × EPS × BVPS)
EPS=229.31, BVPS=785.89 · outside Graham range (P/E 13.9, P/B 4) — asset-light, treat as a rough floor
P/E Fair Value
¥4,586.20
+44.4%
EPS × 20x (sector P/E)
EPS=229.31, Sector P/E=20x
Peter Lynch (PEG)
¥4,290.39
+35.1%
EPS × Growth% (PEG = 1 is fair)
EPS=229.31, g=18.7%
EV/EBITDA
¥5,637.82
+77.6%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=5.77B
Dividend Discount (DDM)
¥6,326.51
+99.3%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=117.16, r=10%, g=8%
Book Value (P/B)
¥4,852.88
+52.8%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=785.89, ROE=30.7%, g=6%, r=10%
Reverse DCF
¥3,175.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 2.2% | Historical: 18.7%
Margin of Safety
¥2,852.71
-10.2%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=3803.62, 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.