SANTEN PHARMACEUTICAL CO.,LTD.

4536 TSE Pharmaceuticals Pharmaceutical
TSE Prime
¥1,725.00
-1.15%
Delayed · cached 15 min

Fair value analysis

4536
SANTEN PHARMACEUTICAL CO.,LTD.
PharmaceuticalsPharmaceutical
¥1,725.00
Close used for this calculation
¥1,949.85Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
63/100
Profitability15/25
Returns13/25
Balance Sheet21/25
Efficiency14/25
Growth11/25
Good
Quality radar
63Prof.15/25Ret.13/25Eff.14/25B.Sht21/25Growth11/25

Consensus fair value

¥1,949.85
Near FV
▲ +13.0% against the close used
Model range ¥671.05 – ¥2,694.49
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¥671.05Fair value¥1,949.85Bull¥2,694.49
FairClose
52-week traded range
52W low ¥1,467.5052W high ¥2,236.00

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

Valuation summary

Trading below the consensus fair value

SANTEN PHARMACEUTICAL CO.,LTD. closed at ¥1,725.00, 11.5% below the consensus fair value of ¥1,949.85 drawn from 9 valuation models.

Financial DNA score 63/100 — Good. P/E of 15.1x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥2,126.92
+23.3%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8.3%, r=10%, tg=3%, n=10yr
Graham Number
¥1,006.41
-41.7%
√(22.5 × EPS × BVPS)
EPS=114.04, BVPS=394.74 · outside Graham range (P/E 15.1, P/B 4.4) — asset-light, treat as a rough floor
P/E Fair Value
¥2,280.80
+32.2%
EPS × 20x (sector P/E)
EPS=114.04, Sector P/E=20x
Peter Lynch (PEG)
¥940.83
-45.5%
EPS × Growth% (PEG = 1 is fair)
EPS=114.04, g=8.3%
EV/EBITDA
¥2,694.49
+56.2%
(EBITDA × 14.1x − Net Debt) ÷ Shares
EBITDA=66.16B
Dividend Discount (DDM)
¥2,049.30
+18.8%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=37.95, r=10%, g=8%
Book Value (P/B)
¥671.05
-61.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=394.74, ROE=12.8%, g=6%, r=10%
Reverse DCF
¥1,725.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 3.4% | Historical: 8.3%
Margin of Safety
¥1,353.53
-21.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=1804.71, 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.