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¥1,415.83Fair value¥2,305.24Bull¥3,633.65
FairClose
52-week traded range
52W low ¥1,434.0052W high ¥2,451.00
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading close to the consensus fair value
Future Corporation closed at ¥2,420.00, 5.0% above the consensus fair value of ¥2,305.24 drawn from 9 valuation models.
Financial DNA score 68/100 — Strong. P/E of 18.3x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
¥1,570.84
-35.1%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥1,450.29
-40.1%
√(22.5 × EPS × BVPS)
EPS=132.11, BVPS=707.6 · outside Graham range (P/E 18.3, P/B 3.4) — asset-light, treat as a rough floor
P/E Fair Value
¥2,642.20
+9.2%
EPS × 20x (sector P/E)
EPS=132.11, Sector P/E=20x
Peter Lynch (PEG)
¥2,173.21
-10.2%
EPS × Growth% (PEG = 1 is fair)
EPS=132.11, g=16.5%
EV/EBITDA
¥3,633.65
+50.2%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=18.57B
Dividend Discount (DDM)
¥2,482.92
+2.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=45.98, r=10%, g=8%
Book Value (P/B)
¥2,441.23
+0.9%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=707.6, ROE=19.8%, g=6%, r=10%
Reverse DCF
¥2,420.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 6% | Historical: 16.5%
Margin of Safety
¥1,415.83
-41.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=1887.78, 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.