Business Engineering Corporation

4828 TSE Technology Information & Communication
TSE Prime
¥1,335.00
-2.98%
Delayed · cached 15 min

Fair value analysis

4828
Business Engineering Corporation
TechnologyInformation & Communication
¥1,335.00
Close used for this calculation
¥1,794.12Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
81/100
Profitability25/25
Returns15/25
Balance Sheet21/25
Efficiency20/25
Growth25/25
Exceptional
Quality radar
81Prof.25/25Ret.15/25Eff.20/25B.Sht21/25Growth25/25

Consensus fair value

¥1,794.12
Below FV
▲ +34.4% against the close used
Model range ¥704.45 – ¥5,615.81
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¥704.45Fair value¥1,794.12Bull¥5,615.81
FairClose
52-week traded range
52W low ¥955.0052W high ¥1,758.00

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

Valuation summary

Trading below the consensus fair value

Business Engineering Corporation closed at ¥1,335.00, 25.6% below the consensus fair value of ¥1,794.12 drawn from 9 valuation models.

Financial DNA score 81/100 — Exceptional. P/E of 16.3x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥1,951.54
+46.2%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥704.45
-47.2%
√(22.5 × EPS × BVPS)
EPS=81.78, BVPS=269.7 · outside Graham range (P/E 16.3, P/B 5) — asset-light, treat as a rough floor
P/E Fair Value
¥1,635.60
+22.5%
EPS × 20x (sector P/E)
EPS=81.78, Sector P/E=20x
Peter Lynch (PEG)
¥2,453.40
+83.8%
EPS × Growth% (PEG = 1 is fair)
EPS=81.78, g=30%
EV/EBITDA
¥2,208.92
+65.5%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=7.34B
Dividend Discount (DDM)
¥5,615.81
+320.7%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=104, r=10%, g=8%
Book Value (P/B)
¥1,833.94
+37.4%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=269.7, ROE=33.2%, g=6%, r=10%
Reverse DCF
¥1,335.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 4.4% | Historical: 31.3%
Margin of Safety
¥1,072.90
-19.6%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=1430.53, 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.