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¥2,269.91Fair value¥4,809.06Bull¥9,714.17
FairClose
52-week traded range
52W low ¥2,325.0052W high ¥4,540.00
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading below the consensus fair value
NORITAKE CO.,LIMITED closed at ¥3,420.00, 28.9% below the consensus fair value of ¥4,809.06 drawn from 9 valuation models.
Financial DNA score 61/100 — Good. P/E of 13.4x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
¥5,054.35
+47.8%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥4,164.17
+21.8%
√(22.5 × EPS × BVPS)
EPS=254.64, BVPS=3026.55
P/E Fair Value
¥5,092.80
+48.9%
EPS × 20x (sector P/E)
EPS=254.64, Sector P/E=20x
Peter Lynch (PEG)
¥3,009.84
-12.0%
EPS × Growth% (PEG = 1 is fair)
EPS=254.64, g=11.8%
EV/EBITDA
¥4,543.14
+32.8%
(EBITDA × 15.9x − Net Debt) ÷ Shares
EBITDA=16.73B
Dividend Discount (DDM)
¥9,714.17
+184.0%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=179.89, r=10%, g=8%
Book Value (P/B)
¥2,269.91
-33.6%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=3026.55, ROE=9%, g=6%, r=10%
Reverse DCF
¥3,420.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 1.8% | Historical: 11.8%
Margin of Safety
¥3,577.83
+4.6%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=4770.44, 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.