NICHIAS CORPORATION

5393 TSE Materials Glass and Ceramics Products
TSE Prime
¥3,292.00
-0.48%
Delayed · cached 15 min

Fair value analysis

5393
NICHIAS CORPORATION
MaterialsGlass and Ceramics Products
¥3,292.00
Close used for this calculation
¥2,898.63Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
66/100
Profitability15/25
Returns10/25
Balance Sheet23/25
Efficiency18/25
Growth8/25
Strong
Quality radar
66Prof.15/25Ret.10/25Eff.18/25B.Sht23/25Growth8/25

Consensus fair value

¥2,898.63
Near FV
▼ -11.9% against the close used
Model range ¥1,566.48 – ¥8,852.85
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¥1,566.48Fair value¥2,898.63Bull¥8,852.85
FairClose
52-week traded range
52W low ¥1,813.0052W high ¥4,063.00

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

Valuation summary

Trading above the consensus fair value

NICHIAS CORPORATION closed at ¥3,292.00, 13.6% above the consensus fair value of ¥2,898.63 drawn from 9 valuation models.

Financial DNA score 66/100 — Strong. P/E of 19.9x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥1,652.44
-49.8%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥2,167.79
-34.1%
√(22.5 × EPS × BVPS)
EPS=165.59, BVPS=1261.3 · outside Graham range (P/E 19.9, P/B 2.6) — asset-light, treat as a rough floor
P/E Fair Value
¥3,311.80
+0.6%
EPS × 20x (sector P/E)
EPS=165.59, Sector P/E=20x
Peter Lynch (PEG)
¥1,566.48
-52.4%
EPS × Growth% (PEG = 1 is fair)
EPS=165.59, g=9.5%
EV/EBITDA
¥3,366.88
+2.3%
(EBITDA × 14.7x − Net Debt) ÷ Shares
EBITDA=44.33B
Dividend Discount (DDM)
¥8,852.85
+168.9%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=163.94, r=10%, g=8%
Book Value (P/B)
¥2,491.07
-24.3%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=1261.3, ROE=13.9%, g=6%, r=10%
Reverse DCF
¥3,292.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 7.1% | Historical: 9.5%
Margin of Safety
¥1,783.01
-45.8%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=2377.34, 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.