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¥10,807.23Fair value¥16,918.17Bull¥25,910.24
FairClose
52-week traded range
52W low ¥12,050.0052W high ¥28,880.00
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading above the consensus fair value
HORIBA,Ltd. closed at ¥21,490.00, 27.0% above the consensus fair value of ¥16,918.17 drawn from 9 valuation models.
Financial DNA score 59/100 — Good. P/E of 24.3x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
¥13,762.62
-36.0%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥12,842.89
-40.2%
√(22.5 × EPS × BVPS)
EPS=883.5, BVPS=8297.3 · outside Graham range (P/E 24.3, P/B 2.6) — asset-light, treat as a rough floor
P/E Fair Value
¥17,670.00
-17.8%
EPS × 20x (sector P/E)
EPS=883.5, Sector P/E=20x
Peter Lynch (PEG)
¥13,128.81
-38.9%
EPS × Growth% (PEG = 1 is fair)
EPS=883.5, g=14.9%
EV/EBITDA
¥25,910.24
+20.6%
(EBITDA × 17.4x − Net Debt) ÷ Shares
EBITDA=66.22B
Dividend Discount (DDM)
¥24,253.61
+12.9%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=449.14, r=10%, g=8%
Book Value (P/B)
¥10,807.23
-49.7%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=8297.3, ROE=11.2%, g=6%, r=10%
Reverse DCF
¥21,490.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 9.8% | Historical: 14.9%
Margin of Safety
¥11,068.88
-48.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=14758.5, 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.