HAMAMATSU PHOTONICS K.K.

6965 TSE Technology Electric Appliances
TSE Prime
¥2,193.00
-1.79%
Delayed · cached 15 min

Fair value analysis

6965
HAMAMATSU PHOTONICS K.K.
TechnologyElectric Appliances
¥2,193.00
Close used for this calculation
¥865.06Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
43/100
Profitability12/25
Returns1/25
Balance Sheet21/25
Efficiency9/25
Growth9/25
Average
Quality radar
43Prof.12/25Ret.1/25Eff.9/25B.Sht21/25Growth9/25

Consensus fair value

¥865.06
Above FV
▼ -60.6% against the close used
Model range ¥117.33 – ¥1,069.84
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¥117.33Fair value¥865.06Bull¥1,069.84
FairClose
52-week traded range
52W low ¥1,503.0052W high ¥2,973.50

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

Valuation summary

Trading above the consensus fair value

HAMAMATSU PHOTONICS K.K. closed at ¥2,193.00, 153.5% above the consensus fair value of ¥865.06 drawn from 9 valuation models.

Financial DNA score 43/100 — Average. P/E of 46.3x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥117.33
-94.6%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥1,069.84
-51.2%
√(22.5 × EPS × BVPS)
EPS=47.32, BVPS=1075 · outside Graham range (P/E 46.3, P/B 2) — asset-light, treat as a rough floor
P/E Fair Value
¥946.40
-56.8%
EPS × 20x (sector P/E)
EPS=47.32, Sector P/E=20x
Peter Lynch (PEG)
¥626.04
-71.5%
EPS × Growth% (PEG = 1 is fair)
EPS=47.32, g=13.2%
EV/EBITDA
¥954.48
-56.5%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=35.06B
Dividend Discount (DDM)
¥483.72
-77.9%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=37.94, r=10%, g=2%
Book Value (P/B)
¥215.00
-90.2%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=1075, ROE=4.4%, g=3%, r=10%
Reverse DCF
¥2,193.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 18.5% | Historical: -13.2%
Margin of Safety
¥533.39
-75.7%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=711.19, 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.