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¥479.89Fair value¥1,080.48Bull¥1,402.50
FairClose
52-week traded range
52W low ¥724.0052W high ¥994.00
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading below the consensus fair value
CURVES HOLDINGS Co.,Ltd. closed at ¥867.00, 19.8% below the consensus fair value of ¥1,080.48 drawn from 9 valuation models.
Financial DNA score 66/100 — Strong. P/E of 18.6x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
¥1,306.84
+50.7%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥479.89
-44.6%
√(22.5 × EPS × BVPS)
EPS=46.75, BVPS=218.94 · outside Graham range (P/E 18.6, P/B 4) — asset-light, treat as a rough floor
P/E Fair Value
¥935.00
+7.8%
EPS × 20x (sector P/E)
EPS=46.75, Sector P/E=20x
Peter Lynch (PEG)
¥1,402.50
+61.8%
EPS × Growth% (PEG = 1 is fair)
EPS=46.75, g=30%
EV/EBITDA
¥1,344.83
+55.1%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=7.06B
Dividend Discount (DDM)
¥917.63
+5.8%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=16.99, r=10%, g=8%
Book Value (P/B)
¥864.81
-0.3%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=218.94, ROE=21.8%, g=6%, r=10%
Reverse DCF
¥867.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 6.1% | Historical: 39.7%
Margin of Safety
¥680.43
-21.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=907.24, 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.