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¥4,005.74Fair value¥6,148.54Bull¥8,920.87
FairClose
52-week traded range
52W low ¥2,960.0052W high ¥4,400.00
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading below the consensus fair value
Starts Publishing Corporation closed at ¥3,000.00, 51.2% below the consensus fair value of ¥6,148.54 drawn from 9 valuation models.
Financial DNA score 87/100 — Exceptional. P/E of 8.4x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
¥4,092.05
+36.4%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥4,756.92
+58.6%
√(22.5 × EPS × BVPS)
EPS=358.7, BVPS=2803.74
P/E Fair Value
¥7,174.00
+139.1%
EPS × 20x (sector P/E)
EPS=358.7, Sector P/E=20x
Peter Lynch (PEG)
¥8,920.87
+197.4%
EPS × Growth% (PEG = 1 is fair)
EPS=358.7, g=24.9%
EV/EBITDA
¥8,560.19
+185.3%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=1.83B
Dividend Discount (DDM)
¥6,480.00
+116.0%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=120, r=10%, g=8%
Book Value (P/B)
¥5,186.92
+72.9%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=2803.74, ROE=13.4%, g=6%, r=10%
Reverse DCF
¥3,000.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: -4.8% | Historical: 24.9%
Margin of Safety
¥4,005.74
+33.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=5340.99, 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.