Daiwa Securities Group Inc.

8601 TSE Financials Securities and Commodities Futures
TSE Prime
¥1,842.00
+0.27%
Delayed · cached 15 min

Fair value analysis

8601
Daiwa Securities Group Inc.
FinancialsSecurities and Commodities Futures
¥1,842.00
Close used for this calculation
¥3,295.96Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
57/100
Profitability17/25
Returns9/25
Balance Sheet11/25
Efficiency20/25
Growth22/25
Good
Quality radar
57Prof.17/25Ret.9/25Eff.20/25B.Sht11/25Growth22/25

Consensus fair value

¥3,295.96
Below FV
▲ +78.9% against the close used
Model range ¥1,365.62 – ¥5,286.37
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¥1,365.62Fair value¥3,295.96Bull¥5,286.37
FairClose
52-week traded range
52W low ¥1,119.5052W high ¥1,879.00

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

Valuation summary

Trading below the consensus fair value

Daiwa Securities Group Inc. closed at ¥1,842.00, 44.1% below the consensus fair value of ¥3,295.96 drawn from 8 valuation models.

Financial DNA score 57/100 — Good. P/E of 14.6x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥5,286.37
+187.0%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥1,898.04
+3.0%
√(22.5 × EPS × BVPS)
EPS=126.04, BVPS=1270.34
P/E Fair Value
¥2,520.80
+36.9%
EPS × 20x (sector P/E)
EPS=126.04, Sector P/E=20x
Peter Lynch (PEG)
¥2,089.74
+13.4%
EPS × Growth% (PEG = 1 is fair)
EPS=126.04, g=16.6%
Dividend Discount (DDM)
¥3,451.54
+87.4%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=63.92, r=10%, g=8%
Book Value (P/B)
¥1,365.62
-25.9%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=1270.34, ROE=10.3%, g=6%, r=10%
Reverse DCF
¥1,842.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 2.9% | Historical: 16.6%
Margin of Safety
¥2,426.30
+31.7%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=3235.07, 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.