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¥798.80Fair value¥1,538.84Bull¥3,781.43
FairClose
52-week traded range
52W low ¥918.0052W high ¥1,326.00
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading below the consensus fair value
Marusan Securities Co.,Ltd. closed at ¥1,292.00, 16.0% below the consensus fair value of ¥1,538.84 drawn from 8 valuation models.
Financial DNA score 51/100 — Good. P/E of 17.1x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
¥1,501.78
+16.2%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥1,147.62
-11.2%
√(22.5 × EPS × BVPS)
EPS=75.66, BVPS=773.65 · outside Graham range (P/E 17.1, P/B 1.7) — asset-light, treat as a rough floor
P/E Fair Value
¥1,513.20
+17.1%
EPS × 20x (sector P/E)
EPS=75.66, Sector P/E=20x
Peter Lynch (PEG)
¥1,163.65
-9.9%
EPS × Growth% (PEG = 1 is fair)
EPS=75.66, g=15.4%
Dividend Discount (DDM)
¥3,781.43
+192.7%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=70.03, r=10%, g=8%
Book Value (P/B)
¥798.80
-38.2%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=773.65, ROE=10.1%, g=6%, r=10%
Reverse DCF
¥1,292.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 5% | Historical: 15.4%
Margin of Safety
¥1,040.65
-19.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=1387.53, 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.