West Japan Railway Company

9021 TSE Industrials Land Transportation
TSE Prime
¥2,998.00
+0.07%
Delayed · cached 15 min

Fair value analysis

9021
West Japan Railway Company
IndustrialsLand Transportation
¥2,998.00
Close used for this calculation
¥4,608.59Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
57/100
Profitability8/25
Returns18/25
Balance Sheet6/25
Efficiency25/25
Growth13/25
Good
Quality radar
57Prof.8/25Ret.18/25Eff.25/25B.Sht6/25Growth13/25

Consensus fair value

¥4,608.59
Below FV
▲ +53.7% against the close used
Model range ¥1,242.30 – ¥5,554.60
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¥1,242.30Fair value¥4,608.59Bull¥5,554.60
FairClose
52-week traded range
52W low ¥2,469.5052W high ¥3,515.00

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

Valuation summary

Trading below the consensus fair value

West Japan Railway Company closed at ¥2,998.00, 34.9% below the consensus fair value of ¥4,608.59 drawn from 8 valuation models.

Financial DNA score 57/100 — Good. P/E of 10.8x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
¥5,205.36
+73.6%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
¥4,071.73
+35.8%
√(22.5 × EPS × BVPS)
EPS=277.73, BVPS=2653.1
P/E Fair Value
¥5,554.60
+85.3%
EPS × 20x (sector P/E)
EPS=277.73, Sector P/E=20x
EV/EBITDA
¥4,911.79
+63.8%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=375.93B
Dividend Discount (DDM)
¥1,242.30
-58.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=97.44, r=10%, g=2%
Book Value (P/B)
¥2,956.31
-1.4%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=2653.1, ROE=10.8%, g=3%, r=10%
Reverse DCF
¥2,998.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: -1.3% | Historical: 0%
Margin of Safety
¥3,707.92
+23.7%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=4943.9, 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.