Koshidaka Holdings Co., Ltd.

2157.T · Consumer Cyclical · Leisure · Valued as of 2026-11-03 · Statements 2025-08-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

526.14M USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

997.32M USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

245.24M USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

589.57M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

514.69M USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

1.15×

the ratio the screener ranks by

Margin of Safety

+12.7%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 526.14M USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)511.42M USD
−②Net Debt Today25.88M USD
+③Growth Value40.61M USD
=Value526.14M USD

EPV of the Operations (NOPAT over WACC)

511.42M USD

Net debt today

-25.88M USD

Growth Value

+40.61M USD

Value

526.14M USD

①EPV (Earnings Power Value)

511.42M USD

②Net Debt Today

25.88M USD

③Growth Value

40.61M USD

Market value

Market Cap514.69M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+2.2%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 997.32M USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE685.70M USD
+②Equity at Year 15, Today311.62M USD
=Value997.32M USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

685.70M USD

②Equity at Year 15, Today

311.62M USD

Market value

Market Cap514.69M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+48.4%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 245.24M USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).

The projection was not made (an FCFF at or below zero in the latest three years), so the value is the book value today, 245.24M USD, as the screener leaves it.

①Present Value of the 15 Years of FCFF

Not in the value

②Invested Capital at Year 15, Today

Not in the value

③Net Debt Today

Not in the value

Market value

Market Cap514.69M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-109.9%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 9.21%
Cost of Equity =Risk-Free Rate 4.50%+Beta (default) 1.00×Market Risk Premium 6.00%= 10.50%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 13.62M USDPretax Income 49.48M USD= 27.52%

The tax the interest saves.

Interest Expense =EBIT 50.03M USD−Pretax Income 49.48M USD= 549.70K USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 549.70K USDTotal Debt 76.31M USD×(1 − Tax Rate for WACC 27.52%)= 0.52%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 76.31M USDMarket Cap + Total Debt 514.69M USD + 76.31M USD= 12.91%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 87.09%×Cost of Equity 10.50%+Debt Weight 12.91%×Cost of Debt 0.52%= 9.21%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-02-28.

Total Assets 482.18M USD − Total Liabilities 236.94M USD = Book Value Today 245.24M USD

Total Debt 76.31M USD − Cash and Short-Term Investments 50.43M USD = Net Debt Today 25.88M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 11.1%at most 5%passes82,423,560 / 81,532,704
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets10.6%at least -10.0%passes(87.11M USD − 35.86M USD) ÷ 482.18M USD
Price to bookMarket Cap ÷ Book Value Today2.10×at most 3×passes514.69M USD ÷ 245.24M USD
Operating marginOperating Income ÷ Revenue16.4%above 10.0%passes77.69M USD ÷ 473.17M USD
Revenue growthRevenue ÷ Revenue a Year Before − 18.3%above 10.0%does not pass473.17M USD / 437.07M USD
Net cash(Cash − Total Debt) ÷ Market Cap-5.0%above -30%passes(50.43M USD − 76.31M USD) ÷ 514.69M USD
Operating efficiencyOperating Income ÷ Gross Profit62.0%above 25.0%passes77.69M USD ÷ 125.29M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

973.97 JPY

Enterprise value

87.74B JPY

the provider's own figure

EV / EBITDA

5.69×

Price / book

2.07×

the provider's book

Price / earnings

14.53×

Return on equity

14.5%

the provider's figure, not this page's

Profit margin

7.0%

Revenue growth

17.7%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2022202320242025

Revenue

274.15M374.30M437.07M473.17M

Gross profit

44.31M91.19M115.75M125.29M

Operating income

15.92M52.53M70.22M77.69M

EBITDA

operating income before depreciation and amortisation

55.53M99.05M93.20M81.85M

Pretax income

29.23M72.23M62.35M49.48M

Net income

26.29M48.68M46.53M35.86M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

35.05M36.71M56.09M56.73M

R&D

————
Balance sheet, year end (USD)2022202320242025

Total assets

341.09M390.59M426.37M467.73M

Total liabilities

200.33M216.60M216.66M228.33M

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

140.76M173.99M209.71M239.39M

Total debt

107.74M88.03M79.01M78.59M

Cash and equivalents

50.34M57.81M46.79M71.52M

Net PP&E

fixed assets after depreciation

239.17M270.91M295.75M295.13M

Working capital

current assets less current liabilities

1.93M-10.90M-14.32M5.92M
Cash flow (USD)2022202320242025

Operating cash flow

83.75M91.71M86.92M87.11M

Capital expenditure

paid out, so below zero

-51.85M-77.53M-61.74M-47.01M

Depreciation and amortisation

25.93M26.66M30.59M31.82M

Free cash flow

operating cash flow plus capital expenditure

31.90M14.18M25.18M40.10M