Fundely Co., Ltd.

3137.T · Communication Services · Publishing · Valued as of 2026-11-03 · Statements 2026-03-31

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

1.85M USD

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

Profit

1.85M USD

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

FCFF

1.85M USD

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

Average Intrinsic Value

1.85M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

17.07M USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.11×

the ratio the screener ranks by

Margin of Safety

-824.4%

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: 1.85M 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).

The earnings power value was not computed (a normalized NOPAT at or below zero), so the value is the book value today, 1.85M USD.

Market value

Market Cap17.07M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-824.4%

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): 1.85M 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.

The projection was not made (a profit at or below zero in the latest three years), so the value is the book value today, 1.85M USD, as the screener leaves it.

①Present Value of the 15 Years of FCFE

Not in the value

②Equity at Year 15, Today

Not in the value

Market value

Market Cap17.07M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-824.4%

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): 1.85M 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 (a change in working capital above half the operating profit in the latest three years), so the value is the book value today, 1.85M 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 Cap17.07M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-824.4%

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: 4.33%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.53×Market Risk Premium 6.00%= 7.66%

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 9.58K USDPretax Income 466.08K USD= 2.06%

The tax the interest saves.

Interest Expense =EBIT 841.63K USD−Pretax Income 466.08K USD= 375.55K USD

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

Cost of Debt =Interest Expense 375.55K USDTotal Debt 21.58M USD×(1 − Tax Rate for WACC 2.06%)= 1.70%

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

Debt Weight =Total Debt 21.58M USDMarket Cap + Total Debt 17.07M USD + 21.58M USD= 55.83%

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

WACC =Equity Weight 44.17%×Cost of Equity 7.66%+Debt Weight 55.83%×Cost of Debt 1.70%= 4.33%

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, 2026-03-31.

Total Assets 24.93M USD − Total Liabilities 23.08M USD = Book Value Today 1.85M USD

Total Debt 21.58M USD − Cash and Short-Term Investments 3.42M USD = Net Debt Today 18.15M 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 − 10.0%at most 5%passes12,675,000 / 12,675,000
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets2.2%at least -10.0%passes(998.78K USD − 456.50K USD) ÷ 24.93M USD
Price to bookMarket Cap ÷ Book Value Today9.24×at most 3×does not pass17.07M USD ÷ 1.85M USD
Operating marginOperating Income ÷ Revenue5.0%above 10.0%does not pass821.02K USD ÷ 16.43M USD
Revenue growthRevenue ÷ Revenue a Year Before − 1-0.3%above 10.0%does not pass16.43M USD / 16.49M USD
Net cash(Cash − Total Debt) ÷ Market Cap-106.3%above -30%does not pass(3.42M USD − 21.58M USD) ÷ 17.07M USD
Operating efficiencyOperating Income ÷ Gross Profit10.2%above 25.0%does not pass821.02K USD ÷ 8.03M USD

Market Data

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

Share price

211.21 JPY

Enterprise value

—

the provider's own figure

EV / EBITDA

—

Price / book

2.95×

the provider's book

Price / earnings

46.17×

Return on equity

—

the provider's figure, not this page's

Profit margin

10.4%

Revenue growth

—

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.

USD2023202420252026
Income statement

Revenue

21.12M17.49M16.49M16.43M

Gross profit

8.99M8.59M6.92M8.03M

Operating income

-2.14M388.11K-893.87K821.02K

EBITDA

operating income before depreciation and amortisation

66.48K2.34M734.84K2.23M

Pretax income

-2.13M448.57K-1.22M466.08K

Net income

-2.14M438.46K-1.23M456.50K

Normalized income

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

-2.14M361.20K-1.36M456.50K

R&D

————
Balance sheet, year end

Total assets

37.09M30.60M27.97M24.93M

Total liabilities

34.46M27.92M26.48M23.08M

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

2.63M2.68M1.49M1.85M

Total debt

31.99M26.35M24.86M21.58M

Cash and equivalents

7.33M5.17M5.08M3.42M

Net PP&E

fixed assets after depreciation

26.22M21.47M20.14M17.47M

Working capital

current assets less current liabilities

6.31M5.75M4.34M3.60M
Cash flow

Operating cash flow

1.42M471.57K1.67M998.78K

Capital expenditure

paid out, so below zero

-5.35K—-9.33K-8.89K

Depreciation and amortisation

1.83M1.59M1.61M1.39M

Free cash flow

operating cash flow plus capital expenditure

1.42M471.57K1.66M989.89K