Foster Electric Company, Limited

6794.T · Technology · Consumer Electronics · 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

341.97M USD

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

Profit

326.29M USD

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

FCFF

481.74M USD

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

Average Intrinsic Value

383.33M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

468.98M USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.82×

the ratio the screener ranks by

Margin of Safety

-22.3%

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: 341.97M 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)268.66M USD
+②Net Cash Today73.24M USD
+③Growth Value67.06K USD
=Value341.97M USD

EPV of the Operations (NOPAT over WACC)

268.66M USD

Net cash today

+73.24M USD

Growth Value

+67.06K USD

Value

341.97M USD

①EPV (earnings power value)

268.66M USD

②Net Cash Today

73.24M USD

③Growth Value

67.06K USD

Market value

Market Cap468.98M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-37.1%

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): 326.29M 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 FCFE152.66M USD
+②Equity at Year 15, Today173.63M USD
=Value326.29M 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 rising to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

152.66M USD

②Equity at Year 15, Today

173.63M USD

Market value

Market Cap468.98M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-43.7%

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): 481.74M 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, 481.74M 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 Cash Today

Not in the value

Market value

Market Cap468.98M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+2.6%

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: 8.99%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.86×Market Risk Premium 6.00%= 9.69%

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 11.79M USDPretax Income 52.57M USD= 22.42%

The tax the interest saves.

Interest Expense =EBIT 54.82M USD−Pretax Income 52.57M USD= 2.24M USD

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

Cost of Debt =Interest Expense 2.24M USDTotal Debt 56.15M USD×(1 − Tax Rate for WACC 22.42%)= 3.10%

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

Debt Weight =Total Debt 56.15M USDMarket Cap + Total Debt 468.98M USD + 56.15M USD= 10.69%

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

WACC =Equity Weight 89.31%×Cost of Equity 9.69%+Debt Weight 10.69%×Cost of Debt 3.10%= 8.99%

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 702.93M USD − Total Liabilities 221.18M USD = Book Value Today 481.74M USD

Total Debt 56.15M USD − Cash and Short-Term Investments 129.39M USD = Net Debt Today -73.24M 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 − 11.0%at most 5%passes22,467,807 / 22,250,468
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets1.8%at least -10.0%passes(43.44M USD − 31.01M USD) ÷ 702.93M USD
Price to bookMarket Cap ÷ Book Value Today0.97×at most 3×passes468.98M USD ÷ 481.74M USD
Operating marginOperating Income ÷ Revenue5.7%above 10.0%does not pass48.03M USD ÷ 844.87M USD
Revenue growthRevenue ÷ Revenue a Year Before − 1-8.2%above 10.0%does not pass844.87M USD / 920.65M USD
Net cash(Cash − Total Debt) ÷ Market Cap15.0%above -30%passes(126.72M USD − 56.15M USD) ÷ 468.98M USD
Operating efficiencyOperating Income ÷ Gross Profit32.4%above 25.0%passes48.03M USD ÷ 148.08M USD

Market Data

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

Share price

3273.27 JPY

Enterprise value

74.51B JPY

the provider's own figure

EV / EBITDA

7.41×

Price / book

1.09×

the provider's book

Price / earnings

14.79×

Return on equity

7.0%

the provider's figure, not this page's

Profit margin

2.6%

Revenue growth

9.2%

Analyst target, mean

3203.20 JPY

Analysts

1

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

911.85M809.36M920.65M844.87M

Gross profit

121.40M124.50M161.39M148.08M

Operating income

18.38M29.16M45.47M48.03M

EBITDA

operating income before depreciation and amortisation

46.25M56.18M76.99M76.10M

Pretax income

15.62M30.79M51.36M52.57M

Net income

6.37M15.23M26.11M31.01M

Normalized income

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

8.64M14.01M26.35M29.10M

R&D

————
Balance sheet, year end

Total assets

697.92M679.15M714.71M702.93M

Total liabilities

273.22M254.02M254.87M221.18M

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

383.98M383.39M407.25M424.00M

Total debt

133.20M111.94M57.34M56.15M

Cash and equivalents

102.55M133.63M136.40M126.72M

Net PP&E

fixed assets after depreciation

112.95M128.08M129.75M151.86M

Working capital

current assets less current liabilities

293.79M310.84M328.89M324.73M
Cash flow

Operating cash flow

2.66M101.98M99.23M43.44M

Capital expenditure

paid out, so below zero

-19.23M-31.79M-25.52M-42.61M

Depreciation and amortisation

26.79M21.13M21.36M21.28M

Free cash flow

operating cash flow plus capital expenditure

-16.57M70.19M73.70M826.65K