Nishikawa Keisoku Co., Ltd.

7500.T · Technology · Scientific & Technical Instruments · Valued as of 2026-11-03 · Statements 2025-06-30

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

226.65M USD

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

Profit

199.44M USD

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

FCFF

234.16M USD

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

Average Intrinsic Value

220.08M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

236.21M USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.93×

the ratio the screener ranks by

Margin of Safety

-7.3%

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: 226.65M 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)144.52M USD
+②Net Cash Today53.27M USD
+③Growth Value28.87M USD
=Value226.65M USD

EPV of the Operations (NOPAT over WACC)

144.52M USD

Net cash today

+53.27M USD

Growth Value

+28.87M USD

Value

226.65M USD

①EPV (earnings power value)

144.52M USD

②Net Cash Today

53.27M USD

③Growth Value

28.87M USD

Market value

Market Cap236.21M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-4.2%

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): 199.44M 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 FCFE126.87M USD
+②Equity at Year 15, Today72.57M USD
=Value199.44M 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

126.87M USD

②Equity at Year 15, Today

72.57M USD

Market value

Market Cap236.21M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-18.4%

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): 234.16M 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).
①Present Value of the 15 Years of FCFF145.87M USD
+②Invested Capital at Year 15, Today35.02M USD
+③Net Cash Today53.27M USD
=Value234.16M USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

145.87M USD

②Invested Capital at Year 15, Today

35.02M USD

③Net Cash Today

53.27M USD

Market value

Market Cap236.21M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-0.9%

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: 10.50%
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 8.56M USDPretax Income 27.14M USD= 31.55%

The tax the interest saves.

Interest Expense =EBIT 26.03M USD−Pretax Income 27.14M USD= —

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

No interest is read: it needs debt and an EBIT above the profit before tax, the gap between them being the interest. Without it the cost of debt takes the 4% default.

Cost of Debt 4.00% (default): with no debt or no interest read, the 4% default after tax stands for what the lenders are paid a year.

Debt Weight =Total Debt 92.94K USDMarket Cap + Total Debt 236.21M USD + 92.94K USD= 0.04%

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

WACC =Equity Weight 99.96%×Cost of Equity 10.50%+Debt Weight 0.04%×Cost of Debt 4.00%= 10.50%

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, 2025-12-31.

Total Assets 233.60M USD − Total Liabilities 89.44M USD = Book Value Today 144.16M USD

Total Debt 92.94K USD − Cash and Short-Term Investments 53.36M USD = Net Debt Today -53.27M 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 − 10.4%at most 5%passes3,391,740 / 3,376,745
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets0.4%at least -10.0%passes(19.41M USD − 18.58M USD) ÷ 233.60M USD
Price to bookMarket Cap ÷ Book Value Today1.64×at most 3×passes236.21M USD ÷ 144.16M USD
Operating marginOperating Income ÷ Revenue9.7%above 10.0%does not pass26.03M USD ÷ 268.19M USD
Revenue growthRevenue ÷ Revenue a Year Before − 118.2%above 10.0%passes268.19M USD / 226.87M USD
Net cash(Cash − Total Debt) ÷ Market Cap19.8%above -30%passes(46.96M USD − 92.94K USD) ÷ 236.21M USD
Operating efficiencyOperating Income ÷ Gross Profit42.8%above 25.0%passes26.03M USD ÷ 60.86M USD

Market Data

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

Share price

10920.91 JPY

Enterprise value

36.01B JPY

the provider's own figure

EV / EBITDA

42.83×

Price / book

9.49×

the provider's book

Price / earnings

11.24×

Return on equity

5.7%

the provider's figure, not this page's

Profit margin

0.9%

Revenue growth

13.3%

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.

USD2022202320242025
Income statement

Revenue

215.92M220.71M226.87M268.19M

Gross profit

46.94M47.70M52.09M60.86M

Operating income

14.93M15.50M21.59M26.03M

EBITDA

operating income before depreciation and amortisation

15.52M16.09M22.12M26.69M

Pretax income

12.43M16.30M22.36M27.14M

Net income

8.50M10.71M15.75M18.58M

Normalized income

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

10.57M10.71M15.75M18.58M

R&D

————
Balance sheet, year end

Total assets

175.28M187.15M196.78M234.68M

Total liabilities

75.12M82.19M82.93M92.82M

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

100.16M104.96M113.85M141.86M

Total debt

159.19K107.99K147.93K121.44K

Cash and equivalents

65.00M68.38M51.52M59.62M

Net PP&E

fixed assets after depreciation

1.86M1.94M2.03M2.26M

Working capital

current assets less current liabilities

65.03M64.10M66.77M69.92M
Cash flow

Operating cash flow

2.89M15.87M9.90M19.41M

Capital expenditure

paid out, so below zero

-1.16M-421.43K-697.77K-890.94K

Depreciation and amortisation

597.09K588.22K535.38K659.72K

Free cash flow

operating cash flow plus capital expenditure

1.73M15.45M9.20M18.52M