As of 2026-04-04, the Intrinsic Value of Nomura System Corporation Co Ltd (3940.T) is 214.34 JPY. This 3940.T valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 133.00 JPY, the upside of Nomura System Corporation Co Ltd is 61.20%.
The range of the Intrinsic Value is 186.62 - 259.33 JPY
Based on its market price of 133.00 JPY and our intrinsic valuation, Nomura System Corporation Co Ltd (3940.T) is undervalued by 61.20%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 186.62 - 259.33 | 214.34 | 61.2% |
| DCF (Growth 10y) | 208.88 - 290.50 | 240.13 | 80.5% |
| DCF (EBITDA 5y) | 152.27 - 170.94 | 161.91 | 21.7% |
| DCF (EBITDA 10y) | 179.00 - 206.35 | 192.42 | 44.7% |
| Fair Value | 96.02 - 96.02 | 96.02 | -27.80% |
| P/E | 144.45 - 173.08 | 161.03 | 21.1% |
| EV/EBITDA | 123.65 - 147.77 | 134.72 | 1.3% |
| EPV | 159.03 - 193.80 | 176.41 | 32.6% |
| DDM - Stable | 50.40 - 111.19 | 80.80 | -39.3% |
| DDM - Multi | 67.38 - 117.74 | 85.87 | -35.4% |
| Market Cap (mil) | 6,209.77 |
| Beta | 0.66 |
| Outstanding shares (mil) | 46.69 |
| Enterprise Value (mil) | 3,509.74 |
| Market risk premium | 6.13% |
| Cost of Equity | 10.00% |
| Cost of Debt | 5.00% |
| WACC | 6.76% |