The Discounted Cash Flow (DCF) valuation of Tobu Railway Co Ltd (9001.T) is 3,080.18 JPY. With the latest stock price at 2,501.00 JPY, the upside of Tobu Railway Co Ltd based on DCF is 23.2%.
Based on the latest price of 2,501.00 JPY and our DCF valuation, Tobu Railway Co Ltd (9001.T) is a buy. Buying 9001.T stocks now will result in a potential gain of 23.2%.
Range | Selected | |
WACC / Discount Rate | 3.5% - 4.5% | 4.0% |
Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
Fair Price | 1,691.8 - 5,544.58 | 3,080.18 |
Upside | -32.4% - 121.7% | 23.2% |
(JPY in millions) | Projections | |||||
03-2025 | 03-2026 | 03-2027 | 03-2028 | 03-2029 | 03-2030 | |
Revenue | 631,461 | 661,251 | 671,906 | 677,435 | 690,983 | 710,925 |
% Growth | 1% | 5% | 2% | 1% | 2% | 3% |
Cost of goods sold | (433,773) | (454,237) | (461,556) | (465,354) | (474,661) | (488,360) |
% of Revenue | 69% | 69% | 69% | 69% | 69% | 69% |
Selling, G&A expenses | (123,083) | (128,890) | (130,966) | (132,044) | (134,685) | (138,572) |
% of Revenue | 19% | 19% | 19% | 19% | 19% | 19% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | 1,302 | 1,363 | 1,385 | 1,397 | 1,425 | 1,466 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Tax expense | (24,274) | (25,419) | (25,829) | (26,041) | (26,562) | (27,329) |
Tax rate | 32% | 32% | 32% | 32% | 32% | 32% |
Net profit | 51,633 | 54,069 | 54,940 | 55,392 | 56,500 | 58,131 |
% Margin | 8% | 8% | 8% | 8% | 8% | 8% |