CHGCF (Chugai Pharmaceutical Co) Intrinsic Value: DCF (Dividends Based): $63.25 (As of Aug. 03, 2026) — 8447% Above Median

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CHGCF Chugai Pharmaceutical Co Ltd CHGCF
85 GF Score
Price $42.29
GF Value $47.50
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Chugai Pharmaceutical Co Intrinsic Value: DCF (Dividends Based)?

Chugai Pharmaceutical Co CHGCF -2.06% 85 Intrinsic Value: DCF (Dividends Based) is $63.25 as of Aug. 03, 2026, which is 8447% above its 10-year median of 0.74. GuruFocus rates CHGCF with a GF Score™ of 85/100 and a GF Value™ of $47.50 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 135 Drug Manufacturers companies, Chugai Pharmaceutical Co ranks better than 68.15% on this metric.

As of today (2026-08-03), Chugai Pharmaceutical Co's intrinsic value calculated from the Discounted Dividend model is $63.25.

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star) with dividend payments. If the company's Predictability Rank is 1-Star or Not Rated, or if the company does not pay dividend, the data will not be stored into our database.

Chugai Pharmaceutical Co's Predictability Rank is 4-Stars.

Margin of Safety % (DCF Dividends Based) using Discounted Dividend Model for Chugai Pharmaceutical Co is 33.13%.

The historical rank and industry rank for Chugai Pharmaceutical Co's Intrinsic Value: DCF (Dividends Based) or its related term are showing as below:

CHGCF' s Price-to-DCF (Dividends Based) Range Over the Past 10 Years
Min: 0.35   Med: 0.74   Max: 2.58
Current: 0.67

During the past 13 years, the highest Price-to-Intrinsic-Value-DCF (Dividends Based) Ratio of Chugai Pharmaceutical Co was 2.58. The lowest was 0.35. And the median was 0.74.

CHGCF's Price-to-DCF (Dividends Based) is ranked better than
68.15% of 135 companies
in the Drug Manufacturers industry
Industry Median: 1.12 vs CHGCF: 0.67

Chugai Pharmaceutical Co  (OTCPK:CHGCF) Intrinsic Value: DCF (Dividends Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Dividends model evaluates the companies based on their power of future dividend distribution instead of their assets.


Be Aware

What you need to know about Discounted Dividends model:

1. The Discounted Dividends model evaluates a company based on its future dividends distribution power
2. Dividend growth is taken into account; therefore a company with a higher dividend growth rate is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies with consistently steady dividends distributed.
4. The Discounted Dividends model works poorly for inconsistent dividends distributor like high growth companies.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less dividends distributed.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) and Intrinsic Value: DCF (Dividends Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Chugai Pharmaceutical Co Intrinsic Value: DCF (Dividends Based) Related Terms


Chugai Pharmaceutical Co Intrinsic Value: DCF (Dividends Based) Historical Data

* Premium members only.

The historical data trend for Chugai Pharmaceutical Co's Intrinsic Value: DCF (Dividends Based) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chugai Pharmaceutical Co Intrinsic Value: DCF (Dividends Based) Chart

Chugai Pharmaceutical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: DCF (Dividends Based)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.29 72.90 57.74 53.19 60.45

Chugai Pharmaceutical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: DCF (Dividends Based) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.22 58.34 60.45 61.24 59.18

CHGCF vs LLY, JNJ, ABBV: Intrinsic Value: DCF (Dividends Based) Comparison

For the Drug Manufacturers - General subindustry, Chugai Pharmaceutical Co's Price-to-DCF (Dividends Based), along with its competitors' market caps and Price-to-DCF (Dividends Based) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chugai Pharmaceutical Co Price-to-DCF (Dividends Based) vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chugai Pharmaceutical Co's Price-to-DCF (Dividends Based) distribution charts can be found below:

* The bar in red indicates where Chugai Pharmaceutical Co's Price-to-DCF (Dividends Based) falls into.


CHGCF
85GF Score
Chugai Pharmaceutical Co Ltd CHGCF
Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chugai Pharmaceutical Co Intrinsic Value: DCF (Dividends Based) Calculation

This is the intrinsic value calculated from the Discounted Dividend Model with default parameters. The calculation method is the same as Discounted Cash Flow model except adjusted dividend are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DDM calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 9%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 2.67%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Dividend Growth Rate in the growth stage: g1 = 20%
The Growth Rate in the growth stage is initially set as the default 10-Year Dividend Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year Dividend Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year Dividend Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> Chugai Pharmaceutical Co's average Dividend Growth Rate in the past 10 years was 24.40%, which is no less than 20%. GuruFocus defaults => Growth Rate: 20%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Dividends per Share: adjusted dividends per share = $1.6641.
GuruFocus uses adjusted dividends per share by default to ensure that the valuation reflects the total value of the company, as the actual dividend is only a portion of the total value.

All of the default settings can be changed in the DCF calculator and the results are calculated automatically.

Chugai Pharmaceutical Co's Intrinsic Value: DCF (Dividends Based) for today is calculated as:

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.2)/(1+0.09) = 1.1009174311927
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.09) = 0.95412844036697

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Dividends per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=1.6641*38.009
=63.25

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based)-Current Price) /Intrinsic Value: DCF (Dividends Based)
= (63.25 - 42.2925) / 63.25
= 33.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: DCF (Dividends Based) of $63.25 mean?
Chugai Pharmaceutical Co (CHGCF) has a Intrinsic Value: DCF (Dividends Based) of $63.25 as of Aug. 03, 2026. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on Chugai Pharmaceutical Co and its competitors. This is 8447% above median its historical median of 0.74. Over the past decade, Chugai Pharmaceutical Co's Intrinsic Value: DCF (Dividends Based) has ranged from 0.35 to 2.58. According to the industry distribution chart, Chugai Pharmaceutical Co ranks #43 out of 135 companies in the Drug Manufacturers industry, placing it in the top 31.9%.
Is Chugai Pharmaceutical Co's Intrinsic Value: DCF (Dividends Based) too high?
Chugai Pharmaceutical Co's current Intrinsic Value: DCF (Dividends Based) of $63.25 is 8447% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.58. The Drug Manufacturers industry median Intrinsic Value: DCF (Dividends Based) is 1.12. Chugai Pharmaceutical Co's value of $63.25 is 5547.3% above this industry median. Based on the distribution chart, Chugai Pharmaceutical Co ranks #43 out of 135 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Chugai Pharmaceutical Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chugai Pharmaceutical Co's Intrinsic Value: DCF (Dividends Based) compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Chugai Pharmaceutical Co ranks #43 out of 135 companies for Intrinsic Value: DCF (Dividends Based). This puts Chugai Pharmaceutical Co in the upper half of its industry. The industry median Intrinsic Value: DCF (Dividends Based) is 1.12. Chugai Pharmaceutical Co's value of $63.25 is 5547.3% above this benchmark. Historically, Chugai Pharmaceutical Co's own Intrinsic Value: DCF (Dividends Based) has ranged from 0.35 to 2.58 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.12, Chugai Pharmaceutical Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (Dividends Based) for a Drug Manufacturers company?
The median Intrinsic Value: DCF (Dividends Based) among Drug Manufacturers companies is 1.12, based on 135 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Dividends Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Dividends Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chugai Pharmaceutical Co's current Intrinsic Value: DCF (Dividends Based) of $63.25 is 5547.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: DCF (Dividends Based) mean?
A high Intrinsic Value: DCF (Dividends Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on Chugai Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Intrinsic Value: DCF (Dividends Based) is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugai Pharmaceutical Co's current Intrinsic Value: DCF (Dividends Based) is $63.25, which is 8447% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugai Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Chugai Pharmaceutical Co (CHGCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.50, compared to a current price of $42.29 — trading 11% below its estimated fair value. The current Intrinsic Value: DCF (Dividends Based) is $63.25, which is 8447% above median its 10-year median of 0.74 and 5547.3% above the Drug Manufacturers industry median of 1.12. Chugai Pharmaceutical Co's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Dividends Based) calculated?
Intrinsic Value: DCF (Dividends Based) is calculated from a company's financial statements. For Chugai Pharmaceutical Co (CHGCF), the current Intrinsic Value: DCF (Dividends Based) is $63.25 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chugai Pharmaceutical Co (CHGCF) Overvalued in 2026?

Based on GuruFocus' analysis, Chugai Pharmaceutical Co stock appears to be undervalued. The current stock price of $42.29 is trading 11% below its estimated GF Value™ of $47.50. GuruFocus considers Chugai Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for CHGCF:

  • Intrinsic Value: DCF (Dividends Based): $63.25 (8447% above median its 10-year median of 0.74)
  • GF Value™: $47.50 vs. price of $42.29 (11% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 5547.3% above the Drug Manufacturers median (#43 of 135)

No single metric tells the full story. See the CHGCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugai Pharmaceutical Co Business Description

Address 2-1-1 Muromachi, Nihonbashi, 12th Floor, Nihonbashi Mitsui Tower, Chuo-ku, Tokyo, JPN, 103-8324
Chugai Pharmaceutical is a Japanese drug developer and subsidiary of Roche Holding, which owns roughly 60% of the company. Founded in 1925, Chugai deals primarily in the Japanese market, where it generates roughly half of its revenue. It has been the leader in Japan's oncology market for the past decade, largely due to drugs licensed from its parent's portfolio. The company also develops its own innovative medicines. It is an industry leader in antibody technology with several flagship therapies, including Hemlibra (hemophilia), Actemra (rheumatoid arthritis, covid), Foundayo (oral obesity pill), and Nemluvio (atopic dermatitis, prurigo nodularis).
85GF Score

Get the complete analysis for CHGCF

Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.29
Price
$47.50
GF Value