Nihon Enterprise Co (TSE:4829) Intrinsic Value: DCF (Dividends Based): 円20.78 (As of Aug. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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TSE:4829 Nihon Enterprise Co Ltd TSE:4829
64 GF Score
Price 円109.00
GF Value 円121.22
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Nihon Enterprise Co Intrinsic Value: DCF (Dividends Based)?

Nihon Enterprise Co TSE:4829 -0.91% 64 Intrinsic Value: DCF (Dividends Based) is 円20.78 as of Aug. 19, 2026. GuruFocus rates TSE:4829 with a GF Score™ of 64/100 and a GF Value™ of 円121.22 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 278 Software companies, Nihon Enterprise Co ranks worse than 359711.87% on this metric.

As of today (2026-08-19), Nihon Enterprise Co's intrinsic value calculated from the Discounted Dividend model is 円20.78.

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.

Nihon Enterprise Co's Predictability Rank is 1-Star. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety % (DCF Dividends Based) using Discounted Dividend Model for Nihon Enterprise Co is -424.54%.

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

TSE:4829's Price-to-DCF (Dividends Based) is not ranked *
in the Software industry.
Industry Median: 0.76
* Ranked among companies with meaningful Price-to-DCF (Dividends Based) only.

Nihon Enterprise Co  (TSE:4829) 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.


Nihon Enterprise Co Intrinsic Value: DCF (Dividends Based) Related Terms


Nihon Enterprise Co Intrinsic Value: DCF (Dividends Based) Historical Data

* Premium members only.

The historical data trend for Nihon Enterprise 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.

Nihon Enterprise Co Intrinsic Value: DCF (Dividends Based) Chart

Nihon Enterprise Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Intrinsic Value: DCF (Dividends Based)
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Nihon Enterprise Co Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 0.00 0.00 0.00 0.00 0.00

TSE:4829 vs QH, SHOP, UBER: Intrinsic Value: DCF (Dividends Based) Comparison

For the Software - Application subindustry, Nihon Enterprise 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.


Nihon Enterprise Co Price-to-DCF (Dividends Based) vs Software Industry

For the Software industry and Technology sector, Nihon Enterprise Co's Price-to-DCF (Dividends Based) distribution charts can be found below:

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


TSE:4829
64GF Score
Nihon Enterprise Co Ltd TSE:4829
Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Enterprise 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 = 5%
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.
=> Nihon Enterprise Co's average Dividend Growth Rate in the past 10 years was 2.60%, which is less than 5%. GuruFocus defaults => Growth Rate: 5%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Dividends per Share: adjusted dividends per share = 円1.5336.
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.

Nihon Enterprise 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+0.05)/(1+0.09) = 0.96330275229358
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)]
=1.5336*13.5514
=20.78

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based)-Current Price) /Intrinsic Value: DCF (Dividends Based)
= (20.78 - 109.00) / 20.78
= -424.54 %

* 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 円20.78 mean?
Nihon Enterprise Co (TSE:4829) has a Intrinsic Value: DCF (Dividends Based) of 円20.78 as of Aug. 19, 2026. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on Nihon Enterprise Co and its competitors. According to the industry distribution chart, Nihon Enterprise Co ranks #999999 out of 278 companies in the Software industry.
Is Nihon Enterprise Co's Intrinsic Value: DCF (Dividends Based) too high?
Nihon Enterprise Co's current Intrinsic Value: DCF (Dividends Based) is 円20.78. Based on the distribution chart, Nihon Enterprise Co ranks #999999 out of 278 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nihon Enterprise Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Enterprise Co's Intrinsic Value: DCF (Dividends Based) compare to QH and SHOP?
According to the Software industry distribution chart, Nihon Enterprise Co ranks #999999 out of 278 companies for Intrinsic Value: DCF (Dividends Based). This places Nihon Enterprise Co in the lower half of its industry. The industry median Intrinsic Value: DCF (Dividends Based) is 0.76. 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 Software company?
The median Intrinsic Value: DCF (Dividends Based) among Software companies is 0.76, based on 278 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. 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 Nihon Enterprise Co and its competitors. For the Software industry, the median Intrinsic Value: DCF (Dividends Based) is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Enterprise Co's current Intrinsic Value: DCF (Dividends Based) is 円20.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Enterprise Co (TSE:4829) is currently considered Modestly Undervalued. The stock's GF Value™ is 円121.22, compared to a current price of 円109.00 — trading 10.1% below its estimated fair value. The current Intrinsic Value: DCF (Dividends Based) is 円20.78. Nihon Enterprise Co's overall GF Score™ is 64/100 with 4 warning signs 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 Nihon Enterprise Co (TSE:4829), the current Intrinsic Value: DCF (Dividends Based) is 円20.78 as of Aug. 19, 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 Nihon Enterprise Co (TSE:4829) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Enterprise Co stock appears to be undervalued. The current stock price of 円109.00 is trading 10.1% below its estimated GF Value™ of 円121.22. GuruFocus considers Nihon Enterprise Co to be Modestly Undervalued.

Key valuation signals for TSE:4829:

  • Intrinsic Value: DCF (Dividends Based): 円20.78
  • GF Value™: 円121.22 vs. price of 円109.00 (10.1% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the TSE:4829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Enterprise Co Business Description

Address Matsuoka Shibuya Building 1-17-8 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Nihon Enterprise Co Ltd is engaged in the planning, development, and management of smartphone apps for consumers, development and sale of business support applications, cloud services, contract development of applications, and advertisement proxy services.
64GF Score

Get the complete analysis for TSE:4829

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

円109.00
Price
円121.22
GF Value