USNNF (U-Next Holdings Co) Intrinsic Value: DCF (Earnings Based): $25.28 (As of Sep. 15, 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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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

USNNF U-Next Holdings Co Ltd USNNF
79 GF Score
Price $13.95
GF Value $18.99
! 1 Warning Sign
View Full Analysis

What is U-Next Holdings Co Intrinsic Value: DCF (Earnings Based)?

U-Next Holdings Co USNNF 79 Intrinsic Value: DCF (Earnings Based) is $25.28 as of Sep. 15, 2026. GuruFocus rates USNNF with a GF Score™ of 79/100 and a GF Value™ of $18.99. The stock has 1 warning sign investors should review. Among 89 Conglomerates companies, U-Next Holdings Co ranks better than 73.03% on this metric.

As of today (2026-09-15), U-Next Holdings Co's intrinsic value calculated from the Discounted Earnings model is $25.28.

Note: Discounted Earnings model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

U-Next Holdings Co's Predictability Rank is 3.5-Stars.

Margin of Safety (Earnings Based) using Discounted Earnings model for U-Next Holdings Co is 44.82%.

The historical rank and industry rank for U-Next Holdings Co's Intrinsic Value: DCF (Earnings Based) or its related term are showing as below:

USNNF' s Price-to-DCF (Earnings Based) Range Over the Past 10 Years
Min: 0.45   Med: 0.48   Max: 0.61
Current: 0.55

During the past 12 years, the highest Price-to-Intrinsic-Value-DCF (Earnings Based) Ratio of U-Next Holdings Co was 0.61. The lowest was 0.45. And the median was 0.48.

USNNF's Price-to-DCF (Earnings Based) is ranked better than
73.03% of 89 companies
in the Conglomerates industry
Industry Median: 0.91 vs USNNF: 0.55

U-Next Holdings Co  (OTCPK:USNNF) Intrinsic Value: DCF (Earnings Based) Explanation

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


Be Aware

What you need to know about Discounted Earnings model:

1. The Discounted Earnings model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company 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 that are relatively consistent performers.
4. The Discounted Earnings model works poorly for inconsistent performers like cyclicals.
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 predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings 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.


U-Next Holdings Co Intrinsic Value: DCF (Earnings Based) Related Terms


U-Next Holdings Co Intrinsic Value: DCF (Earnings Based) Historical Data

* Premium members only.

The historical data trend for U-Next Holdings Co's Intrinsic Value: DCF (Earnings 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.

U-Next Holdings Co Intrinsic Value: DCF (Earnings Based) Chart

U-Next Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Intrinsic Value: DCF (Earnings Based)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 15.20 24.11

U-Next Holdings Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Intrinsic Value: DCF (Earnings 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 14.32 24.10 23.94 22.09 20.46

USNNF vs MMM, HON: Intrinsic Value: DCF (Earnings Based) Comparison

For the Conglomerates subindustry, U-Next Holdings Co's Price-to-DCF (Earnings Based), along with its competitors' market caps and Price-to-DCF (Earnings 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.


U-Next Holdings Co Price-to-DCF (Earnings Based) vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, U-Next Holdings Co's Price-to-DCF (Earnings Based) distribution charts can be found below:

* The bar in red indicates where U-Next Holdings Co's Price-to-DCF (Earnings Based) falls into.


USNNF
79GF Score
U-Next Holdings Co Ltd USNNF
Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

U-Next Holdings Co Intrinsic Value: DCF (Earnings Based) Calculation

This is the intrinsic value calculated from the Discounted Earnings model with default parameters. The calculation method is the same as Discounted Cash Flow model except earnings 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 DCF 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. Growth Rate in the growth stage: g1 = 20%
The Growth Rate in the growth stage is initially set as the default 10-Year EPS without NRI Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year EPS without NRI Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year EPS without NRI 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.
=> U-Next Holdings Co's average EPS without NRI Growth Rate in the past 5 years was 24.90%, 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. Years of Terminal Growth: y2 = 10

6. EPS without NRI: eps without nri = $0.665.
GuruFocus DCF calculator is actually a Discounted Earnings calculator, EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

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

U-Next Holdings Co's Intrinsic Value: DCF (Earnings Based) for today is calculated as:

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[(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 (Earnings Based)=EPS without NRI*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=EPS without NRI*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=0.665*38.009
=25.28

Margin of Safety % (DCF Earnings Based)=(Intrinsic Value: DCF (Earnings Based)-Current Price)/Intrinsic Value: DCF (Earnings Based)
=(25.28-13.95)/25.28
=44.82 %

* 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 (Earnings Based) of $25.28 mean?
U-Next Holdings Co (USNNF) has a Intrinsic Value: DCF (Earnings Based) of $25.28 as of Sep. 15, 2026. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on U-Next Holdings Co and its competitors. According to the industry distribution chart, U-Next Holdings Co ranks #24 out of 89 companies in the Conglomerates industry, placing it in the top 27%.
Is U-Next Holdings Co's Intrinsic Value: DCF (Earnings Based) too high?
U-Next Holdings Co's current Intrinsic Value: DCF (Earnings Based) is $25.28. The Conglomerates industry median Intrinsic Value: DCF (Earnings Based) is 0.91. U-Next Holdings Co's value of $25.28 is 2678% above this industry median. Based on the distribution chart, U-Next Holdings Co ranks #24 out of 89 companies in the Conglomerates industry, which is above the industry midpoint. Overall, U-Next Holdings Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does U-Next Holdings Co's Intrinsic Value: DCF (Earnings Based) compare to MMM and HON?
According to the Conglomerates industry distribution chart, U-Next Holdings Co ranks #24 out of 89 companies for Intrinsic Value: DCF (Earnings Based). This puts U-Next Holdings Co in the upper half of its industry. The industry median Intrinsic Value: DCF (Earnings Based) is 0.91. U-Next Holdings Co's value of $25.28 is 2678% above this benchmark. 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 (Earnings Based) for a Conglomerates company?
The median Intrinsic Value: DCF (Earnings Based) among Conglomerates companies is 0.91, based on 89 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Earnings Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Earnings Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. U-Next Holdings Co's current Intrinsic Value: DCF (Earnings Based) of $25.28 is 2678% 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 (Earnings Based) mean?
A high Intrinsic Value: DCF (Earnings Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on U-Next Holdings Co and its competitors. For the Conglomerates industry, the median Intrinsic Value: DCF (Earnings Based) is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. U-Next Holdings Co's current Intrinsic Value: DCF (Earnings Based) is $25.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Next Holdings Co stock overvalued right now?
U-Next Holdings Co (USNNF) has a current Intrinsic Value: DCF (Earnings Based) of $25.28. The stock's GF Value™ is $18.99, compared to a current price of $13.95 — trading 26.5% below its estimated fair value. The current Intrinsic Value: DCF (Earnings Based) is $25.28 and 2678% above the Conglomerates industry median of 0.91. U-Next Holdings Co's overall GF Score™ is 79/100 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 (Earnings Based) calculated?
Intrinsic Value: DCF (Earnings Based) is calculated from a company's financial statements. For U-Next Holdings Co (USNNF), the current Intrinsic Value: DCF (Earnings Based) is $25.28 as of Sep. 15, 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 U-Next Holdings Co (USNNF) Overvalued in 2026?

Based on GuruFocus' analysis, U-Next Holdings Co stock appears to be undervalued. The current stock price of $13.95 is trading 26.5% below its estimated GF Value™ of $18.99.

Key valuation signals for USNNF:

  • Intrinsic Value: DCF (Earnings Based): $25.28
  • GF Value™: $18.99 vs. price of $13.95 (26.5% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 2678% above the Conglomerates median (#24 of 89)

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


U-Next Holdings Co Business Description

Other Exchanges 9418:Japan
Address No.1, Shin-Osaki 3-chome, Meguro Central Square, Shinagawa-ku, Tokyo, JPN, 141-0021
U-Next Holdings Co Ltd is a social Dx company whose business domain through management integration, it has expanded its business into five segments that includes store service business, communications business, commercial systems business, content distribution business, and energy business.
79GF Score

Get the complete analysis for USNNF

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

$13.95
Price
$18.99
GF Value