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Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Daiwa Securities Group's Intrinsic Value: Projected FCF or its related term are showing as below:
DSECF'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.08 Med: 0.31 Max: 1.49
Current: 1.48
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Daiwa Securities Group was 1.49. The lowest was 0.08. And the median was 0.31.
DSECF's Price-to-Projected-FCF is ranked worse than 65.62% of 509
companies
in the Capital Markets industry
Industry Median: 1.01
vs DSECF: 1.48
Daiwa Securities Group (OTCPK:DSECF) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Daiwa Securities Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
9.685
/
16.152767246075
=
0.60
* 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.
Daiwa Securities Group Intrinsic Value: Projected FCF Related Terms
Daiwa Securities Group Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Daiwa Securities Group's Intrinsic Value: Projected FCF 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.
Daiwa Securities Group Intrinsic Value: Projected FCF Chart
DSECF vs MS, GS, SCHW: Intrinsic Value: Projected FCF Comparison
For the Capital Markets subindustry, Daiwa Securities Group's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.
Daiwa Securities Group Price-to-Projected-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Daiwa Securities Group's Price-to-Projected-FCF falls into.
Daiwa Securities Group Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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: Projected FCF of $6.53 mean?
Daiwa Securities Group (DSECF) has a Intrinsic Value: Projected FCF of $6.53 as of Sep. 16, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Daiwa Securities Group and its competitors. According to the industry distribution chart, Daiwa Securities Group ranks #334 out of 509 companies in the Capital Markets industry, placing it in the top 65.6%.
Is Daiwa Securities Group's Intrinsic Value: Projected FCF too high?
Daiwa Securities Group's current Intrinsic Value: Projected FCF is $6.53. The Capital Markets industry median Intrinsic Value: Projected FCF is 1.01. Daiwa Securities Group's value of $6.53 is 546.5% above this industry median. Based on the distribution chart, Daiwa Securities Group ranks #334 out of 509 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Daiwa Securities Group has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Group's Intrinsic Value: Projected FCF compare to MS and GS?
According to the Capital Markets industry distribution chart, Daiwa Securities Group ranks #334 out of 509 companies for Intrinsic Value: Projected FCF. This places Daiwa Securities Group in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.01. Daiwa Securities Group's value of $6.53 is 546.5% 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: Projected FCF for a Capital Markets company?
The median Intrinsic Value: Projected FCF among Capital Markets companies is 1.01, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daiwa Securities Group's current Intrinsic Value: Projected FCF of $6.53 is 546.5% 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: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Daiwa Securities Group and its competitors. For the Capital Markets industry, the median Intrinsic Value: Projected FCF is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Securities Group's current Intrinsic Value: Projected FCF is $6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Group stock overvalued right now?
Daiwa Securities Group (DSECF) has a current Intrinsic Value: Projected FCF of $6.53. The stock's GF Value™ is $8.45, compared to a current price of $9.69 — trading 14.6% above its estimated fair value. The current Intrinsic Value: Projected FCF is $6.53 and 546.5% above the Capital Markets industry median of 1.01. Daiwa Securities Group's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Daiwa Securities Group (DSECF), the current Intrinsic Value: Projected FCF is $6.53 as of Sep. 16, 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 Daiwa Securities Group (DSECF) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Securities Group stock appears to be overvalued.
The current stock price of $9.69 is trading 14.6% above its estimated GF Value™ of $8.45.
Key valuation signals for DSECF:
Intrinsic Value: Projected FCF: $6.53
GF Value™: $8.45 vs. price of $9.69 (14.6% above fair value)
Industry Position: 546.5% above the Capital Markets median (#334 of 509)
No single metric tells the full story. See the DSECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Securities Group Inc is a Japan-based financial services company. The company operates through four segments. The Asset Management Division manages investment trusts, funds, and corporations across assets, including private equity, real estate, renewable energy, and infrastructure, while also offering advisory services to institutional investors in Japan and overseas. The Global Markets & Investment Banking Division handles sales and trading of securities, foreign exchange, and derivatives, and provides underwriting and M&A advisory. The Wealth Management Division serves individuals and private corporate clients with diverse financial products. Others include subsidiary management, information services, administration, and real estate leasing.
64GF Score
Get the complete analysis for DSECF
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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