Forval RealStraight (TSE:9423) WACC %:3.83% (As of Jul. 15, 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

TSE:9423 Forval RealStraight Inc TSE:9423
71 GF Score
Price 円104.00
GF Value 円156.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Forval RealStraight WACC %?

Forval RealStraight TSE:9423 71 WACC % is 3.83% as of Jul. 15, 2026, which is 17% below its 10-year median of 4.59. GuruFocus rates TSE:9423 with a GF Score™ of 71/100 and a GF Value™ of 円156.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,842 Real Estate companies, Forval RealStraight ranks better than 76% on this metric.

As of today (2026-07-15), Forval RealStraight's weighted average cost of capital is 3.83%%. Forval RealStraight's ROIC % is 28.81% (calculated using TTM income statement data). Forval RealStraight generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.

For a comprehensive WACC calculation, please access the WACC Calculator.


Forval RealStraight  (TSE:9423) WACC % Explanation

Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Forval RealStraight's weighted average cost of capital is 3.83%%. Forval RealStraight's ROIC % is 28.81% (calculated using TTM income statement data). Forval RealStraight generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year semi-annual average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.

2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.

3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.

4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year semi-annual average debt to get the simplified cost of debt.


Related Terms

Forval RealStraight WACC % Historical Data

* Premium members only.

The historical data trend for Forval RealStraight's WACC % 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.

Forval RealStraight WACC % Chart

Forval RealStraight Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
WACC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.13 5.23 2.00 2.53 3.95

Forval RealStraight Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
WACC % 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 2.00 2.59 2.53 2.73 3.95

TSE:9423 vs CBRE, BEKE, JLL: WACC % Comparison

For the Real Estate Services subindustry, Forval RealStraight's WACC %, along with its competitors' market caps and WACC % 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.


Forval RealStraight WACC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forval RealStraight's WACC % distribution charts can be found below:

* The bar in red indicates where Forval RealStraight's WACC % falls into.


TSE:9423
71GF Score
Forval RealStraight Inc TSE:9423
WACC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forval RealStraight WACC % Calculation

The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.

WACC=E/(E + D)*Cost of Equity+D/(E + D)*Cost of Debt*(1 - Tax Rate)

1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Forval RealStraight's market capitalization (E) is 円2521.144 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year semi-annual average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, Forval RealStraight's latest one-year semi-annual average Book Value of Debt (D) is 円0 Mil.
a) weight of equity = E / (E + D) = 2521.144 / (2521.144 + 0) = 1
b) weight of debt = D / (E + D) = 0 / (2521.144 + 0) = 0

2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 2.65%. 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.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Forval RealStraight's beta is 0.1969.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 2.65% + 0.1969 * 6% = 3.8314%

3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year semi-annual average debt to get the simplified cost of debt.
As of Mar. 2026, Forval RealStraight's interest expense (positive number) was 円-0 Mil. Its total Book Value of Debt (D) is 円0 Mil.
Cost of Debt = -0 / 0 = %.

4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 56.885 / 226.049 = 25.16%.

Forval RealStraight's Weighted Average Cost Of Capital (WACC) for Today is calculated as:

WACC=E / (E + D)*Cost of Equity+D / (E + D)*Cost of Debt*(1 - Tax Rate)
=1*3.8314%+0*%*(1 - 25.16%)
=3.83%

* 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.

Frequently Asked Questions Learn more about WACC % →
What does a WACC % of 3.83% mean?
Forval RealStraight (TSE:9423) has a WACC % of 3.83% as of Jul. 15, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Forval RealStraight and its competitors. This is 17% below median its historical median of 4.59. Over the past decade, Forval RealStraight's WACC % has ranged from 2.00 to 9.01. According to the industry distribution chart, Forval RealStraight ranks #442 out of 1842 companies in the Real Estate industry, placing it in the top 24%.
Is Forval RealStraight's WACC % too high?
Forval RealStraight's current WACC % of 3.83% is 17% below median its 10-year median of 4.59. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.01. The Real Estate industry median WACC % is 6.53. Forval RealStraight's value of 3.83% is 41.3% below this industry median. Based on the distribution chart, Forval RealStraight ranks #442 out of 1842 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Forval RealStraight has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's WACC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #442 out of 1842 companies for WACC %. This places Forval RealStraight in the top 24% of its industry — outperforming the majority of peers. The industry median WACC % is 6.53. Forval RealStraight's value of 3.83% is 41.3% below this benchmark. Historically, Forval RealStraight's own WACC % has ranged from 2.00 to 9.01 over the past decade. While the company's 10-year median is 4.59 vs. the industry median of 6.53, Forval RealStraight has consistently been below 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 WACC % for a Real Estate company?
The median WACC % among Real Estate companies is 6.53, based on 1,842 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forval RealStraight's current WACC % of 3.83% is 41.3% below 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 WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Forval RealStraight and its competitors. For the Real Estate industry, the median WACC % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current WACC % is 3.83%, which is 17% below median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円156.23, compared to a current price of 円104.00 — trading 33.4% below its estimated fair value. The current WACC % is 3.83%, which is 17% below median its 10-year median of 4.59 and 41.3% below the Real Estate industry median of 6.53. Forval RealStraight's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For Forval RealStraight (TSE:9423), the current WACC % is 3.83% as of Jul. 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円104.00 is trading 33.4% below its estimated GF Value™ of 円156.23. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • WACC %: 3.83% (17% below median its 10-year median of 4.59)
  • GF Value™: 円156.23 vs. price of 円104.00 (33.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 41.3% below the Real Estate median (#442 of 1842)

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
71GF Score

Get the complete analysis for TSE:9423

WACC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円104.00
Price
円156.23
GF Value