What is Nitori Holdings Co., Ltd. (NCLTY)'s fair-value range?

EvidInvest reads Nitori Holdings Co., Ltd. (NCLTY)'s market price back into the assumptions behind it — the implied P/E, growth rate and cash yield — using its latest filed financials, then lets you set your own. See the full DCF, Graham number, EPV and multiple-based methods at https://evidinvest.com/valuation/NCLTY.

How is Nitori Holdings Co., Ltd. (NCLTY)'s fair value calculated?

Nitori Holdings Co., Ltd. (NCLTY)'s fair value is computed with several independent methods — a discounted cash flow (DCF) model, the Graham number, earnings power value (EPV), and valuation multiples such as PE and EV/EBITDA — using data from SEC filings. P/B is optional for non-financial companies and included in the preset range for financial sectors.

Which filing are Nitori Holdings Co., Ltd. (NCLTY)'s valuation inputs based on?

Inputs come from the FY2026 20-F. Source: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1801729&type=20-F&dateb=&owner=include&count=10

Fair value · Nitori Holdings Co., Ltd. (NCLTY) · updated 2026-11-06 · from 20-F FY2026

Nitori Holdings Co. trades at $9.48. We are not reading assumptions out of that price: this is a depositary receipt and we cannot show whether its per-share figures are stated per ADS or per ordinary share, so these methods are withheld rather than shown at a scale we cannot verify.

Name: Nitori Holdings Co., Ltd. (NCLTY) valuation inputs and fair-value methods
Creator: EvidInvest
License: https://evidinvest.com/subscription-terms

Everything below is unaffected: the filed statements, the filing they came from, and NCLTY’s growth history are all as reported.

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Inputs come from the FY2026 20-F; set your own on the sliders below. Research, not investment advice.

The filing behind these numbers

Nitori Holdings Co., Ltd.

Revenue: JPY 967.3B
Diluted EPS: JPY 83.09
Free cash flow: JPY 114.0B; operating cash flow − capital expenditure
Diluted shares: 1.13B; weighted average

20-F FY2026 · fiscal year ended 2026-03-31 · filed 2026-03-31

Trailing-twelve-month EPS also uses the quarterly 6-Ks through Q1 FY2027 (filed 2026-06-30).

Open the 20-F list on sec.govCIK 1801729

Valuation tool: build your own NCLTY range

Fair Value Summary

Daily Price — NCLTY

$7.39 -2.6% (1Y)

Your range0 of 7 methods

At least two methods need a usable value to draw a range with these inputs.

Range with preset inputs

No preset range for this company yet.

The two ranges are identical because every input sits on a preset.

We don’t tell you what NCLTY is worth. Every tab OPENS on what today’s price implies for that method’s key assumption; you decide whether that assumption is reasonable — the growth matrix has NCLTY’s filed history and the AI chat will reason it through with you — and the range you build is yours. Our presets are filed history and reference settings, never a recommendation.

Discounted cash flow

N/A

This is a depositary receipt and we cannot show whether its per-share figures are stated per ADS or per ordinary share, so these methods are withheld rather than shown at a scale we cannot verify.

Preset inputs — revenue-driven DCF from the latest filing

Implied by today’s price

This is a depositary receipt and we cannot show whether its per-share figures are stated per ADS or per ordinary share, so these methods are withheld rather than shown at a scale we cannot verify.

Not solvable from the price — This is a depositary receipt and we cannot show whether its per-share figures are stated per ADS or per ordinary share, so these methods are withheld rather than shown at a scale we cannot verify. Showing preset inputs.

This method has no key input to read out of the price. The others below do, and you set them yourself: the growth matrix shows what NCLTY has actually filed, and the AI chat will reason it through with you.

Your inputs

Free cash flow grows at your stage-1 rate, then your stage-2 rate, then a terminal rate; everything is discounted at your WACC.

Stage-1 growth60.0%

Yearly free-cash-flow growth for the first stage. Starts below zero so a shrinking-cash-flow case — and the rate today’s price implies — can be set.

-20.0%90.0%

Stage-1 years5 yrs

How long stage-1 growth lasts.

1 yrs10 yrs

Stage-2 growth11.9%

Slower growth after stage 1, before the terminal phase.

-20.0%30.0%

Stage-2 years5 yrs

0 yrs10 yrs

Terminal growth2.5%

Growth forever after the two stages. Above ~3% is rarely justified.

0.0%5.0%

Discount rate (WACC)7.29%

The return you require. Default is the WACC EvidInvest computed for this company. Higher discount rate, lower value.

3.00%15.00%

Net debt ($M)Debt minus cash, from the balance sheet. Subtracted from enterprise value.

Starting FCF ($M)Latest free cash flow from the filing (operating cash flow minus capex).

Shares (M)Diluted shares, from the filing.

Year by year (two-stage model, $M)

PV explicit $43,806M · PV terminal $139,268M · EV $183,074M · equity $181,443M

Year	Stage	FCF	Present value
1	Stage 1	$1,144M	$1,066M
2	Stage 1	$1,830M	$1,590M
3	Stage 1	$2,929M	$2,371M
4	Stage 1	$4,686M	$3,536M
5	Stage 1	$7,497M	$5,274M
6	Stage 2	$8,389M	$5,500M
7	Stage 2	$9,388M	$5,737M
8	Stage 2	$10,505M	$5,983M
9	Stage 2	$11,755M	$6,240M
10	Stage 2	$13,154M	$6,508M

Inputs from the filing

Statements filed in JPY, converted to USD at the 2026-03-31 period-end rate (159.50 JPY per USD; ECB reference rates).

Free cash flow: $0; sum of the last four quarters
EBIT: $808.8M; latest annual
Shares: 1.13B
Total debt: $2.5B
Cash: $913.1M
Net debt: $1.6B; debt − cash

20-F FY2026 · period ended 2026-03-31 · filed 2026-03-31 · sec.gov

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Nitori Holdings Co. trades at $9.48. We are not reading assumptions out of that price: this is a depositary receipt and we cannot show whether its per-share figures are stated per ADS or per ordinary share, so these methods are withheld rather than shown at a scale we cannot verify.

The filing behind these numbers

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Daily Price — NCLTY

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Year by year (two-stage model, $M)

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Valuation tool: build your own NCLTY range

Daily Price — NCLTY

Your range0 of 7 methods

Range with preset inputs

Your inputs

Year by year (two-stage model, $M)

More on NCLTY

Compare with peers

Explore