Nagase & Company Ltd (NGSCF) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Nagase & Company Ltd stock $6.71, price $6.76, that is 0.8% below the price, quality 43 out of 100. Rating: fairly valued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range $2.05 – $6.89 · fair‑value band $3.89 – $9.97 · the $6.76 price screens above the $6.71 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Nagase & Co., Ltd. manufactures, imports/exports, and sells chemicals, plastics, electronics materials, cosmetics, and health foods worldwide.
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It offers paints/inks, dyestuffs, pigments, additives, thermal paper materials, toner, inkjet materials, adhesives, urethane materials, plastic and other auxiliary materials, industrial oil solutions, water processing raw materials, fluorochemicals, silicone materials, environmental solutions, metal filters, coatings, urethane foam, synthesis, electronics chemicals, digital print processing materials, communications equipment, metal processing, stationery, functional film and sheet, and hygiene materials.
It also provides thermoplastic and thermosetting resins, resin molding tools/dies, and products for office equipment, home appliances, electrical equipment, mobile communications, games, packaging, and construction materials.
The company offers epoxy resins, fluorine products, precision abrasives, semiconductor assembly materials and devices, display panel components and devices, chemical management equipment, vacuum equipment, liquid state analysis equipment, LEDs, 3D printing products, solar panels, and electronic component materials for AR/VR, electrical, HDD, automotive and aircraft, display, touch panels, housing, lighting, renewable energy, and commercial facilities.
It provides plastic products for secondary batteries, electrification, sensor components, in-vehicle electronics products, in-vehicle display-related components, and other related products.
The company offers pharmaceutical materials, research products, diagnostic reagents, food ingredients and additives, sports nutrition products, nutrient premixes, cosmetic materials and additives, and agricultural, fisheries, and other materials to the pharmaceutical, food and beverage, cosmetics, agricultural, toiletries, health care, and other industries.
The company was founded in 1832 and is headquartered in Osaka, Japan.
Stock analysis
Nagase & Company Ltd (NGSCF) currently trades at $6.76, while our model-based Fair Value estimate is $6.71, so the stock looks roughly fairly valued today (gap 0.8%).
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Valuation
Bull case: the Multiples group reads highest at a median of $10.31 per share, and 15 of the 25 models we run sit above the $6.76 price.
Bear case: the Asset-Based group reads lowest at $1.87, and 10 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: $3.89 (bear) to $9.97 (bull), the price of $6.76 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Nagase & Company Ltd reported revenue of ¥973B in FY2026 versus ¥781B in FY2022, a compound +5.7%/yr. Reported net income was ¥33.1B in FY2026, compounding +6.3%/yr from FY2022.
Key figures
Market cap $3.0B Mid · P/E ratio 10.9 · P/S ratio 0.37 · EPS (TTM) $0.6200 · Dividend yield 2.3% · Net margin 3.4% · Return on equity 9.7% · Return on assets (EBIT) 4.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 127% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −41% fair-value upside, at −1%, NGSCF screens cheaper than that median.
Fair Value models
Bear$3.89Fair Value $6.71Bull$9.97
Price $6.76 · Downside -0.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then ($0.2833 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF$3.29$5.35$8.5179
Growth DCF$3.41$5.30$8.0778
Residual Income$5.59$5.98$6.8176
All 25 models by family
DCF Models
FCF DCF$3.29$5.35$8.5179
Owner Earnings$3.81$6.14$9.7275
5Y Revenue Exit$4.59$7.91$12.0771
5Y EBITDA Exit$6.31$11.01$16.3974
5Y P/E Exit$5.36$9.30$13.3170
10Y Revenue Exit$3.90$6.84$10.6465
10Y EBITDA Exit$5.20$9.00$13.9167
10Y P/E Exit$4.59$7.81$11.5863
Earnings-Based
Graham-Dodd$3.49$9.16$11.9665
PEG = 1.0$1.75$2.50$3.2557
EPV$4.79$5.75$6.6171
Dividend Discount
Gordon GGM$1.43$3.04$5.2465
DDM Multi-Stage$1.43$2.25$3.1666
Multiples
P/E Multiple$8.09$10.79$13.4963
P/S Multiple$6.55$8.74$10.9258
P/B Multiple$18.68$24.91$31.1455
EV/EBIT$6.88$9.83$12.7865
EV/EBITDA$7.77$11.01$14.2667
EV/Revenue$4.35$7.06$9.7653
Asset-Based
NCAV (Graham)$1.23$1.87$2.3355
Growth DCF
Growth DCF$3.41$5.30$8.0778
Rev-Margin DCF$4.59$7.90$11.5172
Economic Profit
Residual Income$5.59$5.98$6.8176
ROIC Compounder$4.79$5.75$6.6172
Growth Earnings
Growth-Adj P/E$6.33$9.04$11.7567
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.74/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+2.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.2%
Start year 2021 (pandemic)
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in JPY ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−12.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−15.1%
Dividend (yield on the price)2.3%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4% → 5%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+12.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about +10.4% a year for the price.
AI conclusion: The company's headquarters consolidation seeks to strengthen co-creation across specialty chemicals and mobility solutions, yet weak profitability metrics and high leverage relative to equity continue to constrain its position.
Main risk: High leverage relative to equity stands as the main risk and could limit refinancing flexibility as well as the operational agility central to its trading and distribution activities.
Nagase just completed its new Tokyo headquarters and brought 16 group companies plus about 1,500 employees into one building to drive One NAGASE collaboration. The stated goal is tighter co-creation across specialty chemicals and mobility solutions. Will this consolidation unlock more joint innovation than it adds layers that slow the trading and distribution agility the company has relied on for decades?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Chemicals · 727 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside−0.8% · Above median
Profitability
Return on equity (12 months)9.7% · Above median
Return on assets3.8% · Above median
Net margin (12 months)4.0% · Below median
Operating margin (12 months)6.1% · Below median
Growth and dividend
Revenue growth (quarter YoY)17.9% · Above median
Dividend yield (12 months)2.3% · Above median
Balance sheet
Debt / equity0.21× · Above median
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)10.9× · Cheapest 25%
P/B1.03× · Cheaper than median
P/S (12 months)0.43× · Cheapest 25%
Price / free cash flow (fiscal year)22.1× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Nagase & Company Ltd Fair Value". https://www.fairvalue-calculator.com/stock/NGSCF
Frequently asked questions
Is Nagase & Company Ltd (NGSCF) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of $6.71 versus a price of $6.76, about 1% lower (fairly valued).
What is the fair value of NGSCF?
Our model-based fair value for Nagase & Company Ltd is $6.71 (as of Nov 9, 2026), built from audited fundamentals. The current price: $6.76.
What is the quality score of NGSCF?
Nagase & Company Ltd has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Nagase & Company Ltd (NGSCF)?
Our model-based price target is the fair value of $6.71 (as of Nov 9, 2026) from 25 valuation models. Cautious scenario $3.89, optimistic scenario $9.97. It is a calculation from audited fundamentals, not an analyst target.
What is the Nagase & Company Ltd stock forecast for 2026?
Our models put fair value at $6.71, about 1% lower versus a price of $6.76 (fairly valued). Cautious scenario $3.89, optimistic scenario $9.97. The calculation is refreshed regularly with new filings.
What is the revenue of Nagase & Company Ltd (NGSCF)?
Nagase & Company Ltd reported trailing-twelve-month revenue of about ¥1.0T (latest available figure, as of Nov 9, 2026).
Does Nagase & Company Ltd pay a dividend?
Nagase & Company Ltd currently shows a dividend yield of 2.34% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Nagase & Company Ltd (NGSCF) and when is the ex-dividend date?
Nagase & Company Ltd pays a dividend of $0.158 per share a year, a dividend yield of 2.3%. The next ex-dividend date is Mar 30, 2027. The payout ratio is 30.8% of earnings. Free cash flow covers the dividend 1.93 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Nagase & Company Ltd (NGSCF)?
For today's price to be fair in a discounted-cash-flow model, Nagase & Company Ltd would have to grow free cash flow by +12.7 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.2 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of NGSCF use?
Our models discount Nagase & Company Ltd at 8.5 %: a base by market capitalisation (mid), damped by beta 0.34, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Nagase & Company Ltd that is +12.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Nagase & Company Ltd (NGSCF) delivered so far?
Over the past 5 years revenue at Nagase & Company Ltd grew +9.2 % a year. The price currently implies free-cash-flow growth of +12.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Nagase & Company Ltd (NGSCF) growing?
The median revenue growth in the sector is +10.9 % a year. That is the yardstick for the growth priced into Nagase & Company Ltd (+12.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Nagase & Company Ltd (NGSCF)?
The free-cash-flow yield on the price is 4.52 %: that much free cash flow Nagase & Company Ltd produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Nagase & Company Ltd (NGSCF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nagase & Company Ltd it is $6.71 per share (as of Nov 9, 2026), against a price of $6.76. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Nagase & Company Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, NGSCF trades above its calculated fair value: price $6.76, fair value $6.71, a gap of about −1% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NGSCF?
No. The price is what the market pays today ($6.76); the fair value is what the company's own numbers justify ($6.71). For Nagase & Company Ltd the two are $0.0553 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nagase & Company Ltd worth?
The market values Nagase & Company Ltd at about $3.0B (market capitalisation, as of Nov 9, 2026). Per share that is $6.76; our models calculate a fair value of $6.71 per share.
What do the bullish and bearish scenarios say about NGSCF?
Our models span a range for Nagase & Company Ltd: cautious scenario $3.89, base $6.71, optimistic $9.97 per share (as of Nov 9, 2026, price $6.76). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NGSCF?
Nagase & Company Ltd trades at a price-to-earnings ratio of 10.9 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $6.71 is built from several models across several years. Other multiples: P/B 1.0, P/S 0.4, EV/EBITDA 7.2.
How solid is the balance sheet of Nagase & Company Ltd (NGSCF)?
Balance-sheet figures for Nagase & Company Ltd (as of Nov 9, 2026): return on equity 9.7%, debt of 0.21 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is NGSCF from its 52-week high?
Nagase & Company Ltd trades at $6.76, about 10% below its 52-week high of $7.50 and 127% above the low of $2.98 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $6.71 is for.
Which stocks are comparable to Nagase & Company Ltd?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Nagase & Company Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price $6.76, calculated fair value $6.71 (−1%), Quality Score 43/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NGSCF calculated?
We run Nagase & Company Ltd through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $6.71 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.7% above its aggregate fair value. Nagase & Company Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Nagase & Company Ltd (NGSCF)?
The closing price on Nov 6, 2026 was $6.76. Our model-based fair value is $6.71, about 1% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nagase & Company Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($3.89 to $9.97) leaves room in how you read the outcome.
Key figures of Nagase & Company Ltd
How large is the market capitalisation of Nagase & Company Ltd (NGSCF)?
The market capitalisation of Nagase & Company Ltd is $3.0B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Nagase & Company Ltd (NGSCF)?
The price-to-sales ratio of Nagase & Company Ltd is 0.37 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Nagase & Company Ltd (NGSCF)?
Earnings per share at Nagase & Company Ltd are $0.6200 (price ÷ EPS = P/E 10.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Nagase & Company Ltd (NGSCF)?
The dividend yield of Nagase & Company Ltd is 2.3% (payout 25.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Nagase & Company Ltd (NGSCF)?
The net margin of Nagase & Company Ltd is 3.4% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Nagase & Company Ltd (NGSCF)?
The return on equity (ROE) of Nagase & Company Ltd is 9.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Nagase & Company Ltd (NGSCF)?
On an EBIT basis the return on assets of Nagase & Company Ltd is 4.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Nagase & Company Ltd (NGSCF)?
The operating margin of Nagase & Company Ltd is 6.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Nagase & Company Ltd (NGSCF)?
Revenue at Nagase & Company Ltd is growing +17.9% versus a year earlier (3y avg +2.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Nagase & Company Ltd (NGSCF)?
Earnings per share at Nagase & Company Ltd are growing +107% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Nagase & Company Ltd (NGSCF) carry?
The net debt of Nagase & Company Ltd is ¥127B (fiscal year 2026, ≈ 6.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 9, 2026