Jafco Company Ltd (JFKOF) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Jafco Company Ltd stock $18.37, price $13.66, upside +34.5%, quality 71 out of 100. Rating: undervalued. Calculated from audited financials with 13 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 5, 2026.
How to read this chart
60‑month range $9.95 – $42.98 · fair‑value band $12.16 – $24.79 · the $13.66 price screens below the $18.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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JAFCO Group Co., Ltd. formerly known as JAFCO Co., Ltd. is a private equity and venture capital firm specializing in direct and fund of fund investments.
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Within direct investments, it invests in incubation, seed, startup, early stage, middle stage, late stage, growth capital, buyout, business succession, and spin-out related investments.
It seeks to invests in many fields such as life science, new drug development, regenerative medicine, medical equipment and healthcare, robotics, electronics, software, IT services, manufacturing, logistics, retail, restaurants, housing, and finance among others.
The firm invests in the United States of America, Japan, and Europe. JAFCO Group Co., Ltd. was founded on April 5, 1973 and is based in Tokyo, Japan with additional office in Osaka, Japan.
Stock analysis
Jafco Company Ltd (JFKOF) currently trades at $13.66, while our model-based Fair Value estimate is $18.37, implying the stock looks roughly 26% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $18.31 per share, and 6 of the 13 models we run sit above the $13.66 price.
Bear case: the Asset-Based group reads lowest at $11.59, and 7 of the 13 models stay below the price. Data coverage for this calculation is high.
Scenario range: $12.16 (bear) to $24.79 (bull), the price of $13.66 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 71/100 (solid quality), in the Financial Services sector.
Mixed Growth: Spin-off in 2023: revenue and profit before it include the divested business. Growth is measured afresh from 2023.
Jafco Company Ltd reported revenue of ¥21.6B in FY2026 versus ¥27.7B in FY2022, a compound −6.0%/yr. Reported net income was ¥6.6B in FY2026, compounding −18.7%/yr from FY2022.
Key figures
Market cap $719M Small · P/E ratio 14.4 · P/S ratio 4.37 · EPS (TTM) $0.9500 · Dividend yield 5.7% · Net margin 30.4% · Return on equity 4.6% · Return on assets (EBIT) 4.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (medium confidence).
What moves the price
The share trades about 26% above its previous 52-week high, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at 35%, JFKOF screens cheaper than that median.
Fair Value models
Bear$12.16Fair Value $18.37Bull$24.79
Price $13.66 · Upside +34.5%
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 ($0.1075 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.
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.55/100
Spin-off in 2023: revenue and profit before it include the divested business. Growth is measured afresh from 2023.
Revenue growth 1 year
−23.3%
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.
+15.4%
’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.
−11.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.3%
Dividend (yield on the price)5.7%
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.42% → 26%
Growth Forecast
Price in line with expectations
The price assumes about as much growth as 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).
+0.8%
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 −1.3% a year for the price.
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.Asset Management · 588 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score71 · Top 25%
Fair Value upside+34.5% · Above median
Profitability
Return on equity (12 months)4.6% · Below median
Return on assets4.2% · Above median
Net margin (12 months)29.4% · Below median
Operating margin (12 months)9.6% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−39.2% · Bottom 25%
Dividend yield (12 months)5.7% · Above median
Balance sheet
Debt / equity0.11× · Above median
Valuation Multiplesvs Asset Management median · lower = cheaper
P/E (12 months)14.4× · Pricier than median
P/B0.85× · Cheaper than median
P/S (12 months)5.17× · Pricier than median
Price / free cash flow (fiscal year)20.5× · 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). "Jafco Company Ltd Fair Value". https://www.fairvalue-calculator.com/stock/JFKOF
Frequently asked questions
Is Jafco Company Ltd (JFKOF) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of $18.37 versus the last price from Oct 29, 2026 of $13.66, about +35% upside (undervalued).
What is the fair value of JFKOF?
Our model-based fair value for Jafco Company Ltd is $18.37 (as of Nov 5, 2026), built from audited fundamentals. Last price (from Oct 29, 2026): $13.66.
What is the quality score of JFKOF?
Jafco Company Ltd has a Quality Score of 71/100. 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 Jafco Company Ltd (JFKOF)?
Our model-based price target is the fair value of $18.37 (as of Nov 5, 2026) from 13 valuation models. Cautious scenario $12.16, optimistic scenario $24.79. It is a calculation from audited fundamentals, not an analyst target.
What is the Jafco Company Ltd stock forecast for 2026?
Our models put fair value at $18.37, about +35% upside versus the last price from Oct 29, 2026 of $13.66 (undervalued). Cautious scenario $12.16, optimistic scenario $24.79. The calculation is refreshed regularly with new filings.
What is the revenue of Jafco Company Ltd (JFKOF)?
Jafco Company Ltd reported trailing-twelve-month revenue of about ¥22.0B (latest available figure, as of Nov 5, 2026).
Does Jafco Company Ltd pay a dividend?
Jafco Company Ltd currently shows a dividend yield of 5.66% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Jafco Company Ltd (JFKOF) and when is the ex-dividend date?
Jafco Company Ltd pays a dividend of $0.773 per share a year, a dividend yield of 5.7%. The next ex-dividend date is Mar 30, 2027. The payout ratio is 98.1% of earnings. Free cash flow covers the dividend 0.86 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Jafco Company Ltd (JFKOF)?
For today's price to be fair in a discounted-cash-flow model, Jafco Company Ltd would have to grow free cash flow by +0.8 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +0.1 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of JFKOF use?
Our models discount Jafco Company Ltd at 9.8 %: a base by market capitalisation (small), damped by beta 0.44, 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 Jafco Company Ltd that is +0.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.8 %) and the same formula as our fair value.
How much growth has Jafco Company Ltd (JFKOF) delivered so far?
Over the past 5 years revenue at Jafco Company Ltd grew +0.1 % a year. The price currently implies free-cash-flow growth of +0.8 % 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 Jafco Company Ltd (JFKOF) growing?
The median revenue growth in the sector is +6.0 % a year. That is the yardstick for the growth priced into Jafco Company Ltd (+0.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Jafco Company Ltd (JFKOF)?
The free-cash-flow yield on the price is 4.89 %: that much free cash flow Jafco Company Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Jafco Company Ltd (JFKOF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Jafco Company Ltd it is $18.37 per share (as of Nov 5, 2026), against a price of $13.66. It is the blended result of 13 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Jafco Company Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, JFKOF trades below its calculated fair value: price $13.66, fair value $18.37, a gap of about +35% (undervalued). 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 JFKOF?
No. The price is what the market pays today ($13.66); the fair value is what the company's own numbers justify ($18.37). For Jafco Company Ltd the two are $4.71 per share apart. That gap is exactly why we show both numbers side by side.
How much is Jafco Company Ltd worth?
The market values Jafco Company Ltd at about $719M (market capitalisation, as of Nov 5, 2026). Per share that is $13.66; our models calculate a fair value of $18.37 per share.
What do the bullish and bearish scenarios say about JFKOF?
Our models span a range for Jafco Company Ltd: cautious scenario $12.16, base $18.37, optimistic $24.79 per share (as of Nov 5, 2026, price $13.66). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of JFKOF?
Jafco Company Ltd trades at a price-to-earnings ratio of 14.4 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $18.37 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2021 to 2026), reported earnings: 12.7. Other multiples: P/B 0.9, P/S 5.2, EV/EBITDA 8.0.
How solid is the balance sheet of Jafco Company Ltd (JFKOF)?
Balance-sheet figures for Jafco Company Ltd (as of Nov 5, 2026): return on equity 4.6%, debt of 0.11 per unit of equity. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is JFKOF from its 52-week high?
Jafco Company Ltd trades at $13.66, about 26% above its previous 52-week high of $10.80 and 43% above the low of $9.54 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $18.37 is for.
Which stocks are comparable to Jafco Company Ltd?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Asset Management Ltd, KKR & Co, Apollo Global Management, Inc, 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 Jafco Company Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price $13.66, calculated fair value $18.37 (+35%), Quality Score 71/100, from 13 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 JFKOF calculated?
We run Jafco Company Ltd through 13 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $18.37 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 13.0% above its aggregate fair value. Jafco Company Ltd currently trades 26% below its own fair value, and the market average says nothing about that. 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 Jafco Company Ltd (JFKOF)?
The latest price we hold is from Oct 29, 2026 and stands at $13.66. Our model-based fair value is $18.37, about +35% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Jafco Company Ltd right now?
Solid quality (71/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($12.16 to $24.79) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Jafco Company Ltd
How large is the market capitalisation of Jafco Company Ltd (JFKOF)?
The market capitalisation of Jafco Company Ltd is $719M. 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 Jafco Company Ltd (JFKOF)?
The price-to-sales ratio of Jafco Company Ltd is 4.37 (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 Jafco Company Ltd (JFKOF)?
Earnings per share at Jafco Company Ltd are $0.9500 (price ÷ EPS = P/E 14.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Jafco Company Ltd (JFKOF)?
The dividend yield of Jafco Company Ltd is 5.7% (payout 81.4%). 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 Jafco Company Ltd (JFKOF)?
The net margin of Jafco Company Ltd is 30.4% (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 Jafco Company Ltd (JFKOF)?
The return on equity (ROE) of Jafco Company Ltd is 4.6% (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 Jafco Company Ltd (JFKOF)?
On an EBIT basis the return on assets of Jafco Company Ltd is 4.0% (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 Jafco Company Ltd (JFKOF)?
The operating margin of Jafco Company Ltd is 9.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Jafco Company Ltd (JFKOF)?
Revenue at Jafco Company Ltd is growing −39.2% versus a year earlier (3y avg +15.4%). 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 Jafco Company Ltd (JFKOF)?
Earnings per share at Jafco Company Ltd are growing −72.3% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Nov 5, 2026