Sansan, Inc (SNSNF) fair value: what the stock is really worth
As of Oct 30, 2026: fair value (intrinsic value) of Sansan, Inc stock $9.65, price $13.86, that is 30.4% below the price, quality 76 out of 100. Rating: overvalued. Calculated from audited financials with 24 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 8, 2026.
How to read this chart
30‑month range $6.76 – $14.69 · fair‑value band $7.24 – $14.37 · the $13.86 price screens above the $9.65 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Sansan, Inc. engages in the planning, development, and selling of cloud-based solutions in Japan.
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The company offers Sansan, a cloud-based solution that manages business cards and contacts, and company information, as well as sales history, enabling the sharing of this data companywide to increase net sales while reducing costs; Bill One, a cloud-based solution to receive and digitizes all invoices; Contract One, a digitally transforming solution; AskOne, a multichannel form that collects customer feedback from all touchpoints and supports continuous improvements in customer experience; and Eight, a business card app for contacts and career movements.
It also provides logmi Biz, Finance, and Tech, an event transcription service that logs complete transcriptions of press conferences, events, and interviews and delivers information to the audience. Sansan, Inc. was incorporated in 2007 and is headquartered in Tokyo, Japan.
Stock analysis
Sansan, Inc (SNSNF) currently trades at $13.86, while our model-based Fair Value estimate is $9.65, 30% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $12.85 per share, and 3 of the 24 models we run sit above the $13.86 price.
Bear case: the Economic Profit group reads lowest at $3.45, and 21 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $7.24 (bear) to $14.37 (bull), the price of $13.86 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 76/100 (high quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Sansan, Inc reported revenue of ¥53.8B in FY2026 versus ¥20.4B in FY2022, a compound +27.4%/yr. Reported net income was ¥6.8B in FY2026, compounding +67.7%/yr from FY2022.
Key figures
Market cap $1.7B Small · P/E ratio 39.6 · P/S ratio 4.99 · EPS (TTM) $0.3500 · Net margin 12.6% · Return on equity 44.5% · Return on assets (EBIT) 5.5% (5-year average) · Operating margin 15.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (low confidence).
What moves the price
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at −30%, SNSNF screens richer than that median.
Fair Value models
Bear$7.24Fair Value $9.65Bull$14.37
Price $13.86 · Downside -30.4%
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.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.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+24.4%
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.
+28.2%
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in JPY (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+32.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+32.6%
Dividend (yield on the price)0.0%
Profit margin 2022 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.3% → 15%
2026 sits 883% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
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).
+22.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+16.6%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about +20.4% a year for the price and +14.2% for the forecasts.
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.Software - Application · 630 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score76 · Top 25%
Fair Value upside−30.4% · Below median
Profitability
Return on equity (12 months)44.5% · Top 25%
Return on assets12.3% · Top 25%
Net margin (12 months)14.3% · Top 25%
Operating margin (12 months)15.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)20.1% · Top 25%
Dividend yield (12 months)18.0% · Top 25%
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Software - Application median · lower = cheaper
P/E (12 months)39.6× · Pricier than median
P/B13.18× · Priciest 25%
P/S (12 months)4.93× · Pricier than median
Price / free cash flow (fiscal year)31.6× · Pricier than median
EV/EBITDA12.7× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 29
FUTURE (revenue growth)100· sector 40
PAST (return on equity)100· sector 20
HEALTH (low debt)98· sector 98
DIVIDEND (yield)0· sector 29
VALUE 0: the price sits above our fair-value range.
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). "Sansan, Inc Fair Value". https://www.fairvalue-calculator.com/stock/SNSNF
Frequently asked questions
Is Sansan, Inc (SNSNF) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $9.65 versus the last price from Oct 30, 2026 of $13.86, about 30% lower (overvalued).
What is the fair value of SNSNF?
Our model-based fair value for Sansan, Inc is $9.65 (as of Nov 8, 2026), built from audited fundamentals. Last price (from Oct 30, 2026): $13.86.
What is the quality score of SNSNF?
Sansan, Inc has a Quality Score of 76/100. 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 Sansan, Inc (SNSNF)?
Our model-based price target is the fair value of $9.65 (as of Nov 8, 2026) from 24 valuation models. Cautious scenario $7.24, optimistic scenario $14.37. It is a calculation from audited fundamentals, not an analyst target.
What is the Sansan, Inc stock forecast for 2026?
Our models put fair value at $9.65, about 30% lower versus the last price from Oct 30, 2026 of $13.86 (overvalued). Cautious scenario $7.24, optimistic scenario $14.37. The calculation is refreshed regularly with new filings.
What is the revenue of Sansan, Inc (SNSNF)?
Sansan, Inc reported trailing-twelve-month revenue of about ¥56.2B (latest available figure, as of Nov 8, 2026).
What growth is priced into Sansan, Inc (SNSNF)?
For today's price to be fair in a discounted-cash-flow model, Sansan, Inc would have to grow free cash flow by +22.9 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +27.4 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of SNSNF use?
Our models discount Sansan, Inc at 12.6 %: a base by market capitalisation (small), damped by beta 1.50, 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 Sansan, Inc that is +22.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has Sansan, Inc (SNSNF) delivered so far?
Over the past 4 years revenue at Sansan, Inc grew +27.4 % a year. The price currently implies free-cash-flow growth of +22.9 % 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 Sansan, Inc (SNSNF) growing?
The median revenue growth in the sector is +15.9 % a year. That is the yardstick for the growth priced into Sansan, Inc (+22.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sansan, Inc (SNSNF)?
The free-cash-flow yield on the price is 3.16 %: that much free cash flow Sansan, Inc produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sansan, Inc (SNSNF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sansan, Inc it is $9.65 per share (as of Nov 8, 2026), against a price of $13.86. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Sansan, Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, SNSNF trades above its calculated fair value: price $13.86, fair value $9.65, a gap of about −30% (overvalued). 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 SNSNF?
No. The price is what the market pays today ($13.86); the fair value is what the company's own numbers justify ($9.65). For Sansan, Inc the two are $4.21 per share apart. That gap is exactly why we show both numbers side by side.
How much is Sansan, Inc worth?
The market values Sansan, Inc at about $1.7B (market capitalisation, as of Nov 8, 2026). Per share that is $13.86; our models calculate a fair value of $9.65 per share.
What do the bullish and bearish scenarios say about SNSNF?
Our models span a range for Sansan, Inc: cautious scenario $7.24, base $9.65, optimistic $14.37 per share (as of Nov 8, 2026, price $13.86). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SNSNF?
Sansan, Inc trades at a price-to-earnings ratio of 39.6 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $9.65 is built from several models across several years. Other multiples: P/B 13.2, P/S 4.9, EV/EBITDA 12.7.
How solid is the balance sheet of Sansan, Inc (SNSNF)?
Balance-sheet figures for Sansan, Inc (as of Nov 8, 2026): return on equity 44.5%, debt of 0.05 per unit of equity. They feed the Quality Score of 76/100, which measures business quality independently of the share price.
Which stocks are comparable to Sansan, Inc?
From the same area (Technology) we also value SAP SE, Salesforce, Inc, Shopify Inc, ServiceNow, 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 Sansan, Inc stock attractive at the current price?
The data as of Nov 8, 2026: price $13.86, calculated fair value $9.65 (−30%), Quality Score 76/100, from 24 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 SNSNF calculated?
We run Sansan, Inc through 24 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $9.65 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. Sansan, Inc 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 Sansan, Inc (SNSNF)?
The latest price we hold is from Oct 30, 2026 and stands at $13.86. Our model-based fair value is $9.65, about 30% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sansan, Inc right now?
A high-quality business (quality 76/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. A fairly wide model range ($7.24 to $14.37) leaves room in how you read the outcome.
Key figures of Sansan, Inc
How large is the market capitalisation of Sansan, Inc (SNSNF)?
The market capitalisation of Sansan, Inc is $1.7B. 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 Sansan, Inc (SNSNF)?
The price-to-sales ratio of Sansan, Inc is 4.99 (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 Sansan, Inc (SNSNF)?
Earnings per share at Sansan, Inc are $0.3500 (price ÷ EPS = P/E 39.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Sansan, Inc (SNSNF)?
The net margin of Sansan, Inc is 12.6% (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 Sansan, Inc (SNSNF)?
The return on equity (ROE) of Sansan, Inc is 44.5% (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 Sansan, Inc (SNSNF)?
On an EBIT basis the return on assets of Sansan, Inc is 5.5% (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 Sansan, Inc (SNSNF)?
The operating margin of Sansan, Inc is 15.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sansan, Inc (SNSNF)?
Revenue at Sansan, Inc is growing +20.1% versus a year earlier (3y avg +28.2%). 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 Sansan, Inc (SNSNF)?
Earnings per share at Sansan, Inc are growing +425% versus a year earlier. How much earnings per share grew versus a year earlier.
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Some data
Nov 8, 2026