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Kura Sushi Asia Co (2754) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 3.3B TWD

KS Kura Sushi Asia Co 2754 · TWO
Price73.00 TWD
Fair Value49.17 TWD
Upside-32.6%
Quality63/100
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Healthy Growth
Thin margins · 3.3% net margin
generates free cash flow
1.45% dividend yield
Ranks above peers (8/13)
Narrow moat 37/100
Evidence: High Range 30.37 TWD – 64.64 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price +4.9% over the past month.

A solid business, but screening 33% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (64.64 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (30.37 TWD to 64.64 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

216.87 TWD 58.73 TWD Fair Value 49.17 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 58.73 TWD – 216.87 TWD · fair‑value band 30.37 TWD – 64.64 TWD · the 73.00 TWD price screens above the 49.17 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Kura Sushi Asia Co (2754) currently trades at 73.00 TWD, while our model-based Fair Value estimate is 49.17 TWD, implying the stock looks roughly 32.6% overvalued today. The Quality Score stands at 63/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Kura Sushi Asia Co generated revenue of 5.9B TWD at a net margin of 3.3%. Revenue grew 11.1% year over year. It earns a return on equity of 11.1%. Net debt stands at 2.4B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 30.37 TWD (bear case) to 64.64 TWD (bull case); at 73.00 TWD, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -47% fair-value upside, at -33%, 2754 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Residual Income 29.26 TWD 30.20 TWD 30.56 TWD 76
Growth DCF 188.12 TWD 357.62 TWD 615.58 TWD 72
Gordon GGM 7.03 TWD 14.00 TWD 21.20 TWD 70
All 26 models by family
DCF Models
FCF DCF 193.59 TWD 338.15 TWD 693.20 TWD 38
Owner Earnings 172.41 TWD 331.66 TWD 627.73 TWD 31
5Y Revenue Exit 105.20 TWD 162.85 TWD 240.18 TWD 39
5Y EBITDA Exit 190.90 TWD 353.67 TWD 569.36 TWD 41
5Y P/E Exit 94.74 TWD 139.56 TWD 190.53 TWD 38
10Y Revenue Exit 131.09 TWD 199.01 TWD 304.43 TWD 36
10Y EBITDA Exit 190.32 TWD 341.99 TWD 595.12 TWD 37
10Y P/E Exit 125.93 TWD 181.56 TWD 260.59 TWD 35
Earnings-Based
Graham-Dodd 15.98 TWD 94.51 TWD 131.62 TWD 54
Lynch FV 26.84 TWD 38.34 TWD 49.84 TWD 50
PEG = 1.0 26.84 TWD 38.34 TWD 49.84 TWD 46
EPV 54.01 TWD 60.45 TWD 66.00 TWD 59
Dividend Discount
Gordon GGM 7.03 TWD 14.00 TWD 21.20 TWD 70
DDM Multi-Stage 7.03 TWD 12.10 TWD 14.78 TWD 61
Multiples
P/E Multiple 38.78 TWD 51.71 TWD 64.64 TWD 63
P/S Multiple 29.97 TWD 39.96 TWD 49.95 TWD 58
P/B Multiple 29.97 TWD 39.96 TWD 49.95 TWD 55
EV/EBIT 89.13 TWD 114.42 TWD 139.72 TWD 53
EV/EBITDA 199.28 TWD 261.28 TWD 323.29 TWD 54
EV/Revenue 64.40 TWD 86.32 TWD 108.24 TWD 43
Asset-Based
NCAV (Graham) 18.68 TWD 25.03 TWD 37.36 TWD 50
Growth DCF
Growth DCF 188.12 TWD 357.62 TWD 615.58 TWD 72
Rev-Margin DCF 105.20 TWD 162.57 TWD 242.72 TWD 67
Economic Profit
Residual Income 29.26 TWD 30.20 TWD 30.56 TWD 76
ROIC Compounder 61.51 TWD 81.28 TWD 108.69 TWD 67
Growth Earnings
Growth-Adj P/E 40.14 TWD 57.34 TWD 74.54 TWD 68

Widest divergence: DCF Models (199.01 TWD) versus Dividend Discount (12.10 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 5.9B TWD
Revenue growth (YoY) +11.1%
Net margin 3.3%
Return on equity 11.1%
Free cash flow 622M TWD FY2025
P/E ratio 29.7
More key figures
Operating margin 6.5%
EPS (TTM) 2.34 TWD
Dividend yield 1.5%
EPS growth (YoY) +66.1%
Net debt 2.4B TWD FY2023

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 63 · Market factors (momentum, volatility) 45

Profitability 50
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 68
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Kura Sushi Asia Co., Ltd. engages in food and beverage related businesses in Taiwan. It operates restaurants that offer sushi, warship, hand scroll, rolls, side dishes, desserts, and drinks. The company was founded in 1977 and is based in Taipei, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kura Sushi Asia Co reported revenue of 5.7B TWD in FY2025 versus 2.5B TWD in FY2021, a compound +22.6%/yr. Reported net income was 110M TWD in FY2025, compounding +49.0%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.7B TWD
Latest YoY
+6.0%
Avg. growth/yr (3Y) 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.
+14.1%
Avg. growth/yr (5Y) 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.
+18.8%
Avg. growth/yr (8Y) 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.
+27.0%
Revenue +22.6%/yr
FY21 2.5B TWD
FY22 3.8B TWD
FY23 5.0B TWD
FY24 5.4B TWD
FY25 5.7B TWD
Net income +49.0%/yr
FY21 22.3M TWD
FY22 241M TWD
FY23 212M TWD
FY24 108M TWD
FY25 110M TWD

2754 screens 33% overvalued. Compare with McDonald's Corporation →

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Cite: Fair Value Calculator (2026). "Kura Sushi Asia Co Fair Value". https://www.fairvalue-calculator.com/stock/2754

Peer Group

Restaurants · 227 stocks

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.

Quality Score 63 · Top 25%
Fair Value upside −33% · Below median
Return on equity (TTM) 11% · Above median
Return on assets 4% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 11% · Above median
Dividend yield (TTM) 1.5% · Below median

Valuation Multiples vs Restaurants median · lower = cheaper

P/E (TTM) 29.7× · Pricier than 75% of peers
P/B 1.86× · Pricier than median
P/S (TTM) 0.56× · Pricier than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 4.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 28
FUTURE 56 · sector 20
PAST 44 · sector 16
HEALTH 0 · sector 97
DIVIDEND 29 · sector 58

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Restaurants stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCDS C$24.01 C$10.84 -55%
Starbucks Corporation SBUX $105.49 $35.83 -66%
Chipotle Mexican Grill, Inc CMG $34.63 $18.43 -47%
Yum! Brands, Inc YUM $163.54 $59.66 -64%
Restaurant Brands International Inc QSR C$104.19 C$36.37 -65%
Darden Restaurants, Inc DRI $195.74 $173.68 -11%
Yum China Holdings YUMC $43.90 $55.10 +26%
Texas Roadhouse, Inc TXRH $197.03 $104.89 -47%
Dutch Bros Inc BROS $68.36 $12.80 -81%
Domino's Pizza, Inc DPZ $322.18 $231.96 -28%

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Frequently asked questions

Is Kura Sushi Asia Co (2754) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 49.17 TWD versus a price of 73.00 TWD, about −33% (overvalued).
What is the fair value of 2754?
Our model-based fair value for Kura Sushi Asia Co is 49.17 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 73.00 TWD.
What is the quality score of 2754?
Kura Sushi Asia Co has a Quality Score of 63/100. 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 revenue of Kura Sushi Asia Co (2754)?
Kura Sushi Asia Co reported trailing-twelve-month revenue of about 5.9B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 2754?
The net profit margin of Kura Sushi Asia Co is about 3.3%, meaning it keeps roughly 3.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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