DTS Corporation (DA9) fair value: what the stock is really worth
As of Oct 23, 2026: fair value (intrinsic value) of DTS Corporation stock €7.69, price €6.98, upside +10.3%, quality 62 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?Yes
Good quality?Yes
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 26, 2026.
How to read this chart
60‑month range €3.90 – €7.47 · fair‑value band €4.91 – €11.36 · the €6.98 price screens below the €7.69 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 26, 2026.
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DTS Corporation provides systems integration services in Japan. It operates through Operations & Solutions, Technology & Solutions, and Platforms & Services segments.
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The company offers Amazon Workspace; ASTERIA Warp, a non- programming collaboration tools; Unifinity, a mobile app no-code development platform; intra-mart; TERASOLUNA; DAVinCI LABS; GeneXus; SkyPDF, a paperless solution; Network Integration Services; BizWise, an application package for insurance agents; Snowflake, A data utilization platform; mcframe, a global supply chain management industry; ReSM and ReSM plus, a platform for operation and employee support desk service; AMLion, an anti-money laundering software; eG-Connector; walk in home; kintone; PCI DSS; Re Notes; VDI solution; and SAP. It also provides intra-mart; DaTaStudio@WEB; ServiceNow; Store Intelligence; GalleriaSolo; Geminiot, AI-based 3rd generation BI; Pasteriot.mi, a manufacturing data utilization solutions; Atlassian, an agile and devOps solutions; Statistical analysis migration service; administrative support tools for banks and credit unions; RiskRecon by mastercard, a third party cyber risk assessment; Secure Workplace; geminiot; SkyPDF; Atlassian; Outsystems, an AI powered low-code platform; Secure Workplace, a corporate productivity and resilience management; Informatica, a data integration platform; Informatica; BizWise; and TRM labs, a crypto tracking and management tool.
The company serves finance, insurance, local and government agencies, information and communications, retail and distribution, manufacturing, architecture and real estate, and medical and welfare industries. The company was incorporated in 1972 and is headquartered in Tokyo, Japan.
Stock analysis
DTS Corporation (DA9) currently trades at €6.98, while our model-based Fair Value estimate is €7.69, implying the stock looks roughly 9.3% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of €11.91 per share, and 15 of the 26 models we run sit above the €6.98 price.
Bear case: the Asset-Based group reads lowest at €1.45, and 11 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: €4.91 (bear) to €11.36 (bull), the price of €6.98 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 62/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
DTS Corporation reported revenue of ¥135B in FY2026 versus ¥94.5B in FY2022, a compound +9.4%/yr. Reported net income was ¥11.6B in FY2026, compounding +10.3%/yr from FY2022.
Key figures
Market cap €1.1B Small · P/E ratio 17.9 · P/S ratio 1.54 · EPS (TTM) €0.3900 · Dividend yield 3.0% · Net margin 8.6% · Return on equity 19.1% · Return on assets (EBIT) 16.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 61 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 36% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 33% fair-value upside, at 10%, DA9 screens richer than that median.
Fair Value models
Bear€4.91Fair Value €7.69Bull€11.36
Price €6.98 · Upside +10.3%
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 (€0.1035 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€4.04€5.47€7.4479
Growth DCF€4.07€5.30€6.9177
Owner Earnings€3.81€5.12€6.9475
All 26 models by family
DCF Models
FCF DCF€4.04€5.47€7.4479
Owner Earnings€3.81€5.12€6.9475
5Y Revenue Exit€5.42€8.36€12.1570
5Y EBITDA Exit€6.99€11.30€16.3872
5Y P/E Exit€7.10€11.52€16.1968
10Y Revenue Exit€4.69€7.13€10.4764
10Y EBITDA Exit€5.77€9.05€13.5065
10Y P/E Exit€5.84€9.19€13.3661
Earnings-Based
Graham-Dodd€2.89€9.19€12.2564
Lynch FV€2.03€2.89€3.7661
PEG = 1.0€2.03€2.89€3.7657
EPV€5.01€5.58€6.0570
Dividend Discount
Gordon GGM€1.63€3.04€4.3267
DDM Multi-Stage€1.63€2.60€3.2367
Multiples
P/E Multiple€8.94€11.91€14.8963
P/S Multiple€5.42€7.23€9.0458
P/B Multiple€9.54€12.72€15.9055
EV/EBIT€11.90€15.50€19.1163
EV/EBITDA€9.81€12.72€15.6364
EV/Revenue€6.55€8.90€11.2451
Asset-Based
NCAV (Graham)€0.9600€1.45€1.8152
Growth DCF
Growth DCF€4.07€5.30€6.9177
Rev-Margin DCF€5.42€8.33€11.6770
Economic Profit
Residual Income€2.48€3.13€4.6075
ROIC Compounder€5.23€6.08€6.9670
Growth Earnings
Growth-Adj P/E€7.24€10.34€13.4467
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.77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+7.4%
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.
+8.4%
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.
+8.4%
Start year 2021 (pandemic). Over 10 years: +5.1% a year
Revenue growth 12 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.
+6.4%
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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.
−12.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−15.1%
Dividend (yield on the price)3.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−15.1% vs −4.1%, slowing
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.12% → 12%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as 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).
+9.7%
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.
+4.0%
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 +7.4% a year for the price and +1.9% 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.Information Technology Services · 469 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score62 · Above median
Fair Value upside+10.3% · Above median
Profitability
Return on equity (12 months)19.1% · Top 25%
Return on assets13.7% · Top 25%
Net margin (12 months)8.4% · Above median
Operating margin (12 months)10.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)−5.7% · Bottom 25%
Dividend yield (12 months)3.0% · Above median
Valuation Multiplesvs Information Technology Services median · lower = cheaper
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). "DTS Corporation Fair Value". https://www.fairvalue-calculator.com/stock/DA9
Frequently asked questions
Is DTS Corporation (DA9) overvalued or undervalued?
As of Oct 26, 2026, our model estimates a fair value of €7.69 versus a price of €6.98, about +10% upside (undervalued).
What is the fair value of DA9?
Our model-based fair value for DTS Corporation is €7.69 (as of Oct 26, 2026), built from audited fundamentals. The current price: €6.98.
What is the quality score of DA9?
DTS Corporation has a Quality Score of 62/100. 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 DTS Corporation (DA9)?
Our model-based price target is the fair value of €7.69 (as of Oct 26, 2026) from 26 valuation models. Cautious scenario €4.91, optimistic scenario €11.36. It is a calculation from audited fundamentals, not an analyst target.
What is the DTS Corporation stock forecast for 2026?
Our models put fair value at €7.69, about +10% upside versus a price of €6.98 (undervalued). Cautious scenario €4.91, optimistic scenario €11.36. The calculation is refreshed regularly with new filings.
What is the revenue of DTS Corporation (DA9)?
DTS Corporation reported trailing-twelve-month revenue of about ¥133B (latest available figure, as of Oct 26, 2026).
Does DTS Corporation pay a dividend?
DTS Corporation currently shows a dividend yield of 3.01% relative to its recent price (as of Oct 26, 2026).
What growth is priced into DTS Corporation (DA9)?
For today's price to be fair in a discounted-cash-flow model, DTS Corporation would have to grow free cash flow by +9.7 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.4 % per year. As of Oct 26, 2026.
What discount rate (WACC) does the fair value of DA9 use?
Our models discount DTS Corporation at 9.6 %: a base by market capitalisation (small), damped by beta 0.30, country premium for Germany. 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 DTS Corporation that is +9.7 % per year a year over ten years, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has DTS Corporation (DA9) delivered so far?
Over the past 5 years revenue at DTS Corporation grew +8.4 % a year. The price currently implies +9.7 % per year free-cash-flow growth a 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 DTS Corporation (DA9) growing?
The median revenue growth in the sector is +10.8 % a year. That is the yardstick for the growth priced into DTS Corporation (+9.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of DTS Corporation (DA9)?
The free-cash-flow yield on the price is 4.16 %: that much free cash flow DTS Corporation produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of DTS Corporation (DA9)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For DTS Corporation it is €7.69 per share (as of Oct 26, 2026), against a price of €6.98. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is DTS Corporation stock overvalued or undervalued in 2026?
As of Oct 26, 2026, DA9 trades below its calculated fair value: price €6.98, fair value €7.69, a gap of about +10% (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 DA9?
No. The price is what the market pays today (€6.98); the fair value is what the company's own numbers justify (€7.69). For DTS Corporation the two are €0.7178 per share apart. That gap is exactly why we show both numbers side by side.
How much is DTS Corporation worth?
The market values DTS Corporation at about €1.1B (market capitalisation, as of Oct 26, 2026). Per share that is €6.98; our models calculate a fair value of €7.69 per share.
What do the bullish and bearish scenarios say about DA9?
Our models span a range for DTS Corporation: cautious scenario €4.91, base €7.69, optimistic €11.36 per share (as of Oct 26, 2026, price €6.98). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DA9?
DTS Corporation trades at a price-to-earnings ratio of 17.9 (as of Oct 26, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €7.69 is built from several models across several years. Other multiples: P/B 3.1, P/S 1.5, EV/EBITDA 9.5.
How solid is the balance sheet of DTS Corporation (DA9)?
Balance-sheet figures for DTS Corporation (as of Oct 26, 2026): return on equity 19.1%. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is DA9 from its 52-week high?
DTS Corporation trades at €6.98, about 6% below its 52-week high of €7.39 and 36% above the low of €5.13 (as of Oct 23, 2026). Distance from the high says nothing about value: that is what the fair value of €7.69 is for.
Which stocks are comparable to DTS Corporation?
From the same area (Technology) we also value International Business Machines Corporation, Accenture plc, Tata Consultancy Services Limited, Infosys Limited, 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 DTS Corporation stock attractive at the current price?
The data as of Oct 26, 2026: price €6.98, calculated fair value €7.69 (+10%), Quality Score 62/100, from 26 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 DA9 calculated?
We run DTS Corporation through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €7.69, 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 12.7 % above its aggregate fair value. DTS Corporation currently trades 9 % 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 DTS Corporation (DA9)?
The closing price on Oct 23, 2026 was €6.98. Our model-based fair value is €7.69, about +10% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with DTS Corporation right now?
A fairly wide model range (€4.91 to €11.36) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Key figures of DTS Corporation
How large is the market capitalisation of DTS Corporation (DA9)?
The market capitalisation of DTS Corporation is €1.1B. 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 DTS Corporation (DA9)?
The price-to-sales ratio of DTS Corporation is 1.54 (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 DTS Corporation (DA9)?
Earnings per share at DTS Corporation are €0.3900 (price ÷ EPS = P/E 17.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of DTS Corporation (DA9)?
The dividend yield of DTS Corporation is 3.0% (payout 53.9%). 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 DTS Corporation (DA9)?
The net margin of DTS Corporation is 8.6% (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 DTS Corporation (DA9)?
The return on equity (ROE) of DTS Corporation is 19.1% (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 DTS Corporation (DA9)?
On an EBIT basis the return on assets of DTS Corporation is 16.1% (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 DTS Corporation (DA9)?
The operating margin of DTS Corporation is 10.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at DTS Corporation (DA9)?
Revenue at DTS Corporation is growing −5.7% versus a year earlier (3y avg +8.4%). 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 DTS Corporation (DA9)?
Earnings per share at DTS Corporation are growing −13.2% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Oct 26, 2026