Daito Trust Construction Co (DIFTY) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Daito Trust Construction Co stock $8.12, price $5.37, upside +51.2%, quality 60 out of 100. Rating: strongly undervalued. Calculated from audited financials with 15 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
60‑month range $3.23 – $6.06 · fair‑value band $4.79 – $11.94 · the $5.37 price screens below the $8.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow Daito Trust Construction Co in your weekly email
Every Wednesday you see whether Daito Trust Construction Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Daito Trust Construction Co.,Ltd. designs, constructs, and rents apartments and condominiums in Japan. The company operates through Construction, Real Estate Leasing, Real Estate Development Business, and Financial Business segments.
Show moreShow less
The Construction Business segment offers civil engineering, construction, and other general construction work. The Real Estate Leasing Business segment provides real estate whole-building leases, rental, brokerage, tenant guarantor services, and management services.
The Real Estate Development Business segment purchases, renovates, and resells, as well as develops and sells income-generating properties and investment purpose condominiums. The Financial Business segment offers construction financing projects. It is also involved in LP gas supply.
Daito Trust Construction Co.,Ltd. was incorporated in 1974 and is headquartered in Tokyo, Japan.
Stock analysis
Daito Trust Construction Co (DIFTY) currently trades at $5.37, while our model-based Fair Value estimate is $8.12, implying the stock looks roughly 34% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $9.23 per share, and 9 of the 15 models we run sit above the $5.37 price.
Bear case: the Growth DCF group reads lowest at $2.19, and 6 of the 15 models stay below the price. Data coverage for this calculation is high.
Scenario range: $4.79 (bear) to $11.94 (bull), the price of $5.37 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 60/100 (solid quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Daito Trust Construction Co reported revenue of ¥2.1T in FY2026 versus ¥1.6T in FY2022, a compound +7.4%/yr. Reported net income was ¥105B in FY2026, compounding +10.8%/yr from FY2022.
Key figures
Market cap $7.1B Mid · P/E ratio 11.2 · P/S ratio 0.56 · EPS (TTM) $0.4800 · Dividend yield 4.7% · Net margin 5.0% · Return on equity 20.7% · Return on assets (EBIT) 9.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 29% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −51% fair-value upside, at 51%, DIFTY screens cheaper than that median.
Fair Value models
Bear$4.79Fair Value $8.12Bull$11.94
Price $5.37 · Upside +51.2%
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 ($0.2919 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.59/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+14.2%
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.
+8.3%
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.
+7.2%
Start year 2021 (pandemic). Over 10 years: +4.1% a year
Revenue growth 21 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.
+7.2%
’15
’16
’17
’18
’19
’20
’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.
+48.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+44.1%
Dividend (yield on the price)4.7%
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.44.1% vs 22.1%, picking up
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.6% → 7%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+27.0%
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.
+1.8%
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 +24.4% a year for the price and −0.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (4 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Decent ROE provides the main strength in a real estate business with limited moat signals, offset primarily by low margins and weak free cash flow conversion.
Main risk: 105 billion yen syndicated loans at floating TIBOR rates with covenants on net assets and ordinary income could raise interest costs if rates rise, squeezing margins in construction and leasing before new projects offset them.
Bull case: By leveraging its scale in rental housing management and adopting AI tools for sales and operations the company could maintain origination volumes and improve efficiency even as tax rules evolve or rates fluctuate.
Bear case: If rising rates increase debt servicing costs while tighter tax rules and fewer landowners reduce new construction orders the integrated model could face sustained margin pressure and slower growth in managed units.
Daito Trust recently secured three new loans totaling 105 billion yen, all floating with TIBOR. This expands financing capacity for its construction, leasing and development activities in rental housing. At the same time the floating structure makes interest costs more sensitive to any further moves in short-term Japanese rates. Will the extra flexibility support faster growth, or will rising rates pressure margins before new projects deliver offsetting returns?
Compare Daito Trust Construction Co with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Real Estate - Diversified · 114 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside+51.2% · Above median
Profitability
Return on equity (12 months)20.7% · Top 25%
Return on assets7.7% · Top 25%
Net margin (12 months)5.0% · Bottom 25%
Operating margin (12 months)8.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)0.4% · Below median
Dividend yield (12 months)4.7% · Above median
Balance sheet
Debt / equity0.36× · Below median
Valuation Multiplesvs Real Estate - Diversified 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). "Daito Trust Construction Co Fair Value". https://www.fairvalue-calculator.com/stock/DIFTY
Frequently asked questions
Is Daito Trust Construction Co (DIFTY) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $8.12 versus a price of $5.37, about +51% upside (undervalued).
What is the fair value of DIFTY?
Our model-based fair value for Daito Trust Construction Co is $8.12 (as of Nov 8, 2026), built from audited fundamentals. The current price: $5.37.
What is the quality score of DIFTY?
Daito Trust Construction Co has a Quality Score of 60/100. 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 Daito Trust Construction Co (DIFTY)?
Our model-based price target is the fair value of $8.12 (as of Nov 8, 2026) from 15 valuation models. Cautious scenario $4.79, optimistic scenario $11.94. It is a calculation from audited fundamentals, not an analyst target.
What is the Daito Trust Construction Co stock forecast for 2026?
Our models put fair value at $8.12, about +51% upside versus a price of $5.37 (undervalued). Cautious scenario $4.79, optimistic scenario $11.94. The calculation is refreshed regularly with new filings.
What is the revenue of Daito Trust Construction Co (DIFTY)?
Daito Trust Construction Co reported trailing-twelve-month revenue of about ¥2.0T (latest available figure, as of Nov 8, 2026).
Does Daito Trust Construction Co pay a dividend?
Daito Trust Construction Co currently shows a dividend yield of 4.68% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Daito Trust Construction Co (DIFTY) and when is the ex-dividend date?
Daito Trust Construction Co has a dividend yield of 4.7%. The last ex-dividend date was Mar 31, 2026. A dividend has been paid every year since at least 2010. The payout ratio is 49.4% of earnings. Free cash flow covers the dividend 0.34 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 Daito Trust Construction Co (DIFTY)?
For today's price to be fair in a discounted-cash-flow model, Daito Trust Construction Co would have to grow free cash flow by +27.0 % 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 +7.2 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of DIFTY use?
Our models discount Daito Trust Construction Co at 8.5 %: a base by market capitalisation (mid), damped by beta 0.21, 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 Daito Trust Construction Co that is +27.0 % 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 Daito Trust Construction Co (DIFTY) delivered so far?
Over the past 5 years revenue at Daito Trust Construction Co grew +7.2 % a year. The price currently implies free-cash-flow growth of +27.0 % 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 Daito Trust Construction Co (DIFTY) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Daito Trust Construction Co (+27.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Daito Trust Construction Co (DIFTY)?
The free-cash-flow yield on the price is 1.57 %: that much free cash flow Daito Trust Construction Co 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 Daito Trust Construction Co (DIFTY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Daito Trust Construction Co it is $8.12 per share (as of Nov 8, 2026), against a price of $5.37. It is the blended result of 15 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Daito Trust Construction Co stock overvalued or undervalued in 2026?
As of Nov 8, 2026, DIFTY trades below its calculated fair value: price $5.37, fair value $8.12, a gap of about +51% (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 DIFTY?
No. The price is what the market pays today ($5.37); the fair value is what the company's own numbers justify ($8.12). For Daito Trust Construction Co the two are $2.75 per share apart. That gap is exactly why we show both numbers side by side.
How much is Daito Trust Construction Co worth?
The market values Daito Trust Construction Co at about $7.1B (market capitalisation, as of Nov 8, 2026). Per share that is $5.37; our models calculate a fair value of $8.12 per share.
What do the bullish and bearish scenarios say about DIFTY?
Our models span a range for Daito Trust Construction Co: cautious scenario $4.79, base $8.12, optimistic $11.94 per share (as of Nov 8, 2026, price $5.37). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DIFTY?
Daito Trust Construction Co trades at a price-to-earnings ratio of 11.2 (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 $8.12 is built from several models across several years. Other multiples: P/B 2.3, P/S 0.6, EV/EBITDA 6.4.
How solid is the balance sheet of Daito Trust Construction Co (DIFTY)?
Balance-sheet figures for Daito Trust Construction Co (as of Nov 8, 2026): return on equity 20.7%, debt of 0.36 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is DIFTY from its 52-week high?
Daito Trust Construction Co trades at $5.37, about 10% below its 52-week high of $5.98 and 29% above the low of $4.15 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $8.12 is for.
Which stocks are comparable to Daito Trust Construction Co?
From the same area (Real Estate) we also value Swiss Prime Site AG, The Phoenix Mills Limited, Prestige Estates Projects Limited, Umm Al Qura for Development and Construction Company, 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 Daito Trust Construction Co stock attractive at the current price?
The data as of Nov 8, 2026: price $5.37, calculated fair value $8.12 (+51%), Quality Score 60/100, from 15 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 DIFTY calculated?
We run Daito Trust Construction Co through 15 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $8.12 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. Daito Trust Construction Co currently trades 34% 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 Daito Trust Construction Co (DIFTY)?
The closing price on Nov 6, 2026 was $5.37. Our model-based fair value is $8.12, about +51% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Daito Trust Construction Co right now?
Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($4.79 to $11.94) leaves room in how you read the outcome. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Daito Trust Construction Co (DIFTY) come from?
Earnings per share at Daito Trust Construction Co grew +22.6 % a year from 2015 to 2026. Broken into its drivers: revenue per share +22.6 %, EBIT margin −1.4 %, tax rate +1.2 %, residual (interest, one-offs) +0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Daito Trust Construction Co
How large is the market capitalisation of Daito Trust Construction Co (DIFTY)?
The market capitalisation of Daito Trust Construction Co is $7.1B. 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 Daito Trust Construction Co (DIFTY)?
The price-to-sales ratio of Daito Trust Construction Co is 0.56 (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 Daito Trust Construction Co (DIFTY)?
Earnings per share at Daito Trust Construction Co are $0.4800 (price ÷ EPS = P/E 11.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Daito Trust Construction Co (DIFTY)?
The dividend yield of Daito Trust Construction Co is 4.7% (payout 52.4%). 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 Daito Trust Construction Co (DIFTY)?
The net margin of Daito Trust Construction Co is 5.0% (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 Daito Trust Construction Co (DIFTY)?
The return on equity (ROE) of Daito Trust Construction Co is 20.7% (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 Daito Trust Construction Co (DIFTY)?
On an EBIT basis the return on assets of Daito Trust Construction Co is 9.8% (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 Daito Trust Construction Co (DIFTY)?
The operating margin of Daito Trust Construction Co is 8.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Daito Trust Construction Co (DIFTY)?
Revenue at Daito Trust Construction Co is growing +0.4% versus a year earlier (3y avg +8.3%). 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 Daito Trust Construction Co (DIFTY)?
Earnings per share at Daito Trust Construction Co are growing −0.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Daito Trust Construction Co (DIFTY) hold?
Daito Trust Construction Co holds more cash than debt, ¥41.1B net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Daito Trust Construction Co in the live analysis
One click puts Daito Trust Construction Co on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 8, 2026