Dai Nippon Printing Co Ltd (DNPLY) fair value: what the stock is really worth
As of Oct 22, 2026: fair value (intrinsic value) of Dai Nippon Printing Co Ltd stock $9.97, price $9.34, upside +6.7%, quality 50 out of 100. Rating: fairly valued. Calculated from audited financials with 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, dashed = 300-day average. As of Oct 18, 2026.
How to read this chart
60‑month range $4.28 – $10.55 · fair‑value band $7.50 – $14.94 · the $9.34 price screens below the $9.97 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 18, 2026.
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Dai Nippon Printing Co., Ltd. primarily engages in the printing and information business. The company operates through smart Communication, Life & Healthcare, and Electronics segments.
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It offers pouches for lithium-ion batteries, solar cell back sheets, sealing materials, bus line sheets, transparent barrier films, window films, reflemo, touch panel sensors, multifunctional insulation boxes, vacuum insulation materials for exteriors; clean bags, chemical carrying bags, adhesive films, carrier tape for parts shipments, and heat welding films; and antenna film, vapor chamber, photomask, lead frame, interposer, glass core substrate, encoder disk, lithography template, retardation film, anti-reflection and glare film, light control film, transparent screens, backlight and frontline system components, array film, prism sheet, and light guide.
The company also provides packaging series, such as eco-friendly, life-enriching, functional innovation packaging series, aseptic systems, pet bottles, bag-in-box, pouches packages, and laminate tubes; decorative printed materials, including decorative sheets, panels, metal and steel plates, exterior film, peg board, and wall decoration system with magnets; interior, exterior, and mold decorative film and light control film; and projectors.
In addition, it offers photo solutions, photo print system, digital printers, sublimation media, and software for high value photo printing; imaging communication, information security, and content and XR communication services.
Further, the company provides optical films, metal masks, photomasks, and lead frames. The company was founded in 1876 and is headquartered in Tokyo, Japan.
Stock analysis
Dai Nippon Printing Co Ltd (DNPLY) currently trades at $9.34, while our model-based Fair Value estimate is $9.97, so the stock looks roughly fairly valued today (gap 6.3%).
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Valuation
Bull case: the Multiples group reads highest at a median of $17.15 per share, and 3 of the 8 models we run sit above the $9.34 price.
Bear case: the Dividend Discount group reads lowest at $1.52, and 5 of the 8 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $7.50 (bear) to $14.94 (bull), the price of $9.34 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 50/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Dai Nippon Printing Co Ltd ADR reported revenue of ¥1.6T in FY2026 versus ¥1.3T in FY2022, a compound +4.5%/yr. Reported net income was ¥110B in FY2026, compounding +3.2%/yr from FY2022.
Key figures
Market cap $8.3B Mid · P/E ratio 12.6 · P/S ratio 0.87 · EPS (TTM) $0.7400 · Dividend yield 1.6% · Net margin 6.9% · Return on equity 8.6% · Return on assets (EBIT) 4.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 23% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 6% fair-value upside, at 7%, DNPLY screens cheaper than that median.
Fair Value models
Bear$7.50Fair Value $9.97Bull$14.94
Price $9.34 · Upside +6.7%
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 ($0.4176 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.34/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+10.0%
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.
+5.3%
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.
+3.7%
Start year 2021 (pandemic). Over 10 years: +1.0% a year
Revenue growth 26 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.
+0.9%
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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.
+2.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.2%
Dividend (yield on the price)1.6%
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.1.2% vs 11.6%, 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.4% → 7%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 3.5%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
AI conclusion: Established materials and packaging know-how supports expansion into a one-stop pharmaceutical CDMO, yet weak cash conversion and broad portfolio breadth constrain overall quality.
Main risk: Entry into specialized pharmaceutical manufacturing risks raising operational complexity across the already broad conglomerate portfolio and hitting management focus.
DNP has completed the acquisition of an active pharmaceutical ingredient manufacturer to create a one-stop CDMO spanning APIs, formulations and packaging. The step builds directly on the group's materials and packaging know-how while entering a more specialized manufacturing field. Will the new capabilities accelerate growth in life sciences or mainly increase operational complexity across an already broad portfolio?
Compare Dai Nippon Printing Co Ltd ADR with another stock
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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.Conglomerates · 353 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside+6.7% · Below median
Profitability
Return on equity (12 months)8.6% · Above median
Return on assets5.4% · Top 25%
Net margin (12 months)6.9% · Above median
Operating margin (12 months)6.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)1.5% · Below median
Dividend yield (12 months)1.6% · Below median
Balance sheet
Debt / equity0.10× · Below median
Valuation Multiplesvs Conglomerates 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). "Dai Nippon Printing Co Ltd ADR Fair Value". https://www.fairvalue-calculator.com/stock/DNPLY
Frequently asked questions
Is Dai Nippon Printing Co Ltd (DNPLY) overvalued or undervalued?
As of Oct 18, 2026, our model estimates a fair value of $9.97 versus a price of $9.34, about +7% upside (fairly valued).
What is the fair value of DNPLY?
Our model-based fair value for Dai Nippon Printing Co Ltd ADR is $9.97 (as of Oct 18, 2026), built from audited fundamentals. The current price: $9.34.
What is the quality score of DNPLY?
Dai Nippon Printing Co Ltd ADR has a Quality Score of 50/100. 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 Dai Nippon Printing Co Ltd (DNPLY)?
Our model-based price target is the fair value of $9.97 (as of Oct 18, 2026) from 8 valuation models. Cautious scenario $7.50, optimistic scenario $14.94. It is a calculation from audited fundamentals, not an analyst target.
What is the Dai Nippon Printing Co Ltd ADR stock forecast for 2026?
Our models put fair value at $9.97, about +7% upside versus a price of $9.34 (fairly valued). Cautious scenario $7.50, optimistic scenario $14.94. The calculation is refreshed regularly with new filings.
What is the revenue of Dai Nippon Printing Co Ltd (DNPLY)?
Dai Nippon Printing Co Ltd ADR reported trailing-twelve-month revenue of about ¥1.5T (latest available figure, as of Oct 18, 2026).
Does Dai Nippon Printing Co Ltd ADR pay a dividend?
Dai Nippon Printing Co Ltd ADR currently shows a dividend yield of 1.63% relative to its recent price (as of Oct 18, 2026).
What is the intrinsic value of Dai Nippon Printing Co Ltd (DNPLY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Dai Nippon Printing Co Ltd ADR it is $9.97 per share (as of Oct 18, 2026), against a price of $9.34. It is the blended result of 8 valuation models (cash flow, earnings, asset, dividend).
Is Dai Nippon Printing Co Ltd ADR stock overvalued or undervalued in 2026?
As of Oct 18, 2026, DNPLY trades below its calculated fair value: price $9.34, fair value $9.97, a gap of about +7% (fairly valued). 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 DNPLY?
No. The price is what the market pays today ($9.34); the fair value is what the company's own numbers justify ($9.97). For Dai Nippon Printing Co Ltd ADR the two are $0.6300 per share apart. That gap is exactly why we show both numbers side by side.
How much is Dai Nippon Printing Co Ltd ADR worth?
The market values Dai Nippon Printing Co Ltd ADR at about $8.3B (market capitalisation, as of Oct 18, 2026). Per share that is $9.34; our models calculate a fair value of $9.97 per share.
What do the bullish and bearish scenarios say about DNPLY?
Our models span a range for Dai Nippon Printing Co Ltd ADR: cautious scenario $7.50, base $9.97, optimistic $14.94 per share (as of Oct 18, 2026, price $9.34). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DNPLY?
Dai Nippon Printing Co Ltd ADR trades at a price-to-earnings ratio of 12.6 (as of Oct 18, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $9.97 is built from several models across several years. Other multiples: PEG 1.2, P/B 1.1, P/S 0.9, EV/EBITDA 7.2.
What is the PEG ratio of DNPLY?
The PEG ratio of Dai Nippon Printing Co Ltd ADR is 1.21 (P/E divided by earnings growth, as of Oct 18, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Dai Nippon Printing Co Ltd (DNPLY)?
Balance-sheet figures for Dai Nippon Printing Co Ltd ADR (as of Oct 18, 2026): return on equity 8.6%, debt of 0.10 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is DNPLY from its 52-week high?
Dai Nippon Printing Co Ltd ADR trades at $9.34, about 11% below its 52-week high of $10.55 and 23% above the low of $7.60 (as of Oct 22, 2026). Distance from the high says nothing about value: that is what the fair value of $9.97 is for.
Which stocks are comparable to Dai Nippon Printing Co Ltd ADR?
From the same area (Industrials) we also value 3M Company, Honeywell International Inc, Swire Pacific Limited, SGH 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 Dai Nippon Printing Co Ltd ADR stock attractive at the current price?
The data as of Oct 18, 2026: price $9.34, calculated fair value $9.97 (+7%), Quality Score 50/100, from 8 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 DNPLY calculated?
We run Dai Nippon Printing Co Ltd ADR through 8 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 $9.97, 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 13.2 % above its aggregate fair value. Dai Nippon Printing Co Ltd ADR currently trades 6 % 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 Dai Nippon Printing Co Ltd (DNPLY)?
The closing price on Oct 22, 2026 was $9.34. Our model-based fair value is $9.97, about +7% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Dai Nippon Printing Co Ltd ADR right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($7.50 to $14.94) leaves room in how you read the outcome.
Where does the earnings growth of Dai Nippon Printing Co Ltd (DNPLY) come from?
Earnings per share at Dai Nippon Printing Co Ltd ADR grew +11.3 % a year from 2015 to 2026. Broken into its drivers: revenue per share −3.9 %, EBIT margin +8.8 %, tax rate +1.7 %, residual (interest, one-offs) +4.7 %. 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 Dai Nippon Printing Co Ltd ADR
How large is the market capitalisation of Dai Nippon Printing Co Ltd (DNPLY)?
The market capitalisation of Dai Nippon Printing Co Ltd ADR is $8.3B. 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 Dai Nippon Printing Co Ltd (DNPLY)?
The price-to-sales ratio of Dai Nippon Printing Co Ltd ADR is 0.87 (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 Dai Nippon Printing Co Ltd (DNPLY)?
Earnings per share at Dai Nippon Printing Co Ltd ADR are $0.7400 (price ÷ EPS = P/E 12.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Dai Nippon Printing Co Ltd (DNPLY)?
The dividend yield of Dai Nippon Printing Co Ltd ADR is 1.6% (payout 20.6%). 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 Dai Nippon Printing Co Ltd (DNPLY)?
The net margin of Dai Nippon Printing Co Ltd ADR is 6.9% (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 Dai Nippon Printing Co Ltd (DNPLY)?
The return on equity (ROE) of Dai Nippon Printing Co Ltd ADR is 8.6% (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 Dai Nippon Printing Co Ltd (DNPLY)?
On an EBIT basis the return on assets of Dai Nippon Printing Co Ltd ADR is 4.2% (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 Dai Nippon Printing Co Ltd (DNPLY)?
The operating margin of Dai Nippon Printing Co Ltd ADR is 6.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Dai Nippon Printing Co Ltd (DNPLY)?
Revenue at Dai Nippon Printing Co Ltd ADR is growing +1.5% versus a year earlier (3y avg +5.3%). 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 Dai Nippon Printing Co Ltd (DNPLY)?
Earnings per share at Dai Nippon Printing Co Ltd ADR are growing −0.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Dai Nippon Printing Co Ltd (DNPLY) generate?
The free cash flow of Dai Nippon Printing Co Ltd ADR is −¥12.7B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Dai Nippon Printing Co Ltd (DNPLY) hold?
Dai Nippon Printing Co Ltd ADR holds more cash than debt, ¥34.7B net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Some data
Oct 18, 2026