EN DE
Data-driven stock valuation

Denso Corp ADR (DNZOY) fair value: what the stock is really worth

We calculate from audited financials what Denso Corp ADR is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.

  1. Compare price with fair valuebelow fair value = cheap, above = expensive
  2. Check the quality50 and up solid, 75 and up strong
  3. Watch it or check another stockalert when fair value or trend changes

Consumer Cyclical · US · Market cap $32.4B · ISIN US24872B1008

At a glance

DC Denso Corp ADR logo Denso Corp ADR DNZOY · US
Price$12.26
Fair Value$12.80
Upside+4.4%
Quality62/100

A solid business, currently priced close to our fair value of $12.80.

As of Sep 8, 2026, the fair value of Denso Corp ADR is $12.80 per share against a price of $12.26, so the fair value sits 4% above the price. A model estimate from reported figures, not an analyst target.

!Mixed Growth (revenue 5y +10.1 %/yr)
!Thin margins · 5.9% net margin
Low debt · generates free cash flow
·3.60% dividend yield
Ranks above peers (14/15)
!Moderate moat 54/100
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range $7.89 to $19.11

Fair value as of: Sep 8, 2026

From 24 valuation models · updated today

Fair value updated Sep 8, 2026, revised from $18.11 to $12.80 (−29.3%) since Aug 21, 2026. Share price +1.2% over the past month.

Watch Denso Corp ADR for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range ($7.89 to $19.11) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

$18.70 $10.26 Fair Value $12.80 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 8, 2026.

How to read this chart

60‑month range $10.26 – $18.70 · fair‑value band $7.89 – $19.11 · the $12.26 price screens below the $12.80 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 8, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Denso Corp ADR (DNZOY) currently trades at $12.26, while our model-based Fair Value estimate is $12.80, implying the stock looks roughly 4.2% fairly valued today. The Quality Score stands at 62/100 (solid quality), in the Consumer Cyclical sector. Bull case: the Growth Earnings group reads highest at a median of $21.46 per share, and 18 of the 24 models we run sit above the $12.26 price. Bear case: the Earnings-Based group reads lowest at $6.45, and 6 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Denso Corp ADR generated revenue of ¥7.5T at a net margin of 5.9%. Revenue grew 9.1% year over year. It earns a return on equity of 8.9%. The balance sheet holds a net cash position of ¥379B. Fundamentals as of Sep 8, 2026

Scenario range: $7.89 (bear) to $19.11 (bull), the price of $12.26 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The share trades about 19% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −38% fair-value upside, at 4%, DNZOY screens cheaper than that median.

Fair Value models

Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →

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
FCF DCF best evidence $5.52 $7.60 $10.69 81
Growth DCF $5.60 $7.47 $10.11 79
Owner Earnings $14.38 $21.04 $30.98 76
All 24 models by family
DCF Models
FCF DCF best evidence $5.52 $7.60 $10.69 81
Owner Earnings $14.38 $21.04 $30.98 76
5Y Revenue Exit $11.10 $18.11 $27.10 72
5Y EBITDA Exit $15.47 $26.14 $38.56 74
5Y P/E Exit $13.67 $22.85 $32.39 70
10Y Revenue Exit $8.61 $14.53 $22.48 65
10Y EBITDA Exit $11.78 $20.05 $31.09 67
10Y P/E Exit $10.64 $17.79 $26.46 63
Earnings-Based
Graham-Dodd $7.74 $22.07 $29.08 65
Lynch FV $4.51 $6.45 $8.38 61
PEG = 1.0 $4.51 $6.45 $8.38 57
EPV $12.29 $14.08 $15.66 74
Multiples
P/E Multiple $18.79 $25.06 $31.32 63
P/S Multiple $14.52 $19.36 $24.20 58
P/B Multiple $14.52 $19.36 $24.20 55
EV/EBIT $21.29 $27.88 $34.47 66
EV/EBITDA $23.42 $30.73 $38.04 67
EV/Revenue $14.84 $20.55 $26.27 54
Asset-Based
NCAV (Graham) $6.68 $8.95 $13.35 54
Growth DCF
Growth DCF $5.60 $7.47 $10.11 79
Rev-Margin DCF $11.10 $17.98 $25.64 72
Economic Profit
Residual Income $11.28 $12.22 $15.30 71
ROIC Compounder $12.29 $14.47 $17.64 72
Growth Earnings
Growth-Adj P/E $15.02 $21.46 $27.90 67

Widest divergence: Growth Earnings ($21.46) versus Earnings-Based ($6.45). Highest evidence: FCF DCF (81).

Notify me when DNZOY reaches fair value

Put DNZOY on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 7.6
P/S ratio 0.45 P/E × margin
EPS (TTM) $1.61 price ÷ EPS = P/E 7.6
Dividend yield 3.6% payout 27.4%
Net margin 5.9% FY2026
Return on equity 8.9% TTM
More key figures
Profitability
Return on assets (EBIT) 5.5% avg 5y
Operating margin 9.1% TTM
Growth
Revenue (TTM) ¥7.5T TTM
Revenue growth (YoY) +9.1% 3y avg +7.7%
EPS growth (YoY) +69.0%
Balance sheet & cash flow
Free cash flow ¥149B FY2026
Net cash ¥379B FY2026

Figures from reported company fundamentals · as of Sep 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 58 · Market factors (momentum, volatility) 45

Profitability 42
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 100
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, Rest of Asia, North America, Europe, and internationally.

Full company description

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, Rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, products of control systems, pickup systems, and cooling products, as well as heating, ventilation, and air-conditioning units. It also provides gasoline, diesel, hybrid, electric vehicle, and fuel cell vehicle power-train systems; and safety and cockpit systems, such as driving environment recognition, vehicle dynamic control, collision safety, visibility support, cockpit information, and information security systems, as well as other products. In addition, the company offers automotive service parts and accessories, comprising spark plugs, oil and cabin air filters, wiper blades, air filter elements, starters, alternators, compressors, oxygen sensors, fuel pumps, air conditioner service parts, radiators, condensers, plasmacluster ion generators, air conditioners for busses and construction vehicles, and truck refrigeration products, as well as refrigerant recovery, recycling, and charging machines; and repair and support products and services. Further, the company provides industrial solutions for factories in automotive parts production; agricultural solutions, including Profarm Controller, a climate control system for greenhouse and horticulture solutions; and home energy management system, co2 refrigerant heat-pumps and industrial systems. DENSO Corporation was incorporated in 1949 and is headquartered in Kariya, Japan.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Denso Corp ADR reported revenue of ¥8.0T in FY2026 versus ¥5.5T in FY2022, a compound +9.7%/yr. Reported net income was ¥471B in FY2026, compounding +15.6%/yr from FY2022.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
$8.0T
Latest YoY
+11.6%
Avg. revenue 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.
+7.7%
Avg. revenue 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.
+10.1%
Avg. revenue growth/yr (26Y) 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.
+5.7%
Value creation/yr (5Y, in JPY) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. 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.
≈ +37.4%
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+33.8%
Dividend yield3.6%
Trend 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.5Y 33.8% vs 10Y 7.0%, picking up
Operating margin (EBIT) 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.3.0% (2021) → 7.6% (2026) · rising
Worst earnings drop131% (2009) (loss year, drop beyond 100%) · in USD
⚠ Final year 2026 sits 65% above trend (one-off), rate approximate
Revenue +9.7%/yr
FY22 ¥5.5T
FY23 ¥6.4T
FY24 ¥7.1T
FY25 ¥7.2T
FY26 ¥8.0T
Net income +15.6%/yr
FY22 ¥264B
FY23 ¥315B
FY24 ¥313B
FY25 ¥419B
FY26 ¥471B
Character of growth · EPS growth decomposed (2015-2026) +5.5 % p.a.
Revenue per share +6.1 %

of which total revenue +5.9 % · buybacks/dilution +0.3 %

EBIT margin −1.4 %
Tax rate +0.7 %
Residual (interest, one-offs) +0.1 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

Watch DNZOY, get fair value alerts →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

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). "Denso Corp ADR Fair Value". https://www.fairvalue-calculator.com/stock/DNZOY

Peer Group

Auto Parts · 640 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.

Valuation
Quality Score 62 · Top 25%
Fair Value upside +4% · Above median
Profitability
Return on equity (TTM) 9% · Above median
Return on assets 4% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 9% · Above median
Growth and dividend
Revenue growth 9% · Above median
Dividend yield (TTM) 3.6% · Above median
Balance sheet
Debt / equity 0.10× · Below median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 7.6× · Cheapest 25%
P/FCF 0.2× · Cheapest 25%
PEG 2.26× · Priciest 25%

What the price implies (reverse DCF)

The inverse question: what free-cash-flow growth must Denso Corp ADR deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.

Implied FCF growth, 10 years+10.9 % per year
Achieved revenue growth, 5 years+10.1 % p.a.
Sector median revenue growth+2.6 %
FCF yield on price2.91 %
Discount rate (WACC) in the models8.3 %

The price demands roughly the growth the company recently delivered. Ranking of the largest stocks →

Context: sector, industry, market

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE39 · sector 16
FUTURE46 · sector 21
PAST36 · sector 28
HEALTH95 · sector 95
DIVIDEND72 · sector 32

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

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Sep 8, 2026).

Stock Price Fair Value vs Fair Value
O'Reilly Automotive, Inc ORLY $87.89 $47.50 −46%
AutoZone, Inc AZO $2,983 $2,287 −23%
Hyundai Mobis Co 012330 432,000 KRW 643,909 KRW +49%
Fuyao Glass Industry Group 600660 ¥57.67 ¥84.47 +46%
Samvardhana Motherson International Limited MOTHERSON ₹165.30 ₹80.63 −51%
Magna International Inc MGA $65.57 $68.17 +4%
Genuine Parts Company GPC $138.08 $58.07 −58%
Bosch Limited BOSCHLTD ₹48,700 ₹11,534 −76%
Ningbo Tuopu Group 601689 ¥45.82 ¥28.28 −38%
Bharat Forge Limited BHARATFORG ₹2,063 ₹393.20 −81%

Compare Denso Corp ADR with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Frequently asked questions

Is Denso Corp ADR (DNZOY) overvalued or undervalued?
As of Sep 8, 2026, our model estimates a fair value of $12.80 versus a price of $12.26, about +4% upside (fairly valued).
What is the fair value of DNZOY?
Our model-based fair value for Denso Corp ADR is $12.80 (as of Sep 8, 2026), built from audited fundamentals. The current price: $12.26.
What is the quality score of DNZOY?
Denso Corp ADR 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 Denso Corp ADR (DNZOY)?
Our model-based price target is the fair value of $12.80 (as of Sep 8, 2026) from 24 valuation models. Cautious scenario $7.89, optimistic scenario $19.11. It is a calculation from audited fundamentals, not an analyst target.
What is the Denso Corp ADR stock forecast for 2026?
Our models put fair value at $12.80, about +4% upside versus a price of $12.26 (fairly valued). Cautious scenario $7.89, optimistic scenario $19.11. The calculation is refreshed regularly with new filings.
What is the revenue of Denso Corp ADR (DNZOY)?
Denso Corp ADR reported trailing-twelve-month revenue of about ¥7.5T (latest available figure, as of Sep 8, 2026).
What is the net profit margin of DNZOY?
The net profit margin of Denso Corp ADR is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. Based on the latest reported figures.
Does Denso Corp ADR pay a dividend?
Denso Corp ADR currently shows a dividend yield of about 3.60% relative to its recent price (as of Sep 8, 2026).
What growth is priced into Denso Corp ADR (DNZOY)?
For today's price to be fair in a discounted-cash-flow model, Denso Corp ADR would have to grow free cash flow by +10.9 % per year for ten years (discount rate 8.3 %, then 2 % perpetual growth). Over the last 5 years revenue grew +10.1 % per year. As of Sep 8, 2026.
What discount rate (WACC) does the fair value of DNZOY use?
Our models discount Denso Corp ADR at 8.3 %: a base by market capitalisation (large), damped by beta 0.61, country premium for USA. The same rate applies in all 26 models.
Free · no account needed

Watch Denso Corp ADR in the live analysis

One click puts Denso Corp ADR on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.