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Fujitsu Limited (FUJ1) Fair Value & Analysis

Information Technology · DE · Market cap €30.3B · ISIN JP3818000006

What is Fujitsu Limited really worth?

FL Fujitsu Limited FUJ1 · HA
Price€20.84
Fair Value€14.01
Upside−32.8%
Quality69/100

A solid business, but trading 49% above our fair value of €14.01.

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Strengths

generates free cash flow
Wide moat 65/100

Risks

!Weak Growth (revenue 5y −1.6 %/yr)
!Thin margins · 0.0% net margin
!Trails peers (3/8)
!Evidence only low, so the estimate is less certain
Evidence: Low Range €9.81 – €18.22

Fair value as of: Aug 28, 2026

From 22 valuation models · updated 7 days ago

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (€18.22). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (€9.81 to €18.22) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

€24.67 €10.06 Fair Value €14.01 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range €10.06 – €24.67 · fair‑value band €9.81 – €18.22 · the €20.84 price screens above the €14.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

Fujitsu Limited (FUJ1) currently trades at €20.84, while our model-based Fair Value estimate is €14.01, implying the stock looks roughly 48.7% overvalued today. The Quality Score stands at 69/100 (solid quality), in the Information Technology sector. Bull case: the Growth Earnings group reads highest at a median of €17.22 per share, and 4 of the 22 models we run sit above the €20.84 price. Bear case: the Asset-Based group reads lowest at €4.35, and 18 of the 22 models stay below the price. Evidence for this calculation is low.

Our scenario range runs from €9.81 (bear case) to €18.22 (bull case); at €20.84, 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 16% below its 52-week high and 27% above its 52-week low, currently above its 200-day average. For context, the median of 10 Information Technology peers we cover trades at −26% fair-value upside, at −33%, FUJ1 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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 €6.07 €8.10 €11.88 79
Growth DCF €6.31 €8.29 €11.67 76
Owner Earnings €8.85 €11.98 €17.78 74
All 22 models by family
DCF Models
FCF DCF best evidence €6.07 €8.10 €11.88 79
Owner Earnings €8.85 €11.98 €17.78 74
5Y Revenue Exit €7.95 €11.80 €17.41 70
5Y EBITDA Exit €14.17 €22.57 €33.69 72
5Y P/E Exit €11.94 €18.71 €26.76 68
10Y Revenue Exit €6.93 €9.74 €12.80 65
10Y EBITDA Exit €10.95 €16.40 €22.36 66
10Y P/E Exit €9.59 €14.01 €18.30 62
Earnings-Based
Graham-Dodd €5.58 €6.82 €7.67 67
EPV €8.33 €9.57 €10.65 68
Multiples
P/E Multiple €17.23 €22.97 €28.72 63
P/S Multiple €10.46 €13.95 €17.43 58
P/B Multiple €10.46 €13.95 €17.43 55
EV/EBIT €18.69 €24.63 €30.56 63
EV/EBITDA €22.35 €29.50 €36.66 64
EV/Revenue €9.89 €13.74 €17.60 51
Asset-Based
NCAV (Graham) €3.25 €4.35 €6.50 51
Growth DCF
Growth DCF €6.31 €8.29 €11.67 76
Rev-Margin DCF €7.95 €11.92 €16.73 70
Economic Profit
Residual Income €6.12 €7.40 €15.81 66
ROIC Compounder €8.33 €9.87 €11.52 70
Growth Earnings
Growth-Adj P/E €12.05 €17.22 €22.38 67

Widest divergence: Growth Earnings (€17.22) versus Asset-Based (€4.35). Highest evidence: FCF DCF (79).

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Key figures & financial health

Net margin 6.2% FY2025
Return on assets (EBIT) 7.4% avg 5y
Free cash flow ¥143B FY2025

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 64 · Market factors (momentum, volatility) 38

Profitability 54
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 37
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 24
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 50
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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fujitsu Limited reported revenue of ¥3.6T in FY2025 versus ¥3.6T in FY2021, a compound −0.3%/yr. Reported net income was ¥220B in FY2025, compounding +2.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
¥3.6T
Latest YoY
+2.1%
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.
−0.3%
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.
−1.6%
Avg. revenue growth/yr (6Y) 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.
−1.8%
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.
+4.0% (4.0 + 0.0)
Revenue −0.3%/yr
FY21 ¥3.6T
FY22 ¥3.6T
FY23 ¥3.7T
FY24 ¥3.5T
FY25 ¥3.6T
Net income +2.0%/yr
FY21 ¥203B
FY22 ¥183B
FY23 ¥215B
FY24 ¥254B
FY25 ¥220B

FUJ1 screens 49% overvalued. Compare with 532755 →

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Cite: Fair Value Calculator (2026). "Fujitsu Limited Fair Value". https://www.fairvalue-calculator.com/stock/FUJ1

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

IT Services · 37 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 69 · Top 25%
Fair Value upside +51% · Top 25%
Return on assets 0% · Below median
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Above median
Dividend yield (TTM) 137.3% · Top 25%

Valuation Multiples vs IT Services median · lower = cheaper

P/FCF 0.2× · Pricier than median

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
VALUE100 · sector 0
FUTURE0 · sector 0
PAST0 · sector 15
HEALTH0 · sector 100
DIVIDEND0 · sector 5

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 IT Services stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
532755 532755 ₹1,586 ₹922.45 −42%
CEINSYSTECH CEINSYSTECH ₹796.45 ₹586.06 −26%
BLUECLOUDS BLUECLOUDS ₹22.11 ₹16.20 −27%
DANLAW DANLAW ₹1,679 ₹1,322 −21%
ConnectM Technology Solutions, Inc CNTM $4.50 $7.60 +69%
SOFTSOL SOFTSOL ₹193.45 ₹69.00 −64%
ITCONS ITCONS ₹251.00 ₹104.00 −59%
ALPHALOGIC ALPHALOGIC ₹42.22 ₹13.55 −68%
CNINFOTECH CNINFOTECH ₹88.53 ₹138.32 +56%
Data Storage Corporation DTSTW $0.0771 $0.0776 +1%

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Frequently asked questions

Is Fujitsu Limited (FUJ1) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of €14.01 versus a price of €20.84, about −33% upside (overvalued).
What is the fair value of FUJ1?
Our model-based fair value for Fujitsu Limited is €14.01 (as of Aug 28, 2026), built from audited fundamentals. The current price: €20.84.
What is the quality score of FUJ1?
Fujitsu Limited has a Quality Score of 69/100. 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 net profit margin of FUJ1?
The net profit margin of Fujitsu Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
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