ITOCHU Corporation (ITOCHU19) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of ITOCHU Corporation THB 5.81, price THB 7.85, upside -26.0%, quality 55 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch ITOCHU Corporation 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 freePro now: $1 first month
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 Sep 27, 2026.
How to read this chart
13‑month range 5.95 THB – 8.50 THB · fair‑value band 3.80 THB – 8.24 THB · the 7.85 THB price screens above the 5.81 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 27, 2026.
Follow ITOCHU in your weekly email
Every Wednesday you see whether ITOCHU 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.
ITOCHU Corporation trades and imports/exports various products worldwide.It operates through eight segments: Textile, Machinery, Metals & Minerals, Energy & Chemicals, Food, General Products & Realty, ICT & Financial Business, and The 8th.
Show more
ITOCHU Corporation trades and imports/exports various products worldwide.It operates through eight segments: Textile, Machinery, Metals & Minerals, Energy & Chemicals, Food, General Products & Realty, ICT & Financial Business, and The 8th. The company produces and sells raw materials, threads, and textiles; and garments, home furnishings, and industrial materials. It also engages in the plants, bridges, railways, and other infrastructure; power generation, transmission, transformation, and electricity sale; water, environment and waste-related; trading of ships, aircraft, automobiles, construction and industrial machinery, machine tools, environmental equipment, electronic devices, and related equipment; renewable and alternative energy; and waste recycling businesses. In addition, the company develops metal and mineral resource; processes steel products; trades iron ore, coal, pig iron and ferrous raw materials, non-ferrous and light metals, steel products, nuclear fuels, and greenhouse gas emissions; and waste treatment activities. Further, it trades in energy, chemical, and power including renewable energy; produces and distributes food; and develops new business fields and cultivates new partners. The company also engages in pulp and paper, natural rubber, building products and materials, tire and automotive aftermarket related, and logistics business; development, sales, lease, and operation of real estate; IT solutions, internet-related services, business process outsourcing, medical and healthcare, satellite, content, and distribution of mobile phone devices and after-sales services; and financial and insurance services. The company was founded in 1858 and is headquartered in Tokyo, Japan.
Stock analysis
ITOCHU Corporation (ITOCHU19) currently trades at 7.85 THB, while our model-based Fair Value estimate is 5.81 THB, implying the stock looks roughly 35.1% overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 36.49 THB per share, and 10 of the 10 models we run sit above the 7.85 THB price.
Bear case: the Asset-Based group reads lowest at 10.53 THB, and 0 of the 10 models stay below the price. Evidence for this calculation is low.
Scenario range: 3.80 THB (bear) to 8.24 THB (bull), the price of 7.85 THB 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 55/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
ITOCHU Corporation reported revenue of ¥14.8T in FY2026 versus ¥13.9T in FY2023, a compound +2.1%/yr. Reported net income was ¥900B in FY2026, compounding +4.0%/yr from FY2023.
Key figures
Market cap 3.0T THB (≈ $90.0B) · P/E ratio 17.4 · P/S ratio 1.06 · EPS (TTM) 0.4500 THB · Dividend yield 9.4% · Net margin 6.1% · Return on equity 14.1% · Return on assets (EBIT) 4.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (medium confidence).
What moves the price
The share trades about 8% below its 52-week high and 32% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −16% fair-value upside, at −26%, ITOCHU19 screens richer than that median.
Fair Value models
Bear 3.80 THBFair Value 5.81 THBBull 8.24 THB
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (0.2232 THB 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.Evidence ⓘEvidence = 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.62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+0.7%
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.
+2.1%
’23
’24
’25
’26
What shareholders gained per year (last 3 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 3 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.
+14.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+5.2%
Dividend (yield on the price)9.4%
Profit margin 2023 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.5% → 5%
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.Conglomerates · 358 stocks
Beats the industry median on 6/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside−26.0% · Below median
Profitability
Return on equity (TTM)14.1% · Top 25%
Return on assets2.9% · Above median
Net margin (TTM)6.0% · Above median
Operating margin (TTM)5.3% · Below median
Growth and dividend
Revenue growth8.9% · Above median
Dividend yield (TTM)9.4% · Top 25%
Balance sheet
Debt / equity0.44× · Above median
Valuation Multiplesvs Conglomerates median · lower = cheaper
P/E (TTM)17.4× · Pricier than median
PEG2.46× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 33
FUTURE (revenue growth)45· sector 19
PAST (return on equity)56· sector 18
HEALTH (low debt)78· sector 90
DIVIDEND (yield)100· sector 41
VALUE 0: the price sits above our fair-value range.
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). "ITOCHU Corporation Fair Value". https://www.fairvalue-calculator.com/stock/ITOCHU19
Frequently asked questions
Is ITOCHU Corporation (ITOCHU19) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of 5.81 THB versus a price of 7.85 THB, about −26% upside (overvalued).
What is the fair value of ITOCHU19?
Our model-based fair value for ITOCHU Corporation is 5.81 THB (as of Sep 27, 2026), built from audited fundamentals. The current price: 7.85 THB.
What is the quality score of ITOCHU19?
ITOCHU Corporation has a Quality Score of 55/100. 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 ITOCHU Corporation (ITOCHU19)?
Our model-based price target is the fair value of 5.81 THB (as of Sep 27, 2026) from 10 valuation models. Cautious scenario 3.80 THB, optimistic scenario 8.24 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the ITOCHU Corporation stock forecast for 2026?
Our models put fair value at 5.81 THB, about −26% upside versus a price of 7.85 THB (overvalued). Cautious scenario 3.80 THB, optimistic scenario 8.24 THB. The calculation is refreshed regularly with new filings.
What is the revenue of ITOCHU Corporation (ITOCHU19)?
ITOCHU Corporation reported trailing-twelve-month revenue of about ¥15.1T (latest available figure, as of Sep 27, 2026).
Does ITOCHU Corporation pay a dividend?
ITOCHU Corporation currently shows a dividend yield of about 9.36% relative to its recent price (as of Sep 27, 2026).
What is the intrinsic value of ITOCHU Corporation (ITOCHU19)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ITOCHU Corporation it is 5.81 THB per share (as of Sep 27, 2026), against a price of 7.85 THB. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is ITOCHU Corporation stock overvalued or undervalued in 2026?
As of Sep 27, 2026, ITOCHU19 trades above its calculated fair value: price 7.85 THB, fair value 5.81 THB, a gap of about −26% (overvalued). 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 ITOCHU19?
No. The price is what the market pays today (7.85 THB); the fair value is what the company's own numbers justify (5.81 THB). For ITOCHU Corporation the two are 2.04 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is ITOCHU Corporation worth?
The market values ITOCHU Corporation at about 3.0T THB (market capitalisation, as of Sep 27, 2026). Per share that is 7.85 THB; our models calculate a fair value of 5.81 THB per share.
What do the bullish and bearish scenarios say about ITOCHU19?
Our models span a range for ITOCHU Corporation: cautious scenario 3.80 THB, base 5.81 THB, optimistic 8.24 THB per share (as of Sep 27, 2026, price 7.85 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ITOCHU19?
ITOCHU Corporation trades at a price-to-earnings ratio of 17.4 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 5.81 THB is built from several models across several years. Other multiples: PEG 2.5.
What is the PEG ratio of ITOCHU19?
The PEG ratio of ITOCHU Corporation is 2.46 (P/E divided by earnings growth, as of Sep 27, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of ITOCHU Corporation (ITOCHU19)?
Balance-sheet figures for ITOCHU Corporation (as of Sep 27, 2026): return on equity 14.1%, debt of 0.44 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is ITOCHU19 from its 52-week high?
ITOCHU Corporation trades at 7.85 THB, about 8% below its 52-week high of 8.50 THB and 32% above the low of 5.95 THB (as of Sep 25, 2026). Distance from the high says nothing about value: that is what the fair value of 5.81 THB is for.
Which stocks are comparable to ITOCHU Corporation?
From the same area (Industrials) we also value 3M Company, Honeywell International Inc, CITIC Limited, Swire Pacific 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 ITOCHU Corporation stock attractive at the current price?
The data as of Sep 27, 2026: price 7.85 THB, calculated fair value 5.81 THB (−26%), Quality Score 55/100, from 10 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 ITOCHU19 calculated?
We run ITOCHU Corporation through 10 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 5.81 THB, 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 16.1 % above its aggregate fair value. ITOCHU Corporation itself currently trades above fair value. 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 ITOCHU Corporation (ITOCHU19)?
The closing price on Sep 25, 2026 was 7.85 THB. Our model-based fair value is 5.81 THB, about −26% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ITOCHU Corporation right now?
Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (3.80 THB to 8.24 THB) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of ITOCHU Corporation
How large is the market capitalisation of ITOCHU Corporation (ITOCHU19)?
The market capitalisation of ITOCHU Corporation is 3.0T THB (≈ $90.0B). 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 ITOCHU Corporation (ITOCHU19)?
The price-to-sales ratio of ITOCHU Corporation is 1.06 (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 ITOCHU Corporation (ITOCHU19)?
Earnings per share at ITOCHU Corporation are 0.4500 THB (price ÷ EPS = P/E 17.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ITOCHU Corporation (ITOCHU19)?
The dividend yield of ITOCHU Corporation is 9.4% (payout 163%). 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 ITOCHU Corporation (ITOCHU19)?
The net margin of ITOCHU Corporation is 6.1% (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 ITOCHU Corporation (ITOCHU19)?
The return on equity (ROE) of ITOCHU Corporation is 14.1% (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 ITOCHU Corporation (ITOCHU19)?
On an EBIT basis the return on assets of ITOCHU Corporation is 4.8% (avg 4y). 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 ITOCHU Corporation (ITOCHU19)?
The operating margin of ITOCHU Corporation is 5.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ITOCHU Corporation (ITOCHU19)?
Revenue at ITOCHU Corporation is growing +8.9% versus a year earlier (3y avg +2.1%). 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 ITOCHU Corporation (ITOCHU19)?
Earnings per share at ITOCHU Corporation are growing +4.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ITOCHU Corporation (ITOCHU19) generate?
The free cash flow of ITOCHU Corporation is ¥847B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does ITOCHU Corporation (ITOCHU19) carry?
The net debt of ITOCHU Corporation is ¥3.1T (fiscal year 2026, ≈ 3.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch ITOCHU Corporation in the live analysis
One click puts ITOCHU Corporation 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.
Thin data
Sep 27, 2026