Kintetsu Group (KKI) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Kintetsu Group €32.30, price €18.30, upside +76.5%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
In Frankfurt, only 1 of the last 21 trading days (30 days) had any turnover. On the other days the price is an indicative quote without trading, so we do not list this stock in the radar. It stays reachable through search.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 30, 2026.
How to read this chart
60‑month range €14.82 – €33.08 · fair‑value band €14.76 – €41.49 · the €18.30 price screens below the €32.30 fair value. Dashed = 300-day average. As of Sep 30, 2026.
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Kintetsu Group Holdings Co.,Ltd. engages in the transportation, real estate, logistics, merchandise, hotel, leisure, and other businesses in Japan, the United States, China, and internationally. The company provides railway, bus and taxi, logistics and delivery, marine, ropeway, car rental, and other transportation services.
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Kintetsu Group Holdings Co.,Ltd. engages in the transportation, real estate, logistics, merchandise, hotel, leisure, and other businesses in Japan, the United States, China, and internationally. The company provides railway, bus and taxi, logistics and delivery, marine, ropeway, car rental, and other transportation services. It is also involved in the sale, leasing, and renovation of real estate properties; and mega solar power generation and agricultural businesses, as well as air, sea, and third-party logistics. In addition, the company operates department stores; convenience stores, cafes, drug stores, supermarkets, etc.; and hotels under the Miyako Hotels & Resorts brand name, as well as resorts and leisure facilities. Further, it engages in the tourism; and manufacturing and construction, and other service businesses. The company was formerly known as Kintetsu Corporation and changed its name to Kintetsu Group Holdings Co.,Ltd. in April 2015. Kintetsu Group Holdings Co.,Ltd. was founded in 1910 and is headquartered in Osaka, Japan.
Stock analysis
Kintetsu Group (KKI) currently trades at €18.30, while our model-based Fair Value estimate is €32.30, implying the stock looks roughly 43.3% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of €27.06 per share, and 3 of the 8 models we run sit above the €18.30 price.
Bear case: the Dividend Discount group reads lowest at €4.36, and 5 of the 8 models stay below the price. Evidence for this calculation is medium.
Scenario range: €14.76 (bear) to €41.49 (bull), the price of €18.30 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 46/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Kintetsu Group reported revenue of ¥1.8T in FY2026 versus ¥692B in FY2022, a compound +26.1%/yr. Reported net income was ¥53.8B in FY2026, compounding +5.9%/yr from FY2022.
Key figures
Market cap €3.5B · P/E ratio 11.7 · P/S ratio 0.36 · EPS (TTM) €1.57 · Dividend yield 2.0% · Net margin 3.1% · Return on equity 9.9% · Return on assets (EBIT) 2.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 7% 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 2% fair-value upside, at 77%, KKI screens cheaper than that median.
Fair Value models
Bear €14.76Fair Value €32.30Bull €41.49
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.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.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+0.5%
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.
+3.9%
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.
+20.2%
Start year 2021 (pandemic). Over 10 years: +3.7% a year
Revenue growth 12 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.
+2.9%
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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.
+13.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.2%
Dividend (yield on the price)2.0%
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.11.2% vs 7.4%, 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.−9% → 5%
Price, fair value, quality and upside side by side.
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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 · 360 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside+72.7% · Top 25%
Profitability
Return on equity (TTM)9.9% · Above median
Return on assets2.2% · Below median
Net margin (TTM)3.1% · Below median
Operating margin (TTM)5.0% · Below median
Growth and dividend
Revenue growth7.7% · Above median
Dividend yield (TTM)2.0% · Below median
Balance sheet
Debt / equity1.71× · Highest 25%
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). "Kintetsu Group Fair Value". https://www.fairvalue-calculator.com/stock/KKI
Frequently asked questions
Is Kintetsu Group (KKI) overvalued or undervalued?
As of Sep 30, 2026, our model estimates a fair value of €32.30 versus a price of €18.30, about +77% upside (undervalued).
What is the fair value of KKI?
Our model-based fair value for Kintetsu Group is €32.30 (as of Sep 30, 2026), built from audited fundamentals. The current price: €18.30.
What is the quality score of KKI?
Kintetsu Group has a Quality Score of 46/100. 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 Kintetsu Group (KKI)?
Our model-based price target is the fair value of €32.30 (as of Sep 30, 2026) from 8 valuation models. Cautious scenario €14.76, optimistic scenario €41.49. It is a calculation from audited fundamentals, not an analyst target.
What is the Kintetsu Group stock forecast for 2026?
Our models put fair value at €32.30, about +77% upside versus a price of €18.30 (undervalued). Cautious scenario €14.76, optimistic scenario €41.49. The calculation is refreshed regularly with new filings.
What is the revenue of Kintetsu Group (KKI)?
Kintetsu Group reported trailing-twelve-month revenue of about ¥1.8T (latest available figure, as of Sep 30, 2026).
Does Kintetsu Group pay a dividend?
Kintetsu Group currently shows a dividend yield of about 1.95% relative to its recent price (as of Sep 30, 2026).
What is the intrinsic value of Kintetsu Group (KKI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kintetsu Group it is €32.30 per share (as of Sep 30, 2026), against a price of €18.30. It is the blended result of 8 valuation models (cash flow, earnings, asset, dividend).
Is Kintetsu Group stock overvalued or undervalued in 2026?
As of Sep 30, 2026, KKI trades below its calculated fair value: price €18.30, fair value €32.30, a gap of about +77% (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 KKI?
No. The price is what the market pays today (€18.30); the fair value is what the company's own numbers justify (€32.30). For Kintetsu Group the two are €14.00 per share apart. That gap is exactly why we show both numbers side by side.
How much is Kintetsu Group worth?
The market values Kintetsu Group at about €3.5B (market capitalisation, as of Sep 30, 2026). Per share that is €18.30; our models calculate a fair value of €32.30 per share.
What do the bullish and bearish scenarios say about KKI?
Our models span a range for Kintetsu Group: cautious scenario €14.76, base €32.30, optimistic €41.49 per share (as of Sep 30, 2026, price €18.30). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KKI?
Kintetsu Group trades at a price-to-earnings ratio of 11.7 (as of Sep 30, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €32.30 is built from several models across several years. Other multiples: P/B 1.0, P/S 0.4, EV/EBITDA 8.3.
How solid is the balance sheet of Kintetsu Group (KKI)?
Balance-sheet figures for Kintetsu Group (as of Sep 30, 2026): return on equity 9.9%, debt of 1.71 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is KKI from its 52-week high?
Kintetsu Group trades at €18.30, about 7% below its 52-week high of €19.60 and 23% above the low of €14.86 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of €32.30 is for.
Which stocks are comparable to Kintetsu Group?
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 Kintetsu Group stock attractive at the current price?
The data as of Sep 30, 2026: price €18.30, calculated fair value €32.30 (+77%), Quality Score 46/100, 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 KKI calculated?
We run Kintetsu Group 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 €32.30, 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 14.5 % above its aggregate fair value. Kintetsu Group currently trades 43 % 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 Kintetsu Group (KKI)?
The closing price on Oct 1, 2026 was €18.30. Our model-based fair value is €32.30, about +77% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kintetsu Group right now?
The model range is unusually wide (€14.76 to €41.49). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Kintetsu Group
How large is the market capitalisation of Kintetsu Group (KKI)?
The market capitalisation of Kintetsu Group is €3.5B. 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 Kintetsu Group (KKI)?
The price-to-sales ratio of Kintetsu Group is 0.36 (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 Kintetsu Group (KKI)?
Earnings per share at Kintetsu Group are €1.57 (price ÷ EPS = P/E 11.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Kintetsu Group (KKI)?
The dividend yield of Kintetsu Group is 2.0% (payout 22.7%). 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 Kintetsu Group (KKI)?
The net margin of Kintetsu Group is 3.1% (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 Kintetsu Group (KKI)?
The return on equity (ROE) of Kintetsu Group is 9.9% (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 Kintetsu Group (KKI)?
On an EBIT basis the return on assets of Kintetsu Group is 2.7% (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 Kintetsu Group (KKI)?
The operating margin of Kintetsu Group is 5.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kintetsu Group (KKI)?
Revenue at Kintetsu Group is growing +7.7% versus a year earlier (3y avg +3.9%). 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 Kintetsu Group (KKI)?
Earnings per share at Kintetsu Group are growing +9.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Kintetsu Group (KKI) generate?
The free cash flow of Kintetsu Group is −¥33.8B (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 Kintetsu Group (KKI) carry?
The net debt of Kintetsu Group is ¥1.1T (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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