Konami Holdings Corp (KNM) fair value: what the stock is really worth
As of Oct 16, 2026: fair value (intrinsic value) of Konami Holdings Corp stock ¥13,641, price ¥24,010, upside -43.2%, quality 75 out of 100. Rating: strongly overvalued. 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 22, 2026.
How to read this chart
60‑month range ¥50.91 – ¥25,421 · fair‑value band ¥9,549 – ¥17,733 · the ¥24,010 price screens above the ¥13,641 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 22, 2026.
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Konami Group Corporation, together with its subsidiaries, primarily engages in the digital entertainment, amusement, gaming and systems, and sports businesses in Japan, Asia/Oceania countries, the United States, and Europe.
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The company's Digital Entertainment segment engages in the production, manufacture, and sale of digital content and related products, including mobile games, card games, and computer and video games.
The Amusement segment engages in the design, production, and sale of amusement machines; and offers online game services. The company's Gaming & Systems segment produces, manufactures, distributes, and services gaming machines and casino management systems.
The Sports segment operates sports clubs and sports classes, including swimming, gymnastics, dance, soccer, tennis, and golf, as well as produces and sells sports-related goods.
The company was formerly known as Konami Holdings Corporation and changed its name to Konami Group Corporation in July 2022. Konami Group Corporation was founded in 1969 and is headquartered in Tokyo, Japan.
Stock analysis
Konami Holdings Corp (KNM) currently trades at ¥24,010, while our model-based Fair Value estimate is ¥13,641, 43.2% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥13,641 per share, and 0 of the 26 models we run sit above the ¥24,010 price.
Bear case: the Asset-Based group reads lowest at ¥1,773, and 26 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥9,549 (bear) to ¥17,733 (bull), the price of ¥24,010 sits above 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 75/100 (high quality), in the Communication Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Konami Holdings Corp reported revenue of ¥494B in FY2026 versus ¥300B in FY2022, a compound +13.3%/yr. Reported net income was ¥100B in FY2026, compounding +16.2%/yr from FY2022.
Key figures
Market cap ¥3.3T (≈ $20.6B) Large · P/E ratio 20.4 · P/S ratio 4.14 · EPS (TTM) ¥1,175 · Dividend yield 0.9% · Net margin 20.3% · Return on equity 21.2% · Return on assets (EBIT) 14.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 82 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 40% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 43% fair-value upside, at −43%, KNM screens richer than that median.
Fair Value models
Bear¥9,549Fair Value ¥13,641Bull¥17,733
Price ¥24,010 · Upside -43.2%
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 (¥535.36 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.97/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+17.1%
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.
+16.2%
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.
+12.6%
Start year 2021 (pandemic). Over 10 years: +7.0% a year
Revenue growth 25 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.
+4.3%
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What shareholders gained per year (last 5 years), in JPY (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+26.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+25.4%
Dividend (yield on the price)0.9%
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.25.4% vs 25.5%, steady
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.13% → 29%
2026 sits 69% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+17.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about +15.2% a year for the price and +5.6% for the forecasts.
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.Electronic Gaming & Multimedia · 134 stocks
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.
Is Konami Holdings Corp (KNM) overvalued or undervalued?
As of Oct 22, 2026, our model estimates a fair value of ¥13,641 versus a price of ¥24,010, about −43% upside (overvalued).
What is the fair value of KNM?
Our model-based fair value for Konami Holdings Corp is ¥13,641 (as of Oct 22, 2026), built from audited fundamentals. The current price: ¥24,010.
What is the quality score of KNM?
Konami Holdings Corp has a Quality Score of 75/100. 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 Konami Holdings Corp (KNM)?
Our model-based price target is the fair value of ¥13,641 (as of Oct 22, 2026) from 26 valuation models. Cautious scenario ¥9,549, optimistic scenario ¥17,733. It is a calculation from audited fundamentals, not an analyst target.
What is the Konami Holdings Corp stock forecast for 2026?
Our models put fair value at ¥13,641, about −43% upside versus a price of ¥24,010 (overvalued). Cautious scenario ¥9,549, optimistic scenario ¥17,733. The calculation is refreshed regularly with new filings.
What is the revenue of Konami Holdings Corp (KNM)?
Konami Holdings Corp reported trailing-twelve-month revenue of about ¥526B (latest available figure, as of Oct 22, 2026).
Does Konami Holdings Corp pay a dividend?
Konami Holdings Corp currently shows a dividend yield of 0.92% relative to its recent price (as of Oct 22, 2026).
What growth is priced into Konami Holdings Corp (KNM)?
For today's price to be fair in a discounted-cash-flow model, Konami Holdings Corp would have to grow free cash flow by +17.7 % per year for five years (discount rate 8.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.6 % per year. As of Oct 22, 2026.
What discount rate (WACC) does the fair value of KNM use?
Our models discount Konami Holdings Corp at 8.6 %: a base by market capitalisation (large), damped by beta 0.42, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Konami Holdings Corp that is +17.7 % per year a year over ten years, using the same discount rate (8.6 %) and the same formula as our fair value.
How much growth has Konami Holdings Corp (KNM) delivered so far?
Over the past 5 years revenue at Konami Holdings Corp grew +12.6 % a year. The price currently implies +17.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Konami Holdings Corp (KNM) growing?
The median revenue growth in the sector is +3.4 % a year. That is the yardstick for the growth priced into Konami Holdings Corp (+17.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Konami Holdings Corp (KNM)?
The free-cash-flow yield on the price is 2.46 %: that much free cash flow Konami Holdings Corp produces per unit of market value. When it exceeds the discount rate of our models (8.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Konami Holdings Corp (KNM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Konami Holdings Corp it is ¥13,641 per share (as of Oct 22, 2026), against a price of ¥24,010. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Konami Holdings Corp stock overvalued or undervalued in 2026?
As of Oct 22, 2026, KNM trades above its calculated fair value: price ¥24,010, fair value ¥13,641, a gap of about −43% (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 KNM?
No. The price is what the market pays today (¥24,010); the fair value is what the company's own numbers justify (¥13,641). For Konami Holdings Corp the two are ¥10,369 per share apart. That gap is exactly why we show both numbers side by side.
How much is Konami Holdings Corp worth?
The market values Konami Holdings Corp at about ¥3.3T (market capitalisation, as of Oct 22, 2026). Per share that is ¥24,010; our models calculate a fair value of ¥13,641 per share.
What do the bullish and bearish scenarios say about KNM?
Our models span a range for Konami Holdings Corp: cautious scenario ¥9,549, base ¥13,641, optimistic ¥17,733 per share (as of Oct 22, 2026, price ¥24,010). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KNM?
Konami Holdings Corp trades at a price-to-earnings ratio of 20.4 (as of Oct 22, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥13,641 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings: 23.6. Other multiples: PEG 1.9, P/B 5.8, P/S 6.2, EV/EBITDA 15.0.
What is the PEG ratio of KNM?
The PEG ratio of Konami Holdings Corp is 1.93 (P/E divided by earnings growth, as of Oct 22, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Konami Holdings Corp (KNM)?
Balance-sheet figures for Konami Holdings Corp (as of Oct 22, 2026): return on equity 21.2%, debt of 0.07 per unit of equity. They feed the Quality Score of 75/100, which measures business quality independently of the share price.
How far is KNM from its 52-week high?
Konami Holdings Corp trades at ¥24,010, about 6% below its 52-week high of ¥25,421 and 40% above the low of ¥17,189 (as of Oct 16, 2026). Distance from the high says nothing about value: that is what the fair value of ¥13,641 is for.
Which stocks are comparable to Konami Holdings Corp?
From the same area (Communication Services) we also value NetEase, Inc, Take-Two Interactive Software, Inc, Roblox Corporation, Zhejiang Century Huatong Group, 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 Konami Holdings Corp stock attractive at the current price?
The data as of Oct 22, 2026: price ¥24,010, calculated fair value ¥13,641 (−43%), Quality Score 75/100, from 26 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 KNM calculated?
We run Konami Holdings Corp through 26 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 ¥13,641, 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 13.6 % above its aggregate fair value. Konami Holdings Corp 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 Konami Holdings Corp (KNM)?
The closing price on Oct 16, 2026 was ¥24,010. Our model-based fair value is ¥13,641, about −43% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Konami Holdings Corp right now?
A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (¥17,733). The favourable scenario is already priced in. A fairly wide model range (¥9,549 to ¥17,733) leaves room in how you read the outcome.
Where does the earnings growth of Konami Holdings Corp (KNM) come from?
Earnings per share at Konami Holdings Corp grew +19.9 % a year from 2015 to 2026. Broken into its drivers: revenue per share +7.2 %, EBIT margin +9.9 %, tax rate +1.8 %, residual (interest, one-offs) +0.1 %. 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 Konami Holdings Corp
How large is the market capitalisation of Konami Holdings Corp (KNM)?
The market capitalisation of Konami Holdings Corp is ¥3.3T (≈ $20.6B). 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 Konami Holdings Corp (KNM)?
The price-to-sales ratio of Konami Holdings Corp is 4.14 (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 Konami Holdings Corp (KNM)?
Earnings per share at Konami Holdings Corp are ¥1,175 (price ÷ EPS = P/E 20.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Konami Holdings Corp (KNM)?
The dividend yield of Konami Holdings Corp is 0.9% (payout 18.9%). 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 Konami Holdings Corp (KNM)?
The net margin of Konami Holdings Corp is 20.3% (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 Konami Holdings Corp (KNM)?
The return on equity (ROE) of Konami Holdings Corp is 21.2% (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 Konami Holdings Corp (KNM)?
On an EBIT basis the return on assets of Konami Holdings Corp is 14.1% (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 Konami Holdings Corp (KNM)?
The operating margin of Konami Holdings Corp is 35.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Konami Holdings Corp (KNM)?
Revenue at Konami Holdings Corp is growing +33.6% versus a year earlier (3y avg +16.2%). 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 Konami Holdings Corp (KNM)?
Earnings per share at Konami Holdings Corp are growing +64.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Konami Holdings Corp (KNM) hold?
Konami Holdings Corp holds more cash than debt, ¥288B net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Broad data
Oct 22, 2026