BANDAI NAMCO Holdings Inc (NCBDY) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of BANDAI NAMCO Holdings Inc $16.11, price $17.90, upside -10.0%, quality 75 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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BANDAI NAMCO Holdings Inc
NCBDY · USGreat Company, Expensive PriceHigh Quality, but the stock trades above estimated Fair Value.
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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 23, 2026.
How to read this chart
60‑month range $8.07 – $18.37 · fair‑value band $11.08 – $23.42 · the $17.90 price screens above the $16.11 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
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Company profile
BANDAI NAMCO Holdings Inc. develops entertainment-related products and services worldwide. It operates in four segments: Digital Business, Toys and Hobby Business, Video and Music Business, and Amusement Business. The company offers toys, capsule toys, cards, confectionery and foods, apparel, sundries, plastic models, prizes, stationery, and other products.
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BANDAI NAMCO Holdings Inc. develops entertainment-related products and services worldwide. It operates in four segments: Digital Business, Toys and Hobby Business, Video and Music Business, and Amusement Business. The company offers toys, capsule toys, cards, confectionery and foods, apparel, sundries, plastic models, prizes, stationery, and other products. It also provides planning, development, manufacturing, and sales of plastic models, toys for the mature fan base, character lottery products, and special amusement prizes; planning, development, production, and sales of character, fancy, schoolchildren's, creative, premium stationery, and other sundries; planning, development, and manufacturing of pachinko and pachislot machines, electronic-related equipment; and planning, design, and website production, event planning, and administration. In addition, the company offers procurement of amusement prizes and character lottery products for convenience stores; planning, distribution, and sales of entertainment content, such as network content and home video games, PC content; and development, manufacturing, and sales of visual substrates; planning and operation of other new businesses. Further, it provides the planning and production of animation products; copyrights and rights business; production and agency operations in sports entertainment; planning, production, and sales of indoor-use recreation products; and procurement, sales, importing, and exporting of toys. Additionally, the company involved in the distribution, customs brokerage, product inspection, product manufacturing support, truck freight, industrial waste collection and transportation, logistics management, warehouse operations, and vehicle maintenance activities. The company was formerly known as NAMCO BANDAI Holdings, Inc. and changed its name to BANDAI NAMCO Holdings Inc. in June 2014. The company was incorporated in 2005 and is headquartered in Minato, Japan.
Stock analysis
BANDAI NAMCO Holdings Inc (NCBDY) currently trades at $17.90, while our model-based Fair Value estimate is $16.11, implying the stock looks roughly 11.1% overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $17.64 per share, and 7 of the 24 models we run sit above the $17.90 price.
Bear case: the Asset-Based group reads lowest at $3.02, and 17 of the 24 models stay below the price. Evidence for this calculation is high.
Scenario range: $11.08 (bear) to $23.42 (bull), the price of $17.90 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 75/100 (high quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
BANDAI NAMCO Holdings Inc reported revenue of ¥1.4T in FY2026 versus ¥889B in FY2022, a compound +12.6%/yr. Reported net income was ¥149B in FY2026, compounding +12.6%/yr from FY2022.
Key figures
Market cap $23.2B · P/E ratio 26.3 · P/S ratio 2.75 · EPS (TTM) $0.6800 · Dividend yield 2.5% · Net margin 10.4% · Return on equity 17.0% · Return on assets (EBIT) 13.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 61% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 38% fair-value upside, at −10%, NCBDY screens richer than that median.
Fair Value models
All 24 models by family
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Set up alert →Quality Score breakdown
Of which business quality 74 · Market factors (momentum, volatility) 77
Revenue & earnings trend
Growth Forecast
NCBDY screens 11% overvalued. Compare with ANTA Sports Products Limited →
Compare BANDAI NAMCO Holdings Inc with another stock
Price, fair value, quality and upside side by side.
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.Leisure · 189 stocks
Valuation Multiplesvs Leisure median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Leisure stocks, each showing price versus our Fair Value estimate.
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|---|---|---|---|
| ANTA Sports Products Limited 2020 | HK$71.80 | HK$166.82 | +132% |
| Pop Mart International Group 9992 | HK$153.50 | HK$211.79 | +38% |
| Amer Sports, Inc AS | $27.65 | $19.17 | −31% |
| Hasbro, Inc HAS | $86.91 | $85.71 | −1% |
| Life Time Group LTH | $38.19 | $15.61 | −59% |
| Acushnet Holdings GOLF | $83.20 | $42.95 | −48% |
| Ninebot Limited 689009 | ¥37.48 | ¥108.20 | +189% |
| Li Ning Company 2331 | HK$12.38 | HK$29.57 | +139% |
| Benefit Systems S.A BFT | 5,070 PLN | 5,577 PLN | +10% |
| Mattel, Inc MAT | $13.21 | $21.24 | +61% |
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Key figures of BANDAI NAMCO Holdings Inc
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