TSI Holdings Co.Ltd (TSIHF) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of TSI Holdings Co.Ltd $4.90, price $8.23, upside -40.5%, quality 51 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch TSI Holdings Co.Ltd 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, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $1.71 – $8.23 · fair‑value band $4.38 – $5.57 · the $8.23 price screens above the $4.90 fair value. Dashed = 300-day average. As of Sep 23, 2026.
Follow TSI Holdings Co.Ltd in your weekly email
Every Wednesday you see whether TSI Holdings Co.Ltd 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.
TSI Holdings Co.,Ltd. engages in the planning, manufacture, and sale of clothing in Japan and internationally.
Show more
TSI Holdings Co.,Ltd. engages in the planning, manufacture, and sale of clothing in Japan and internationally. It is also involved in the general lifestyle business; planning, manufacture, and sale of fashion, accessories, and furniture, as well as planning, purchasing, and wholesale of overseas brands; import, wholesale, and sale of cosmetics, perfumes, soaps, quasi-drugs, and clothing; and employment placement and worker dispatch businesses. In addition, the company engages in the web service development, design, and operation business; and media, advertising, and service sales agency businesses. TSI Holdings Co.,Ltd. was incorporated in 2011 and is headquartered in Tokyo, Japan.
Stock analysis
TSI Holdings Co.Ltd (TSIHF) currently trades at $8.23, while our model-based Fair Value estimate is $4.90, implying the stock looks roughly 68.0% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $4.90 per share, and 0 of the 13 models we run sit above the $8.23 price.
Bear case: the Earnings-Based group reads lowest at $1.18, and 13 of the 13 models stay below the price. Evidence for this calculation is high.
Scenario range: $4.38 (bear) to $5.57 (bull), the price of $8.23 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 51/100 (solid quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
TSI Holdings Co.Ltd reported revenue of ¥168B in FY2026 versus ¥140B in FY2022, a compound +4.5%/yr. Reported net income was ¥3.8B in FY2026, compounding +38.9%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap $516M · P/E ratio 5.5 · P/S ratio 0.12 · EPS (TTM) $1.51 · Dividend yield 3.2% · Net margin 2.3% · Return on equity 3.4% · Return on assets (EBIT) 2.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades at its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −1% fair-value upside, at −40%, TSIHF screens richer than that median.
Fair Value models
Bear $4.38Fair Value $4.90Bull $5.57
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.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.36/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+7.0%
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.
+2.8%
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.
+4.6%
Start year 2021 (pandemic). Over 10 years: +0.0% a year
Revenue growth 14 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.
+0.9%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
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.
+24.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+21.0%
Dividend (yield on the price)3.2%
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.21% vs 11%, 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% → 3%
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.Apparel Manufacturing · 228 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside−41% · Below median
Profitability
Return on equity (TTM)3% · Below median
Return on assets2% · Below median
Net margin (TTM)2% · Below median
Operating margin (TTM)1% · Below median
Growth and dividend
Revenue growth25% · Top 25%
Dividend yield (TTM)3.2% · Above median
Balance sheet
Debt / equity0.32× · Highest 25%
Valuation Multiplesvs Apparel Manufacturing median · lower = cheaper
P/E (TTM)5.5× · Cheapest 25%
P/B0.82× · Cheaper than median
P/S (TTM)0.49× · Cheaper than median
EV/EBITDA8.8× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 37
FUTURE (revenue growth)100· sector 4
PAST (return on equity)13· sector 19
HEALTH (low debt)84· sector 98
DIVIDEND (yield)65· sector 57
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.
Is TSI Holdings Co.Ltd (TSIHF) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $4.90 versus a price of $8.23, about −40% upside (overvalued).
What is the fair value of TSIHF?
Our model-based fair value for TSI Holdings Co.Ltd is $4.90 (as of Sep 23, 2026), built from audited fundamentals. The current price: $8.23.
What is the quality score of TSIHF?
TSI Holdings Co.Ltd has a Quality Score of 51/100. 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 TSI Holdings Co.Ltd (TSIHF)?
Our model-based price target is the fair value of $4.90 (as of Sep 23, 2026) from 13 valuation models. Cautious scenario $4.38, optimistic scenario $5.57. It is a calculation from audited fundamentals, not an analyst target.
What is the TSI Holdings Co.Ltd stock forecast for 2026?
Our models put fair value at $4.90, about −40% upside versus a price of $8.23 (overvalued). Cautious scenario $4.38, optimistic scenario $5.57. The calculation is refreshed regularly with new filings.
What is the revenue of TSI Holdings Co.Ltd (TSIHF)?
TSI Holdings Co.Ltd reported trailing-twelve-month revenue of about ¥167B (latest available figure, as of Sep 23, 2026).
Does TSI Holdings Co.Ltd pay a dividend?
TSI Holdings Co.Ltd currently shows a dividend yield of about 3.23% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of TSI Holdings Co.Ltd (TSIHF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TSI Holdings Co.Ltd it is $4.90 per share (as of Sep 23, 2026), against a price of $8.23. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is TSI Holdings Co.Ltd stock overvalued or undervalued in 2026?
As of Sep 23, 2026, TSIHF trades above its calculated fair value: price $8.23, fair value $4.90, a gap of about −40% (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 TSIHF?
No. The price is what the market pays today ($8.23); the fair value is what the company's own numbers justify ($4.90). For TSI Holdings Co.Ltd the two are $3.33 per share apart. That gap is exactly why we show both numbers side by side.
How much is TSI Holdings Co.Ltd worth?
The market values TSI Holdings Co.Ltd at about $516M (market capitalisation, as of Sep 23, 2026). Per share that is $8.23; our models calculate a fair value of $4.90 per share.
What do the bullish and bearish scenarios say about TSIHF?
Our models span a range for TSI Holdings Co.Ltd: cautious scenario $4.38, base $4.90, optimistic $5.57 per share (as of Sep 23, 2026, price $8.23). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TSIHF?
TSI Holdings Co.Ltd trades at a price-to-earnings ratio of 5.5 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $4.90 is built from several models across several years. Other multiples: P/B 0.8, P/S 0.5, EV/EBITDA 8.8.
How solid is the balance sheet of TSI Holdings Co.Ltd (TSIHF)?
Balance-sheet figures for TSI Holdings Co.Ltd (as of Sep 23, 2026): return on equity 3.4%, debt of 0.32 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is TSIHF from its 52-week high?
TSI Holdings Co.Ltd trades at $8.23, at its 52-week high of $8.23 and at the low of $8.23 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of $4.90 is for.
Which stocks are comparable to TSI Holdings Co.Ltd?
From the same area (Consumer Cyclical) we also value Ralph Lauren Corporation, Moncler S.p.A, Gildan Activewear Inc, LPP SA, 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 TSI Holdings Co.Ltd stock attractive at the current price?
The data as of Sep 23, 2026: price $8.23, calculated fair value $4.90 (−40%), Quality Score 51/100, from 13 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 TSIHF calculated?
We run TSI Holdings Co.Ltd through 13 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 $4.90, 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 14.0 % above its aggregate fair value. TSI Holdings Co.Ltd 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 TSI Holdings Co.Ltd (TSIHF)?
The closing price on Sep 24, 2026 was $8.23. Our model-based fair value is $4.90, about −40% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TSI Holdings Co.Ltd right now?
The price sits above even our optimistic bull case ($5.57). The favourable scenario is already priced in. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of TSI Holdings Co.Ltd (TSIHF) come from?
Earnings per share at TSI Holdings Co.Ltd grew +19.3 % a year from 2015 to 2026. Broken into its drivers: revenue per share +4.1 %, EBIT margin +6.8 %, tax rate +1.6 %, residual (interest, one-offs) +5.7 %. 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 TSI Holdings Co.Ltd
How large is the market capitalisation of TSI Holdings Co.Ltd (TSIHF)?
The market capitalisation of TSI Holdings Co.Ltd is $516M. 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 TSI Holdings Co.Ltd (TSIHF)?
The price-to-sales ratio of TSI Holdings Co.Ltd is 0.12 (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 TSI Holdings Co.Ltd (TSIHF)?
Earnings per share at TSI Holdings Co.Ltd are $1.51 (price ÷ EPS = P/E 5.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of TSI Holdings Co.Ltd (TSIHF)?
The dividend yield of TSI Holdings Co.Ltd is 3.2% (payout 17.6%). 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 TSI Holdings Co.Ltd (TSIHF)?
The net margin of TSI Holdings Co.Ltd is 2.3% (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 TSI Holdings Co.Ltd (TSIHF)?
The return on equity (ROE) of TSI Holdings Co.Ltd is 3.4% (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 TSI Holdings Co.Ltd (TSIHF)?
On an EBIT basis the return on assets of TSI Holdings Co.Ltd is 2.0% (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 TSI Holdings Co.Ltd (TSIHF)?
The operating margin of TSI Holdings Co.Ltd is 1.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TSI Holdings Co.Ltd (TSIHF)?
Revenue at TSI Holdings Co.Ltd is growing +24.5% versus a year earlier (3y avg +2.8%). 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 TSI Holdings Co.Ltd (TSIHF)?
Earnings per share at TSI Holdings Co.Ltd are growing −95.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does TSI Holdings Co.Ltd (TSIHF) generate?
The free cash flow of TSI Holdings Co.Ltd is −¥10.2B (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 TSI Holdings Co.Ltd (TSIHF) carry?
The net debt of TSI Holdings Co.Ltd is ¥16.3B (fiscal year 2026). 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 TSI Holdings Co.Ltd in the live analysis
One click puts TSI Holdings Co.Ltd 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.
Broad data
Sep 23, 2026