Toyota Tsusho stock: fair value
8015.TThe fair value of Toyota Tsusho under our model is $28.97, the price is 44% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Modestly overvaluedClosing price of 12 Nov 2026, used by the daily score.
In our model the price counts as cheap below $20.70 and expensive above $48.29 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $14.31 (cash-flow model) and $43.64 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 6.1%. At 7.1% the fair value would be $27.78, at 5.1% it would be $30.76.
Where the number comes from
Half from the dividend model, half from earnings times the industry P/E (14.7).
Dividend model: the dividend grows by 1.1% a year for good and is discounted at 6.1% (floor: government bond yield 1.1% plus 5 percentage points, since beta 0.8 times the risk premium would give less).
Calculate with your own assumptionsThe calculation step by step
With these figures the dividend model arrives at $14.31 per share: next year's dividend divided by the gap between the discount rate and growth. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Step | Value |
|---|---|
| Dividend per share | $0.71 |
| Next dividend: × (1 + 1.1%) | $0.72 |
| Value per share: next dividend / (6.1% − 1.1%) | $14.31 |
| Earnings per share, last twelve months | $2.97 |
| × 14.7 (industry P/E) | $43.64 |
| Fair value (average of both parts) | $28.97 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 13 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ¥159.70)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 4 Sep 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.