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Definitive Analysis

Financial Statements

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Ticker

Industry

Sector

Page: Earnings Power Value

KH Neochem Co., Ltd.

Ticker: 4189.T | Industry: Chemicals | Sector: Basic Materials
$2,575.00 +25.00 (0.98%)
As of: 2026-01-27

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Valuation Snapshot

Intrinsic Range$2,136.87 — $3,056.54
Selected Value (Mid)$2,596.70
Live Price$2,480.00
Upside / Downside4.71%

EPV Per Share Breakdown

MetricLowMidHigh
EPV Per Share$2,136.87$2,596.70$3,056.54

Normalized EBIT Margin

ScenarioMargin
Low9.51%
Mid11.19%
High12.87%

Normalized Tax Rate

MetricValue
Tax Rate30.11%

Adjusted Earnings (NOPAT)

ScenarioValue
Low7,949,129,604
Mid9,351,917,181
High10,754,704,758

Capital Structure

ComponentValue
Net Debt16,471,000,000
Shares Outstanding35,128,841
WACC8.68%

Reverse EPV (Market Implied)

If "Implied" > "Actual", market expects profitability to improve.

MetricActual (LTM)Market Implied
EBIT Margin11.19%11.03%
NOPAT (Earnings)9,351,917,1819,215,540,645
Enterprise Value107,690,220,248106,119,802,232

Valuation Details

MetricLowMidHigh
Enterprise Value91,536,687,211107,690,220,248123,843,753,285
(-) Net Debt16,471,000,00016,471,000,00016,471,000,000
(=) Equity Value75,065,687,21191,219,220,248107,372,753,285
(/) Shares Outstanding35,128,84135,128,84135,128,841
(=) Fair Value$2,136.87$2,596.70$3,056.54
Live Price$2,480.00$2,480.00$2,480.00
Upside %-13.84%4.71%23.25%

High-Upside EPV Screener

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