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Fast Retailing Co DRC (6288) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$1.3T (≈ $160B) · ISIN US31188H2004

What is Fast Retailing Co DRC really worth?

FR Fast Retailing Co DRC 6288 · HK
PriceHK$35.30
Fair ValueHK$15.24
Upside−56.8%
Quality75/100

A strong business, but trading 132% above our fair value of HK$15.24.

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Strengths

Solidly profitable · 13.1% net margin
Low debt · generates free cash flow
Wide moat 66/100

Risks

!Mixed Growth (revenue 5y +11.1 %/yr)
!Mixed vs. peers (7/12)
!Evidence only medium, so the estimate is less certain
!Weak on dividend: 16 out of 100

For context

·0.79% dividend yield
Evidence: Medium Range HK$11.27 – HK$19.05

Fair value as of: Aug 22, 2026

From 26 valuation models · updated 14 days ago

Fair value updated Aug 22, 2026, revised from HK$15.21 to HK$15.24 (+0.2%) since Aug 13, 2026. Share price −11.5% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters 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 (HK$19.05). The favourable scenario is already priced in.

Price vs Fair Value (5 years)

HK$42.54 HK$11.00 Fair Value HK$15.24 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range HK$11.00 – HK$42.54 · fair‑value band HK$11.27 – HK$19.05 · the HK$35.30 price screens above the HK$15.24 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 22, 2026.

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Analysis

Fast Retailing Co DRC (6288) currently trades at HK$35.30, while our model-based Fair Value estimate is HK$15.24, implying the stock looks roughly 131.6% overvalued today. The Quality Score stands at 75/100 (high quality), in the Consumer Cyclical sector. Bull case: the Economic Profit group reads highest at a median of HK$126.58 per share, and 26 of the 26 models we run sit above the HK$35.30 price. Bear case: the Asset-Based group reads lowest at HK$49.63, and 0 of the 26 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Fast Retailing Co DRC generated revenue of HK$3.7T at a net margin of 13.1%. Revenue grew 14.8% year over year. It earns a return on equity of 20.6%. The balance sheet holds a net cash position of HK$239B. Fundamentals as of Aug 22, 2026

Our scenario range runs from HK$11.27 (bear case) to HK$19.05 (bull case); at HK$35.30, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 15% below its 52-week high and 55% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −21% fair-value upside, at −57%, 6288 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

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
Highest evidence
FCF DCF best evidence HK$217.56 HK$373.38 HK$650.69 78
Growth DCF HK$217.66 HK$365.75 HK$628.55 76
Owner Earnings HK$247.42 HK$427.36 HK$747.58 74
All 26 models by family
DCF Models
FCF DCF best evidence HK$217.56 HK$373.38 HK$650.69 78
Owner Earnings HK$247.42 HK$427.36 HK$747.58 74
5Y Revenue Exit HK$147.85 HK$223.10 HK$321.81 72
5Y EBITDA Exit HK$229.55 HK$388.64 HK$585.91 74
5Y P/E Exit HK$231.98 HK$393.57 HK$575.85 70
10Y Revenue Exit HK$165.97 HK$245.30 HK$360.15 66
10Y EBITDA Exit HK$224.25 HK$368.20 HK$582.61 67
10Y P/E Exit HK$225.89 HK$371.85 HK$574.14 63
Earnings-Based
Graham-Dodd HK$95.96 HK$418.09 HK$571.87 64
Lynch FV HK$107.67 HK$153.82 HK$199.97 61
PEG = 1.0 HK$107.67 HK$153.82 HK$199.97 57
EPV HK$146.06 HK$167.51 HK$186.57 74
Dividend Discount
Gordon GGM HK$44.71 HK$97.62 HK$164.24 65
DDM Multi-Stage HK$44.71 HK$79.96 HK$101.73 66
Multiples
P/E Multiple HK$232.85 HK$310.46 HK$388.08 63
P/S Multiple HK$99.74 HK$132.99 HK$166.24 58
P/B Multiple HK$179.93 HK$239.90 HK$299.88 55
EV/EBIT HK$272.81 HK$355.57 HK$438.32 66
EV/EBITDA HK$253.56 HK$329.89 HK$406.23 67
EV/Revenue HK$117.65 HK$157.54 HK$197.44 54
Asset-Based
NCAV (Graham) HK$37.04 HK$49.63 HK$74.08 54
Growth DCF
Growth DCF HK$217.66 HK$365.75 HK$628.55 76
Rev-Margin DCF HK$147.85 HK$222.98 HK$318.47 72
Economic Profit
Residual Income HK$96.33 HK$126.58 HK$498.02 64
ROIC Compounder HK$162.05 HK$209.20 HK$269.86 72
Growth Earnings
Growth-Adj P/E HK$183.40 HK$262.01 HK$340.61 67

Widest divergence: DCF Models (HK$371.85) versus Asset-Based (HK$49.63). Highest evidence: FCF DCF (78).

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Key figures & financial health

P/E ratio 54.6 as of Jul 2, 2026
P/S ratio 6.96 P/E × margin
EPS (TTM) HK$0.3936 price ÷ EPS = P/E 54.6
Dividend yield 0.8% payout 70.9%
Net margin 12.7% FY2025
Return on equity 20.6% TTM
More key figures
Profitability
Return on assets (EBIT) 11.9% avg 5y
Operating margin 17.7% TTM
Growth
Revenue (TTM) HK$3.7T TTM
Revenue growth (YoY) +14.8% 3y avg +13.9%
EPS growth (YoY) +29.8%
Balance sheet & cash flow
Free cash flow HK$445B FY2025
Net cash HK$239B FY2025

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 75/100

Of which business quality 74 · Market factors (momentum, volatility) 68

Profitability 69
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Fast Retailing Co., Ltd. operates as an apparel designer and retailer in Japan and internationally. The company operates through UNIQLO Japan, UNIQLO International, GU, and Global Brands segments. It manufactures and retails clothing for men, women, children, and babies.

Full company description

Fast Retailing Co., Ltd. operates as an apparel designer and retailer in Japan and internationally. The company operates through UNIQLO Japan, UNIQLO International, GU, and Global Brands segments. It manufactures and retails clothing for men, women, children, and babies. The company operates stores and franchises under the UNIQLO, GU, PLST, Theory, COMPTOIR DES COTONNIERS, J Brand, and PRINCESSE TAM.TAM brand names. It sells its products through online; and provides real estate leasing services. The company was formerly known as Ogori Shoji Co., Ltd. and changed its name to Fast Retailing Co., Ltd. in September 1991. The company was founded in 1949 and is headquartered in Yamaguchi, Japan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fast Retailing Co DRC reported revenue of ¥3.4T in FY2025 versus ¥2.1T in FY2021, a compound +12.4%/yr. Reported net income was ¥433B in FY2025, compounding +26.4%/yr from FY2021.

Growth Quality 93/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$3.4T
Latest YoY
+9.6%
Avg. revenue growth/yr (3Y) 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.
+13.9%
Avg. revenue growth/yr (5Y) 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.
+11.1%
Avg. revenue growth/yr (25Y) 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.
+11.4%
Value creation/yr (5Y, in JPY) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. 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.
−1.6% (−2.4 + 0.8)
Revenue +12.4%/yr
FY21 ¥2.1T
FY22 ¥2.3T
FY23 ¥2.8T
FY24 ¥3.1T
FY25 ¥3.4T
Net income +26.4%/yr
FY21 ¥170B
FY22 ¥273B
FY23 ¥296B
FY24 ¥372B
FY25 ¥433B
Character of growth · EPS growth decomposed (2014-2025) +24.2 % p.a.
Revenue per share +12.3 %

of which total revenue +7.5 % · buybacks/dilution +4.5 %

EBIT margin +6.7 %
Tax rate +1.7 %
Residual (interest, one-offs) +1.9 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

6288 screens 132% overvalued. Compare with Industria de Diseño Textil, S.A →

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Cite: Fair Value Calculator (2026). "Fast Retailing Co DRC Fair Value". https://www.fairvalue-calculator.com/stock/6288

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Apparel Retail · 103 stocks

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.

Quality Score 75 · Top 25%
Fair Value upside −57% · Bottom 25%
Return on equity (TTM) 21% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth 15% · Top 25%
Dividend yield (TTM) 0.8% · Bottom 25%
Debt / equity 0.06× · Higher than median

Valuation Multiples vs Apparel Retail median · lower = cheaper

P/E (TTM) 54.6× · Pricier than 75% of peers
P/FCF 0.4× · Cheaper than 75% of peers
PEG 3.09× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 28
FUTURE74 · sector 19
PAST82 · sector 29
HEALTH97 · sector 100
DIVIDEND16 · sector 59

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Apparel Retail stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

Stock Price Fair Value vs Fair Value
Industria de Diseño Textil, S.A ITX 240.90 PLN 189.78 PLN −21%
The TJX Companies, Inc TJX $135.12 $84.95 −37%
Ross Stores, Inc ROST $228.55 $118.41 −48%
Burlington Stores, Inc BURL $258.56 $143.65 −44%
Trent Limited TRENT ₹2,990 ₹709.49 −76%
lululemon athletica inc., LULU $120.81 $299.63 +148%
Aritzia Inc ATZ C$140.07 C$70.30 −50%
The Gap, Inc GAP $20.60 $36.44 +77%
Urban Outfitters, Inc URBN $82.95 $92.88 +12%
Boot Barn Holdings BOOT $160.74 $128.55 −20%

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Frequently asked questions

Is Fast Retailing Co DRC (6288) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of HK$15.24 versus a price of HK$35.30, about −57% upside (overvalued).
What is the fair value of 6288?
Our model-based fair value for Fast Retailing Co DRC is HK$15.24 (as of Aug 22, 2026), built from audited fundamentals. The current price: HK$35.30.
What is the quality score of 6288?
Fast Retailing Co DRC 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 revenue of Fast Retailing Co DRC (6288)?
Fast Retailing Co DRC reported trailing-twelve-month revenue of about HK$3.7T (latest available figure, as of Aug 22, 2026).
What is the net profit margin of 6288?
The net profit margin of Fast Retailing Co DRC is about 13.1%, meaning it keeps roughly 13.1% of revenue as net income. Based on the latest reported figures.
Does Fast Retailing Co DRC pay a dividend?
Fast Retailing Co DRC currently shows a dividend yield of about 0.79% relative to its recent price (as of Aug 22, 2026).
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