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Daicel Corporation (DACHF) Fair Value & Analysis

Basic Materials · US · Market cap $2.7B

DC Daicel Corporation logo Daicel Corporation DACHF · US
Price$8.00
Fair Value$11.47
Upside+43.4%
Quality49/100
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Expensive Growth
Thin margins · 1.8% net margin
Moderate debt · generates free cash flow
5.56% dividend yield
Trails peers (4/11)
Narrow moat 32/100
Evidence: High Range $6.98 – $21.70 Share as image

Fair value as of: Aug 13, 2026

From 18 valuation models · updated today

Fair value updated Aug 13, 2026, revised from $4.23 to $11.47 (+171.2%) since Jul 15, 2026.

Below-average quality, screening 43% undervalued on our models.

What matters now

  • The model range is unusually wide ($6.98 to $21.70). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

$9.97 $4.91 Fair Value $11.47 Jul 2015 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.

How to read this chart

60‑month range $4.91 – $9.97 · fair‑value band $6.98 – $21.70 · the $8.00 price screens below the $11.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Aug 13, 2026.

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Analysis

Daicel Corporation (DACHF) currently trades at $8.00, while our model-based Fair Value estimate is $11.47, implying the stock looks roughly 43.4% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Daicel Corporation generated revenue of $580B at a net margin of 1.8%. Revenue grew 0.5% year over year. It earns a return on equity of 3.1%. Net debt stands at $237B. Fundamentals as of Aug 13, 2026

Our scenario range runs from $6.98 (bear case) to $21.70 (bull case); at $8.00, the current price sits within 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 6% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -68% fair-value upside, at 43%, DACHF screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
ROIC Compounder $2.82 $4.22 $5.43 72
Growth-Adj P/E $3.50 $5.00 $6.51 68
P/E Multiple $4.64 $6.18 $7.73 63
All 18 models by family
DCF Models
5Y Revenue Exit $2.22 $8.30 $15.89 39
5Y EBITDA Exit $6.67 $16.15 $26.81 41
5Y P/E Exit $0.6679 38
10Y Revenue Exit $3.76 $9.85 36
10Y EBITDA Exit $2.04 $8.92 $17.56 37
Earnings-Based
Graham-Dodd $2.47 $5.49 $7.01 54
PEG = 1.0 $0.8830 $1.26 $1.64 46
EPV $2.82 $4.22 $5.43 59
Multiples
P/E Multiple $4.64 $6.18 $7.73 63
P/S Multiple $4.64 $6.18 $7.73 58
P/B Multiple $4.64 $6.18 $7.73 55
EV/EBIT $9.71 $14.97 $20.23 53
EV/EBITDA $16.82 $24.44 $32.06 54
EV/Revenue $7.61 $13.47 $19.33 43
Asset-Based
NCAV (Graham) $6.35 $8.51 $12.70 50
Economic Profit
Residual Income $9.01 $8.66 $7.09 61
ROIC Compounder $2.82 $4.22 $5.43 72
Growth Earnings
Growth-Adj P/E $3.50 $5.00 $6.51 68

Widest divergence: Asset-Based ($8.51) versus Earnings-Based ($4.22). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) $580B
Revenue growth (YoY) +0.5%
Net margin 1.8%
Return on equity 3.1%
Free cash flow $2.5B FY2026
P/E ratio 33.3
More key figures
Operating margin 6.2%
EPS (TTM) $0.2400
Dividend yield 5.6%
EPS growth (YoY) +46.0%
Net debt $237B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 37

Profitability 29
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 16
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.

About the company

Daicel Corporation engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally.

Full company description

Daicel Corporation engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally. The company offers medical/healthcare products, including BELLOCEA S7, a spherical cellulose acetate particle; FLAVOCELL S-Equol; Urolithin A; polyglycerols; konjac ceramide; excipients for foods; chiral columns and reagents; and Actranza lab, as well as separation and analytical services. It also provides performance films, solvents for electronic materials, cycloaliphatic epoxies, polymers for photoresists, optical lenses, and caprolactone derivatives; functional films and materials used in smartphones, PCs, TVs, and in-vehicle displays, polymers and solvents; and lenses used in VR, smartphones and various sensors. In addition, the company offers airbags inflators, pyro-fuses, and gas generators for seat belt pretensioners; acetic acid, acetic acid derivatives, acetate tow, ketene / diketene derivatives, cellulose acetate for LCD optical films, amines, and 1,3-butylene glycol; and reverse osmosis membrane and ultrafiltration membrane products, as well as water treatment systems. Further, it provides Engineering plastics comprising polyacetal, polybutylene terephthalate, polyphenylene sulfide, liquid crystal polymer, and cyclic olefin copolymer; AS resin, acetate plastics, water-soluble polymers, and barrier films for packaging; ABS resins, various polymer alloys, plastic compounds; Polyamide-12 and PEEK resin; and various molded containers. The company's products are used in transportation, electronics, medical care, personal care, everyday life, and environment and energy applications. The company was formerly known as Daicel Chemical Industries, Ltd. and changed its name to Daicel Corporation in October 2011. Daicel Corporation was incorporated in 1919 and is headquartered in Osaka, Japan.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Daicel Corporation reported revenue of $583B in FY2026 versus $468B in FY2022, a compound +5.7%/yr. Reported net income was $10.2B in FY2026, compounding −24.3%/yr from FY2022.

Growth Quality 50/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
$583B
Latest YoY
−0.6%
Avg. 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.
+2.7%
Avg. 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.
+8.2%
Avg. growth/yr (21Y) 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.
+3.1%
Revenue +5.7%/yr
FY22 $468B
FY23 $538B
FY24 $558B
FY25 $587B
FY26 $583B
Net income −24.3%/yr
FY22 $31.3B
FY23 $40.7B
FY24 $55.8B
FY25 $49.5B
FY26 $10.2B
Character of growth · EPS growth decomposed (2015-2026) +2.9 % p.a.
Revenue per share +5.8 pp

of which total revenue +2.9 pp · buybacks/dilution +2.9 pp

EBIT margin −3.7 pp
Tax rate −0.1 pp
Residual (interest, one-offs) +0.9 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Daicel Corporation Fair Value". https://www.fairvalue-calculator.com/stock/DACHF

Peer Group

Specialty Chemicals · 666 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 49 · Below median
Fair Value upside +43% · Top 25%
Return on equity (TTM) 3% · Below median
Return on assets 3% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth 1% · Below median
Dividend yield (TTM) 5.6% · Top 25%
Debt / equity 0.67× · Higher than 75% of peers

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 33.3× · Pricier than median
P/FCF 1.1× · Cheaper than median

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.

VALUE 91 · sector 0
FUTURE 3 · sector 18
PAST 12 · sector 23
HEALTH 66 · sector 95
DIVIDEND 100 · sector 25

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

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PT Chandra Asri Pacific Tbk TPIA 2,160 IDR 2,322 IDR +8%
Berger Paints India Limited BERGEPAINT ₹559.80 ₹154.46 -72%
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Frequently asked questions

Is Daicel Corporation (DACHF) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of $11.47 versus a price of $8.00, about +43% (undervalued).
What is the fair value of DACHF?
Our model-based fair value for Daicel Corporation is $11.47 (as of Aug 13, 2026), built from audited fundamentals. The current price is $8.00.
What is the quality score of DACHF?
Daicel Corporation has a Quality Score of 49/100. 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 Daicel Corporation (DACHF)?
Daicel Corporation reported trailing-twelve-month revenue of about $580B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of DACHF?
The net profit margin of Daicel Corporation is about 1.8%, meaning it keeps roughly 1.8% of revenue as net income. Based on the latest reported figures.
Does Daicel Corporation pay a dividend?
Daicel Corporation currently shows a dividend yield of about 5.56% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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