Iwatani Corporation (IWTNF) fair value: what the stock is really worth
We calculate from audited financials what Iwatani Corporation is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.
Compare price with fair valuebelow fair value = cheap, above = expensive
Check the quality50 and up solid, 75 and up strong
Watch it or check another stockalert when fair value or trend changes
Industrials · US · Market cap $2.9B
At a glance
ICIwatani CorporationIWTNF · US
Price$12.45
Fair Value$18.97
Upside+52.4%
Quality42/100
Below-average quality, trading 34% below our fair value of $18.97.
As of Sep 8, 2026, the fair value of Iwatani Corporation is $18.97 per share against a price of $12.45, so the fair value sits 52% above the price. A model estimate from reported figures, not an analyst target.
!Mixed Growth (revenue 5y +7.5 %/yr)
!Thin margins · 5.3% net margin
✓Low debt · generates free cash flow
·2.48% dividend yield
✓Ranks above peers (10/14)
!Narrow moat 42/100
!Evidence only medium, so the estimate is less certain
!Weak on future: 17 out of 100
Evidence: MediumRange $11.36 to $28.08
Fair value as of: Sep 8, 2026
From 10 valuation models · updated 3 days ago
Fair value updated Sep 8, 2026, revised from $18.68 to $18.97 (+1.6%) since Sep 7, 2026.
This is the short version. In the app for Iwatani Corporation:
Watch Iwatani Corporation 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 free
69 individual criteria per stock, every one traceable See the method →
What matters now
The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain.
A fairly wide model range ($11.36 to $28.08) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year. As of Sep 8, 2026.
How to read this chart
60‑month range $7.75 – $13.80 · fair‑value band $11.36 – $28.08 · the $12.45 price screens below the $18.97 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 8, 2026.
Iwatani Corporation (IWTNF) currently trades at $12.45, while our model-based Fair Value estimate is $18.97, implying the stock looks roughly 34.4% undervalued today. The Quality Score stands at 42/100 (below-average quality), in the Industrials sector. How firm this estimate is: it rests on 25 models at a data quality of 94/100, which puts the evidence level at medium.
Over the trailing twelve months, Iwatani Corporation generated revenue of ¥909B at a net margin of 5.3%. Revenue grew 3.4% year over year. It earns a return on equity of 11.6%. Net debt stands at ¥221B. Fundamentals as of Sep 8, 2026
Scenario range: $11.36 (bear) to $28.08 (bull), the price of $12.45 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The share trades about 8% below its 52-week high and 22% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 35% fair-value upside, at 52%, IWTNF screens cheaper than that median.
Fair Value models
Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →
ModelBear ⓘ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
Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
P/E ratio9.7
P/S ratio0.51P/E × margin
EPS (TTM)$1.29price ÷ EPS = P/E 9.7
Dividend yield2.5%payout 23.9%
Net margin5.2%FY2026
Return on equity11.6%TTM
More key figures
Profitability
Return on assets (EBIT)5.8%avg 5y
Operating margin6.7%TTM
Growth
Revenue (TTM)¥909BTTM
Revenue growth (YoY)+3.4%3y avg +0.3%
EPS growth (YoY)+73.1%
Balance sheet & cash flow
Free cash flow¥20.9BFY2026
Net debt¥221BFY2026 · ≈ 10.6 yrs of FCF
Figures from reported company fundamentals · as of Sep 8, 2026. TTM = trailing twelve months.
Quality Score breakdown
Overall quality42/100
Of which business quality 43
· Market factors (momentum, volatility) 55
Profitability47
Margins and returns on capital today
Quality Growth34
Are margins and returns improving?
Cashflow27
Earnings quality: real cash, not paper profit
Fin. Strength56
Balance sheet, leverage, solvency risk
Investment55
Disciplined investing over empire-building
Low Volatility50
Calm price path (market factor)
Momentum44
Price trend over the last 3–12 months (market factor)
52W Momentum79
Distance to the 52-week high (market factor)
Net Issuance40
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
Iwatani Corporation engages in supplying gases and energy in Japan, China, Taiwan, South Korea, Singapore, Thailand, Malaysia, Indonesia, Vietnam, the United States, and Australia. It operates through four segments: Integrated Energy, Industrial Gases & Machinery, and Materials.
Full company description
Iwatani Corporation engages in supplying gases and energy in Japan, China, Taiwan, South Korea, Singapore, Thailand, Malaysia, Indonesia, Vietnam, the United States, and Australia. It operates through four segments: Integrated Energy, Industrial Gases & Machinery, and Materials. The Integrated Energy segment offers LPG for household, commercial, and industrial use; LPG-supply equipment and facilities; LNG; petroleum products; household kitchen appliances; and home energy components, Ene farm, GHP, daily necessities, portable gas cooking stoves, cassette gas canisters, mineral water, health foods, and electricity. The Industrial Gases & Machinery segment provides air separation gases, hydrogen, helium, other specialty gases, gas supply facilities, welding materials, welding and cutting equipment, industrial robots, pumps and compressors, disaster prevention equipment, and high-pressure gas containers; and semiconductor manufacturing equipment, electronic component manufacturing equipment, factory automation systems, machine tools and sheet metal machinery, and environmental equipment, as well as operates facilities for hydrogen stations. The Materials segment provides PET resins, biomass fuels, battery-related and semiconductor materials, electronic display films, mineral sand, rare earth, ceramics materials, stainless steels, and non-ferrous metals. Iwatani Corporation was founded in 1930 and is headquartered in Osaka, Japan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Iwatani Corporation reported revenue of ¥914B in FY2026 versus ¥690B in FY2022, a compound +7.3%/yr. Reported net income was ¥48.0B in FY2026, compounding +12.5%/yr from FY2022.
Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
¥914B
Latest YoY
+3.5%
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.
+0.3%
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.
+7.5%
Avg. revenue 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.
+2.2%
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.
−10.9%
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−13.4%
Dividend yield2.5%
Trend ⓘ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.5Y −13.4% vs 10Y −1.1%, flattening
Operating margin (EBIT) ⓘ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.4.7% (2021) → 4.2% (2026) · steady
Worst earnings drop79% (2025) · in JPY
⚠ Revenue per share shrinking 11.9%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Revenue+7.3%/yr
FY22¥690B
FY23¥906B
FY24¥848B
FY25¥883B
FY26¥914B
Net income+12.5%/yr
FY22¥30.0B
FY23¥32.0B
FY24¥47.4B
FY25¥40.4B
FY26¥48.0B
Character of growth · EPS growth decomposed (2015-2026)+2.0 % p.a.
Revenue per share−9.0 %
of which total revenue +3.8 % · buybacks/dilution −12.3 %
EBIT margin+6.2 %
Tax rate+1.3 %
Residual (interest, one-offs)+4.2 %
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).
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.
Cite: Fair Value Calculator (2026). "Iwatani Corporation Fair Value". https://www.fairvalue-calculator.com/stock/IWTNF
Peer Group
Conglomerates · 378 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.
Valuation
Quality Score42 · Below median
Fair Value upside+48% · Above median
Profitability
Return on equity (TTM)12% · Top 25%
Return on assets3% · Above median
Net margin (TTM)5% · Above median
Operating margin (TTM)7% · Above median
Growth and dividend
Revenue growth3% · Above median
Dividend yield (TTM)2.5% · Above median
Balance sheet
Debt / equity0.43× · Above median
Valuation Multiples vs Conglomerates median · lower = cheaper
P/E (TTM)9.7× · Cheaper than median
P/FCF0.1× · Cheapest 25%
What the price implies (reverse DCF)
The inverse question: what free-cash-flow growth must Iwatani Corporation deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.
Implied FCF growth, 10 years+11.2 % per year
Achieved revenue growth, 5 years+7.5 % p.a.
Sector median revenue growth+4.6 %
FCF yield on price4.73 %
Discount rate (WACC) in the models8.5 %
The price demands an acceleration versus past growth: a high bar the company still has to clear. Ranking of the largest stocks →
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.
This stockSector peers
VALUE100· sector 29
FUTURE17· sector 16
PAST46· sector 17
HEALTH78· sector 89
DIVIDEND50· sector 41
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 Conglomerates stocks, each showing price versus our Fair Value estimate (as of Sep 8, 2026).
Is Iwatani Corporation (IWTNF) overvalued or undervalued?
As of Sep 8, 2026, our model estimates a fair value of $18.97 versus a price of $12.45, about +52% upside (undervalued).
What is the fair value of IWTNF?
Our model-based fair value for Iwatani Corporation is $18.97 (as of Sep 8, 2026), built from audited fundamentals. The current price: $12.45.
What is the quality score of IWTNF?
Iwatani Corporation has a Quality Score of 42/100. 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 Iwatani Corporation (IWTNF)?
Our model-based price target is the fair value of $18.97 (as of Sep 8, 2026) from 10 valuation models. Cautious scenario $11.36, optimistic scenario $28.08. It is a calculation from audited fundamentals, not an analyst target.
What is the Iwatani Corporation stock forecast for 2026?
Our models put fair value at $18.97, about +52% upside versus a price of $12.45 (undervalued). Cautious scenario $11.36, optimistic scenario $28.08. The calculation is refreshed regularly with new filings.
What is the revenue of Iwatani Corporation (IWTNF)?
Iwatani Corporation reported trailing-twelve-month revenue of about ¥909B (latest available figure, as of Sep 8, 2026).
What is the net profit margin of IWTNF?
The net profit margin of Iwatani Corporation is about 5.3%, meaning it keeps roughly 5.3% of revenue as net income. Based on the latest reported figures.
Does Iwatani Corporation pay a dividend?
Iwatani Corporation currently shows a dividend yield of about 2.48% relative to its recent price (as of Sep 8, 2026).
What growth is priced into Iwatani Corporation (IWTNF)?
For today's price to be fair in a discounted-cash-flow model, Iwatani Corporation would have to grow free cash flow by +11.2 % per year for ten years (discount rate 8.5 %, then 2 % perpetual growth). Over the last 5 years revenue grew +7.5 % per year. As of Sep 8, 2026.
What discount rate (WACC) does the fair value of IWTNF use?
Our models discount Iwatani Corporation at 8.5 %: a base by market capitalisation (mid), damped by beta 0.30, country premium for USA. The same rate applies in all 26 models.
What is the intrinsic value of Iwatani Corporation (IWTNF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Iwatani Corporation it is $18.97 per share (as of Sep 8, 2026), against a price of $12.45. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is Iwatani Corporation stock overvalued or undervalued in 2026?
As of Sep 8, 2026, IWTNF trades below its calculated fair value: price $12.45, fair value $18.97, a gap of about +52% (undervalued). 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 IWTNF?
No. The price is what the market pays today ($12.45); the fair value is what the company's own numbers justify ($18.97). For Iwatani Corporation the two are $6.52 per share apart. That gap is exactly why we show both numbers side by side.
How much is Iwatani Corporation worth?
The market values Iwatani Corporation at about $2.9B (market capitalisation, as of Sep 8, 2026). Per share that is $12.45; our models calculate a fair value of $18.97 per share.
What do the bullish and bearish scenarios say about IWTNF?
Our models span a range for Iwatani Corporation: cautious scenario $11.36, base $18.97, optimistic $28.08 per share (as of Sep 8, 2026, price $12.45). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of IWTNF?
Iwatani Corporation trades at a price-to-earnings ratio of 9.7 (as of Sep 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $18.97 is built from several models across several years.
How solid is the balance sheet of Iwatani Corporation (IWTNF)?
Balance-sheet figures for Iwatani Corporation (as of Sep 8, 2026): return on equity 11.6%, debt of 0.43 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is IWTNF from its 52-week high?
Iwatani Corporation trades at $12.45, about 8% below its 52-week high of $13.56 and 22% above the low of $10.23 (as of Sep 8, 2026). Distance from the high says nothing about value: that is what the fair value of $18.97 is for.
Which stocks are comparable to Iwatani Corporation?
From the same area (Industrials) we also value ITOCHU Corporation, 3M Company, Honeywell International Inc, CITIC Limited, 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 Iwatani Corporation stock attractive at the current price?
The data as of Sep 8, 2026: price $12.45, calculated fair value $18.97 (+52%), Quality Score 42/100, from 10 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 IWTNF calculated?
We run Iwatani Corporation through 10 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 $18.97, 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 32.6 % above its aggregate fair value. Iwatani Corporation currently trades 52 % below its own fair value, and the market average says nothing about that. 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 <a href="/is-it-worth-investing-now/">is it worth investing now</a>.
Free · no account needed
Watch Iwatani Corporation in the live analysis
One click puts Iwatani Corporation 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.
Iwatani Corporation
IWTNF · US