<h3>关键洞察</h3>
<ul>
<li>Signpost 的估计公允价值为 371 日元，基于两阶段自由现金流折现模型</li>
<li>当前股价为 300 日元，表明 Signpost 可能接近其公允价值交易</li>
<li>Signpost 的同行目前平均以 47% 的溢价交易</li>
</ul>
<p>Signpost Corporation（TSE:3996）十月份的股价是否反映了它的真实价值？今天，我们将通过预期未来现金流并将其折现到今天的价值来估算该股票的内在价值。我们将利用折现现金流（DCF）模型来实现这一目的。不要被术语吓到，背后的数学其实相当简单。</p>
<p>我们要提醒的是，评估公司的方法有很多种，像 DCF 一样，每种技术在某些情况下都有其优缺点。如果你想了解更多关于折现现金流的信息，可以在 Simply Wall St 的分析模型中详细阅读这一计算的原理。</p>
<p>特朗普承诺要 &#34;释放&#34; 美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
<h2>估计估值是多少？</h2>
<p>我们使用的是一种称为两阶段模型的方法，这意味着我们有两个不同的公司现金流增长率阶段。通常，第一个阶段是较高的增长，第二个阶段是较低的增长。在第一阶段，我们需要估算未来十年内公司的现金流。由于没有可用的分析师自由现金流（FCF）估算，我们从公司最后报告的值中推断出之前的自由现金流。我们假设自由现金流减少的公司会减缓其减少的速度，而自由现金流增长的公司在此期间会看到其增长速度放缓。我们这样做是为了反映出增长在早期阶段往往比后期阶段放缓得更快。</p>
<p>通常我们假设今天的一美元比未来的一美元更有价值，因此我们需要将这些未来现金流的总和折现，以得出现值估算：</p>
<h4>10 年自由现金流（FCF）预测</h4>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>杠杆自由现金流（¥，百万）</strong></td>
<td>309.2 百万日元</td>
<td>318.4 百万日元</td>
<td>325.5 百万日元</td>
<td>331.0 百万日元</td>
<td>335.5 百万日元</td>
<td>339.2 百万日元</td>
<td>342.4 百万日元</td>
<td>345.1 百万日元</td>
<td>347.6 百万日元</td>
<td>349.9 百万日元</td>
</tr>
<tr>
<td><strong>增长率估算来源</strong></td>
<td>估算 @ 3.99%</td>
<td>估算 @ 2.95%</td>
<td>估算 @ 2.22%</td>
<td>估算 @ 1.71%</td>
<td>估算 @ 1.35%</td>
<td>估算 @ 1.10%</td>
<td>估算 @ 0.93%</td>
<td>估算 @ 0.81%</td>
<td>估算 @ 0.72%</td>
<td>估算 @ 0.66%</td>
</tr>
<tr>
<td><strong>现值（¥，百万）折现 @ 7.5%</strong></td>
<td>288 百万日元</td>
<td>276 百万日元</td>
<td>262 百万日元</td>
<td>248 百万日元</td>
<td>234 百万日元</td>
<td>220 百万日元</td>
<td>207 百万日元</td>
<td>194 百万日元</td>
<td>182 百万日元</td>
<td>170 百万日元</td>
</tr>
</tbody>
</table>
<p><em>(&#34;Est&#34; = FCF 增长率由 Simply Wall St 估算)</em></p>
<p><strong>10 年现金流现值（PVCF）</strong> = 23 亿日元</p>
<p>第二阶段也称为终值，这是业务在第一阶段后的现金流。使用戈登增长公式计算终值，未来年增长率等于 10 年期国债收益率的 5 年平均值 0.5%。我们以 7.5% 的股本成本将终端现金流折现到今天的价值。</p>
<p><strong>终值（TV）</strong> = FCF2035 × (1 + g) ÷ (r – g) = 3.5 亿日元 × (1 + 0.5%) ÷ (7.5%– 0.5%) = 51 亿日元</p>
<p><strong>终值现值（PVTV）</strong> = TV / (1 + r) 10= 51 亿日元 ÷ (1 + 7.5%) 10= 25 亿日元</p>
<p>总价值或股权价值是未来现金流现值的总和，在这种情况下为 47 亿日元。最后一步是将股权价值除以流通在外的股份数量。相对于当前股价 300 日元，该公司在当前股价交易的基础上约有 19% 的折扣，似乎接近公允价值。然而，估值是一个不精确的工具，就像望远镜一样 - 移动几个度就会进入不同的星系。请记住这一点。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/543612559-dcf-1-dark-2/1760572208777?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/543612559-dcf-1-dark-2/1760572208777"/></p>
<p>TSE:3996 折现现金流 2025 年 10 月 15 日</p>
<h2>重要假设</h2>
<p>上述计算非常依赖于两个假设。第一个是折现率，另一个是现金流。如果你不同意这些结果，可以自己尝试计算并调整假设。DCF 也没有考虑行业的周期性或公司的未来资本需求，因此并不能全面反映公司的潜在表现。鉴于我们将 Signpost 视为潜在股东，使用股本成本作为折现率，而不是考虑债务的资本成本（或加权平均资本成本，WACC）。在此计算中，我们使用了 7.5%，这是基于 1.323 的杠杆贝塔。贝塔是衡量股票相对于整体市场波动性的指标。我们从全球可比公司的行业平均贝塔中获得我们的贝塔，并施加了 0.8 到 2.0 之间的限制，这是一个稳定业务的合理范围。</p>
<p>查看我们对 Signpost 的最新分析</p>
<h3>Signpost 的 SWOT 分析</h3>
<p><strong>优势</strong></p>
<ul>
<li>债务不被视为风险。</li>
</ul>
<p>3996 的资产负债表摘要。</p>
<p><strong>劣势</strong></p>
<ul>
<li>过去一年收益下降。</li>
</ul>
<p>投资 3996 的主要风险。</p>
<p><strong>机会</strong></p>
<ul>
<li>当前股价低于我们估计的公允价值。</li>
</ul>
<ul>
<li>缺乏分析师覆盖使得确定 3996 的收益前景变得困难。</li>
</ul>
<p><strong>威胁</strong></p>
<ul>
<li>3996 没有明显的威胁。</li>
</ul>
<h2>继续前进：</h2>
<p>估值只是构建投资论点的一个方面，它只是评估公司时需要考虑的众多因素之一。现金流折现模型并不是投资估值的唯一标准。相反，现金流折现模型的最佳用途是测试某些假设和理论，以查看它们是否会导致公司被低估或高估。如果一家公司以不同的速度增长，或者其股本成本或无风险利率发生剧烈变化，输出结果可能会大相径庭。对于 Signpost，我们整理了您应该探索的三个额外项目：</p>
<ol>
<li><strong>风险</strong>：我们认为您在投资该公司之前应该评估我们之前标记的 <strong>Signpost 的三个警告信号</strong>。</li>
<li><strong>其他稳健企业</strong>：低负债、高股本回报和良好的过往表现是强大企业的基础。为什么不探索我们互动式的稳健企业股票列表，看看是否还有其他您未考虑的公司呢！</li>
<li><strong>其他顶级分析师推荐</strong>：想知道分析师们的看法吗？查看我们互动式的分析师顶级股票推荐列表，了解他们认为哪些股票可能具有吸引人的未来前景！</li>
</ol>
<p>附注：Simply Wall St 每天都会更新每只日本股票的现金流折现计算，因此如果您想找到其他股票的内在价值，只需在这里搜索。</p>

3996

<p>Signpost Corporation (TSE:3996) 的估计公允价值为 371 日元，而其当前股价为 300 日元，表明其交易价格接近公允价值。使用两阶段折现现金流（DCF）模型，总股权价值计算为 47 亿日元，较当前股价显示出 19% 的折扣。分析强调了假设在估值中的重要性，特别是在折现率和现金流估计方面</p>

<h3>Key Insights</h3>
<div class="lb-trans"><h3>关键洞察</h3>
</div><ul>
<li>Signpost's estimated fair value is JP¥371 based on 2 Stage Free Cash Flow to Equity</li>
<li>Current share price of JP¥300 suggests Signpost is potentially trading close to its fair value</li>
<li>Peers of Signpost are currently trading on average at a 47% premium</li>
</ul>
<div class="lb-trans"><ul>
<li>Signpost 的估计公允价值为 371 日元，基于两阶段自由现金流折现模型</li>
<li>当前股价为 300 日元，表明 Signpost 可能接近其公允价值交易</li>
<li>Signpost 的同行目前平均以 47% 的溢价交易</li>
</ul>
</div><p>Does the October share price for Signpost Corporation (TSE:3996) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Don't get put off by the jargon, the math behind it is actually quite straightforward.</p>
<div class="lb-trans"><p>Signpost Corporation（TSE:3996）十月份的股价是否反映了它的真实价值？今天，我们将通过预期未来现金流并将其折现到今天的价值来估算该股票的内在价值。我们将利用折现现金流（DCF）模型来实现这一目的。不要被术语吓到，背后的数学其实相当简单。</p>
</div><p>We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.</p>
<div class="lb-trans"><p>我们要提醒的是，评估公司的方法有很多种，像 DCF 一样，每种技术在某些情况下都有其优缺点。如果你想了解更多关于折现现金流的信息，可以在 Simply Wall St 的分析模型中详细阅读这一计算的原理。</p>
</div><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p>
<div class="lb-trans"><p>特朗普承诺要 &#34;释放&#34; 美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
</div><h2>What's The Estimated Valuation?</h2>
<div class="lb-trans"><h2>估计估值是多少？</h2>
</div><p>We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. In the first stage we need to estimate the cash flows to the business over the next ten years. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free cash flow (FCF) from the company's last reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.</p>
<div class="lb-trans"><p>我们使用的是一种称为两阶段模型的方法，这意味着我们有两个不同的公司现金流增长率阶段。通常，第一个阶段是较高的增长，第二个阶段是较低的增长。在第一阶段，我们需要估算未来十年内公司的现金流。由于没有可用的分析师自由现金流（FCF）估算，我们从公司最后报告的值中推断出之前的自由现金流。我们假设自由现金流减少的公司会减缓其减少的速度，而自由现金流增长的公司在此期间会看到其增长速度放缓。我们这样做是为了反映出增长在早期阶段往往比后期阶段放缓得更快。</p>
</div><p>Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate:</p>
<div class="lb-trans"><p>通常我们假设今天的一美元比未来的一美元更有价值，因此我们需要将这些未来现金流的总和折现，以得出现值估算：</p>
</div><h4>10-year free cash flow (FCF) forecast</h4>
<div class="lb-trans"><h4>10 年自由现金流（FCF）预测</h4>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>Levered FCF (¥, Millions)</strong></td>
<td>JP¥309.2m</td>
<td>JP¥318.4m</td>
<td>JP¥325.5m</td>
<td>JP¥331.0m</td>
<td>JP¥335.5m</td>
<td>JP¥339.2m</td>
<td>JP¥342.4m</td>
<td>JP¥345.1m</td>
<td>JP¥347.6m</td>
<td>JP¥349.9m</td>
</tr>
<tr>
<td><strong>Growth Rate Estimate Source</strong></td>
<td>Est @ 3.99%</td>
<td>Est @ 2.95%</td>
<td>Est @ 2.22%</td>
<td>Est @ 1.71%</td>
<td>Est @ 1.35%</td>
<td>Est @ 1.10%</td>
<td>Est @ 0.93%</td>
<td>Est @ 0.81%</td>
<td>Est @ 0.72%</td>
<td>Est @ 0.66%</td>
</tr>
<tr>
<td><strong>Present Value (¥, Millions) Discounted @ 7.5%</strong></td>
<td>JP¥288</td>
<td>JP¥276</td>
<td>JP¥262</td>
<td>JP¥248</td>
<td>JP¥234</td>
<td>JP¥220</td>
<td>JP¥207</td>
<td>JP¥194</td>
<td>JP¥182</td>
<td>JP¥170</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>杠杆自由现金流（¥，百万）</strong></td>
<td>309.2 百万日元</td>
<td>318.4 百万日元</td>
<td>325.5 百万日元</td>
<td>331.0 百万日元</td>
<td>335.5 百万日元</td>
<td>339.2 百万日元</td>
<td>342.4 百万日元</td>
<td>345.1 百万日元</td>
<td>347.6 百万日元</td>
<td>349.9 百万日元</td>
</tr>
<tr>
<td><strong>增长率估算来源</strong></td>
<td>估算 @ 3.99%</td>
<td>估算 @ 2.95%</td>
<td>估算 @ 2.22%</td>
<td>估算 @ 1.71%</td>
<td>估算 @ 1.35%</td>
<td>估算 @ 1.10%</td>
<td>估算 @ 0.93%</td>
<td>估算 @ 0.81%</td>
<td>估算 @ 0.72%</td>
<td>估算 @ 0.66%</td>
</tr>
<tr>
<td><strong>现值（¥，百万）折现 @ 7.5%</strong></td>
<td>288 百万日元</td>
<td>276 百万日元</td>
<td>262 百万日元</td>
<td>248 百万日元</td>
<td>234 百万日元</td>
<td>220 百万日元</td>
<td>207 百万日元</td>
<td>194 百万日元</td>
<td>182 百万日元</td>
<td>170 百万日元</td>
</tr>
</tbody>
</table>
</div><p><em>(&#34;Est&#34; = FCF growth rate estimated by Simply Wall St)</em></p>
<div class="lb-trans"><p><em>(&#34;Est&#34; = FCF 增长率由 Simply Wall St 估算)</em></p>
</div><p><strong>Present Value of 10-year Cash Flow (PVCF)</strong> = JP¥2.3b</p>
<div class="lb-trans"><p><strong>10 年现金流现值（PVCF）</strong> = 23 亿日元</p>
</div><p>The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 0.5%. We discount the terminal cash flows to today's value at a cost of equity of 7.5%.</p>
<div class="lb-trans"><p>第二阶段也称为终值，这是业务在第一阶段后的现金流。使用戈登增长公式计算终值，未来年增长率等于 10 年期国债收益率的 5 年平均值 0.5%。我们以 7.5% 的股本成本将终端现金流折现到今天的价值。</p>
</div><p><strong>Terminal Value (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = JP¥350m× (1 + 0.5%) ÷ (7.5%– 0.5%) = JP¥5.1b</p>
<div class="lb-trans"><p><strong>终值（TV）</strong> = FCF2035 × (1 + g) ÷ (r – g) = 3.5 亿日元 × (1 + 0.5%) ÷ (7.5%– 0.5%) = 51 亿日元</p>
</div><p><strong>Present Value of Terminal Value (PVTV)</strong> = TV / (1 + r) 10= JP¥5.1b÷ ( 1 + 7.5%) 10= JP¥2.5b</p>
<div class="lb-trans"><p><strong>终值现值（PVTV）</strong> = TV / (1 + r) 10= 51 亿日元 ÷ (1 + 7.5%) 10= 25 亿日元</p>
</div><p>The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is JP¥4.7b. The last step is to then divide the equity value by the number of shares outstanding. Relative to the current share price of JP¥300, the company appears about fair value at a 19% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind.</p>
<div class="lb-trans"><p>总价值或股权价值是未来现金流现值的总和，在这种情况下为 47 亿日元。最后一步是将股权价值除以流通在外的股份数量。相对于当前股价 300 日元，该公司在当前股价交易的基础上约有 19% 的折扣，似乎接近公允价值。然而，估值是一个不精确的工具，就像望远镜一样 - 移动几个度就会进入不同的星系。请记住这一点。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/543612559-dcf-1-dark-2/1760572208777" alt="" original-src="https://images.simplywall.st/asset/chart/543612559-dcf-1-dark-2/1760572208777"/></p>
<p>TSE:3996 Discounted Cash Flow October 15th 2025</p>
<div class="lb-trans"><p>TSE:3996 折现现金流 2025 年 10 月 15 日</p>
</div><h2>Important Assumptions</h2>
<div class="lb-trans"><h2>重要假设</h2>
</div><p>The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Signpost as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.5%, which is based on a levered beta of 1.323. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.</p>
<div class="lb-trans"><p>上述计算非常依赖于两个假设。第一个是折现率，另一个是现金流。如果你不同意这些结果，可以自己尝试计算并调整假设。DCF 也没有考虑行业的周期性或公司的未来资本需求，因此并不能全面反映公司的潜在表现。鉴于我们将 Signpost 视为潜在股东，使用股本成本作为折现率，而不是考虑债务的资本成本（或加权平均资本成本，WACC）。在此计算中，我们使用了 7.5%，这是基于 1.323 的杠杆贝塔。贝塔是衡量股票相对于整体市场波动性的指标。我们从全球可比公司的行业平均贝塔中获得我们的贝塔，并施加了 0.8 到 2.0 之间的限制，这是一个稳定业务的合理范围。</p>
</div><p>View our latest analysis for Signpost</p>
<div class="lb-trans"><p>查看我们对 Signpost 的最新分析</p>
</div><h3>SWOT Analysis for Signpost</h3>
<div class="lb-trans"><h3>Signpost 的 SWOT 分析</h3>
</div><p><strong>Strength</strong></p>
<div class="lb-trans"><p><strong>优势</strong></p>
</div><ul>
<li>Debt is not viewed as a risk.</li>
</ul>
<div class="lb-trans"><ul>
<li>债务不被视为风险。</li>
</ul>
</div><p>Balance sheet summary for 3996.</p>
<div class="lb-trans"><p>3996 的资产负债表摘要。</p>
</div><p><strong>Weakness</strong></p>
<div class="lb-trans"><p><strong>劣势</strong></p>
</div><ul>
<li>Earnings declined over the past year.</li>
</ul>
<div class="lb-trans"><ul>
<li>过去一年收益下降。</li>
</ul>
</div><p>Key risks with investing in 3996.</p>
<div class="lb-trans"><p>投资 3996 的主要风险。</p>
</div><p><strong>Opportunity</strong></p>
<div class="lb-trans"><p><strong>机会</strong></p>
</div><ul>
<li>Current share price is below our estimate of fair value.</li>
</ul>
<div class="lb-trans"><ul>
<li>当前股价低于我们估计的公允价值。</li>
</ul>
</div><ul>
<li>Lack of analyst coverage makes it difficult to determine 3996's earnings prospects.</li>
</ul>
<div class="lb-trans"><ul>
<li>缺乏分析师覆盖使得确定 3996 的收益前景变得困难。</li>
</ul>
</div><p><strong>Threat</strong></p>
<div class="lb-trans"><p><strong>威胁</strong></p>
</div><ul>
<li>No apparent threats visible for 3996.</li>
</ul>
<div class="lb-trans"><ul>
<li>3996 没有明显的威胁。</li>
</ul>
</div><h2>Moving On:</h2>
<div class="lb-trans"><h2>继续前进：</h2>
</div><p>Valuation is only one side of the coin in terms of building your investment thesis, and it is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For Signpost, we've compiled three additional items you should explore:</p>
<div class="lb-trans"><p>估值只是构建投资论点的一个方面，它只是评估公司时需要考虑的众多因素之一。现金流折现模型并不是投资估值的唯一标准。相反，现金流折现模型的最佳用途是测试某些假设和理论，以查看它们是否会导致公司被低估或高估。如果一家公司以不同的速度增长，或者其股本成本或无风险利率发生剧烈变化，输出结果可能会大相径庭。对于 Signpost，我们整理了您应该探索的三个额外项目：</p>
</div><ol>
<li><strong>Risks</strong>: We feel that you should assess the <strong>3 warning signs for Signpost</strong> we've flagged before making an investment in the company.</li>
<li><strong>Other Solid Businesses</strong>: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!</li>
<li><strong>Other Top Analyst Picks</strong>: Interested to see what the analysts are thinking? Take a look at our interactive list of analysts' top stock picks to find out what they feel might have an attractive future outlook!</li>
</ol>
<div class="lb-trans"><ol>
<li><strong>风险</strong>：我们认为您在投资该公司之前应该评估我们之前标记的 <strong>Signpost 的三个警告信号</strong>。</li>
<li><strong>其他稳健企业</strong>：低负债、高股本回报和良好的过往表现是强大企业的基础。为什么不探索我们互动式的稳健企业股票列表，看看是否还有其他您未考虑的公司呢！</li>
<li><strong>其他顶级分析师推荐</strong>：想知道分析师们的看法吗？查看我们互动式的分析师顶级股票推荐列表，了解他们认为哪些股票可能具有吸引人的未来前景！</li>
</ol>
</div><p>PS. Simply Wall St updates its DCF calculation for every Japanese stock every day, so if you want to find the intrinsic value of any other stock just search here.</p>
<div class="lb-trans"><p>附注：Simply Wall St 每天都会更新每只日本股票的现金流折现计算，因此如果您想找到其他股票的内在价值，只需在这里搜索。</p>
</div>

探讨 Signpost Corporation (TSE:3996) 的内在价值