Dexerials makes anisotropic conductive films and adhesives used to connect display driver chips and sensors inside smartphones and vehicles, along with optical films and thermal-management materials. Its edge is niche qualification: once a film is designed into a panel or module, switching suppliers is costly, which helps explain a 56.7% gross margin and a 31.6% operating margin. Revenue growth is modest at 4.0%, so the case rests more on margin durability than on top-line acceleration. The stock trades at 20.0x trailing and forward earnings, a multiple that prices in a steady franchise rather than a growth story. Worth a deeper look to test how much of the margin is tied to a few handset and automotive display programs, and whether the optical and thermal lines can add volume beyond that base.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
Trades are only made public after a delay. We show the delay so you know how old the news is.
Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | ¥3350 | first publication | ¥3058 |
Answered from Dexerials Corporation fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| 4980.T Dexerials Corporation | ¥3005.00 | - | - | 19.1x | - | 95 | 71 |
| 6787.T Meiko Electronics Co., Ltd. | ¥18900.00 | - | - | 29.2x | 15.3% | 55 | 56 |
| 5344.T Maruwa Co.,Ltd. | ¥47700.00 | - | - | 30.6x | - | 93 | 60 |
| 6965.T Hamamatsu Photonics K.K. | ¥2086.50 | - | - | 36.2x | 5.5% | 67 | 64 |
| 6770.T Alps Alpine Co., Ltd. | ¥2093.00 | - | - | 16.1x | 6.2% | 47 | 44 |
| 1989.HK Delton Technology (Guangzhou) Inc. | HK$74.80 | HK$45 | 65% above | 20.1x | 26.1% | 85 | 63 |
| 5214.T Nippon Electric Glass Co., Ltd. | ¥4993.00 | - | - | 15.2x | 5.5% | 55 | 41 |
Where 4980.T ranks against its sector peers on each metric.