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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 6.7x - 7.5x | 7.1x |
Selected Fwd Ps Multiple | 5.0x - 5.5x | 5.3x |
Fair Value | ¥5,320 - ¥5,880 | ¥5,600 |
Upside | -13.8% - -4.7% | -9.2% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
AR advanced technology, Inc. | 557,800.0% | TSE:5578 |
SAAF Holdings Co.,Ltd. | 144,700.0% | TSE:1447 |
SystemSoft Corporation | 752,700.0% | TSE:7527 |
AsiaQuest Co., Ltd. | 426,100.0% | TSE:4261 |
Delivery Consulting Inc. | 924,000.0% | TSE:9240 |
baudroie,inc. | 441,300.0% | TSE:4413 |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
5578 | 1447 | 7527 | 4261 | 9240 | 4413 | |||
TSE:5578 | TSE:1447 | TSE:7527 | TSE:4261 | TSE:9240 | TSE:4413 | |||
Historical Sales Growth | ||||||||
5Y CAGR | NM- | 21.0% | -5.1% | 21.0% | 18.7% | NM- | ||
3Y CAGR | 13.6% | 8.9% | -22.3% | 22.0% | 14.7% | NM- | ||
Latest Twelve Months | 12.3% | -1.4% | -34.5% | 29.4% | 4.7% | 58.9% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 2.7% | -1.0% | -11.9% | 7.1% | 5.9% | 15.6% | ||
Prior Fiscal Year | 3.1% | 0.5% | 2.7% | 6.3% | 1.3% | 16.0% | ||
Latest Fiscal Year | 2.5% | 0.6% | -66.3% | 7.3% | 5.7% | 15.4% | ||
Latest Twelve Months | 1.8% | 0.1% | -64.8% | 7.3% | 0.7% | 15.4% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 8.2x | 10.3x | -8.3x | 3.8x | 13.8x | 34.6x | ||
Price / LTM Sales | 0.5x | 0.2x | 2.8x | 0.9x | 0.6x | 8.2x | ||
LTM P/E Ratio | 25.1x | 184.1x | -4.3x | 12.0x | 84.4x | 52.9x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 0.2x | 0.6x | 2.8x | |||||
Historical LTM P/S Ratio | 7.6x | 7.9x | 8.2x | |||||
Selected Price / Sales Multiple | 6.7x | 7.1x | 7.5x | |||||
(x) LTM Sales | 11,650 | 11,650 | 11,650 | |||||
(=) Equity Value | 78,622 | 82,760 | 86,898 | |||||
(/) Shares Outstanding | 15.4 | 15.4 | 15.4 | |||||
Implied Value Range | 5,096.55 | 5,364.79 | 5,633.03 | |||||
FX Rate: JPY/JPY | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 5,096.55 | 5,364.79 | 5,633.03 | 6,170.00 | ||||
Upside / (Downside) | -17.4% | -13.1% | -8.7% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | 5578 | 1447 | 7527 | 4261 | 9240 | 4413 | |
Value of Common Equity | 5,642 | 6,844 | 5,767 | 3,545 | 1,603 | 95,182 | |
(/) Shares Outstanding | 3.2 | 24.4 | 84.8 | 1.5 | 4.8 | 15.4 | |
Implied Stock Price | 1,746.00 | 280.00 | 68.00 | 2,406.00 | 334.00 | 6,170.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 1,746.00 | 280.00 | 68.00 | 2,406.00 | 334.00 | 6,170.00 | |
Trading Currency | JPY | JPY | JPY | JPY | JPY | JPY | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |