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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 0.3x - 0.4x | 0.4x |
Selected Fwd Ps Multiple | 0.3x - 0.3x | 0.3x |
Fair Value | ¥48.49 - ¥53.60 | ¥51.04 |
Upside | 7.8% - 19.1% | 13.4% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
Grantomato Co.,Ltd. | 713,700.0% | TSE:7137 |
MICREED Co.,Ltd. | 768,700.0% | TSE:7687 |
Chubu Suisan Co.,Ltd. | 814,500.0% | NSE:8145 |
KURADASHI.Co.,Ltd. | 588,400.0% | TSE:5884 |
Poplar Co., Ltd. | 760,100.0% | TSE:7601 |
Life Intelligent Enterprise Holdings Co.,Ltd. | 585,600.0% | TSE:5856 |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
7137 | 7687 | 8145 | 5884 | 7601 | 5856 | |||
TSE:7137 | TSE:7687 | NSE:8145 | TSE:5884 | TSE:7601 | TSE:5856 | |||
Historical Sales Growth | ||||||||
5Y CAGR | NM- | 7.9% | -2.4% | NM- | -13.9% | 4.2% | ||
3Y CAGR | 7.3% | 28.7% | -3.7% | 31.3% | -13.7% | 6.5% | ||
Latest Twelve Months | 13.4% | 14.9% | -1.1% | NM | -3.0% | -30.3% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 1.6% | 1.2% | 0.5% | -1.7% | -2.7% | 0.6% | ||
Prior Fiscal Year | 1.9% | 2.9% | 0.9% | -5.7% | -1.8% | -0.4% | ||
Latest Fiscal Year | 1.9% | 3.7% | 0.9% | 0.4% | 3.5% | -7.1% | ||
Latest Twelve Months | 1.9% | 3.8% | 0.9% | -3.1% | 3.5% | 4.9% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 8.4x | 5.2x | -2.9x | -83.1x | 2.4x | -1.3x | ||
Price / LTM Sales | 0.2x | 0.5x | 0.1x | 1.1x | 0.2x | 0.4x | ||
LTM P/E Ratio | 8.5x | 12.7x | 14.3x | -36.4x | 5.7x | 7.6x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 0.1x | 0.2x | 1.1x | |||||
Historical LTM P/S Ratio | 0.2x | 0.3x | 0.4x | |||||
Selected Price / Sales Multiple | 0.3x | 0.4x | 0.4x | |||||
(x) LTM Sales | 13,078 | 13,078 | 13,078 | |||||
(=) Equity Value | 4,462 | 4,697 | 4,932 | |||||
(/) Shares Outstanding | 101.9 | 101.9 | 101.9 | |||||
Implied Value Range | 43.77 | 46.07 | 48.38 | |||||
FX Rate: JPY/JPY | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 43.77 | 46.07 | 48.38 | 45.00 | ||||
Upside / (Downside) | -2.7% | 2.4% | 7.5% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | 7137 | 7687 | 8145 | 5884 | 7601 | 5856 | |
Value of Common Equity | 2,304 | 3,284 | 4,503 | 3,418 | 2,357 | 4,588 | |
(/) Shares Outstanding | 1.9 | 6.6 | 1.6 | 10.9 | 11.8 | 101.9 | |
Implied Stock Price | 1,200.00 | 498.00 | 2,750.00 | 315.00 | 200.00 | 45.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 1,200.00 | 498.00 | 2,750.00 | 315.00 | 200.00 | 45.00 | |
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 |