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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 0.8x - 0.9x | 0.8x |
Historical Pb Multiple | 0.7x - 1.0x | 1.0x |
Fair Value | ¥1,091 - ¥1,206 | ¥1,149 |
Upside | 2.1% - 12.8% | 7.5% |
Benchmarks | - | Full Ticker |
Tokyo Kisen Co.,Ltd. | 919,300.0% | TSE:9193 |
Tamai Steamship Co., Ltd. | 912,700.0% | TSE:9127 |
Kawasaki Kisen Kaisha, Ltd. | 910,700.0% | TSE:9107 |
NS United Kaiun Kaisha, Ltd. | 911,000.0% | TSE:9110 |
Azuma Shipping Co., Ltd. | 938,000.0% | TSE:9380 |
Iino Kaiun Kaisha, Ltd. | 911,900.0% | TSE:9119 |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
9193 | 9127 | 9107 | 9110 | 9380 | 9119 | |||
TSE:9193 | TSE:9127 | TSE:9107 | TSE:9110 | TSE:9380 | TSE:9119 | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 46.8% | NM- | 125.2% | 25.6% | 16.3% | 37.1% | ||
3Y CAGR | NM- | 20.7% | -22.0% | -7.6% | -3.1% | 13.6% | ||
Latest Twelve Months | 257.3% | 186.6% | 191.5% | 3.5% | 82.3% | -7.0% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 3.4% | 10.8% | 41.5% | 8.2% | 1.1% | 12.3% | ||
Prior Fiscal Year | 4.6% | 11.8% | 10.9% | 7.7% | 0.8% | 14.3% | ||
Latest Fiscal Year | 17.0% | 38.9% | 29.1% | 7.5% | 1.5% | 12.9% | ||
Latest Twelve Months | 17.0% | 38.9% | 29.1% | 7.5% | 1.5% | 12.9% | ||
Return on Equity | ||||||||
5 Year Average Margin | 1.8% | 10.5% | 50.4% | 14.6% | 2.5% | 15.0% | ||
Prior Fiscal Year | 2.7% | 10.6% | 6.7% | 12.5% | 1.9% | 16.3% | ||
Latest Twelve Months | 9.0% | 25.3% | 18.8% | 11.9% | 3.4% | 13.2% | ||
Next Fiscal Year | 3.1% | 20.2% | 15.1% | 13.3% | 2.9% | 13.2% | ||
Two Fiscal Years Forward | 3.0% | 17.0% | 15.1% | 12.4% | 2.8% | 12.3% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 0.8x | 0.9x | 1.3x | 0.4x | 0.2x | 0.8x | ||
Price / LTM EPS | 4.5x | 2.4x | 4.4x | 5.0x | 16.7x | 6.2x | ||
Price / Book | 0.4x | 0.5x | 0.8x | 0.6x | 0.6x | 0.8x | ||
Price / Fwd Book | 0.4x | 0.4x | 0.8x | 0.5x | 0.5x | 0.7x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.4x | 0.6x | 0.8x | |||||
Historical P/B Ratio | 0.7x | 1.0x | 1.0x | |||||
Selected P/B Multiple | 0.8x | 0.8x | 0.9x | |||||
(x) Book Value | 145,504 | 145,504 | 145,504 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | 9193 | 9127 | 9107 | 9110 | 9380 | 9119 | |
Value of Common Equity | 9,135 | 5,013 | 1,344,820 | 93,673 | 9,628 | 113,103 | |
(/) Shares Outstanding | 10.0 | 1.9 | 631.8 | 23.6 | 28.1 | 105.8 | |
Implied Stock Price | 918.00 | 2,597.00 | 2,128.50 | 3,975.00 | 343.00 | 1,069.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 918.00 | 2,597.00 | 2,128.50 | 3,975.00 | 343.00 | 1,069.00 | |
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 |