Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Revenue Multiple | 0.3x - 0.3x | 0.3x |
| Selected Fwd Revenue Multiple | 0.2x - 0.3x | 0.3x |
| Fair Value | ¥726.56 - ¥820.02 | ¥773.29 |
| Upside | -21.3% - -11.2% | -16.2% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| Ichimasa Kamaboko Co., Ltd. | 2904 | TSE:2904 |
| Semba Tohka Industries Co., Ltd | 2916 | TSE:2916 |
| Key Coffee Inc. | 2594 | TSE:2594 |
| Kakiyasu Honten Co., Ltd. | 2294 | TSE:2294 |
| DyDo Group Holdings, Inc. | 2590 | TSE:2590 |
| Ohmoriya Co.,Ltd. | 2917 | TSE:2917 |
| Select LTM Revenue Multiple | ||||||||
| Benchmark Companies | ||||||||
| 2904 | 2916 | 2594 | 2294 | 2590 | 2917 | |||
| TSE:2904 | TSE:2916 | TSE:2594 | TSE:2294 | TSE:2590 | TSE:2917 | |||
| Historical Revenue Growth | ||||||||
| 5Y CAGR | -0.6% | -1.4% | 3.0% | NM- | 7.1% | -2.5% | ||
| 3Y CAGR | -0.2% | -0.7% | 11.9% | NM- | 13.4% | -3.1% | ||
| Latest Twelve Months | 3.3% | -0.3% | 6.1% | NM | 11.2% | 10.4% | ||
| Historical EBIT Profit Margin | ||||||||
| 5 Year Average Margin | 2.9% | 3.8% | -0.3% | 6.7% | 2.1% | 2.5% | ||
| Prior Fiscal Year | -0.7% | 1.4% | 0.4% | 8.0% | 1.7% | 2.6% | ||
| Latest Fiscal Year | 3.6% | 3.6% | 1.0% | 5.9% | 2.0% | 1.7% | ||
| Latest Twelve Months | 4.0% | 4.0% | 1.1% | 5.0% | 2.0% | 0.3% | ||
| Current Trading Multiples | ||||||||
| EV / LTM Revenue | 0.63x | 0.23x | 0.60x | 0.55x | 0.28x | 0.33x | ||
| EV / LTM EBIT | 15.9x | 5.7x | 52.5x | 11.1x | 14.0x | 111.7x | ||
| Price / LTM Sales | 0.40x | 0.41x | 0.58x | 0.79x | 0.39x | 0.28x | ||
| Low | Mid | High | ||||||
| Benchmark EV / LTM Revenue | 0.23x | 0.55x | 0.63x | |||||
| Historical EV / LTM Revenue | 0.13x | 0.23x | 0.30x | |||||
| Selected EV / LTM Revenue | 0.28x | 0.29x | 0.31x | |||||
| (x) LTM Revenue | 16,426 | 16,426 | 16,426 | |||||
| (=) Implied Enterprise Value | 4,568 | 4,809 | 5,049 | |||||
| (-) Non-shareholder Claims * | (807) | (807) | (807) | |||||
| (=) Equity Value | 3,761 | 4,002 | 4,242 | |||||
| (/) Shares Outstanding | 5.0 | 5.0 | 5.0 | |||||
| Implied Value Range | 751.97 | 800.04 | 848.11 | |||||
| FX Rate: JPY/JPY | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 751.97 | 800.04 | 848.11 | 923.00 | ||||
| Upside / (Downside) | -18.5% | -13.3% | -8.1% | |||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 2904 | 2916 | 2594 | 2294 | 2590 | 2917 | |
| Enterprise Value | 22,025 | 4,504 | 46,274 | 20,579 | 66,346 | 5,424 | |
| (+) Cash & Short Term Investments | 1,201 | 3,179 | 5,222 | 7,032 | 41,460 | 1,781 | |
| (+) Investments & Other | 2,117 | 4,072 | 3,877 | 1,459 | 19,836 | 674 | |
| (-) Debt | (11,360) | (3,911) | (10,344) | 0 | (35,068) | (3,262) | |
| (-) Other Liabilities | (103) | (12) | (318) | 0 | (1,592) | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 13,880 | 7,832 | 44,711 | 29,070 | 90,982 | 4,617 | |
| (/) Shares Outstanding | 18.4 | 11.4 | 21.4 | 9.6 | 31.6 | 5.0 | |
| Implied Stock Price | 754.00 | 688.00 | 2,088.00 | 3,035.00 | 2,879.00 | 923.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 754.00 | 688.00 | 2,088.00 | 3,035.00 | 2,879.00 | 923.00 | |
| 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 | |