Taiyo Yuden Co., Ltd.

TSE:6976 Stock Report

Market Cap: JP¥348.1b

Taiyo Yuden Valuation

Is 6976 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 6976 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
JP¥4.56k
Fair Value
38.8% undervalued intrinsic discount
15
Number of Analysts

Below Fair Value: 6976 (¥2791) is trading below our estimate of fair value (¥4562.08)

Significantly Below Fair Value: 6976 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6976?

Key metric: As 6976 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6976. This is calculated by dividing 6976's market cap by their current revenue.
What is 6976's PS Ratio?
PS Ratio1x
SalesJP¥345.11b
Market CapJP¥348.13b

Price to Sales Ratio vs Peers

How does 6976's PS Ratio compare to its peers?

The above table shows the PS ratio for 6976 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
4980 Dexerials
3.2x7.68%JP¥355.0b
6770 Alps Alpine
0.3x-0.54%JP¥342.0b
5214 Nippon Electric Glass
1.1x4.40%JP¥317.4b
6965 Hamamatsu Photonics K.K
2.2x6.24%JP¥458.4b
6976 Taiyo Yuden
1x4.91%JP¥348.1b

Price-To-Sales vs Peers: 6976 is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (1.7x).


Price to Sales Ratio vs Industry

How does 6976's PS Ratio compare vs other companies in the JP Electronic Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
2737 Tomen Devices
0.1xn/aUS$277.09m
6615 UMC Electronics
0.06xn/aUS$55.23m
6635 Di-Nikko Engineering
0.09xn/aUS$22.54m
5759 Nippon DenkaiLtd
0.001x15.89%US$128.67k
No more companies available in this PS range
6976 1.0xIndustry Avg. 0.7xNo. of Companies31PS00.40.81.21.62+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 6976 is expensive based on its Price-To-Sales Ratio (1x) compared to the JP Electronic industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is 6976's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6976 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: 6976 is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 6976 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥2,791.00
JP¥2,616.00
-6.27%
18.01%JP¥3,600.00JP¥1,700.00n/a15
Aug ’26JP¥2,853.50
JP¥2,609.33
-8.56%
17.77%JP¥3,600.00JP¥1,700.00n/a15
Jul ’26JP¥2,486.00
JP¥2,592.86
+4.30%
18.99%JP¥3,600.00JP¥1,700.00n/a14
Jun ’26JP¥2,428.00
JP¥2,500.00
+2.97%
23.21%JP¥3,600.00JP¥1,700.00n/a14
May ’26JP¥2,186.50
JP¥2,610.71
+19.40%
27.77%JP¥4,100.00JP¥1,700.00n/a14
Apr ’26JP¥2,442.00
JP¥2,790.00
+14.25%
26.03%JP¥4,100.00JP¥1,700.00n/a15
Mar ’26JP¥2,475.00
JP¥2,726.00
+10.14%
27.93%JP¥4,100.00JP¥1,700.00n/a15
Feb ’26JP¥2,190.00
JP¥3,155.63
+44.09%
56.65%JP¥9,500.00JP¥1,700.00n/a16
Jan ’26JP¥2,269.00
JP¥3,316.88
+46.18%
53.58%JP¥9,500.00JP¥1,700.00n/a16
Dec ’25JP¥2,130.50
JP¥3,738.75
+75.49%
46.35%JP¥9,500.00JP¥2,200.00n/a16
Nov ’25JP¥2,636.50
JP¥4,173.13
+58.28%
36.67%JP¥9,500.00JP¥2,500.00n/a16
Oct ’25JP¥3,081.00
JP¥4,453.13
+44.54%
33.25%JP¥9,500.00JP¥2,500.00n/a16
Sep ’25JP¥3,596.00
JP¥4,825.00
+34.18%
27.93%JP¥9,500.00JP¥3,400.00n/a16
Aug ’25JP¥4,310.00
JP¥5,071.88
+17.68%
27.02%JP¥9,500.00JP¥3,500.00JP¥2,853.5016
Jul ’25JP¥4,018.00
JP¥4,179.38
+4.02%
12.78%JP¥5,100.00JP¥3,300.00JP¥2,486.0016
Jun ’25JP¥3,307.00
JP¥4,135.63
+25.06%
12.61%JP¥5,000.00JP¥3,000.00JP¥2,428.0016
May ’25JP¥3,707.00
JP¥4,239.84
+14.37%
14.10%JP¥5,400.00JP¥3,000.00JP¥2,186.5016
Apr ’25JP¥3,653.00
JP¥4,146.88
+13.52%
13.58%JP¥5,000.00JP¥3,000.00JP¥2,442.0016
Mar ’25JP¥3,386.00
JP¥4,318.75
+27.55%
16.46%JP¥6,000.00JP¥3,300.00JP¥2,475.0016
Feb ’25JP¥3,588.00
JP¥4,462.50
+24.37%
14.90%JP¥6,000.00JP¥3,300.00JP¥2,190.0016
Jan ’25JP¥3,730.00
JP¥4,606.25
+23.49%
17.53%JP¥6,000.00JP¥3,300.00JP¥2,269.0016
Dec ’24JP¥3,695.00
JP¥4,547.06
+23.06%
17.87%JP¥6,000.00JP¥3,300.00JP¥2,130.5017
Nov ’24JP¥3,537.00
JP¥4,711.76
+33.21%
16.80%JP¥6,000.00JP¥3,700.00JP¥2,636.5017
Oct ’24JP¥4,049.00
JP¥4,835.29
+19.42%
14.76%JP¥6,000.00JP¥3,800.00JP¥3,081.0017
Sep ’24JP¥4,045.00
JP¥4,980.56
+23.13%
15.72%JP¥6,650.00JP¥3,800.00JP¥3,596.0018
Aug ’24JP¥4,373.00
JP¥5,236.11
+19.74%
19.51%JP¥8,000.00JP¥3,700.00JP¥4,310.0018
AnalystConsensusTarget
Consensus Narrative from 15 Analysts
JP¥2.62k
Fair Value
6.7% overvalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/10 06:09
End of Day Share Price 2025/08/08 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Taiyo Yuden Co., Ltd. is covered by 30 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George ChangAletheia Analyst Network Limited
Masaru KoshitaBarclays
Masahiro WakasugiBNP Paribas Securities (Asia)