BANDAI NAMCO Holdings Inc.

DB:N9B Stock Report

Market Cap: €14.3b

BANDAI NAMCO Holdings Valuation

Is N9B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of N9B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€19.85
Fair Value
8.3% overvalued intrinsic discount
13
Number of Analysts

Below Fair Value: N9B (€21.49) is trading above our estimate of fair value (€19.85)

Significantly Below Fair Value: N9B is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for N9B?

Key metric: As N9B is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for N9B. This is calculated by dividing N9B's market cap by their current earnings.
What is N9B's PE Ratio?
PE Ratio17.7x
EarningsJP¥130.05b
Market CapJP¥2.30t

Price to Earnings Ratio vs Peers

How does N9B's PE Ratio compare to its peers?

The above table shows the PE ratio for N9B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average82.3x
ZPF Zapf Creation
176.5xn/a€199.4m
PUM PUMA
24.4x16.9%€6.3b
ADS adidas
114.3x32.6%€43.5b
BOSS Hugo Boss
13.9x13.3%€3.0b
N9B BANDAI NAMCO Holdings
17.7x-2.4%€2.3t

Price-To-Earnings vs Peers: N9B is good value based on its Price-To-Earnings Ratio (17.7x) compared to the peer average (82.3x).

Price to Earnings Ratio vs Industry

How does N9B's PE Ratio compare vs other companies in the European Leisure Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
N9B 17.7xIndustry Avg. 17.7xNo. of Companies6PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: N9B is expensive based on its Price-To-Earnings Ratio (17.7x) compared to the Global Leisure industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is N9B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

N9B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.7x
Fair PE Ratio15.1x

Price-To-Earnings vs Fair Ratio: N9B is expensive based on its Price-To-Earnings Ratio (17.7x) compared to the estimated Fair Price-To-Earnings Ratio (15.1x).

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 N9B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€21.49
€22.52
+4.8%
14.1%€28.45€14.84n/a13
Jan ’26€22.75
€22.47
-1.2%
13.7%€28.20€14.71n/a14
Dec ’25€19.47
€22.32
+14.7%
14.3%€28.32€14.78n/a14
Nov ’25€18.87
€21.47
+13.8%
12.5%€24.91€14.58n/a13
Oct ’25€20.46
€21.77
+6.4%
14.2%€25.62€15.00n/a13
Sep ’25€19.70
€21.37
+8.5%
14.5%€25.38€14.85n/a15
Aug ’25€19.23
€20.05
+4.2%
15.0%€23.91€13.30n/a15
Jul ’25€18.03
€19.97
+10.8%
15.3%€23.92€13.30n/a15
Jun ’25€17.39
€20.13
+15.8%
14.6%€24.18€13.44n/a16
May ’25€17.52
€20.64
+17.8%
13.9%€24.95€13.87n/a16
Apr ’25€16.99
€20.67
+21.7%
14.0%€24.90€13.85n/a16
Mar ’25€18.08
€21.12
+16.8%
14.9%€25.33€14.09n/a15
Feb ’25€19.50
€21.81
+11.8%
14.9%€26.30€14.28n/a15
Jan ’25€17.90
€22.72
+26.9%
14.2%€27.40€15.74€22.7516
Dec ’24€17.94
€22.70
+26.6%
12.5%€26.49€15.22€19.4718
Nov ’24€19.39
€23.69
+22.2%
13.6%€29.64€15.57€18.8718
Oct ’24€19.14
€23.73
+24.0%
14.7%€29.91€15.72€20.4615
Sep ’24€21.29
€23.41
+9.9%
15.7%€29.70€15.61€19.7015
Aug ’24€20.45
€23.37
+14.3%
16.1%€30.22€15.88€19.2315
Jul ’24€21.01
€22.89
+9.0%
16.1%€29.86€15.69€18.0315
Jun ’24€21.95
€23.73
+8.1%
16.0%€31.47€16.54€17.3915
May ’24€20.52
€23.33
+13.7%
14.0%€28.31€16.76€17.5215
Apr ’24€19.91
€24.18
+21.5%
14.9%€29.86€17.13€16.9915
Mar ’24€19.11
€24.52
+28.4%
13.9%€30.09€17.26€18.0815
Feb ’24€20.33
€25.19
+23.9%
13.3%€30.56€17.53€19.5016
Jan ’24€19.49
€25.33
+30.0%
14.2%€31.19€17.48€17.9016
Analyst Price Target
Consensus Narrative from 13 Analysts
€22.21
Fair Value
3.2% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 01:25
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

BANDAI NAMCO Holdings Inc. is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Haruka MoriBarclays
Yoshitaka NagaoBofA Global Research
Kota EzawaCitigroup Inc