Koei Tecmo Holdings Co., Ltd.

DB:85T Stock Report

Market Cap: €3.2b

Koei Tecmo Holdings Valuation

Is 85T 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 85T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 85T (€9.8) is trading above our estimate of fair value (€8.84)

Significantly Below Fair Value: 85T is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 85T?

Key metric: As 85T is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 85T. This is calculated by dividing 85T's market cap by their current earnings.
What is 85T's PE Ratio?
PE Ratio15.7x
EarningsJP¥32.97b
Market CapJP¥518.29b

Price to Earnings Ratio vs Peers

How does 85T's PE Ratio compare to its peers?

The above table shows the PE ratio for 85T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.7x
SAX Ströer SE KGaA
22.6x29.2%€2.6b
RRTL RTL Group
9.3x-2.6%€3.7b
G24 Scout24
35.3x14.8%€6.2b
EVD CTS Eventim KGaA
31.6x14.1%€7.9b
85T Koei Tecmo Holdings
15.7x-1.1%€518.3b

Price-To-Earnings vs Peers: 85T is good value based on its Price-To-Earnings Ratio (15.7x) compared to the peer average (24.7x).

Price to Earnings Ratio vs Industry

How does 85T's PE Ratio compare vs other companies in the European Entertainment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
85T 15.7xIndustry Avg. 13.9xNo. of Companies12PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 85T is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the European Entertainment industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is 85T'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.

85T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.7x
Fair PE Ratio15.4x

Price-To-Earnings vs Fair Ratio: 85T is expensive based on its Price-To-Earnings Ratio (15.7x) compared to the estimated Fair Price-To-Earnings Ratio (15.4x).

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 85T forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.80
€9.49
-3.1%
16.1%€11.91€7.57n/a7
Nov ’25€9.20
€9.22
+0.2%
14.5%€11.77€7.48n/a7
Oct ’25€9.90
€9.59
-3.2%
13.6%€12.08€7.87n/a7
Sep ’25€9.85
€9.59
-2.7%
13.6%€12.08€7.87n/a7
Aug ’25€8.65
€10.43
+20.5%
25.4%€16.65€7.83n/a8
Jul ’25€7.80
€10.06
+29.0%
24.1%€15.75€7.99n/a8
Jun ’25€7.85
€10.41
+32.6%
23.7%€15.83€8.21n/a7
May ’25€8.55
€13.46
+57.5%
21.1%€16.98€8.80n/a7
Apr ’25€10.10
€13.46
+33.3%
21.1%€16.98€8.80n/a7
Mar ’25€10.90
€13.46
+23.5%
21.1%€16.98€8.80n/a7
Feb ’25€11.00
€13.46
+22.4%
21.1%€16.98€8.80n/a7
Jan ’25€10.00
€14.76
+47.6%
16.7%€18.04€11.41n/a7
Dec ’24€11.00
€14.87
+35.2%
16.7%€17.53€11.08n/a7
Nov ’24€11.90
€15.48
+30.1%
17.9%€19.95€11.03€9.207
Oct ’24€13.10
€16.71
+27.5%
17.0%€20.20€11.17€9.907
Sep ’24€14.10
€16.71
+18.5%
17.0%€20.20€11.17€9.857
Aug ’24€14.50
€17.01
+17.3%
18.4%€20.45€11.31€8.656
Jul ’24€15.40
€17.64
+14.5%
17.7%€21.41€11.84€7.806
Jun ’24€15.30
€18.17
+18.8%
17.9%€21.78€12.05€7.856
May ’24€16.40
€17.89
+9.1%
19.1%€21.70€12.00€8.556
Apr ’24€15.99
€17.63
+10.3%
19.3%€22.11€11.75€10.106
Mar ’24€15.23
€18.07
+18.6%
18.3%€22.39€11.90€10.906
Feb ’24€17.08
€18.65
+9.2%
17.2%€22.62€12.02€11.007
Jan ’24€16.47
€18.46
+12.1%
18.4%€22.77€12.10€10.006
Dec ’23€16.38
€18.58
+13.4%
19.2%€22.47€11.94€11.005
Nov ’23€15.25
€17.26
+13.2%
23.9%€20.42€9.19€11.905

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

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