Fuji Soft Incorporated

MUN:FJT Stock Report

Market Cap: €3.8b

Fuji Soft Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 FJT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FJT (€58) is trading above our estimate of fair value (€32.55)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for FJT. This is calculated by dividing FJT's market cap by their current earnings.
What is FJT's PE Ratio?
PE Ratio32.5x
EarningsJP¥18.62b
Market CapJP¥604.60b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FJT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.3x
IXX init innovation in traffic systems
19.6x27.8%€358.5m
IVU IVU Traffic Technologies
19.2xn/a€234.6m
TMV TeamViewer
14.9x11.1%€1.8b
BC8 Bechtle
15.7x9.4%€3.9b
FJT Fuji Soft
32.5x21.7%€604.6b

Price-To-Earnings vs Peers: FJT is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the peer average (17.3x).

Price to Earnings Ratio vs Industry

How does FJT's PE Ratio compare vs other companies in the European Software Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FJT 32.5xIndustry Avg. 27.2xNo. of Companies20PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FJT is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the European Software industry average (27.2x).

Price to Earnings Ratio vs Fair Ratio

What is FJT'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.

FJT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.5x
Fair PE Ratio28.6x

Price-To-Earnings vs Fair Ratio: FJT is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the estimated Fair Price-To-Earnings Ratio (28.6x).

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 FJT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€58.00
€46.66
-19.6%
36.8%€60.86€22.52n/a3
Nov ’25€53.50
€48.24
-9.8%
36.8%€62.93€23.28n/a3
Oct ’25€54.00
€48.24
-10.7%
36.8%€62.93€23.28n/a3
Sep ’25€53.00
€42.13
-20.5%
38.0%€62.26€23.04n/a3
Aug ’25€41.80
€37.62
-10.0%
35.9%€58.55€21.66n/a4
Jul ’25€40.20
€37.73
-6.1%
35.9%€58.72€21.73n/a4
Jun ’25€37.20
€38.00
+2.2%
35.6%€58.92€21.80n/a4
May ’25€35.80
€39.16
+9.4%
35.6%€60.72€22.46n/a4
Apr ’25€35.60
€39.86
+12.0%
35.6%€61.80€22.86n/a4
Mar ’25€37.60
€39.94
+6.2%
35.3%€61.26€22.67n/a4
Feb ’25€41.20
€33.39
-18.9%
26.8%€47.26€23.31n/a4
Jan ’25€36.80
€34.50
-6.2%
27.9%€46.48€22.93n/a3
Dec ’24€35.60
€34.50
-3.1%
27.9%€46.48€22.93n/a3
Nov ’24€33.40
€29.88
-10.5%
16.4%€34.60€23.27€53.504
Oct ’24€29.80
€29.88
+0.3%
16.4%€34.60€23.27€54.004
Sep ’24€27.40
€29.88
+9.0%
16.4%€34.60€23.27€53.004
Aug ’24€29.40
€30.17
+2.6%
14.4%€36.67€24.67€41.804
Jul ’24€28.60
€30.17
+5.5%
14.4%€36.67€24.67€40.204
Jun ’24€28.75
€30.29
+5.4%
15.4%€37.44€25.18€37.204
May ’24€26.50
€30.16
+13.8%
15.5%€37.70€25.36€35.804
Apr ’24€25.75
€30.22
+17.4%
15.0%€37.99€26.60€35.604
Mar ’24€26.50
€30.23
+14.1%
15.5%€38.22€26.75€37.604
Feb ’24€26.00
€29.02
+11.6%
9.1%€33.36€26.76€41.204
Jan ’24€26.25
€29.02
+10.6%
9.1%€33.36€26.76€36.804
Dec ’23€27.25
€29.02
+6.5%
9.1%€33.36€26.76€35.604
Nov ’23€26.75
€29.85
+11.6%
9.3%€34.42€27.61€33.404

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

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