BIPROGY Valuation

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

Discounted Cash Flow
Simply Wall St
€27.40
Fair Value
0.7% undervalued intrinsic discount
9
Number of Analysts

Below Fair Value: NIU (€27.2) is trading below our estimate of fair value (€27.4)

Significantly Below Fair Value: NIU is trading below fair value, but not by a significant amount.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NIU. This is calculated by dividing NIU's market cap by their current earnings.
What is NIU's PE Ratio?
PE Ratio17.8x
EarningsJP¥24.19b
Market CapJP¥431.41b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NIU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.7x
BC8 Bechtle
15.7x7.3%€3.9b
SANT Kontron
13.2x19.4%€1.1b
NA9 Nagarro
19.5x15.7%€1.1b
YSN secunet Security Networks
26.3x8.5%€727.2m
NIU BIPROGY
17.8x8.2%€431.4b

Price-To-Earnings vs Peers: NIU is good value based on its Price-To-Earnings Ratio (17.8x) compared to the peer average (18.7x).


Price to Earnings Ratio vs Industry

How does NIU's PE Ratio compare vs other companies in the DE IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
NIU 17.8xIndustry Avg. 17.6xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NIU is expensive based on its Price-To-Earnings Ratio (17.8x) compared to the European IT industry average (17.6x).


Price to Earnings Ratio vs Fair Ratio

What is NIU'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.

NIU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.8x
Fair PE Ratio23.9x

Price-To-Earnings vs Fair Ratio: NIU is good value based on its Price-To-Earnings Ratio (17.8x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).


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 NIU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€27.20
€31.12
+14.4%
12.0%€35.50€25.10n/a9
Jan ’26€28.60
€31.22
+9.2%
12.7%€35.55€25.13n/a8
Dec ’25€29.00
€31.87
+9.9%
12.7%€36.28€25.65n/a8
Nov ’25€28.20
€31.37
+11.2%
10.5%€34.99€24.73n/a8
Oct ’25€29.80
€33.14
+11.2%
10.5%€36.97€26.13n/a8
Sep ’25€29.00
€30.56
+5.4%
12.3%€35.90€25.38n/a8
Aug ’25€29.20
€28.57
-2.1%
12.3%€34.80€22.80n/a8
Jul ’25€25.80
€27.98
+8.5%
11.5%€33.08€22.44n/a8
Jun ’25€24.00
€28.10
+17.1%
11.9%€32.87€22.31n/a8
May ’25€27.00
€28.88
+7.0%
13.3%€33.86€21.38n/a8
Apr ’25€27.00
€29.59
+9.6%
13.4%€34.91€22.05n/a8
Mar ’25€28.20
€29.59
+4.9%
13.4%€34.91€22.05n/a8
Feb ’25€26.40
€28.26
+7.0%
10.9%€32.59€22.56n/a8
Jan ’25€28.20
€27.84
-1.3%
9.9%€31.46€22.65€28.607
Dec ’24€26.40
€26.93
+2.0%
9.7%€30.99€22.31€29.007
Nov ’24€24.00
€25.45
+6.0%
7.9%€28.22€22.58€28.208
Oct ’24€23.60
€25.70
+8.9%
8.1%€28.41€22.73€29.808
Sep ’24€24.00
€25.76
+7.4%
7.9%€28.57€22.86€29.008
Aug ’24€22.20
€25.41
+14.5%
6.2%€28.41€23.12€29.209
Jul ’24€22.40
€25.41
+13.5%
6.2%€28.41€23.12€25.809
Jun ’24€23.00
€24.89
+8.2%
5.8%€27.45€23.44€24.009
May ’24€21.80
€25.26
+15.9%
7.8%€28.47€22.22€27.009
Apr ’24€22.40
€25.26
+12.8%
7.8%€28.47€22.22€27.009
Mar ’24€20.60
€24.97
+21.2%
7.8%€28.24€22.04€28.208
Feb ’24€23.20
€26.31
+13.4%
8.2%€29.59€23.09€26.408
Jan ’24€23.60
€25.24
+7.0%
8.6%€28.59€22.31€28.209
Analyst Price Target
Consensus Narrative from 9 Analysts
€31.46
Fair Value
13.5% undervalued intrinsic discount
9
Number of Analysts

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 17:26
End of Day Share Price 2025/01/17 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

BIPROGY Inc. is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hiroyasu EguchiBofA Global Research
Mitsunobu TsuruoCitigroup Inc
Hiroyasu EguchiCredit Suisse