Ibiden Co.,Ltd.

DB:IBI Stock Report

Market Cap: €7.9b

IbidenLtd Valuation

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

€148.63
Fair Value
62.3% undervalued intrinsic discount
17
Number of Analysts

Below Fair Value: IBI (€56) is trading below our estimate of fair value (€148.63)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for IBI. This is calculated by dividing IBI's market cap by their current earnings.
What is IBI's PE Ratio?
PE Ratio36.9x
EarningsJP¥37.62b
Market CapJP¥1.39t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for IBI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47x
JEN Jenoptik
15.4x16.93%€1.1b
3037 Unimicron Technology
117.5x69.40%NT$234.7b
8069 E Ink Holdings
24.8x21.71%NT$265.1b
A009150 Samsung Electro-Mechanics
30.3x22.38%₩15.1t
IBI IbidenLtd
36.9x19.70%€1.4t

Price-To-Earnings vs Peers: IBI is good value based on its Price-To-Earnings Ratio (36.9x) compared to the peer average (46.9x).

Price to Earnings Ratio vs Industry

How does IBI's PE Ratio compare vs other companies in the European Electronic Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IBI 36.9xIndustry Avg. 25.4xNo. of Companies13PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IBI is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the European Electronic industry average (25.4x).

Price to Earnings Ratio vs Fair Ratio

What is IBI'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.

IBI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.9x
Fair PE Ratio20.9x

Price-To-Earnings vs Fair Ratio: IBI is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

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 IBI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€56.00
€50.96
-9.00%
20.72%€73.27€27.26n/a17
Oct ’26€51.00
€44.85
-12.06%
16.95%€56.09€27.47n/a17
Sep ’26€40.20
€42.37
+5.39%
14.45%€52.90€27.96n/a17
Aug ’26€38.40
€40.43
+5.28%
12.06%€48.03€28.12n/a17
Jul ’26€37.60
€38.73
+2.99%
12.48%€46.69€28.37n/a16
Jun ’26€36.20
€35.97
-0.65%
14.16%€44.08€26.32n/a16
May ’26€24.20
€34.64
+43.13%
15.30%€44.36€26.49n/a16
Apr ’26€25.00
€35.56
+42.23%
14.38%€44.38€26.50n/a16
Mar ’26€26.00
€38.17
+46.82%
14.22%€49.16€28.90n/a17
Feb ’26€28.40
€38.35
+35.04%
13.61%€47.32€29.67n/a18
Jan ’26€29.20
€39.28
+34.51%
19.77%€53.15€23.45n/a18
Dec ’25€27.40
€39.49
+44.14%
19.51%€52.72€23.26n/a18
Nov ’25€28.00
€38.61
+37.88%
20.86%€51.28€20.33n/a18
Oct ’25€28.20
€42.27
+49.88%
20.24%€56.64€23.60€51.0017
Sep ’25€30.80
€45.28
+47.03%
14.36%€55.65€30.30€40.2016
Aug ’25€34.20
€44.85
+31.14%
12.55%€53.92€29.36€38.4016
Jul ’25€37.00
€43.84
+18.50%
14.21%€52.87€28.47€37.6017
Jun ’25€36.40
€44.08
+21.10%
13.58%€53.57€28.85€36.2017
May ’25€35.40
€46.96
+32.66%
13.86%€54.64€29.10€24.2016
Apr ’25€40.20
€52.65
+30.98%
12.86%€62.91€35.15€25.0016
Mar ’25€42.00
€52.61
+25.27%
12.80%€62.63€35.00€26.0016
Feb ’25€46.60
€54.19
+16.28%
12.39%€64.13€37.72€28.4016
Jan ’25€48.60
€56.33
+15.91%
8.72%€64.85€44.51€29.2015
Dec ’24€43.00
€56.93
+32.40%
11.17%€68.86€43.82€27.4017
Nov ’24€39.00
€58.36
+49.63%
11.74%€69.51€44.23€28.0017
Oct ’24€49.20
€61.39
+24.78%
8.99%€69.79€46.32€28.2017
€50.49
Fair Value
10.9% overvalued intrinsic discount
17
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 Analysis2025/10/13 16:58
End of Day Share Price 2025/10/10 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

Ibiden Co.,Ltd. is covered by 29 analysts. 17 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
Masashi KubotaBofA Global Research