Japan Cash Machine Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: JCM (€6.45) is trading above our estimate of fair value (€1.51)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for JCM. This is calculated by dividing JCM's market cap by their current earnings.
What is JCM's PE Ratio?
PE Ratio	6.5x
Earnings	JP¥4.40b
Market Cap	JP¥28.53b

JCM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.7x
Enterprise Value/EBITDA	4.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for JCM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	20x
M7U Nynomic	12.2x	17.5%	€115.4m
S9I Stemmer Imaging	42.2x	37.2%	€344.5m
FEV FORTEC Elektronik	11.5x	14.2%	€60.8m
JEN Jenoptik	14.2x	12.3%	€1.2b
JCM Japan Cash Machine	6.5x	n/a	€28.5b

Price-To-Earnings vs Peers: JCM is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (20x).

Price to Earnings Ratio vs Industry

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

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: JCM is good value based on its Price-To-Earnings Ratio (6.5x) compared to the European Electronic industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is JCM'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.

JCM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate JCM's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

JEOL

JP¥289.5b

Engages in the research, development, manufacture, and marketing of scientific and metrology instruments, semiconductor and industrial equipment, and medical equipment worldwide.

JEL

JP¥35.00

-0.6%

-1.1%

UniDevice

€1.8m

Together with its subsidiary, PPA International AG, engages in wholesale of electronic entertainment and communication devices.

UDC

€0.12

-92.0%

KATEK

€221.7m

Provides electronics value chain services in Germany, Europe, and internationally.

KTEK

€15.10

1.0%