Ricoh Company, Ltd.

DB:RIC1 Stock Report

Market Cap: €6.3b

Ricoh Company Valuation

Is RIC1 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 RIC1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€13.69
Fair Value
18.2% undervalued intrinsic discount
9
Number of Analysts

Below Fair Value: RIC1 (€11.2) is trading below our estimate of fair value (€13.69)

Significantly Below Fair Value: RIC1 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 RIC1?

Key metric: As RIC1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RIC1. This is calculated by dividing RIC1's market cap by their current earnings.
What is RIC1's PE Ratio?
PE Ratio26.9x
EarningsJP¥37.83b
Market CapJP¥1.02t

Price to Earnings Ratio vs Peers

How does RIC1's PE Ratio compare to its peers?

The above table shows the PE ratio for RIC1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.7x
3017 Asia Vital Components
29.6x30.0%NT$221.9b
JEN Jenoptik
14.7x12.2%€1.2b
6724 Seiko Epson
15.8x11.3%JP¥911.0b
300866 Anker Innovations
30.8x19.9%CN¥57.7b
RIC1 Ricoh Company
26.9x19.5%€1.0t

Price-To-Earnings vs Peers: RIC1 is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the peer average (22.7x).

Price to Earnings Ratio vs Industry

How does RIC1's PE Ratio compare vs other companies in the European Tech Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
RIC1 26.9xIndustry Avg. 21.6xNo. of Companies3PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RIC1 is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the Global Tech industry average (21.6x).

Price to Earnings Ratio vs Fair Ratio

What is RIC1'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.

RIC1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.9x
Fair PE Ratio14.7x

Price-To-Earnings vs Fair Ratio: RIC1 is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the estimated Fair Price-To-Earnings Ratio (14.7x).

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 RIC1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€11.20
€9.97
-11.0%
13.3%€11.84€6.85n/a9
Jan ’26€10.90
€9.57
-12.2%
16.3%€12.01€6.95n/a10
Dec ’25€10.60
€9.20
-13.2%
16.7%€11.85€6.86n/a10
Nov ’25€9.80
€8.48
-13.5%
11.6%€10.46€6.77n/a10
Oct ’25€9.90
€8.44
-14.8%
11.3%€10.53€6.81n/a10
Sep ’25€9.40
€8.44
-10.2%
11.3%€10.53€6.81n/a10
Aug ’25€8.15
€8.20
+0.7%
13.7%€9.94€6.43n/a9
Jul ’25€8.05
€8.16
+1.3%
12.3%€10.04€6.50n/a9
Jun ’25€8.20
€8.20
-0.007%
12.8%€10.02€6.49n/a8
May ’25€8.10
€8.03
-0.9%
13.2%€10.26€6.64n/a9
Apr ’25€8.15
€7.89
-3.2%
14.9%€10.53€6.82n/a9
Mar ’25€7.70
€7.82
+1.6%
14.3%€10.50€6.80n/a10
Feb ’25€7.20
€7.94
+10.3%
13.8%€9.93€6.77€11.209
Jan ’25€6.90
€8.27
+19.9%
12.4%€10.29€7.01€10.9010
Dec ’24€7.30
€7.90
+8.3%
12.3%€9.80€6.68€10.6010
Nov ’24€7.65
€8.15
+6.6%
12.4%€10.08€6.30€9.8011
Oct ’24€8.10
€8.05
-0.6%
14.1%€10.14€6.34€9.9011
Sep ’24€7.50
€8.05
+7.4%
14.1%€10.14€6.34€9.4011
Aug ’24€8.00
€7.99
-0.1%
14.1%€10.26€6.41€8.1511
Jul ’24€7.60
€7.94
+4.5%
14.2%€10.16€6.35€8.0511
Jun ’24€7.55
€8.20
+8.7%
17.0%€10.67€6.34€8.2013
May ’24€7.35
€8.56
+16.4%
18.1%€11.81€6.60€8.1013
Apr ’24€6.70
€8.54
+27.5%
18.2%€11.46€6.60€8.1512
Mar ’24€7.10
€9.01
+26.9%
18.6%€12.78€7.10€7.7013
Feb ’24€7.00
€9.35
+33.6%
19.0%€12.99€7.22€7.2013
Analyst Price Target
Consensus Narrative from 9 Analysts
€10.03
Fair Value
11.7% overvalued intrinsic discount
9
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 Analysis2025/02/02 04:08
End of Day Share Price 2025/01/31 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

Ricoh Company, Ltd. is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masahiro NakanomyoBarclays
Kunihiko KannoBNP Paribas Securities (Asia)
Takashi IwaiBofA Global Research