Taiyo Yuden Co., Ltd.

DB:TYC1 Stock Report

Market Cap: €1.8b

Taiyo Yuden Valuation

Is TYC1 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 TYC1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€26.12
Fair Value
39.5% undervalued intrinsic discount
15
Number of Analysts

Below Fair Value: TYC1 (€15.8) is trading below our estimate of fair value (€26.12)

Significantly Below Fair Value: TYC1 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TYC1?

Key metric: As TYC1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TYC1. This is calculated by dividing TYC1's market cap by their current earnings.
What is TYC1's PE Ratio?
PE Ratio22.1x
EarningsJP¥12.81b
Market CapJP¥282.89b

Price to Earnings Ratio vs Peers

How does TYC1's PE Ratio compare to its peers?

The above table shows the PE ratio for TYC1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.6x
JEN Jenoptik
14.4x12.2%€1.2b
S9I Stemmer Imaging
42.3x49.0%€345.8m
5214 Nippon Electric Glass
23.6x17.7%JP¥285.8b
002815 Suntak TechnologyLtd
46.2xn/aCN¥12.6b
TYC1 Taiyo Yuden
22.1x28.5%€282.9b

Price-To-Earnings vs Peers: TYC1 is good value based on its Price-To-Earnings Ratio (22.1x) compared to the peer average (28.3x).

Price to Earnings Ratio vs Industry

How does TYC1's PE Ratio compare vs other companies in the European Electronic Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TYC1 22.1xIndustry Avg. 19.3xNo. of Companies15PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TYC1 is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the European Electronic industry average (19.3x).

Price to Earnings Ratio vs Fair Ratio

What is TYC1'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.

TYC1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.1x
Fair PE Ratio16.8x

Price-To-Earnings vs Fair Ratio: TYC1 is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the estimated Fair Price-To-Earnings Ratio (16.8x).

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 TYC1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€15.80
€17.61
+11.5%
26.7%€26.24€10.88n/a15
Feb ’26€13.40
€19.29
+44.0%
56.7%€58.08€10.39n/a16
Jan ’26€13.70
€20.15
+47.0%
53.6%€57.70€10.33n/a16
Dec ’25€13.20
€22.75
+72.4%
46.4%€57.81€13.39n/a16
Nov ’25€16.40
€25.35
+54.6%
36.7%€57.72€15.19n/a16
Oct ’25€19.00
€28.02
+47.5%
33.2%€59.78€15.73n/a16
Sep ’25€22.20
€30.00
+35.1%
27.9%€59.07€21.14n/a16
Aug ’25€26.40
€29.66
+12.3%
27.0%€55.56€20.47n/a16
Jul ’25€23.00
€24.25
+5.4%
12.8%€29.60€19.15n/a16
Jun ’25€19.20
€24.54
+27.8%
12.6%€29.67€17.80n/a16
May ’25€22.00
€25.71
+16.9%
14.1%€32.74€18.19n/a16
Apr ’25€21.60
€25.46
+17.9%
13.6%€30.70€18.42n/a16
Mar ’25€20.60
€26.69
+29.5%
16.5%€37.07€20.39n/a16
Feb ’25€22.20
€27.78
+25.1%
14.9%€37.35€20.54€13.4016
Jan ’25€23.60
€29.70
+25.9%
17.5%€38.69€21.28€13.7016
Dec ’24€22.60
€28.47
+26.0%
17.9%€37.56€20.66€13.2017
Nov ’24€21.80
€29.77
+36.6%
16.8%€37.91€23.38€16.4017
Oct ’24€25.60
€30.70
+19.9%
14.8%€38.09€24.12€19.0017
Sep ’24€25.60
€31.60
+23.4%
15.7%€42.19€24.11€22.2018
Aug ’24€27.80
€33.69
+21.2%
19.5%€51.48€23.81€26.4018
Jul ’24€25.40
€32.84
+29.3%
19.9%€50.75€23.47€23.0018
Jun ’24€28.80
€34.38
+19.4%
20.3%€53.40€24.70€19.2017
May ’24€27.60
€35.41
+28.3%
19.6%€54.26€27.13€22.0017
Apr ’24€29.96
€37.92
+26.6%
19.2%€56.33€28.16€21.6018
Mar ’24€28.45
€37.11
+30.4%
19.2%€55.35€27.67€20.6018
Feb ’24€31.65
€38.47
+21.5%
14.9%€51.02€31.62€22.2018
Analyst Price Target
Consensus Narrative from 15 Analysts
€19.18
Fair Value
17.6% undervalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/09 03:42
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
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.

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

Taiyo Yuden Co., Ltd. is covered by 30 analysts. 15 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
Warren LauAletheia Analyst Network Limited
Masaru KoshitaBarclays