AZ-COM MARUWA Holdings Valuation

Is 1YM 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 1YM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1YM (€6.05) is trading below our estimate of fair value (€7.04)

Significantly Below Fair Value: 1YM 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 1YM?

Key metric: As 1YM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1YM. This is calculated by dividing 1YM's market cap by their current earnings.
What is 1YM's PE Ratio?
PE Ratio	18.2x
Earnings	JP¥7.42b
Market Cap	JP¥135.20b

1YM 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	9.7x
PEG Ratio	1.1x

Price to Earnings Ratio vs Peers

How does 1YM's PE Ratio compare to its peers?

The above table shows the PE ratio for 1YM 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	17.9x
TGHN Logwin	10.2x	-7.4%	€719.8m
MLL Müller - Die lila Logistik	5.4x	n/a	€44.6m
DHL Deutsche Post	12.7x	9.0%	€40.8b
HHFA Hamburger Hafen und Logistik	43.4x	55.0%	€1.4b
1YM AZ-COM MARUWA Holdings	18.2x	16.5%	€135.2b

Price-To-Earnings vs Peers: 1YM is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the peer average (17.9x).

Price to Earnings Ratio vs Industry

How does 1YM's PE Ratio compare vs other companies in the European Logistics Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 1YM is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the European Logistics industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is 1YM'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.

1YM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18.2x
Fair PE Ratio	11.9x

Price-To-Earnings vs Fair Ratio: 1YM is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the estimated Fair Price-To-Earnings Ratio (11.9x).

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 1YM forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	€6.05	€7.67 +26.8%	2.4%	€7.85	€7.49	n/a	2
Nov ’25	€6.10	€7.78 +27.6%	2.4%	€7.97	€7.60	n/a	2
Oct ’25	€6.95	€9.30 +33.9%	13.2%	€10.65	€7.67	n/a	3
Sep ’25	€6.80	€9.30 +36.8%	13.2%	€10.65	€7.67	n/a	3
Aug ’25	€7.60	€9.06 +19.3%	12.3%	€10.30	€7.61	n/a	3
Jul ’25	€6.60	€9.62 +45.7%	18.9%	€12.04	€7.67	n/a	3
Jun ’25	€6.85	€9.22 +34.6%	18.1%	€11.96	€7.62	n/a	4
May ’25	€7.05	€9.57 +35.7%	17.0%	€12.22	€7.79	n/a	4
Apr ’25	€8.05	€10.16 +26.2%	12.9%	€12.39	€9.11	n/a	4
Mar ’25	€8.90	€10.49 +17.9%	13.7%	€12.49	€9.19	n/a	3
Feb ’25	€9.20	€10.64 +15.6%	15.9%	€12.92	€8.86	n/a	3
Jan ’25	€9.45	€11.68 +23.6%	12.1%	€13.09	€10.27	n/a	2
Dec ’24	€8.95	€11.56 +29.1%	13.3%	€13.54	€9.80	n/a	3
Nov ’24	€12.50	€12.30 -1.6%	13.8%	€14.98	€10.85	€6.10	4
Oct ’24	€13.10	€12.30 -6.1%	13.8%	€14.98	€10.85	€6.95	4
Sep ’24	€14.00	€12.30 -12.1%	13.8%	€14.98	€10.85	€6.80	4
Aug ’24	€12.00	€12.30 +2.5%	13.8%	€14.98	€10.85	€7.60	4
Jul ’24	€11.90	€12.30 +3.4%	13.8%	€14.98	€10.85	€6.60	4
Jun ’24	€13.50	€12.30 -8.9%	13.8%	€14.98	€10.85	€6.85	4
May ’24	€13.10	€12.60 -3.8%	13.8%	€15.34	€11.10	€7.05	4
Apr ’24	€13.40	€12.60 -6.0%	13.8%	€15.34	€11.10	€8.05	4
Mar ’24	€11.90	€10.72 -9.9%	10.2%	€11.66	€9.19	€8.90	3
Feb ’24	€11.50	€10.72 -6.8%	10.2%	€11.66	€9.19	€9.20	3
Jan ’24	€10.90	€11.33 +3.9%	11.0%	€12.69	€9.32	€9.45	4
Dec ’23	€9.85	€11.33 +15.0%	11.0%	€12.69	€9.32	€8.95	4
Nov ’23	€10.10	€11.33 +12.2%	11.0%	€12.69	€9.32	€12.50	4

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.