Konoike TransportLtd Valuation

Q: What is the Fair Price of 2KT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2KT (€12.5) is trading below our estimate of [[fair value]] (€22.61)

Is 2KT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

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 2KT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2KT (€12.5) is trading below our estimate of fair value (€22.61)

Significantly Below Fair Value: 2KT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2KT?

Key metric: As 2KT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2KT. This is calculated by dividing 2KT's market cap by their current earnings.
What is 2KT's PE Ratio?
PE Ratio	8.8x
Earnings	JP¥15.05b
Market Cap	JP¥133.12b

2KT 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	0.4x
Enterprise Value/EBITDA	4.7x
PEG Ratio	17.9x

Price to Earnings Ratio vs Peers

How does 2KT's PE Ratio compare to its peers?

The above table shows the PE ratio for 2KT 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	17.8x
TGHN Logwin	10.2x	-7.4%	€714.0m
MLL Müller - Die lila Logistik	5.3x	n/a	€44.6m
DHL Deutsche Post	12.5x	9.0%	€40.0b
HHFA Hamburger Hafen und Logistik	43.1x	55.0%	€1.4b
2KT Konoike TransportLtd	8.8x	0.5%	€133.1b

Price-To-Earnings vs Peers: 2KT is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (19.7x).

Price to Earnings Ratio vs Industry

How does 2KT'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: 2KT is good value based on its Price-To-Earnings Ratio (8.8x) compared to the European Logistics industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is 2KT'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.

2KT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.8x
Fair PE Ratio	9x

Price-To-Earnings vs Fair Ratio: 2KT is good value based on its Price-To-Earnings Ratio (8.8x) compared to the estimated Fair Price-To-Earnings Ratio (9x).

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.