MaruwaLtd Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Discounted Cash Flow
Simply Wall St
JP¥27.44k
Fair Value
62.7% overvalued intrinsic discount
5
Number of Analysts

Below Fair Value: MAW (¥44640) is trading above our estimate of fair value (¥27441.52)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MAW. This is calculated by dividing MAW's market cap by their current earnings.
What is MAW's PE Ratio?
PE Ratio35x
EarningsJP¥16.88b
Market CapJP¥587.75b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MAW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.8x
KETL Strix Group
14.8x43.5%UK£106.4m
SOLI Solid State
17.1x-69.2%UK£91.3m
SXS Spectris
9.8x-23.6%UK£2.7b
RSW Renishaw
25.3x11.8%UK£2.5b
MAW MaruwaLtd
35x20.2%JP¥587.8b

Price-To-Earnings vs Peers: MAW is expensive based on its Price-To-Earnings Ratio (35x) compared to the peer average (16.8x).


Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MAW 35.0xIndustry Avg. 19.1xNo. of Companies15PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MAW is expensive based on its Price-To-Earnings Ratio (35x) compared to the European Electronic industry average (19.4x).


Price to Earnings Ratio vs Fair Ratio

What is MAW'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.

MAW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MAW'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?

The above table shows the analyst MAW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
JP¥53,200.00
0%
2.8%JP¥55,000.00JP¥51,000.00n/a5
Jan ’26n/a
JP¥53,200.00
0%
2.8%JP¥55,000.00JP¥51,000.00n/a5
Dec ’25n/a
JP¥46,166.67
0%
22.1%JP¥54,000.00JP¥26,000.00n/a6
Nov ’25n/a
JP¥42,791.67
0%
21.0%JP¥54,000.00JP¥26,000.00n/a6
Oct ’25n/a
JP¥42,958.33
0%
21.3%JP¥53,000.00JP¥26,000.00n/a6
Sep ’25n/a
JP¥42,291.67
0%
20.1%JP¥53,000.00JP¥26,000.00n/a6
Aug ’25n/a
JP¥41,458.33
0%
20.6%JP¥53,000.00JP¥26,000.00n/a6
Jul ’25JP¥38,350.00
JP¥37,150.00
-3.1%
15.2%JP¥41,750.00JP¥26,000.00n/a5
Jun ’25JP¥35,200.00
JP¥36,254.00
+3.0%
14.3%JP¥40,000.00JP¥26,000.00n/a5
May ’25JP¥32,900.00
JP¥35,854.00
+9.0%
14.1%JP¥40,000.00JP¥26,000.00n/a5
Apr ’25n/a
JP¥33,423.33
0%
15.7%JP¥37,270.00JP¥26,000.00n/a3
Mar ’25JP¥34,850.00
JP¥31,635.00
-9.2%
17.8%JP¥37,270.00JP¥26,000.00n/a2
Feb ’25JP¥30,254.25
JP¥29,225.00
-3.4%
11.0%JP¥32,450.00JP¥26,000.00n/a2
Jan ’25n/a
JP¥29,225.00
0%
11.0%JP¥32,450.00JP¥26,000.00n/a2
Dec ’24n/a
JP¥29,225.00
0%
11.0%JP¥32,450.00JP¥26,000.00n/a2
Nov ’24JP¥22,370.00
JP¥27,350.00
+22.3%
4.9%JP¥28,700.00JP¥26,000.00n/a2
Apr ’24JP¥17,700.00
JP¥20,050.00
+13.3%
0.2%JP¥20,100.00JP¥20,000.00n/a2
Mar ’24n/a
JP¥20,050.00
0%
0.2%JP¥20,100.00JP¥20,000.00JP¥34,850.002
Feb ’24JP¥17,000.00
JP¥21,000.00
+23.5%
4.8%JP¥22,000.00JP¥20,000.00JP¥30,254.252
Jan ’24JP¥15,530.00
JP¥21,000.00
+35.2%
4.8%JP¥22,000.00JP¥20,000.00n/a2
Analyst Price Target
Consensus Narrative from 5 Analysts
JP¥49.63k
Fair Value
10.1% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 10:06
End of Day Share Price 2024/12/20 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

Maruwa Co.,Ltd. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Niima KomuraBofA Global Research
null nullDaiwa Securities Co. Ltd.
Takeshi FukuyamaDaiwa Securities Co. Ltd.