J-MAXLtd Valuation

Q: What is the Fair Price of 3422 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

3422 (¥311) is trading above our estimate of [[fair value]] (¥52.3)

Is 3422 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 3422 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3422 (¥311) is trading above our estimate of fair value (¥52.3)

Significantly Below Fair Value: 3422 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3422?

Key metric: As 3422 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3422. This is calculated by dividing 3422's market cap by their current revenue.
What is 3422's PS Ratio?
PS Ratio	0.07x
Sales	JP¥50.97b
Market Cap	JP¥3.56b

3422 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	3.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 3422's PS Ratio compare to its peers?

The above table shows the PS ratio for 3422 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.2x
5994 Fine Sinter	0.09x	n/a	JP¥3.7b
7215 Faltec	0.05x	n/a	JP¥4.0b
7284 Meiwa Industry	0.2x	n/a	JP¥4.1b
7219 HKS	0.3x	n/a	JP¥2.8b
3422 J-MAXLtd	0.07x	n/a	JP¥3.6b

Price-To-Sales vs Peers: 3422 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.2x).

Price to Sales Ratio vs Industry

How does 3422's PS Ratio compare vs other companies in the JP Auto Components Industry?

13 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.3x	3.5%
3422 J-MAXLtd	0.07x	n/a	US$23.07m
7241 Futaba Industrial	0.08x	6.9%	US$374.09m
6444 Sanden	0.09x	n/a	US$109.07m

13 Companies		Estimated Growth	Market Cap
Industry Avg.	0.3x	13.8%
3422 J-MAXLtd	0.07x	n/a	US$23.07m

No more companies

Price-To-Sales vs Industry: 3422 is good value based on its Price-To-Sales Ratio (0.1x) compared to the JP Auto Components industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 3422's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3422 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.07x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3422's Price-To-Sales 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?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Toyota Boshoku

JP¥356.9b

Develops, manufactures, and sells automotive interior systems in Japan, the United States, China, and internationally.

3116

JP¥1,999.00

-0.05%

-28.0%

Toyo Tire

JP¥368.2b

Manufactures and sells tires in Japan, North America, and internationally.

5105

JP¥2,391.50

11.2%

-5.0%

Sanoh Industrial

JP¥25.1b

Manufactures and sells automotive parts worldwide.

6584

JP¥700.00

-1.7%

-24.7%