Stanley Electric Co., Ltd.

TSE:6923 Stock Report

Market Cap: JP¥402.5b

Stanley Electric Valuation

Is 6923 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 6923 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6923 (¥2592) is trading below our estimate of fair value (¥3425.85)

Significantly Below Fair Value: 6923 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6923?

Key metric: As 6923 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6923. This is calculated by dividing 6923's market cap by their current earnings.
What is 6923's PE Ratio?
PE Ratio13.5x
EarningsJP¥29.86b
Market CapJP¥402.45b

Price to Earnings Ratio vs Peers

How does 6923's PE Ratio compare to its peers?

The above table shows the PE ratio for 6923 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.3x
5991 NHK Spring
8.4x1.6%JP¥389.9b
7988 Nifco
21.6x21.8%JP¥352.1b
6473 JTEKT
15.8x30.6%JP¥368.2b
7240 NOK
11.3x5.1%JP¥373.8b
6923 Stanley Electric
13.5x12.0%JP¥402.5b

Price-To-Earnings vs Peers: 6923 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (14.3x).

Price to Earnings Ratio vs Industry

How does 6923's PE Ratio compare vs other companies in the JP Auto Components Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6923 13.5xIndustry Avg. 9.0xNo. of Companies15PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6923 is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the JP Auto Components industry average (9x).

Price to Earnings Ratio vs Fair Ratio

What is 6923'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.

6923 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ratio9.5x

Price-To-Earnings vs Fair Ratio: 6923 is expensive based on its Price-To-Earnings Ratio (13.5x) compared to the estimated Fair Price-To-Earnings Ratio (9.5x).

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 6923 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥2,592.00
JP¥3,362.73
+29.7%
4.9%JP¥3,600.00JP¥3,100.00n/a11
Nov ’25JP¥2,587.50
JP¥3,362.73
+30.0%
4.9%JP¥3,600.00JP¥3,100.00n/a11
Oct ’25JP¥2,682.00
JP¥3,377.78
+25.9%
3.9%JP¥3,600.00JP¥3,200.00n/a9
Sep ’25JP¥2,786.50
JP¥3,438.89
+23.4%
6.3%JP¥3,900.00JP¥3,200.00n/a9
Aug ’25JP¥2,831.00
JP¥3,450.00
+21.9%
6.0%JP¥3,900.00JP¥3,200.00n/a9
Jul ’25JP¥2,879.50
JP¥3,416.67
+18.7%
6.4%JP¥3,900.00JP¥3,200.00n/a9
Jun ’25JP¥2,885.50
JP¥3,333.33
+15.5%
7.6%JP¥3,800.00JP¥2,900.00n/a9
May ’25JP¥2,809.00
JP¥3,333.33
+18.7%
7.6%JP¥3,800.00JP¥2,900.00n/a9
Apr ’25JP¥2,772.50
JP¥3,342.86
+20.6%
8.6%JP¥3,800.00JP¥2,900.00n/a7
Mar ’25JP¥2,595.00
JP¥3,228.57
+24.4%
12.8%JP¥3,800.00JP¥2,600.00n/a7
Feb ’25JP¥2,769.00
JP¥3,225.00
+16.5%
12.0%JP¥3,800.00JP¥2,600.00n/a8
Jan ’25JP¥2,653.00
JP¥3,181.25
+19.9%
10.5%JP¥3,500.00JP¥2,600.00n/a8
Dec ’24JP¥2,700.00
JP¥3,172.22
+17.5%
12.1%JP¥3,500.00JP¥2,400.00n/a9
Nov ’24JP¥2,696.00
JP¥2,972.22
+10.2%
17.3%JP¥3,500.00JP¥2,100.00JP¥2,587.509
Oct ’24JP¥2,362.50
JP¥3,027.78
+28.2%
17.5%JP¥3,600.00JP¥2,200.00JP¥2,682.009
Sep ’24JP¥2,549.00
JP¥3,205.56
+25.8%
12.1%JP¥3,600.00JP¥2,300.00JP¥2,786.509
Aug ’24JP¥2,616.00
JP¥3,344.44
+27.8%
8.4%JP¥3,750.00JP¥2,800.00JP¥2,831.009
Jul ’24JP¥2,901.00
JP¥3,394.44
+17.0%
7.5%JP¥3,750.00JP¥2,800.00JP¥2,879.509
Jun ’24JP¥2,800.00
JP¥3,333.33
+19.0%
6.7%JP¥3,600.00JP¥2,800.00JP¥2,885.509
May ’24JP¥3,025.00
JP¥3,283.33
+8.5%
6.7%JP¥3,500.00JP¥2,800.00JP¥2,809.009
Apr ’24JP¥2,931.00
JP¥3,233.33
+10.3%
6.6%JP¥3,500.00JP¥2,800.00JP¥2,772.509
Mar ’24JP¥2,880.00
JP¥3,243.75
+12.6%
7.5%JP¥3,500.00JP¥2,700.00JP¥2,595.008
Feb ’24JP¥2,780.00
JP¥3,306.25
+18.9%
7.9%JP¥3,600.00JP¥2,700.00JP¥2,769.008
Jan ’24JP¥2,529.00
JP¥3,314.29
+31.1%
7.5%JP¥3,600.00JP¥2,750.00JP¥2,653.007
Dec ’23JP¥2,828.00
JP¥3,271.43
+15.7%
7.8%JP¥3,600.00JP¥2,750.00JP¥2,700.007
Nov ’23JP¥2,651.00
JP¥3,121.43
+17.7%
10.1%JP¥3,400.00JP¥2,600.00JP¥2,696.007

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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