Hokuhoku Financial Group, Inc.

TSE:8377 Stock Report

Market Cap: JP¥214.8b

Hokuhoku Financial Group Valuation

Is 8377 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 8377 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8377 (¥1750) is trading below our estimate of fair value (¥2887.37)

Significantly Below Fair Value: 8377 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8377?

Key metric: As 8377 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8377. This is calculated by dividing 8377's market cap by their current earnings.
What is 8377's PE Ratio?
PE Ratio8.4x
EarningsJP¥25.56b
Market CapJP¥214.79b

Price to Earnings Ratio vs Peers

How does 8377's PE Ratio compare to its peers?

The above table shows the PE ratio for 8377 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.5x
7327 Daishi Hokuetsu Financial Group
11xn/aJP¥242.8b
8381 San-in Godo BankLtd
9.9xn/aJP¥183.6b
8366 Shiga Bank
13.6xn/aJP¥165.2b
7189 Nishi-Nippon Financial Holdings
11.3x15.2%JP¥278.1b
8377 Hokuhoku Financial Group
8.4x14.5%JP¥214.8b

Price-To-Earnings vs Peers: 8377 is good value based on its Price-To-Earnings Ratio (8.4x) compared to the peer average (11.5x).

Price to Earnings Ratio vs Industry

How does 8377's PE Ratio compare vs other companies in the JP Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
8377 8.4xIndustry Avg. 10.0xNo. of Companies15PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8377 is good value based on its Price-To-Earnings Ratio (8.4x) compared to the JP Banks industry average (10x).

Price to Earnings Ratio vs Fair Ratio

What is 8377'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.

8377 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.4x
Fair PE Ratio12.1x

Price-To-Earnings vs Fair Ratio: 8377 is good value based on its Price-To-Earnings Ratio (8.4x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).

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.

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