Sojitz Corporation

TSE:2768 Stock Report

Market Cap: JP¥668.6b

Sojitz Valuation

Is 2768 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 2768 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2768 (¥3100) is trading above our estimate of fair value (¥2292.56)

Significantly Below Fair Value: 2768 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2768?

Key metric: As 2768 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2768. This is calculated by dividing 2768's market cap by their current earnings.
What is 2768's PE Ratio?
PE Ratio6.9x
EarningsJP¥97.14b
Market CapJP¥668.60b

Price to Earnings Ratio vs Peers

How does 2768's PE Ratio compare to its peers?

The above table shows the PE ratio for 2768 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.3x
3064 MonotaRO
50.9x15.7%JP¥1.2t
8012 Nagase
12.6x5.5%JP¥354.1b
8020 Kanematsu
8.7x9.3%JP¥227.4b
9934 Inaba Denki SangyoLtd
13.1xn/aJP¥216.4b
2768 Sojitz
6.9x6.3%JP¥668.6b

Price-To-Earnings vs Peers: 2768 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (21.3x).

Price to Earnings Ratio vs Industry

How does 2768's PE Ratio compare vs other companies in the JP Trade Distributors Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
2768 6.9xIndustry Avg. 9.5xNo. of Companies19PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2768 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the JP Trade Distributors industry average (9.5x).

Price to Earnings Ratio vs Fair Ratio

What is 2768'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.

2768 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio14.8x

Price-To-Earnings vs Fair Ratio: 2768 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (14.8x).

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 2768 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥3,100.00
JP¥3,855.00
+24.4%
11.7%JP¥4,700.00JP¥3,400.00n/a6
Nov ’25JP¥3,090.00
JP¥3,855.00
+24.8%
11.7%JP¥4,700.00JP¥3,400.00n/a6
Oct ’25JP¥3,416.00
JP¥3,990.00
+16.8%
11.3%JP¥4,700.00JP¥3,570.00n/a7
Sep ’25JP¥3,475.00
JP¥4,330.00
+24.6%
8.1%JP¥4,700.00JP¥3,610.00n/a7
Aug ’25JP¥3,483.00
JP¥4,418.57
+26.9%
3.8%JP¥4,700.00JP¥4,200.00n/a7
Jul ’25JP¥3,935.00
JP¥4,368.57
+11.0%
4.0%JP¥4,700.00JP¥4,200.00n/a7
Jun ’25JP¥4,104.00
JP¥4,318.57
+5.2%
5.0%JP¥4,700.00JP¥4,040.00n/a7
May ’25JP¥4,279.00
JP¥4,255.71
-0.5%
4.9%JP¥4,700.00JP¥4,040.00n/a7
Apr ’25JP¥3,901.00
JP¥4,184.29
+7.3%
6.9%JP¥4,700.00JP¥3,700.00n/a7
Mar ’25JP¥3,853.00
JP¥3,987.14
+3.5%
9.9%JP¥4,700.00JP¥3,570.00n/a7
Feb ’25JP¥3,481.00
JP¥3,780.00
+8.6%
7.3%JP¥4,400.00JP¥3,560.00n/a7
Jan ’25JP¥3,185.00
JP¥3,780.00
+18.7%
7.3%JP¥4,400.00JP¥3,560.00n/a7
Dec ’24JP¥3,322.00
JP¥3,642.86
+9.7%
10.1%JP¥4,400.00JP¥3,180.00n/a7
Nov ’24JP¥3,095.00
JP¥3,605.71
+16.5%
10.6%JP¥4,400.00JP¥3,180.00JP¥3,090.007
Oct ’24JP¥3,278.00
JP¥3,605.71
+10.0%
10.6%JP¥4,400.00JP¥3,180.00JP¥3,416.007
Sep ’24JP¥3,172.00
JP¥3,524.29
+11.1%
12.6%JP¥4,400.00JP¥3,000.00JP¥3,475.007
Aug ’24JP¥3,166.00
JP¥3,480.00
+9.9%
12.8%JP¥4,400.00JP¥3,000.00JP¥3,483.007
Jul ’24JP¥3,177.00
JP¥3,182.86
+0.2%
7.4%JP¥3,600.00JP¥2,900.00JP¥3,935.007
Jun ’24JP¥2,799.00
JP¥3,018.57
+7.8%
9.1%JP¥3,400.00JP¥2,650.00JP¥4,104.007
May ’24JP¥2,888.00
JP¥2,940.71
+1.8%
9.5%JP¥3,400.00JP¥2,650.00JP¥4,279.007
Apr ’24JP¥2,763.00
JP¥2,912.14
+5.4%
10.1%JP¥3,400.00JP¥2,650.00JP¥3,901.007
Mar ’24JP¥2,653.00
JP¥2,776.43
+4.7%
8.9%JP¥3,200.00JP¥2,500.00JP¥3,853.007
Feb ’24JP¥2,586.00
JP¥2,735.71
+5.8%
9.9%JP¥3,200.00JP¥2,500.00JP¥3,481.007
Jan ’24JP¥2,513.00
JP¥2,692.86
+7.2%
11.0%JP¥3,200.00JP¥2,400.00JP¥3,185.007
Dec ’23JP¥2,418.00
JP¥2,590.00
+7.1%
8.8%JP¥3,100.00JP¥2,380.00JP¥3,322.007
Nov ’23JP¥2,321.00
JP¥2,555.71
+10.1%
9.4%JP¥3,100.00JP¥2,360.00JP¥3,095.007

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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