Shibaura Machine Co.,Ltd.

TSE:6104 Stock Report

Market Cap: JP¥92.0b

Shibaura MachineLtd Valuation

Is 6104 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 6104 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6104 (¥3785) is trading above our estimate of fair value (¥3609.08)

Significantly Below Fair Value: 6104 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6104?

Key metric: As 6104 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6104. This is calculated by dividing 6104's market cap by their current earnings.
What is 6104's PE Ratio?
PE Ratio7.4x
EarningsJP¥12.16b
Market CapJP¥92.03b

Price to Earnings Ratio vs Peers

How does 6104's PE Ratio compare to its peers?

The above table shows the PE ratio for 6104 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.3x
6351 Tsurumi ManufacturingLtd
11.9xn/aJP¥90.8b
6498 KITZ
8.7x5.1%JP¥96.7b
6420 Fukushima GalileiLtd
8.6x-1.4%JP¥106.0b
6363 Torishima Pump Mfg
11.9x6.9%JP¥65.1b
6104 Shibaura MachineLtd
7.4x-3.6%JP¥92.0b

Price-To-Earnings vs Peers: 6104 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (10.3x).

Price to Earnings Ratio vs Industry

How does 6104's PE Ratio compare vs other companies in the JP Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6104 7.4xIndustry Avg. 12.3xNo. of Companies38PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6104 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the JP Machinery industry average (12.3x).

Price to Earnings Ratio vs Fair Ratio

What is 6104'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.

6104 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ratio9.1x

Price-To-Earnings vs Fair Ratio: 6104 is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (9.1x).

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 6104 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥3,785.00
JP¥3,805.00
+0.5%
0.1%JP¥3,810.00JP¥3,800.00n/a2
Nov ’25JP¥3,725.00
JP¥3,805.00
+2.1%
0.1%JP¥3,810.00JP¥3,800.00n/a2
Oct ’25JP¥3,970.00
JP¥3,805.00
-4.2%
0.1%JP¥3,810.00JP¥3,800.00n/a2
Sep ’25JP¥3,695.00
JP¥3,805.00
+3.0%
0.1%JP¥3,810.00JP¥3,800.00n/a2
Aug ’25JP¥3,635.00
JP¥3,655.00
+0.6%
4.2%JP¥3,810.00JP¥3,500.00n/a2
Jul ’25JP¥3,915.00
JP¥3,655.00
-6.6%
4.2%JP¥3,810.00JP¥3,500.00n/a2
Jun ’25JP¥3,480.00
JP¥3,685.00
+5.9%
5.0%JP¥3,870.00JP¥3,500.00n/a2
May ’25JP¥3,535.00
JP¥3,685.00
+4.2%
5.0%JP¥3,870.00JP¥3,500.00n/a2
Apr ’25JP¥3,595.00
JP¥3,685.00
+2.5%
5.0%JP¥3,870.00JP¥3,500.00n/a2
Mar ’25JP¥3,610.00
JP¥3,935.00
+9.0%
1.7%JP¥4,000.00JP¥3,870.00n/a2
Feb ’25JP¥3,355.00
JP¥5,705.00
+70.0%
29.9%JP¥7,410.00JP¥4,000.00n/a2
Jan ’25JP¥3,460.00
JP¥5,705.00
+64.9%
29.9%JP¥7,410.00JP¥4,000.00n/a2
Dec ’24JP¥3,790.00
JP¥6,205.00
+63.7%
19.4%JP¥7,410.00JP¥5,000.00n/a2
Nov ’24JP¥3,725.00
JP¥5,730.00
+53.8%
12.7%JP¥6,460.00JP¥5,000.00JP¥3,725.002
Oct ’24JP¥4,120.00
JP¥5,730.00
+39.1%
12.7%JP¥6,460.00JP¥5,000.00JP¥3,970.002
Sep ’24JP¥4,265.00
JP¥5,730.00
+34.3%
12.7%JP¥6,460.00JP¥5,000.00JP¥3,695.002
Aug ’24JP¥4,270.00
JP¥5,330.00
+24.8%
21.2%JP¥6,460.00JP¥4,200.00JP¥3,635.002
Apr ’24JP¥3,150.00
JP¥4,185.00
+32.9%
0.4%JP¥4,200.00JP¥4,170.00JP¥3,595.002
Mar ’24JP¥3,150.00
JP¥4,185.00
+32.9%
0.4%JP¥4,200.00JP¥4,170.00JP¥3,610.002
Feb ’24JP¥2,824.00
JP¥3,685.00
+30.5%
14.0%JP¥4,200.00JP¥3,170.00JP¥3,355.002
Jan ’24JP¥2,620.00
JP¥3,685.00
+40.6%
14.0%JP¥4,200.00JP¥3,170.00JP¥3,460.002
Dec ’23JP¥2,713.00
JP¥3,930.00
+44.9%
6.9%JP¥4,200.00JP¥3,660.00JP¥3,790.002
Nov ’23JP¥2,870.00
JP¥3,930.00
+36.9%
6.9%JP¥4,200.00JP¥3,660.00JP¥3,725.002

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

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