Makino Milling Machine Co., Ltd.

TSE:6135 Stock Report

Market Cap: JP¥271.3b

Makino Milling Machine Valuation

Is 6135 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-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 6135 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
JP¥12.26k
Fair Value
5.3% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: 6135 (¥11600) is trading below our estimate of fair value (¥12255.16)

Significantly Below Fair Value: 6135 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6135?

Key metric: As 6135 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6135. This is calculated by dividing 6135's market cap by their current earnings.
What is 6135's PE Ratio?
PE Ratio19.3x
EarningsJP¥14.09b
Market CapJP¥271.31b

Price to Earnings Ratio vs Peers

How does 6135's PE Ratio compare to its peers?

The above table shows the PE ratio for 6135 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.7x
6141 DMG Mori
14.3x22.7%JP¥355.7b
6103 Okuma
15x12.1%JP¥212.7b
6371 Tsubakimoto Chain
9.2x-2.6%JP¥196.6b
6268 Nabtesco
48.4x23.9%JP¥334.7b
6135 Makino Milling Machine
19.3x10.4%JP¥271.3b

Price-To-Earnings vs Peers: 6135 is good value based on its Price-To-Earnings Ratio (19.3x) compared to the peer average (21.7x).

Price to Earnings Ratio vs Industry

How does 6135'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
6135 19.3xIndustry Avg. 12.2xNo. of Companies40PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6135 is expensive based on its Price-To-Earnings Ratio (19.3x) compared to the JP Machinery industry average (12.2x).

Price to Earnings Ratio vs Fair Ratio

What is 6135'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.

6135 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.3x
Fair PE Ratio15.4x

Price-To-Earnings vs Fair Ratio: 6135 is expensive based on its Price-To-Earnings Ratio (19.3x) compared to the estimated Fair Price-To-Earnings Ratio (15.4x).

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 6135 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥11,600.00
JP¥9,300.00
-19.8%
20.2%JP¥11,600.00JP¥7,000.00n/a3
Jan ’26JP¥10,750.00
JP¥8,000.00
-25.6%
12.0%JP¥9,300.00JP¥7,000.00n/a3
Dec ’25JP¥6,620.00
JP¥6,200.00
-6.3%
12.9%JP¥7,000.00JP¥5,400.00n/a2
Nov ’25JP¥6,300.00
JP¥6,200.00
-1.6%
12.9%JP¥7,000.00JP¥5,400.00n/a2
Oct ’25JP¥6,050.00
JP¥6,200.00
+2.5%
12.9%JP¥7,000.00JP¥5,400.00n/a2
Sep ’25JP¥5,840.00
JP¥6,650.00
+13.9%
5.3%JP¥7,000.00JP¥6,300.00n/a2
Aug ’25JP¥6,040.00
JP¥6,133.33
+1.5%
12.8%JP¥7,000.00JP¥5,100.00n/a3
Jul ’25JP¥6,910.00
JP¥6,133.33
-11.2%
12.8%JP¥7,000.00JP¥5,100.00n/a3
Jun ’25JP¥6,700.00
JP¥6,133.33
-8.5%
12.8%JP¥7,000.00JP¥5,100.00n/a3
May ’25JP¥6,220.00
JP¥6,133.33
-1.4%
12.8%JP¥7,000.00JP¥5,100.00n/a3
Apr ’25JP¥6,190.00
JP¥5,800.00
-6.3%
8.8%JP¥6,300.00JP¥5,100.00n/a3
Mar ’25JP¥5,900.00
JP¥5,800.00
-1.7%
8.8%JP¥6,300.00JP¥5,100.00n/a3
Feb ’25JP¥5,880.00
JP¥6,150.00
+4.6%
2.4%JP¥6,300.00JP¥6,000.00JP¥11,600.002
Jan ’25JP¥5,870.00
JP¥6,150.00
+4.8%
2.4%JP¥6,300.00JP¥6,000.00JP¥10,750.002
Dec ’24JP¥5,820.00
JP¥7,100.00
+22.0%
19.0%JP¥9,000.00JP¥6,000.00JP¥6,620.003
Nov ’24JP¥5,680.00
JP¥7,100.00
+25.0%
19.0%JP¥9,000.00JP¥6,000.00JP¥6,300.003
Oct ’24JP¥6,530.00
JP¥6,833.33
+4.6%
23.4%JP¥9,000.00JP¥5,200.00JP¥6,050.003
Sep ’24JP¥6,970.00
JP¥6,400.00
-8.2%
24.9%JP¥9,000.00JP¥5,000.00JP¥5,840.004
Aug ’24JP¥6,390.00
JP¥5,675.00
-11.2%
10.4%JP¥6,400.00JP¥5,000.00JP¥6,040.004
Jul ’24JP¥5,580.00
JP¥5,660.00
+1.4%
10.1%JP¥6,400.00JP¥5,000.00JP¥6,910.005
Jun ’24JP¥5,250.00
JP¥5,600.00
+6.7%
11.8%JP¥6,400.00JP¥4,600.00JP¥6,700.005
May ’24JP¥4,825.00
JP¥5,380.00
+11.5%
8.7%JP¥5,800.00JP¥4,600.00JP¥6,220.005
Apr ’24JP¥4,855.00
JP¥5,320.00
+9.6%
8.0%JP¥5,800.00JP¥4,600.00JP¥6,190.005
Mar ’24JP¥4,990.00
JP¥5,083.33
+1.9%
8.5%JP¥5,800.00JP¥4,600.00JP¥5,900.006
Feb ’24JP¥4,695.00
JP¥5,083.33
+8.3%
8.5%JP¥5,800.00JP¥4,600.00JP¥5,880.006
Analyst Price Target
Consensus Narrative from 3 Analysts
JP¥9.30k
Fair Value
24.7% overvalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 02:13
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Makino Milling Machine Co., Ltd. is covered by 18 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kenjin HottaBofA Global Research
Chika FukumotoCitigroup Inc
null nullCompany Forecast