DAIHEN Corporation

TSE:6622 Stock Report

Market Cap: JP¥172.3b

DAIHEN Valuation

Is 6622 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 6622 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6622 (¥7090) is trading below our estimate of fair value (¥27109.08)

Significantly Below Fair Value: 6622 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6622?

Key metric: As 6622 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6622. This is calculated by dividing 6622's market cap by their current earnings.
What is 6622's PE Ratio?
PE Ratio10.4x
EarningsJP¥16.62b
Market CapJP¥172.32b

Price to Earnings Ratio vs Peers

How does 6622's PE Ratio compare to its peers?

The above table shows the PE ratio for 6622 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.5x
6507 Sinfonia TechnologyLtd
17.7x5.5%JP¥167.6b
6653 Seiko Electric
9.7x4.4%JP¥14.6b
6505 Toyo Denki Seizo K.K
11.7xn/aJP¥10.3b
6503 Mitsubishi Electric
18.9x10.4%JP¥5.4t
6622 DAIHEN
10.4x8.5%JP¥172.3b

Price-To-Earnings vs Peers: 6622 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the peer average (14.5x).

Price to Earnings Ratio vs Industry

How does 6622's PE Ratio compare vs other companies in the JP Electrical Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6622 10.4xIndustry Avg. 11.7xNo. of Companies8PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6622 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the JP Electrical industry average (11.7x).

Price to Earnings Ratio vs Fair Ratio

What is 6622'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.

6622 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.4x
Fair PE Ratio13.9x

Price-To-Earnings vs Fair Ratio: 6622 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the estimated Fair Price-To-Earnings Ratio (13.9x).

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 6622 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥7,120.00
JP¥9,175.00
+28.9%
9.9%JP¥10,500.00JP¥8,000.00n/a4
Nov ’25JP¥6,250.00
JP¥9,175.00
+46.8%
9.9%JP¥10,500.00JP¥8,000.00n/a4
Oct ’25JP¥6,680.00
JP¥9,325.00
+39.6%
10.5%JP¥10,500.00JP¥8,000.00n/a4
Sep ’25JP¥6,600.00
JP¥10,125.00
+53.4%
14.1%JP¥12,000.00JP¥8,000.00n/a4
Aug ’25JP¥7,270.00
JP¥10,025.00
+37.9%
18.4%JP¥12,000.00JP¥7,000.00n/a4
Jul ’25JP¥8,320.00
JP¥9,975.00
+19.9%
18.4%JP¥12,000.00JP¥7,000.00n/a4
Jun ’25JP¥8,370.00
JP¥9,975.00
+19.2%
18.4%JP¥12,000.00JP¥7,000.00n/a4
May ’25JP¥9,580.00
JP¥9,775.00
+2.0%
18.7%JP¥12,000.00JP¥7,000.00n/a4
Apr ’25JP¥9,080.00
JP¥9,700.00
+6.8%
18.6%JP¥12,000.00JP¥7,000.00n/a4
Mar ’25JP¥8,140.00
JP¥7,050.00
-13.4%
11.6%JP¥8,300.00JP¥6,000.00n/a4
Feb ’25JP¥7,070.00
JP¥7,050.00
-0.3%
11.6%JP¥8,300.00JP¥6,000.00n/a4
Jan ’25JP¥6,450.00
JP¥6,633.33
+2.8%
6.8%JP¥7,000.00JP¥6,000.00n/a3
Dec ’24JP¥5,790.00
JP¥6,625.00
+14.4%
9.9%JP¥7,100.00JP¥5,500.00n/a4
Nov ’24JP¥4,820.00
JP¥6,450.00
+33.8%
11.1%JP¥7,100.00JP¥5,300.00JP¥6,250.004
Oct ’24JP¥5,060.00
JP¥6,525.00
+29.0%
9.2%JP¥7,100.00JP¥5,600.00JP¥6,680.004
Sep ’24JP¥5,320.00
JP¥6,500.00
+22.2%
8.8%JP¥7,000.00JP¥5,600.00JP¥6,600.004
Aug ’24JP¥5,580.00
JP¥6,600.00
+18.3%
6.4%JP¥7,000.00JP¥6,000.00JP¥7,270.004
Jul ’24JP¥5,540.00
JP¥6,400.00
+15.5%
5.8%JP¥7,000.00JP¥6,000.00JP¥8,320.004
Jun ’24JP¥5,010.00
JP¥5,575.00
+11.3%
10.4%JP¥6,200.00JP¥4,900.00JP¥8,370.004
May ’24JP¥4,515.00
JP¥5,575.00
+23.5%
10.4%JP¥6,200.00JP¥4,900.00JP¥9,580.004
Apr ’24JP¥4,435.00
JP¥5,800.00
+30.8%
8.2%JP¥6,200.00JP¥5,000.00JP¥9,080.004
Mar ’24JP¥4,355.00
JP¥5,850.00
+34.3%
8.8%JP¥6,300.00JP¥5,000.00JP¥8,140.004
Feb ’24JP¥4,175.00
JP¥5,950.00
+42.5%
9.2%JP¥6,300.00JP¥5,000.00JP¥7,070.004
Jan ’24JP¥3,870.00
JP¥5,975.00
+54.4%
8.5%JP¥6,300.00JP¥5,100.00JP¥6,450.004
Dec ’23JP¥4,120.00
JP¥6,266.67
+52.1%
0.8%JP¥6,300.00JP¥6,200.00JP¥5,790.003
Nov ’23JP¥3,825.00
JP¥6,333.33
+65.6%
2.0%JP¥6,500.00JP¥6,200.00JP¥4,820.003

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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