CSS HoldingsLtd Valuation

Q: What is the Fair Price of 2304 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2304 (¥769) is trading below our estimate of [[fair value]] (¥3607.16)

Is 2304 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 2304 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2304 (¥769) is trading below our estimate of fair value (¥3607.16)

Significantly Below Fair Value: 2304 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2304?

Key metric: As 2304 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2304. This is calculated by dividing 2304's market cap by their current earnings.
What is 2304's PE Ratio?
PE Ratio	9x
Earnings	JP¥429.00m
Market Cap	JP¥3.88b

2304 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.2x
Enterprise Value/EBITDA	5.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 2304's PE Ratio compare to its peers?

The above table shows the PE ratio for 2304 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	25.4x
4351 Yamada Servicer Synthetic OfficeLtd	78.5x	n/a	JP¥3.9b
1418 Interlife Holdings	7x	n/a	JP¥4.5b
9366 Sanritsu	9.5x	n/a	JP¥4.4b
2162 nms Holdings	6.5x	n/a	JP¥5.2b
2304 CSS HoldingsLtd	9x	n/a	JP¥3.9b

Price-To-Earnings vs Peers: 2304 is good value based on its Price-To-Earnings Ratio (9x) compared to the peer average (25.4x).

Price to Earnings Ratio vs Industry

How does 2304's PE Ratio compare vs other companies in the JP Commercial Services Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
7997 Kurogane Kosakusho	1.3x	n/a	US$8.15m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 2304 is good value based on its Price-To-Earnings Ratio (9x) compared to the JP Commercial Services industry average (12.3x).

Price to Earnings Ratio vs Fair Ratio

What is 2304'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.

2304 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2304's Price-To-Earnings Fair Ratio for valuation analysis.

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.