i-plugInc Valuation

Is 4177 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 4177 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4177 (¥1054) is trading below our estimate of fair value (¥1593.41)

Significantly Below Fair Value: 4177 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4177?

Key metric: As 4177 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 4177. This is calculated by dividing 4177's market cap by their current revenue.
What is 4177's PS Ratio?
PS Ratio	0.9x
Sales	JP¥4.74b
Market Cap	JP¥4.19b

4177 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	0.5x
Enterprise Value/EBITDA	4.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 4177's PS Ratio compare to its peers?

The above table shows the PS ratio for 4177 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.8x
7049 SHIKIGAKU	0.9x	n/a	JP¥4.5b
7080 Sportsfield	1.1x	n/a	JP¥3.9b
9344 Axis Consulting	1x	n/a	JP¥4.8b
6551 Tsunagu Group Holdings	0.3x	n/a	JP¥5.1b
4177 i-plugInc	0.9x	14.0%	JP¥4.2b

Price-To-Sales vs Peers: 4177 is expensive based on its Price-To-Sales Ratio (0.9x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does 4177's PS Ratio compare vs other companies in the JP Professional Services Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
7041 CRG HoldingsLtd	0.1x	n/a	US$15.80m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 4177 is good value based on its Price-To-Sales Ratio (0.9x) compared to the JP Professional Services industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is 4177's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

4177 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.9x
Fair PS Ratio	1.6x

Price-To-Sales vs Fair Ratio: 4177 is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).

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.