Nikon Corporation

TSE:7731 Stock Report

Market Cap: JP¥637.6b

Nikon Valuation

Is 7731 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 7731 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 7731 (¥1820) is trading above our estimate of future cash flow value (¥685.85)

Significantly Below Future Cash Flow Value: 7731 is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 7731?

Key metric: As 7731 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 7731. This is calculated by dividing 7731's market cap by their current revenue.
What is 7731's PS Ratio?
PS Ratio0.9x
SalesJP¥686.52b
Market CapJP¥637.60b

Price to Sales Ratio vs Peers

How does 7731's PS Ratio compare to its peers?

The above table shows the PS ratio for 7731 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1x
6753 Sharp
0.2x-4.68%JP¥467.5b
6952 Casio ComputerLtd
1.3x1.90%JP¥358.3b
6632 JVCKENWOOD
0.5x2.93%JP¥175.5b
7740 TamronLtd
2x4.29%JP¥170.3b
7731 Nikon
0.9x3.22%JP¥637.6b

Price-To-Sales vs Peers: 7731 is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (1x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does 7731's PS Ratio compare vs other companies in the JP Consumer Durables Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
2974 DAIEISANGYOLtd
0.08xn/aUS$19.70m
No more companies available in this PS range
7731 0.9xIndustry Avg. 0.5xNo. of Companies16PS00.40.81.21.62+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 7731 is expensive based on its Price-To-Sales Ratio (0.9x) compared to the JP Consumer Durables industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is 7731'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.

7731 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio1.2x

Price-To-Sales vs Fair Ratio: 7731 is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1.2x).

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 7731 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥1,820.00
JP¥1,605.00
-11.81%
19.90%JP¥2,100.00JP¥1,100.00n/a10
Jan ’27JP¥1,744.00
JP¥1,582.27
-9.27%
17.97%JP¥2,100.00JP¥1,100.00n/a11
Dec ’26JP¥1,855.00
JP¥1,545.91
-16.66%
18.43%JP¥2,100.00JP¥1,100.00n/a11
Nov ’26JP¥1,802.00
JP¥1,473.18
-18.25%
19.05%JP¥2,100.00JP¥1,000.00n/a11
Oct ’26JP¥1,685.00
JP¥1,473.18
-12.57%
19.05%JP¥2,100.00JP¥1,000.00n/a11
Sep ’26JP¥1,700.00
JP¥1,473.18
-13.34%
19.05%JP¥2,100.00JP¥1,000.00n/a11
Aug ’26JP¥1,474.00
JP¥1,432.50
-2.82%
13.63%JP¥1,700.00JP¥1,100.00n/a10
Jul ’26JP¥1,465.00
JP¥1,522.27
+3.91%
17.66%JP¥2,100.00JP¥1,200.00n/a11
Jun ’26JP¥1,459.00
JP¥1,522.27
+4.34%
17.66%JP¥2,100.00JP¥1,200.00n/a11
May ’26JP¥1,378.00
JP¥1,538.00
+11.61%
17.18%JP¥2,100.00JP¥1,200.00n/a10
Apr ’26JP¥1,509.00
JP¥1,572.50
+4.21%
18.06%JP¥2,100.00JP¥1,200.00n/a10
Mar ’26JP¥1,562.50
JP¥1,626.82
+4.12%
18.76%JP¥2,100.00JP¥1,200.00n/a11
Feb ’26JP¥1,670.50
JP¥1,701.82
+1.87%
18.47%JP¥2,100.00JP¥1,200.00JP¥1,940.5011
Jan ’26JP¥1,639.50
JP¥1,720.00
+4.91%
19.85%JP¥2,300.00JP¥1,200.00JP¥1,744.0011
Dec ’25JP¥1,767.50
JP¥1,729.09
-2.17%
19.16%JP¥2,300.00JP¥1,200.00JP¥1,855.0011
Nov ’25JP¥1,800.00
JP¥1,607.78
-10.68%
17.22%JP¥2,000.00JP¥1,200.00JP¥1,802.009
Oct ’25JP¥1,523.00
JP¥1,641.11
+7.76%
16.32%JP¥2,100.00JP¥1,300.00JP¥1,685.009
Sep ’25JP¥1,559.50
JP¥1,730.00
+10.93%
15.75%JP¥2,100.00JP¥1,400.00JP¥1,700.009
Aug ’25JP¥1,688.00
JP¥1,751.67
+3.77%
16.95%JP¥2,185.00JP¥1,400.00JP¥1,474.009
Jul ’25JP¥1,645.50
JP¥1,751.67
+6.45%
16.95%JP¥2,185.00JP¥1,400.00JP¥1,465.009
Jun ’25JP¥1,630.00
JP¥1,736.50
+6.53%
16.43%JP¥2,185.00JP¥1,400.00JP¥1,459.0010
May ’25JP¥1,641.50
JP¥1,680.00
+2.35%
15.32%JP¥2,100.00JP¥1,300.00JP¥1,378.0010
Apr ’25JP¥1,559.00
JP¥1,683.33
+7.98%
17.17%JP¥2,200.00JP¥1,300.00JP¥1,509.009
Mar ’25JP¥1,539.50
JP¥1,683.33
+9.34%
17.17%JP¥2,200.00JP¥1,300.00JP¥1,562.509
Feb ’25JP¥1,447.50
JP¥1,677.78
+15.91%
17.47%JP¥2,200.00JP¥1,300.00JP¥1,670.509
JP¥1.61k
Fair Value
13.4% overvalued intrinsic discount
10
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/06 08:03
End of Day Share Price 2026/02/06 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Nikon Corporation is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masahiro NakanomyoBarclays
Mayako OuchiBofA Global Research
Masahiro ShibanoCitigroup Inc