Morito Valuation

Q: What is the Fair Price of 9837 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

9837 (¥1446) is trading below our estimate of [[fair value]] (¥3842.13)

Is 9837 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 9837 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9837 (¥1446) is trading below our estimate of fair value (¥3842.13)

Significantly Below Fair Value: 9837 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9837?

Key metric: As 9837 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9837. This is calculated by dividing 9837's market cap by their current earnings.
What is 9837's PE Ratio?
PE Ratio	15.8x
Earnings	JP¥2.41b
Market Cap	JP¥37.99b

9837 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	5.9x
PEG Ratio	3.3x

Price to Earnings Ratio vs Peers

How does 9837's PE Ratio compare to its peers?

The above table shows the PE ratio for 9837 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	12.9x
3580 KOMATSU MATERELtd	12.1x	n/a	JP¥31.5b
3104 Fujibo Holdings	17.3x	17.8%	JP¥55.7b
7856 Hagihara Industries	12.9x	18.7%	JP¥19.4b
3201 Japan Wool Textile	9.3x	n/a	JP¥88.3b
9837 Morito	15.8x	4.8%	JP¥38.0b

Price-To-Earnings vs Peers: 9837 is expensive based on its Price-To-Earnings Ratio (15.8x) compared to the peer average (12.9x).

Price to Earnings Ratio vs Industry

How does 9837's PE Ratio compare vs other companies in the JP Luxury Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 9837 is expensive based on its Price-To-Earnings Ratio (15.8x) compared to the JP Luxury industry average (15.1x).

Price to Earnings Ratio vs Fair Ratio

What is 9837'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.

9837 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.8x
Fair PE Ratio	10.5x

Price-To-Earnings vs Fair Ratio: 9837 is expensive based on its Price-To-Earnings Ratio (15.8x) compared to the estimated Fair Price-To-Earnings Ratio (10.5x).

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.