Trial Holdings Valuation

Is 141A 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 141A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 141A (¥2998) is trading below our estimate of fair value (¥6411.06)

Significantly Below Fair Value: 141A is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 141A?

Key metric: As 141A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 141A. This is calculated by dividing 141A's market cap by their current earnings.
What is 141A's PE Ratio?
PE Ratio	32.9x
Earnings	JP¥11.13b
Market Cap	JP¥365.60b

141A 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	0.4x
Enterprise Value/EBITDA	10.4x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

How does 141A's PE Ratio compare to its peers?

The above table shows the PE ratio for 141A 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	40.2x
3549 Kusuri No Aoki Holdings	27.5x	13.0%	JP¥351.1b
8267 Aeon	113x	19.6%	JP¥3.0t
3199 WatahanLtd	13.4x	n/a	JP¥31.1b
9890 Makiya	6.9x	n/a	JP¥9.5b
141A Trial Holdings	32.9x	21.3%	JP¥365.6b

Price-To-Earnings vs Peers: 141A is good value based on its Price-To-Earnings Ratio (32.9x) compared to the peer average (40.2x).

Price to Earnings Ratio vs Industry

How does 141A's PE Ratio compare vs other companies in the JP Consumer Retailing 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: 141A is expensive based on its Price-To-Earnings Ratio (32.9x) compared to the JP Consumer Retailing industry average (12.6x).

Price to Earnings Ratio vs Fair Ratio

What is 141A'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.

141A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	32.9x
Fair PE Ratio	26.6x

Price-To-Earnings vs Fair Ratio: 141A is expensive based on its Price-To-Earnings Ratio (32.9x) compared to the estimated Fair Price-To-Earnings Ratio (26.6x).

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 141A forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	JP¥2,998.00	JP¥3,600.00 +20.1%	12.0%	JP¥4,200.00	JP¥3,200.00	n/a	3
Nov ’25	JP¥2,805.00	JP¥3,533.33 +26.0%	9.6%	JP¥4,000.00	JP¥3,200.00	n/a	3
Oct ’25	JP¥3,475.00	JP¥3,533.33 +1.7%	9.6%	JP¥4,000.00	JP¥3,200.00	n/a	3
Sep ’25	JP¥3,375.00	JP¥3,533.33 +4.7%	9.6%	JP¥4,000.00	JP¥3,200.00	n/a	3
Aug ’25	JP¥2,636.00	JP¥3,300.00 +25.2%	3.0%	JP¥3,400.00	JP¥3,200.00	n/a	2
Jul ’25	JP¥2,522.00	JP¥3,300.00 +30.8%	3.0%	JP¥3,400.00	JP¥3,200.00	n/a	2
Jun ’25	JP¥2,463.00	JP¥3,300.00 +34.0%	3.0%	JP¥3,400.00	JP¥3,200.00	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.