Nakamuraya Valuation

Q: What is the Fair Price of 2204 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2204 (¥3185) is trading above our estimate of [[fair value]] (¥1324.1)

Is 2204 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 2204 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2204 (¥3185) is trading above our estimate of fair value (¥1324.1)

Significantly Below Fair Value: 2204 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2204?

Key metric: As 2204 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2204. This is calculated by dividing 2204's market cap by their current earnings.
What is 2204's PE Ratio?
PE Ratio	52x
Earnings	JP¥355.80m
Market Cap	JP¥18.50b

2204 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	0.7x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 2204's PE Ratio compare to its peers?

The above table shows the PE ratio for 2204 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	64.1x
2806 Yutaka Foods	36.3x	n/a	JP¥18.6b
2937 St.Cousair	55.2x	33.3%	JP¥16.3b
250A Shimadaya	8.4x	-3.5%	JP¥21.3b
2812 Yaizu Suisankagaku IndustryLtd	156.7x	n/a	JP¥16.3b
2204 Nakamuraya	52x	n/a	JP¥18.5b

Price-To-Earnings vs Peers: 2204 is good value based on its Price-To-Earnings Ratio (52x) compared to the peer average (64.1x).

Price to Earnings Ratio vs Industry

How does 2204's PE Ratio compare vs other companies in the JP Food Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
2215 First Baking	1.9x	n/a	US$25.80m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 2204 is expensive based on its Price-To-Earnings Ratio (52x) compared to the JP Food industry average (15x).

Price to Earnings Ratio vs Fair Ratio

What is 2204'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.

2204 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	52x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2204'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.

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