Shinobu Foods Products Co., Ltd.

TSE:2903 Stock Report

Market Cap: JP¥10.8b

Shinobu Foods Products Valuation

Is 2903 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 2903 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2903 (¥887) is trading below our estimate of fair value (¥1685.5)

Significantly Below Fair Value: 2903 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2903?

Key metric: As 2903 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2903. This is calculated by dividing 2903's market cap by their current earnings.
What is 2903's PE Ratio?
PE Ratio9.6x
EarningsJP¥1.13b
Market CapJP¥10.82b

Price to Earnings Ratio vs Peers

How does 2903's PE Ratio compare to its peers?

The above table shows the PE ratio for 2903 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average53.6x
2224 ComoLtd
63.8xn/aJP¥10.4b
2883 DaireiLtd
18.1xn/aJP¥11.2b
2818 PIETRO
99.1xn/aJP¥12.0b
2877 NittoBest
33.3xn/aJP¥9.5b
2903 Shinobu Foods Products
9.6xn/aJP¥10.8b

Price-To-Earnings vs Peers: 2903 is good value based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (53.6x).

Price to Earnings Ratio vs Industry

How does 2903's PE Ratio compare vs other companies in the JP Food Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
2215 First Baking
1.9xn/aUS$25.92m
No more companies available in this PE range
2903 9.6xIndustry Avg. 15.0xNo. of Companies18PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2903 is good value based on its Price-To-Earnings Ratio (9.6x) compared to the JP Food industry average (15x).

Price to Earnings Ratio vs Fair Ratio

What is 2903'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.

2903 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2903'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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