Ship Healthcare Holdings, Inc.

TSE:3360 Stock Report

Market Cap: JP¥195.0b

Ship Healthcare Holdings Valuation

Is 3360 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 3360 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
JP¥5.33k
Fair Value
62.0% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: 3360 (¥2027) is trading below our estimate of fair value (¥5328.88)

Significantly Below Fair Value: 3360 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3360?

Key metric: As 3360 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3360. This is calculated by dividing 3360's market cap by their current earnings.
What is 3360's PE Ratio?
PE Ratio11.2x
EarningsJP¥17.08b
Market CapJP¥195.02b

Price to Earnings Ratio vs Peers

How does 3360's PE Ratio compare to its peers?

The above table shows the PE ratio for 3360 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.4x
7476 AS ONE
21.1x8.7%JP¥169.5b
8129 Toho Holdings
15.3x4.1%JP¥267.6b
2784 Alfresa Holdings
10.8x0.2%JP¥371.3b
9987 Suzuken
10.4x-1.9%JP¥355.0b
3360 Ship Healthcare Holdings
11.2x7.1%JP¥191.2b

Price-To-Earnings vs Peers: 3360 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the peer average (14.4x).

Price to Earnings Ratio vs Industry

How does 3360's PE Ratio compare vs other companies in the JP Healthcare Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3360 11.2xIndustry Avg. 13.3xNo. of Companies9PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3360 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the JP Healthcare industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is 3360'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.

3360 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.2x
Fair PE Ratio16.4x

Price-To-Earnings vs Fair Ratio: 3360 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).

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 3360 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥2,027.00
JP¥2,966.67
+46.4%
5.6%JP¥3,150.00JP¥2,750.00n/a3
Mar ’26JP¥1,928.50
JP¥2,966.67
+53.8%
5.6%JP¥3,150.00JP¥2,750.00n/a3
Feb ’26JP¥2,121.00
JP¥3,180.00
+49.9%
5.7%JP¥3,430.00JP¥3,000.00n/a3
Jan ’26JP¥2,205.00
JP¥3,180.00
+44.2%
5.7%JP¥3,430.00JP¥3,000.00n/a3
Dec ’25JP¥2,204.00
JP¥2,960.00
+34.3%
13.9%JP¥3,430.00JP¥2,300.00n/a4
Nov ’25JP¥2,292.00
JP¥2,917.50
+27.3%
12.5%JP¥3,220.00JP¥2,300.00n/a4
Oct ’25JP¥2,334.50
JP¥2,917.50
+25.0%
12.5%JP¥3,220.00JP¥2,300.00n/a4
Sep ’25JP¥2,191.50
JP¥2,917.50
+33.1%
12.5%JP¥3,220.00JP¥2,300.00n/a4
Aug ’25JP¥2,222.50
JP¥2,927.50
+31.7%
13.5%JP¥3,400.00JP¥2,300.00n/a4
Jul ’25JP¥2,400.00
JP¥2,927.50
+22.0%
13.5%JP¥3,400.00JP¥2,300.00n/a4
Jun ’25JP¥2,316.50
JP¥2,905.00
+25.4%
13.6%JP¥3,400.00JP¥2,300.00n/a4
May ’25JP¥2,341.50
JP¥2,755.00
+17.7%
12.3%JP¥3,200.00JP¥2,300.00n/a4
Apr ’25JP¥2,074.00
JP¥2,755.00
+32.8%
12.3%JP¥3,200.00JP¥2,300.00n/a4
Mar ’25JP¥2,179.50
JP¥2,717.50
+24.7%
12.0%JP¥3,200.00JP¥2,300.00JP¥1,928.504
Feb ’25JP¥2,253.50
JP¥2,667.50
+18.4%
9.6%JP¥3,000.00JP¥2,300.00JP¥2,121.004
Jan ’25JP¥2,407.50
JP¥2,667.50
+10.8%
9.6%JP¥3,000.00JP¥2,300.00JP¥2,205.004
Dec ’24JP¥2,137.00
JP¥2,667.50
+24.8%
9.6%JP¥3,000.00JP¥2,300.00JP¥2,204.004
Nov ’24JP¥2,352.00
JP¥2,776.67
+18.1%
5.8%JP¥3,000.00JP¥2,630.00JP¥2,292.003
Oct ’24JP¥2,268.50
JP¥2,660.00
+17.3%
1.1%JP¥2,700.00JP¥2,630.00JP¥2,334.503
Sep ’24JP¥2,468.50
JP¥2,660.00
+7.8%
1.1%JP¥2,700.00JP¥2,630.00JP¥2,191.503
Aug ’24JP¥2,304.00
JP¥2,643.33
+14.7%
1.5%JP¥2,700.00JP¥2,610.00JP¥2,222.503
Jul ’24JP¥2,380.00
JP¥2,800.00
+17.6%
9.8%JP¥3,270.00JP¥2,610.00JP¥2,400.004
Jun ’24JP¥2,369.00
JP¥2,960.00
+24.9%
9.2%JP¥3,270.00JP¥2,610.00JP¥2,316.503
May ’24JP¥2,437.00
JP¥2,932.50
+20.3%
8.7%JP¥3,270.00JP¥2,560.00JP¥2,341.504
Apr ’24JP¥2,437.00
JP¥2,932.50
+20.3%
8.7%JP¥3,270.00JP¥2,560.00JP¥2,074.004
Mar ’24JP¥2,397.00
JP¥2,932.50
+22.3%
8.7%JP¥3,270.00JP¥2,560.00JP¥2,179.504
Analyst Price Target
Consensus Narrative from 3 Analysts
JP¥2.97k
Fair Value
31.7% undervalued intrinsic discount
3
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/14 13:56
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

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

Ship Healthcare Holdings, Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ritsuo WatanabeBofA Global Research
Yuki YamazakiDaiwa Securities Co. Ltd.
Hiroyuki TeradaHaitong International Research Limited