Techno Medica Co., Ltd.

TSE:6678 Stock Report

Market Cap: JP¥12.5b

Techno Medica Valuation

Is 6678 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 6678 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6678 (¥1815) is trading below our estimate of fair value (¥9442.65)

Significantly Below Fair Value: 6678 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6678?

Key metric: As 6678 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6678. This is calculated by dividing 6678's market cap by their current earnings.
What is 6678's PE Ratio?
PE Ratio10.5x
EarningsJP¥1.19b
Market CapJP¥12.55b

Price to Earnings Ratio vs Peers

How does 6678's PE Ratio compare to its peers?

The above table shows the PE ratio for 6678 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.4x
7634 Hoshi Iryo-Sanki
9.3xn/aJP¥13.1b
7775 Daiken Medical
13.9x12.5%JP¥14.7b
3446 JTEC
49.6x38.9%JP¥8.3b
7792 Colan Totte.Co.Ltd
8.8xn/aJP¥9.0b
6678 Techno Medica
10.5xn/aJP¥12.5b

Price-To-Earnings vs Peers: 6678 is good value based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (20.4x).


Price to Earnings Ratio vs Industry

How does 6678's PE Ratio compare vs other companies in the JP Medical Equipment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6678 10.5xIndustry Avg. 15.6xNo. of Companies6PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6678 is good value based on its Price-To-Earnings Ratio (10.5x) compared to the JP Medical Equipment industry average (15.7x).


Price to Earnings Ratio vs Fair Ratio

What is 6678'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.

6678 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6678'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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