Daio Paper Valuation
Is 3880 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of 3880 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3880 (¥1122) is trading below our estimate of fair value (¥1252.58)
Significantly Below Fair Value: 3880 is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3880?
Other financial metrics that can be useful for relative valuation.
| What is 3880's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | JP¥186.66b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 9.8x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 3880's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.4x | ||
3863 Nippon Paper Industries | 0.1x | 0.5% | JP¥126.0b |
3865 Hokuetsu | 0.7x | -0.5% | JP¥223.6b |
3861 Oji Holdings | 0.4x | 2.9% | JP¥627.2b |
3708 Tokushu Tokai Paper | 0.5x | n/a | JP¥44.1b |
3880 Daio Paper | 0.3x | 0.02% | JP¥186.7b |
Price-To-Sales vs Peers: 3880 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.4x).
Price to Earnings Ratio vs Industry
How does 3880's PE Ratio compare vs other companies in the Asian Forestry Industry?
Price-To-Sales vs Industry: 3880 is good value based on its Price-To-Sales Ratio (0.3x) compared to the Asian Forestry industry average (0.9x).
Price to Sales Ratio vs Fair Ratio
What is 3880's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.3x |
| Fair PS Ratio | 0.5x |
Price-To-Sales vs Fair Ratio: 3880 is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | JP¥1,122.00 | JP¥1,325.00 +18.1% | 1.9% | JP¥1,350.00 | JP¥1,300.00 | n/a | 2 |
| Apr ’25 | JP¥1,165.00 | JP¥1,325.00 +13.7% | 1.9% | JP¥1,350.00 | JP¥1,300.00 | n/a | 2 |
| Mar ’25 | JP¥1,114.00 | JP¥1,255.00 +12.7% | 7.6% | JP¥1,350.00 | JP¥1,160.00 | n/a | 2 |
| Feb ’25 | JP¥1,129.50 | JP¥1,205.00 +6.7% | 3.7% | JP¥1,250.00 | JP¥1,160.00 | n/a | 2 |
| Jan ’25 | JP¥1,123.00 | JP¥1,166.67 +3.9% | 5.6% | JP¥1,250.00 | JP¥1,090.00 | n/a | 3 |
| Dec ’24 | JP¥1,056.50 | JP¥1,343.33 +27.1% | 5.8% | JP¥1,440.00 | JP¥1,250.00 | n/a | 3 |
| Nov ’24 | JP¥1,243.50 | JP¥1,426.67 +14.7% | 4.6% | JP¥1,500.00 | JP¥1,340.00 | n/a | 3 |
| Oct ’24 | JP¥1,224.00 | JP¥1,426.67 +16.6% | 4.6% | JP¥1,500.00 | JP¥1,340.00 | n/a | 3 |
| Sep ’24 | JP¥1,260.50 | JP¥1,260.00 -0.04% | 13.7% | JP¥1,500.00 | JP¥1,100.00 | n/a | 3 |
| Aug ’24 | JP¥1,203.00 | JP¥1,160.00 -3.6% | 3.7% | JP¥1,200.00 | JP¥1,100.00 | n/a | 3 |
| Jul ’24 | JP¥1,130.50 | JP¥1,145.00 +1.3% | 4.0% | JP¥1,200.00 | JP¥1,100.00 | n/a | 4 |
| Jun ’24 | JP¥1,044.00 | JP¥1,075.00 +3.0% | 10.1% | JP¥1,200.00 | JP¥900.00 | n/a | 4 |
| May ’24 | JP¥1,115.00 | JP¥1,075.00 -3.6% | 10.1% | JP¥1,200.00 | JP¥900.00 | n/a | 4 |
| Apr ’24 | JP¥1,034.00 | JP¥1,137.50 +10.0% | 14.4% | JP¥1,350.00 | JP¥900.00 | JP¥1,165.00 | 4 |
| Mar ’24 | JP¥1,070.00 | JP¥1,222.50 +14.3% | 17.2% | JP¥1,500.00 | JP¥1,000.00 | JP¥1,114.00 | 4 |
| Feb ’24 | JP¥994.00 | JP¥1,222.50 +23.0% | 17.2% | JP¥1,500.00 | JP¥1,000.00 | JP¥1,129.50 | 4 |
| Jan ’24 | JP¥1,012.00 | JP¥1,340.00 +32.4% | 15.4% | JP¥1,510.00 | JP¥1,000.00 | JP¥1,123.00 | 4 |
| Dec ’23 | JP¥1,060.00 | JP¥1,365.00 +28.8% | 12.1% | JP¥1,510.00 | JP¥1,100.00 | JP¥1,056.50 | 4 |
| Nov ’23 | JP¥1,090.00 | JP¥1,365.00 +25.2% | 12.1% | JP¥1,510.00 | JP¥1,100.00 | JP¥1,243.50 | 4 |
| Oct ’23 | JP¥1,160.00 | JP¥1,365.00 +17.7% | 12.1% | JP¥1,510.00 | JP¥1,100.00 | JP¥1,224.00 | 4 |
| Sep ’23 | JP¥1,299.00 | JP¥1,655.00 +27.4% | 14.9% | JP¥2,000.00 | JP¥1,350.00 | JP¥1,260.50 | 4 |
| Aug ’23 | JP¥1,456.00 | JP¥1,655.00 +13.7% | 14.9% | JP¥2,000.00 | JP¥1,350.00 | JP¥1,203.00 | 4 |
| Jul ’23 | JP¥1,421.00 | JP¥1,725.00 +21.4% | 13.6% | JP¥2,000.00 | JP¥1,350.00 | JP¥1,130.50 | 4 |
| Jun ’23 | JP¥1,436.00 | JP¥1,810.00 +26.0% | 15.9% | JP¥2,100.00 | JP¥1,350.00 | JP¥1,044.00 | 4 |
| May ’23 | JP¥1,551.00 | JP¥1,997.50 +28.8% | 6.3% | JP¥2,100.00 | JP¥1,790.00 | JP¥1,115.00 | 4 |
| Apr ’23 | JP¥1,581.00 | JP¥2,072.50 +31.1% | 10.6% | JP¥2,400.00 | JP¥1,790.00 | JP¥1,034.00 | 4 |
Analyst Forecast: Target price is less than 20% higher than the current share price.