Nippon Soda Co., Ltd.

TSE:4041 Stock Report

Market Cap: JP¥146.6b

Nippon Soda Valuation

Is 4041 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 4041 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4041 (¥2683) is trading above our estimate of fair value (¥2186.76)

Significantly Below Fair Value: 4041 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4041?

Key metric: As 4041 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4041. This is calculated by dividing 4041's market cap by their current earnings.
What is 4041's PE Ratio?
PE Ratio9.6x
EarningsJP¥15.42b
Market CapJP¥146.62b

Price to Earnings Ratio vs Peers

How does 4041's PE Ratio compare to its peers?

The above table shows the PE ratio for 4041 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.2x
4045 Toagosei
11.8x3.4%JP¥169.3b
4099 Shikoku Kasei Holdings
11.4x7.6%JP¥95.7b
4208 UBE
12x14.0%JP¥237.9b
4187 Osaka Organic Chemical Industry
17.5x14.7%JP¥58.6b
4041 Nippon Soda
9.6x0.8%JP¥146.6b

Price-To-Earnings vs Peers: 4041 is good value based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (13.2x).

Price to Earnings Ratio vs Industry

How does 4041's PE Ratio compare vs other companies in the JP Chemicals Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
4119 Nippon Pigment Holdings
0.6xn/aUS$31.27m
No more companies available in this PE range
4041 9.6xIndustry Avg. 12.1xNo. of Companies19PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 4041 is good value based on its Price-To-Earnings Ratio (9.6x) compared to the JP Chemicals industry average (12.1x).

Price to Earnings Ratio vs Fair Ratio

What is 4041'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.

4041 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.6x
Fair PE Ratio9.6x

Price-To-Earnings vs Fair Ratio: 4041 is expensive based on its Price-To-Earnings Ratio (9.6x) compared to the estimated Fair Price-To-Earnings Ratio (9.6x).

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 4041 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥2,684.00
JP¥2,625.00
-2.2%
1.0%JP¥2,650.00JP¥2,600.00n/a2
Nov ’25JP¥2,506.00
JP¥2,625.00
+4.7%
1.0%JP¥2,650.00JP¥2,600.00n/a2
Oct ’25JP¥2,526.00
JP¥2,625.00
+3.9%
1.0%JP¥2,650.00JP¥2,600.00n/a2
Sep ’25JP¥2,535.00
JP¥2,625.00
+3.6%
1.0%JP¥2,650.00JP¥2,600.00n/a2
Aug ’25JP¥2,635.00
JP¥2,675.00
+1.5%
0.9%JP¥2,700.00JP¥2,650.00n/a2
Jul ’25JP¥2,635.00
JP¥2,675.00
+1.5%
0.9%JP¥2,700.00JP¥2,650.00n/a2
Jun ’25JP¥2,540.00
JP¥2,925.00
+15.2%
9.4%JP¥3,200.00JP¥2,650.00n/a2
Mar ’25JP¥3,020.00
JP¥2,975.00
-1.5%
7.6%JP¥3,200.00JP¥2,750.00n/a2
Feb ’25JP¥2,845.00
JP¥2,775.00
-2.5%
0.9%JP¥2,800.00JP¥2,750.00n/a2
Jan ’25JP¥2,715.00
JP¥2,775.00
+2.2%
0.9%JP¥2,800.00JP¥2,750.00n/a2
Dec ’24JP¥2,655.00
JP¥2,775.00
+4.5%
0.9%JP¥2,800.00JP¥2,750.00n/a2
Nov ’24JP¥2,735.00
JP¥2,775.00
+1.5%
0.9%JP¥2,800.00JP¥2,750.00JP¥2,506.002
Oct ’24JP¥2,750.00
JP¥2,775.00
+0.9%
0.9%JP¥2,800.00JP¥2,750.00JP¥2,526.002
Sep ’24JP¥2,725.00
JP¥2,775.00
+1.8%
0.9%JP¥2,800.00JP¥2,750.00JP¥2,535.002
Aug ’24JP¥2,690.00
JP¥2,550.00
-5.2%
3.9%JP¥2,650.00JP¥2,450.00JP¥2,635.002
Jul ’24JP¥2,585.00
JP¥2,550.00
-1.4%
3.9%JP¥2,650.00JP¥2,450.00JP¥2,635.002

Analyst Forecast: Target price is lower than the current share price.

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