Toagosei Valuation
Is 4045 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 4045 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 4045 (¥1520.5) is trading below our estimate of fair value (¥2465.22)
Significantly Below Fair Value: 4045 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 4045?
Key metric: As 4045 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 4045's PE Ratio? | |
|---|---|
| PE Ratio | 11.8x |
| Earnings | JP¥14.51b |
| Market Cap | JP¥169.33b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 5.6x |
| PEG Ratio | 3.5x |
Price to Earnings Ratio vs Peers
How does 4045's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.8x | ||
4041 Nippon Soda | 9.6x | 0.8% | JP¥146.6b |
4208 UBE | 12x | 14.0% | JP¥237.9b |
4099 Shikoku Kasei Holdings | 11.4x | 7.6% | JP¥95.7b |
4202 Daicel | 6.4x | 5.2% | JP¥373.4b |
4045 Toagosei | 11.8x | 3.4% | JP¥169.3b |
Price-To-Earnings vs Peers: 4045 is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (9.8x).
Price to Earnings Ratio vs Industry
How does 4045's PE Ratio compare vs other companies in the JP Chemicals Industry?
| 1 Company | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
4119 Nippon Pigment Holdings | 0.6x | n/a | US$31.27m |
| 1 Company | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: 4045 is good value based on its Price-To-Earnings Ratio (11.8x) compared to the JP Chemicals industry average (12.1x).
Price to Earnings Ratio vs Fair Ratio
What is 4045'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.8x |
| Fair PE Ratio | 10.4x |
Price-To-Earnings vs Fair Ratio: 4045 is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the estimated Fair Price-To-Earnings Ratio (10.4x).
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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