Taiheiyo Cement Corporation

TSE:5233 Stock Report

Market Cap: JP¥412.2b

Taiheiyo Cement Valuation

Is 5233 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 5233 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5233 (¥3566) is trading below our estimate of fair value (¥5549.02)

Significantly Below Fair Value: 5233 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5233?

Key metric: As 5233 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 5233. This is calculated by dividing 5233's market cap by their current earnings.
What is 5233's PE Ratio?
PE Ratio6.9x
EarningsJP¥59.85b
Market CapJP¥412.20b

Price to Earnings Ratio vs Peers

How does 5233's PE Ratio compare to its peers?

The above table shows the PE ratio for 5233 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.2x
7821 Maeda Kosen
15.1x3.6%JP¥127.3b
5232 Sumitomo Osaka Cement
10.4x19.4%JP¥108.4b
5273 Mitani Sekisan
11.1xn/aJP¥107.6b
5352 Krosaki Harima
8.1x5.5%JP¥80.5b
5233 Taiheiyo Cement
6.9x5.8%JP¥412.2b

Price-To-Earnings vs Peers: 5233 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (11.2x).

Price to Earnings Ratio vs Industry

How does 5233's PE Ratio compare vs other companies in the JP Basic Materials Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
5233 6.9xIndustry Avg. 8.7xNo. of Companies6PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 5233 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the JP Basic Materials industry average (8.7x).

Price to Earnings Ratio vs Fair Ratio

What is 5233'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.

5233 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio13x

Price-To-Earnings vs Fair Ratio: 5233 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (13x).

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 5233 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥3,566.00
JP¥4,596.67
+28.9%
17.6%JP¥5,600.00JP¥3,050.00n/a6
Nov ’25JP¥3,328.00
JP¥4,541.67
+36.5%
18.2%JP¥5,600.00JP¥3,050.00n/a6
Oct ’25JP¥3,408.00
JP¥4,593.33
+34.8%
16.0%JP¥5,600.00JP¥3,360.00n/a6
Sep ’25JP¥3,315.00
JP¥4,626.67
+39.6%
15.8%JP¥5,600.00JP¥3,360.00n/a6
Aug ’25JP¥3,953.00
JP¥4,676.67
+18.3%
15.2%JP¥5,600.00JP¥3,360.00n/a6
Jul ’25JP¥4,097.00
JP¥4,476.67
+9.3%
15.0%JP¥5,600.00JP¥3,360.00n/a6
Jun ’25JP¥3,916.00
JP¥4,176.67
+6.7%
14.9%JP¥5,000.00JP¥3,360.00n/a6
May ’25JP¥3,605.00
JP¥3,881.67
+7.7%
14.4%JP¥5,000.00JP¥3,360.00n/a6
Apr ’25JP¥3,437.00
JP¥3,881.67
+12.9%
14.4%JP¥5,000.00JP¥3,360.00n/a6
Mar ’25JP¥3,185.00
JP¥3,598.33
+13.0%
4.4%JP¥3,800.00JP¥3,400.00n/a6
Feb ’25JP¥3,041.00
JP¥3,466.67
+14.0%
7.8%JP¥3,800.00JP¥2,950.00n/a6
Jan ’25JP¥2,906.00
JP¥3,466.67
+19.3%
7.8%JP¥3,800.00JP¥2,950.00n/a6
Dec ’24JP¥2,773.50
JP¥3,391.67
+22.3%
6.5%JP¥3,700.00JP¥3,000.00n/a6
Nov ’24JP¥2,595.00
JP¥3,376.67
+30.1%
6.6%JP¥3,700.00JP¥3,000.00JP¥3,328.006
Oct ’24JP¥2,650.00
JP¥3,376.67
+27.4%
6.6%JP¥3,700.00JP¥3,000.00JP¥3,408.006
Sep ’24JP¥2,824.50
JP¥3,383.33
+19.8%
6.5%JP¥3,700.00JP¥3,000.00JP¥3,315.006
Aug ’24JP¥2,993.00
JP¥3,313.33
+10.7%
8.8%JP¥3,700.00JP¥2,880.00JP¥3,953.006
Jul ’24JP¥2,839.50
JP¥3,182.86
+12.1%
13.1%JP¥3,700.00JP¥2,400.00JP¥4,097.007
Jun ’24JP¥2,389.00
JP¥2,903.33
+21.5%
17.1%JP¥3,700.00JP¥2,000.00JP¥3,916.006
May ’24JP¥2,458.00
JP¥2,870.00
+16.8%
15.5%JP¥3,500.00JP¥2,000.00JP¥3,605.006
Apr ’24JP¥2,487.00
JP¥2,870.00
+15.4%
15.5%JP¥3,500.00JP¥2,000.00JP¥3,437.006
Mar ’24JP¥2,511.00
JP¥2,493.33
-0.7%
21.4%JP¥3,500.00JP¥2,000.00JP¥3,185.006
Feb ’24JP¥2,208.00
JP¥2,326.67
+5.4%
12.7%JP¥2,880.00JP¥2,000.00JP¥3,041.006
Jan ’24JP¥2,057.00
JP¥2,301.67
+11.9%
13.0%JP¥2,880.00JP¥2,030.00JP¥2,906.006
Dec ’23JP¥2,154.00
JP¥2,301.67
+6.9%
13.0%JP¥2,880.00JP¥2,030.00JP¥2,773.506
Nov ’23JP¥2,035.00
JP¥2,203.33
+8.3%
6.5%JP¥2,400.00JP¥2,030.00JP¥2,595.006

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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