Medical Net Valuation

Is 3645 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-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 3645 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3645 (¥316) is trading above our estimate of fair value (¥205.74)

Significantly Below Fair Value: 3645 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3645?

Key metric: As 3645 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3645. This is calculated by dividing 3645's market cap by their current revenue.
What is 3645's PS Ratio?
PS Ratio0.5x
SalesJP¥5.51b
Market CapJP¥2.82b

Price to Sales Ratio vs Peers

How does 3645's PS Ratio compare to its peers?

The above table shows the PS ratio for 3645 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.1x
6046 Linkbal
2.7xn/aJP¥2.5b
3970 Innovation
0.6xn/aJP¥3.0b
7069 CyberBuzz
0.4x13.5%JP¥2.8b
3930 Hatena
0.9xn/aJP¥2.7b
3645 Medical Net
0.5xn/aJP¥2.8b

Price-To-Sales vs Peers: 3645 is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.1x).


Price to Sales Ratio vs Industry

How does 3645's PS Ratio compare vs other companies in the JP Interactive Media and Services Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
3491 GA technologies
0.2xn/aUS$282.39m
No more companies available in this PS range
3645 0.5xIndustry Avg. 1.6xNo. of Companies9PS012345+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3645 is good value based on its Price-To-Sales Ratio (0.5x) compared to the JP Interactive Media and Services industry average (1.6x).


Price to Sales Ratio vs Fair Ratio

What is 3645'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.

3645 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3645's Price-To-Sales 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.


Discover undervalued companies