Mynet Valuation

Is 3928 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation 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 3928 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3928 (¥345) is trading below our estimate of fair value (¥406.89)

Significantly Below Fair Value: 3928 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 3928?

Key metric: As 3928 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3928. This is calculated by dividing 3928's market cap by their current earnings.
What is 3928's PE Ratio?
PE Ratio8.2x
EarningsJP¥345.00m
Market CapJP¥2.83b

Price to Earnings Ratio vs Peers

How does 3928's PE Ratio compare to its peers?

The above table shows the PE ratio for 3928 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.7x
9421 NJ Holdings
21.4xn/aJP¥2.5b
3851 Nippon Ichi Software
33xn/aJP¥4.4b
7035 and factoryinc
28xn/aJP¥2.5b
3639 Voltage Incorporation
40.3xn/aJP¥1.5b
3928 Mynet
8.2xn/aJP¥2.8b

Price-To-Earnings vs Peers: 3928 is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (30.7x).


Price to Earnings Ratio vs Industry

How does 3928's PE Ratio compare vs other companies in the JP Entertainment Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
3760 CAVE InteractiveLTD
3.6xn/aUS$41.81m
No more companies available in this PE range
3928 8.2xIndustry Avg. 28.7xNo. of Companies7PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3928 is good value based on its Price-To-Earnings Ratio (8.2x) compared to the JP Entertainment industry average (28.7x).


Price to Earnings Ratio vs Fair Ratio

What is 3928'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.

3928 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3928's Price-To-Earnings 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.


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