Healios K.K.

TSE:4593 Stock Report

Market Cap: JP¥15.3b

Healios K.K Valuation

Is 4593 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 4593 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4593 (¥163) is trading above our estimate of fair value (¥47.19)

Significantly Below Fair Value: 4593 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4593?

Key metric: As 4593 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 4593. This is calculated by dividing 4593's market cap by their current revenue.
What is 4593's PS Ratio?
PS Ratio26.8x
SalesJP¥549.00m
Market CapJP¥15.32b

Price to Sales Ratio vs Peers

How does 4593's PS Ratio compare to its peers?

The above table shows the PS ratio for 4593 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average9.9x
4563 AnGes
26.2xn/aJP¥13.6b
7777 3-D Matrix
2.3xn/aJP¥13.7b
7774 Japan Tissue Engineering
7.4x23.2%JP¥18.0b
4978 ReproCELL
3.6xn/aJP¥9.4b
4593 Healios K.K
26.8x45.0%JP¥15.3b

Price-To-Sales vs Peers: 4593 is expensive based on its Price-To-Sales Ratio (26.8x) compared to the peer average (9.9x).

Price to Sales Ratio vs Industry

How does 4593's PS Ratio compare vs other companies in the JP Biotechs Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
4974 Takara Bio
2.7x5.3%US$768.26m
2929 Pharma Foods International
0.5xn/aUS$178.92m
7777 3-D Matrix
2.3xn/aUS$87.32m
4978 ReproCELL
3.6xn/aUS$59.94m
4593 26.8xIndustry Avg. 20.3xNo. of Companies6PS020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 4593 is expensive based on its Price-To-Sales Ratio (26.8x) compared to the JP Biotechs industry average (20.3x).

Price to Sales Ratio vs Fair Ratio

What is 4593'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.

4593 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio26.8x
Fair PS Ratio7.8x

Price-To-Sales vs Fair Ratio: 4593 is expensive based on its Price-To-Sales Ratio (26.8x) compared to the estimated Fair Price-To-Sales Ratio (7.8x).

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 4593 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥163.00
JP¥340.00
+108.6%
12.7%JP¥400.00JP¥300.00n/a3
Dec ’25JP¥201.00
JP¥340.00
+69.2%
12.7%JP¥400.00JP¥300.00n/a3
Nov ’25JP¥200.00
JP¥340.00
+70.0%
12.7%JP¥400.00JP¥300.00n/a3
Oct ’25JP¥228.00
JP¥340.00
+49.1%
12.7%JP¥400.00JP¥300.00n/a3
Sep ’25JP¥224.00
JP¥280.00
+25.0%
38.2%JP¥400.00JP¥140.00n/a3
Aug ’25JP¥178.00
JP¥280.00
+57.3%
38.2%JP¥400.00JP¥140.00n/a3
Jul ’25JP¥185.00
JP¥280.00
+51.4%
38.2%JP¥400.00JP¥140.00n/a3
Jun ’25JP¥158.00
JP¥280.00
+77.2%
38.2%JP¥400.00JP¥140.00n/a3
May ’25JP¥148.00
JP¥280.00
+89.2%
38.2%JP¥400.00JP¥140.00n/a3
Apr ’25JP¥167.00
JP¥280.00
+67.7%
38.2%JP¥400.00JP¥140.00n/a3
Mar ’25JP¥135.00
JP¥280.00
+107.4%
38.2%JP¥400.00JP¥140.00n/a3
Feb ’25JP¥134.00
JP¥290.00
+116.4%
32.5%JP¥400.00JP¥170.00n/a3
Jan ’25JP¥165.00
JP¥556.67
+237.4%
82.3%JP¥1,200.00JP¥170.00n/a3
Dec ’24JP¥174.00
JP¥556.67
+219.9%
82.3%JP¥1,200.00JP¥170.00JP¥201.003
Nov ’24JP¥159.00
JP¥556.67
+250.1%
82.3%JP¥1,200.00JP¥170.00JP¥200.003
Oct ’24JP¥237.00
JP¥993.33
+319.1%
52.3%JP¥1,500.00JP¥280.00JP¥228.003
Sep ’24JP¥238.00
JP¥845.00
+255.0%
61.3%JP¥1,500.00JP¥280.00JP¥224.004
Aug ’24JP¥268.00
JP¥756.00
+182.1%
65.6%JP¥1,500.00JP¥280.00JP¥178.005
Jul ’24JP¥273.00
JP¥756.00
+176.9%
65.6%JP¥1,500.00JP¥280.00JP¥185.005
Jun ’24JP¥289.00
JP¥756.00
+161.6%
65.6%JP¥1,500.00JP¥280.00JP¥158.005
May ’24JP¥290.00
JP¥762.00
+162.8%
64.4%JP¥1,500.00JP¥310.00JP¥148.005
Apr ’24JP¥326.00
JP¥762.00
+133.7%
64.4%JP¥1,500.00JP¥310.00JP¥167.005
Mar ’24JP¥318.00
JP¥862.00
+171.1%
75.9%JP¥2,000.00JP¥310.00JP¥135.005
Feb ’24JP¥341.00
JP¥942.00
+176.2%
65.4%JP¥2,000.00JP¥310.00JP¥134.005
Jan ’24JP¥268.00
JP¥942.00
+251.5%
65.4%JP¥2,000.00JP¥310.00JP¥165.005
Dec ’23JP¥286.00
JP¥942.00
+229.4%
65.4%JP¥2,000.00JP¥310.00JP¥174.005

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 12:58
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Healios K.K. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hidemaru YamaguchiCitigroup Inc
Akinori UedaGoldman Sachs
Miyabi YamakitaJefferies LLC