Tokyo Tatemono Co., Ltd.

TSE:8804 Stock Report

Market Cap: JP¥508.6b

Tokyo Tatemono Valuation

Is 8804 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 8804 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
JP¥1.91k
Fair Value
27.9% overvalued intrinsic discount
9
Number of Analysts

Below Fair Value: 8804 (¥2436) is trading above our estimate of fair value (¥1905.18)

Significantly Below Fair Value: 8804 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8804?

Key metric: As 8804 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8804. This is calculated by dividing 8804's market cap by their current earnings.
What is 8804's PE Ratio?
PE Ratio7.7x
EarningsJP¥65.88b
Market CapJP¥508.58b

Price to Earnings Ratio vs Peers

How does 8804's PE Ratio compare to its peers?

The above table shows the PE ratio for 8804 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.3x
3231 Nomura Real Estate Holdings
8.2x1.7%JP¥717.7b
3289 Tokyu Fudosan Holdings
10.1x7.1%JP¥714.3b
1878 Daito Trust ConstructionLtd
11.3x3.0%JP¥1.0t
8850 Starts
7.8x5.9%JP¥200.2b
8804 Tokyo Tatemono
7.7x-2.7%JP¥508.6b

Price-To-Earnings vs Peers: 8804 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (9.3x).


Price to Earnings Ratio vs Industry

How does 8804's PE Ratio compare vs other companies in the JP Real Estate Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
8804 7.7xIndustry Avg. 10.2xNo. of Companies17PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8804 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the JP Real Estate industry average (10.2x).


Price to Earnings Ratio vs Fair Ratio

What is 8804'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.

8804 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.7x
Fair PE Ratio12.9x

Price-To-Earnings vs Fair Ratio: 8804 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the estimated Fair Price-To-Earnings Ratio (12.9x).


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 8804 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥2,436.00
JP¥2,838.89
+16.5%
8.0%JP¥3,210.00JP¥2,600.00n/a9
Feb ’26JP¥2,404.00
JP¥2,790.00
+16.1%
7.2%JP¥3,200.00JP¥2,600.00n/a9
Jan ’26JP¥2,607.00
JP¥2,786.67
+6.9%
5.8%JP¥3,070.00JP¥2,600.00n/a9
Dec ’25JP¥2,586.50
JP¥2,771.11
+7.1%
6.3%JP¥3,040.00JP¥2,590.00n/a9
Nov ’25JP¥2,501.00
JP¥2,763.33
+10.5%
6.3%JP¥3,040.00JP¥2,590.00n/a9
Oct ’25JP¥2,361.00
JP¥2,763.33
+17.0%
6.3%JP¥3,040.00JP¥2,590.00n/a9
Sep ’25JP¥2,429.50
JP¥2,756.67
+13.5%
5.1%JP¥3,040.00JP¥2,600.00n/a9
Aug ’25JP¥2,439.50
JP¥2,706.67
+11.0%
5.7%JP¥3,010.00JP¥2,430.00n/a9
Jul ’25JP¥2,553.00
JP¥2,740.00
+7.3%
7.2%JP¥3,100.00JP¥2,430.00n/a9
Jun ’25JP¥2,544.00
JP¥2,740.00
+7.7%
7.2%JP¥3,100.00JP¥2,430.00n/a9
May ’25JP¥2,625.50
JP¥2,644.00
+0.7%
6.8%JP¥3,100.00JP¥2,400.00n/a10
Apr ’25JP¥2,543.00
JP¥2,474.00
-2.7%
8.0%JP¥2,700.00JP¥2,100.00n/a10
Mar ’25JP¥2,250.50
JP¥2,372.00
+5.4%
7.7%JP¥2,700.00JP¥2,100.00n/a10
Feb ’25JP¥2,267.50
JP¥2,287.00
+0.9%
8.1%JP¥2,600.00JP¥2,050.00JP¥2,404.0010
Jan ’25JP¥2,112.00
JP¥2,218.89
+5.1%
6.1%JP¥2,490.00JP¥2,050.00JP¥2,607.009
Dec ’24JP¥2,126.00
JP¥2,206.67
+3.8%
5.1%JP¥2,400.00JP¥2,050.00JP¥2,586.509
Nov ’24JP¥2,008.50
JP¥2,126.00
+5.9%
9.5%JP¥2,400.00JP¥1,750.00JP¥2,501.0010
Oct ’24JP¥2,068.00
JP¥2,086.00
+0.9%
8.8%JP¥2,380.00JP¥1,750.00JP¥2,361.0010
Sep ’24JP¥1,963.00
JP¥2,017.00
+2.8%
6.8%JP¥2,230.00JP¥1,750.00JP¥2,429.5010
Aug ’24JP¥1,903.50
JP¥1,968.00
+3.4%
7.9%JP¥2,230.00JP¥1,750.00JP¥2,439.5010
Jul ’24JP¥1,850.50
JP¥1,968.00
+6.3%
7.9%JP¥2,230.00JP¥1,750.00JP¥2,553.0010
Jun ’24JP¥1,757.00
JP¥1,939.00
+10.4%
7.8%JP¥2,230.00JP¥1,750.00JP¥2,544.0010
May ’24JP¥1,709.00
JP¥1,960.00
+14.7%
7.4%JP¥2,230.00JP¥1,750.00JP¥2,625.509
Apr ’24JP¥1,615.00
JP¥2,021.11
+25.1%
5.4%JP¥2,230.00JP¥1,850.00JP¥2,543.009
Mar ’24JP¥1,663.00
JP¥2,066.00
+24.2%
3.3%JP¥2,230.00JP¥2,000.00JP¥2,250.5010
Feb ’24JP¥1,589.00
JP¥2,131.00
+34.1%
5.0%JP¥2,320.00JP¥2,000.00JP¥2,267.5010
Analyst Price Target
Consensus Narrative from 9 Analysts
JP¥2.84k
Fair Value
14.2% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 13:53
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Tokyo Tatemono Co., Ltd. is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takashi HashimotoBarclays
Angus McKinnonBNP Paribas Securities (Asia)
Takumi KasaiBofA Global Research