Mr Max Holdings Valuation

Q: What is the Fair Price of 8203 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8203 (¥664) is trading below our estimate of [[fair value]] (¥1596.09)

Is 8203 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 8203 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8203 (¥664) is trading below our estimate of fair value (¥1596.09)

Significantly Below Fair Value: 8203 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8203?

Key metric: As 8203 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8203. This is calculated by dividing 8203's market cap by their current earnings.
What is 8203's PE Ratio?
PE Ratio	8.2x
Earnings	JP¥2.70b
Market Cap	JP¥21.84b

8203 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.3x
Enterprise Value/EBITDA	6.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 8203's PE Ratio compare to its peers?

The above table shows the PE ratio for 8203 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	24x
3031 RACCOON HOLDINGS	42.1x	27.1%	JP¥14.8b
3093 Treasure FactoryLTD	12.2x	14.2%	JP¥29.8b
3328 BEENOS	31.5x	17.4%	JP¥41.6b
2735 Watts	10x	n/a	JP¥9.1b
8203 Mr Max Holdings	8.2x	n/a	JP¥21.8b

Price-To-Earnings vs Peers: 8203 is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (24x).

Price to Earnings Ratio vs Industry

How does 8203's PE Ratio compare vs other companies in the JP Multiline Retail Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 8203 is good value based on its Price-To-Earnings Ratio (8.2x) compared to the JP Multiline Retail industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is 8203'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.

8203 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8203'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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