EnchoLtd Valuation

Q: What is the Fair Price of 8208 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8208 (¥847) is trading below our estimate of [[fair value]] (¥1623.91)

Is 8208 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-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 8208 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8208 (¥847) is trading below our estimate of fair value (¥1623.91)

Significantly Below Fair Value: 8208 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8208?

Key metric: As 8208 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 8208. This is calculated by dividing 8208's market cap by their current revenue.
What is 8208's PS Ratio?
PS Ratio	0.2x
Sales	JP¥35.17b
Market Cap	JP¥5.79b

8208 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	0.6x
Enterprise Value/EBITDA	22.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 8208's PS Ratio compare to its peers?

The above table shows the PS ratio for 8208 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.4x
7695 Koukandekirukun	0.8x	n/a	JP¥6.1b
3187 miratap	0.5x	6.6%	JP¥7.4b
7636 Handsman	0.3x	n/a	JP¥11.4b
3546 Alleanza Holdings	0.2x	n/a	JP¥32.3b
8208 EnchoLtd	0.2x	n/a	JP¥5.8b

Price-To-Sales vs Peers: 8208 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does 8208's PS Ratio compare vs other companies in the JP Specialty Retail Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
7676 Goodspeed	0.07x	n/a	US$32.54m
7623 Sunautas	0.1x	n/a	US$10.97m
7680 KEIJIDOUSHAKAN.Co.Ltd	0.04x	n/a	US$1.09m
5130 Hiro Holdings	0.07x	n/a	US$1.01m

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 8208 is good value based on its Price-To-Sales Ratio (0.2x) compared to the JP Specialty Retail industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 8208'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.

8208 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 8208'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.

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