Sumco Corporation

TSE:3436 Stock Report

Market Cap: JP¥1.1t

Sumco Valuation

Is 3436 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 3436 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 3436 (¥3232) is trading above our estimate of future cash flow value (¥1567.4)

Significantly Below Future Cash Flow Value: 3436 is trading above our estimate of future cash flow value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3436?

Key metric: As 3436 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3436. This is calculated by dividing 3436's market cap by their current revenue.
What is 3436's PS Ratio?
PS Ratio2.8x
SalesJP¥408.60b
Market CapJP¥1.08t

Price to Sales Ratio vs Peers

How does 3436's PS Ratio compare to its peers?

The above table shows the PS ratio for 3436 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.6x
6525 Kokusai Electric
7.2x15.28%JP¥1.6t
7729 Tokyo Seimitsu
4.1x8.01%JP¥665.4b
6323 Rorze
5.2x13.32%JP¥650.7b
6728 ULVAC
1.8x5.77%JP¥452.3b
3436 Sumco
2.8x7.26%JP¥1.1t

Price-To-Sales vs Peers: 3436 is good value based on its Price-To-Sales Ratio (2.8x) compared to the peer average (4.6x).


Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Sales Ratio vs Industry

How does 3436's PS Ratio compare vs other companies in the JP Semiconductor Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
6844 Shindengen Electric ManufacturingLtd
0.3x6.23%US$198.58m
3374 Naigai Tec
0.3xn/aUS$64.98m
3856 Abalance
0.1xn/aUS$60.21m
6228 J.E.T
0.5xn/aUS$46.09m
3436 2.8xIndustry Avg. 3.1xNo. of Companies8PS0246810+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3436 is good value based on its Price-To-Sales Ratio (2.8x) compared to the JP Semiconductor industry average (3.1x).


Price to Sales Ratio vs Fair Ratio

What is 3436'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.

3436 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.8x
Fair PS Ratio2.4x

Price-To-Sales vs Fair Ratio: 3436 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the estimated Fair Price-To-Sales Ratio (2.4x).


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 3436 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥3,232.00
JP¥2,323.13
-28.12%
37.57%JP¥4,200.00JP¥1,300.00n/a16
May ’27JP¥2,533.00
JP¥1,742.50
-31.21%
19.97%JP¥2,270.00JP¥1,050.00n/a16
Apr ’27JP¥1,748.50
JP¥1,742.50
-0.34%
19.97%JP¥2,270.00JP¥1,050.00n/a16
Mar ’27JP¥1,827.50
JP¥1,593.75
-12.79%
17.40%JP¥2,000.00JP¥1,050.00n/a16
Feb ’27JP¥1,614.00
JP¥1,520.00
-5.82%
18.00%JP¥2,000.00JP¥950.00n/a16
Jan ’27JP¥1,435.00
JP¥1,500.00
+4.53%
18.81%JP¥2,000.00JP¥950.00n/a16
Dec ’26JP¥1,254.00
JP¥1,493.13
+19.07%
24.05%JP¥2,100.00JP¥950.00n/a16
Nov ’26JP¥1,577.50
JP¥1,519.69
-3.66%
25.04%JP¥2,100.00JP¥950.00n/a16
Oct ’26JP¥1,522.50
JP¥1,399.69
-8.07%
23.69%JP¥2,100.00JP¥950.00n/a16
Sep ’26JP¥1,207.50
JP¥1,312.19
+8.67%
20.48%JP¥1,780.00JP¥950.00n/a16
Aug ’26JP¥1,164.00
JP¥1,391.88
+19.58%
33.24%JP¥2,900.00JP¥950.00n/a16
Jul ’26JP¥1,105.00
JP¥1,391.88
+25.96%
33.24%JP¥2,900.00JP¥950.00n/a16
Jun ’26JP¥982.70
JP¥1,469.41
+49.53%
32.53%JP¥2,900.00JP¥950.00n/a17
May ’26JP¥987.60
JP¥1,581.18
+60.10%
27.14%JP¥2,900.00JP¥1,100.00JP¥2,533.0017
Apr ’26JP¥1,028.50
JP¥1,604.71
+56.02%
26.78%JP¥2,900.00JP¥1,100.00JP¥1,748.5017
Mar ’26JP¥1,136.00
JP¥1,601.76
+41.00%
26.89%JP¥2,900.00JP¥1,100.00JP¥1,827.5017
Feb ’26JP¥1,157.00
JP¥1,692.94
+46.32%
28.91%JP¥2,900.00JP¥1,100.00JP¥1,614.0017
Jan ’26JP¥1,183.00
JP¥1,954.12
+65.18%
29.21%JP¥3,270.00JP¥1,300.00JP¥1,435.0017
Dec ’25JP¥1,203.00
JP¥1,973.33
+64.03%
27.37%JP¥3,270.00JP¥1,380.00JP¥1,254.0018
Nov ’25JP¥1,435.00
JP¥2,170.56
+51.26%
22.90%JP¥3,270.00JP¥1,400.00JP¥1,577.5018
Oct ’25JP¥1,591.50
JP¥2,232.35
+40.27%
23.45%JP¥3,270.00JP¥1,400.00JP¥1,522.5017
Sep ’25JP¥1,669.00
JP¥2,301.76
+37.91%
21.19%JP¥3,270.00JP¥1,650.00JP¥1,207.5017
Aug ’25JP¥2,439.00
JP¥2,745.00
+12.55%
13.41%JP¥3,270.00JP¥1,940.00JP¥1,164.0017
Jul ’25JP¥2,341.50
JP¥2,699.71
+15.30%
14.61%JP¥3,270.00JP¥1,940.00JP¥1,105.0017
Jun ’25JP¥2,358.00
JP¥2,696.76
+14.37%
14.80%JP¥3,270.00JP¥1,940.00JP¥982.7017
May ’25JP¥2,372.00
JP¥2,614.41
+10.22%
14.25%JP¥3,175.00JP¥1,940.00JP¥987.6017
JP¥2.32k
Fair Value
39.1% overvalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 14:22
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Sumco Corporation is covered by 25 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mikiya YamadaBarclays
Hao DaiBernstein
Stacy RasgonBernstein