Sumco Corporation

TSE:3436 Stock Report

Market Cap: JP¥444.1b

Sumco Valuation

Is 3436 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 3436 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3436 (¥1270) is trading below our estimate of fair value (¥1664.87)

Significantly Below Fair Value: 3436 is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 3436. This is calculated by dividing 3436's market cap by their current earnings.
What is 3436's PE Ratio?
PE Ratio20.9x
EarningsJP¥21.21b
Market CapJP¥444.13b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 3436 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.1x
6728 ULVAC
13.2x18.7%JP¥301.7b
6525 Kokusai Electric
17.6x17.9%JP¥556.9b
7729 Tokyo Seimitsu
12.8x9.4%JP¥311.3b
6323 Rorze
12.7x5.6%JP¥324.7b
3436 Sumco
20.9x29.9%JP¥444.1b

Price-To-Earnings vs Peers: 3436 is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the peer average (14.1x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
3856 Abalance
1.5xn/aUS$95.14m
No more companies available in this PE range
3436 20.9xIndustry Avg. 13.9xNo. of Companies7PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3436 is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the JP Semiconductor industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is 3436'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.

3436 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.9x
Fair PE Ratio22.3x

Price-To-Earnings vs Fair Ratio: 3436 is good value based on its Price-To-Earnings Ratio (20.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.3x).

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¥1,270.00
JP¥2,038.33
+60.5%
24.9%JP¥3,270.00JP¥1,400.00n/a18
Nov ’25JP¥1,435.00
JP¥2,170.56
+51.3%
22.9%JP¥3,270.00JP¥1,400.00n/a18
Oct ’25JP¥1,591.50
JP¥2,232.35
+40.3%
23.5%JP¥3,270.00JP¥1,400.00n/a17
Sep ’25JP¥1,669.00
JP¥2,301.76
+37.9%
21.2%JP¥3,270.00JP¥1,650.00n/a17
Aug ’25JP¥2,439.00
JP¥2,745.00
+12.5%
13.4%JP¥3,270.00JP¥1,940.00n/a17
Jul ’25JP¥2,341.50
JP¥2,699.71
+15.3%
14.6%JP¥3,270.00JP¥1,940.00n/a17
Jun ’25JP¥2,358.00
JP¥2,696.76
+14.4%
14.8%JP¥3,270.00JP¥1,940.00n/a17
May ’25JP¥2,372.00
JP¥2,614.41
+10.2%
14.3%JP¥3,175.00JP¥1,940.00n/a17
Apr ’25JP¥2,363.00
JP¥2,563.82
+8.5%
14.4%JP¥3,100.00JP¥1,940.00n/a17
Mar ’25JP¥2,400.50
JP¥2,484.41
+3.5%
13.6%JP¥3,000.00JP¥1,940.00n/a17
Feb ’25JP¥2,223.00
JP¥2,415.00
+8.6%
12.5%JP¥3,000.00JP¥1,940.00n/a17
Jan ’25JP¥2,114.50
JP¥2,327.19
+10.1%
11.6%JP¥2,815.00JP¥1,830.00n/a16
Dec ’24JP¥2,176.50
JP¥2,262.50
+4.0%
11.3%JP¥2,815.00JP¥1,830.00n/a18
Nov ’24JP¥1,978.50
JP¥2,221.94
+12.3%
11.4%JP¥2,815.00JP¥1,750.00JP¥1,435.0018
Oct ’24JP¥1,949.00
JP¥2,221.11
+14.0%
11.4%JP¥2,800.00JP¥1,750.00JP¥1,591.5018
Sep ’24JP¥1,955.00
JP¥2,231.11
+14.1%
11.2%JP¥2,800.00JP¥1,750.00JP¥1,669.0018
Aug ’24JP¥2,089.00
JP¥2,235.56
+7.0%
10.9%JP¥2,800.00JP¥1,750.00JP¥2,439.0018
Jul ’24JP¥2,028.00
JP¥2,287.22
+12.8%
20.0%JP¥4,000.00JP¥1,750.00JP¥2,341.5018
Jun ’24JP¥2,011.00
JP¥2,297.65
+14.3%
21.4%JP¥4,000.00JP¥1,700.00JP¥2,358.0017
May ’24JP¥1,894.00
JP¥2,318.82
+22.4%
22.3%JP¥4,000.00JP¥1,700.00JP¥2,372.0017
Apr ’24JP¥1,981.00
JP¥2,322.35
+17.2%
22.3%JP¥4,000.00JP¥1,700.00JP¥2,363.0017
Mar ’24JP¥1,902.00
JP¥2,367.50
+24.5%
22.7%JP¥4,000.00JP¥1,700.00JP¥2,400.5016
Feb ’24JP¥1,945.00
JP¥2,496.25
+28.3%
22.7%JP¥4,000.00JP¥1,800.00JP¥2,223.0016
Jan ’24JP¥1,757.00
JP¥2,586.88
+47.2%
25.4%JP¥4,000.00JP¥1,900.00JP¥2,114.5016
Dec ’23JP¥2,073.00
JP¥2,605.00
+25.7%
25.8%JP¥4,000.00JP¥1,950.00JP¥2,176.5016
Nov ’23JP¥1,904.00
JP¥2,542.35
+33.5%
26.5%JP¥4,000.00JP¥1,800.00JP¥1,978.5017

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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