Shindengen Electric ManufacturingLtd Valuation

Q: What is the Fair Price of 6844 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

6844 (¥2335) is trading above our estimate of [[fair value]] (¥621.25)

Is 6844 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-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 6844 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6844 (¥2335) is trading above our estimate of fair value (¥621.25)

Significantly Below Fair Value: 6844 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6844?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 6844. This is calculated by dividing 6844's market cap by their current preferred multiple.
What is 6844's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	JP¥24.54b

6844 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	5.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 6844's PS Ratio compare to its peers?

The above table shows the PS ratio for 6844 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	4x
6697 Techpoint	2.2x	n/a	JP¥22.8b
6627 Tera Probe	0.7x	6.7%	JP¥27.4b
6832 AOI Electronics	0.7x	5.0%	JP¥24.2b
6613 QD Laser	12.3x	23.2%	JP¥15.0b
6844 Shindengen Electric ManufacturingLtd	0.2x	5.5%	JP¥24.1b

Price-To-Sales vs Peers: 6844 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (4x).

Price to Earnings Ratio vs Industry

How does 6844's PE Ratio compare vs other companies in the JP Semiconductor Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	15.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	15.4%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: 6844 is good value based on its Price-To-Sales Ratio (0.2x) compared to the JP Semiconductor industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

What is 6844'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.

6844 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	0.7x

Price-To-Sales vs Fair Ratio: 6844 is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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.