Lasertec Valuation

Is 6920 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 6920 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6920 (¥40670) is trading above our estimate of fair value (¥14963.95)

Significantly Below Fair Value: 6920 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6920?

Other financial metrics that can be useful for relative valuation.

6920 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/Revenue15.8x
Enterprise Value/EBITDA37.4x
PEG Ratio2.6x

Price to Earnings Ratio vs Peers

How does 6920's PE Ratio compare to its peers?

The above table shows the PE ratio for 6920 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.9x
6857 Advantest
60.5x27.1%JP¥3.8t
6146 Disco
59.8x20.2%JP¥5.0t
7735 SCREEN Holdings
26.2x12.5%JP¥1.6t
3436 Sumco
13.1x8.7%JP¥834.5b
6920 Lasertec
54.8x20.7%JP¥3.7t

Price-To-Earnings vs Peers: 6920 is expensive based on its Price-To-Earnings Ratio (54.8x) compared to the peer average (39.9x).


Price to Earnings Ratio vs Industry

How does 6920's PE Ratio compare vs other companies in the JP Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a19.5%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a19.5%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 6920 is expensive based on its Price-To-Earnings Ratio (54.8x) compared to the JP Semiconductor industry average (21.8x).


Price to Earnings Ratio vs Fair Ratio

What is 6920'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.

6920 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio54.8x
Fair PE Ratio30.9x

Price-To-Earnings vs Fair Ratio: 6920 is expensive based on its Price-To-Earnings Ratio (54.8x) compared to the estimated Fair Price-To-Earnings Ratio (30.9x).


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 6920 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥40,670.00
JP¥39,285.71
-3.4%
17.6%JP¥50,000.00JP¥23,000.00n/a14
Apr ’25JP¥41,000.00
JP¥37,853.57
-7.7%
17.5%JP¥46,600.00JP¥23,000.00n/a14
Mar ’25JP¥40,800.00
JP¥35,717.86
-12.5%
21.1%JP¥46,300.00JP¥22,500.00n/a14
Feb ’25JP¥37,780.00
JP¥33,932.14
-10.2%
20.0%JP¥43,500.00JP¥22,500.00n/a14
Jan ’25JP¥37,170.00
JP¥30,525.00
-17.9%
21.9%JP¥38,800.00JP¥21,000.00n/a12
Dec ’24JP¥34,040.00
JP¥29,446.15
-13.5%
20.5%JP¥38,800.00JP¥21,000.00n/a13
Nov ’24JP¥27,180.00
JP¥26,384.29
-2.9%
17.2%JP¥32,800.00JP¥19,500.00n/a14
Oct ’24JP¥23,270.00
JP¥25,577.14
+9.9%
17.9%JP¥32,500.00JP¥19,000.00n/a14
Sep ’24JP¥22,800.00
JP¥25,991.43
+14.0%
20.0%JP¥35,000.00JP¥19,000.00n/a14
Aug ’24JP¥22,070.00
JP¥25,755.71
+16.7%
19.2%JP¥35,000.00JP¥19,000.00n/a14
Jul ’24JP¥21,575.00
JP¥25,477.50
+18.1%
18.5%JP¥35,000.00JP¥18,500.00n/a14
Jun ’24JP¥22,150.00
JP¥26,530.77
+19.8%
17.9%JP¥35,000.00JP¥19,000.00n/a13
May ’24JP¥17,795.00
JP¥26,300.00
+47.8%
20.8%JP¥36,000.00JP¥15,000.00JP¥39,750.0013
Apr ’24JP¥23,280.00
JP¥27,046.15
+16.2%
19.7%JP¥36,000.00JP¥15,000.00JP¥41,000.0013
Mar ’24JP¥21,870.00
JP¥26,907.69
+23.0%
21.0%JP¥36,000.00JP¥15,000.00JP¥40,800.0013
Feb ’24JP¥22,020.00
JP¥26,116.67
+18.6%
20.4%JP¥33,000.00JP¥15,000.00JP¥37,780.0012
Jan ’24JP¥21,745.00
JP¥24,958.33
+14.8%
22.9%JP¥34,000.00JP¥15,000.00JP¥37,170.0012
Dec ’23JP¥26,450.00
JP¥24,800.00
-6.2%
23.2%JP¥34,000.00JP¥15,000.00JP¥34,040.0012
Nov ’23JP¥21,385.00
JP¥23,334.62
+9.1%
19.1%JP¥32,000.00JP¥15,000.00JP¥27,180.0013
Oct ’23JP¥14,695.00
JP¥23,542.50
+60.2%
19.4%JP¥32,000.00JP¥15,000.00JP¥23,270.0014
Sep ’23JP¥18,790.00
JP¥23,599.64
+25.6%
19.2%JP¥32,000.00JP¥15,000.00JP¥22,800.0014
Aug ’23JP¥18,785.00
JP¥23,193.21
+23.5%
21.2%JP¥33,500.00JP¥16,000.00JP¥22,070.0014
Jul ’23JP¥15,525.00
JP¥23,514.64
+51.5%
19.4%JP¥33,500.00JP¥19,000.00JP¥21,575.0014
Jun ’23JP¥18,535.00
JP¥23,978.93
+29.4%
18.2%JP¥33,500.00JP¥19,000.00JP¥22,150.0014
May ’23JP¥17,715.00
JP¥24,393.21
+37.7%
16.5%JP¥33,500.00JP¥19,800.00JP¥17,795.0014

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


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