Shinko Electric Industries Co., Ltd.

TSE:6967 Stock Report

Market Cap: JP¥748.6b

Shinko Electric Industries Valuation

Is 6967 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 6967 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6967 (¥5540) is trading below our estimate of fair value (¥11559.51)

Significantly Below Fair Value: 6967 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6967?

Key metric: As 6967 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6967. This is calculated by dividing 6967's market cap by their current earnings.
What is 6967's PE Ratio?
PE Ratio43.9x
EarningsJP¥17.04b
Market CapJP¥748.55b

Price to Earnings Ratio vs Peers

How does 6967's PE Ratio compare to its peers?

The above table shows the PE ratio for 6967 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.5x
6963 ROHM
29x36.2%JP¥543.8b
6526 Socionext
20.9x11.8%JP¥468.9b
6875 MegaChips
18.5x1.7%JP¥108.4b
6723 Renesas Electronics
13.7x10.2%JP¥3.6t
6967 Shinko Electric Industries
43.9x21.7%JP¥748.6b

Price-To-Earnings vs Peers: 6967 is expensive based on its Price-To-Earnings Ratio (43.9x) compared to the peer average (20.5x).

Price to Earnings Ratio vs Industry

How does 6967's PE Ratio compare vs other companies in the JP Semiconductor Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
3856 Abalance
1.6xn/aUS$75.78m
No more companies available in this PE range
6967 43.9xIndustry Avg. 13.3xNo. of Companies8PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6967 is expensive based on its Price-To-Earnings Ratio (43.9x) compared to the JP Semiconductor industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is 6967'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.

6967 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio43.9x
Fair PE Ratio15.3x

Price-To-Earnings vs Fair Ratio: 6967 is expensive based on its Price-To-Earnings Ratio (43.9x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

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 6967 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥5,540.00
JP¥5,946.67
+7.3%
3.9%JP¥6,400.00JP¥5,600.00n/a6
Dec ’25JP¥5,248.00
JP¥5,946.67
+13.3%
3.9%JP¥6,400.00JP¥5,600.00n/a6
Nov ’25JP¥5,420.00
JP¥5,942.86
+9.6%
3.6%JP¥6,400.00JP¥5,600.00n/a7
Oct ’25JP¥5,515.00
JP¥5,942.86
+7.8%
3.6%JP¥6,400.00JP¥5,600.00n/a7
Sep ’25JP¥5,637.00
JP¥5,942.86
+5.4%
3.6%JP¥6,400.00JP¥5,600.00n/a7
Aug ’25JP¥5,698.00
JP¥5,942.86
+4.3%
3.6%JP¥6,400.00JP¥5,600.00n/a7
Jul ’25JP¥5,638.00
JP¥6,177.78
+9.6%
8.3%JP¥7,400.00JP¥5,600.00n/a9
Jun ’25JP¥5,595.00
JP¥6,242.22
+11.6%
8.3%JP¥7,400.00JP¥5,600.00n/a9
May ’25JP¥5,587.00
JP¥6,242.22
+11.7%
8.3%JP¥7,400.00JP¥5,600.00n/a9
Apr ’25JP¥5,610.00
JP¥6,432.73
+14.7%
8.6%JP¥7,400.00JP¥5,600.00n/a11
Mar ’25JP¥5,485.00
JP¥6,480.00
+18.1%
10.3%JP¥7,400.00JP¥5,100.00n/a10
Feb ’25JP¥5,442.00
JP¥6,480.00
+19.1%
10.3%JP¥7,400.00JP¥5,100.00n/a10
Jan ’25JP¥5,484.00
JP¥6,550.00
+19.4%
11.6%JP¥7,800.00JP¥5,100.00n/a10
Dec ’24JP¥5,456.00
JP¥6,275.00
+15.0%
15.5%JP¥7,800.00JP¥4,000.00JP¥5,248.0016
Nov ’24JP¥5,037.00
JP¥6,356.25
+26.2%
15.6%JP¥7,800.00JP¥4,000.00JP¥5,420.0016
Oct ’24JP¥5,823.00
JP¥6,600.00
+13.3%
15.1%JP¥7,900.00JP¥4,100.00JP¥5,515.0016
Sep ’24JP¥5,959.00
JP¥6,533.33
+9.6%
16.6%JP¥7,900.00JP¥4,100.00JP¥5,637.0018
Aug ’24JP¥5,775.00
JP¥6,411.11
+11.0%
16.4%JP¥7,900.00JP¥4,100.00JP¥5,698.0018
Jul ’24JP¥5,852.00
JP¥5,981.88
+2.2%
22.1%JP¥7,900.00JP¥3,510.00JP¥5,638.0016
Jun ’24JP¥5,540.00
JP¥5,469.38
-1.3%
25.5%JP¥7,900.00JP¥2,700.00JP¥5,595.0016
May ’24JP¥3,965.00
JP¥4,872.14
+22.9%
27.2%JP¥7,900.00JP¥2,700.00JP¥5,587.0014
Apr ’24JP¥4,080.00
JP¥4,907.14
+20.3%
25.0%JP¥7,900.00JP¥2,600.00JP¥5,610.0014
Mar ’24JP¥3,845.00
JP¥5,453.33
+41.8%
25.3%JP¥8,000.00JP¥3,000.00JP¥5,485.0015
Feb ’24JP¥3,735.00
JP¥5,550.00
+48.6%
27.2%JP¥8,000.00JP¥3,000.00JP¥5,442.0014
Jan ’24JP¥3,390.00
JP¥5,542.86
+63.5%
28.7%JP¥8,000.00JP¥2,700.00JP¥5,484.0014
Dec ’23JP¥3,965.00
JP¥5,621.43
+41.8%
28.7%JP¥8,000.00JP¥2,700.00JP¥5,456.0014

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Shinko Electric Industries Co., Ltd. is covered by 26 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Masaru KoshitaBarclays
Yoshitsugu YamamotoBNP Paribas Securities (Asia)
Masashi KubotaBofA Global Research