Sourcenext Valuation

Is 4344 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 4344 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 4344's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 4344's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4344?

Key metric: As 4344 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 4344. This is calculated by dividing 4344's market cap by their current revenue.
What is 4344's PS Ratio?
PS Ratio	2.2x
Sales	JP¥11.29b
Market Cap	JP¥24.54b

4344 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	2.4x
Enterprise Value/EBITDA	-20.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 4344's PS Ratio compare to its peers?

The above table shows the PS ratio for 4344 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	2.2x
3921 NEOJAPAN	3.7x	n/a	JP¥26.0b
3763 Pro-Ship	2.8x	n/a	JP¥19.6b
4826 Computer Institute of Japan	1x	n/a	JP¥26.5b
3677 System InformationLtd	1.4x	n/a	JP¥21.3b
4344 Sourcenext	2.2x	n/a	JP¥24.5b

Price-To-Sales vs Peers: 4344 is good value based on its Price-To-Sales Ratio (2.2x) compared to the peer average (2.2x).

Price to Sales Ratio vs Industry

How does 4344's PS Ratio compare vs other companies in the JP Software Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
3627 Tecmira Holdings	0.4x	n/a	US$25.10m
3744 SIOS	0.2x	n/a	US$21.89m

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 4344 is expensive based on its Price-To-Sales Ratio (2.2x) compared to the JP Software industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is 4344'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.

4344 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 4344's Price-To-Sales Fair Ratio for valuation analysis.

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.