eXmotion Valuation

Q: What is the Fair Price of 4394 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

4394 (¥811) is trading above our estimate of [[fair value]] (¥307.8)

Is 4394 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-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 4394 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4394 (¥811) is trading above our estimate of fair value (¥307.8)

Significantly Below Fair Value: 4394 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4394?

Key metric: As 4394 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 4394. This is calculated by dividing 4394's market cap by their current revenue.
What is 4394's PS Ratio?
PS Ratio	2x
Sales	JP¥1.21b
Market Cap	JP¥2.45b

4394 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	1x
Enterprise Value/EBITDA	11x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 4394's PS Ratio compare to its peers?

The above table shows the PS ratio for 4394 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	0.8x
7046 TDSE	1x	n/a	JP¥2.4b
5247 BTM	0.6x	n/a	JP¥2.5b
4421 D. I. System	0.4x	n/a	JP¥2.4b
4173 Wacul.Inc	1.3x	n/a	JP¥2.5b
4394 eXmotion	2x	n/a	JP¥2.4b

Price-To-Sales vs Peers: 4394 is expensive based on its Price-To-Sales Ratio (2x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does 4394's PS Ratio compare vs other companies in the JP IT Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
6025 Japan PC Service	0.2x	n/a	US$7.80m
251A NeuromagicLtd	0.2x	n/a	US$1.37m

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 4394 is expensive based on its Price-To-Sales Ratio (2x) compared to the JP IT industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is 4394'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.

4394 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 4394'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.

Discover undervalued companies

GRCS

JP¥1.9b

Engages in the provision of Governance, Risk, and Compliance (GRC) software, as well as security products in Japan and internationally.

9250

JP¥1,411.00

-1.0%

-20.2%

ID Holdings

JP¥27.0b

Provides information technology (IT) services in Japan.

4709

JP¥1,611.00

-1.2%

6.0%

WingArc1st

JP¥110.2b

Develops and sells software and services in Japan.

4432

JP¥3,195.00

-5.5%

3.2%