Hibino Corporation

TSE:2469 Stock Report

Market Cap: JP¥27.1b

Hibino Valuation

Is 2469 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 2469 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2469 (¥2753) is trading below our estimate of fair value (¥6372.99)

Significantly Below Fair Value: 2469 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2469?

Key metric: As 2469 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2469. This is calculated by dividing 2469's market cap by their current earnings.
What is 2469's PE Ratio?
PE Ratio13.2x
EarningsJP¥2.08b
Market CapJP¥27.06b

Price to Earnings Ratio vs Peers

How does 2469's PE Ratio compare to its peers?

The above table shows the PE ratio for 2469 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.2x
7420 Satori Electric
12.5xn/aJP¥26.8b
7609 Daitron
9.2x12.5%JP¥31.0b
8151 TOYO
12.8x7.6%JP¥31.9b
7537 Marubun
6.4x22.5%JP¥27.9b
2469 Hibino
13.2x22.8%JP¥27.1b

Price-To-Earnings vs Peers: 2469 is expensive based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (10.2x).

Price to Earnings Ratio vs Industry

How does 2469's PE Ratio compare vs other companies in the JP Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
2469 13.2xIndustry Avg. 13.3xNo. of Companies21PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2469 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the JP Electronic industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is 2469'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.

2469 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.2x
Fair PE Ratio17x

Price-To-Earnings vs Fair Ratio: 2469 is good value based on its Price-To-Earnings Ratio (13.2x) compared to the estimated Fair Price-To-Earnings Ratio (17x).

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.

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