Melco Holdings Inc.

TSE:6676 Stock Report

Market Cap: JP¥32.9b

Melco Holdings Valuation

Is 6676 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 6676 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6676 (¥2162) is trading below our estimate of fair value (¥4985.02)

Significantly Below Fair Value: 6676 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6676?

Key metric: As 6676 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6676. This is calculated by dividing 6676's market cap by their current earnings.
What is 6676's PE Ratio?
PE Ratio8.9x
EarningsJP¥3.68b
Market CapJP¥32.87b

Price to Earnings Ratio vs Peers

How does 6676's PE Ratio compare to its peers?

The above table shows the PE ratio for 6676 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.1x
6638 Mimaki Engineering
8x10.0%JP¥44.6b
6737 EIZO
22.4x13.5%JP¥89.8b
6727 Wacom
23.1x17.9%JP¥97.4b
7999 Mutoh Holdings
6.7xn/aJP¥11.1b
6676 Melco Holdings
8.9x-25.5%JP¥32.9b

Price-To-Earnings vs Peers: 6676 is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does 6676's PE Ratio compare vs other companies in the JP Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6676 8.9xIndustry Avg. 22.0xNo. of Companies4PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6676 is good value based on its Price-To-Earnings Ratio (8.9x) compared to the Asian Tech industry average (22x).

Price to Earnings Ratio vs Fair Ratio

What is 6676'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.

6676 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.9x
Fair PE Ratio6.8x

Price-To-Earnings vs Fair Ratio: 6676 is expensive based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (6.8x).

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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