Artiza Networks Valuation

Q: What is the Fair Price of 6778 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

6778 (¥556) is trading below our estimate of [[fair value]] (¥629.59)

Is 6778 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-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 6778 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6778 (¥556) is trading below our estimate of fair value (¥629.59)

Significantly Below Fair Value: 6778 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6778?

Key metric: As 6778 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6778. This is calculated by dividing 6778's market cap by their current revenue.
What is 6778's PS Ratio?
PS Ratio	1.8x
Sales	JP¥2.82b
Market Cap	JP¥5.03b

6778 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	0.03x
Enterprise Value/EBITDA	0.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 6778's PS Ratio compare to its peers?

The above table shows the PS ratio for 6778 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
6715 Nakayo	0.3x	n/a	JP¥5.0b
6930 Nippon AntennaLtd	0.6x	n/a	JP¥6.1b
6838 Tamagawa Holdings	1.1x	n/a	JP¥4.9b
6659 Media LinksLtd	1.3x	n/a	JP¥3.7b
6778 Artiza Networks	1.8x	11.6%	JP¥5.0b

Price-To-Sales vs Peers: 6778 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does 6778's PS Ratio compare vs other companies in the Asian Communications Industry?

56 Companies	Price / Sales	Estimated Growth	Market Cap

56 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 6778 is good value based on its Price-To-Sales Ratio (1.8x) compared to the Asian Communications industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is 6778'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.

6778 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.8x
Fair PS Ratio	1.3x

Price-To-Sales vs Fair Ratio: 6778 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).

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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