Maxell, Ltd.

TSE:6810 Stock Report

Market Cap: JP¥72.2b

Maxell Valuation

Is 6810 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 6810 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6810 (¥1665) is trading below our estimate of fair value (¥2866.57)

Significantly Below Fair Value: 6810 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6810?

Key metric: As 6810 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6810. This is calculated by dividing 6810's market cap by their current earnings.
What is 6810's PE Ratio?
PE Ratio12.6x
EarningsJP¥5.70b
Market CapJP¥72.15b

Price to Earnings Ratio vs Peers

How does 6810's PE Ratio compare to its peers?

The above table shows the PE ratio for 6810 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.6x
7915 Nissha
94x29.3%JP¥80.2b
6524 Kohoku KogyoLTD
39.5x16.5%JP¥97.0b
6996 Nichicon
11.9x13.5%JP¥74.6b
6929 Nippon Ceramic
16.9x7.4%JP¥59.6b
6810 Maxell
12.6x9.7%JP¥72.2b

Price-To-Earnings vs Peers: 6810 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (40.6x).

Price to Earnings Ratio vs Industry

How does 6810'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
6810 12.6xIndustry Avg. 13.3xNo. of Companies21PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6810 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the JP Electronic industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is 6810'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.

6810 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.6x
Fair PE Ratio13.1x

Price-To-Earnings vs Fair Ratio: 6810 is good value based on its Price-To-Earnings Ratio (12.6x) compared to the estimated Fair Price-To-Earnings Ratio (13.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 6810 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥1,665.00
JP¥1,916.67
+15.1%
14.2%JP¥2,400.00JP¥1,600.00n/a6
Nov ’25JP¥1,704.00
JP¥1,916.67
+12.5%
14.2%JP¥2,400.00JP¥1,600.00n/a6
Oct ’25JP¥1,831.00
JP¥1,916.67
+4.7%
14.2%JP¥2,400.00JP¥1,600.00n/a6
Sep ’25JP¥1,817.00
JP¥1,933.33
+6.4%
13.5%JP¥2,400.00JP¥1,600.00n/a6
Aug ’25JP¥1,654.00
JP¥1,875.00
+13.4%
13.9%JP¥2,400.00JP¥1,600.00n/a6
Jul ’25JP¥1,835.00
JP¥1,813.33
-1.2%
14.3%JP¥2,300.00JP¥1,530.00n/a6
Jun ’25JP¥1,673.00
JP¥1,790.00
+7.0%
16.1%JP¥2,300.00JP¥1,390.00n/a6
May ’25JP¥1,549.00
JP¥1,773.33
+14.5%
14.7%JP¥2,200.00JP¥1,390.00n/a6
Apr ’25JP¥1,562.00
JP¥1,813.33
+16.1%
13.2%JP¥2,200.00JP¥1,530.00n/a6
Mar ’25JP¥1,574.00
JP¥1,796.00
+14.1%
14.4%JP¥2,200.00JP¥1,530.00n/a5
Feb ’25JP¥1,587.00
JP¥1,706.00
+7.5%
14.1%JP¥2,000.00JP¥1,500.00n/a5
Jan ’25JP¥1,560.00
JP¥1,757.50
+12.7%
13.8%JP¥2,000.00JP¥1,500.00n/a4
Dec ’24JP¥1,659.00
JP¥1,776.00
+7.1%
13.3%JP¥2,000.00JP¥1,480.00n/a5
Nov ’24JP¥1,651.00
JP¥1,736.00
+5.1%
12.1%JP¥2,000.00JP¥1,480.00JP¥1,704.005
Oct ’24JP¥1,673.00
JP¥1,688.33
+0.9%
13.1%JP¥2,000.00JP¥1,430.00JP¥1,831.006
Sep ’24JP¥1,610.00
JP¥1,688.33
+4.9%
13.1%JP¥2,000.00JP¥1,430.00JP¥1,817.006
Aug ’24JP¥1,605.00
JP¥1,655.00
+3.1%
12.1%JP¥2,000.00JP¥1,430.00JP¥1,654.006
Jul ’24JP¥1,599.00
JP¥1,648.33
+3.1%
12.6%JP¥2,000.00JP¥1,390.00JP¥1,835.006
Jun ’24JP¥1,453.00
JP¥1,648.33
+13.4%
12.6%JP¥2,000.00JP¥1,390.00JP¥1,673.006
May ’24JP¥1,488.00
JP¥1,648.33
+10.8%
12.6%JP¥2,000.00JP¥1,390.00JP¥1,549.006
Apr ’24JP¥1,539.00
JP¥1,675.00
+8.8%
12.4%JP¥2,000.00JP¥1,350.00JP¥1,562.006
Mar ’24JP¥1,459.00
JP¥1,600.00
+9.7%
9.5%JP¥1,750.00JP¥1,350.00JP¥1,574.005
Feb ’24JP¥1,483.00
JP¥1,600.00
+7.9%
9.5%JP¥1,750.00JP¥1,350.00JP¥1,587.005
Jan ’24JP¥1,359.00
JP¥1,560.00
+14.8%
12.6%JP¥1,700.00JP¥1,200.00JP¥1,560.005
Dec ’23JP¥1,404.00
JP¥1,590.00
+13.2%
12.3%JP¥1,700.00JP¥1,200.00JP¥1,659.005
Nov ’23JP¥1,277.00
JP¥1,650.00
+29.2%
15.6%JP¥2,000.00JP¥1,200.00JP¥1,651.005

Analyst Forecast: Target price is less than 20% higher than the current share price.

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