Okaya Electric Industries Co., Ltd.

TSE:6926 Stock Report

Market Cap: JP¥5.1b

Okaya Electric Industries Valuation

Is 6926 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 6926 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6926 (¥225) is trading above our estimate of fair value (¥145.71)

Significantly Below Fair Value: 6926 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6926?

Key metric: As 6926 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6926. This is calculated by dividing 6926's market cap by their current revenue.
What is 6926's PS Ratio?
PS Ratio0.5x
SalesJP¥10.72b
Market CapJP¥5.05b

Price to Sales Ratio vs Peers

How does 6926's PS Ratio compare to its peers?

The above table shows the PS ratio for 6926 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.3x
5759 Nippon DenkaiLtd
0.3x9.2%JP¥5.4b
6837 Kyosha
0.2x7.0%JP¥5.1b
6964 Sanko
0.3xn/aJP¥4.5b
6772 Tokyo Cosmos Electric
0.6xn/aJP¥6.6b
6926 Okaya Electric Industries
0.5xn/aJP¥5.1b

Price-To-Sales vs Peers: 6926 is expensive based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does 6926's PS Ratio compare vs other companies in the JP Electronic Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
6615 UMC Electronics
0.07xn/aUS$61.21m
6629 Techno HorizonLtd
0.09xn/aUS$29.97m
6635 Di-Nikko Engineering
0.08xn/aUS$21.38m
No more companies available in this PS range
6926 0.5xIndustry Avg. 0.6xNo. of Companies24PS00.40.81.21.62+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 6926 is good value based on its Price-To-Sales Ratio (0.5x) compared to the JP Electronic industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is 6926'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.

6926 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 6926'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.

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