Kyocera Corporation

TSE:6971 Stock Report

Market Cap: JP¥2.3t

Kyocera Valuation

Is 6971 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-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 6971 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
JP¥2.43k
Fair Value
33.1% undervalued intrinsic discount
15
Number of Analysts

Below Fair Value: 6971 (¥1628) is trading below our estimate of fair value (¥2432.59)

Significantly Below Fair Value: 6971 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6971?

Key metric: As 6971 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6971. This is calculated by dividing 6971's market cap by their current earnings.
What is 6971's PE Ratio?
PE Ratio28.4x
EarningsJP¥80.67b
Market CapJP¥2.29t

Price to Earnings Ratio vs Peers

How does 6971's PE Ratio compare to its peers?

The above table shows the PE ratio for 6971 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.9x
6762 TDK
20x9.5%JP¥3.5t
6981 Murata Manufacturing
24.9x15.5%JP¥4.6t
6806 Hirose ElectricLtd
20.3x7.1%JP¥638.5b
6965 Hamamatsu Photonics K.K
22.5x8.5%JP¥565.7b
6971 Kyocera
28.4x15.5%JP¥2.3t

Price-To-Earnings vs Peers: 6971 is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the peer average (21.9x).

Price to Earnings Ratio vs Industry

How does 6971'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
6971 28.4xIndustry Avg. 12.9xNo. of Companies22PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6971 is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the JP Electronic industry average (12.9x).

Price to Earnings Ratio vs Fair Ratio

What is 6971'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.

6971 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.4x
Fair PE Ratio19.8x

Price-To-Earnings vs Fair Ratio: 6971 is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).

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 6971 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥1,628.00
JP¥1,810.67
+11.2%
16.2%JP¥2,420.00JP¥1,440.00n/a15
Jan ’26JP¥1,575.50
JP¥1,880.71
+19.4%
16.4%JP¥2,420.00JP¥1,440.00n/a14
Dec ’25JP¥1,473.50
JP¥1,936.92
+31.5%
14.1%JP¥2,420.00JP¥1,440.00n/a13
Nov ’25JP¥1,505.50
JP¥1,976.43
+31.3%
11.4%JP¥2,420.00JP¥1,600.00n/a14
Oct ’25JP¥1,687.00
JP¥2,038.46
+20.8%
8.9%JP¥2,420.00JP¥1,800.00n/a13
Sep ’25JP¥1,792.50
JP¥2,080.00
+16.0%
10.0%JP¥2,500.00JP¥1,800.00n/a12
Aug ’25JP¥1,844.00
JP¥2,080.00
+12.8%
10.0%JP¥2,500.00JP¥1,800.00n/a12
Jul ’25JP¥1,857.50
JP¥2,110.71
+13.6%
10.1%JP¥2,500.00JP¥1,800.00n/a14
Jun ’25JP¥1,786.00
JP¥2,110.71
+18.2%
10.1%JP¥2,500.00JP¥1,800.00n/a14
May ’25JP¥1,908.00
JP¥2,173.21
+13.9%
9.3%JP¥2,500.00JP¥1,900.00n/a14
Apr ’25JP¥2,004.00
JP¥2,189.29
+9.2%
9.8%JP¥2,600.00JP¥1,900.00n/a14
Mar ’25JP¥2,238.00
JP¥2,169.29
-3.1%
10.2%JP¥2,600.00JP¥1,850.00n/a14
Feb ’25JP¥2,159.00
JP¥2,141.07
-0.8%
9.9%JP¥2,600.00JP¥1,850.00n/a14
Jan ’25JP¥2,058.00
JP¥2,077.68
+1.0%
7.6%JP¥2,300.00JP¥1,850.00JP¥1,575.5014
Dec ’24JP¥2,043.25
JP¥2,054.17
+0.5%
7.3%JP¥2,300.00JP¥1,850.00JP¥1,473.5015
Nov ’24JP¥1,888.75
JP¥2,019.17
+6.9%
8.6%JP¥2,250.00JP¥1,575.00JP¥1,505.5015
Oct ’24JP¥1,896.75
JP¥2,032.50
+7.2%
8.6%JP¥2,250.00JP¥1,575.00JP¥1,687.0015
Sep ’24JP¥1,878.75
JP¥2,034.17
+8.3%
8.9%JP¥2,300.00JP¥1,575.00JP¥1,792.5015
Aug ’24JP¥1,863.75
JP¥2,040.83
+9.5%
9.2%JP¥2,325.00JP¥1,575.00JP¥1,844.0015
Jul ’24JP¥1,947.75
JP¥2,021.09
+3.8%
9.5%JP¥2,300.00JP¥1,575.00JP¥1,857.5016
Jun ’24JP¥1,949.00
JP¥1,979.69
+1.6%
9.3%JP¥2,250.00JP¥1,575.00JP¥1,786.0016
May ’24JP¥1,794.50
JP¥1,946.09
+8.4%
9.9%JP¥2,250.00JP¥1,575.00JP¥1,908.0016
Apr ’24JP¥1,722.00
JP¥1,947.66
+13.1%
9.7%JP¥2,250.00JP¥1,650.00JP¥2,004.0016
Mar ’24JP¥1,681.50
JP¥1,936.72
+15.2%
9.5%JP¥2,250.00JP¥1,650.00JP¥2,238.0016
Feb ’24JP¥1,677.25
JP¥1,978.91
+18.0%
10.3%JP¥2,250.00JP¥1,650.00JP¥2,159.0016
Jan ’24JP¥1,638.00
JP¥2,013.33
+22.9%
7.3%JP¥2,250.00JP¥1,700.00JP¥2,058.0015
Analyst Price Target
Consensus Narrative from 15 Analysts
JP¥1.81k
Fair Value
10.1% undervalued intrinsic discount
15
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 21:52
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kyocera Corporation is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Toshiro YoshinagaAizawa Securities Co. Ltd.
Masaru KoshitaBarclays
Scott FosterBNP Paribas Securities (Asia)