Shimadzu Corporation

TSE:7701 Stock Report

Market Cap: JP¥1.3t

Shimadzu Valuation

Is 7701 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-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 7701 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 7701 (¥4256) is trading above our estimate of fair value (¥3670.25)

Significantly Below Fair Value: 7701 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 7701?

Key metric: As 7701 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 7701. This is calculated by dividing 7701's market cap by their current earnings.
What is 7701's PE Ratio?
PE Ratio24.2x
EarningsJP¥51.80b
Market CapJP¥1.29t

Price to Earnings Ratio vs Peers

How does 7701's PE Ratio compare to its peers?

The above table shows the PE ratio for 7701 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.7x
6841 Yokogawa Electric
17.5x5.3%JP¥898.0b
6845 Azbil
22.3x4.6%JP¥650.8b
6856 HORIBA
9.9x9.6%JP¥342.1b
6436 Amano
21x11.5%JP¥309.3b
7701 Shimadzu
24.2x8.1%JP¥1.3t

Price-To-Earnings vs Peers: 7701 is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the peer average (17.7x).

Price to Earnings Ratio vs Industry

How does 7701'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
7701 24.2xIndustry Avg. 13.3xNo. of Companies24PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 7701 is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the JP Electronic industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is 7701'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.

7701 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.2x
Fair PE Ratio16.2x

Price-To-Earnings vs Fair Ratio: 7701 is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).

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 7701 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥4,256.00
JP¥5,279.00
+24.0%
8.8%JP¥6,100.00JP¥4,600.00n/a10
Nov ’25JP¥4,477.00
JP¥5,251.11
+17.3%
8.6%JP¥6,000.00JP¥4,600.00n/a9
Oct ’25JP¥4,825.00
JP¥5,206.67
+7.9%
7.9%JP¥6,000.00JP¥4,600.00n/a9
Sep ’25JP¥4,845.00
JP¥5,144.44
+6.2%
7.9%JP¥6,000.00JP¥4,600.00n/a9
Aug ’25JP¥4,363.00
JP¥5,155.56
+18.2%
9.0%JP¥5,900.00JP¥4,500.00n/a9
Jul ’25JP¥4,028.00
JP¥5,155.56
+28.0%
9.0%JP¥5,900.00JP¥4,500.00n/a9
Jun ’25JP¥4,068.00
JP¥5,133.33
+26.2%
9.6%JP¥5,900.00JP¥4,400.00n/a9
May ’25JP¥4,293.00
JP¥5,100.00
+18.8%
10.3%JP¥5,900.00JP¥4,400.00n/a9
Apr ’25JP¥4,206.00
JP¥5,100.00
+21.3%
10.3%JP¥5,900.00JP¥4,400.00n/a9
Mar ’25JP¥4,135.00
JP¥5,240.00
+26.7%
10.4%JP¥5,900.00JP¥4,400.00n/a9
Feb ’25JP¥4,060.00
JP¥5,282.50
+30.1%
9.2%JP¥5,900.00JP¥4,400.00n/a8
Jan ’25JP¥3,942.00
JP¥5,180.00
+31.4%
11.5%JP¥5,900.00JP¥4,400.00n/a7
Dec ’24JP¥3,829.00
JP¥5,157.14
+34.7%
9.2%JP¥5,900.00JP¥4,400.00n/a7
Nov ’24JP¥3,629.00
JP¥5,187.50
+42.9%
8.9%JP¥5,900.00JP¥4,400.00JP¥4,477.008
Oct ’24JP¥3,972.00
JP¥5,185.71
+30.6%
9.5%JP¥5,900.00JP¥4,400.00JP¥4,825.007
Sep ’24JP¥4,311.00
JP¥5,137.50
+19.2%
9.6%JP¥5,900.00JP¥4,200.00JP¥4,845.008
Aug ’24JP¥4,282.00
JP¥5,137.50
+20.0%
9.6%JP¥5,900.00JP¥4,200.00JP¥4,363.008
Jul ’24JP¥4,428.00
JP¥5,137.50
+16.0%
9.6%JP¥5,900.00JP¥4,200.00JP¥4,028.008
Jun ’24JP¥4,365.00
JP¥5,140.00
+17.8%
9.1%JP¥5,900.00JP¥4,200.00JP¥4,068.0010
May ’24JP¥4,255.00
JP¥5,190.00
+22.0%
10.0%JP¥6,000.00JP¥4,200.00JP¥4,293.0010
Apr ’24JP¥4,140.00
JP¥5,190.00
+25.4%
10.0%JP¥6,000.00JP¥4,200.00JP¥4,206.0010
Mar ’24JP¥3,945.00
JP¥5,220.00
+32.3%
9.0%JP¥6,000.00JP¥4,500.00JP¥4,135.0010
Feb ’24JP¥3,985.00
JP¥5,300.00
+33.0%
9.7%JP¥6,100.00JP¥4,500.00JP¥4,060.0010
Jan ’24JP¥3,745.00
JP¥5,333.33
+42.4%
9.8%JP¥6,100.00JP¥4,500.00JP¥3,942.009
Dec ’23JP¥4,180.00
JP¥5,333.33
+27.6%
9.8%JP¥6,100.00JP¥4,500.00JP¥3,829.009
Nov ’23JP¥3,925.00
JP¥5,322.22
+35.6%
11.2%JP¥6,100.00JP¥4,100.00JP¥3,629.009

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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