Okinawa Cellular Telephone Company

TSE:9436 Stock Report

Market Cap: JP¥206.7b

Okinawa Cellular Telephone Valuation

Is 9436 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 9436 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9436 (¥4350) is trading below our estimate of fair value (¥6238.7)

Significantly Below Fair Value: 9436 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9436?

Key metric: As 9436 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9436. This is calculated by dividing 9436's market cap by their current earnings.
What is 9436's PE Ratio?
PE Ratio17.7x
EarningsJP¥11.70b
Market CapJP¥206.66b

Price to Earnings Ratio vs Peers

How does 9436's PE Ratio compare to its peers?

The above table shows the PE ratio for 9436 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average41.7x
147A Soracom
96.8x48.0%JP¥46.9b
5135 Air-U
22.7xn/aJP¥21.6b
9424 Japan Communications
29.1xn/aJP¥23.1b
9434 SoftBank
18.2x5.9%JP¥9.2t
9436 Okinawa Cellular Telephone
17.7x2.7%JP¥206.7b

Price-To-Earnings vs Peers: 9436 is good value based on its Price-To-Earnings Ratio (17.7x) compared to the peer average (48x).

Price to Earnings Ratio vs Industry

How does 9436's PE Ratio compare vs other companies in the Asian Wireless Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
9436 17.7xIndustry Avg. 17.7xNo. of Companies5PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 9436 is good value based on its Price-To-Earnings Ratio (17.7x) compared to the Asian Wireless Telecom industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is 9436'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.

9436 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.7x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: 9436 is expensive based on its Price-To-Earnings Ratio (17.7x) compared to the estimated Fair Price-To-Earnings Ratio (14x).

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 9436 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥4,350.00
JP¥3,910.00
-10.1%
4.6%JP¥4,090.00JP¥3,730.00n/a2
Nov ’25JP¥4,230.00
JP¥3,910.00
-7.6%
4.6%JP¥4,090.00JP¥3,730.00n/a2
Oct ’25JP¥4,075.00
JP¥3,815.00
-6.4%
2.2%JP¥3,900.00JP¥3,730.00n/a2
Sep ’25JP¥4,165.00
JP¥3,815.00
-8.4%
2.2%JP¥3,900.00JP¥3,730.00n/a2
Aug ’25JP¥3,980.00
JP¥3,815.00
-4.1%
2.2%JP¥3,900.00JP¥3,730.00n/a2
Jul ’25JP¥3,985.00
JP¥3,830.00
-3.9%
2.6%JP¥3,930.00JP¥3,730.00n/a2
Jun ’25JP¥3,570.00
JP¥3,830.00
+7.3%
2.6%JP¥3,930.00JP¥3,730.00n/a2
May ’25JP¥3,420.00
JP¥3,755.00
+9.8%
0.7%JP¥3,780.00JP¥3,730.00n/a2
Apr ’25JP¥3,565.00
JP¥3,755.00
+5.3%
0.7%JP¥3,780.00JP¥3,730.00n/a2
Mar ’25JP¥3,575.00
JP¥3,755.00
+5.0%
0.7%JP¥3,780.00JP¥3,730.00n/a2
Feb ’25JP¥3,640.00
JP¥3,540.00
-2.7%
6.8%JP¥3,780.00JP¥3,300.00n/a2
Jan ’25JP¥3,385.00
JP¥3,440.00
+1.6%
4.1%JP¥3,580.00JP¥3,300.00n/a2
Dec ’24JP¥3,385.00
JP¥3,440.00
+1.6%
4.1%JP¥3,580.00JP¥3,300.00n/a2
Nov ’24JP¥3,215.00
JP¥3,440.00
+7.0%
4.1%JP¥3,580.00JP¥3,300.00JP¥4,230.002
Oct ’24JP¥3,220.00
JP¥3,440.00
+6.8%
4.1%JP¥3,580.00JP¥3,300.00JP¥4,075.002
Sep ’24JP¥3,150.00
JP¥3,440.00
+9.2%
4.1%JP¥3,580.00JP¥3,300.00JP¥4,165.002
Aug ’24JP¥2,991.00
JP¥3,440.00
+15.0%
4.1%JP¥3,580.00JP¥3,300.00JP¥3,980.002
Jul ’24JP¥3,000.00
JP¥3,435.00
+14.5%
3.9%JP¥3,570.00JP¥3,300.00JP¥3,985.002
Apr ’24JP¥3,030.00
JP¥3,370.00
+11.2%
2.1%JP¥3,440.00JP¥3,300.00JP¥3,565.002
Mar ’24JP¥3,220.00
JP¥3,370.00
+4.7%
2.1%JP¥3,440.00JP¥3,300.00JP¥3,575.002
Feb ’24JP¥3,135.00
JP¥3,370.00
+7.5%
2.1%JP¥3,440.00JP¥3,300.00JP¥3,640.002
Jan ’24JP¥2,906.00
JP¥2,982.50
+2.6%
3.9%JP¥3,100.00JP¥2,865.00JP¥3,385.002
Dec ’23JP¥2,737.00
JP¥2,982.50
+9.0%
3.9%JP¥3,100.00JP¥2,865.00JP¥3,385.002
Nov ’23JP¥2,855.00
JP¥2,982.50
+4.5%
3.9%JP¥3,100.00JP¥2,865.00JP¥3,215.002

Analyst Forecast: Target price is lower than the current share price.

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