Baycurrent Valuation

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

Discounted Cash Flow
Simply Wall St
US$60.00
Fair Value
19.3% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: BYCR.F ($48.41) is trading below our estimate of fair value ($60)

Significantly Below Fair Value: BYCR.F is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for BYCR.F?

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

The above table shows the Price to Earnings ratio for BYCR.F. This is calculated by dividing BYCR.F's market cap by their current earnings.
What is BYCR.F's PE Ratio?
PE Ratio35.4x
EarningsJP¥28.74b
Market CapJP¥1.02t

Price to Earnings Ratio vs Peers

How does BYCR.F's PE Ratio compare to its peers?

The above table shows the PE ratio for BYCR.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.5x
PSN Parsons
28.1x17.0%US$6.9b
FCN FTI Consulting
20.6x9.1%US$6.7b
CACI CACI International
16x8.1%US$7.7b
KBR KBR
21.2x22.9%US$6.9b
BYCR.F Baycurrent
35.4x18.0%US$1.0t

Price-To-Earnings vs Peers: BYCR.F is expensive based on its Price-To-Earnings Ratio (35.4x) compared to the peer average (21.5x).


Price to Earnings Ratio vs Industry

How does BYCR.F's PE Ratio compare vs other companies in the US Professional Services Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CNDT Conduent
1.5x-122.8%US$655.41m
ALJJ ALJ Regional Holdings
0.7xn/aUS$70.26m
VCIG VCI Global
2.9xn/aUS$29.30m
AERT Aeries Technology
1.3xn/aUS$22.82m
BYCR.F 35.4xIndustry Avg. 22.9xNo. of Companies10PE01224364860+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BYCR.F is expensive based on its Price-To-Earnings Ratio (35.4x) compared to the US Professional Services industry average (22.9x).


Price to Earnings Ratio vs Fair Ratio

What is BYCR.F'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.

BYCR.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BYCR.F's Price-To-Earnings 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?

The above table shows the analyst BYCR.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$48.41
US$49.11
+1.5%
19.7%US$66.15US$40.09n/a5
Feb ’26n/a
US$44.37
0%
20.7%US$62.67US$37.98n/a5
Jan ’26n/a
US$45.86
0%
20.5%US$64.49US$39.08n/a5
Dec ’25US$34.76
US$44.68
+28.5%
23.6%US$65.33US$37.62n/a5
Nov ’25US$32.26
US$44.20
+37.0%
22.5%US$63.71US$37.44n/a5
Oct ’25n/a
US$44.91
0%
22.8%US$67.72US$39.79n/a6
Sep ’25n/a
US$40.86
0%
31.0%US$67.37US$27.78n/a6
Aug ’25US$26.95
US$38.39
+42.5%
33.2%US$64.77US$26.71n/a6
Jul ’25US$20.14
US$34.29
+70.3%
36.9%US$60.30US$24.87n/a6
Jun ’25US$20.46
US$35.03
+71.2%
39.1%US$62.73US$21.99n/a6
May ’25US$21.50
US$33.55
+56.1%
34.7%US$55.47US$22.19n/a6
Apr ’25US$20.65
US$33.75
+63.4%
35.3%US$56.16US$22.46n/a6
Mar ’25US$21.63
US$37.86
+75.0%
26.4%US$56.37US$23.54n/a6
Feb ’25n/a
US$41.14
0%
19.7%US$58.09US$33.49n/a6
Jan ’25n/a
US$44.38
0%
15.7%US$57.74US$36.00n/a6
Dec ’24n/a
US$43.19
0%
15.6%US$56.05US$34.95US$34.766
Nov ’24n/a
US$43.55
0%
15.6%US$56.51US$35.24US$32.266
Oct ’24n/a
US$45.80
0%
14.0%US$57.71US$37.79n/a6
Sep ’24n/a
US$45.80
0%
14.0%US$57.71US$37.79n/a6
Aug ’24n/a
US$46.20
0%
15.7%US$60.48US$39.60US$26.956
Jul ’24n/a
US$42.56
0%
19.5%US$58.68US$30.04US$20.147
Jun ’24n/a
US$42.84
0%
20.1%US$59.76US$30.59US$20.467
May ’24n/a
US$45.21
0%
20.2%US$62.92US$32.21US$21.507
Apr ’24n/a
US$42.57
0%
17.6%US$52.95US$31.89US$20.657
Mar ’24n/a
US$42.58
0%
18.0%US$54.86US$33.04US$21.637
Feb ’24n/a
US$42.58
0%
18.0%US$54.86US$33.04n/a7
Analyst Price Target
Consensus Narrative from 5 Analysts
US$53.13
Fair Value
8.9% undervalued intrinsic discount
5
Number of Analysts

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 10:28
End of Day Share Price 2025/02/18 00:00
Earnings2024/11/30
Annual Earnings2024/02/29

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.

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 Github.

Analyst Sources

Baycurrent, Inc. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuki KanekoBofA Global Research
Jun KatoCLSA
Hideo NodaCLSA