TORIDOLL Holdings Valuation

Q: What is the Fair Price of TORL.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TORL.F ($27.78) is trading below our estimate of [[fair value]] ($38.8)

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

Below Fair Value: TORL.F ($27.78) is trading below our estimate of fair value ($38.8)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TORL.F. This is calculated by dividing TORL.F's market cap by their current earnings.
What is TORL.F's PE Ratio?
PE Ratio	83.4x
Earnings	JP¥3.68b
Market Cap	JP¥307.22b

TORL.F key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.7x
Enterprise Value/EBITDA	9.7x
PEG Ratio	1.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TORL.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	38.2x
ARCO Arcos Dorados Holdings	12.2x	15.4%	US$1.8b
DNUT Krispy Kreme	67.2x	-3.5%	US$1.9b
CAKE Cheesecake Factory	19.4x	16.0%	US$2.4b
FWRG First Watch Restaurant Group	54.1x	19.2%	US$1.1b
TORL.F TORIDOLL Holdings	83.4x	43.5%	US$307.2b

Price-To-Earnings vs Peers: TORL.F is expensive based on its Price-To-Earnings Ratio (83.4x) compared to the peer average (38.2x).

Price to Earnings Ratio vs Industry

How does TORL.F's PE Ratio compare vs other companies in the US Hospitality Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
GDHG Golden Heaven Group Holdings	3.7x	n/a	US$6.21m
THRS.F Agility Real Estate	1.7x	n/a	US$2.05m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TORL.F is expensive based on its Price-To-Earnings Ratio (83.4x) compared to the US Hospitality industry average (25x).

Price to Earnings Ratio vs Fair Ratio

What is TORL.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.

TORL.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	83.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TORL.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 TORL.F forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	n/a	US$25.30 0%	19.4%	US$30.49	US$18.16	n/a	4
Nov ’25	n/a	US$29.20 0%	21.4%	US$36.15	US$19.47	n/a	4
Oct ’25	n/a	US$29.20 0%	21.4%	US$36.15	US$19.47	n/a	4
Sep ’25	n/a	US$29.76 0%	24.3%	US$39.22	US$19.27	n/a	4
Aug ’25	n/a	US$28.21 0%	20.5%	US$36.33	US$20.40	n/a	4
Jul ’25	n/a	US$28.21 0%	20.5%	US$36.33	US$20.40	n/a	4
Jun ’25	n/a	US$28.21 0%	20.5%	US$36.33	US$20.40	n/a	4
May ’25	n/a	US$29.35 0%	18.9%	US$36.69	US$21.35	n/a	4
Apr ’25	n/a	US$29.35 0%	18.9%	US$36.69	US$21.35	n/a	4
Mar ’25	n/a	US$29.35 0%	18.9%	US$36.69	US$21.35	n/a	4
Feb ’25	n/a	US$30.16 0%	23.3%	US$37.75	US$19.55	n/a	4
Jan ’25	n/a	US$35.15 0%	11.8%	US$39.37	US$29.53	n/a	3
Dec ’24	n/a	US$30.61 0%	20.5%	US$37.68	US$21.53	n/a	4
Nov ’24	n/a	US$28.18 0%	21.8%	US$34.16	US$19.13	n/a	4
Oct ’24	n/a	US$28.18 0%	21.8%	US$34.16	US$19.13	n/a	4
Sep ’24	n/a	US$28.18 0%	21.8%	US$34.16	US$19.13	n/a	4
Aug ’24	n/a	US$23.09 0%	16.7%	US$28.86	US$18.04	n/a	4
Jul ’24	n/a	US$23.09 0%	16.7%	US$28.86	US$18.04	n/a	4
Jun ’24	n/a	US$23.09 0%	16.7%	US$28.86	US$18.04	n/a	4
May ’24	n/a	US$22.17 0%	19.4%	US$28.32	US$16.39	n/a	4
Apr ’24	n/a	US$22.17 0%	19.4%	US$28.32	US$16.39	n/a	4
Mar ’24	n/a	US$22.17 0%	19.4%	US$28.32	US$16.39	n/a	4
Feb ’24	n/a	US$21.12 0%	18.3%	US$25.34	US$15.49	n/a	4
Jan ’24	n/a	US$21.12 0%	18.3%	US$25.34	US$15.49	n/a	4
Dec ’23	n/a	US$21.12 0%	18.3%	US$25.34	US$15.49	n/a	4
Nov ’23	n/a	US$22.39 0%	19.6%	US$27.78	US$16.08	n/a	4

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