Sayfa yüklenirken bir hata oluştu.
Teknik ekibimiz bilgilendirildi, ancak sorunun devam etmesi durumunda lütfen e-posta destek widget ile bize ulaşın.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 3,7x - 4,1x | 3,9x |
| Selected Fwd EBITDA Multiple | 3,1x - 3,4x | 3,3x |
| Fair Value | ¥854,89 - ¥989,31 | ¥922,10 |
| Upside | 8,5% - 25,5% | 17,0% |
| Benchmarks | Ticker | Full Ticker |
| Daishinku Corp. | 6962 | TSE:6962 |
| Kyocera Corporation | 6971 | TSE:6971 |
| Murata Manufacturing Co., Ltd. | 6981 | TSE:6981 |
| Harmony Electronics Co. Ltd | 8182 | TPEX:8182 |
| TXC Corporation | 3042 | TWSE:3042 |
| Nihon Dempa Kogyo Co., Ltd. | 6779 | TSE:6779 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 6962 | 6971 | 6981 | 8182 | 3042 | 6779 | ||
| TSE:6962 | TSE:6971 | TSE:6981 | TPEX:8182 | TWSE:3042 | TSE:6779 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 16.0% | 6.8% | 3.8% | 11.1% | 18.9% | 27.9% | |
| 3Y CAGR | 6.5% | 9.1% | -6.7% | -10.8% | -9.9% | 45.3% | |
| Latest Twelve Months | -10.2% | -34.9% | 8.4% | 18.5% | 7.8% | -1.6% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 17.2% | 12.1% | 28.1% | 19.1% | 26.9% | 13.9% | |
| Prior Fiscal Year | 21.5% | 12.6% | 26.6% | 16.1% | 28.3% | 22.4% | |
| Latest Fiscal Year | 15.6% | 11.0% | 27.2% | 21.6% | 26.1% | 15.4% | |
| Latest Twelve Months | 15.0% | 7.9% | 27.2% | 20.9% | 26.1% | 15.8% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 0.93x | 0.22x | 1.82x | 0.57x | 2.08x | 0.53x | |
| EV / LTM EBITDA | 6.2x | 2.8x | 6.7x | 2.6x | 8.0x | 3.3x | |
| EV / LTM EBIT | 19.2x | 17.4x | 10.6x | 4.7x | 12.3x | 5.7x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 2.6x | 6.2x | 8.0x | ||||
| Historical EV / LTM EBITDA | -12.5x | 4.1x | 12.1x | ||||
| Selected EV / LTM EBITDA | 3.7x | 3.9x | 4.1x | ||||
| (x) LTM EBITDA | 8,315 | 8,315 | 8,315 | ||||
| (=) Implied Enterprise Value | 30,714 | 32,331 | 33,948 | ||||
| (-) Non-shareholder Claims * | (9,733) | (9,733) | (9,733) | ||||
| (=) Equity Value | 20,981 | 22,598 | 24,215 | ||||
| (/) Shares Outstanding | 23.1 | 23.1 | 23.1 | ||||
| Implied Value Range | 909.88 | 979.98 | 1,050.08 | ||||
| FX Rate: JPY/JPY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 909.88 | 979.98 | 1,050.08 | 788.00 | |||
| Upside / (Downside) | 15.5% | 24.4% | 33.3% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 6962 | 6971 | 6981 | 8182 | 3042 | 6779 | |
| Enterprise Value | 36,456 | 462,454 | 3,214,393 | 1,666 | 27,222 | 27,904 | |
| (+) Cash & Short Term Investments | 19,853 | 430,950 | 625,148 | 2,005 | 5,373 | 9,938 | |
| (+) Investments & Other | 5,018 | 1,888,515 | 215 | 378 | 1,082 | 3,963 | |
| (-) Debt | (35,424) | (310,484) | (59,993) | (811) | (2,138) | (23,634) | |
| (-) Other Liabilities | (8,998) | (25,848) | 830 | (9) | (120) | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 16,905 | 2,445,587 | 3,780,593 | 3,227 | 31,418 | 18,171 | |
| (/) Shares Outstanding | 31.8 | 1,408.7 | 1,862.4 | 107.0 | 343.0 | 23.1 | |
| Implied Stock Price | 532.00 | 1,736.00 | 2,030.00 | 30.15 | 91.60 | 788.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 532.00 | 1,736.00 | 2,030.00 | 30.15 | 91.60 | 788.00 | |
| Trading Currency | JPY | JPY | JPY | TWD | TWD | JPY | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |