The Discounted Cash Flow (DCF) valuation of Euglena Co Ltd (2931.T) is 487.66 JPY. With the latest stock price at 414.00 JPY, the upside of Euglena Co Ltd based on DCF is 17.8%.
Based on the latest price of 414.00 JPY and our DCF valuation, Euglena Co Ltd (2931.T) is a buy. Buying 2931.T stocks now will result in a potential gain of 17.8%.
Range | Selected | |
WACC / Discount Rate | 4.5% - 6.4% | 5.4% |
Long-term Growth Rate | 2.0% - 4.0% | 3.0% |
Fair Price | 256.03 - 2,485.7 | 487.66 |
Upside | -38.2% - 500.4% | 17.8% |
(JPY in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 47,618 | 48,844 | 49,519 | 50,176 | 51,343 | 52,911 |
% Growth | 2% | 3% | 1% | 1% | 2% | 3% |
Cost of goods sold | (14,350) | (13,983) | (13,468) | (12,964) | (12,602) | (12,338) |
% of Revenue | 30% | 29% | 27% | 26% | 25% | 23% |
Selling, G&A expenses | (28,856) | (29,599) | (30,008) | (30,406) | (31,113) | (32,064) |
% of Revenue | 61% | 61% | 61% | 61% | 61% | 61% |
Research & Development | (843) | (865) | (877) | (888) | (909) | (937) |
% of Revenue | 2% | 2% | 2% | 2% | 2% | 2% |
Net interest & other expenses | (3,874) | (3,974) | (4,029) | (4,082) | (4,177) | (4,305) |
% of Revenue | 8% | 8% | 8% | 8% | 8% | 8% |
Tax expense | 71 | (57) | (152) | (245) | (340) | (437) |
Tax rate | -23% | 13% | 13% | 13% | 13% | 13% |
Net profit | (234) | 367 | 986 | 1,590 | 2,202 | 2,832 |
% Margin | 0% | 1% | 2% | 3% | 4% | 5% |