9932.T
Sugimoto & Co Ltd
Price:  
1,823 
JPY
Volume:  
49,900
Japan | Trading Companies & Distributors

9932.T DCF Valuation - Growth Exit 5Y

40.5 %
Upside

What is the DCF valuation of 9932.T?

The Discounted Cash Flow (DCF) valuation of Sugimoto & Co Ltd (9932.T) is 2,561.14 JPY. With the latest stock price at 1,823.00 JPY, the upside of Sugimoto & Co Ltd based on DCF is 40.5%.

Is 9932.T a buy or a sell?

Based on the latest price of 1,823.00 JPY and our DCF valuation, Sugimoto & Co Ltd (9932.T) is a buy. Buying 9932.T stocks now will result in a potential gain of 40.5%.

Range Selected
WACC / Discount Rate4.1% - 5.5%4.8%
Long-term Growth Rate 1.0% - 3.0%2.0%
Fair Price1,761.7 - 5,809.842,561.14
Upside-3.4% - 218.7%40.5%
1,823.00 JPY
Stock Price
2,561.14 JPY
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

9932.T DCF Valuation: Revenue & Expenses Forecast

(JPY in millions)Projections
03-202503-202603-202703-202803-202903-2030
Revenue49,46551,73654,09955,38658,16060,937
% Growth
6%5%5%2%5%5%
Cost of goods sold(39,675)(41,496)(43,392)(44,424)(46,649)(48,876)
% of Revenue80%80%80%80%80%80%
Selling, G&A expenses(7,394)(7,734)(8,087)(8,279)(8,694)(9,109)
% of Revenue15%15%15%15%15%15%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses468490512524551577
% of Revenue1%1%1%1%1%1%
Tax expense(947)(990)(1,035)(1,060)(1,113)(1,166)
Tax rate33%33%33%33%33%33%
Net profit1,9172,0052,0972,1472,2542,362
% Margin4%4%4%4%4%4%