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%.
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 Rate | 4.1% - 5.5% | 4.8% |
Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
Fair Price | 1,761.7 - 5,809.84 | 2,561.14 |
Upside | -3.4% - 218.7% | 40.5% |
(JPY in millions) | Projections | |||||
03-2025 | 03-2026 | 03-2027 | 03-2028 | 03-2029 | 03-2030 | |
Revenue | 49,465 | 51,736 | 54,099 | 55,386 | 58,160 | 60,937 |
% Growth | 6% | 5% | 5% | 2% | 5% | 5% |
Cost of goods sold | (39,675) | (41,496) | (43,392) | (44,424) | (46,649) | (48,876) |
% of Revenue | 80% | 80% | 80% | 80% | 80% | 80% |
Selling, G&A expenses | (7,394) | (7,734) | (8,087) | (8,279) | (8,694) | (9,109) |
% of Revenue | 15% | 15% | 15% | 15% | 15% | 15% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | 468 | 490 | 512 | 524 | 551 | 577 |
% of Revenue | 1% | 1% | 1% | 1% | 1% | 1% |
Tax expense | (947) | (990) | (1,035) | (1,060) | (1,113) | (1,166) |
Tax rate | 33% | 33% | 33% | 33% | 33% | 33% |
Net profit | 1,917 | 2,005 | 2,097 | 2,147 | 2,254 | 2,362 |
% Margin | 4% | 4% | 4% | 4% | 4% | 4% |