Mirai Corp
TSE:3476

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Mirai Corp
TSE:3476
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Price: 41 800 JPY 0.72% Market Closed
Market Cap: 79.8B JPY

Relative Value

The Relative Value of one Mirai Corp stock under the Base Case scenario is 71 201.26 JPY. Compared to the current market price of 41 800 JPY, Mirai Corp is Undervalued by 41%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
71 201.26 JPY
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
28
Median 3Y
6.9
Median 5Y
6.9
Industry
3.6
Forward
8.4
vs History
52
vs Industry
30
Median 3Y
17.5
Median 5Y
17.2
Industry
16.4
Forward
21.9
vs History
23
vs Industry
31
Median 3Y
11.9
Median 5Y
6.4
Industry
11
vs History
vs Industry
11
Median 3Y
-35.1
Median 5Y
-27.4
Industry
12.7
vs History
73
vs Industry
39
Median 3Y
1
Median 5Y
1
Industry
0.8
vs History
55
vs Industry
21
Median 3Y
12.7
Median 5Y
12.7
Industry
6.4
Forward
16
vs History
55
vs Industry
18
Median 3Y
21.4
Median 5Y
21.2
Industry
11.9
vs History
58
vs Industry
23
Median 3Y
21.9
Median 5Y
21.8
Industry
15.8
Forward
20.2
vs History
50
vs Industry
22
Median 3Y
28.1
Median 5Y
27.9
Industry
18.9
vs History
23
vs Industry
25
Median 3Y
23.1
Median 5Y
12.1
Industry
18.5
vs History
vs Industry
6
Median 3Y
-20.2
Median 5Y
-20.2
Industry
20.3
vs History
77
vs Industry
37
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7

Multiples Across Competitors

Competitors Multiples
Mirai Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
JP
Mirai Corp
TSE:3476
79.7B JPY 6.6 17.2 21.6 27.9
US
Alexandria Real Estate Equities Inc
NYSE:ARE
12.6B USD 3.9 96.1 11.4 27.4
US
Boston Properties Inc
NYSE:BXP
10.2B USD 3 -2 292.7 13.5 25.2
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11.3 24.7 25.6 33.9
US
Vornado Realty Trust
NYSE:VNO
7.5B USD 4.1 71.7 19.5 53.4
FR
Covivio SA
PAR:COV
5.4B EUR 4.2 79.9 15.6 17.8
US
COPT Defense Properties
NYSE:CDP
6B USD 8 42.5 38.5 38.5
JP
Japan Real Estate Investment Corp
TSE:8952
813.2B JPY 9.7 21.7 22.1 28.8
AU
Dexus
ASX:DXS
8.2B AUD 9.5 -8.4 33.8 33.8
US
Cousins Properties Inc
NYSE:CUZ
4.7B USD 5.3 88 13.6 40.8
JP
Kenedix Office Investment Corp
TSE:8972
609B JPY 7.8 12.3 21.2 26.4
P/E Multiple
Earnings Growth PEG
JP
Mirai Corp
TSE:3476
Average P/E: 50.5
17.2
6%
2.9
US
Alexandria Real Estate Equities Inc
NYSE:ARE
96.1
20%
4.8
US
Boston Properties Inc
NYSE:BXP
Negative Multiple: -2 292.7
181%
N/A
JP
Nippon Building Fund Inc
TSE:8951
24.7
-1%
N/A
US
Vornado Realty Trust
NYSE:VNO
71.7
138%
0.5
FR
Covivio SA
PAR:COV
79.9
98%
0.8
US
COPT Defense Properties
NYSE:CDP
42.5
6%
7.1
JP
Japan Real Estate Investment Corp
TSE:8952
21.7
-2%
N/A
AU
Dexus
ASX:DXS
Negative Multiple: -8.4 N/A N/A
US
Cousins Properties Inc
NYSE:CUZ
88
37%
2.4
JP
Kenedix Office Investment Corp
TSE:8972
12.3
-13%
N/A