Matsui Securities Co Ltd
TSE:8628

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Matsui Securities Co Ltd Logo
Matsui Securities Co Ltd
TSE:8628
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Price: 945 JPY -1.05% Market Closed
Market Cap: ¥245B

P/B

3.1
Current
16%
More Expensive
vs 3-y average of 2.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.1
=
Market Cap
¥239B
/
Total Equity
¥77.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.1
=
Market Cap
¥239B
/
Total Equity
¥77.6B

Valuation Scenarios

Matsui Securities Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.7), the stock would be worth ¥818 (13% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-60%
Maximum Upside
No Upside Scenarios
Average Downside
37%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.1 ¥945
0%
3-Year Average 2.7 ¥818
-13%
5-Year Average 2.6 ¥779.52
-18%
Industry Average 1.2 ¥374.71
-60%
Country Average 1.4 ¥425.93
-55%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 82% of companies in Japan
Percentile
82st
Based on 5 195 companies
82st percentile
3.1
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

Matsui Securities Co Ltd
Glance View

Market Cap
245B JPY
Industry
Financial Services

Matsui Securities Co Ltd., a stalwart in the Japanese financial landscape, is synonymous with innovation and adaptability in the online brokerage space. Founded in 1918, the firm has a rich legacy, transitioning from a traditional securities business to embracing the online trading revolution in the late 1990s. This pivot was a strategic endeavor to capture a tech-savvy retail investor base, driven by a vision to leverage the growing internet penetration in Japan. Matsui’s operational blueprint revolves around delivering seamless and cost-effective trading experiences. With an emphatic focus on technology, the company significantly invests in developing robust and user-friendly platforms that cater to both novice and seasoned investors, offering them an array of financial products including stocks, futures, options, and foreign exchange. At the heart of Matsui's business model is its commitment to providing low-cost trading solutions, which constitutes the company's core revenue stream. By minimizing overhead through its online-centric operations, Matsui effectively undercuts traditional brokerage fee structures, attracting a significant volume of trades that bolster its commission-based income. Additionally, the company controls operational costs through its efficient, lean business model, allowing it to maintain competitive pricing. Beyond commissions, Matsui derives revenue from interest on margin trading and securities lending, effectively monetizing the capital it extends to its clients. By staying abreast of technological advancements and customer needs, Matsui Securities not only solidifies its position in the competitive Japanese financial market but also ensures sustainable growth amid an ever-evolving industry landscape.

Intrinsic Value
649.13 JPY
Overvaluation 31%
Intrinsic Value
Price ¥945
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