Monex Group Inc
TSE:8698

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Monex Group Inc
TSE:8698
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Price: 668 JPY -0.6% Market Closed
Market Cap: ¥168.1B

P/FCFE

11.6
Current
748%
Cheaper
vs 3-y average of -1.8

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
11.6
=
Market Cap
¥177.5B
/
Free Cash Flow to Equity
¥14.4B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
11.6
=
Market Cap
¥177.5B
/
Free Cash Flow to Equity
¥14.4B

Valuation Scenarios

Monex Group Inc is trading above its 5-year average

If P/FCFE returns to its 5-Year Average (2.5), the stock would be worth ¥144.71 (78% downside from current price).

Statistics
Positive Scenarios
2/3
Maximum Downside
-78%
Maximum Upside
+92%
Average Upside
17%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 11.6 ¥668
0%
5-Year Average 2.5 ¥144.71
-78%
Industry Average 16.1 ¥923.31
+38%
Country Average 22.4 ¥1 282.85
+92%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Lower than 79% of companies in Japan
Percentile
21st
Based on 3 849 companies
21st percentile
11.6
Low
0.1 — 14.9
Typical Range
14.9 — 35
High
35 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 14.9
Median 22.4
70th Percentile 35
Max 736 044 589.7

Monex Group Inc
Glance View

Market Cap
168.1B JPY
Industry
Financial Services

Monex Group Inc., a formidable entity in the world of online brokerage, emerged in 1999 with a mission to democratize investment opportunities for the masses. Conceived in Japan during a time when digital platforms were beginning to reshape industries, Monex quickly established itself as a pioneering force by leveraging technology to break down the barriers of traditional finance. It provided individual investors access to the stock market with remarkable ease and efficiency, offering low-cost trading solutions at a time when such opportunities were sparse. The company’s strategic foresight led it to expand internationally, acquiring and integrating multiple subsidiaries across the globe, such as TradeStation in the United States and Coincheck, one of Japan's leading cryptocurrency exchanges. This expansion not only diversified its revenue streams but also solidified its reputation as a forward-thinking player adaptable to changing market dynamics. Monex's business model thrives on the dynamic interplay between its brokerage services, financial products, and a robust technological backbone. The company generates revenue primarily through commissions from trades executed by its customers, but it also capitalizes on margin trading, where clients borrow funds to increase their investment capacity. Moreover, by offering financial products like mutual funds and crypto-oriented services, Monex taps into the growing interest in diverse investment opportunities. Its acquisition of Coincheck marked a significant shift towards embracing the nascent yet rapidly expanding cryptocurrency market, thereby enhancing its appeal to a tech-savvy clientele. Committed to innovation, Monex continually invests in technology, which not only optimizes its operations but also provides clients with cutting-edge tools for informed decision-making, reinforcing its dual identity as both a market leader and a customer-centric organization.

Intrinsic Value
745.52 JPY
Undervaluation 10%
Intrinsic Value
Price ¥668
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