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Nippon Parking Development Co Ltd
TSE:2353

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Nippon Parking Development Co Ltd
TSE:2353
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Price: 248 JPY -1.2% Market Closed
Market Cap: ¥86.4B

P/OCF

10.2
Current
9%
Cheaper
vs 3-y average of 11.2

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
10.2
=
Market Cap
¥87.7B
/
Operating Cash Flow
¥7.7B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
10.2
=
Market Cap
¥87.7B
/
Operating Cash Flow
¥7.7B

Valuation Scenarios

Nippon Parking Development Co Ltd is trading below its 3-year average

If P/OCF returns to its 3-Year Average (11.2), the stock would be worth ¥271.46 (9% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+35%
Average Upside
18%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 10.2 ¥248
0%
3-Year Average 11.2 ¥271.46
+9%
5-Year Average 12.1 ¥292.74
+18%
Industry Average 13.8 ¥333.96
+35%
Country Average 11.5 ¥277.22
+12%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
JP
Nippon Parking Development Co Ltd
TSE:2353
78.8B JPY 10.2 16.1
US
Waste Management Inc
NYSE:WM
92.5B USD 15.3 34.2
US
Republic Services Inc
NYSE:RSG
64.6B USD 15 30.2
CA
Waste Connections Inc
TSX:WCN
58.8B CAD 16.1 36.9
US
Rollins Inc
NYSE:ROL
27.2B USD 40.2 51.7
US
Veralto Corp
NYSE:VLTO
22B USD 20.4 23.4
UK
Rentokil Initial PLC
LSE:RTO
12.6B GBP 12.9 26.8
US
Clean Harbors Inc
NYSE:CLH
16.3B USD 18.6 41.1
CA
GFL Environmental Inc
TSX:GFL
19.8B CAD 14.6 5.1
CN
Spic Yuanda Environmental Protection Co Ltd
SSE:600292
69.3B CNY 102.3 19 123.8
US
Tetra Tech Inc
NASDAQ:TTEK
8.1B USD 15.8 23.2

Market Distribution

In line with most companies in Japan
Percentile
44rd
Based on 4 634 companies
44rd percentile
10.2
Low
0.1 — 8
Typical Range
8 — 16
High
16 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 8
Median 11.5
70th Percentile 16
Max 277 515 329.3

Nippon Parking Development Co Ltd
Glance View

Nippon Parking Development Co., Ltd. engages in the parking lot business. The company is headquartered in Osaka, Osaka-Fu and currently employs 1,146 full-time employees. The company went IPO on 2004-02-25. The firm operates through three business segments. The Parking Lots segment is engaged in the operation, management, consulting and leasing of parking lots, as well as the provision of car sharing, camper rental, parking lot information search services. The Ski Resorts segment is engaged in the acquisition, operation and consulting of ski resorts and amusement parks, as well as the provision of employment services. The Theme Parks segment is engaged in the acquisition, operation, consulting, sale and rental of theme parks, villas and lodging facilities, as well as the provision of employment services. The firm is also engaged in the education business, the healthcare business and the real estate business.

Intrinsic Value
296.98 JPY
Undervaluation 16%
Intrinsic Value
Price ¥248
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