Kuraray Co Ltd
TSE:3405

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Kuraray Co Ltd Logo
Kuraray Co Ltd
TSE:3405
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Price: 1 637 JPY -0.43% Market Closed
Market Cap: ¥504.1B

P/FCFE

11.6
Current
30%
Cheaper
vs 3-y average of 16.6

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
¥519.7B
/
Free Cash Flow to Equity
¥43.2B

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
¥519.7B
/
Free Cash Flow to Equity
¥43.2B

Valuation Scenarios

Kuraray Co Ltd is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (16.6), the stock would be worth ¥2 329.76 (42% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+92%
Average Upside
51%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 11.6 ¥1 637
0%
3-Year Average 16.6 ¥2 329.76
+42%
5-Year Average 12 ¥1 692.5
+3%
Industry Average 19.3 ¥2 709.34
+66%
Country Average 22.4 ¥3 145.4
+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
P/E Multiple
Earnings Growth PEG
JP
Kuraray Co Ltd
TSE:3405
Average P/E: 77.3
67.3
92%
0.7
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
Negative Multiple: -8.8 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
41.8
N/A N/A
US
Dow Inc
NYSE:DOW
Negative Multiple: -11 N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
24.8
N/A N/A
UK
LyondellBasell Industries NV
NYSE:LYB
Negative Multiple: -32.2 N/A N/A
CN
Hengli Petrochemical Co Ltd
SSE:600346
17.4
N/A N/A
TW
Nan Ya Plastics Corp
TWSE:1303
157.3
138%
1.1
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -17.1 N/A N/A
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
189.3
82%
2.3
CN
G
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
42.9
92%
0.5

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

Kuraray Co Ltd
Glance View

Market Cap
504.1B JPY
Industry
Chemicals

Kuraray Co., Ltd. stands as a beacon of innovation in the realm of specialty chemicals and fibers, originating from its roots in Japan. Established in 1926, Kuraray initially made its mark with the pioneering production of synthetic rayon. However, over time, the company evolved to encompass a diverse portfolio, becoming a global leader known for a wide array of products that include resins, films, and textiles. Central to Kuraray's strategy is its commitment to research and development, which drives its ability to produce highly specialized materials. This focus allows the company to cater to niche markets where advanced product properties are critical. For example, their EVOH (ethylene vinyl alcohol) resins, branded as EVAL, are highly prized for their exceptional barrier properties in food packaging and automotive fuel systems. Through this relentless innovation, Kuraray addresses some of the most pressing industrial challenges, thus solidifying its position in the global market. Kuraray’s operational ethos emphasizes sustainability, which is integral to both its product development and corporate practices. The company generates substantial revenue by deploying its technologies across multiple sectors, including automotive, healthcare, and electronics—industries where performance and reliability are paramount. The synthesis of advanced materials enables Kuraray to capture value through direct sales and long-term contracts with other multinational corporations. Strategically, Kuraray’s breadth in specialty chemical solutions also allows it to hedge against market downturns by diversifying its revenue streams across a spectrum of applications. Apart from its flagship EVOH and PVB (polyvinyl butyral) films, used predominantly in safety glass laminates, Kuraray has also expanded into environmental solutions, offering products that contribute to energy savings and reduced emissions in industrial processes. This holistic approach not only fuels their economic engine but also aligns with the core sustainability goals that resonate with their global clientele.

Intrinsic Value
2 273.1 JPY
Undervaluation 28%
Intrinsic Value
Price ¥1 637
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