Belc Co Ltd
TSE:9974

Watchlist Manager
Belc Co Ltd Logo
Belc Co Ltd
TSE:9974
Watchlist
Price: 6 510 JPY 1.4% Market Closed
Market Cap: 135.9B JPY
Have any thoughts about
Belc Co Ltd?
Write Note
Section:
 

Relative Value

The Relative Value of one Belc Co Ltd stock under the Base Case scenario is 8 383.05 JPY. Compared to the current market price of 6 510 JPY, Belc Co Ltd is Undervalued by 22%.

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
8 383.05 JPY
Undervaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.4
P/S
P/S
Price to Sales
0.4
vs History
88
vs Industry
57
Median 3Y
0.4
Median 5Y
0.4
Industry
0.6
Forward
0.3
More Details
13.6
P/E
P/E
Price to Earnings
13.6
vs History
41
vs Industry
42
Median 3Y
12.7
Median 5Y
13.2
Industry
16.6
Forward
11.2
More Details
6.6
P/OCF
P/OCF
Price to OCF
6.6
vs History
69
vs Industry
43
Median 3Y
6.9
Median 5Y
7.2
Industry
8
More Details
331.8
P/FCFE
P/FCFE
Price to FCFE
331.8
vs History
1
vs Industry
6
Median 3Y
15.9
Median 5Y
24.2
Industry
15.3
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
85
vs Industry
48
Median 3Y
1.3
Median 5Y
1.4
Industry
1.6
More Details
0.4
EV/S
EV/S
Enterprise Value to Sales
0.4
vs History
92
vs Industry
60
Median 3Y
0.4
Median 5Y
0.4
Industry
0.7
Forward
0.4
More Details
1.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.4
vs History
92
vs Industry
59
Median 3Y
1.5
Median 5Y
1.6
Industry
2.2
More Details
6.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6.7
vs History
55
vs Industry
44
Median 3Y
6.6
Median 5Y
6.9
Industry
8.5
Forward
5.7
More Details
10.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
10.1
vs History
49
vs Industry
43
Median 3Y
9.7
Median 5Y
10.1
Industry
12.7
More Details
7
EV/OCF
EV/OCF
Enterprise Value to OCF
7
vs History
73
vs Industry
46
Median 3Y
7.4
Median 5Y
7.7
Industry
9.1
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
8
Median 3Y
-32.2
Median 5Y
28.7
Industry
12.8
More Details
1
EV/IC
EV/IC
Enterprise Value to IC
1
vs History
90
vs Industry
45
Median 3Y
1
Median 5Y
1.1
Industry
1.1
More Details

Multiples Across Competitors

Competitors Multiples
Belc Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
JP
Belc Co Ltd
TSE:9974
135.7B JPY 0.4 13.6 6.7 10.1
ZA
Shoprite Holdings Ltd
JSE:SHP
161.3B Zac 0 0 0 0
CA
Alimentation Couche-Tard Inc
TSX:ATD
73.1B CAD 0.7 19.6 10.8 16.4
US
Kroger Co
NYSE:KR
43B USD 0.3 15.5 7 12.4
CA
Loblaw Companies Ltd
TSX:L
56.9B CAD 0.9 25.3 10.1 17.6
JP
Seven & i Holdings Co Ltd
TSE:3382
6.5T JPY 0.5 32.9 8.6 18.5
ZA
Pick N Pay Stores Ltd
JSE:PIK
32.4B Zac 0 0 0 0
NL
Koninklijke Ahold Delhaize NV
AEX:AD
30.7B EUR 0.3 16.7 6.5 14.9
UK
Tesco PLC
LSE:TSCO
24.7B GBP 0.4 18.8 7.1 11.4
IN
Avenue Supermarts Ltd
NSE:DMART
2.4T INR 4.4 89.3 54.5 66.6
AU
Woolworths Group Ltd
ASX:WOW
37B AUD 0.5 342.4 31 31
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
JP
Belc Co Ltd
TSE:9974
Average EV/EBITDA: 15.8
6.7
9%
0.7
ZA
S
Shoprite Holdings Ltd
JSE:SHP
Not Available
8%
N/A
CA
Alimentation Couche-Tard Inc
TSX:ATD
10.8
8%
1.3
US
Kroger Co
NYSE:KR
7
10%
0.7
CA
Loblaw Companies Ltd
TSX:L
10.1
5%
2
JP
Seven & i Holdings Co Ltd
TSE:3382
8.6
1%
8.6
ZA
P
Pick N Pay Stores Ltd
JSE:PIK
Not Available
21%
N/A
NL
Koninklijke Ahold Delhaize NV
AEX:AD
6.5
5%
1.3
UK
Tesco PLC
LSE:TSCO
7.1
4%
1.8
IN
Avenue Supermarts Ltd
NSE:DMART
54.5
21%
2.6
AU
Woolworths Group Ltd
ASX:WOW
31
61%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
JP
Belc Co Ltd
TSE:9974
Average EV/EBIT: 22.1
10.1
N/A N/A
ZA
S
Shoprite Holdings Ltd
JSE:SHP
Not Available
13%
N/A
CA
Alimentation Couche-Tard Inc
TSX:ATD
16.4
9%
1.8
US
Kroger Co
NYSE:KR
12.4
16%
0.8
CA
Loblaw Companies Ltd
TSX:L
17.6
11%
1.6
JP
Seven & i Holdings Co Ltd
TSE:3382
18.5
-4%
N/A
ZA
P
Pick N Pay Stores Ltd
JSE:PIK
Not Available
109%
N/A
NL
Koninklijke Ahold Delhaize NV
AEX:AD
14.9
13%
1.1
UK
Tesco PLC
LSE:TSCO
11.4
6%
1.9
IN
Avenue Supermarts Ltd
NSE:DMART
66.6
21%
3.2
AU
Woolworths Group Ltd
ASX:WOW
31
31%
1

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 216,100+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.