Kirin Holdings Company, Limited

TSE:2503 Stock Report

Market Cap: JP¥2.2t

Kirin Holdings Company Valuation

Is 2503 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 2503 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 2503 (¥2775) is trading below our estimate of future cash flow value (¥5345.64)

Significantly Below Future Cash Flow Value: 2503 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2503?

Key metric: As 2503 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2503. This is calculated by dividing 2503's market cap by their current earnings.
What is 2503's PE Ratio?
PE Ratio11.3x
EarningsJP¥196.43b
Market CapJP¥2.21t

Price to Earnings Ratio vs Peers

How does 2503's PE Ratio compare to its peers?

The above table shows the PE ratio for 2503 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.3x
2502 Asahi Group Holdings
14.3x6.80%JP¥2.3t
2501 Sapporo Breweries
85.9x-35.54%JP¥716.8b
409A Orion Breweries
17.6x6.14%JP¥49.4b
2587 Suntory Beverage & Food
15.4x3.94%JP¥1.4t
2503 Kirin Holdings Company
11.3x0.52%JP¥2.2t

Price-To-Earnings vs Peers: 2503 is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (33.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 2503's PE Ratio compare vs other companies in the Asian Beverage Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2503 11.3xIndustry Avg. 16.7xNo. of Companies22PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2503 is good value based on its Price-To-Earnings Ratio (11.3x) compared to the Asian Beverage industry average (16.9x).

Price to Earnings Ratio vs Fair Ratio

What is 2503's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2503 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ratio21.1x

Price-To-Earnings vs Fair Ratio: 2503 is good value based on its Price-To-Earnings Ratio (11.3x) compared to the estimated Fair Price-To-Earnings Ratio (21.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 2503 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥2,775.00
JP¥2,967.80
+6.95%
13.00%JP¥3,867.00JP¥2,550.00n/a15
Sep ’27JP¥3,061.00
JP¥2,967.80
-3.04%
13.00%JP¥3,867.00JP¥2,550.00n/a15
Aug ’27JP¥2,953.00
JP¥2,765.63
-6.35%
7.39%JP¥3,250.00JP¥2,400.00n/a16
Jul ’27JP¥2,734.00
JP¥2,756.25
+0.81%
7.64%JP¥3,250.00JP¥2,400.00n/a16
Jun ’27JP¥2,612.50
JP¥2,728.13
+4.43%
7.39%JP¥3,150.00JP¥2,400.00n/a16
May ’27JP¥2,498.00
JP¥2,708.00
+8.41%
7.10%JP¥3,150.00JP¥2,350.00n/a15
Apr ’27JP¥2,602.50
JP¥2,658.57
+2.15%
9.44%JP¥3,200.00JP¥2,200.00n/a14
Mar ’27JP¥2,707.00
JP¥2,630.00
-2.84%
9.73%JP¥3,200.00JP¥2,200.00n/a14
Feb ’27JP¥2,392.00
JP¥2,567.86
+7.35%
10.91%JP¥3,200.00JP¥2,200.00n/a14
Jan ’27JP¥2,348.00
JP¥2,539.29
+8.15%
11.68%JP¥3,200.00JP¥2,150.00n/a14
Dec ’26JP¥2,445.50
JP¥2,488.46
+1.76%
9.72%JP¥3,100.00JP¥2,150.00n/a13
Nov ’26JP¥2,164.50
JP¥2,411.54
+11.41%
11.18%JP¥3,100.00JP¥2,100.00n/a13
Oct ’26JP¥2,150.50
JP¥2,380.14
+10.68%
11.39%JP¥3,100.00JP¥2,100.00n/a14
Sep ’26JP¥2,163.50
JP¥2,283.71
+5.56%
8.82%JP¥2,700.00JP¥1,950.00JP¥3,061.0014
Aug ’26JP¥1,991.00
JP¥2,270.92
+14.06%
8.04%JP¥2,700.00JP¥1,950.00JP¥2,953.0013
Jul ’26JP¥2,019.00
JP¥2,272.67
+12.56%
8.35%JP¥2,700.00JP¥1,950.00JP¥2,734.0012
Jun ’26JP¥2,072.00
JP¥2,272.67
+9.68%
8.35%JP¥2,700.00JP¥1,950.00JP¥2,612.5012
May ’26JP¥2,162.00
JP¥2,255.54
+4.33%
8.64%JP¥2,700.00JP¥1,900.00JP¥2,498.0013
Apr ’26JP¥2,073.00
JP¥2,206.00
+6.42%
6.74%JP¥2,500.00JP¥1,900.00JP¥2,602.5012
Mar ’26JP¥2,026.50
JP¥2,220.83
+9.59%
6.66%JP¥2,500.00JP¥2,000.00JP¥2,707.0012
Feb ’26JP¥1,964.50
JP¥2,237.50
+13.90%
7.19%JP¥2,600.00JP¥2,000.00JP¥2,392.0012
Jan ’26JP¥2,049.00
JP¥2,285.00
+11.52%
6.64%JP¥2,600.00JP¥2,000.00JP¥2,348.0010
Dec ’25JP¥2,089.50
JP¥2,281.82
+9.20%
5.93%JP¥2,600.00JP¥2,100.00JP¥2,445.5011
Nov ’25JP¥2,223.50
JP¥2,281.82
+2.62%
5.93%JP¥2,600.00JP¥2,100.00JP¥2,164.5011
Oct ’25JP¥2,180.00
JP¥2,277.27
+4.46%
6.02%JP¥2,600.00JP¥2,100.00JP¥2,150.5011
Sep ’25JP¥2,202.50
JP¥2,268.18
+2.98%
6.66%JP¥2,600.00JP¥2,000.00JP¥2,163.5011
JP¥2.97k
Fair Value
6.5% undervalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 09:02
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kirin Holdings Company, Limited is covered by 27 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takayuki HayanoBarclays
Euan Grant McleishBernstein
Manabu SumogeBofA Global Research