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2413:TSEM3, Inc. Analysis

Data as of 2026-06-17 - not real-time

¥1,605.00

Latest Price

5/10Risk

Risk Level: Medium

Executive Summary

M3, Inc. trades around ¥1,605, which is roughly 21% below the DCF‑derived fair value of ¥2,042 and offers an estimated upside of 35%.
The stock’s forward P/E of 22.4 sits beneath the industry average of 24.7, while a solid 9.6% revenue growth and a 14% profit margin underscore a healthy earnings trajectory. Strong cash reserves of ¥156 bn against ¥33 bn of debt and a modest payout ratio of 30% suggest the 1.39% dividend is sustainable. Technicals are mixed: a bullish MACD, RSI at 61, and price comfortably above the support level of ¥1,365 signal momentum, yet decreasing volume and a neutral trend flag short‑term caution. Volatility is elevated at 38% over 30 days, but a low beta (~0.2) points to limited market‑wide risk. Overall, the company blends growth characteristics with attractive valuation and dividend stability, making it a compelling candidate for medium‑ to long‑term investors.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 7/10

Key Factors

  • Price near support but within a neutral trend
  • Bullish MACD and RSI indicating residual momentum
  • Decreasing volume and high short‑term volatility

Medium Term

1–3 years
Positive
Model confidence: 8/10

Key Factors

  • Undervalued price relative to DCF and industry P/E
  • Strong cash position and sustainable dividend
  • Continued revenue growth and solid operating margins

Long Term

> 3 years
Positive
Model confidence: 9/10

Key Factors

  • Long‑term upside potential of >30% based on fair‑value estimate
  • Stable healthcare information services sector with low cyclicality
  • Robust balance sheet and consistent earnings generation

Key Metrics & Analysis

Financial Health

Revenue Growth9.60%
Profit Margin13.97%
P/E Ratio22.1
ROE12.58%
ROA7.29%
Debt/Equity7.42
P/B Ratio2.6
Op. Cash Flow¥70.3B
Free Cash Flow¥62.6B
Industry P/E24.7

Technical Analysis

TrendNeutral
RSI61.4
Support¥1,365.50
Resistance¥1,666.50
MA 20¥1,523.05
MA 50¥1,509.98
MA 200¥1,934.80
MACDBullish
VolumeDecreasing
Fear & Greed Index92.48

Valuation

Fair Value¥2,042.51
Target Price¥2,178.33
Upside/Downside35.72%
GradeUndervalued
TypeBlend
Dividend Yield1.39%

Risk Assessment

Beta0.19
Volatility38.59%
Sector RiskLow
Reg. RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.