Company Valuation: DENSO Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,999,765 5,573,487 8,513,199 5,219,690 5,242,566 4,878,695 - -
Change - -7.1% 52.74% -38.69% 0.44% -6.94% - -
Enterprise Value (EV) 1 6,105,662 5,783,278 8,574,530 4,932,543 4,864,722 4,578,575 4,575,669 4,519,745
Change - -5.28% 48.26% -42.47% -1.37% -5.88% -0.06% -1.22%
P/E 22.9x 17.9x 27.5x 12.7x 12x 12.4x 10.7x 9.49x
PBR 1.4x 1.27x 1.52x 1.04x 0.95x 0.91x 0.86x 0.81x
PEG - 0.8x 29.56x 0.3x 1x -3.67x 0.7x 0.7x
Capitalization / Revenue 1.09x 0.87x 1.19x 0.73x 0.7x 0.63x 0.6x 0.58x
EV / Revenue 1.11x 0.9x 1.2x 0.69x 0.65x 0.59x 0.57x 0.54x
EV / EBITDA 8.88x 7.31x 11.4x 5.51x 5.23x 5.13x 4.52x 4.3x
EV / EBIT 17.9x 13.6x 22.5x 9.5x 8.8x 8.65x 7.65x 6.99x
EV / FCF 64.9x 24.2x 18x 7.75x 9.84x 10.5x 9.89x 9.39x
FCF Yield 1.54% 4.13% 5.55% 12.9% 10.2% 9.56% 10.1% 10.6%
Dividend per Share 2 41.25 46.25 55 64 67 73.44 78.81 85.1
Rate of return 2.1% 2.49% 1.91% 3.47% 3.44% 3.77% 4.05% 4.37%
EPS 2 85.69 104 105 145 163 157.4 181.7 205.1
Distribution rate 48.1% 44.5% 52.4% 44.1% 41.1% 46.6% 43.4% 41.5%
Net sales 1 5,515,512 6,401,320 7,144,733 7,161,777 7,539,975 7,796,606 8,098,366 8,386,976
EBITDA 1 687,705 790,734 754,868 895,546 930,612 893,068 1,012,322 1,050,205
EBIT 1 341,179 426,099 380,599 518,953 552,538 529,138 597,961 646,449
Net income 1 263,901 314,633 312,791 419,081 443,755 405,221 453,756 493,108
Net Debt 1 105,897 209,791 61,331 -287,147 -377,844 -300,120 -303,027 -358,950
Reference price 2 1,965.00 1,860.75 2,883.00 1,844.00 1,947.50 1,946.00 1,946.00 1,946.00
Nbr of stocks (in thousands) 3,053,316 2,995,290 2,952,896 2,830,635 2,691,947 2,507,038 - -
Announcement Date 28/04/22 27/04/23 26/04/24 25/04/25 28/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.47x1.32x10.15x1.88% 43.59B
16.53x0.74x5.44x3.52% 36.13B
10.77x0.66x8.45x1.38% 32.45B
12.36x0.59x5.13x3.77% 30.73B
15.24x2.8x9.72x3.98% 21.68B
11.03x0.52x5.13x2.81% 18.7B
31.46x1.24x13.12x0.58% 18.66B
12.97x1.33x6.9x4.22% 15.86B
47.74x5.22x36.49x0.76% 14.98B
Average 19.73x 1.60x 11.17x 2.54% 25.86B
Weighted average by Cap. 18.13x 1.36x 9.78x 2.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. 6902 Stock
  4. DNO Stock
  5. Valuation DENSO Corporation