Valuation DENSO Corporation

Equities

6902

JP3551500006

Auto, Truck & Motorcycle Parts

Delayed Japan Exchange Other stock markets 06:30:00 12/02/2026 GMT			5-day change	1st Jan Change
2,156.00 ^JPY	+0.37%		+3.23%	-0.09%

02-08	Japan Monozukuri Mirai Investment Limited Partnership, a fund managed by SPARX Group Co., Ltd. completed the acquisition of 56.65% stake in Sawafuji Electric Co.,Ltd. from Honda Motor Co., Ltd., DENSO Corporation and others for ¥3.2 billion.	CI
02-04	TSMC to mass-produce 3-nanometre chips at Japan's Kumamoto plant, invest about $17 billion, Yomiuri reports	RE

Company Valuation: DENSO Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	5,692,959	5,999,765	5,573,487	8,513,199	5,219,690	5,782,301	-	-
Change	-	5.39%	-7.1%	52.74%	-38.69%	10.78%	-	-
Enterprise Value (EV) ¹	5,634,259	6,105,662	5,783,278	8,574,530	4,932,543	5,497,667	5,505,743	5,459,683
Change	-	8.37%	-5.28%	48.26%	-42.47%	11.46%	0.15%	-0.84%
P/E ratio	45.5x	22.9x	17.9x	27.5x	12.7x	13x	10.9x	9.97x
PBR	1.46x	1.4x	1.27x	1.52x	1.04x	1.15x	1.1x	1.04x
PEG	-	0x	0.8x	29.56x	0.3x	0.9x	0.6x	1.1x
Capitalization / Revenue	1.15x	1.09x	0.87x	1.19x	0.73x	0.79x	0.77x	0.75x
EV / Revenue	1.14x	1.11x	0.9x	1.2x	0.69x	0.75x	0.73x	0.71x
EV / EBITDA	11.5x	8.88x	7.31x	11.4x	5.51x	5.79x	5.13x	4.78x
EV / EBIT	36.3x	17.9x	13.6x	22.5x	9.5x	9.37x	8.17x	7.52x
EV / FCF	-72.4x	64.9x	24.2x	18x	7.75x	12.1x	11.9x	10.9x
FCF Yield	-1.38%	1.54%	4.13%	5.55%	12.9%	8.28%	8.39%	9.14%
Dividend per Share ²	35	41.25	46.25	55	64	64.84	71.17	76.22
Rate of return	1.91%	2.1%	2.49%	1.91%	3.47%	3.02%	3.31%	3.55%
EPS ²	40.35	85.69	104	105	145	165.4	197.6	215.5
Distribution rate	86.7%	48.1%	44.5%	52.4%	44.1%	39.2%	36%	35.4%
Net sales ¹	4,936,725	5,515,512	6,401,320	7,144,733	7,161,777	7,295,876	7,500,333	7,720,122
EBITDA ¹	490,685	687,705	790,734	754,868	895,546	949,107	1,072,793	1,142,407
EBIT ¹	155,107	341,179	426,099	380,599	518,953	586,990	673,893	726,235
Net income ¹	125,055	263,901	314,633	312,791	419,081	452,466	514,619	551,142
Net Debt ¹	-58,700	105,897	209,791	61,331	-287,147	-284,634	-276,558	-322,618
Reference price ²	1,836.75	1,965.00	1,860.75	2,883.00	1,844.00	2,148.00	2,148.00	2,148.00
Nbr of stocks (in thousands)	3,099,474	3,053,316	2,995,290	2,952,896	2,830,635	2,691,947	-	-
Announcement Date	28/04/21	28/04/22	27/04/23	26/04/24	25/04/25	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
DENSO CORPORATION	12.99x	0.75x	5.79x	3.02%	37.72B
SUMITOMO ELECTRIC INDUSTRIES, LTD.	23.4x	1.47x	12.35x	1.42%	44.4B
WEICHAI POWER CO., LTD.	18.08x	0.8x	6.35x	3.04%	32.31B
HYUNDAI MOBIS CO.,LTD	10.16x	0.62x	8.37x	1.48%	27.08B
FUYAO GLASS INDUSTRY GROUP CO., LTD.	16.32x	3.26x	11.36x	3.82%	22.57B
NINGBO TUOPU GROUP CO.,LTD.	40.42x	4.15x	24.15x	0.69%	18B
APTIV PLC	13.78x	1.06x	6.58x	-.--%	17.82B
CONTINENTAL AG	-47.8x	0.98x	7.44x	3.63%	16.85B
MAGNA INTERNATIONAL INC.	11.54x	0.49x	5.27x	3.36%	16.25B
SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED	33.16x	1.19x	13x	0.63%	15.14B
Average	13.20x	1.48x	10.07x	2.11%	24.81B
Weighted average by Cap.	14.56x	1.39x	9.73x	2.17%