Company Valuation: Fanuc Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 5,022,747 4,151,942 4,535,956 3,957,551 3,789,060 6,345,484 - -
Change - -17.34% 9.25% -12.75% -4.26% 67.47% - -
Enterprise Value (EV) 1 4,435,963 3,550,727 4,006,728 3,418,472 3,182,556 5,700,841 5,657,445 5,588,237
Change - -19.96% 12.84% -14.68% -6.9% 79.13% -0.76% -1.22%
P/E ratio 53.4x 26.7x 26.7x 29.8x 25.8x 39.3x 34.1x 31.3x
PBR 3.52x 2.7x 2.81x 2.32x 2.2x 3.59x 3.45x 3.34x
PEG - 0.4x 2.6x -1.4x 2.1x 3.96x 2.2x 3.5x
Capitalization / Revenue 9.11x 5.66x 5.32x 4.98x 4.75x 7.49x 6.97x 6.6x
EV / Revenue 8.05x 4.84x 4.7x 4.3x 3.99x 6.73x 6.22x 5.81x
EV / EBITDA 28.1x 15.4x 16.7x 17.9x 15.5x 25.2x 22.1x 20.5x
EV / EBIT 39.4x 19.4x 20.9x 24.1x 20x 31.8x 27.2x 24.5x
EV / FCF 46.1x 49.6x 186x 21.6x 26.3x 35.8x 33x 29.4x
FCF Yield 2.17% 2.02% 0.54% 4.63% 3.81% 2.79% 3.03% 3.4%
Dividend per Share 2 58.81 97.14 107.1 84.14 94.39 106.3 119.5 131.1
Rate of return 1.12% 2.24% 2.25% 2.01% 2.32% 1.56% 1.76% 1.93%
EPS 2 98.02 161.9 178.6 140.2 157.3 172.9 199.3 217.1
Distribution rate 60% 60% 60% 60% 60% 61.4% 60% 60.4%
Net sales 1 551,287 733,008 851,956 795,274 797,100 846,785 909,874 961,764
EBITDA 1 157,616 230,317 240,548 190,920 205,200 226,002 255,641 272,891
EBIT 1 112,514 183,240 191,359 141,919 158,800 179,133 207,867 227,792
Net income 1 94,012 155,273 170,587 133,159 147,600 161,980 185,208 202,069
Net Debt 1 -586,784 -601,215 -529,228 -539,079 -606,504 -644,643 -688,038 -757,247
Reference price 2 5,237.00 4,329.00 4,760.00 4,185.00 4,060.00 6,800.00 6,800.00 6,800.00
Nbr of stocks (in thousands) 959,089 959,100 952,932 945,651 933,266 933,159 - -
Announcement Date 27/04/21 26/04/22 26/04/23 24/04/24 23/04/25 - - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.9x6.65x24.93x1.58% 40.24B
36.29x6.22x22.95x0.75% 124B
63.85x5.53x20.27x0.08% 38.87B
38.31x3.84x17.37x1.14% 34.13B
27.82x3.98x17.51x0.94% 30.86B
27.44x4.39x15.61x1.52% 26.98B
21.48x1.69x13.65x2.12% 26.48B
33.95x2.74x19.28x1.49% 24.46B
24.65x3.2x15.44x1.82% 23.61B
57x14.49x44.67x0.66% 23.6B
Average 36.97x 5.27x 21.17x 1.21% 39.28B
Weighted average by Cap. 37.59x 5.48x 21.47x 1.07%

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

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