Company Valuation: HOYA Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,121,819 5,171,784 6,568,676 5,751,253 8,941,378 8,075,180 - -
Change - 0.98% 27.01% -12.44% 55.47% -9.69% - -
Enterprise Value (EV) 1 4,724,015 4,790,478 6,072,753 5,254,569 8,409,527 7,605,951 7,633,828 7,643,655
Change - 1.41% 26.77% -13.47% 60.04% -9.56% 0.37% 0.13%
P/E 31.4x 31x 36.4x 28.9x 35.7x 29.6x 26.3x 23.2x
PBR 6.37x 6.3x 6.79x 5.9x 8.73x 7.8x 7.59x 7.05x
PEG - 5.94x 3.74x 2.3x 1.3x 3.06x 2.1x 1.8x
Capitalization / Revenue 7.74x 7.15x 8.61x 6.64x 9.43x 7.74x 7.19x 6.65x
EV / Revenue 7.14x 6.62x 7.96x 6.07x 8.87x 7.29x 6.79x 6.29x
EV / EBITDA 19.4x 18.4x 15.1x 13.9x 24.5x 18.8x 17.1x 15.2x
EV / EBIT 23.6x 22.7x 17.2x 15.9x 29.5x 22.4x 20.1x 18x
EV / FCF 29.4x 31x 32.5x 30.2x 39.5x 30.5x 30x 27x
FCF Yield 3.4% 3.22% 3.08% 3.32% 2.53% 3.28% 3.33% 3.7%
Dividend per Share 2 110 110 110 160 295 325.9 366.7 416.8
Rate of return 0.78% 0.76% 0.59% 0.95% 1.11% 1.35% 1.52% 1.73%
EPS 2 446.4 469.8 515.5 581.4 743.9 815.8 918.9 1,039
Distribution rate 24.6% 23.4% 21.3% 27.5% 39.7% 40% 39.9% 40.1%
Net sales 1 661,466 723,582 762,610 866,032 947,749 1,043,386 1,123,764 1,215,014
EBITDA 1 243,353 260,371 401,017 378,331 343,459 404,098 447,130 501,965
EBIT 1 200,334 210,756 353,802 329,754 285,241 339,473 380,091 423,739
Net income 1 164,507 168,638 181,377 202,101 253,085 271,136 302,539 337,143
Net Debt 1 -397,804 -381,306 -495,923 -496,684 -531,851 -469,228 -441,352 -431,525
Reference price 2 14,030.00 14,560.00 18,740.00 16,780.00 26,550.00 24,140.00 24,140.00 24,140.00
Nbr of stocks (in thousands) 365,062 355,205 350,516 342,745 336,775 334,514 - -
Announcement Date 06/05/22 08/05/23 15/05/24 01/05/25 30/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.59x7.29x18.82x1.35% 51.75B
31.08x4.2x16.15x2.37% 187B
19.92x3.63x12.95x3.01% 120B
18.12x0.21x13.19x0.72% 63.15B
35.6x3.43x11.76x2.12% 50.32B
35.23x6.2x19.45x-.--% 33.17B
47.24x1.35x12.52x0.2% 32.1B
39.65x6.94x24.91x0.27% 23.93B
18.12x2.89x10.23x1.53% 22.99B
24.19x3.65x12.83x1.19% 21.9B
Average 29.87x 3.98x 15.28x 1.28% 60.72B
Weighted average by Cap. 28.44x 3.87x 15.06x 1.82%

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. 7741 Stock
  4. Valuation HOYA Corporation