Valuation Keyence Corporation

Equities

6861

JP3236200006

Electronic Equipment & Parts

Market Closed - Japan Exchange Other stock markets 07:30:00 13/05/2026 BST			5-day change	1st Jan Change
79,440.00 ^JPY	+0.23%		+3.90%	+40.16%

05-01	Japan Profits Rise as AI Boom Lifts Chip, Power Firms	MT
04-27	Japan's Nikkei closes above 60,000 for first time on earnings optimism	RE

Company Valuation: Keyence Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	12,829,669	13,290,446	14,612,193	17,289,660	14,777,076	19,266,197	-	-
Change	-	3.59%	9.95%	18.32%	-14.53%	30.38%	-	-
Enterprise Value (EV) ¹	11,899,671	12,285,874	13,671,735	16,156,884	13,557,842	17,878,582	17,530,782	17,306,209
Change	-	3.25%	11.28%	18.18%	-16.09%	31.87%	-1.95%	-1.28%
P/E ratio	65x	43.8x	40.3x	46.8x	37.1x	32.2x	38.4x	34.5x
PBR	6.71x	6.11x	5.86x	6.16x	4.75x	4.13x	5.08x	4.59x
PEG	-	0.8x	2.1x	25.43x	4.73x	2.8x	2.2x	3.1x
Capitalization / Revenue	23.8x	17.6x	15.8x	17.9x	14x	12.3x	14.6x	13.3x
EV / Revenue	22.1x	16.3x	14.8x	16.7x	12.8x	15.6x	13.3x	11.9x
EV / EBITDA	41.9x	28.8x	26.8x	31.8x	24x	30x	24.6x	22.1x
EV / EBIT	43x	29.4x	27.4x	32.6x	24.7x	30.9x	25.9x	22.7x
EV / FCF	63.2x	47.2x	95x	111x	34.3x	52.8x	41.4x	36.6x
FCF Yield	1.58%	2.12%	1.05%	0.9%	2.91%	1.89%	2.42%	2.73%
Dividend per Share ²	200	200	300	300	350	550	603.6	669.2
Rate of return	0.38%	0.36%	0.5%	0.42%	0.57%	0.93%	0.76%	0.84%
EPS ²	813.5	1,251	1,497	1,524	1,644	1,836	2,069	2,301
Distribution rate	24.6%	16%	20%	19.7%	21.3%	30%	29.2%	29.1%
Net sales ¹	538,134	755,174	922,422	967,288	1,059,145	1,169,289	1,316,434	1,450,701
EBITDA ¹	284,313	426,666	510,437	508,781	564,968	612,986	713,998	783,447
EBIT ¹	276,758	418,045	498,914	495,014	549,775	595,759	677,710	763,309
Net income ¹	197,289	303,360	362,963	369,642	398,656	445,185	496,183	556,925
Net Debt ¹	-929,998	-1,004,572	-940,458	-1,132,776	-1,219,234	-1,387,615	-1,735,415	-1,959,988
Reference price ²	52,900.00	54,800.00	60,250.00	71,290.00	60,930.00	79,440.00	79,440.00	79,440.00
Nbr of stocks (in thousands)	242,527	242,526	242,526	242,526	242,525	242,525	-	-
Announcement Date	28/04/21	27/04/22	27/04/23	25/04/24	25/04/25	24/04/26	-	-

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KEYENCE CORPORATION	45.08x	15.6x	29.88x	0.66%	122B
FLEX LTD.	56.78x	1.93x	23.32x	-.--%	51.36B
TDK CORPORATION	28.55x	2.19x	11.36x	1.11%	35.63B
SHENGYI TECHNOLOGY CO.,LTD.	35.28x	5.3x	25.43x	1.88%	30.62B
TELEDYNE TECHNOLOGIES INCORPORATED	31.13x	4.72x	18.89x	-.--%	29.29B
HEXAGON AB	10.5x	5.81x	11.22x	1.9%	27.13B
KYOCERA CORPORATION	32.92x	1.71x	14.61x	1.76%	23.78B
HALMA PLC	44.68x	6.89x	27.56x	0.57%	22.94B
DUPONT DE NEMOURS, INC.	28.63x	3.08x	12.59x	1.82%	20.72B
LINGYI ITECH (GUANGDONG) COMPANY	36.19x	1.8x	16.39x	0.47%	16.01B
Average	34.98x	4.90x	19.13x	1.02%	37.93B
Weighted average by Cap.	38.71x	7.45x	22.10x	0.87%