Valuation Keyence Corporation

Equities

6861

JP3236200006

Electronic Equipment & Parts

Market Closed - Japan Exchange Other stock markets 06:30:00 15/01/2026 GMT			5-day change	1st Jan Change
60,910.00 ^JPY	+3.54%		+8.88%	+7.46%

12-18	JPMorgan Japanese beats benchmark amid exposure to new growth areas	AN
11-07	Jefferies Adjusts Keyence's Price Target to 71,900 Yen From 72,700 Yen, Keeps at Buy	MT

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	14,267,757	-	-
Change	-	3.59%	9.95%	18.32%	-14.53%	-3.45%	-	-
Enterprise Value (EV) ¹	11,899,671	12,285,874	13,671,735	16,156,884	13,557,842	12,576,443	12,306,408	11,983,325
Change	-	3.25%	11.28%	18.18%	-16.09%	-7.24%	-2.15%	-2.63%
P/E ratio	65x	43.8x	40.3x	46.8x	37.1x	33.7x	29.6x	26.8x
PBR	6.71x	6.11x	5.86x	6.16x	4.75x	4.18x	3.79x	3.44x
PEG	-	0.8x	2.1x	25.43x	4.73x	5.44x	2.2x	2.5x
Capitalization / Revenue	23.8x	17.6x	15.8x	17.9x	14x	12.5x	11.2x	10.2x
EV / Revenue	22.1x	16.3x	14.8x	16.7x	12.8x	11x	9.7x	8.61x
EV / EBITDA	41.9x	28.8x	26.8x	31.8x	24x	21x	18.1x	15.9x
EV / EBIT	43x	29.4x	27.4x	32.6x	24.7x	21.7x	18.6x	16.3x
EV / FCF	63.2x	47.2x	95x	111x	34.3x	37.7x	32x	26.6x
FCF Yield	1.58%	2.12%	1.05%	0.9%	2.91%	2.65%	3.13%	3.76%
Dividend per Share ²	200	200	300	300	350	501	537.4	589.1
Rate of return	0.38%	0.36%	0.5%	0.42%	0.57%	0.85%	0.91%	1%
EPS ²	813.5	1,251	1,497	1,524	1,644	1,746	1,984	2,199
Distribution rate	24.6%	16%	20%	19.7%	21.3%	28.7%	27.1%	26.8%
Net sales ¹	538,134	755,174	922,422	967,288	1,059,145	1,138,148	1,269,016	1,392,270
EBITDA ¹	284,313	426,666	510,437	508,781	564,968	598,711	679,179	752,352
EBIT ¹	276,758	418,045	498,914	495,014	549,775	580,666	660,187	733,004
Net income ¹	197,289	303,360	362,963	369,642	398,656	423,467	481,266	533,332
Net Debt ¹	-929,998	-1,004,572	-940,458	-1,132,776	-1,219,234	-1,691,314	-1,961,349	-2,284,432
Reference price ²	52,900.00	54,800.00	60,250.00	71,290.00	60,930.00	58,830.00	58,830.00	58,830.00
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	-	-	-

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.($)
KEYENCE CORPORATION	33.7x	11.05x	21.01x	0.85%	90.17B
HEXAGON AB	39.64x	5.48x	16.5x	1.51%	31.25B
TELEDYNE TECHNOLOGIES INCORPORATED	31.13x	4.5x	18.5x	-.--%	26.41B
TDK CORPORATION	20.3x	1.56x	7.9x	1.55%	24.5B
FLEX LTD.	24.21x	0.93x	11.43x	-.--%	23.6B
SHENGYI TECHNOLOGY CO.,LTD.	46.15x	5.76x	31.14x	1.44%	23.28B
KYOCERA CORPORATION	32.05x	1.41x	13.09x	2.23%	19.38B
HALMA PLC	36.07x	5.57x	22.38x	0.72%	18.36B
DUPONT DE NEMOURS, INC.	-93.24x	2.95x	12.55x	3.38%	17.97B
LINGYI ITECH (GUANGDONG) COMPANY	46x	2.37x	21.48x	0.18%	17.02B
Average	21.60x	4.16x	17.60x	1.19%	29.2B
Weighted average by Cap.	26.15x	5.83x	18.30x	1.08%