Company Valuation: Canon Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,929,211 2,899,801 3,575,836 4,871,959 4,070,674 3,665,603 - -
Change - -1% 23.31% 36.25% -16.45% -9.95% - -
Enterprise Value (EV) 1 2,749,080 2,944,208 3,588,005 4,889,024 4,430,852 3,989,970 3,939,151 3,811,916
Change - 7.1% 21.87% 36.26% -9.37% -9.95% -1.27% -3.23%
P/E 13.6x 12.1x 13.7x 31.2x 12.6x 12x 10.6x 9.95x
PBR 1.02x 0.93x 1.07x 1.48x 1.17x 1.04x 1x 0.94x
PEG - 0.8x 1.2x -0.8x 0x -6.84x 0.8x 1.5x
Capitalization / Revenue 0.83x 0.72x 0.86x 1.08x 0.88x 0.77x 0.75x 0.73x
EV / Revenue 0.78x 0.73x 0.86x 1.08x 0.96x 0.84x 0.8x 0.76x
EV / EBITDA 5.46x 5.08x 5.84x 9.49x 6.38x 5.87x 5.41x 4.99x
EV / EBIT 9.75x 8.33x 9.56x 17.5x 9.73x 8.97x 7.97x 7.29x
EV / FCF 10x 36x 20.4x 13.9x 19.6x 14.4x 13x 11.7x
FCF Yield 9.96% 2.78% 4.9% 7.17% 5.11% 6.92% 7.67% 8.51%
Dividend per Share 2 100 120 140 155 160 162.6 171.8 179.1
Rate of return 3.57% 4.2% 3.87% 3% 3.45% 3.77% 3.98% 4.15%
EPS 2 205.4 236.7 264.2 165.5 367.5 361 406.8 433.7
Distribution rate 48.7% 50.7% 53% 93.6% 43.5% 45% 42.2% 41.3%
Net sales 1 3,513,357 4,031,414 4,180,972 4,509,821 4,624,727 4,771,982 4,903,992 5,000,128
EBITDA 1 503,164 579,891 614,042 515,219 694,626 679,366 728,588 763,200
EBIT 1 281,918 353,399 375,366 279,754 455,390 444,960 494,493 522,644
Net income 1 214,718 243,961 264,513 160,025 332,053 313,268 345,947 363,556
Net Debt 1 -180,131 44,407 12,169 17,065 360,178 324,367 273,548 146,314
Reference price 2 2,801.00 2,855.50 3,620.00 5,161.00 4,633.00 4,316.00 4,316.00 4,316.00
Nbr of stocks (in thousands) 1,045,773 1,015,514 987,800 943,995 878,626 849,306 - -
Announcement Date 27/1/22 30/1/23 30/1/24 30/1/25 29/1/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.86x - - 2.73% 5.76B
12.41x0.43x5.2x3.09% 5.13B
11.09x2.2x7.22x2.11% 2.28B
17.26x0.82x9.63x1.9% 1.9B
9.9x0.39x4.08x2.62% 1.79B
14.15x - - 1.86% 949M
10.19x - - 3.5% 474M
27.88x0.61x5.88x2.01% 349M
Average 14.72x 0.89x 6.40x 2.48% 2.33B
Weighted average by Cap. 13.58x 0.85x 6.18x 2.62%

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