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 3,953,289 - -
Change - -1% 23.31% 36.25% -16.45% -2.88% - -
Enterprise Value (EV) 1 2,749,080 2,944,208 3,588,005 4,889,024 4,430,852 4,252,700 4,224,409 4,090,476
Change - 7.1% 21.87% 36.26% -9.37% -4.02% -0.67% -3.17%
P/E 13.6x 12.1x 13.7x 31.2x 12.6x 12.4x 12x 11.2x
PBR 1.02x 0.93x 1.07x 1.48x 1.17x 1.14x 1.08x 1.02x
PEG - 0.8x 1.2x -0.8x 0x 4.61x 3.15x 1.6x
Capitalization / Revenue 0.83x 0.72x 0.86x 1.08x 0.88x 0.83x 0.81x 0.79x
EV / Revenue 0.78x 0.73x 0.86x 1.08x 0.96x 0.9x 0.86x 0.82x
EV / EBITDA 5.46x 5.08x 5.84x 9.49x 6.38x 6.16x 5.93x 5.46x
EV / EBIT 9.75x 8.33x 9.56x 17.5x 9.73x 9.36x 8.94x 8.15x
EV / FCF 10x 36x 20.4x 13.9x 19.6x 17.1x 13.8x 13.4x
FCF Yield 9.96% 2.78% 4.9% 7.17% 5.11% 5.85% 7.26% 7.45%
Dividend per Share 2 100 120 140 155 160 159.6 166.2 171
Rate of return 3.57% 4.2% 3.87% 3% 3.45% 3.4% 3.54% 3.64%
EPS 2 205.4 236.7 264.2 165.5 367.5 377.4 391.7 419.2
Distribution rate 48.7% 50.7% 53% 93.6% 43.5% 42.3% 42.4% 40.8%
Net sales 1 3,513,357 4,031,414 4,180,972 4,509,821 4,624,727 4,749,997 4,905,363 5,002,194
EBITDA 1 503,164 579,891 614,042 515,219 694,626 690,058 712,660 749,300
EBIT 1 281,918 353,399 375,366 279,754 455,390 454,290 472,511 501,800
Net income 1 214,718 243,961 264,513 160,025 332,053 330,454 329,995 347,804
Net Debt 1 -180,131 44,407 12,169 17,065 360,178 299,412 271,120 137,187
Reference price 2 2,801.00 2,855.50 3,620.00 5,161.00 4,633.00 4,697.00 4,697.00 4,697.00
Nbr of stocks (in thousands) 1,045,773 1,015,514 987,800 943,995 878,626 833,324 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.45x0.89x6.11x3.4% 24.8B
37.02x8.6x27.26x-.--% 34.44B
20.9x1.95x11.39x1.6% 8.14B
12.08x0.99x5.64x2.46% 7.44B
15.14x0.5x6.05x2.37% 6.63B
17.92x - - 2.34% 5.14B
54.16x3.46x21.03x1.18% 3.81B
212.84x - - - 2.74B
28.11x7.61x18.33x0.98% 2.56B
11.05x2.14x6.97x2.21% 2.26B
Average 42.17x 3.27x 12.85x 1.84% 9.8B
Weighted average by Cap. 29.84x 4.24x 15.63x 1.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Canon Inc.

Historical PBR trend

Valuation ratios - PBR - Canon Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Canon Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Canon Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Canon Inc.
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