Valuation Keyence Corporation

Stocks

6861

JP3236200006

Electronic Equipment & Parts

Market Closed - Japan Exchange 04:30:00 25/08/26 pm AEST			5-day change	1st Jan Change
82,250.00 ^JPY	+1.67%		-5.19%	+45.11%

04/08	Daiwa Upgrades Keyence to Outperform from Neutral; Price Target is 95,000 Yen	MT
29/07	Japan's Nikkei hits two-month low after chip rout	RE

Company Valuation: Keyence Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	13,290,446	14,612,193	17,289,660	14,777,076	14,328,389	19,947,688	-	-
Change	-	9.95%	18.32%	-14.53%	-3.04%	39.22%	-	-
Enterprise Value (EV) ¹	12,285,874	13,671,735	16,156,884	13,557,842	12,834,500	18,219,337	18,004,175	17,725,009
Change	-	11.28%	18.18%	-16.09%	-5.34%	41.96%	-1.18%	-1.55%
P/E	43.8x	40.3x	46.8x	37.1x	32.2x	35.3x	31.6x	28.5x
PBR	6.11x	5.86x	6.16x	4.75x	4.13x	5.15x	4.63x	4.16x
PEG	-	2.1x	25.43x	4.73x	2.8x	1.3x	2.7x	2.6x
Capitalization / Revenue	17.6x	15.8x	17.9x	14x	12.3x	13.8x	12.3x	11.1x
EV / Revenue	16.3x	14.8x	16.7x	12.8x	11x	12.6x	11.1x	9.9x
EV / EBITDA	28.8x	26.8x	31.8x	24x	20.9x	23x	20.3x	18.1x
EV / EBIT	29.4x	27.4x	32.6x	24.7x	21.5x	23.6x	20.8x	18.5x
EV / FCF	47.2x	95x	111x	34.3x	108x	56.4x	40.2x	33.5x
FCF Yield	2.12%	1.05%	0.9%	2.91%	0.92%	1.77%	2.49%	2.98%
Dividend per Share ²	200	300	300	350	550	641.4	738.6	837.5
Rate of return	0.36%	0.5%	0.42%	0.57%	0.93%	0.78%	0.9%	1.02%
EPS ²	1,251	1,497	1,524	1,644	1,836	2,329	2,606	2,888
Distribution rate	16%	20%	19.7%	21.3%	30%	27.5%	28.3%	29%
Net sales ¹	755,174	922,422	967,288	1,059,145	1,169,289	1,448,044	1,624,004	1,790,116
EBITDA ¹	426,666	510,437	508,781	564,968	612,986	792,795	886,825	978,099
EBIT ¹	418,045	498,914	495,014	549,775	595,759	772,864	866,378	956,892
Net income ¹	303,360	362,963	369,642	398,656	445,185	564,506	630,407	696,837
Net Debt ¹	-1,004,572	-940,458	-1,132,776	-1,219,234	-1,493,889	-1,728,351	-1,943,513	-2,222,679
Reference price ²	54,800.00	60,250.00	71,290.00	60,930.00	59,080.00	82,250.00	82,250.00	82,250.00
Nbr of stocks (in thousands)	242,526	242,526	242,526	242,525	242,525	242,525	-	-
Announcement Date	27/4/22	27/4/23	25/4/24	25/4/25	24/4/26	-	-	-

¹JPY in Million²JPY

Estimates

P/E, 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	34.73x	12.36x	22.57x	0.79%	123B
SHENGYI TECHNOLOGY CO.,LTD.	40.69x	6.8x	29.36x	1.93%	45.63B
FLEX LTD.	25.92x	1.2x	13.8x	-.--%	39.4B
TDK CORPORATION	23.28x	1.96x	9.46x	1.32%	36.3B
TELEDYNE TECHNOLOGIES INCORPORATED	29.92x	4.55x	18.16x	-.--%	28.98B
KYOCERA CORPORATION	30.21x	2.12x	14.69x	1.56%	29.18B
HEXAGON AB	11.27x	6.27x	17.47x	1.34%	28.49B
HALMA PLC	31.01x	4.76x	19.01x	0.74%	18.31B
ZEBRA TECHNOLOGIES CORPORATION	24.4x	3.11x	13.03x	-.--%	17.19B
LINGYI ITECH (GUANGDONG) COMPANY	31.16x	1.52x	13.93x	0.46%	13.71B
Average	28.26x	4.47x	17.15x	0.82%	38.05B
Weighted average by Cap.	30.20x	6.54x	18.99x	0.89%