Company Valuation: ORIX Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 2,853,231 2,496,074 3,798,509 3,503,942 4,880,583 6,539,844 - -
Change - -12.52% 52.18% -7.75% 39.29% 34% - -
Enterprise Value (EV) 6,765,089 6,982,733 8,813,673 8,464,757 9,967,478 6,539,844 6,539,844 6,539,844
Change - 3.22% 26.22% -3.96% 17.75% -34.39% 0% 0%
P/E 9.44x 9.41x 11.1x 10x 11.5x 7.64x 12.6x 11.4x
PBR 0.9x 0.76x 0.96x 0.86x 1.13x 1.31x 1.26x 1.19x
PEG - -0.9x 0.4x 3.25x 0.4x 0.1x -0.3x 1.1x
Capitalization / Revenue 1.13x 0.94x 1.35x 1.22x 1.47x 1.91x 1.82x 1.69x
EV / Revenue 0x 0x 0x 0x 0x 1.91x 1.82x 1.69x
EV / EBITDA 0x 0x 0x 0x 0x 15.5x 13.3x 12.5x
EV / EBIT 0x 0x 0x 0x 0x 12.9x 13.2x 11.9x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 85.6 85.6 98.6 120 156.1 195.2 194.1 207.6
Rate of return 3.5% 3.93% 2.99% 3.89% 3.39% 3.27% 3.25% 3.48%
EPS 2 259.4 231.4 298.6 307.7 400.3 781.1 472.8 522.3
Distribution rate 33% 37% 33% 39% 39% 25% 41% 39.7%
Net sales 1 2,520,365 2,666,373 2,814,361 2,874,821 3,330,831 3,424,221 3,594,709 3,875,320
EBITDA 1 632,434 667,422 724,955 731,353 861,039 422,686 491,510 524,977
EBIT 1 302,083 313,988 360,713 331,826 456,248 508,094 496,095 550,407
Net income 1 312,135 273,075 346,132 351,630 447,265 863,180 493,735 531,138
Net Debt 3,911,858 4,486,659 5,015,164 4,960,815 5,086,895 - - -
Reference price 2 2,447.50 2,176.50 3,299.00 3,084.00 4,607.00 5,971.00 5,971.00 5,971.00
Nbr of stocks (in thousands) 1,165,774 1,146,829 1,151,412 1,136,168 1,059,384 1,095,268 - -
Announcement Date 11/5/22 10/5/23 8/5/24 12/5/25 11/5/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.38x3.47x9.49x3.1% 63.11B
7.64x - - 3.27% 41.62B
12.52x - - 2.24% 14B
7.75x0.93x - 3.33% 13.01B
11.91x0.79x - 2.05% 8.56B
7.91x - - 6.71% 6.89B
20.63x24.41x78x2.26% 4.39B
-77.02x2.62x13.91x1.48% 4.11B
Average 1.22x 6.44x 33.80x 3.06% 19.46B
Weighted average by Cap. 10.82x 3.82x 13.95x 3.12%

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

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