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TOPPAN Holdings Inc
SWB:TPX

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TOPPAN Holdings Inc
SWB:TPX
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Price: 23.4 EUR 1.74% Market Closed
Market Cap: €4.6B

EV/IC

0.5
Current
78%
More Expensive
vs 3-y average of 0.3

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.5
=
Enterprise Value
€5.8B
/
Invested Capital
¥1.9T

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.5
=
Enterprise Value
€5.8B
/
Invested Capital
¥1.9T

Valuation Scenarios

TOPPAN Holdings Inc is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.3), the stock would be worth €13.13 (44% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-58%
Maximum Upside
+132%
Average Upside
31%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.5 €23.4
0%
3-Year Average 0.3 €13.13
-44%
5-Year Average 0.2 €9.82
-58%
Industry Average 1.1 €54.36
+132%
Country Average 1 €45.44
+94%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
JP
TOPPAN Holdings Inc
SWB:TPX
4.6B EUR 0.5 11.3
JP
Toppan Inc
TSE:7911
1.4T JPY 0.8 19.2
JP
Dai Nippon Printing Co Ltd
TSE:7912
1.3T JPY 0.9 19.4
US
Brady Corp
NYSE:BRC
3.9B USD 2.4 19.1
IE
Cimpress PLC
NASDAQ:CMPR
2.3B USD 2.5 97.7
ZA
Novus Holdings Ltd
JSE:NVS
1.7B ZAR 0.5 6.9
US
Deluxe Corp
NYSE:DLX
1.4B USD 1.1 17.5
CN
Hongbo Co Ltd
SZSE:002229
8.1B CNY 4.3 -55.8
JP
Toppan Forms Co Ltd
TSE:7862
172B JPY 0.8 35.6
CN
Sichuan Jinshi Technology Co Ltd
SZSE:002951
6.1B CNY 3.7 866.6
US
RR Donnelley & Sons Co
F:DLLN
666m EUR 1 209
P/E Multiple
Earnings Growth PEG
JP
TOPPAN Holdings Inc
SWB:TPX
Average P/E: 130.2
11.3
3%
3.8
JP
Toppan Inc
TSE:7911
19.2
3%
6.4
JP
Dai Nippon Printing Co Ltd
TSE:7912
19.4
-2%
N/A
US
Brady Corp
NYSE:BRC
19.1
16%
1.2
IE
Cimpress PLC
NASDAQ:CMPR
97.7
122%
0.8
ZA
N
Novus Holdings Ltd
JSE:NVS
6.9
N/A N/A
US
Deluxe Corp
NYSE:DLX
17.5
N/A N/A
CN
H
Hongbo Co Ltd
SZSE:002229
Negative Multiple: -55.8 N/A N/A
JP
Toppan Forms Co Ltd
TSE:7862
35.6
N/A N/A
CN
S
Sichuan Jinshi Technology Co Ltd
SZSE:002951
866.6
N/A N/A
US
R
RR Donnelley & Sons Co
F:DLLN
209
N/A N/A

Market Distribution

Lower than 86% of companies in Japan
Percentile
14th
Based on 5 142 companies
14th percentile
0.5
Low
0 — 0.7
Typical Range
0.7 — 1.5
High
1.5 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1
70th Percentile 1.5
Max 23 050 349

TOPPAN Holdings Inc
Glance View

In the bustling world of modern industrial giants, TOPPAN Holdings Inc. stands out with its intricate blend of traditional craftsmanship and cutting-edge technology. Founded in 1900, this Tokyo-based company originally thrived in the printing business, providing high-quality printed materials for commercial and publishing needs. Over the decades, TOPPAN masterfully navigated the evolving landscape of print and communication, expanding its horizons to embrace the digital age. Today, TOPPAN is not just a printing company; it is a diverse conglomerate operating in multiple sectors, including information and communication technology, living and industry, and electronics. Each sector leverages its core competence in high-precision printing and processing operations, which remains the company's forte. TOPPAN's business model enriches its legacy in printing by diversifying into packaging, security, décor materials, and electronics. The company generates significant revenue by producing specialized packaging solutions that cater to a global clientele in the consumer goods and food and beverages industries. In addition, its security segment is pivotal in producing secure identity and transaction processing systems - a reflection of the firm’s commitment to innovation. The electronics division is making strides in manufacturing photomask products essential for semiconductor production, manifesting the company's seamless transition from traditional printing to high-tech solutions. By embedding technology within its operations, TOPPAN holds a resilient position in the market, harnessing its rich heritage while pushing forward into new, promising territories.

TPX Intrinsic Value
29.4 EUR
Undervaluation 20%
Intrinsic Value
Price €23.4
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