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Kajima Corp
TSE:1812

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Kajima Corp
TSE:1812
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Price: 5 907 JPY -0.87% Market Closed
Market Cap: ¥2.8T

EV/EBIT

12.6
Current
16%
More Expensive
vs 3-y average of 10.9

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
12.6
=
Enterprise Value
¥3.3T
/
EBIT
¥229.1B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
12.6
=
Enterprise Value
¥3.3T
/
EBIT
¥229.1B

Valuation Scenarios

Kajima Corp is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (10.9), the stock would be worth ¥5 102.23 (14% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-29%
Maximum Upside
+8%
Average Downside
13%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 12.6 ¥5 907
0%
3-Year Average 10.9 ¥5 102.23
-14%
5-Year Average 8.9 ¥4 198.71
-29%
Industry Average 10.1 ¥4 752.95
-20%
Country Average 13.6 ¥6 402.62
+8%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
JP
Kajima Corp
TSE:1812
2.8T JPY 12.6 15.9
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 11.5 19.9
US
Quanta Services Inc
NYSE:PWR
94.7B USD 63.7 91.4
FR
Vinci SA
PAR:DG
70.9B EUR 9.5 14.4
US
Comfort Systems USA Inc
NYSE:FIX
62.4B USD 45.9 59.9
IN
Larsen & Toubro Ltd
NSE:LT
5.6T INR 23.9 33.9
IN
Larsen and Toubro Ltd
F:LTO
46.8B EUR 21.8 30.8
ES
Ferrovial SA
MAD:FER
43.3B EUR 50.4 47.9
NL
Ferrovial SE
AEX:FER
42.3B EUR 50.4 47.6
DE
Hochtief AG
XETRA:HOT
34.5B EUR 16.9 38.2
US
EMCOR Group Inc
NYSE:EME
38.9B USD 23.8 30.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
JP
Kajima Corp
TSE:1812
Average EV/EBIT: 30
12.6
N/A N/A
JP
Sumitomo Densetsu Co Ltd
TSE:1949
11.5
N/A N/A
US
Quanta Services Inc
NYSE:PWR
63.7
24%
2.7
FR
Vinci SA
PAR:DG
9.5
7%
1.4
US
Comfort Systems USA Inc
NYSE:FIX
45.9
22%
2.1
IN
Larsen & Toubro Ltd
NSE:LT
23.9
20%
1.2
IN
Larsen and Toubro Ltd
F:LTO
21.8
20%
1.1
ES
Ferrovial SA
MAD:FER
50.4
14%
3.6
NL
Ferrovial SE
AEX:FER
50.4
14%
3.6
DE
H
Hochtief AG
XETRA:HOT
16.9
5%
3.4
US
EMCOR Group Inc
NYSE:EME
23.8
11%
2.2

Market Distribution

In line with most companies in Japan
Percentile
45th
Based on 4 801 companies
45th percentile
12.6
Low
0.1 — 9.8
Typical Range
9.8 — 18.1
High
18.1 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 9.8
Median 13.6
70th Percentile 18.1
Max 414 821 439

Kajima Corp
Glance View

Market Cap
2.8T JPY
Industry
Construction

Kajima Corporation, rooted in over 180 years of history, presents itself as a titan in the construction and engineering industry, seamlessly merging traditional craftsmanship with cutting-edge technology. Founded in 1840 by Iwakichi Kajima, the company emerged from the ashes of Japan’s evolving construction needs, initially embarking on local projects that laid the groundwork for its ambitious global expansion. Today, Kajima’s operations span architectural design, civil engineering, construction, and real estate development, not only within Japan but across Asia, the Americas, and Europe. The company's hallmark is its integrated approach, offering end-to-end solutions that encompass everything from project conceptualization to execution and maintenance, which allows it to capitalize on synergies between different business segments. At the core of Kajima’s operational prowess lies its dedication to innovation and sustainability, a dual focus that drives both efficiency and environmental stewardship. It invests heavily in research and development, pushing the boundaries in areas such as earthquake-resistant structures, automation in construction, and advanced building materials, which enhances its competitive edge. Furthermore, Kajima's revenue stream is bolstered by a diversified portfolio, which includes both public infrastructure projects and private sector contracts. From constructing skyscrapers to developing eco-friendly urban spaces, the company adeptly navigates the complexities of modern construction demands. By leveraging its extensive expertise and innovative practices, Kajima not only secures recurring revenue from long-term projects but also positions itself as a leader in shaping the future of sustainable and resilient infrastructure worldwide.

Intrinsic Value
2 221.48 JPY
Overvaluation 62%
Intrinsic Value
Price ¥5 907
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