Kinden Corp
TSE:1944

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Kinden Corp
TSE:1944
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Price: 7 213 JPY 1.09% Market Closed
Market Cap: ¥1.4T

EV/EBIT

15.5
Current
77%
More Expensive
vs 3-y average of 8.7

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
15.5
=
Enterprise Value
¥1.5T
/
EBIT
¥82.2B

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
15.5
=
Enterprise Value
¥1.5T
/
EBIT
¥82.2B

Valuation Scenarios

Kinden Corp is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (8.7), the stock would be worth ¥4 064.85 (44% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-59%
Maximum Upside
No Upside Scenarios
Average Downside
37%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 15.5 ¥7 213
0%
3-Year Average 8.7 ¥4 064.85
-44%
5-Year Average 6.3 ¥2 934.75
-59%
Industry Average 10.1 ¥4 712.36
-35%
Country Average 13.6 ¥6 347.94
-12%

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
Kinden Corp
TSE:1944
1.4T JPY 15.5 22.6
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 11.5 19.9
US
Quanta Services Inc
NYSE:PWR
94.7B USD 63.4 91
FR
Vinci SA
PAR:DG
70.9B EUR 9.5 14.4
US
Comfort Systems USA Inc
NYSE:FIX
60.7B USD 45.5 59.4
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
38.7B USD 24 30.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
JP
Kinden Corp
TSE:1944
Average EV/EBIT: 30.3
15.5
N/A N/A
JP
Sumitomo Densetsu Co Ltd
TSE:1949
11.5
N/A N/A
US
Quanta Services Inc
NYSE:PWR
63.4
24%
2.6
FR
Vinci SA
PAR:DG
9.5
7%
1.4
US
Comfort Systems USA Inc
NYSE:FIX
45.5
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
24
11%
2.2

Market Distribution

In line with most companies in Japan
Percentile
60th
Based on 4 801 companies
60th percentile
15.5
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

Kinden Corp
Glance View

Market Cap
1.4T JPY
Industry
Construction

Kinden Corporation, a stalwart in Japan's construction industry, navigates the complex currents of the modern infrastructure landscape with an impressive blend of traditional craftsmanship and innovative technology. Founded in 1944, Kinden has successfully expanded its operations beyond basic electrical installations to become a comprehensive engineering solutions provider. The company skillfully integrates its expertise in electrical systems, communication networks, and air-conditioning systems to deliver large-scale infrastructure projects. By leveraging its robust network and technical capabilities, Kinden thrives in sectors such as industrial complexes, public facilities, and commercial developments. Its operations cover everything from designing to construction and maintenance, ensuring a steady cash flow from diverse contract work. At the heart of its business model, Kinden capitalizes on Japan's perpetual need for infrastructure maintenance and development, buoyed by urbanization and technological advancements. The company's revenue streams are stabilized by long-term contracts and recurring maintenance agreements which provide predictability in an otherwise cyclical sector. Kinden's strategic investments in renewable energy and environmental solutions bolster its portfolio, enabling it to tap into the growing demand for sustainable construction practices. This synergy between traditional construction elements and cutting-edge innovations allows Kinden to maintain a competitive edge while aligning itself with the global shift toward sustainability. The company's ability to integrate various engineering disciplines not only enhances its market position but ensures a steady future-oriented trajectory.

Intrinsic Value
4 684.35 JPY
Overvaluation 35%
Intrinsic Value
Price ¥7 213
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