Tokuyama Corp
TSE:4043

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Tokuyama Corp
TSE:4043
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Price: 3 717 JPY -4.62% Market Closed
Market Cap: ¥268B

P/OCF

5.5
Current
25%
More Expensive
vs 3-y average of 4.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
5.5
=
Market Cap
¥312.4B
/
Operating Cash Flow
¥48.6B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
5.5
=
Market Cap
¥312.4B
/
Operating Cash Flow
¥48.6B

Valuation Scenarios

Tokuyama Corp is trading above its 3-year average

If P/OCF returns to its 3-Year Average (4.4), the stock would be worth ¥2 971.97 (20% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-21%
Maximum Upside
+108%
Average Upside
30%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 5.5 ¥3 717
0%
3-Year Average 4.4 ¥2 971.97
-20%
5-Year Average 4.3 ¥2 923.65
-21%
Industry Average 8.3 ¥5 631.71
+52%
Country Average 11.5 ¥7 739.94
+108%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
JP
Tokuyama Corp
TSE:4043
267.4B JPY 5.5 10.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13.3T JPY 17.1 27.3
US
Sherwin-Williams Co
NYSE:SHW
80.3B USD 22.8 30.6
US
Ecolab Inc
NYSE:ECL
75.3B USD 24.7 35.1
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 9.3 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
280.1B CNY 7.1 21.3
CH
Givaudan SA
SIX:GIVN
25.9B CHF 17.1 24.1
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 39.9 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.4T INR 39.1 60.8
US
PPG Industries Inc
NYSE:PPG
24.1B USD 12.2 15.1
CH
Sika AG
F:SIKA
19.9B EUR 10.7 17.5

Market Distribution

Lower than 85% of companies in Japan
Percentile
15th
Based on 4 634 companies
15th percentile
5.5
Low
0.1 — 8
Typical Range
8 — 16
High
16 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 8
Median 11.5
70th Percentile 16
Max 277 515 329.3

Tokuyama Corp
Glance View

Market Cap
268B JPY
Industry
Chemicals

In the heart of Japan, Tokuyama Corporation stands as a testament to industrial innovation and adaptation. Founded in 1918, the company initially began its journey in the chemical industry, capitalizing on Japan's burgeoning demand for cement. Over the decades, it evolved beyond its origins, pivoting away from just cement production to embrace a diversified portfolio that includes chemicals, materials, and solutions pivotal to modern technology and industries. With a keen focus on sustainability and innovation, Tokuyama has expanded into sectors such as electronics, where its high-purity polycrystalline silicon is a critical component in semiconductors and solar panels. This evolution underscores its adaptability in responding to market demands while leveraging its robust research and development capabilities to propel growth. Today, Tokuyama thrives on its multifaceted business model, generating revenue through a variety of segments: chemicals, which support numerous manufacturing processes; advanced materials contributing to electronics and health tech industries; cement and environment business that supports infrastructure projects; and life care products focused on enhancing daily living standards. Each division benefits from synergies across the operations, optimizing resources and enhancing productivity. By maintaining a stronghold on its traditional base while strategically expanding in burgeoning sectors, Tokuyama has managed to create a balanced yet dynamic revenue stream, positioning itself as a leader within the global chemical sector. As it continues to explore new frontiers, the company's story remains one of constant reinvention and strategic foresight.

Intrinsic Value
3 376.02 JPY
Overvaluation 9%
Intrinsic Value
Price ¥3 717
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