Bridgestone Corp
TSE:5108
Intrinsic Value
Bridgestone Corp. engages in the manufacture and sale of tires and rubber products. [ Read More ]
The intrinsic value of one Bridgestone Corp stock under the Base Case scenario is 11 064.16 JPY. Compared to the current market price of 6 691 JPY, Bridgestone Corp is Undervalued by 40%.
Valuation Backtest
Bridgestone Corp
Run backtest to discover the historical profit from buying and selling Bridgestone Corp stocks based on their intrinsic value.
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Fundamental Analysis
Strengthening Amidst Challenges
2023-Q3 Earnings Call
In a challenging global environment, marked by a weakened business foundation in Europe and supply chain headwinds, Bridgestone reaffirmed its commitment to resilience. The company is doubling down on its premium product focus, especially as passenger car tire demand shows recovery in North America and resilience in the high rim diameter (HRD) tire segment. Despite a downturn in truck and bus tire demand, Bridgestone expects to grow its HRD and mining tire sales, projecting relative strength in these areas. A focus on expense management and productivity improvements helped counteract rising raw materials and labor costs, leading to year-on-year increases in revenue and adjusted operating profit. However, profit margins fell slightly, necessitating further quality improvements. There are no changes to the 2023 financial guidance from February, with a currency assumption of JPY 130 to the dollar and JPY 150 to the euro.
Balance Sheet Decomposition
Bridgestone Corp
Current Assets | 2.7T |
Cash & Short-Term Investments | 735.4B |
Receivables | 952.3B |
Other Current Assets | 1T |
Non-Current Assets | 2.7T |
Long-Term Investments | 172.4B |
PP&E | 2.1T |
Intangibles | 350.8B |
Other Non-Current Assets | 149.5B |
Current Liabilities | 1.3T |
Accounts Payable | 599.2B |
Other Current Liabilities | 665.6B |
Non-Current Liabilities | 809.4B |
Long-Term Debt | 510.8B |
Other Non-Current Liabilities | 298.6B |
Earnings Waterfall
Bridgestone Corp
Revenue
|
4.3T
JPY
|
Cost of Revenue
|
-2.7T
JPY
|
Gross Profit
|
1.7T
JPY
|
Operating Expenses
|
-1.2T
JPY
|
Operating Income
|
475.9B
JPY
|
Other Expenses
|
-144.5B
JPY
|
Net Income
|
331.3B
JPY
|
Free Cash Flow Analysis
Bridgestone Corp
What is Free Cash Flow?
Profitability Score
Profitability Due Diligence
Bridgestone Corp's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
Score
Bridgestone Corp's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
Bridgestone Corp's solvency score is 78/100. The higher the solvency score, the more solvent the company is.
Score
Bridgestone Corp's solvency score is 78/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
Bridgestone Corp
According to Wall Street analysts, the average 1-year price target for Bridgestone Corp is 6 747.69 JPY with a low forecast of 5 959 JPY and a high forecast of 7 665 JPY.
Shareholder Return
Price
Bridgestone Corp
Average Annual Return | 8.56% |
Standard Deviation of Annual Returns | 30.29% |
Max Drawdown | -35% |
Market Capitalization | 4.6T JPY |
Shares Outstanding | 685 408 000 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Bridgestone Corp. engages in the manufacture and sale of tires and rubber products. The company is headquartered in Chuo-Ku, Tokyo-To and currently employs 135,636 full-time employees. The firm operates its business through two business segments. Tire segment is involved in the provision of tire tubes for passenger cars, trucks, buses, construction and mining vehicles, industrial vehicles, agricultural machinery, aircraft and motorcycles. The Segment also provides tire related products, retread materials and related technologies, automobile maintenance and repair services, as well as tire raw materials. Diversification segment provides chemical products, such as automobile related parts, urethane foam and related goods, electronic precision parts, industrial materials related goods and building materials related products, roofing materials, as well as sports goods, such as golf balls and golf clubs. The Segment also provides bicycles and bicycle-related products and conducts finance business.
Contact
IPO
Employees
Officers
The intrinsic value of one Bridgestone Corp stock under the Base Case scenario is 11 064.16 JPY.
Compared to the current market price of 6 691 JPY, Bridgestone Corp is Undervalued by 40%.