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Hamamatsu Photonics KK
TSE:6965

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Hamamatsu Photonics KK
TSE:6965
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Price: 2 006 JPY -0.84% Market Closed
Market Cap: ¥640.3B

P/FCFE

20.3
Current
8%
More Expensive
vs 3-y average of 18.8

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
20.3
=
Market Cap
¥599.7B
/
Free Cash Flow to Equity
¥29.1B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
20.3
=
Market Cap
¥599.7B
/
Free Cash Flow to Equity
¥29.1B

Valuation Scenarios

Hamamatsu Photonics KK is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (18.8), the stock would be worth ¥1 855.64 (7% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-7%
Maximum Upside
+26%
Average Upside
8%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 20.3 ¥2 006
0%
3-Year Average 18.8 ¥1 855.64
-7%
5-Year Average 20.6 ¥2 041
+2%
Industry Average 25.5 ¥2 522.44
+26%
Country Average 22.4 ¥2 210.47
+10%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
JP
Hamamatsu Photonics KK
TSE:6965
589.4B JPY 20.3 46.1
US
II-VI Inc
LSE:0LHO
522.4B USD -644.1 2 717.6
JP
Canon Electronics Inc
TSE:7739
40.9T JPY 28.2 22.9
US
Amphenol Corp
NYSE:APH
174.5B USD 13.8 40.9
TW
Delta Electronics Inc
TWSE:2308
5.6T TWD 88.4 88.6
US
Corning Inc
NYSE:GLW
127.9B USD 176.6 80.1
TH
Delta Electronics Thailand PCL
SET:DELTA
3.9T THB 309.6 158.8
CN
Eoptolink Technology Inc Ltd
SZSE:300502
522.6B CNY 81.3 48.7
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
488.2B CNY 26.8 29.4
US
Coherent Corp
NYSE:COHR
61.8B USD -76.8 324.1
JP
Murata Manufacturing Co Ltd
TSE:6981
9.4T JPY 42.9 49.3

Market Distribution

In line with most companies in Japan
Percentile
45th
Based on 3 849 companies
45th percentile
20.3
Low
0.1 — 14.9
Typical Range
14.9 — 35
High
35 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 14.9
Median 22.4
70th Percentile 35
Max 736 044 589.7

Hamamatsu Photonics KK
Glance View

Nestled in the heart of Japan, Hamamatsu Photonics KK is a pioneering force in the realm of optical sensors and photon detection technology. The company's journey began humbly in 1953, founded by Heihachiro Horiuchi with a vision to explore the untapped potential of photonics. Over the decades, it has evolved into a global leader, weaving innovation and precision into every product. Hamamatsu specializes in the development and manufacturing of photonic devices and systems, capitalizing on the exploratory spirit of its founders. Its portfolio spans photomultiplier tubes, image sensors, and sophisticated light sources that find their applications in a myriad of industries, ranging from medical diagnostics to industrial quality control and scientific research. What sets Hamamatsu apart is its steadfast commitment to research and development, investing significantly to stay ahead of technological advancements. This investment translates into products that drive efficiencies and capabilities across the sectors they serve. Through a keen understanding of how light interacts with materials, Hamamatsu monetizes its innovations by providing critical solutions to complex problems. The company’s revenue streams are notably diversified, drawn from healthcare engagements, where their devices enhance imaging technologies, to automotive and security industries requiring highly sensitive vision and detection capabilities. By continuously pushing the envelope in photonics, Hamamatsu not only sustains its position in the market but also fuels the progress of technologies that rely on the subtle science of detecting and manipulating light.

Intrinsic Value
1 303.49 JPY
Overvaluation 35%
Intrinsic Value
Price ¥2 006
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