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Shimadzu Corp
TSE:7701

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Shimadzu Corp
TSE:7701
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Price: 3 583 JPY -2.56% Market Closed
Market Cap: ¥1.1T

EV/EBITDA

9.6
Current
19%
Cheaper
vs 3-y average of 11.8

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

EV/EBITDA
9.6
=
Enterprise Value
¥1.1T
/
EBITDA
¥93.4B

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

EV/EBITDA
9.6
=
Enterprise Value
¥1.1T
/
EBITDA
¥93.4B

Valuation Scenarios

Shimadzu Corp is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (11.8), the stock would be worth ¥4 415.59 (23% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-10%
Maximum Upside
+32%
Average Upside
9%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 9.6 ¥3 583
0%
3-Year Average 11.8 ¥4 415.59
+23%
5-Year Average 12.7 ¥4 736.79
+32%
Industry Average 8.7 ¥3 239.83
-10%
Country Average 8.7 ¥3 231.69
-10%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥1.1T
/
Jan 2026
¥93.4B
=
9.6
Current
¥1.1T
/
Mar 2026
¥93.3B
=
11.9
Forward
¥1.1T
/
Mar 2027
¥103.7B
=
10.7
Forward
¥1.1T
/
Mar 2028
¥109.8B
=
10.1
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
JP
Shimadzu Corp
TSE:7701
1T JPY 9.6 18.3
JP
Keyence Corp
TSE:6861
15.4T JPY 24 36.8
US
Keysight Technologies Inc
NYSE:KEYS
59.5B USD 49 61.9
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
306.9B CNY 15 20.5
US
Teledyne Technologies Inc
NYSE:TDY
30.1B USD 21.4 33.6
SE
Hexagon AB
STO:HEXA B
281.7B SEK 13 42.3
CN
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
192.9B CNY 2 350.2 1 890.2
TW
Chroma ATE Inc
TWSE:2360
821.8B TWD 81.4 70.3
UK
Halma PLC
LSE:HLMA
16.9B GBP 28.6 48.4
CN
Huagong Tech Co Ltd
SZSE:000988
118.3B CNY 76.3 80.4
US
Trimble Inc
NASDAQ:TRMB
15.8B USD 20.5 37.2

Market Distribution

In line with most companies in Japan
Percentile
57th
Based on 5 051 companies
57th percentile
9.6
Low
0.1 — 6.7
Typical Range
6.7 — 12.2
High
12.2 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 6.7
Median 8.7
70th Percentile 12.2
Max 214 699 781.2

Shimadzu Corp
Glance View

Founded in 1875 in Kyoto, Japan, Shimadzu Corporation has developed from a small workshop into a powerhouse of innovation in the fields of analytical and measuring instrumentation. With roots tracing back to Genzo Shimadzu's dedication to craftsmanship and technological progress, the company began its journey focusing on educational physics and chemistry apparatus. Over the years, Shimadzu embraced this core philosophy to expand into diverse industries, effectively transforming itself into a significant player in areas such as life sciences, industrial testing, and environmental analysis. Their entrance into the production of X-ray equipment in the early 1900s marked a pivotal shift, cementing their position as pioneers and ensuring a steady stream of revenue through innovation and specialization. Today, Shimadzu's business strategy lies in leveraging its expertise in scientific technology to create high-quality products that serve various global markets. The company designs and manufactures analytical instruments like chromatographs, spectrometers, and DNA sequencers, which are vital in academic research, pharmaceuticals, and environmental studies. The healthcare sector, for instance, is a significant revenue driver, with Shimadzu providing a range of medical equipment that supports diagnostic and therapeutic procedures. Moreover, their industrial division offers testing and inspection machines crucial for quality assurance in sectors like automotive and aerospace. Through sustained research and development, along with strategic partnerships, Shimadzu ensures a competitive edge and continuous growth in its diverse product lines. This broad yet focused approach not only fortifies its market presence but also ensures its financial success across multiple industries.

Intrinsic Value
3 706.97 JPY
Undervaluation 3%
Intrinsic Value
Price ¥3 583
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