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Olympus Corp
TSE:7733

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Olympus Corp
TSE:7733
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Price: 1 571 JPY 1.58% Market Closed
Market Cap: ¥1.8T

EV/IC

1.4
Current
37%
Cheaper
vs 3-y average of 2.2

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.4
=
Enterprise Value
¥1.5T
/
Invested Capital
¥1.2T

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.4
=
Enterprise Value
¥1.5T
/
Invested Capital
¥1.2T

Valuation Scenarios

Olympus Corp is trading below its 3-year average

If EV/IC returns to its 3-Year Average (2.2), the stock would be worth ¥2 474.63 (58% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-32%
Maximum Upside
+75%
Average Upside
28%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.4 ¥1 571
0%
3-Year Average 2.2 ¥2 474.63
+58%
5-Year Average 2.5 ¥2 753.8
+75%
Industry Average 1.5 ¥1 712.83
+9%
Country Average 1 ¥1 074.39
-32%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
JP
Olympus Corp
TSE:7733
1.7T JPY 1.4 20.4
US
Intuitive Surgical Inc
NASDAQ:ISRG
162.6B USD 11 56.9
US
Abbott Laboratories
NYSE:ABT
155.4B USD 2.1 24.8
US
Stryker Corp
NYSE:SYK
112.7B USD 2.9 34.7
IE
Medtronic PLC
NYSE:MDT
102.7B USD 1.5 22.3
US
Boston Scientific Corp
NYSE:BSX
83.8B USD 2.3 23.5
US
Edwards Lifesciences Corp
NYSE:EW
48.8B USD 4.9 44.5
DE
Siemens Healthineers AG
XETRA:SHL
39.3B EUR 1.2 18.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.2B USD 14.9 42.7
US
Becton Dickinson and Co
NYSE:BDX
42.5B USD 1.2 24.2
US
Resmed Inc
NYSE:RMD
29.9B USD 4.2 20.1

Market Distribution

In line with most companies in Japan
Percentile
68th
Based on 5 142 companies
68th percentile
1.4
Low
0 — 0.7
Typical Range
0.7 — 1.5
High
1.5 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1
70th Percentile 1.5
Max 23 050 349

Olympus Corp
Glance View

Market Cap
1.8T JPY
Industry
Health Care

Olympus Corporation, originating from the heart of Japan in 1919, has evolved into a global powerhouse, particularly revered for its contributions to the field of optics and imaging. Initially carving its reputation through crafting precision microscope lenses, Olympus seamlessly expanded its capabilities into the realms of endoscopy and digital imaging. This strategic pivot not only defined its legacy but firmly anchored its presence in the medical world, where it became a leader in endoscopic technology. The company adeptly leveraged its expertise to revolutionize medical diagnostics and treatment, helping medical professionals see and diagnose better—enhancing both physician dexterity and patient outcomes. Revenue for Olympus is predominantly driven by its Medical Business sector, which constitutes a significant portion of its overall profits, underscoring its transformation from a diversified manufacturer to a specialized player in healthcare technology. They are deeply committed to R&D, funneling substantial resources to innovate and bolster their portfolio in medical devices, particularly in fields like therapeutic interventions. While imaging products for consumers have historically been a notable segment, the shift toward medical technology aligns with broader market demands and ensures sustainable growth. This focus demonstrates Olympus's intent to maximize its competitive advantages, allowing it to remain at the forefront of its niche industries and effectively respond to global healthcare challenges.

Intrinsic Value
2 138.16 JPY
Undervaluation 27%
Intrinsic Value
Price ¥1 571
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