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Olympus Corp
TSE:7733

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Olympus Corp
TSE:7733
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Price: 1 528.5 JPY -0.55% Market Closed
Market Cap: ¥1.7T

EV/OCF

13.3
Current
45%
Cheaper
vs 3-y average of 24.2

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.3
=
Enterprise Value
¥1.5T
/
Operating Cash Flow
¥123.5B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.3
=
Enterprise Value
¥1.5T
/
Operating Cash Flow
¥123.5B

Valuation Scenarios

Olympus Corp is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (24.2), the stock would be worth ¥2 780.33 (82% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-15%
Maximum Upside
+82%
Average Upside
39%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 13.3 ¥1 528.5
0%
3-Year Average 24.2 ¥2 780.33
+82%
5-Year Average 23.8 ¥2 728.88
+79%
Industry Average 14.8 ¥1 694.62
+11%
Country Average 11.4 ¥1 306.53
-15%

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

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
JP
Olympus Corp
TSE:7733
1.7T JPY 13.3 19.8
US
Intuitive Surgical Inc
NASDAQ:ISRG
171.2B USD 54.5 60
US
Abbott Laboratories
NYSE:ABT
158.3B USD 16.6 25.2
US
Stryker Corp
NYSE:SYK
125.3B USD 27 38.6
IE
Medtronic PLC
NYSE:MDT
106.9B USD 17.4 23.2
US
Boston Scientific Corp
NYSE:BSX
92B USD 22.3 31.8
DE
Siemens Healthineers AG
XETRA:SHL
40B EUR 15.6 18.9
US
Edwards Lifesciences Corp
NYSE:EW
48.9B USD 28.1 45.5
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.1B USD 38.5 42.6
US
Becton Dickinson and Co
NYSE:BDX
43.3B USD 17.5 24.7
US
Resmed Inc
NYSE:RMD
32B USD 16.2 21.6

Market Distribution

In line with most companies in Japan
Percentile
60th
Based on 4 586 companies
60th percentile
13.3
Low
0 — 8.2
Typical Range
8.2 — 16.2
High
16.2 —
Distribution Statistics
Japan
Min 0
30th Percentile 8.2
Median 11.4
70th Percentile 16.2
Max 277 515 327.6

Olympus Corp
Glance View

Market Cap
1.7T 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 29%
Intrinsic Value
Price ¥1 528.5
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