Yamaha Corp
TSE:7951

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Yamaha Corp
TSE:7951
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Price: 1 109.5 JPY -1.38% Market Closed
Market Cap: ¥513.7B

EV/IC

0.9
Current
12%
Cheaper
vs 3-y average of 1

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
0.9
=
Enterprise Value
¥477.3B
/
Invested Capital
¥442.6B

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
0.9
=
Enterprise Value
¥477.3B
/
Invested Capital
¥442.6B

Valuation Scenarios

Yamaha Corp is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1), the stock would be worth ¥1 267.35 (14% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+85%
Average Upside
45%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.9 ¥1 109.5
0%
3-Year Average 1 ¥1 267.35
+14%
5-Year Average 1.6 ¥2 057.38
+85%
Industry Average 1.5 ¥1 879.94
+69%
Country Average 1 ¥1 212.55
+9%

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
Yamaha Corp
TSE:7951
496.4B JPY 0.9 29
JP
Bandai Namco Holdings Inc
TSE:7832
2.3T JPY 2.9 20.2
US
Hasbro Inc
NASDAQ:HAS
13.4B USD 3.5 -41.5
JP
Shimano Inc
TSE:7309
1.4T JPY 2.1 38.7
UK
Games Workshop Group PLC
LSE:GAW
6.6B GBP 25.8 31.9
CA
BRP Inc
TSX:DOO
5.6B CAD 1.8 19.1
CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
41.9B CNY -2 020.3 24.9
US
Acushnet Holdings Corp
NYSE:GOLF
5.6B USD 3 29.6
US
Brunswick Corp
NYSE:BC
5.2B USD 1.4 -37.5
IT
Technogym SpA
MIL:TGYM
4B EUR 9 34.7
US
Mattel Inc
NASDAQ:MAT
4.5B USD 1.6 11.3
P/E Multiple
Earnings Growth PEG
JP
Yamaha Corp
TSE:7951
Average P/E: 26.6
29
41%
0.7
JP
Bandai Namco Holdings Inc
TSE:7832
20.2
7%
2.9
US
Hasbro Inc
NASDAQ:HAS
Negative Multiple: -41.5 N/A N/A
JP
Shimano Inc
TSE:7309
38.7
32%
1.2
UK
Games Workshop Group PLC
LSE:GAW
31.9
5%
6.4
CA
BRP Inc
TSX:DOO
19.1
34%
0.6
CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
24.9
N/A N/A
US
Acushnet Holdings Corp
NYSE:GOLF
29.6
12%
2.5
US
Brunswick Corp
NYSE:BC
Negative Multiple: -37.5 N/A N/A
IT
Technogym SpA
MIL:TGYM
34.7
13%
2.7
US
Mattel Inc
NASDAQ:MAT
11.3
11%
1

Market Distribution

In line with most companies in Japan
Percentile
44rd
Based on 5 142 companies
44rd percentile
0.9
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

Yamaha Corp
Glance View

In the expansive tapestry of global business, Yamaha Corporation stands out as a versatile titan seamlessly weaving precision engineering with artistic creativity. Founded in 1887 by Torakusu Yamaha as a piano and reed organ manufacturer, the company harnessed early expertise in sound and craftsmanship to diversify its horizons. This diversification laid the groundwork for a manufacturing powerhouse that has remained committed to quality and innovation. Yamaha's sophisticated musical instruments, which include everything from grand pianos and guitars to cutting-edge digital keyboards, are celebrated worldwide for their resonance and reliability. This reputation is strengthened by a robust global distribution network, encompassing direct sales, a network of retailers, and digital platforms, ensuring their products reach musicians from Tokyo to Toronto. Beyond the world of music, Yamaha's operations reach into various sectors, forming a unique synergy that fuels its financial prowess. Its expertise in finely-tuned craftsmanship and engineering excellence extends to audio-visual products, motorcycles, and marine products, each segment bolstered by decades of technological advancement and brand loyalty. For instance, its motorcycles are renowned for reliability and performance, capturing significant market share across Asia, Europe, and North America. Meanwhile, Yamaha's audio and visual segments cater to the burgeoning demand for high-quality sound systems and equipment. Through strategic acquisitions and relentless innovation, the company participates in diverse markets, creating a balanced revenue stream that sustains its financial health and facilitates continued investment in research and development. This multifaceted approach not only reflects Yamaha's adaptive strategy but also exemplifies its philosophy of connecting emotion with precision in varied fields.

Intrinsic Value
1 438.14 JPY
Undervaluation 23%
Intrinsic Value
Price ¥1 109.5
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