Yamaha Corp
TSE:7951

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Yamaha Corp
TSE:7951
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Price: 1 117.5 JPY -6.41% Market Closed
Market Cap: ¥517.4B

EV/OCF

8.6
Current
13%
More Expensive
vs 3-y average of 7.6

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
8.6
=
Enterprise Value
¥477.3B
/
Operating Cash Flow
¥45.9B

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
8.6
=
Enterprise Value
¥477.3B
/
Operating Cash Flow
¥45.9B

Valuation Scenarios

Yamaha Corp is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (7.6), the stock would be worth ¥987.58 (12% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-12%
Maximum Upside
+82%
Average Upside
28%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 8.6 ¥1 117.5
0%
3-Year Average 7.6 ¥987.58
-12%
5-Year Average 9.1 ¥1 193.88
+7%
Industry Average 15.6 ¥2 033.91
+82%
Country Average 11.4 ¥1 487.66
+33%

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
Yamaha Corp
TSE:7951
500B JPY 8.6 29.2
JP
Bandai Namco Holdings Inc
TSE:7832
2.4T JPY 13.8 21
US
Hasbro Inc
NASDAQ:HAS
13.3B USD 17.1 -41.4
JP
Shimano Inc
TSE:7309
1.4T JPY 15.4 38.6
UK
Games Workshop Group PLC
LSE:GAW
6.4B GBP 22.4 30.9
CA
BRP Inc
TSX:DOO
8.8B CAD 9 19.2
CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
41.5B CNY 11.4 24.7
US
Acushnet Holdings Corp
NYSE:GOLF
5.7B USD 34.1 30.4
US
Brunswick Corp
NYSE:BC
5.2B USD 11.9 -37.5
IT
Technogym SpA
MIL:TGYM
3.9B EUR 20.7 34.3
US
Mattel Inc
NASDAQ:MAT
4.4B USD 9.2 11
P/E Multiple
Earnings Growth PEG
JP
Yamaha Corp
TSE:7951
Average P/E: 26.6
29.2
41%
0.7
JP
Bandai Namco Holdings Inc
TSE:7832
21
7%
3
US
Hasbro Inc
NASDAQ:HAS
Negative Multiple: -41.4 N/A N/A
JP
Shimano Inc
TSE:7309
38.6
32%
1.2
UK
Games Workshop Group PLC
LSE:GAW
30.9
5%
6.2
CA
BRP Inc
TSX:DOO
19.2
34%
0.6
CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
24.7
N/A N/A
US
Acushnet Holdings Corp
NYSE:GOLF
30.4
12%
2.5
US
Brunswick Corp
NYSE:BC
Negative Multiple: -37.5 N/A N/A
IT
Technogym SpA
MIL:TGYM
34.3
13%
2.6
US
Mattel Inc
NASDAQ:MAT
11
11%
1

Market Distribution

In line with most companies in Japan
Percentile
33nd
Based on 4 586 companies
33nd percentile
8.6
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

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 22%
Intrinsic Value
Price ¥1 117.5
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