Mizuno Corp
TSE:8022

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Mizuno Corp
TSE:8022
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Price: 3 285 JPY -1.5% Market Closed
Market Cap: ¥261.9B

EV/OCF

22
Current
139%
More Expensive
vs 3-y average of 9.2

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
22
=
Enterprise Value
¥288.3B
/
Operating Cash Flow
¥10.3B

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
22
=
Enterprise Value
¥288.3B
/
Operating Cash Flow
¥10.3B

Valuation Scenarios

Mizuno Corp is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (9.2), the stock would be worth ¥1 377.11 (58% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-80%
Maximum Upside
No Upside Scenarios
Average Downside
54%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 22 ¥3 285
0%
3-Year Average 9.2 ¥1 377.11
-58%
5-Year Average 4.4 ¥659.94
-80%
Industry Average 15.6 ¥2 327.37
-29%
Country Average 11.4 ¥1 702.3
-48%

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
Mizuno Corp
TSE:8022
252.2B JPY 22 14.4
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 15.1 42.3
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
Mizuno Corp
TSE:8022
Average P/E: 25.3
14.4
11%
1.3
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
42.3
32%
1.3
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

Higher than 83% of companies in Japan
Percentile
83nd
Based on 4 586 companies
83nd percentile
22
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

Mizuno Corp
Glance View

Market Cap
261.9B JPY
Industry
Leisure Products

Mizuno Corporation, founded in 1906 by Rihachi Mizuno in Osaka, Japan, is a stalwart in the sporting goods industry, known for blending tradition with innovation. It began as a small shop importing strings for tennis rackets and baseballs but soon expanded into manufacturing its own sportswear and equipment as Japan's thirst for athletics grew. Over the decades, Mizuno has become synonymous with high-quality sports gear, crafting everything from baseball gloves to golf clubs, and establishing itself as a leader in sports innovation. This growth journey was propelled by an unwavering commitment to technological advancement, evident in products like their renowned Wave Technology in running shoes, which brought a unique edge in cushioning and stability. The company also embraces sustainability, incorporating eco-friendly materials and processes into their production lines, further enhancing their brand's appeal. The lifeblood of Mizuno's business model lies in its vast array of products, catering to both the amateur and professional athlete alike. This includes sportswear, footwear, and equipment across a spectrum of disciplines like baseball, golf, running, and even martial arts. By leveraging a global supply chain and a strong commitment to research and development, Mizuno continues to refine its offerings, maintaining a balance between traditional craftsmanship and cutting-edge innovation. Its revenue streams are diversified through direct sales via retail outlets, an online presence, and partnerships with athletes and sports teams that elevate the brand's visibility. Additionally, Mizuno's global footprint is supported by regional offices and factories that cater to specific market demands, effectively positioning the company as a trusted name in sports and athletic gear across the world.

Intrinsic Value
3 151.65 JPY
Overvaluation 4%
Intrinsic Value
Price ¥3 285
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