Mizuno Corp
TSE:8022

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Mizuno Corp
TSE:8022
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Price: 3 350 JPY 2.13% Market Closed
Market Cap: ¥267.1B

P/B

1.5
Current
21%
More Expensive
vs 3-y average of 1.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
¥314.8B
/
Total Equity
¥167.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
¥314.8B
/
Total Equity
¥167.4B

Valuation Scenarios

Mizuno Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (1.3), the stock would be worth ¥2 777 (17% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-57%
Maximum Upside
+5%
Average Downside
19%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 ¥3 350
0%
3-Year Average 1.3 ¥2 777
-17%
5-Year Average 0.7 ¥1 448.08
-57%
Industry Average 1.6 ¥3 522.36
+5%
Country Average 1.4 ¥3 080.53
-8%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Japan
Percentile
55th
Based on 5 195 companies
55th percentile
1.5
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

Mizuno Corp
Glance View

Market Cap
267.1B 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 6%
Intrinsic Value
Price ¥3 350
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