Raysum Co Ltd
TSE:8890
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EV/IC
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.
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.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (1.3), the stock would be worth ¥4 262.74 (28% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.8 | ¥5 890 |
0%
|
| 3-Year Average | 1.3 | ¥4 262.74 |
-28%
|
| 5-Year Average | 1.2 | ¥3 852.55 |
-35%
|
| Industry Average | 1 | ¥3 337.6 |
-43%
|
| Country Average | 1 | ¥3 114.52 |
-47%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| JP |
|
Raysum Co Ltd
TSE:8890
|
169.3B JPY | 1.8 | 19.6 | |
| VN |
V
|
Vingroup JSC
VN:VIC
|
1 655T VND | 1.9 | 155 | |
| HK |
|
Sun Hung Kai Properties Ltd
HKEX:16
|
393.5B HKD | 0.6 | 17.9 | |
| JP |
|
Mitsubishi Estate Co Ltd
TSE:8802
|
5.3T JPY | 1.1 | 22.1 | |
| JP |
|
Mitsui Fudosan Co Ltd
TSE:8801
|
4.6T JPY | 0.9 | 14.3 | |
| JP |
|
Sumitomo Realty & Development Co Ltd
TSE:8830
|
4.4T JPY | 1.1 | 20 | |
| JP |
|
Daiwa House Industry Co Ltd
TSE:1925
|
2.9T JPY | 0.8 | 9.4 | |
| IN |
|
DLF Ltd
NSE:DLF
|
1.5T INR | 2.3 | 32.8 | |
| HK |
|
Swire Pacific Ltd
HKEX:19
|
114.4B HKD | 0.4 | 38.9 | |
| HK |
W
|
Wharf Holdings Ltd
HKEX:4
|
76B HKD | 0.4 | 1 520.7 | |
| CN |
|
Shanghai Zhangjiang Hi-Tech Park Development Co Ltd
SSE:600895
|
56.7B CNY | 1.6 | 59.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.7 |
| Median | 1 |
| 70th Percentile | 1.5 |
| Max | 23 050 349 |
Other Multiples
Raysum Co Ltd
Glance View
Once a modest real estate company, Raysum Co., Ltd. has evolved into a sophisticated player in Japan's property market, etching its name among the stalwarts of asset management. Initially established to navigate the nuanced landscape of real estate, Raysum has strategically broadened its operational scope over the years. The company is proficient in acquiring, developing, and managing a diverse array of properties, from commercial offices to residential housing. By leveraging its expertise in the acquisition and enhancement of undervalued assets, Raysum has transformed them into high-yield properties, maximizing their value in Japan’s often competitive real estate environment. Through its vertically integrated business model, Raysum efficiently manages the lifecycle of its assets, ensuring consistent returns and sustainable growth. A pivotal element of Raysum's strategy is its focus on real estate securitization, a sophisticated process that transforms illiquid property assets into tradable securities. This innovative approach not only provides liquidity to the underlying assets but also allows the company to efficiently manage risk and capitalize on market opportunities. By securitizing its assets, Raysum can unlock additional capital, which fuels further acquisitions and development projects. This cycle of reinvestment drives the company's profitability, enabling it to scale its operations without necessarily accumulating excessive debt. Through its astute combination of asset management and financial engineering, Raysum demonstrates a keen ability to adapt in a rapidly changing economic landscape, cementing its role as a dynamic influencer in Japan’s real estate sector.