Raysum Co Ltd
TSE:8890

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Raysum Co Ltd
TSE:8890
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Price: 5 890 JPY Market Closed
Market Cap: ¥171.3B

EV/IC

1.8
Current
38%
More Expensive
vs 3-y average of 1.3

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
1.8
=
Enterprise Value
¥214.1B
/
Invested Capital
¥117.8B

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
1.8
=
Enterprise Value
¥214.1B
/
Invested Capital
¥117.8B

Valuation Scenarios

Raysum Co Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.3), the stock would be worth ¥4 262.74 (28% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-47%
Maximum Upside
No Upside Scenarios
Average Downside
38%
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

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

Higher than 75% of companies in Japan
Percentile
75th
Based on 5 142 companies
75th percentile
1.8
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

Raysum Co Ltd
Glance View

Market Cap
171.3B JPY
Industry
Real Estate

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.

Intrinsic Value
21 908.55 JPY
Undervaluation 73%
Intrinsic Value
Price ¥5 890
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