Yoshinoya Holdings Co Ltd
TSE:9861

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Yoshinoya Holdings Co Ltd Logo
Yoshinoya Holdings Co Ltd
TSE:9861
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Price: 3 210 JPY 0.09%
Market Cap: ¥209.1B

P/OCF

14
Current
3%
Cheaper
vs 3-y average of 14.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
14
=
Market Cap
¥222.3B
/
Operating Cash Flow
¥14.9B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
14
=
Market Cap
¥222.3B
/
Operating Cash Flow
¥14.9B

Valuation Scenarios

Yoshinoya Holdings Co Ltd is trading below its 3-year average

If P/OCF returns to its 3-Year Average (14.4), the stock would be worth ¥3 318.69 (3% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-18%
Maximum Upside
+3%
Average Downside
8%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 14 ¥3 210
0%
3-Year Average 14.4 ¥3 318.69
+3%
5-Year Average 13.7 ¥3 154.07
-2%
Industry Average 11.6 ¥2 673.59
-17%
Country Average 11.5 ¥2 634.05
-18%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
JP
Yoshinoya Holdings Co Ltd
TSE:9861
207.8B JPY 14 44.5
US
McDonald's Corp
NYSE:MCD
208.2B USD 19.6 24.2
US
Starbucks Corp
NASDAQ:SBUX
110.8B USD 30.6 87.7
UK
Compass Group PLC
LSE:CPG
45.2B GBP 0.1 0.3
US
Yum! Brands Inc
NYSE:YUM
43.3B USD 22.1 28.5
US
Chipotle Mexican Grill Inc
NYSE:CMG
42.9B USD 20.4 28.1
CA
Restaurant Brands International Inc
NYSE:QSR
27.1B USD 17.4 35.2
IN
Eternal Ltd
NSE:ETERNAL
2.3T INR -3 100.3 1 006.6
US
Darden Restaurants Inc
NYSE:DRI
22.5B USD 13.1 20.5
JP
Friendly Corp
TSE:8209
2.9T JPY 109.7 -6.5

Market Distribution

In line with most companies in Japan
Percentile
61st
Based on 4 634 companies
61st percentile
14
Low
0.1 — 8
Typical Range
8 — 16
High
16 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 8
Median 11.5
70th Percentile 16
Max 277 515 329.3

Yoshinoya Holdings Co Ltd
Glance View

Yoshinoya Holdings Co., Ltd. stands as a testament to the evolution and resilience of Japan's fast-food industry. Founded in 1899, the company has woven its identity around the beloved gyudon, a simple yet satisfying beef bowl, gaining a robust following both domestically and internationally. Operating primarily through its flagship brand, Yoshinoya offers a menu that centers on affordability, speed, and consistency, key elements that resonate with busy consumers looking for a quick, satisfying meal. Aside from its core gyudon offerings, the company has diversified its menu to include items that cater to regional tastes and preferences, which further enhances its appeal across different markets. The company’s success hinges on an effective supply chain management system, ensuring fresh ingredients and swift delivery, thus maintaining the quality and quick-service promise that customers have come to expect. Yoshinoya Holdings generates its revenue primarily through its extensive network of over 2,000 restaurants worldwide. This vast reach allows the company to leverage economies of scale, reducing costs while maximizing profit margins. The business model relies significantly on franchise operations, which effectively spreads its brand without the hefty capital expenditure associated with wholly-owned outlets. Additionally, Yoshinoya diversifies its revenue streams through strategic partnerships and collaborations, tapping into complementary segments such as food manufacturing and distribution. This comprehensive approach not only fortifies Yoshinoya against market volatility and shifts in consumer preferences but also positions it as a key player in the global fast-food landscape. The company’s adeptness in adapting to local markets while maintaining its iconic brand identity fosters loyalty and recurrent business, ensuring its enduring presence in the fast-paced world of quick-service dining.

Intrinsic Value
2 842.94 JPY
Overvaluation 11%
Intrinsic Value
Price ¥3 210
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