Valuation Keyence Corporation

Stocks

6861

JP3236200006

Electronic Equipment & Parts

Delayed Japan Exchange 06:30:00 15/10/2026 +04			5-day change	1st Jan Change
78,140.00 ^JPY	-2.73%		-2.33%	+37.86%

10-09	JPMorgan Global Growth & Income optimistic as beaten by benchmark	AN
08-04	Daiwa Upgrades Keyence to Outperform from Neutral; Price Target is 95,000 Yen	MT

Company Valuation: Keyence Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	13,290,446	14,612,193	17,289,660	14,777,076	14,328,389	19,482,040	-	-
Change	-	9.95%	18.32%	-14.53%	-3.04%	35.97%	-	-
Enterprise Value (EV) ¹	12,285,874	13,671,735	16,156,884	13,557,842	12,834,500	17,752,361	17,535,076	17,256,174
Change	-	11.28%	18.18%	-16.09%	-5.34%	38.32%	-1.22%	-1.59%
P/E	43.8x	40.3x	46.8x	37.1x	32.2x	34.4x	30.7x	27.7x
PBR	6.11x	5.86x	6.16x	4.75x	4.13x	5.03x	4.52x	4.06x
PEG	-	2.1x	25.43x	4.73x	2.8x	1.3x	2.6x	2.5x
Capitalization / Revenue	17.6x	15.8x	17.9x	14x	12.3x	13.4x	12x	10.9x
EV / Revenue	16.3x	14.8x	16.7x	12.8x	11x	12.2x	10.8x	9.61x
EV / EBITDA	28.8x	26.8x	31.8x	24x	20.9x	22.3x	19.7x	17.6x
EV / EBIT	29.4x	27.4x	32.6x	24.7x	21.5x	22.9x	20.2x	18x
EV / FCF	47.2x	95x	111x	34.3x	108x	54.8x	39.2x	32.6x
FCF Yield	2.12%	1.05%	0.9%	2.91%	0.92%	1.83%	2.55%	3.06%
Dividend per Share ²	200	300	300	350	550	641.4	738.6	837.5
Rate of return	0.36%	0.5%	0.42%	0.57%	0.93%	0.8%	0.92%	1.04%
EPS ²	1,251	1,497	1,524	1,644	1,836	2,337	2,613	2,898
Distribution rate	16%	20%	19.7%	21.3%	30%	27.4%	28.3%	28.9%
Net sales ¹	755,174	922,422	967,288	1,059,145	1,169,289	1,450,220	1,626,031	1,795,013
EBITDA ¹	426,666	510,437	508,781	564,968	612,986	795,256	889,125	981,262
EBIT ¹	418,045	498,914	495,014	549,775	595,759	775,325	868,674	960,045
Net income ¹	303,360	362,963	369,642	398,656	445,185	566,222	632,040	699,126
Net Debt ¹	-1,004,572	-940,458	-1,132,776	-1,219,234	-1,493,889	-1,729,679	-1,946,964	-2,225,866
Reference price ²	54,800.00	60,250.00	71,290.00	60,930.00	59,080.00	80,330.00	80,330.00	80,330.00
Nbr of stocks (in thousands)	242,526	242,526	242,526	242,525	242,525	242,525	-	-
Announcement Date	27/04/22	27/04/23	25/04/24	25/04/25	24/04/26	-	-	-

¹JPY in Million²JPY

Estimates

P/E, Detailed evolution

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
KEYENCE CORPORATION	34.14x	12.15x	22.15x	0.8%	122B
AMPHENOL CORPORATION	33.54x	6.26x	19.02x	0.64%	212B
CORNING INCORPORATED	55.26x	6.92x	23.67x	0.76%	128B
HON HAI PRECISION INDUSTRY CO., LTD.	12.88x	0.29x	6.47x	3.91%	105B
MURATA MANUFACTURING CO., LTD.	37.4x	6.12x	20.07x	0.93%	87.12B
SAMSUNG ELECTRO-MECHANICS CO., LTD.	64.47x	6.97x	31.9x	0.21%	74.82B
EOPTOLINK TECHNOLOGY INC., LTD.	22.87x	8.18x	16.62x	0.55%	73.17B
TE CONNECTIVITY PLC	19.85x	3.34x	12.79x	1.35%	62.51B
COHERENT CORP.	39.17x	5.53x	20.84x	0.01%	57.11B
LUXSHARE PRECISION INDUSTRY CO., LTD.	16.62x	0.99x	11.1x	0.76%	55.69B
Average	33.62x	5.67x	18.46x	0.99%	97.69B
Weighted average by Cap.	34.65x	6.10x	18.84x	1.03%