Company Valuation: Canon Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 29,29,211 28,99,801 35,75,836 48,71,959 40,70,674 37,20,104 - -
Change - -1% 23.31% 36.25% -16.45% -8.61% - -
Enterprise Value (EV) 1 27,49,080 29,44,208 35,88,005 48,89,024 44,30,852 40,23,871 39,88,538 38,52,591
Change - 7.1% 21.87% 36.26% -9.37% -9.19% -0.88% -3.41%
P/E 13.6x 12.1x 13.7x 31.2x 12.6x 11.6x 11.1x 10.3x
PBR 1.02x 0.93x 1.07x 1.48x 1.17x 1.06x 1.01x 0.95x
PEG - 0.8x 1.2x -0.8x 0x 4.77x 2.36x 1.35x
Capitalization / Revenue 0.83x 0.72x 0.86x 1.08x 0.88x 0.78x 0.75x 0.74x
EV / Revenue 0.78x 0.73x 0.86x 1.08x 0.96x 0.84x 0.81x 0.76x
EV / EBITDA 5.46x 5.08x 5.84x 9.49x 6.38x 5.78x 5.55x 5.09x
EV / EBIT 9.75x 8.33x 9.56x 17.5x 9.73x 8.76x 8.35x 7.55x
EV / FCF 10x 36x 20.4x 13.9x 19.6x 14.5x 13.5x 12.2x
FCF Yield 9.96% 2.78% 4.9% 7.17% 5.11% 6.88% 7.39% 8.2%
Dividend per Share 2 100 120 140 155 160 160.6 167.3 173.9
Rate of return 3.57% 4.2% 3.87% 3% 3.45% 3.67% 3.82% 3.97%
EPS 2 205.4 236.7 264.2 165.5 367.5 376.4 394.1 424.2
Distribution rate 48.7% 50.7% 53% 93.6% 43.5% 42.7% 42.4% 41%
Net sales 1 35,13,357 40,31,414 41,80,972 45,09,821 46,24,727 47,74,248 49,36,037 50,38,719
EBITDA 1 5,03,164 5,79,891 6,14,042 5,15,219 6,94,626 6,95,806 7,18,507 7,56,367
EBIT 1 2,81,918 3,53,399 3,75,366 2,79,754 4,55,390 4,59,245 4,77,659 5,10,425
Net income 1 2,14,718 2,43,961 2,64,513 1,60,025 3,32,053 3,30,363 3,32,516 3,51,567
Net Debt 1 -1,80,131 44,407 12,169 17,065 3,60,178 3,03,767 2,68,434 1,32,487
Reference price 2 2,801.00 2,855.50 3,620.00 5,161.00 4,633.00 4,380.00 4,380.00 4,380.00
Nbr of stocks (in thousands) 10,45,773 10,15,514 9,87,800 9,43,995 8,78,626 8,49,339 - -
Announcement Date 27/01/22 30/01/23 30/01/24 30/01/25 29/01/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.64x0.84x5.78x3.67% 2.42TCr
11.77x0.91x5.06x2.6% 705.55Cr
13.14x0.45x5.48x2.78% 580.69Cr
36.93x10.87x25.68x0.81% 395.45Cr
11.11x2.18x7.11x2.13% 233.88Cr
9.9x0.44x4.67x3.02% 191.81Cr
12.51x0.62x7.35x2.62% 145.33Cr
11.94x - - 2.16% 96Cr
10.89x - - 3.06% 55Cr
Average 14.43x 2.33x 8.73x 2.54% 536.23Cr
Weighted average by Cap. 13.84x 1.70x 7.39x 3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!