Company Valuation: ORIX Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 28,53,231 24,96,074 37,98,509 35,03,942 48,80,583 67,58,897 - -
Change - -12.52% 52.18% -7.75% 39.29% 38.49% - -
Enterprise Value (EV) 67,65,089 69,82,733 88,13,673 84,64,757 99,67,478 67,58,897 67,58,897 67,58,897
Change - 3.22% 26.22% -3.96% 17.75% -32.19% 0% 0%
P/E 9.44x 9.41x 11.1x 10x 11.5x 7.9x 13.1x 11.8x
PBR 0.9x 0.76x 0.96x 0.86x 1.13x 1.35x 1.3x 1.23x
PEG - -0.9x 0.4x 3.25x 0.4x 0.1x -0.3x 1.1x
Capitalization / Revenue 1.13x 0.94x 1.35x 1.22x 1.47x 1.97x 1.88x 1.74x
EV / Revenue 0x 0x 0x 0x 0x 1.97x 1.88x 1.74x
EV / EBITDA 0x 0x 0x 0x 0x 16x 13.8x 12.9x
EV / EBIT 0x 0x 0x 0x 0x 13.3x 13.6x 12.3x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 85.6 85.6 98.6 120 156.1 195.2 194.1 207.6
Rate of return 3.5% 3.93% 2.99% 3.89% 3.39% 3.16% 3.14% 3.36%
EPS 2 259.4 231.4 298.6 307.7 400.3 781.1 472.8 522.3
Distribution rate 33% 37% 33% 39% 39% 25% 41% 39.7%
Net sales 1 25,20,365 26,66,373 28,14,361 28,74,821 33,30,831 34,24,221 35,94,709 38,75,320
EBITDA 1 6,32,434 6,67,422 7,24,955 7,31,353 8,61,039 4,22,686 4,91,510 5,24,977
EBIT 1 3,02,083 3,13,988 3,60,713 3,31,826 4,56,248 5,08,094 4,96,095 5,50,407
Net income 1 3,12,135 2,73,075 3,46,132 3,51,630 4,47,265 8,63,180 4,93,735 5,31,138
Net Debt 39,11,858 44,86,659 50,15,164 49,60,815 50,86,895 - - -
Reference price 2 2,447.50 2,176.50 3,299.00 3,084.00 4,607.00 6,171.00 6,171.00 6,171.00
Nbr of stocks (in thousands) 11,65,774 11,46,829 11,51,412 11,36,168 10,59,384 10,95,268 - -
Announcement Date 11/05/22 10/05/23 08/05/24 12/05/25 11/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.26x3.4x9.31x3.14% 6.27TCr
7.75x - - 3.23% 4.17TCr
12.84x - - 2.18% 1.44TCr
7.97x0.96x - 3.34% 1.32TCr
12.11x0.81x - 2.02% 870.54Cr
8.13x - - 6.53% 686.52Cr
21.11x24.52x78.35x2.21% 453.47Cr
-77.18x2.63x13.93x1.48% 411.56Cr
Average 1.37x 6.46x 33.86x 3.02% 1.95TCr
Weighted average by Cap. 10.87x 3.80x 13.96x 3.11%

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