Company Valuation: Canon Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,929,211 2,899,801 3,575,836 4,871,959 4,070,674 3,715,937 - -
Change - -1% 23.31% 36.25% -16.45% -8.71% - -
Enterprise Value (EV) 1 2,749,080 2,944,208 3,588,005 4,889,024 4,430,852 4,005,004 3,949,885 3,820,551
Change - 7.1% 21.87% 36.26% -9.37% -9.61% -1.38% -3.27%
P/E Ratio 13.6x 12.1x 13.7x 31.2x 12.6x 11.9x 10.6x 9.86x
PBR 1.02x 0.93x 1.07x 1.48x 1.17x 1.04x 0.99x 0.94x
PEG - 0.8x 1.2x -0.8x 0x -8.82x 0.9x 1.31x
Capitalization / Revenue 0.83x 0.72x 0.86x 1.08x 0.88x 0.78x 0.76x 0.74x
EV / Revenue 0.78x 0.73x 0.86x 1.08x 0.96x 0.84x 0.81x 0.77x
EV / EBITDA 5.46x 5.08x 5.84x 9.49x 6.38x 5.83x 5.38x 4.98x
EV / EBIT 9.75x 8.33x 9.56x 17.5x 9.73x 8.92x 7.95x 7.27x
EV / FCF 10x 36x 20.4x 13.9x 19.6x 14.5x 12.6x 10.6x
FCF Yield 9.96% 2.78% 4.9% 7.17% 5.11% 6.9% 7.95% 9.47%
Dividend per Share 2 100 120 140 155 160 162.9 172.5 179.7
Rate of return 3.57% 4.2% 3.87% 3% 3.45% 3.78% 4.01% 4.17%
EPS 2 205.4 236.7 264.2 165.5 367.5 362.5 406.1 436.6
Distribution rate 48.7% 50.7% 53% 93.6% 43.5% 44.9% 42.5% 41.2%
Net sales 1 3,513,357 4,031,414 4,180,972 4,509,821 4,624,727 4,760,372 4,897,065 4,989,761
EBITDA 1 503,164 579,891 614,042 515,219 694,626 686,920 733,983 767,700
EBIT 1 281,918 353,399 375,366 279,754 455,390 448,744 496,950 525,644
Net income 1 214,718 243,961 264,513 160,025 332,053 315,929 347,065 365,756
Net Debt 1 -180,131 44,407 12,169 17,065 360,178 289,067 233,948 104,614
Reference price 2 2,801.00 2,855.50 3,620.00 5,161.00 4,633.00 4,306.00 4,306.00 4,306.00
Nbr of stocks (in thousands) 1,045,773 1,015,514 987,800 943,995 878,626 862,967 - -
Announcement Date 1/27/22 1/30/23 1/30/24 1/30/25 1/29/26 - - -
1JPY in Million2JPY
Estimates

P/E Ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.83x - - 2.62% 5.95B
13.49x0.43x5.84x2.73% 5.21B
11.38x2.23x7.33x2.06% 2.34B
10.98x0.51x5.49x1.7% 1.82B
14.08x0.73x8.81x2.13% 1.65B
-115.21x - - 0.62% 1.07B
-45.42x - - - 941M
11.19x - - 3.31% 466M
28.08x0.61x5.92x2% 357M
Average -6.29x 0.90x 6.68x 2.14% 2.2B
Weighted average by Cap. 3.94x 0.86x 6.52x 2.34%

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

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