Company Valuation: ORIX Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 2,853,231 2,496,074 3,798,509 3,503,942 4,880,583 6,758,897 - -
Change - -12.52% 52.18% -7.75% 39.29% 38.49% - -
Enterprise Value (EV) 6,765,089 6,982,733 8,813,673 8,464,757 9,967,478 6,758,897 6,758,897 6,758,897
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 2,520,365 2,666,373 2,814,361 2,874,821 3,330,831 3,424,221 3,594,709 3,875,320
EBITDA 1 632,434 667,422 724,955 731,353 861,039 422,686 491,510 524,977
EBIT 1 302,083 313,988 360,713 331,826 456,248 508,094 496,095 550,407
Net income 1 312,135 273,075 346,132 351,630 447,265 863,180 493,735 531,138
Net Debt 3,911,858 4,486,659 5,015,164 4,960,815 5,086,895 - - -
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) 1,165,774 1,146,829 1,151,412 1,136,168 1,059,384 1,095,268 - -
Announcement Date 5/11/22 5/10/23 5/8/24 5/12/25 5/11/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.04x3.34x9.15x3.18% 62.03B
7.9x - - 3.16% 42.95B
13.14x - - 2.13% 14.7B
8.09x0.98x - 3.29% 13.55B
12.26x0.83x - 1.99% 8.81B
7.84x - - 6.78% 6.8B
20.71x24.43x78.06x2.25% 4.46B
-76.57x2.61x13.84x1.49% 4.08B
Average 1.43x 6.44x 33.69x 3.03% 19.67B
Weighted average by Cap. 10.81x 3.74x 13.78x 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

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  3. 8591 Stock
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  5. Valuation ORIX Corporation