Yamazaki Baking Co Ltd
TSE:2212

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Yamazaki Baking Co Ltd
TSE:2212
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Price: 3 244 JPY -1.13%
Market Cap: ¥657.2B

EV/IC

0.8
Current
0%
Cheaper
vs 3-y average of 0.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.8
=
Enterprise Value
¥568.4B
/
Invested Capital
¥673.6B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.8
=
Enterprise Value
¥568.4B
/
Invested Capital
¥673.6B

Valuation Scenarios

Yamazaki Baking Co Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth ¥3 256.64 (0% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-11%
Maximum Upside
+14%
Average Upside
3%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.8 ¥3 244
0%
3-Year Average 0.8 ¥3 256.64
+0%
5-Year Average 0.7 ¥2 879.56
-11%
Industry Average 0.9 ¥3 462.41
+7%
Country Average 1 ¥3 708.53
+14%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
JP
Yamazaki Baking Co Ltd
TSE:2212
640.9B JPY 0.8 15.7
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 27 042.7 540 752.8
CH
Nestle SA
SIX:NESN
203.3B CHF 2.4 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.7B USD 1.6 32.1
FR
Danone SA
PAR:BN
42.7B EUR 1.5 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.6B ZAR 2.7 12.5
US
Hershey Co
NYSE:HSY
37.7B USD 3.6 42.7
CN
Muyuan Foods Co Ltd
SZSE:002714
244.2B CNY 2 25
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
225.7B CNY 13 32.1
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 3.9 12.8
JP
Ajinomoto Co Inc
TSE:2802
4.7T JPY 3.6 60.6

Market Distribution

In line with most companies in Japan
Percentile
41th
Based on 5 142 companies
41th percentile
0.8
Low
0 — 0.7
Typical Range
0.7 — 1.5
High
1.5 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1
70th Percentile 1.5
Max 23 050 349

Yamazaki Baking Co Ltd
Glance View

Market Cap
657.2B JPY
Industry
Food Products

Yamazaki Baking Co Ltd., founded in the post-war recovery era of 1948, has grown from its humble beginnings to become the largest bread-baking company in Japan. Initially, the company started as a small bakery in Tokyo, striving to provide the nation with quality bread during a time when staple foods were in urgent demand. Over the years, through persistent innovation and a steadfast commitment to quality, Yamazaki expanded its offerings beyond bread to include a wide array of baked goods, snacks, and desserts. The company's comprehensive product line features everything from traditional Japanese sweets to Western pastries, ensuring their products cater to varied consumer tastes across Japan. At the heart of Yamazaki's business model is its comprehensive distribution network, which ensures fresh products reach supermarkets, convenience stores, and its own retail outlets daily. By mastering the logistics of delivering bakery products efficiently and maintaining partnerships with retail giants, Yamazaki secures a steady stream of revenue. Moreover, its strategic acquisitions and overseas expansions have fueled growth, serving as a testament to its ability to adapt to global market dynamics while retaining its reputation for quality and freshness. This infrastructure not only underpins its domestic dominance but also amplifies its presence within the broader Asian market, thus ensuring continued resilience and profitability in a competitive industry.

Intrinsic Value
3 979.74 JPY
Undervaluation 18%
Intrinsic Value
Price ¥3 244
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