Yamazaki Baking Co Ltd
TSE:2212

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Yamazaki Baking Co Ltd
TSE:2212
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Price: 3 172 JPY 1.18% Market Closed
Market Cap: ¥642.6B

P/OCF

7.9
Current
3%
Cheaper
vs 3-y average of 8.2

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
7.9
=
Market Cap
¥643B
/
Operating Cash Flow
¥78.9B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
7.9
=
Market Cap
¥643B
/
Operating Cash Flow
¥78.9B

Valuation Scenarios

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

If P/OCF returns to its 3-Year Average (8.2), the stock would be worth ¥3 275.45 (3% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-6%
Maximum Upside
+44%
Average Upside
20%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 7.9 ¥3 172
0%
3-Year Average 8.2 ¥3 275.45
+3%
5-Year Average 7.5 ¥2 980.49
-6%
Industry Average 11 ¥4 386.18
+38%
Country Average 11.5 ¥4 572.2
+44%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
JP
Yamazaki Baking Co Ltd
TSE:2212
626.6B JPY 7.9 15.3
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 863.9 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 13.2 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 16.4 30.1
FR
Danone SA
PAR:BN
43.3B EUR 11.4 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 21.4 12.8
US
Hershey Co
NYSE:HSY
38.8B USD 17.1 44
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 11 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 29.8 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 10.7 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 45.3 32.4

Market Distribution

Lower than 70% of companies in Japan
Percentile
30th
Based on 4 634 companies
30th percentile
7.9
Low
0.1 — 8
Typical Range
8 — 16
High
16 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 8
Median 11.5
70th Percentile 16
Max 277 515 329.3

Yamazaki Baking Co Ltd
Glance View

Market Cap
642.6B 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 20%
Intrinsic Value
Price ¥3 172
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