Denso Corp
TSE:6902

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Denso Corp
TSE:6902
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Price: 1 883.5 JPY 0.83% Market Closed
Market Cap: ¥5.5T

P/S

0.7
Current
22%
Cheaper
vs 3-y average of 0.9

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.7
=
Market Cap
¥6T
/
Revenue
¥7.4T

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.7
=
Market Cap
¥6T
/
Revenue
¥7.4T

Valuation Scenarios

Denso Corp is trading below its 3-year average

If P/S returns to its 3-Year Average (0.9), the stock would be worth ¥2 407.45 (28% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-7%
Maximum Upside
+60%
Average Upside
24%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.7 ¥1 883.5
0%
3-Year Average 0.9 ¥2 407.45
+28%
5-Year Average 0.8 ¥2 143
+14%
Industry Average 0.6 ¥1 750.62
-7%
Country Average 1.1 ¥3 012.19
+60%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥6T
/
Jan 2026
¥7.4T
=
0.7
Current
¥6T
/
Mar 2026
¥7.5T
=
0.8
Forward
¥6T
/
Mar 2027
¥7.7T
=
0.8
Forward
¥6T
/
Mar 2028
¥7.9T
=
0.8
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
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Market Distribution

In line with most companies in Japan
Percentile
30th
Based on 5 249 companies
30th percentile
0.7
Low
0 — 0.7
Typical Range
0.7 — 1.9
High
1.9 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 1.9
Max 12 107 466

Denso Corp
Glance View

Market Cap
5.5T JPY
Industry
Auto Components

Denso Corporation, a stalwart in the automotive industry, traces its roots back to 1949 when it spun off from Toyota Motor Corporation with a vision to innovate and revolutionize automobile components manufacturing. With headquarters located in Kariya, Japan, Denso quietly became a global powerhouse, primarily crafting advanced technologies and components essential for nearly every automaker's lineup. Its diverse range of products includes powertrain systems, thermal systems, electronic systems, and safety systems that enhance vehicle performance, efficiency, and safety. Through continuous innovation and investment in research and development, Denso efficiently adapts to the rapidly changing automotive landscape, focusing on areas such as electrification, connectivity, and automation. This adaptability fosters a symbiotic relationship with leading automotive players and cements Denso’s pivotal role in the mobility revolution. Financially, Denso thrives by integrating high-quality manufacturing and cutting-edge technological insights, ensuring a steady stream of revenue from its expansive portfolio. The strategic emphasis on robust partnerships with automotive giants and the diversification of product offerings has cemented its revenue streams. Denso's approach ensures an operational focus beyond mere component manufacturing, wading into software solutions pivotal for future mobility trends such as autonomous driving and connected vehicles. As the automotive world navigates toward sustainability, Denso’s investments and innovations in electrification and hybrid systems not only demonstrate a commitment to environmental stewardship but also signify a strategic pursuit of profitable growth. Its ability to maintain operational excellence while embracing radical changes in vehicle technology has allowed Denso to not only survive but thrive, continuing to drive forward the future of mobility.

Intrinsic Value
2 645.38 JPY
Undervaluation 29%
Intrinsic Value
Price ¥1 883.5
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