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Kyocera Corp
TSE:6971

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Kyocera Corp
TSE:6971
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Price: 2 710 JPY 0.46% Market Closed
Market Cap: ¥4.1T

P/B

1.2
Current
40%
More Expensive
vs 3-y average of 0.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.2
=
Market Cap
¥4.1T
/
Total Equity
¥3.4T

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.2
=
Market Cap
¥4.1T
/
Total Equity
¥3.4T

Valuation Scenarios

Kyocera Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (0.9), the stock would be worth ¥1 938.82 (28% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-28%
Maximum Upside
+16%
Average Downside
6%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.2 ¥2 710
0%
3-Year Average 0.9 ¥1 938.82
-28%
5-Year Average 0.9 ¥1 959.67
-28%
Industry Average 1.4 ¥3 105.49
+15%
Country Average 1.4 ¥3 137.78
+16%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
JP
Kyocera Corp
TSE:6971
4.1T JPY 1.2 39.5
US
II-VI Inc
LSE:0LHO
522.4B USD 61.2 2 717.6
JP
Canon Electronics Inc
TSE:7739
40.9T JPY 1.2 22.9
US
Amphenol Corp
NYSE:APH
184.2B USD 13.7 43.1
TW
Delta Electronics Inc
TWSE:2308
5.1T TWD 18.7 83.5
US
Corning Inc
NYSE:GLW
137B USD 12.1 89.5
TH
Delta Electronics Thailand PCL
SET:DELTA
3.6T THB 37.4 145.8
CN
Eoptolink Technology Inc Ltd
SZSE:300502
604.6B CNY 42 81.2
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
493.8B CNY 5.8 29.7
US
Coherent Corp
NYSE:COHR
63.3B USD 7.4 328.3
JP
Murata Manufacturing Co Ltd
TSE:6981
9T JPY 3.4 47.3

Market Distribution

In line with most companies in Japan
Percentile
39th
Based on 5 195 companies
39th percentile
1.2
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

Kyocera Corp
Glance View

Kyocera Corporation began its journey in 1959 when Kazuo Inamori, an ambitious engineer with a passion for ceramics, established Kyoto Ceramic Co., Ltd. in Japan. Starting as a manufacturer of fine ceramics, the company quickly expanded its horizons, delving into diverse industries and reinventing itself as a multifaceted conglomerate. At the heart of its operations lies an intricate understanding of ceramics, yet Kyocera’s key to success has been its ability to apply this expertise across different sectors: from electronic components and telecommunications to office equipment and solar energy. With a reputation for innovation and quality, the company manufactures components essential for technical devices, like semiconductor packaging and industrial ceramics, ensuring their presence in sectors ranging from aerospace to medical instruments. Kyocera's revenue streams are as diverse as its product lines. Its telecommunications division benefits from producing mobile phones and related infrastructure materials, reflecting the company's adaptability in a rapidly changing digital age. Meanwhile, the office equipment sector supplies everything from printers to document systems, providing comprehensive solutions for businesses globally. Additionally, Kyocera has been a pioneer in environmental sustainability, capitalizing on the burgeoning demand for renewable energy through its solar energy products. By intertwining technical excellence with a strategic diversity of offerings, Kyocera has effectively woven a safety net of stability and potential growth, positioning itself as a robust player in the global marketplace.

Intrinsic Value
1 594.7 JPY
Overvaluation 41%
Intrinsic Value
Price ¥2 710
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