Goldwin Inc
TSE:8111

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Goldwin Inc
TSE:8111
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Price: 2 256 JPY -1.53% Market Closed
Market Cap: ¥321.1B

EV/EBITDA

10.1
Current
25%
Cheaper
vs 3-y average of 13.6

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
10.1
=
Enterprise Value
¥287.3B
/
EBITDA
¥26B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
10.1
=
Enterprise Value
¥287.3B
/
EBITDA
¥26B

Valuation Scenarios

Goldwin Inc is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (13.6), the stock would be worth ¥3 025.87 (34% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-14%
Maximum Upside
+41%
Average Upside
12%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 10.1 ¥2 256
0%
3-Year Average 13.6 ¥3 025.87
+34%
5-Year Average 14.3 ¥3 182.25
+41%
Industry Average 8.9 ¥1 979.52
-12%
Country Average 8.7 ¥1 929.32
-14%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥287.3B
/
Jan 2026
¥26B
=
10.1
Current
¥287.3B
/
Mar 2026
¥31.3B
=
9.2
Forward
¥287.3B
/
Mar 2027
¥31.6B
=
9.1
Forward
¥287.3B
/
Mar 2028
¥35B
=
8.2
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
JP
Goldwin Inc
TSE:8111
309.1B JPY 10.1 14
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
241.2B EUR 10.1 22.2
FR
Hermes International SCA
PAR:RMS
175.7B EUR 21.7 38.8
KR
SBW
KRX:102280
235.5T KRW -79 390.5 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
92.7B CHF 20.9 24.7
FR
EssilorLuxottica SA
PAR:EL
95.7B EUR 16.2 41.4
FR
Christian Dior SE
PAR:CDI
83.2B EUR 4.2 18.4
IN
Titan Company Ltd
NSE:TITAN
4T INR 52.1 83.4
FR
Kering SA
PAR:KER
29.8B EUR 11.1 418.4
US
Tapestry Inc
NYSE:TPR
30.5B USD 18 58.4
CN
ANTA Sports Products Ltd
HKEX:2020
239.5B HKD 7.9 15.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
JP
Goldwin Inc
TSE:8111
Average EV/EBITDA: 17.2
10.1
13%
0.8
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
10.1
4%
2.5
FR
Hermes International SCA
PAR:RMS
21.7
8%
2.7
KR
SBW
KRX:102280
Negative Multiple: -79 390.5 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
20.9
8%
2.6
FR
EssilorLuxottica SA
PAR:EL
16.2
13%
1.2
FR
Christian Dior SE
PAR:CDI
4.2
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
52.1
27%
1.9
FR
Kering SA
PAR:KER
11.1
11%
1
US
Tapestry Inc
NYSE:TPR
18
13%
1.4
CN
ANTA Sports Products Ltd
HKEX:2020
7.9
6%
1.3
P/E Multiple
Earnings Growth PEG
JP
Goldwin Inc
TSE:8111
Average P/E: 73.5
14
8%
1.8
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
22.2
11%
2
FR
Hermes International SCA
PAR:RMS
38.8
12%
3.2
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
24.7
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
41.4
26%
1.6
FR
Christian Dior SE
PAR:CDI
18.4
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
83.4
32%
2.6
FR
Kering SA
PAR:KER
418.4
186%
2.2
US
Tapestry Inc
NYSE:TPR
58.4
107%
0.5
CN
ANTA Sports Products Ltd
HKEX:2020
15.4
10%
1.5

Market Distribution

In line with most companies in Japan
Percentile
60th
Based on 5 051 companies
60th percentile
10.1
Low
0.1 — 6.7
Typical Range
6.7 — 12.2
High
12.2 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 6.7
Median 8.7
70th Percentile 12.2
Max 214 699 781.2

Goldwin Inc
Glance View

Nestled in the heart of Japan, Goldwin Inc. has carved out a distinct niche in the global apparel industry, a journey defined by innovation and a commitment to quality. Originally founded in 1951, Goldwin began as a humble knitwear manufacturer in Toyama Prefecture. Over the decades, the company has evolved into a renowned athletic and outdoor performance apparel brand, with a portfolio comprising several distinguished labels, such as The North Face (for which it holds exclusive licensing and distribution rights in Japan), Goldwin, and C3fit. The company’s prowess lies in its ability to blend traditional craftsmanship with cutting-edge technology. This approach shines brightly in products that offer superior functionality and comfort, designed to meet the diverse needs of sports enthusiasts and outdoor adventurers worldwide. Financially, Goldwin's strategy hinges on its robust distribution channels and a firm grip on product development. The company maximizes revenue by leveraging both brick-and-mortar stores across Japan and a growing online presence, offering consumers direct access to its premier collections. Its international expansion strategy also contributes significantly to its revenue streams, branching out into various markets that crave the quality and innovation Japanese brands are known for. Goldwin's revenue model is primarily driven by apparel sales, and it continues to fortify its market position through strategic collaborations and a focus on sustainable practices, including eco-friendly materials and processes. In a competitive industry, Goldwin has managed to remain resilient and profitable, reflecting its adept ability to adapt while staying true to its foundational principles.

Intrinsic Value
3 255.97 JPY
Undervaluation 31%
Intrinsic Value
Price ¥2 256
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