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DOWA Holdings Co Ltd
TSE:5714

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DOWA Holdings Co Ltd
TSE:5714
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Price: 9 500 JPY -1.45%
Market Cap: ¥588.9B

EV/S

0.9
Current
110%
More Expensive
vs 3-y average of 0.4

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
0.9
=
Enterprise Value
¥635B
/
Revenue
¥660.1B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
0.9
=
Enterprise Value
¥635B
/
Revenue
¥660.1B

Valuation Scenarios

DOWA Holdings Co Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (0.4), the stock would be worth ¥4 532.25 (52% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-52%
Maximum Upside
+27%
Average Downside
24%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 0.9 ¥9 500
0%
3-Year Average 0.4 ¥4 532.25
-52%
5-Year Average 0.4 ¥4 814.27
-49%
Industry Average 0.7 ¥7 369.45
-22%
Country Average 1.1 ¥12 109.49
+27%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
¥635B
/
Jan 2026
¥660.1B
=
0.9
Current
¥635B
/
Mar 2026
¥729.7B
=
0.9
Forward
¥635B
/
Mar 2027
¥823B
=
0.8
Forward
¥635B
/
Mar 2028
¥843.5B
=
0.8
Forward

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

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
JP
DOWA Holdings Co Ltd
TSE:5714
565.8B JPY 0.9 25.8
AU
BHP Group Ltd
ASX:BHP
284.9B AUD 3.9 19.6
AU
Rio Tinto Ltd
ASX:RIO
278.6B AUD 3.5 20
UK
Rio Tinto PLC
LSE:RIO
119.9B GBP 3.2 16
CH
Glencore PLC
LSE:GLEN
65.5B GBP 0.5 238.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 5 18
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 7 33.9
CN
CMOC Group Ltd
SSE:603993
414.4B CNY 2 20.4
UK
Anglo American PLC
LSE:AAL
43.5B GBP 3.5 -15.3
CN
China Molybdenum Co Ltd
OTC:CMCLF
52.2B USD 1.7 17.7
ZA
African Rainbow Minerals Ltd
JSE:ARI
44.5B ZAR 2.6 34.6

Market Distribution

In line with most companies in Japan
Percentile
40th
Based on 5 140 companies
40th percentile
0.9
Low
0 — 0.7
Typical Range
0.7 — 2
High
2 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 2
Max 12 107 466

DOWA Holdings Co Ltd
Glance View

Market Cap
588.9B JPY
Industry
Metals & Mining

DOWA Holdings Co. Ltd began its journey in the smelting industry over a century ago, laying a foundation steeped in metallurgical expertise. This Japanese company has evolved from its early days, diversifying significantly to establish itself as a multifaceted powerhouse in environmental management, recycling, and electronic materials. The company's origins in mineral resource development laid the groundwork for its robust smelting operations, which today remain a core component of its business. However, recognizing the shifting demands and opportunities of modern industries, DOWA has expanded its portfolio to include high-value-added services such as metal recycling and environmental solutions, which align with current trends toward sustainability and resource efficiency. At the heart of its operations, DOWA melds traditional metal refining with innovative processes to reclaim and recycle precious metals from electronic waste and other sources, catering to an increasingly eco-conscious market. Its recycling units transform discarded materials into valuable resources, while its environmental management arm offers waste treatment and soil remediation services. Meanwhile, its electronic materials sector focuses on producing advanced materials crucial for devices we use daily, from semiconductors to batteries. This blend of recycling, resource extraction, and cutting-edge material production allows DOWA to generate revenue from multiple streams, solidifying its position as a significant player in global resource and environmental management markets.

Intrinsic Value
6 597.73 JPY
Overvaluation 31%
Intrinsic Value
Price ¥9 500
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