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Hoya Corp
TSE:7741

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Hoya Corp
TSE:7741
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Price: 28 590 JPY 0.33% Market Closed
Market Cap: ¥9.7T

P/B

9.4
Current
39%
More Expensive
vs 3-y average of 6.8

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
9.4
=
Market Cap
¥9.8T
/
Total Equity
¥1T

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
9.4
=
Market Cap
¥9.8T
/
Total Equity
¥1T

Valuation Scenarios

Hoya Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (6.8), the stock would be worth ¥20 541.05 (28% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-85%
Maximum Upside
No Upside Scenarios
Average Downside
55%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 9.4 ¥28 590
0%
3-Year Average 6.8 ¥20 541.05
-28%
5-Year Average 6.8 ¥20 724.4
-28%
Industry Average 2 ¥5 979.71
-79%
Country Average 1.4 ¥4 294.19
-85%

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
P/E Multiple
Earnings Growth PEG
JP
Hoya Corp
TSE:7741
Average P/E: 32.8
38.6
15%
2.6
US
M
Medline Inc
NASDAQ:MDLN
Not Available
30%
N/A
CH
Alcon AG
SIX:ALC
37.3
32%
1.2
DK
Coloplast A/S
CSE:COLO B
23.5
21%
1.1
US
Align Technology Inc
NASDAQ:ALGN
33
34%
1
UK
ConvaTec Group PLC
LSE:CTEC
32.7
41%
0.8
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -15.5 N/A N/A
JP
A
Asahi Intecc Co Ltd
TSE:7747
50.3
40%
1.3
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23.3
9%
2.6
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -36.2 N/A N/A
US
Lantheus Holdings Inc
NASDAQ:LNTH
23.3
30%
0.8

Market Distribution

Higher than 96% of companies in Japan
Percentile
96th
Based on 5 195 companies
96th percentile
9.4
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

Hoya Corp
Glance View

In the bustling corridors of Tokyo, Hoya Corporation has woven a remarkable narrative since its inception in 1941. Originally founded as a specialty glass manufacturer, Hoya has deftly navigated the shifting tides of technological advancement, transforming itself into a multifaceted entity deeply embedded in the optics and technology sectors. Today, Hoya stands as a pioneer in the production of optical lenses, endoscopy systems, and sophisticated glass substrates essential for hard disk drives. The firm has strategically capitalized on the ever-growing demand in both healthcare and electronics, making a mark with its lens segment, which caters to both eyeglass wearers and the burgeoning field of medical technology. Underpinned by a philosophy of innovation and diversified growth, Hoya has continually bolstered its portfolio through strategic acquisitions and robust research and development initiatives. The company deftly harnesses its expertise in precision glass to deliver critical components such as semiconductor mask blanks, demonstrating its pivotal role in the digital economy's supply chain. This confluence of cutting-edge technology and strategic foresight not only underlines Hoya's financial vitality but also cements its crucial position in an array of global markets, from consumer optics to intricate healthcare solutions. In weaving these threads through its business fabric, Hoya not only sustains a legacy of over eight decades but also fortifies its trajectory for future expansion, driven by continuous innovation and a keen sense for market evolution.

Intrinsic Value
14 577.01 JPY
Overvaluation 49%
Intrinsic Value
Price ¥28 590
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