Yonex Co Ltd
TSE:7906

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Yonex Co Ltd
TSE:7906
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Price: 2 744 JPY 0.33%
Market Cap: ¥254.8B

P/E

21.4
Current
19%
More Expensive
vs 3-y average of 18.1

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

P/E
21.4
=
Market Cap
¥319.1B
/
Net Income
¥11B

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

P/E
21.4
=
Market Cap
¥319.1B
/
Net Income
¥11B

Valuation Scenarios

Yonex Co Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (18.1), the stock would be worth ¥2 313.67 (16% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-21%
Maximum Upside
No Upside Scenarios
Average Downside
13%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 21.4 ¥2 744
0%
3-Year Average 18.1 ¥2 313.67
-16%
5-Year Average 17.9 ¥2 296.01
-16%
Industry Average 21.2 ¥2 712.12
-1%
Country Average 17 ¥2 177.66
-21%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥319.1B
/
Jan 2026
¥11B
=
21.4
Current
¥319.1B
/
Mar 2026
¥12.9B
=
24.8
Forward
¥319.1B
/
Mar 2027
¥14.6B
=
21.8
Forward
¥319.1B
/
Mar 2028
¥16.1B
=
19.9
Forward

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

Peer Comparison

All Countries
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Market Distribution

In line with most companies in Japan
Percentile
66th
Based on 5 185 companies
66th percentile
21.4
Low
0 — 13.1
Typical Range
13.1 — 23
High
23 —
Distribution Statistics
Japan
Min 0
30th Percentile 13.1
Median 17
70th Percentile 23
Max 7 956 708

Yonex Co Ltd
Glance View

Market Cap
254.8B JPY
Industry
Leisure Products

In the vibrant world of sports equipment, Yonex Co Ltd. stands as a testament to precision and pioneering spirit. Originating from a small textile business in 1946, founder Minoru Yoneyama navigated the company through post-war Japan's economic landscape with a relentless drive. Initially focusing on wooden floats for fishnets, Yonex’s wrong turn in the industry due to technological shifts led to a transformation. The company's retained resilience saw it pivot successfully into the realm of badminton rackets by the 1950s. This marked Yonex's initial foray into sports gear, defining a trajectory that would later see it become synonymous with innovation in badminton, tennis, and golf equipment. Yonex’s revenue engine is powered by its unmatched expertise in manufacturing superior quality rackets and sportswear, a field where it's revered for its technological ingenuity. The company’s business model intricately weaves advanced composites and proprietary technologies into its products, promising players equipment that enhances performance and reduces injury risk. Aside from its flagship product lines of rackets and shuttlecocks, Yonex also expands its portfolio by hosting prestigious international tournaments, thereby cementing its brand presence. Today, Yonex's distinctive commitment to excellence not only fuels its profitability but also fosters a global community of athletes who trust in its heritage and innovation.

Intrinsic Value
3 059.41 JPY
Undervaluation 10%
Intrinsic Value
Price ¥2 744
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