Asics Corp
TSE:7936

Watchlist Manager
Asics Corp Logo
Asics Corp
TSE:7936
Watchlist
Price: 4 414 JPY -1.43% Market Closed
Market Cap: ¥3.2T

P/OCF

28.5
Current
42%
More Expensive
vs 3-y average of 20

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
28.5
=
Market Cap
¥3T
/
Operating Cash Flow
¥109.9B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
28.5
=
Market Cap
¥3T
/
Operating Cash Flow
¥109.9B

Valuation Scenarios

Asics Corp is trading above its 3-year average

If P/OCF returns to its 3-Year Average (20), the stock would be worth ¥3 102.99 (30% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-68%
Maximum Upside
No Upside Scenarios
Average Downside
53%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 28.5 ¥4 414
0%
3-Year Average 20 ¥3 102.99
-30%
5-Year Average 9.1 ¥1 409.44
-68%
Industry Average 12.7 ¥1 963.05
-56%
Country Average 11.5 ¥1 776.36
-60%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
JP
Asics Corp
TSE:7936
3.1T JPY 28.5 31.7
US
Nike Inc
NYSE:NKE
66.1B USD 39 29.4
US
Deckers Outdoor Corp
NYSE:DECK
15.4B USD 15.3 14.9
CH
On Holding AG
NYSE:ONON
12B USD 26.2 46.2
US
Skechers USA Inc
NYSE:SKX
9.5B USD 14.8 14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
7.2B USD 16.7 16.2
CN
Huali Industrial Group Co Ltd
SZSE:300979
49.6B CNY 13.2 15.5
US
Crocs Inc
NASDAQ:CROX
5.1B USD 7.2 -63.3
DE
Puma SE
XETRA:PUM
3.7B EUR -11.5 -5.7
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
24B HKD 6.5 8.1
US
Steven Madden Ltd
NASDAQ:SHOO
2.8B USD 17.3 62.8
P/E Multiple
Earnings Growth PEG
JP
Asics Corp
TSE:7936
Average P/E: 26.6
31.7
17%
1.9
US
Nike Inc
NYSE:NKE
29.4
3%
9.8
US
Deckers Outdoor Corp
NYSE:DECK
14.9
7%
2.1
CH
On Holding AG
NYSE:ONON
46.2
49%
0.9
US
Skechers USA Inc
NYSE:SKX
14.3
1%
14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
16.2
16%
1
CN
Huali Industrial Group Co Ltd
SZSE:300979
15.5
N/A N/A
US
Crocs Inc
NASDAQ:CROX
Negative Multiple: -63.3 N/A N/A
DE
Puma SE
XETRA:PUM
Negative Multiple: -5.7 N/A N/A
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
8.1
3%
2.7
US
Steven Madden Ltd
NASDAQ:SHOO
62.8
81%
0.8

Market Distribution

Higher than 89% of companies in Japan
Percentile
89th
Based on 4 634 companies
89th percentile
28.5
Low
0.1 — 8
Typical Range
8 — 16
High
16 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 8
Median 11.5
70th Percentile 16
Max 277 515 329.3

Asics Corp
Glance View

In the bustling city of Kobe, Japan, Asics Corporation found its humble beginnings shortly after World War II, birthed from the vision of Kihachiro Onitsuka, whose ambition was to inspire youth through athletics. Initially starting with basketball shoes, Asics has since evolved into a global powerhouse in the sportswear industry, distinguished by its commitment to innovation and technology-infused products. The company stands by its motto, "Anima Sana In Corpore Sano," meaning "a sound mind in a sound body," which reflects its dedication to creating products that not only enhance athletic performance but also promote overall well-being. Asics operates through a diverse network of subsidiaries and retailers, extending its footprint across continents and resonating with athletes and fitness enthusiasts alike. While its core revenue is driven by premium running shoes—lauded for their advanced cushioning systems and biomechanical designs—Asics has astutely diversified its portfolio. Beyond footwear, the company generates income from a range of apparel and accessories, designed using the latest technologies for optimal comfort and performance. Moreover, Asics is increasingly exploring digital innovations to retain its competitive edge, emphasizing customized experiences and sustainability initiatives to resonate with a modern, eco-conscious consumer base. Through these multifaceted strategies, Asics not only secures its position as a market leader but also embodies a meaningful legacy of promoting a healthy and active lifestyle globally.

Intrinsic Value
4 214.91 JPY
Overvaluation 5%
Intrinsic Value
Price ¥4 414
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett