Company Valuation: ORIX Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 2,853,231 2,496,074 3,798,509 3,503,942 4,880,583 7,023,078 - -
Change - -12.52% 52.18% -7.75% 39.29% 43.9% - -
Enterprise Value (EV) 6,765,089 6,982,733 8,813,673 8,464,757 9,967,478 7,023,078 7,023,078 7,023,078
Change - 3.22% 26.22% -3.96% 17.75% -29.54% 0% 0%
P/E 9.44x 9.41x 11.1x 10x 11.5x 12.1x 13.3x 12.1x
PBR 0.9x 0.76x 0.96x 0.86x 1.13x 1.44x 1.41x 1.3x
PEG - -0.9x 0.4x 3.25x 0.4x 0.4x -1.51x 1.27x
Capitalization / Revenue 1.13x 0.94x 1.35x 1.22x 1.47x 2.06x 1.98x 1.85x
EV / Revenue 0x 0x 0x 0x 0x 2.06x 1.98x 1.85x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 13.5x 13.6x 12.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 85.6 85.6 98.6 120 156.1 198.2 195.5 206
Rate of return 3.5% 3.93% 2.99% 3.89% 3.39% 3.08% 3.04% 3.2%
EPS 2 259.4 231.4 298.6 307.7 400.3 530.4 483.5 529.7
Distribution rate 33% 37% 33% 39% 39% 37.4% 40.4% 38.9%
Net sales 1 2,520,365 2,666,373 2,814,361 2,874,821 3,330,831 3,404,600 3,549,773 3,799,463
EBITDA 632,434 667,422 724,955 731,353 861,039 - - -
EBIT 1 302,083 313,988 360,713 331,826 456,248 521,597 517,856 562,950
Net income 1 312,135 273,075 346,132 351,630 447,265 560,112 501,099 538,452
Net Debt 3,911,858 4,486,659 5,015,164 4,960,815 5,086,895 - - -
Reference price 2 2,447.50 2,176.50 3,299.00 3,084.00 4,607.00 6,430.00 6,430.00 6,430.00
Nbr of stocks (in thousands) 1,165,774 1,146,829 1,151,412 1,136,168 1,059,384 1,092,236 - -
Announcement Date 11/5/22 10/5/23 8/5/24 12/5/25 11/5/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.05x - - 3.1% 43B
19.23x3.64x9.97x2.98% 64.99B
7.56x - - 2.37% 13.46B
6.07x0.87x - 3.98% 11.11B
11.43x0.84x - 1.94% 8.97B
7.76x - - 6.84% 6.77B
-157.9x2.77x15.4x1.07% 4.11B
26.16x - - 1.72% 3.97B
19.85x5.8x13.92x2.6% 3.15B
Average -5.31x 2.78x 13.10x 2.96% 17.73B
Weighted average by Cap. 10.09x 3.07x 10.45x 3.05%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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