Shibuya Corporation

6340.T · Industrials · Specialty Industrial Machinery · Valued as of 2026-11-03 · Statements 2025-06-30

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

1.22B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

886.55M USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

1.23B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

1.11B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

987.21M USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

1.13×

the ratio the screener ranks by

Margin of Safety

+11.4%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 1.22B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)933.94M USD
+②Net Cash Today219.73M USD
+③Growth Value70.19M USD
=Value1.22B USD

EPV of the Operations (NOPAT over WACC)

933.94M USD

Net cash today

+219.73M USD

Growth Value

+70.19M USD

Value

1.22B USD

①EPV (Earnings Power Value)

933.94M USD

②Net Cash Today

219.73M USD

③Growth Value

70.19M USD

Market value

Market Cap987.21M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+19.3%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 886.55M USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE439.70M USD
+②Equity at Year 15, Today446.85M USD
=Value886.55M USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

439.70M USD

②Equity at Year 15, Today

446.85M USD

Market value

Market Cap987.21M USD

The price on the date above times the shares.

Value vs market

Margin of Safety-11.4%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 1.23B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF568.76M USD
+②Invested Capital at Year 15, Today444.49M USD
+③Net Cash Today219.73M USD
=Value1.23B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

568.76M USD

②Invested Capital at Year 15, Today

444.49M USD

③Net Cash Today

219.73M USD

Market value

Market Cap987.21M USD

The price on the date above times the shares.

Value vs market

Margin of Safety+19.9%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 7.54%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.53×Market Risk Premium 6.00%= 7.69%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 28.34M USDPretax Income 97.97M USD= 28.92%

The tax the interest saves.

Interest Expense =EBIT 98.17M USD−Pretax Income 97.97M USD= 200.87K USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 200.87K USDTotal Debt 20.75M USD×(1 − Tax Rate for WACC 28.92%)= 0.69%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 20.75M USDMarket Cap + Total Debt 987.21M USD + 20.75M USD= 2.06%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 97.94%×Cost of Equity 7.69%+Debt Weight 2.06%×Cost of Debt 0.69%= 7.54%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2025-12-31.

Total Assets 1.03B USD − Total Liabilities 311.93M USD = Book Value Today 714.04M USD

Total Debt 20.75M USD − Cash and Short-Term Investments 240.48M USD = Net Debt Today -219.73M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-0.0%at most 5%passes27,666,271 / 27,667,076
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets-0.7%at least -10.0%passes(62.82M USD − 69.63M USD) ÷ 1.03B USD
Price to bookMarket Cap ÷ Book Value Today1.38×at most 3×passes987.21M USD ÷ 714.04M USD
Operating marginOperating Income ÷ Revenue10.7%above 10.0%passes95.23M USD ÷ 893.64M USD
Revenue growthRevenue ÷ Revenue a Year Before − 124.3%above 10.0%passes893.64M USD / 719.10M USD
Net cash(Cash − Total Debt) ÷ Market Cap22.3%above -30%passes(240.48M USD − 20.75M USD) ÷ 987.21M USD
Operating efficiencyOperating Income ÷ Gross Profit54.5%above 25.0%passes95.23M USD ÷ 174.59M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

5595.59 JPY

Enterprise value

113.56B JPY

the provider's own figure

EV / EBITDA

6.88×

Price / book

1.30×

the provider's book

Price / earnings

15.13×

Return on equity

9.0%

the provider's figure, not this page's

Profit margin

7.5%

Revenue growth

11.5%

Analyst target, mean

5835.83 JPY

Analysts

1

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2022202320242025

Revenue

705.18M676.47M719.10M893.64M

Gross profit

173.13M125.84M149.99M174.59M

Operating income

98.22M55.59M83.36M95.23M

EBITDA

operating income before depreciation and amortisation

117.99M78.44M104.38M119.14M

Pretax income

98.02M56.44M85.87M97.97M

Net income

67.88M40.99M60.93M69.63M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

69.14M40.85M59.62M67.46M

R&D

————
Balance sheet, year end (USD)2022202320242025

Total assets

1.00B984.72M1.01B1.10B

Total liabilities

377.84M361.24M379.22M356.70M

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

625.99M623.44M629.31M747.52M

Total debt

18.56M39.43M28.67M25.60M

Cash and equivalents

308.39M296.93M294.01M315.70M

Net PP&E

fixed assets after depreciation

272.23M269.70M248.19M303.43M

Working capital

current assets less current liabilities

365.61M379.87M381.56M435.34M
Cash flow (USD)2022202320242025

Operating cash flow

93.79M33.56M64.99M62.82M

Capital expenditure

paid out, so below zero

-29.14M-41.75M-22.21M-48.34M

Depreciation and amortisation

19.83M21.74M18.28M20.97M

Free cash flow

operating cash flow plus capital expenditure

64.65M-8.19M42.77M14.48M