Obermatt

Hamamatsu Photonics K.K.

TYO:6965 · JP3771800004
Electronic Equipment, Instruments & ComponentsLarge

360

39
EV / EBIT9
Price / Owner Earnings35
Owner Earnings Yield52
Dividend Yield67
Price/Sales47
EV / Gross Profit79
Price/Book72
Return on Capital20
Cash Return on Capital38
Return on Equity24
EBIT Margin39
Gross Profitability79
Cash Conversion80
Accruals65
Owner Earnings Margin48
Sales growth26
Profit Growth51
Long-Term EPS Growth67
Reinvestment21
Price momentum44
Debt load42
Refinancing61
Debt Payback100
Liquidity39
Analyst ratings11
Opinion Changes50
Price Target Upside17
Market mood75
Value Creation7/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hamamatsu Photonics K.K. clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryJapan
IndustryElectronic Equipment, Instruments & Components
SizeLarge
TypePublic Company
ExchangeTSE
Founded1953
ISINJP3771800004
Last UpdateApr 2, 2026
Index & Theme
Computer VisionOptical InfrastructureSensorsImage RecognitionDetectors, Sensors and MemsInformation Technology

Description

Hamamatsu Photonics K.K. manufactures and sells photomultiplier tubes, imaging devices, light sources, opto-semiconductors, and imaging and analyzing systems. The company engages in the research, development, manufacturing, and the sales of optical…

Analysis

Middle-of-the-road

Hamamatsu Photonics K.K. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 50.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 19% a year, against analyst forecasts of 16%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 7/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
37
2023202420252026

All-time high

62

Mar 2026

All-time low

4

Jan 2025

Average rank

25

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
47
24
13
8
Price/Earnings
34
17
14
3
Price/Book
72
61
35
26
Dividend Yield
67
51
27
18
Value (overall)
66
22
8
3

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Hamamatsu Photonics K.K. with its peers
Ushio
TYO:6925
80
CountryJapan
IndustryElectrical Equipment
SizeLarge
Full Stock Analysis →
Tong Hsing Electronic Industries
TAI:6271
59
CountryTaiwan
IndustryElectronic Equipment, Instruments & Components
SizeSmall
Full Stock Analysis →
LG Innotek
KSC:011070
89
CountrySouth Korea
IndustryElectronic Equipment, Instruments & Components
SizeSmall
Full Stock Analysis →
Samsung Electro-Mechanics
KSC:009150
41
CountrySouth Korea
IndustryElectronic Equipment, Instruments & Components
SizeSmall
Full Stock Analysis →
Plotech
TAI:6141
2
CountryTaiwan
IndustryElectronic Equipment, Instruments & Components
SizeX-Small
Full Stock Analysis →
Chin Poon Industrial
TAI:2355
56
CountryTaiwan
IndustryElectronic Equipment, Instruments & Components
SizeSmall
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →