Obermatt

Asahi Kasei

TYO:3407 · JP3111200006
ChemicalsX-Large

360

89
EV / EBIT62
Price / Owner Earnings38
Owner Earnings Yield86
Dividend Yield75
Price/Sales53
EV / Gross Profit89
Price/Book47
Return on Capital66
Cash Return on Capital77
Return on Equity71
EBIT Margin62
Gross Profitability88
Cash Conversion49
Accruals49
Owner Earnings Margin73
Sales growth23
Profit Growth54
Long-Term EPS Growth76
Owner Earnings Growth66
Reinvestment49
Price momentum86
Debt load50
Refinancing52
Debt Payback48
Liquidity90
Analyst ratings71
Opinion Changes50
Price Target Upside29
Market mood69
Value Creation8/20creating 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

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

Profile

CountryJapan
IndustryChemicals
SizeX-Large
TypePublic Company
ExchangeTSE
Founded1931
Employees679
ISINJP3111200006
Last UpdateApr 2, 2026
Themes
Packaging ServicesBio-based and Renewable MaterialsBiomedical EngineeringEnergy StorageUrology

Description

Asahi Kasei Corporation (Asahi Kasei) engages in various sectors, including material science, healthcare, and housing. Business Segments Asahi Kasei operates through Material, Homes, and Healthcare segments. Material Segment This segment focuses…

Analysis

Middle-of-the-road

Asahi Kasei Corporation sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 14.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 2% a year, against analyst forecasts of 11%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 8/20 on our value-creation score: creating some value.

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
85
2023202420252026

All-time high

100

Mar 2026

All-time low

57

Jan 2023

Average rank

84

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
53
69
75
71
Price/Earnings
55
80
71
60
Price/Book
47
64
63
67
Dividend Yield
75
54
66
76
Value (overall)
52
53
75
79

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

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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 →