Horiba Ltd 6856
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- JPY 14,510.00
- Day Range
- JPY 14,470.00–14,850.00
- 52-Week Range
- JPY 7,212.00–16,180.00
- Bid/Ask
- JPY 14,770.00 / JPY 14,790.00
- Market Cap
- JPY 621.91 Bil
- Volume/Avg
- 177,000 / 302,721
Key Statistics
- Price/Earnings (Normalized)
- 17.42
- Price/Sales
- 2.19
- Dividend Yield (Trailing)
- 1.96%
- Dividend Yield (Forward)
- 2.50%
- Total Yield
- 1.96%
Company Profile
Horiba Ltd provides analytical and measurement equipment. The automotive test systems segment contributes the largest percentage of revenue and supplies engine, driveline, brake, wind tunnel balance, and emissions test systems. The scientific segment sells instruments like pH meters, X-ray microscopes, and spectrometers. The semiconductor segment supplies mass flow controllers that are used in the semiconductor manufacturing process. The medical-diagnostic segment sells blood testing instruments and reagents for the in vitro diagnostics market. The process and environmental segment provides solutions associated with environmental regulations, such as air-pollution and water-quality analyzers. Horiba generates the largest proportion of its sales in Japan.
- Sector
- Technology
- Industry
- Scientific & Technical Instruments
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 8,665
- Website
- http://www.horiba.co.jp
Comparables
Valuation
|
Metric
|
6856
|
4671
|
4694
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.42 | 16.91 | 14.82 |
Price/Book Value | 2.24 | 0.95 | 0.91 |
Price/Sales | 2.19 | 0.58 | 0.80 |
Price/Cash Flow | 15.56 | 14.48 | 7.23 |
Price/Earnings
6856
4671
4694
Financial Strength
|
Metric
|
6856
|
4671
|
4694
|
|---|---|---|---|
Quick Ratio | 2.04 | 1.89 | 3.20 |
Current Ratio | 3.15 | 2.30 | 3.46 |
Interest Coverage | 72.76 | 268.64 | 230.00 |
Quick Ratio
6856
4671
4694
Profitability
|
Metric
|
6856
|
4671
|
4694
|
|---|---|---|---|
Return on Assets (Normalized) | 11.19% | 5.79% | 6.97% |
Return on Equity (Normalized) | 18.35% | 8.44% | 9.54% |
Return on Invested Capital (Normalized) | 14.58% | 7.75% | 9.19% |
Return on Assets
6856
4671
4694
Scientific & Technical Instruments Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
KYCCF
| Keyence Corp | — | Zgfm | $103.3 Bil | |
HXGBF
| Hexagon AB Class B | — | Dwqm | $30.1 Bil | |
HXGBY
| Hexagon AB ADR | — | Rqlr | $29.6 Bil | |
GRMN
| Garmin Ltd | Yytdwqth | Jvrzqh | $27.5 Bil | |
FTV
| Fortive Corp | Zwkzzkmct | Ftdbjy | $26.7 Bil | |
KEYS
| Keysight Technologies Inc | Xgpdpcwbd | Hmtdr | $25.9 Bil | |
TDY
| Teledyne Technologies Inc | — | Mywzwsp | $17.8 Bil | |
TRMB
| Trimble Inc | Msbqndbnj | Jwvcq | $14.6 Bil | |
VNT
| Vontier Corp Ordinary Shares | Hfzvbnqs | Zskmksk | $6.4 Bil | |
ST
| Sensata Technologies Holding PLC | Pbjskyj | Gmzfbl | $5.2 Bil |