Denso Corporation’s second-quarter revenue rose 5% year on year to JPY 1.93 trillion, while operating margin fell 122 basis points to 4.5%. First-half operating profit reached 34% of its unchanged fiscal 2026 (ending March 2027) guidance of JPY 500 billion.
Rapid adoption of electric vehicles will lead to sales of newer value-added components, like ECUs and heat pump systems, drastically improving margins.
Having a majority of sales from Toyota Group companies can give pricing leverage to the OEM customers, lowering Denso’s profitability.
Metric | 6902 | MGA | BWA |
|---|---|---|---|
Price/Earnings (Normalized) | 11.97 | 8.61 | 11.03 |
Price/Book Value | 0.94 | 1.40 | 1.83 |
Price/Sales | 0.68 | 0.41 | 0.74 |
Price/Cash Flow | 6.43 | 4.97 | 6.32 |
Metric | 6902 | MGA | BWA |
|---|---|---|---|
Quick Ratio | 1.39 | 0.77 | 1.04 |
Current Ratio | 2.25 | 1.14 | 1.41 |
Interest Coverage | 14.83 | 6.93 | 8.84 |
Metric | 6902 | MGA | BWA |
|---|---|---|---|
Return on Assets (Normalized) | 5.49% | 6.31% | 7.63% |
Return on Equity (Normalized) | 9.08% | 16.55% | 18.69% |
Return on Invested Capital (Normalized) | 6.74% | 10.93% | 11.07% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| O'Reilly Automotive Inc ORLY | LOCK|&@?l!?v | LOCK|xL | $73B | |||
| AutoZone Inc AZO | LOCK|<>r@$><@ | LOCK|$? | $52B | |||
| Magna International Inc MGA | LOCK|SWq@?S | LOCK|Kf | $16B | |||
| Allison Transmission Holdings Inc ALSN | LOCK|d%%$zm@ | LOCK|bcpy | $10B | |||
| BorgWarner Inc BWA | LOCK|&zy^!Th | LOCK|Hvx? | $10B | |||
| Aurora Innovation Inc Class A AUR | LOCK|<R?!N# | LOCK|!q | $9B | |||
| Lear Corp LEA | LOCK|qnh@^f | LOCK|#LSn | $5B | |||
| Gentex Corp GNTX | LOCK|>%BZ#N | LOCK|V#>& | $4B | |||
| Hesai Group ADR HSAI | LOCK|HtS$zH | LOCK|Kf | $2B | |||
| Adient PLC ADNT | LOCK|K?qF^k | LOCK|R#&H | $1B |
United States