WATCH DENSO Corporation (6902.T)

Consumer Cyclical · Auto Parts · JPX · Japan

Research: Yahoo Finance ↗ JPX ↗ Nikkei ↗ Yahoo Japan ↗ Simply Wall St ↗

Final Score ?

-47.1%

Margin of Safety ?

Quality Score ?

¥1,981

Current Price ?

¥5.0T

Market Cap ?

Key Metrics

Pe Ratio ?

12.16

Forward Pe ?

10.27

Pb Ratio ?

0.97

Ev Ebitda ?

5.59

Roe ?

9.2%

Gross Margin ?

15.2%

Operating Margin ?

4.4%

Net Margin ?

5.6%

Dividend Yield ?

382.0%

Debt To Equity ?

25.47

Current Ratio ?

2.12

Beta ?

0.62

📈 Trend Charts

Revenue Trend

EPS Trend

Net Income Trend

Free Cash Flow Trend

Intrinsic Value Estimates

Low ?

¥1,077

Base ?

¥1,346

High ?

¥1,616

Pipeline Stage Details

Stage A — Hard Filters ✅

Pe Ratio

12.16

Eps Positive Years

4.00

Eps Lookback

4.00

Fcf Positive Years

4.00

Fcf Lookback

4.00

Debt To Equity

0.25

Current Ratio

2.12

Dilution Cagr

-0.03

Stage B — Quality Score: 55/100

Stage C — Cyclicality: LOW

Normalized EPS

¥145.67

Stage F — Final Score Breakdown

Component	Weighted Score
Valuation	3.0
Earnings Quality	13.6
Balance Sheet	18.0
Stability	12.0
Moat Proxies	5.7

Top Drivers

Reasonable P/E of 12.2x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
Fortress balance sheet: D/E of 0.25x (conservative) and current ratio of 2.12x — ample liquidity and low financial risk. Graham emphasis on capital preservation.
Low cyclicality: earnings are relatively stable and predictable, making intrinsic value estimates more reliable.

Top Risks

No significant risks identified in this analysis.

Financial History ?

Year	Revenue ?	Gross Profit ?	Operating Income ?	Net Income ?	EPS ?
2023	¥6.4T	¥911.1B	¥426.1B	¥314.6B	¥104.00
2024	¥7.1T	¥1.1T	¥380.6B	¥312.8B	¥104.97
2025	¥7.2T	¥1.1T	¥519.0B	¥419.1B	¥210.74
2026	¥7.5T	¥1.2T	¥552.5B	¥443.8B	¥162.96

Cash Flow History ?

Year	Operating CF ?	CapEx ?	Free Cash Flow ?
2022	N/A	N/A	N/A
2023	¥602.7B	¥-414.3B	¥188.4B
2024	¥961.8B	¥-446.4B	¥515.4B
2025	¥758.7B	¥-445.4B	¥313.3B
2026	¥511.0B	¥-434.2B	¥76.8B