Stocktoria

Terumo Corporation 4543.T

JP · Tokyo Stock Exchange · XTKS · stock · Healthcare · website

Terumo Corporation statistics & valuation

Market cap¥3.94T
P / E29.0×
P / S3.5×
P / B2.5×
P / FCF30.6×
Net margin12.0%
FCF margin11.4%
Net debt¥99.3B
Enterprise value USD$25.5B
Earnings yield EBIT/EV4.4%
Return on capital10%
Graham number -44.2%¥1,492.12

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (¥1,492.12); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
10.90% 11.50% 11.30% 12.00% 2023202420252026
Gross margin (%)
50.90% 52.00% 54.10% 52.50% 2023202420252026
Operating margin (%)
14.30% 15.20% 15.20% 15.60% 2023202420252026
Return on equity (%)
8.00% 8.00% 8.50% 8.60% 2023202420252026
Shares outstanding
1.48B 1.48B 1.48B 1.48B 2023202420252026
Net debt (¥)
¥44.62B ¥26.96B -¥47.03B ¥99.30B 2023202420252026
Share buybacks (¥)
¥50.09B ¥11.11B ¥30.05B ¥1.0M 2023202420252026
Return on assets (%)
5.60% 5.80% 6.40% 5.90% 2023202420252026
Free cash flow margin (%)
5.50% 7.30% 12.40% 11.40% 2023202420252026
Debt / equity (×)
0.21× 0.17× 0.13× 0.24× 2023202420252026
EPS (¥)
¥59.48 ¥71.47 ¥78.99 ¥92.12 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Terumo Corporation trades at about 29× earnings — below its 10-year norm (10-year range 21.7×–37.7×, median 34.7×).

21.7× 37.7×

Shaded band = 10-year range (21.7×–37.7×); dot = today's 29×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin52.5%54.1%52.0%50.9%
Operating margin15.6%15.2%15.2%14.3%
Net margin12.0%11.3%11.5%10.9%
FCF margin11.4%12.4%7.3%5.5%
Return on assets5.9%6.4%5.8%5.6%
Return on equity8.6%8.5%8.0%8.0%
Debt / equity0.06×0.12×0.06×0.20×
Current ratio1.593.001.902.80

Computed from company filings · JP · as of 2026-03-31. Figures in JPY. Facts plus Stocktoria's own computed scores — not investment advice.