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Otsuka Holdings Co., Ltd. 4578.T

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

Otsuka Holdings Co., Ltd. statistics & valuation

Market cap¥6.32T
P / E17.4×
P / S2.6×
P / B2.1×
P / FCF24.1×
Net margin14.7%
FCF margin10.6%
Net cash¥306.7B
Enterprise value USD$37.9B
Earnings yield EBIT/EV7.9%
Return on capital13.7%
Graham number -21.6%¥9,433.68

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 (¥9,433.68); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.70% 6.00% 14.70% 14.70% 2022202320242025
Gross margin (%)
67.20% 69.70% 71.70% 71.70% 2022202320242025
Operating margin (%)
10.70% 14.40% 17.90% 19.10% 2022202320242025
Return on equity (%)
6.00% 5.10% 12.60% 12.00% 2022202320242025
Shares outstanding
525.4M 525.4M 525.4M 525.4M 2022202320242025
Net debt (¥)
-¥277.47B -¥299.15B -¥236.79B -¥306.67B 2022202320242025
Share buybacks (¥)
¥0 ¥1.0M ¥50.02B ¥70.10B 2022202320242025
Return on assets (%)
4.30% 3.60% 9.20% 8.70% 2022202320242025
Free cash flow margin (%)
6.00% 8.40% 9.70% 10.60% 2022202320242025
Debt / equity (×)
0.09× 0.09× 0.07× 0.08× 2022202320242025
EPS (¥)
¥246.78 ¥224.10 ¥633.76 ¥685.06 2022202320242025

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

Otsuka Holdings Co., Ltd. trades at about 17.6× earnings — near its 10-year norm (10-year range 12.8×–26×, median 16.8×).

12.8× 26×

Shaded band = 10-year range (12.8×–26×); dot = today's 17.6×.

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)

RatioFY2025FY2024FY2023FY2022
Gross margin71.7%71.7%69.7%67.2%
Operating margin19.1%17.9%14.4%10.7%
Net margin14.7%14.7%6.0%7.7%
FCF margin10.6%9.7%8.4%6.0%
Return on assets8.7%9.2%3.6%4.3%
Return on equity12.0%12.6%5.1%6.0%
Debt / equity0.03×0.03×0.03×0.04×
Current ratio2.172.161.992.21

Computed from company filings · JP · as of 2025-12-31. Figures in JPY. Facts plus Stocktoria's own computed scores — not investment advice.