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Murata Manufacturing Co., Ltd. 6981.T

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

Murata Manufacturing Co., Ltd. statistics & valuation

Market cap¥15.02T
P / E64.2×
P / S8.2×
P / B5.5×
P / FCF86.8×
Net margin12.8%
FCF margin9.4%
Net cash¥597.9B
Enterprise value USD$90.9B
Earnings yield EBIT/EV2%
Return on capital9.8%
Graham number -74.7%¥2,071.16

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 (¥2,071.16); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.50% 11.00% 13.40% 12.80% 2023202420252026
Gross margin (%)
39.90% 38.80% 41.20% 42.30% 2023202420252026
Operating margin (%)
17.40% 13.10% 16.00% 15.40% 2023202420252026
Return on equity (%)
10.30% 7.10% 9.10% 8.60% 2023202420252026
Shares outstanding
1.82B 1.82B 1.82B 1.82B 2023202420252026
Net debt (¥)
-¥314.18B -¥516.07B -¥565.15B -¥597.93B 2023202420252026
Share buybacks (¥)
¥80.01B ¥11.0M ¥80.01B ¥100.01B 2023202420252026
Return on assets (%)
8.50% 6.00% 7.70% 7.30% 2023202420252026
Free cash flow margin (%)
4.70% 15.50% 14.90% 9.40% 2023202420252026
Debt / equity (×)
0.07× 0.04× 0.02× 0.02× 2023202420252026
EPS (¥)
¥128.64 ¥95.72 ¥125.08 ¥127.65 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

Murata Manufacturing Co., Ltd. trades at about 64.2× earnings — above its 10-year norm (10-year range 17.7×–40.4×, median 30.3×).

17.7× 64.2×

Shaded band = 10-year range (17.7×–40.4×); dot = today's 64.2×.

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 margin42.3%41.2%38.8%39.9%
Operating margin15.4%16.0%13.1%17.4%
Net margin12.8%13.4%11.0%14.5%
FCF margin9.4%14.9%15.5%4.7%
Return on assets7.3%7.7%6.0%8.5%
Return on equity8.6%9.1%7.1%10.3%
Debt / equity0.00×0.00×0.00×0.02×
Current ratio5.005.424.724.72

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