Horiba Ltd (JP:6856)
:6856
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6856 Stock Chart & Stats
¥20875.00
¥93.00(1.00%)
At close: 4:00 PM EST
¥20875.00
¥93.00(1.00%)
Day’s Range― - ―
52-Week Range¥10,330.00 - ¥30,100.00
Previous CloseN/A
Volume233.70K
Average Volume (3M)206.28K
Market Cap
¥1.20T
Enterprise Value¥1.10T
Total Cash (Recent Filing)¥153.20B
Total Debt (Recent Filing)¥64.05B
Price to Earnings (P/E)32.6
Beta1.32
Next Earnings
Aug 06, 2026EPS Estimate
208.4Next Dividend Ex-DateN/A
Dividend Yield0.65%
Share Statistics
EPS (TTM)865.19
Shares Outstanding42,233,253
10 Day Avg. Volume261,620
30 Day Avg. Volume206,283
Financial Highlights & Ratios
PEG Ratio1.72
Price to Book (P/B)1.92
Price to Sales (P/S)2.01
P/FCF Ratio23.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥31,916.67Price Target Upside52.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)1,136.75
Revenue Forecast (FY)¥371.37B
Bulls Say, Bears Say
Bulls Say
Healthy Profitability And MarginsMargins near 43% gross, 15% EBIT and 10.6% net indicate durable pricing power and operational efficiency across instrument and services lines. Sustained margins support reinvestment in R&D, service networks and resilience through industry cycles, underpinning long-term profitability.
Rising Scale And Larger Revenue BaseRevenue growth from 187.1B to 333.1B (2020–2025) reflects expanding market penetration across automotive, semiconductor, lab and medical end markets. Bigger scale increases installed base, boosting recurring service, consumable and software revenue and improving cross-sell durability.
Conservative Balance Sheet And Low LeverageA materially stronger equity base and 2024 debt-to-equity around 0.20 provide financial flexibility. Low leverage supports sustained capex, targeted acquisitions, and buffer against downturns, enabling long-term strategic investment without stressing liquidity or credit profile.
Bears Say
Slowing Top-line GrowthRevenue growth slowing to ~2.9% in 2025 indicates easing equipment demand or market saturation in some segments. Persistent deceleration reduces operating leverage and curtails the pace at which the installed base and recurring revenues expand, pressuring medium-term profit and reinvestment potential.
Inconsistent Cash ConversionOperating cash flow and FCF rebounded but remain uneven, with FCF roughly 55% of net income in 2024. Volatile working capital and investment swings can limit reliable internal funding for dividends, capex or M&A and raise execution risk during cyclical slowdowns.
Eased Returns On EquityROE decline to ~10.7% as equity expanded signals reduced capital efficiency. If operating margins or growth don't reaccelerate, the larger capital base may dilute shareholder returns and force tougher capital-allocation choices to restore historical returns.
Horiba News
6856 FAQ
What was Horiba Ltd’s price range in the past 12 months?
Horiba Ltd lowest stock price was ¥10330.00 and its highest was ¥30100.00 in the past 12 months.
What is Horiba Ltd’s market cap?
Horiba Ltd’s market cap is ¥1.20T.
When is Horiba Ltd’s upcoming earnings report date?
Horiba Ltd’s upcoming earnings report date is Aug 06, 2026 which is in 44 days.
How were Horiba Ltd’s earnings last quarter?
Horiba Ltd released its earnings results on May 14, 2026. The company reported ¥206.13 earnings per share for the quarter, beating the consensus estimate of ¥194.2 by ¥11.93.
Is Horiba Ltd overvalued?
According to Wall Street analysts Horiba Ltd’s price is currently Undervalued.
Does Horiba Ltd pay dividends?
Horiba Ltd pays a Semiannually dividend of ¥149 which represents an annual dividend yield of 0.65%. See more information on Horiba Ltd dividends here
What is Horiba Ltd’s EPS estimate?
Horiba Ltd’s EPS estimate is 208.4.
How many shares outstanding does Horiba Ltd have?
Horiba Ltd has 42,233,253 shares outstanding.
What happened to Horiba Ltd’s price movement after its last earnings report?
Horiba Ltd reported an EPS of ¥206.13 in its last earnings report, beating expectations of ¥194.2. Following the earnings report the stock price went up 0.823%.
Which hedge fund is a major shareholder of Horiba Ltd?
Currently, no hedge funds are holding shares in JP:6856
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Horiba Ltd
HORIBA, Ltd. is a company that designs, produces, and supplies a diverse array of instruments and systems for various sectors. Its operations are structured across five key segments: Automotive, Process & Environmental, Medical-Diagnostic, Semiconductor, and Scientific. Within the Automotive segment, HORIBA provides sophisticated equipment such as automotive emission analyzers, complete emission measurement solutions, drive line test systems, and engine, fuel cell, and battery testing apparatus. This division also develops test systems for components like engines, chassis, powertrains, brakes, and catalysts, in addition to offering vehicle development and testing engineering services, and managing R&D facilities. The Process & Environmental segment specializes in equipment including stack gas analyzers, industrial water quality analysis and examination systems, air pollution analyzers, environmental radiation meters, and other process measurement tools. For the Medical-Diagnostic field, the company offers a range of analyzers covering hematology, CRP, immunology, clinical chemistry, and blood glucose. The Semiconductor Instruments & Systems division focuses on products vital for chip manufacturing, such as mass flow controllers, chemical concentration monitors, reticle/mask particle detection systems, residual gas analyzers, and vaporizers. Finally, the Scientific segment delivers advanced scientific instrumentation, including Raman spectrometers, pH meters, particle-size distribution analyzers, X-Ray fluorescence analyzers, elemental analyzers, fluorescence spectroscopy/fluorescence lifetime spectroscopy tools, optical components, various spectrometers and detectors, and gratings. Established in 1945, HORIBA, Ltd. is headquartered in Kyoto, Japan.
6856 Stock 12 Month Forecast
Average Price Target
¥31,916.67
▲(52.89% Upside)
Technical Analysis
Options Prices
Currently, No data available
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