Yamaha Motor Co., Ltd.

OTCPK:YAMH.F Stock Report

Market Cap: US$8.2b

Yamaha Motor Valuation

Is YAMH.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of YAMH.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$12.62
Fair Value
32.9% undervalued intrinsic discount
11
Number of Analysts

Below Fair Value: YAMH.F ($8.46) is trading below our estimate of fair value ($12.62)

Significantly Below Fair Value: YAMH.F is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for YAMH.F?

Key metric: As YAMH.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for YAMH.F. This is calculated by dividing YAMH.F's market cap by their current earnings.
What is YAMH.F's PE Ratio?
PE Ratio8.5x
EarningsJP¥150.88b
Market CapJP¥1.27t

Price to Earnings Ratio vs Peers

How does YAMH.F's PE Ratio compare to its peers?

The above table shows the PE ratio for YAMH.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.1x
HOG Harley-Davidson
5.9x3.4%US$3.5b
MAMO Massimo Group
17.2xn/aUS$125.4m
ALV Autoliv
12.5x12.5%US$7.9b
MOD Modine Manufacturing
32.9x26.5%US$5.2b
YAMH.F Yamaha Motor
8.5x10.4%US$1.3t

Price-To-Earnings vs Peers: YAMH.F is good value based on its Price-To-Earnings Ratio (8.5x) compared to the peer average (17.1x).


Price to Earnings Ratio vs Industry

How does YAMH.F's PE Ratio compare vs other companies in the Global Auto Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
YAMH.F 8.5xIndustry Avg. 17.2xNo. of Companies14PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: YAMH.F is good value based on its Price-To-Earnings Ratio (8.5x) compared to the Global Auto industry average (17.2x).


Price to Earnings Ratio vs Fair Ratio

What is YAMH.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

YAMH.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.5x
Fair PE Ratio15.8x

Price-To-Earnings vs Fair Ratio: YAMH.F is good value based on its Price-To-Earnings Ratio (8.5x) compared to the estimated Fair Price-To-Earnings Ratio (15.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst YAMH.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$8.46
US$9.75
+15.3%
10.5%US$11.02US$8.43n/a11
Jan ’26US$8.35
US$9.71
+16.3%
10.2%US$10.84US$8.29n/a11
Dec ’25US$8.30
US$9.96
+20.0%
10.7%US$11.22US$8.58n/a11
Nov ’25US$8.72
US$10.09
+15.7%
12.5%US$12.04US$8.03n/a11
Oct ’25US$9.00
US$10.68
+18.7%
14.8%US$13.20US$8.34n/a11
Sep ’25US$8.68
US$10.81
+24.6%
14.7%US$13.17US$8.32n/a11
Aug ’25US$8.88
US$10.56
+18.9%
13.1%US$13.05US$8.48n/a11
Jul ’25US$9.00
US$10.23
+13.7%
15.5%US$13.24US$8.40n/a11
Jun ’25US$10.00
US$10.13
+1.3%
16.2%US$13.13US$8.32n/a10
May ’25US$9.14
US$10.13
+10.9%
15.6%US$13.26US$8.41n/a10
Apr ’25US$8.90
US$10.01
+12.5%
15.1%US$12.55US$8.14n/a10
Mar ’25US$8.95
US$9.80
+9.4%
16.2%US$12.67US$8.00n/a11
Feb ’25US$9.15
US$9.41
+2.9%
19.1%US$12.87US$6.77n/a11
Jan ’25US$8.85
US$9.18
+3.7%
12.4%US$10.88US$7.09US$8.3511
Dec ’24US$8.13
US$8.88
+9.3%
13.0%US$10.84US$6.75US$8.3013
Nov ’24US$8.33
US$8.84
+6.1%
12.6%US$10.77US$7.15US$8.7213
Oct ’24US$8.88
US$8.84
-0.4%
12.6%US$10.77US$7.15US$9.0013
Sep ’24US$8.63
US$9.01
+4.4%
12.5%US$10.98US$7.29US$8.6813
Aug ’24US$9.79
US$8.97
-8.4%
12.2%US$11.39US$7.56US$8.8813
Jul ’24US$9.54
US$8.54
-10.5%
12.8%US$11.16US$6.94US$9.0013
Jun ’24n/a
US$8.61
0%
15.2%US$11.58US$6.84US$10.0013
May ’24US$8.63
US$8.96
+3.9%
14.3%US$11.98US$7.21US$9.1412
Apr ’24US$8.22
US$9.16
+11.4%
16.0%US$12.25US$6.86US$8.9012
Mar ’24US$8.55
US$8.74
+2.3%
16.8%US$11.80US$6.61US$8.9512
Feb ’24US$8.18
US$9.16
+11.9%
18.5%US$12.53US$7.02US$9.1512
Jan ’24US$7.63
US$8.89
+16.6%
17.9%US$12.24US$6.86US$8.8513
Analyst Price Target
Consensus Narrative from 11 Analysts
US$9.76
Fair Value
13.3% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 14:46
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Yamaha Motor Co., Ltd. is covered by 30 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kei NihonyanagiBarclays
Koichi SugimotoBNP Paribas Securities (Asia)
Kei NihonyanagiBofA Global Research