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6856 Stock Chart & Stats
¥23385.00
-¥1,180.00(-4.78%)
At close: 4:00 PM EDT
¥23385.00
-¥1,180.00(-4.78%)
Day’s Range― - ―
52-Week Range¥12,970.00 - ¥30,100.00
Previous CloseN/A
Volume331.00K
Average Volume (3M)204.22K
Market Cap
¥996.33B
Enterprise Value¥1.05T
Total Cash (Recent Filing)¥153.20B
Total Debt (Recent Filing)¥64.05B
Price to Earnings (P/E)22.7
Beta1.23
Next Earnings
Nov 13, 2026EPS Estimate
296Next Dividend Ex-DateN/A
Dividend Yield2.26%
Share Statistics
EPS (TTM)865.19
Shares Outstanding42,233,253
10 Day Avg. Volume187,730
30 Day Avg. Volume204,216
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
¥30,400.00Price Target Upside30.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)1,249.02
Revenue Forecast (FY)¥389.17B
Bulls Say, Bears Say
Bulls Say
Healthy ProfitabilityStrong gross, operating, and net margins indicate that Horiba’s measurement businesses generate meaningful value from each unit of revenue. This profitability provides capacity to fund research, maintain competitive offerings, and absorb moderate cyclical pressure over the next several quarters.
Conservative Balance SheetA larger equity base and modest leverage give Horiba financial resilience across industrial cycles. Lower balance-sheet risk can preserve flexibility to invest in products, support customers, and continue operations without relying heavily on debt financing when markets become less favorable.
Installed-Base Recurring RevenueHoriba’s installed base creates revenue beyond the initial instrument sale through consumables, replacement parts, upgrades, calibration, and service. These recurring needs can deepen customer relationships and make revenue more durable as equipment remains embedded in testing and production workflows.
Bears Say
Growth DecelerationSlower revenue growth reduces the pace at which Horiba can expand its earnings base and leverage its fixed capabilities. If this moderation persists, the company may have less operating leverage and fewer opportunities to compound returns quickly across its end markets.
Uneven Cash ConversionPositive cash generation has not been consistently aligned with accounting earnings, with a pronounced 2023 downturn and weaker conversion in 2024. Such variability can reflect periodic working-capital or investment swings and may constrain the reliability of internally funded growth.
Easing Returns On EquityThe decline in return on equity indicates that profitability has not fully kept pace with Horiba’s expanding equity base. If returns remain below earlier levels, capital may be employed less efficiently and the company could need stronger earnings growth to improve shareholder outcomes.
Horiba News
6856 FAQ
What was Horiba Ltd’s price range in the past 12 months?
Horiba Ltd lowest stock price was ¥12970.00 and its highest was ¥30100.00 in the past 12 months.
What is Horiba Ltd’s market cap?
Horiba Ltd’s market cap is ¥996.33B.
When is Horiba Ltd’s upcoming earnings report date?
Horiba Ltd’s upcoming earnings report date is Nov 13, 2026 which is in 22 days.
How were Horiba Ltd’s earnings last quarter?
Horiba Ltd released its earnings results on Aug 07, 2026. The company reported ¥313.02 earnings per share for the quarter, beating the consensus estimate of ¥208.4 by ¥104.62.
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 Notavailable dividend of ¥640 which represents an annual dividend yield of 2.26%. See more information on Horiba Ltd dividends here
What is Horiba Ltd’s EPS estimate?
Horiba Ltd’s EPS estimate is 296.
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 ¥313.02 in its last earnings report, beating expectations of ¥208.4. Following the earnings report the stock price went down -5.781%.
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 Company Deck
6856 Earnings Call
Q2 2026
0:00 / 0:00
6856 Stock 12 Month Forecast
Average Price Target
¥30,400.00
▲(30.00% Upside)