Honda is a Japanese multinational corporation that specializes in the production of automobiles, motorcycles, and power equipment. Here is a detailed overview of Honda’s market performance and financial data:
Market Performance
Market Capitalization
As of June 2024, Honda’s market capitalization is ¥12.49 trillion (approximately $93.09 billion).
Stock Price History
The average stock price for Honda in 2024 was ¥152.6, with a year open of ¥146.8, a year high of ¥193, a year low of ¥145, and a year close of ¥152.6. The annual percentage change was 2.10%.
Historical Market Cap
Honda’s market capitalization has seen significant growth over the years. In 2022, the market cap was ¥116.18 billion (approximately $93.09 billion), and by 2023, it had increased to ¥130.81 billion.
Financial Performance
Revenue and Operating Income
Honda’s revenue was ¥13,375 billion (approximately $103.427 billion) in 2024, and its operating income was ¥1,280 billion (approximately $10.16 billion) in the same year.
Employee Count and Units Sold
The company had a total of 338,651 employees in 2024 and sold 84.8 million mobile telephony subscribers at the end of March 2022.
Regional Revenue
Honda generated around ¥10,931 billion (approximately $85.3 billion) from Japan in 2024.
Financial Ratios
Price-to-Earnings (P/E) Ratio
Honda’s P/E ratio is 30.9, indicating that the stock price is 30.9 times the earnings per share.
Price-to-Book (P/B) Ratio
The P/B ratio for Honda is 1.2, indicating that the stock price is 1.2 times the book value per share.
Beta
Honda’s beta is 0.69, indicating that the stock price is moderately correlated with the overall market.
Valuation Measures
Market Cap-to-EBITDA Ratio
Honda’s market cap-to-EBITDA ratio is 1.77, indicating that the market capitalization is 1.77 times the earnings before interest, taxes, depreciation, and amortization.
Enterprise Value-to-EBITDA Ratio
The enterprise value-to-EBITDA ratio for Honda is 1.55, indicating that the enterprise value is 1.55 times the earnings before interest, taxes, depreciation, and amortization.
Analyst Consensus
Mean Consensus
The mean consensus among analysts is to OUTPERFORM, with a target price of ¥11.73 and a spread of +24.62%.
EPS Revisions
The EPS revisions for Honda indicate a positive trend, with estimates for the full year ending March 31, 2024, at ¥1,280 billion (approximately $10.16 billion).
Conclusion
Honda is a significant player in the Japanese automotive industry, with a diverse portfolio of services and a strong financial performance. The company’s market capitalization and revenue have seen significant growth over the years, and its financial ratios indicate a stable and profitable business.