Taiheiyo Cement
Financial ratios & Valuation

Forward Multiples (2026 – 2029)

2026202720282029
Price/Earnings ratio
0.020.020.020.02
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$550.66$600.57$559.25$569.17

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
10.609.579.8012.1010.506.027.848.45-8.709.358.538.53
Price/Sales ratio
0.550.410.580.530.490.260.420.340.350.450.520.49
Price/Book Value ratio
1.541.091.281.181.100.540.770.470.580.710.810.81
Price/Cash Flow ratio
6.074.604.944.334.692.593.323.44-1.07K2.887.274.69
Price/Free Cash Flow ratio
5.914.4410.654.3013.999.717.1171.54-4.497.617.159.71
Price/Earnings Growth ratio
0.41-0.540.33-0.640.81-0.660.36-0.230.04-0.040.000.00
Dividend Yield
1.31%2.11%1.60%1.59%2.16%3.11%1.98%3.12%2.83%2.02%0.01%3.11%
Profitability Indicator Ratios
Gross Profit Margin
23.75%23.34%24.87%23.66%22.20%22.05%22.14%24.76%17.44%21.68%22.42%22.20%
Operating Profit Margin
7.76%7.23%7.91%7.47%7.20%6.89%7.36%6.59%0.55%6.37%7.28%7.20%
Pretax Profit Margin
7.99%6.29%6.60%6.73%6.45%5.85%7.53%6.04%-2.02%6.54%8.14%6.45%
Net Profit Margin
5.23%4.35%5.96%4.42%4.74%4.42%5.41%4.09%-4.10%4.88%6.25%4.74%
Effective Tax Rate
24.16%28.54%9.82%29.93%22.91%21.09%23.73%27.48%-109.20%24.74%22.61%21.09%
Return on Assets
4.23%3.58%4.68%3.76%4.20%3.79%4.48%2.62%-2.61%3.23%4.10%4.10%
Return On Equity
14.57%11.43%13.15%9.74%10.47%8.96%9.93%5.67%-6.70%7.68%10.08%10.08%
Return on Capital Employed
9.86%8.72%8.95%9.84%9.63%8.48%8.60%5.88%0.50%5.82%6.56%8.48%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.19N/A
Quick Ratio
0.670.720.830.740.750.760.820.790.750.830.830.75
Cash ratio
0.140.160.190.140.160.160.230.190.200.210.230.16
Days of Sales Outstanding
76.2270.1078.0780.5076.8570.6868.0085.6782.4284.9982.7276.85
Days of Inventory outstanding
42.0442.9146.2140.2539.2941.4540.9064.5275.5764.7769.0839.29
Operating Cycle
118.26113.02124.29120.76116.14112.13108.90150.19157.99149.77151.81116.14
Days of Payables Outstanding
48.2942.1147.7250.0049.3044.1739.9354.5845.9659.1358.7049.30
Cash Conversion Cycle
69.9770.9076.5670.7566.8367.9568.9695.60112.0390.6393.1066.83
Debt Ratios
Debt Ratio
0.380.380.330.280.270.250.230.240.310.270.270.27
Debt Equity Ratio
1.311.230.940.730.670.600.520.520.810.650.630.63
Long-term Debt to Capitalization
0.390.420.350.230.230.230.220.220.300.280.270.23
Total Debt to Capitalization
0.560.550.480.420.400.370.340.340.440.390.380.38
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A17.74N/A
Cash Flow to Debt Ratio
0.190.190.270.370.340.340.440.26-0.000.370.170.34
Company Equity Multiplier
3.433.182.802.582.492.362.212.162.562.372.312.36
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.090.090.110.120.100.100.120.10-0.000.150.070.10
Free Cash Flow / Operating Cash Flow Ratio
1.021.030.461.000.330.260.460.04239.790.3710.33
Cash Flow Coverage Ratio
0.190.190.270.370.340.340.440.26-0.000.370.170.34
Short Term Coverage Ratio
0.370.470.640.640.650.680.970.57-0.000.980.430.68
Dividend Payout Ratio
13.92%20.24%15.70%19.26%22.80%18.77%15.58%26.39%-24.70%18.98%N/A18.77%