Yokogawa Electric Corp (YOKEY) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Yokogawa Electric Corp stock $67.11, price $49.95, upside +34.4%, quality 72 out of 100. Rating: undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $14.31 – $78.61 · fair‑value band $49.78 – $84.43 · the $49.95 price screens below the $67.11 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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Yokogawa Electric Corporation, together with its subsidiaries, provides industrial automation, and test and measurement solutions in Japan, Asia, China, India, Europe, CIS countries, North America, the Middle East, Africa, and Central and South America.
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It operates in three segments: Control Business, Measuring Instruments Business, and New Businesses and Other.
The company offers control, measurement, project execution, lifecycle, and life science products and solutions, as well as various solutions, including supply chain optimization; asset operations and optimization; asset management and integrity; profit-driven operation; connected intelligence; enterprise business optimization; OpreX transformation; and operational risk, cybersecurity, energy, and carbon management solutions.
It also provides field instruments, such as flowmeters, differential pressure/pressure transmitters, and process analyzers; control systems, programmable controllers, and industrial recorders; various software; and services that minimize plant lifecycle costs.
In addition, the company offers waveform and optical communications measuring instruments; signal generators; and electric power, temperature, and pressure measuring instruments. Further, it engages in a solutions business that provides industrial IoT hardware, software, and cloud environments.
The company serves the oil and gas downstream, LNG supply chain, chemical, power, renewable energy, hydrogen, mining and metal, cement, pharmaceutical, food and beverage, pulp and paper, iron and steel, water and wastewater, battery manufacturing, semiconductor, and space industries.
Yokogawa Electric Corporation was founded in 1915 and is headquartered in Musashino, Japan.
Stock analysis
Yokogawa Electric Corp (YOKEY) currently trades at $49.95, while our model-based Fair Value estimate is $67.11, implying the stock looks roughly 26% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $75.96 per share, and 19 of the 25 models we run sit above the $49.95 price.
Bear case: the Dividend Discount group reads lowest at $12.25, and 6 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: $49.78 (bear) to $84.43 (bull), the price of $49.95 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 72/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Yokogawa Electric Corp ADR reported revenue of ¥641B in FY2026 versus ¥390B in FY2022, a compound +13.2%/yr. Reported net income was ¥61.6B in FY2026, compounding +30.5%/yr from FY2022.
Key figures
Market cap $6.2B Mid · P/E ratio 16.6 · P/S ratio 1.59 · EPS (TTM) $3.01 · Dividend yield 1.9% · Net margin 9.6% · Return on equity 12.1% · Return on assets (EBIT) 9.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at 34%, YOKEY screens cheaper than that median.
Fair Value models
Bear$49.78Fair Value $67.11Bull$84.43
Price $49.95 · Upside +34.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then ($1.84 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.89/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+14.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.4%
Start year 2021 (pandemic). Over 10 years: +4.5% a year
Revenue growth 27 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.1%
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What shareholders gained per year (last 5 years), in JPY ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+12.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+10.9%
Dividend (yield on the price)1.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.10.9% vs 2.3%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8% → 14%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 3.6%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−4.0%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about −6.0% a year for the price and +2.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (51 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Yokogawa demonstrates strength through proven AI-driven process optimization for energy and industrial clients, yet lacks clear evidence of a durable competitive moat.
Main risk: Slower adoption of automation solutions elsewhere would constrain sustained gains in the core business serving energy and industrial clients.
Yokogawa's AI agents recently cut amine and steam use by 10-15 percent plus power consumption by about 5 percent at Aramco's Fadhili gas plant through autonomous control. The firm keeps winning roles in LNG projects and hydrogen ecosystems while its core automation business serves energy and industrial clients. Will its proven process optimization skills drive sustained gains in these areas or face constraints from slower adoption elsewhere?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Industrial Machinery · 813 stocks
Beats the industry median on 13/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score72 · Top 25%
Fair Value upside+34.4% · Top 25%
Profitability
Return on equity (12 months)12.1% · Above median
Return on assets7.7% · Top 25%
Net margin (12 months)9.6% · Above median
Operating margin (12 months)11.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)8.6% · Above median
Dividend yield (12 months)1.9% · Above median
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Yokogawa Electric Corp ADR Fair Value". https://www.fairvalue-calculator.com/stock/YOKEY
Frequently asked questions
Is Yokogawa Electric Corp (YOKEY) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $67.11 versus a price of $49.95, about +34% upside (undervalued).
What is the fair value of YOKEY?
Our model-based fair value for Yokogawa Electric Corp is $67.11 (as of Nov 8, 2026), built from audited fundamentals. The current price: $49.95.
What is the quality score of YOKEY?
Yokogawa Electric Corp has a Quality Score of 72/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Yokogawa Electric Corp (YOKEY)?
Our model-based price target is the fair value of $67.11 (as of Nov 8, 2026) from 25 valuation models. Cautious scenario $49.78, optimistic scenario $84.43. It is a calculation from audited fundamentals, not an analyst target.
What is the Yokogawa Electric Corp ADR stock forecast for 2026?
Our models put fair value at $67.11, about +34% upside versus a price of $49.95 (undervalued). Cautious scenario $49.78, optimistic scenario $84.43. The calculation is refreshed regularly with new filings.
What is the revenue of Yokogawa Electric Corp (YOKEY)?
Yokogawa Electric Corp reported trailing-twelve-month revenue of about ¥616B (latest available figure, as of Nov 8, 2026).
Does Yokogawa Electric Corp ADR pay a dividend?
Yokogawa Electric Corp currently shows a dividend yield of 1.91% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Yokogawa Electric Corp (YOKEY) and when is the ex-dividend date?
Yokogawa Electric Corp has a dividend yield of 1.9%. The last ex-dividend date was Mar 31, 2026. A dividend has been paid every year since at least 2014. The payout ratio is 30.5% of earnings. Free cash flow covers the dividend 4.23 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Yokogawa Electric Corp (YOKEY)?
For today's price to be fair in a discounted-cash-flow model, Yokogawa Electric Corp would have to grow free cash flow by -4.0 % per year for five years (discount rate 9.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.4 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of YOKEY use?
Our models discount Yokogawa Electric Corp at 9.1 %: a base by market capitalisation (mid), damped by beta 0.74, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Yokogawa Electric Corp that is -4.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.1 %) and the same formula as our fair value.
How much growth has Yokogawa Electric Corp (YOKEY) delivered so far?
Over the past 5 years revenue at Yokogawa Electric Corp grew +11.4 % a year. The price currently implies free-cash-flow growth of -4.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Yokogawa Electric Corp (YOKEY) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Yokogawa Electric Corp (-4.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Yokogawa Electric Corp (YOKEY)?
The free-cash-flow yield on the price is 7.88 %: that much free cash flow Yokogawa Electric Corp produces per unit of market value. When it exceeds the discount rate of our models (9.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Yokogawa Electric Corp (YOKEY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Yokogawa Electric Corp it is $67.11 per share (as of Nov 8, 2026), against a price of $49.95. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Yokogawa Electric Corp ADR stock overvalued or undervalued in 2026?
As of Nov 8, 2026, YOKEY trades below its calculated fair value: price $49.95, fair value $67.11, a gap of about +34% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of YOKEY?
No. The price is what the market pays today ($49.95); the fair value is what the company's own numbers justify ($67.11). For Yokogawa Electric Corp the two are $17.16 per share apart. That gap is exactly why we show both numbers side by side.
How much is Yokogawa Electric Corp ADR worth?
The market values Yokogawa Electric Corp at about $6.2B (market capitalisation, as of Nov 8, 2026). Per share that is $49.95; our models calculate a fair value of $67.11 per share.
What do the bullish and bearish scenarios say about YOKEY?
Our models span a range for Yokogawa Electric Corp: cautious scenario $49.78, base $67.11, optimistic $84.43 per share (as of Nov 8, 2026, price $49.95). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of YOKEY?
Yokogawa Electric Corp trades at a price-to-earnings ratio of 16.6 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $67.11 is built from several models across several years. Other multiples: P/B 1.9, P/S 1.6, EV/EBITDA 7.0.
How solid is the balance sheet of Yokogawa Electric Corp (YOKEY)?
Balance-sheet figures for Yokogawa Electric Corp (as of Nov 8, 2026): return on equity 12.1%. They feed the Quality Score of 72/100, which measures business quality independently of the share price.
How far is YOKEY from its 52-week high?
Yokogawa Electric Corp trades at $49.95, about 36% below its 52-week high of $78.61 and at the low of $49.95 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $67.11 is for.
Which stocks are comparable to Yokogawa Electric Corp ADR?
From the same area (Industrials) we also value SIE, GE Vernova Inc, Eaton Corporation, Parker-Hannifin Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Yokogawa Electric Corp ADR stock attractive at the current price?
The data as of Nov 8, 2026: price $49.95, calculated fair value $67.11 (+34%), Quality Score 72/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of YOKEY calculated?
We run Yokogawa Electric Corp through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $67.11 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Yokogawa Electric Corp currently trades 26% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Yokogawa Electric Corp (YOKEY)?
The closing price on Nov 6, 2026 was $49.95. Our model-based fair value is $67.11, about +34% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Yokogawa Electric Corp ADR right now?
Solid quality (72/100) at a price below fair value, the discount is the argument here, not the business quality. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Yokogawa Electric Corp (YOKEY) come from?
Earnings per share at Yokogawa Electric Corp grew +2.2 % a year from 2015 to 2026. Broken into its drivers: revenue per share −3.4 %, EBIT margin +6.2 %, tax rate +0.1 %, residual (interest, one-offs) −0.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Yokogawa Electric Corp
How large is the market capitalisation of Yokogawa Electric Corp (YOKEY)?
The market capitalisation of Yokogawa Electric Corp is $6.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Yokogawa Electric Corp (YOKEY)?
The price-to-sales ratio of Yokogawa Electric Corp is 1.59 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Yokogawa Electric Corp (YOKEY)?
Earnings per share at Yokogawa Electric Corp are $3.01 (price ÷ EPS = P/E 16.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Yokogawa Electric Corp (YOKEY)?
The dividend yield of Yokogawa Electric Corp is 1.9% (payout 31.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Yokogawa Electric Corp (YOKEY)?
The net margin of Yokogawa Electric Corp is 9.6% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Yokogawa Electric Corp (YOKEY)?
The return on equity (ROE) of Yokogawa Electric Corp is 12.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Yokogawa Electric Corp (YOKEY)?
On an EBIT basis the return on assets of Yokogawa Electric Corp is 9.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Yokogawa Electric Corp (YOKEY)?
The operating margin of Yokogawa Electric Corp is 11.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Yokogawa Electric Corp (YOKEY)?
Revenue at Yokogawa Electric Corp is growing +8.6% versus a year earlier (3y avg +12.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Yokogawa Electric Corp (YOKEY)?
Earnings per share at Yokogawa Electric Corp are growing −18.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Yokogawa Electric Corp (YOKEY) hold?
Yokogawa Electric Corp holds more cash than debt, ¥184B net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Nov 8, 2026