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West Japan Railway Company (WJRYF)

NEUTRAL
IndustrialsRailroadsJapan

Fundamental

62

Precio

$2986.00

Capitalización Bursátil

$1.34T

Parte 1 · Cuánto vale la empresa

Resumen

West Japan Railway (JR West) runs commuter and intercity passenger trains across the Kansai and Chugoku regions of western Japan, including the Sanyo Shinkansen bullet-train line linking Osaka to Fukuoka. Alongside the railway it develops and leases real estate around its stations — shopping centres, offices and hotels — and operates retail and food outlets inside stations and trains. The rail network was inherited from the state railway's 1987 breakup into regional companies.

Cómo genera ingresos

Most revenue comes from fares: commuters buying monthly passes for daily travel and other passengers buying individual or Shinkansen tickets, so revenue tracks ridership and how often people travel by rail. A second, growing stream comes from the real estate, retail and hotel businesses JR West builds on land it owns around its stations, which benefit from the steady footfall its own trains bring rather than depending on rail travel directly.

Ventaja competitiva

Escala · Estrecha

JR West operates under an effective regional monopoly on its rail routes: building a competing railway line and station network across the same territory would be enormously expensive and is not something a private competitor realistically attempts. That said, the moat is geographically bounded and does not protect the company from competition in its non-rail retail and real estate businesses.

Qué impulsa la demanda

Cíclico

Ridership on the Shinkansen and commuter lines rises and falls with business travel, tourism and the broader economy, and inbound tourism to Japan in particular can swing sharply with currency levels and global travel trends. JR West's own results have been lifted recently by a tourism and events tailwind, illustrating how much revenue depends on discretionary travel rather than a fixed, steady commuter base alone.

Los argumentos a favor

Buyers argue that JR West holds an effectively unreplicable rail network across a major part of Japan, that inbound tourism and events such as the Osaka-Kansai Expo have driven record results, and that its real estate and retail businesses give it a second, less rail-dependent growth engine.

Los argumentos en contra

Sellers worry that Japan's long-term population decline shrinks the domestic commuter base the railway was built to serve, that results tied to a one-off event like the Expo can fade once it ends, and that heavy, ongoing spending on maintaining aging rail infrastructure limits how much cash is left over for shareholders.

Written by the editors, published on 18 de agosto de 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance y Liquidez

Ingresos

$1.85T

Últimos 12 meses hasta el último trimestre publicado — estimación a partir de métricas por acción

Beneficio Neto

$125.92B

Últimos 12 meses hasta el último trimestre publicado — estimación a partir de métricas por acción

Flujo de Caja Libre

-

Patrimonio Neto Total

$1.22T

Pasivo Total

$1.56T

Ratio de Liquidez

1.12

Cobertura de Intereses

-

Deuda/EBITDA

4.21

Beneficio Por Acción

Ingresos y Beneficio Neto

Flujo de Caja Libre

Desglose de Ingresos

Estado histórico

Márgenes en el tiempo

La deuda en el tiempo

Cuánto pesa la deuda

Cuadro de crecimiento

Crecimiento — Ingresos

Estimación de Valor Justo

Infravalorado

Valor Justo

$4176.05

Precio Actual

$2986.00

Margen de Seguridad

+28.5%

Rango de Valor Justo

$2769.04 - $5583.06

Métodos de Estimación

Analyst Target:$3069.09
DCF:$7108.26
PE-based:$3256.31
Graham Growth:$4519.33
EPV:$3940.63
Consenso de Analistas:Comprar (7B / 9H / 0S)
Última Sorpresa de Resultados:+13.11%

Métricas de Valoración

Ratio P/E

10.67

ROE

9.3%

Ratio P/B

1.11

P/FCF

-

Margen Bruto

25.1%

ROIC

6.9%

Radar de Rentabilidad

Value Creation (Economic Moat)

ROIC

6.9%

WACC

3.6%

ROIC − WACC

+3.3 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Criterios de Análisis Fundamental

Superado (11)

  • ROIC 6.9%
  • P/B Ratio 1.11
  • Debt/Equity ratio
  • Operating Margin 9.8%
  • Current Ratio
  • Debt/EBITDA
  • Price below Graham Number
  • ROE 10.8%
  • Revenue Growth 5Y 14.9%
  • Earnings Surprise avg 41.3%
  • Net Margin Trend 6.9% vs 6.7%

Fallido (5)

  • Price CAGR -2.18%
  • Gross Margin 25.1%
  • DCF valuation (Unknown)
  • Analyst Consensus 44% Buy
  • Piotroski F-Score 0/9

No disponible (11)

  • EPS data insufficient
  • P/FCF NaN
  • Dividend Payout NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • PEG Ratio (need PE > 0 and growth > 0)
  • Earnings Quality (OCF/Net Income)
  • Share Dilution (missing shares data)

Piotroski F-Score

0/9

Preocupaciones financieras graves

score
criteria

Calidad de los Beneficios

-

Baja calidad: investigue la contabilidad

Dilución de Acciones

-

Recomprando acciones. Favorable para el accionista

Gobernanza

Equipo Directivo

NombreCargoEdad
Mr. Kazuaki HasegawaChairman of the Board of Directors68
Mr. Shoji KurasakaPresident & Representative Director63
Mr. Jun FukushimaGeneral Manager of Corporate Communications Department-
Mr. Eiji TsuboneSenior Managing Exe. Off., Head of Hotel Co., GM of Corporate Strategy Headquarters & Director59

Riesgo de Auditoría

1

Riesgo del Consejo

3

Riesgo de Compensación

10

Riesgo de Derechos del Accionista

2

Parte 2 · El precio y el momento de entrar

Esta parte no sirve para saber si la empresa vale: sirve para elegir cuándo comprarla, una vez que los fundamentales te han convencido. Dentro: análisis técnico, potencial, caídas históricas, exposición gamma.

Latest News

Recent headlines for WJRYF, sourced from Markets Gazette.

No recent news for WJRYF.