West Japan Railway Company (WJRYF)
NEUTRALFundamental
62
Preço
$2986.00
Capitalização de Mercado
$1.34T
Parte 1 · Quanto vale a empresa
Visão Geral
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.
Como gera receita
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.
Vantagem competitiva
Escala · EstreitaJR 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.
O que impulsiona a procura
CíclicoRidership 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.
Os 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.
Os argumentos 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.
Balanço & Liquidez
Receita
$1.85T
Últimos 12 meses até o último trimestre divulgado — estimativa a partir de métricas por ação
Resultado Líquido
$125.92B
Últimos 12 meses até o último trimestre divulgado — estimativa a partir de métricas por ação
Fluxo de Caixa Livre
-
Capital Próprio Total
$1.22T
Passivo Total
$1.56T
Rácio de Liquidez
1.12
Cobertura de Juros
-
Dívida/EBITDA
4.21
Resultados Por Ação
Receita & Resultado Líquido
Fluxo de Caixa Livre
Decomposição dos Resultados
Demonstração histórica
Margens ao longo do tempo
A dívida ao longo do tempo
Quanto pesa a dívida
Grelha do crescimento
Crescimento — Receitas
Estimativa de Valor Justo
Valor Justo
$4176.05
Preço Atual
$2986.00
Margem de Segurança
+28.5%
Intervalo de Valor Justo
$2769.04 - $5583.06
Métodos de Estimativa
Métricas de Avaliação
Rácio P/E
10.67
ROE
9.3%
Rácio P/B
1.11
P/FCF
-
Margem Bruta
25.1%
ROIC
6.9%
Radar de Rentabilidade
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.
Critérios de Análise Fundamental
Aprovado (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%
Reprovado (5)
- Price CAGR -2.18%
- Gross Margin 25.1%
- DCF valuation (Unknown)
- Analyst Consensus 44% Buy
- Piotroski F-Score 0/9
Indisponível (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
Preocupações financeiras graves
Qualidade dos Resultados
Baixa qualidade: investigar a contabilidade
Diluição de Ações
A recomprar ações. Favorável ao acionista
Governação
Equipa Executiva
| Nome | Cargo | Idade |
|---|---|---|
| Mr. Kazuaki Hasegawa | Chairman of the Board of Directors | 68 |
| Mr. Shoji Kurasaka | President & Representative Director | 63 |
| Mr. Jun Fukushima | General Manager of Corporate Communications Department | - |
| Mr. Eiji Tsubone | Senior Managing Exe. Off., Head of Hotel Co., GM of Corporate Strategy Headquarters & Director | 59 |
Risco de Auditoria
1
Risco do Conselho
3
Risco de Remuneração
10
Risco dos Direitos dos Acionistas
2
Parte 2 · O preço e o momento de entrar
Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.
Latest News
Recent headlines for WJRYF, sourced from Markets Gazette.