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West Japan Railway Company (WJRYF)

NEUTRAL
IndustrialsRailroadsJapan

Fundamental

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 · Estreita

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.

O que impulsiona a procura

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.

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

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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

Subvalorizada

Valor Justo

$4176.05

Preço Atual

$2986.00

Margem de Segurança

+28.5%

Intervalo de Valor Justo

$2769.04 - $5583.06

Métodos de Estimativa

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

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

0/9

Preocupações financeiras graves

score
criteria

Qualidade dos Resultados

-

Baixa qualidade: investigar a contabilidade

Diluição de Ações

-

A recomprar ações. Favorável ao acionista

Governação

Equipa Executiva

NomeCargoIdade
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

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.

No recent news for WJRYF.