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ORIX Corporation (ORXCF)

Sous-évalué
Financial ServicesFinancial ConglomeratesJapan

Fondamental

61

Prix

$5911.00

Capitalisation boursière

$6.37T

Partie 1 · Ce que vaut l'entreprise

Vue d'ensemble

ORIX is a Japanese financial conglomerate that does not fit one label: it leases equipment to businesses, lends money, develops and manages real estate, runs private-equity investments and airport and water concessions, sells life insurance, owns a bank, leases aircraft and ships, and generates and retails renewable energy — mostly in Japan, with growing operations in the Americas, Europe and Asia. Its edge is being able to move capital across all of these businesses as opportunities shift.

Comment l'entreprise gagne de l'argent

Because it spans leasing, lending, insurance, banking and investing, ORIX earns money in several different ways at once: interest and fees on loans and leases, insurance premiums, gains on private-equity and real-estate investments, and returns on aircraft, ship and infrastructure assets it owns and operates. Group results are reported mainly as segment profit rather than a single, clean revenue split, reflecting how different these businesses are from one another.

Ce qui stimule la demande

Modérément cyclique

Spreading across leasing, lending, insurance, real estate, private equity and infrastructure means different parts of the group respond to different conditions at different times — private equity and real estate lean cyclical, insurance and core leasing lean steadier — so the group as a whole tends to be less exposed to any single economic swing than a pure-play in one of those businesses would be.

Principaux risques

  • Credit risk across many businesses — ORIX monitors credit exposure across loans, leases and investments by borrower type, region and asset quality; concentration in any of these can expose the group to loan and lease losses.
  • Interest rate exposure — A meaningful part of interest income comes from floating-rate installment loans and related instruments, so a drop in market interest rates can reduce income earned on that book.
  • Market risk from diverse exposures — The group is exposed to interest rate, foreign exchange and equity market price movements across its lending, investment and insurance businesses simultaneously.
  • Liquidity and funding risk — As a business that lends and leases using borrowed and raised capital, ORIX depends on continued access to funding markets at reasonable cost to sustain its lending and leasing activities.
  • Operational and cybersecurity risk — The group names information security, IT and operational risk among its principal risk categories, given how many financial systems and customer data it operates across its many business lines.

Les arguments en faveur

Buyers argue that spreading capital across leasing, lending, insurance, real estate, private equity and infrastructure lets ORIX shift money toward whichever business is performing best at a given time, and that this diversification makes the group's overall earnings steadier than any single one of its businesses would be on its own.

Les arguments contre

Sellers worry that a conglomerate spanning lending, insurance, real estate and private equity is hard for an outside investor to value cleanly, that credit, interest-rate and market risk hit several of its businesses at once in a downturn, and that segment profit — the way results are reported — can mask which parts of the group are actually struggling.

Written by the editors, published on 18 août 2026

Direct competitors

Who this company fights with for the same customers

Generated on 19 septembre 2026 with claude-haiku-4-5 — shared with all users

Mitsubishi HC Capital Inc. (三菱HCキャピタル株式会社)8593

Japan's largest diversified lessor, chasing the same corporate customers as ORIX in equipment leasing, auto mobility, aircraft, real estate and renewable-energy finance, both in Japan and overseas.

Tokyo Century Corporation (東京センチュリー株式会社)8439

Competes directly for Japanese equipment-leasing and auto-fleet contracts and, like ORIX, has built specialty finance in aircraft, shipping and international leasing.

Sumitomo Mitsui Finance and Leasing Company, Limited (三井住友ファイナンス&リース株式会社)Not tracked

One of the three biggest Japanese lessors, unlisted because it is jointly owned by Sumitomo Mitsui Financial Group and Sumitomo Corporation, and it bids against ORIX for corporate leasing, aircraft and real-estate finance mandates.

Mizuho Leasing Company, Limited (みずほリース株式会社)8425

Offers the same mix of equipment leasing, lending, real-estate and aircraft operating leases to Japanese corporate borrowers that ORIX serves.

Fuyo General Lease Co., Ltd. (芙蓉総合リース株式会社)8424

A mid-sized independent Japanese lessor competing for the same equipment, vehicle and real-estate leasing business among domestic small and mid-cap corporates.

AerCap Holdings N.V.AER

The world's largest aircraft lessor, competing head-on with ORIX Aviation for aircraft placements and sale-leaseback deals with the same global airline customers.

Bilan & Liquidités

Chiffre d'affaires

$2.27T

12 derniers mois (au 30/06/2026)

Résultat net

$620.81B

12 derniers mois (au 30/06/2026)

Flux de trésorerie libre

-

Capitaux propres totaux

$4.47T

Passif total

$6.31T

Ratio de liquidité général

1.68

Couverture des intérêts

-

Dette/EBITDA

5.47

Bénéfice par action

Chiffre d'affaires & Résultat net

Flux de trésorerie libre

Décomposition du résultat

État historique

Marges dans le temps

La dette dans le temps

Le poids de la dette

Grille de la croissance

Croissance — Chiffre d'affaires

Estimation de la juste valeur

Cas généralSous-évalué

Juste valeur

$10471.14

Prix actuel

$5911.00

Marge de sécurité

+43.5%

Fourchette de juste valeur

$6806.24 - $14136.04

Écart entre les méthodes de valorisation utilisées, pas un intervalle de confiance calibré statistiquement.

Méthodes d'estimation

Objectif de cours des analystes:$7000.00
Flux de trésorerie actualisés (DCF):$16838.37
Multiple de résultat (P/E):$5636.81
Formule de croissance de Graham:$24323.51
Valeur de la capacité bénéficiaire (EPV):$2709.73
P/B justifié:$3497.52
Actualisation des dividendes (Gordon):$2222.63
P/FFO, les fonds provenant de l'exploitation:Données insuffisantes pour le calculer
Bénéfices de milieu de cycle:Données insuffisantes pour le calculer
Multiple sur le chiffre d'affaires:$7292.47
Consensus des analystes:Acheter (8B / 8H / 0S)
Dernière surprise sur les résultats:+37.10%

Indicateurs de valorisation

Ratio P/E

10.88

ROE

14.0%

Ratio P/B

1.42

P/FCF

-

Marge brute

43.6%

ROIC

5.5%

Radar de rentabilité

Création de valeur (avantage concurrentiel)

ROIC

5.5%

WACC

5.6%

ROIC − WACC

-0.1 pp

Le ROIC est à peu près aligné sur le coût du capital — l'entreprise couvre à peine son coût du capital.

Critères d'analyse fondamentale

Réussi (13)

  • Price CAGR 13.54%
  • ROIC 5.5%
  • Gross Margin 43.6%
  • P/B Ratio 1.42
  • Debt/Equity ratio
  • Current Ratio
  • Debt/EBITDA
  • ROE 10.1%
  • Revenue Growth 5Y 7.8%
  • Analyst Consensus 50% Buy
  • Earnings Surprise avg 21.7%
  • PEG Ratio 0.71
  • Net Margin Trend 13.4% vs 12.2%

Échoué (2)

  • DCF valuation (Unknown)
  • Piotroski F-Score 0/9

Indisponible (12)

  • EPS data insufficient
  • P/FCF NaN
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • Earnings Quality (OCF/Net Income)
  • Share Dilution (missing shares data)

Score F de Piotroski

0/9

Préoccupations financières sérieuses

score
criteria

Qualité des bénéfices

-

Qualité faible : examiner la comptabilité

Dilution du capital

-

Rachat d'actions. Favorable aux actionnaires

Participations institutionnelles

Aucune déclaration institutionnelle pour cette entreprise.

Gouvernance

Équipe dirigeante

NomTitreÂge
Mr. Hidetake TakahashiPresident & CEO for Digital Innovation, Representative Executive Officer and Director54
Mr. Seiichi MiyakeManaging Executive Officer & Head of Investment and Operation Headquarters57
Mr. Stan H. Koyanagi J.D.Senior Managing Executive Officer & Global General Counsel65
Mr. Satoru MatsuzakiRepresentative Executive Officer Deputy President, COO for Japan & APAC and Director59
Mr. Eiji AritaManaging Executive Officer & Head of Corporate Business Headquarters59
Mr. Masataka YamadaSenior Managing Executive Officer, CFO, Chief Strategy Officer & Director53
Mr. Paddy HoganGlobal Head of Investor Relations-
Koichi UchidaGeneral Manager of Group Corporate Communication-
Mr. Satoru KatahiraChairman of Health Insurance Society and Corporate Pension Fund of ORIX Group-
Mr. Shuji IrieSenior Managing Executive Officer, COO of Infrastructure Business Unit & Director62

Risque d'audit

1

Risque du conseil

2

Risque de rémunération

1

Risque droits des actionnaires

7

Partie 2 · Le prix et le moment d'entrer

Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.

Latest News

Recent headlines for ORXCF, sourced from Markets Gazette.

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