Nikon Valuation Multiples

Nikon Overview

About Nikon

Nikon Corp is a Japan-based precision optics and imaging company. The group operates across five business segments: Component Business, providing industrial microscopes, measuring instruments, X-ray/CT inspection systems, optical components, and engineering services; Digital Manufacturing Business, offering metal 3D printers, encoders, digital solutions, EUV- and space-related components, and FPD photomask substrates; Healthcare Business, delivering life science, eye-care, and cell contract manufacturing solutions; Precision Machinery Business, focused on FPD and semiconductor lithography equipment; and Video Business, engaged in interchangeable-lens digital cameras, compact digital cameras, and interchangeable lenses. It generates majority of its revenue from the Video Business segment.

Founded

1917

HQ

Employees

20.1K

Website

jp.nikon.com

Sectors

Consumer Electronics

Financials (LTM)

Revenue: $4B

EBITDA: ($330M)

EV

$5B

Valuation Multiples

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Nikon Financials

Nikon reported last 12-month revenue of $4B and negative EBITDA of ($330M).

In the same LTM period, Nikon generated $1B in gross profit, ($330M) in EBITDA losses, and had net loss of ($501M).

Nikon P&L

In the most recent fiscal year, Nikon reported revenue of $5B and EBITDA of $351M.

Nikon expects next 12-month revenue of XXX and NTM EBITDA of XXX

Nikon Stock Performance

Nikon has current market cap of $4B, and enterprise value of $5B.

Nikon's stock price is $12.07.

Nikon Valuation Multiples

Nikon trades at 1.1x EV/Revenue multiple, and (13.6x) EV/EBITDA.

Nikon Financial Valuation Multiples

As of April 20, 2026, Nikon has market cap of $4B and EV of $5B.

Equity research analysts estimate Nikon's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Nikon has a P/E ratio of (7.9x).

Nikon Margins & Growth Rates

Nikon's revenue in the last 12 month grew by 5%.

Nikon's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.

Nikon's rule of 40 is 6% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Nikon's rule of X is 8% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Nikon Public Comps

See public comps and valuation multiples for other Consumer Electronics comps.

Nikon M&A Activity

Nikon acquired XXX companies to date.

Last acquisition by Nikon was on XXXXXXXX, XXXXX. Nikon acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Nikon Investment Activity

Nikon invested in XXX companies to date.

Nikon made its latest investment on XXXXXXXX, XXXXX. Nikon invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).