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Toray Industries Valuation Multiples
Discover revenue and EBITDA valuation multiples for Toray Industries and similar public comparables like Jiangsu Eastern Shenghong, Shenzhou International, Tongkun Group, Nitto Boseki and more.
Toray Industries Overview
About Toray Industries
Toray Industries Inc is a Japan-based company engaged in the textile business, functional chemicals business, carbon fiber composite materials, and other businesses. The Carbon Fiber Composite Materials segment covers carbon fiber, composites, and molded products. The Environment and Engineering segment includes membranes for water treatment, general engineering, industrial machinery, housing, and construction materials. The Functional Chemicals segment handles resins, foams, films, fine chemicals, and electronic materials. The Life Science segment focuses on pharmaceuticals and medical devices. The Textile segment provides fibers, fabrics, non-woven and apparel products, while Others offers analysis, survey, and research services. It generates majority of revenue from the Textile segment.
Founded
1926
HQ

Employees
47.9K
Website
Sectors
Financials (LTM)
EV
$15B
Toray Industries Financials
Toray Industries reported last 12-month revenue of $16B and EBITDA of $2B.
In the same LTM period, Toray Industries generated $3B in gross profit, $2B in EBITDA, and $510M in net income.
Revenue (LTM)
Toray Industries P&L
In the most recent fiscal year, Toray Industries reported revenue of $18B and EBITDA of $2B.
Toray Industries expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $16B | XXX | $18B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 20% | XXX | 18% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 10% | XXX | 10% | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Profit | $510M | XXX | $532M | XXX | XXX | XXX |
| Net Margin | 3% | XXX | 3% | XXX | XXX | XXX |
| Net Debt | — | — | $4B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Toray Industries Stock Performance
Toray Industries has current market cap of $11B, and enterprise value of $15B.
Market Cap Evolution
Toray Industries' stock price is $7.29.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $15B | $11B | 0.3% | XXX | XXX | XXX | $0.36 |
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Start Free TrialToray Industries Valuation Multiples
Toray Industries trades at 0.9x EV/Revenue multiple, and 9.3x EV/EBITDA.
EV / Revenue (LTM)
Toray Industries Financial Valuation Multiples
As of April 20, 2026, Toray Industries has market cap of $11B and EV of $15B.
Equity research analysts estimate Toray Industries' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Toray Industries has a P/E ratio of 20.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $11B | XXX | $11B | XXX | XXX | XXX |
| EV (current) | $15B | XXX | $15B | XXX | XXX | XXX |
| EV/Revenue | 0.9x | XXX | 0.9x | XXX | XXX | XXX |
| EV/EBITDA | 9.3x | XXX | 8.6x | XXX | XXX | XXX |
| EV/EBIT | 16.4x | XXX | 15.6x | XXX | XXX | XXX |
| EV/Gross Profit | 4.7x | XXX | 4.8x | XXX | XXX | XXX |
| P/E | 20.9x | XXX | 20.1x | XXX | XXX | XXX |
| EV/FCF | 58.6x | XXX | 13.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Toray Industries Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Toray Industries Margins & Growth Rates
Toray Industries' revenue in the last 12 month grew by 5%.
Toray Industries' revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Toray Industries' rule of 40 is 15% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Toray Industries' rule of X is 20% (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).
Toray Industries Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | (6%) | XXX | XXX | XXX |
| EBITDA Margin | 10% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Growth | 16% | XXX | (8%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 15% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 20% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 13% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 3% | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 14% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Toray Industries Public Comps
See public comps and valuation multiples for other Textiles comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Toray Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| Jiangsu Eastern Shenghong | XXX | XXX | XXX | XXX | XXX | XXX |
| Shenzhou International | XXX | XXX | XXX | XXX | XXX | XXX |
| Tongkun Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Nitto Boseki | XXX | XXX | XXX | XXX | XXX | XXX |
| Erdos Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Toray Industries M&A Activity
Toray Industries acquired XXX companies to date.
Last acquisition by Toray Industries was on XXXXXXXX, XXXXX. Toray Industries acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Toray Industries
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialToray Industries Investment Activity
Toray Industries invested in XXX companies to date.
Toray Industries made its latest investment on XXXXXXXX, XXXXX. Toray Industries invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Toray Industries
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Toray Industries
| When was Toray Industries founded? | Toray Industries was founded in 1926. |
| Where is Toray Industries headquartered? | Toray Industries is headquartered in Japan. |
| How many employees does Toray Industries have? | As of today, Toray Industries has over 47K employees. |
| Is Toray Industries publicly listed? | Yes, Toray Industries is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Toray Industries? | Toray Industries trades under 3402 ticker. |
| When did Toray Industries go public? | Toray Industries went public in 1949. |
| Who are competitors of Toray Industries? | Toray Industries main competitors are Jiangsu Eastern Shenghong, Shenzhou International, Tongkun Group, Nitto Boseki. |
| What is the current market cap of Toray Industries? | Toray Industries' current market cap is $11B. |
| What is the current revenue of Toray Industries? | Toray Industries' last 12 months revenue is $16B. |
| What is the current revenue growth of Toray Industries? | Toray Industries revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of Toray Industries? | Current revenue multiple of Toray Industries is 0.9x. |
| Is Toray Industries profitable? | Yes, Toray Industries is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Toray Industries? | Toray Industries' last 12 months EBITDA is $2B. |
| What is Toray Industries' EBITDA margin? | Toray Industries' last 12 months EBITDA margin is 10%. |
| What is the current EV/EBITDA multiple of Toray Industries? | Current EBITDA multiple of Toray Industries is 9.3x. |
| What is the current FCF of Toray Industries? | Toray Industries' last 12 months FCF is $260M. |
| What is Toray Industries' FCF margin? | Toray Industries' last 12 months FCF margin is 2%. |
| What is the current EV/FCF multiple of Toray Industries? | Current FCF multiple of Toray Industries is 58.6x. |
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