Yamaha - Public Comps and Valuation Multiples

Yamaha Overview

About Yamaha

Yamaha is a Japanese manufacturer of musical instruments and audio equipment. The company organises itself into four segments, based on product type: musical instruments, audio equipment, electronic devices, and other. Sales in the musical instruments and audio equipment segments constitute the vast majority of consolidated revenue. The musical instruments segment, which contributes more than half of company revenue, includes pianos, wind, string, percussion, and digital music instruments, and music schools. Audio equipment includes AV receivers, amplifiers, speakers, commercial karaoke equipment, and conference systems. The company derives around a third of its revenue domestically, with North America, Europe, and China the next most significant geographies.

Founded

1897

HQ

Employees

28.1K+

Website

yamaha.com

Sectors

Sports & Leisure
Consumer Electronics

Financials

LTM Revenue $3.1B

LTM EBITDA $259M

EV

$2.4B

Valuation Multiples

Multiples.vc

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

Yamaha Financials

Yamaha has a last 12-month revenue of $3.1B and a last 12-month EBITDA of $259M.

In the most recent fiscal year, Yamaha achieved revenue of $3.1B and an EBITDA of $394M.

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

See Yamaha valuation multiples based on analyst estimates

Yamaha P&L

	FY 2023	FY 2024	FY 2025	LTM	NTM
Revenue	$3.0B	$3.1B	XXX	XXX	XXX
Gross Profit	$1.0B	$1.1B	XXX	XXX	XXX
Gross Margin	34%	37%	XXX	XXX	XXX
EBITDA	$467M	$394M	XXX	XXX	XXX
EBITDA Margin	16%	13%	XXX	XXX	XXX
Net Profit	$248M	$254M	XXX	XXX	XXX
Net Margin	8%	8%	XXX	XXX	XXX
Net Debt	n/a	n/a	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

Yamaha Stock Performance

As of April 15, 2025, Yamaha's stock price is JPY 1025 (or $7).

Yamaha has current market cap of JPY 467B (or $3.1B), and EV of JPY 363B (or $2.4B).

See Yamaha trading valuation data

Yamaha Stock Data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$2.4B	$3.1B	XXX	XXX	XXX	XXX	$0.22

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Yamaha Valuation Multiples

As of April 15, 2025, Yamaha has market cap of $3.1B and EV of $2.4B.

Yamaha's trades at 0.8x LTM EV/Revenue multiple, and 9.3x LTM EBITDA.

Analysts estimate Yamaha's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

See valuation multiples for Yamaha and 10K+ public comps

Yamaha Financial Valuation Multiples

	FY 2024	FY 2025E	FY 2026E	FY 2027E
EV	$2.4B	XXX	XXX	XXX
EV/Revenue	0.8x	XXX	XXX	XXX
EV/EBITDA	8.4x	XXX	XXX	XXX
P/E	24.8x	XXX	XXX	XXX
P/E/Growth	0.7x	XXX	XXX	XXX
EV/FCF	10.9x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Yamaha Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Yamaha Valuation Multiples

Yamaha's NTM/LTM revenue growth is 0%

Yamaha's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $34K for the same period.

Over next 12 months, Yamaha's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .

Analysts estimate Yamaha's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

See operational valuation multiples for Yamaha and other 10K+ public comps

Yamaha Operational Valuation Multiples

	FY 2024	NTM	FY 2025E	FY 2026E	FY 2027E
Revenue Growth	3%	XXX	XXX	XXX	XXX
EBITDA Margin	9%	XXX	XXX	XXX	XXX
EBITDA Growth	-16%	XXX	XXX	XXX	XXX
Rule of 40 (SaaS-only)	9%	XXX	XXX	XXX	XXX
Revenue per Employee	$0.1M	XXX	XXX	XXX	XXX
Opex per Employee	$34K	XXX	XXX	XXX	XXX
S&M Expenses to Revenue	n/a	XXX	XXX	XXX	XXX
G&A Expenses to Revenue	30%	XXX	XXX	XXX	XXX
R&D Expenses to Revenue	n/a	XXX	XXX	XXX	XXX
Opex to Revenue	31%	XXX	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry