Obermatt

Taisei

TYO:1801 · JP3443600006
Construction & EngineeringX-Large

360

69
EV / EBIT59
Price / Owner Earnings64
Owner Earnings Yield73
Dividend Yield69
Price/Sales39
EV / Gross Profit57
Price/Book33
Returns on capital58
EBIT Margin63
Gross Profitability30
Cash Conversion22
Accruals18
Owner Earnings Margin58
Sales growth86
Profit Growth79
Long-Term EPS Growth35
Reinvestment97
Price momentum73
Debt load54
Refinancing41
Debt Payback51
Liquidity84
Analyst ratings51
Opinion Changes36
Price Target Upside73
Market mood83
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Taisei clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryJapan
IndustryConstruction & Engineering
SizeX-Large
TypePublic Company
ExchangeTSE
Founded1917
Employees548
ISINJP3443600006
Last UpdateApr 2, 2026
Themes
Utility Scale SolarPollution ControlEnvironmental ConsultingEnvironmental EngineeringBiomass EnergyConstructionReal Estate

Description

Taisei Corporation operates as a construction company. Segments The company operates through Civil Engineering, Building Construction, and Real Estate Development segments. Civil Engineering This segment engages in the construction of infrastruct…

Analysis

Middle-of-the-road

Taisei Corporation is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is fair. You pay 17.7× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 5% yearly growth; analysts expect 9%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is sturdy. The company scores 13/20 on our value-creation score: creating some value.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
100
2023202420252026

All-time high

100

Jun 2026

All-time low

19

Mar 2026

Average rank

62

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
39
46
58
47
Price/Earnings
49
44
25
69
Price/Book
33
32
50
72
Dividend Yield
69
27
32
50
Value (overall)
41
11
17
36

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →