As of 2025-05-19, the Intrinsic Value of Toyota Motor Corp (7203.T) is 3,798.92 JPY. This 7203.T valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 2,665.00 JPY, the upside of Toyota Motor Corp is 42.5%.

The range of the Intrinsic Value is 2,305.36 - 7,374.5 JPY.

Is 7203.T undervalued or overvalued?

Based on its market price of 2,665.00 JPY and our intrinsic valuation, Toyota Motor Corp (7203.T) is undervalued by 42.5%.

2,665.00 JPY

Stock Price

3,798.92 JPY

Intrinsic Value

Intrinsic Value Details

7203.T Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	2,305.36 - 7,374.5	3,798.92	42.5%
DCF (Growth Exit 10Y)	3,644 - 9,881.26	5,492.81	106.1%
DCF (EBITDA Exit 5Y)	867.29 - 2,467.91	1,709.94	-35.8%
DCF (EBITDA Exit 10Y)	2,141.27 - 4,294.08	3,227.31	21.1%
Peter Lynch Fair Value	7,319.17 - 7,319.17	7,319.17	174.64%
P/E Multiples	1,920.34 - 2,974.59	2,419.59	-9.2%
EV/EBITDA Multiples	(832.07) - 836.69	(114.21)	-104.3%
Dividend Discount Model - Stable	2,141.69 - 5,378.32	3,760.01	41.1%
Dividend Discount Model - Multi Stages	3,731.81 - 7,271.12	4,931.31	85.0%

7203.T Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Honda Motor Co Ltd	727.15 - 3,167.28	1,445.04	2.4%
Hyundai Motor Co	(26,268.28) - 981,602.35	206,747.96	8.2%
SAIC Motor Corp Ltd	47.64 - 96.94	64.34	285.8%
Kia Motors Corp	260,484.82 - 346,518.65	296,180.25	223.7%
Suzuki Motor Corp	1,978.6 - 3,083.82	2,401.68	32.7%
Subaru Corp	5,366.58 - 7,906.74	6,343.03	141.5%
Isuzu Motors Ltd	2,351.31 - 3,896.39	2,946.37	55.4%
Nissan Motor Co Ltd	(237.16) - 13,042.43	1,078.02	198.6%
Mitsubishi Motors Corp	919.45 - 1,340.69	1,084.62	155.4%
Mazda Motor Corp	2,709.46 - 3,778.17	3,136.74	259.7%

7203.T Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	42,093,676
Beta	1.48
Outstanding shares (mil)	15,795
Enterprise Value (mil)	71,904,180

Market risk premium	6.6%
Cost of Equity	9.45%
Cost of Debt	4.25%
WACC	6.4%