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Japanese-German maker of CNC lathes and machining centers for metal-cutting manufacturers worldwide.
Japanese-German maker of CNC lathes and machining centers for metal-cutting manufacturers worldwide.
Sells machines through its own sales network and dealers and earns steadier income from servicing and spare parts. The company came from an alliance between Japan's Mori Seiki and Germany's Gildemeister, which gave it factories in both countries.
In one line: A large, global version of Haas Automation.
Moat: narrow (installed base, brand, distribution). Strong dealer/service network and machine-tool brand loyalty, but competes on price and tech globally.
Headquarters: Nagoya, Japan · Founded: 1948 · Employees: 14,026
Size Dmg Mori (6141.T) is a Japan Industrials company (Industrial Machinery) with a market value of $2.53B, the 409th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,560 on 6 Nov 2026.
Performance Over six months the shares fell 12.7%, against -21.5% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 19.8% over the last twelve months (peer median +13.6%); the operating margin is 4.1% (peer median 8.2%).
Valuation It trades at 23.5× forward earnings against a peer median of 25.6× (8th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.7 points below its cost of capital (8.7% WACC).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥595B | ¥515B | ¥541B | ¥539B | ¥475B |
| Revenue growth | — | -5% | 0% | +14% | — |
| Gross profit | ¥329B | ¥286B | ¥297B | ¥302B | ¥254B |
| EBITDA | ¥61.9B | ¥82.2B | ¥98.7B | ¥109B | ¥91.8B |
| Net income | ¥11.7B | ¥22.0B | ¥5.99B | ¥32.2B | ¥23.6B |
| Free cash flow | ¥47.3B | ¥9.35B | ¥17.4B | ¥25.4B | ¥43.5B |
| Capital expenditure | ¥30.9B | ¥29.5B | ¥43.8B | ¥42.5B | ¥41.1B |
| Total debt | ¥189B | ¥312B | ¥287B | ¥277B | ¥247B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Dmg Mori 6141.T | $2.53B | -13% | +20% | 4% | 23.5× | 12.9% |
| Okuma 6103.T | $1.56B | -16% | +15% | 9% | 10.4× | n/a |
| Makino Milling Machine 6135.T | $1.99B | +35% | +17% | 12% | 10.1× | -3.2% |
| Tsugami 6101.T | $1.03B | -23% | +24% | 27% | n/a | -5.3% |
| Shibaura Machine 6104.T | $597M | +2% | -22% | 2% | 41.3× | n/a |
| Qinchuan Machine Tool & Tool Group Share 000837.SZ | $1.46B | -14% | +8% | -4% | 105.7× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 6141.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.7% | -8.0% | 10th lowest of 21 |
| 6-month return | -12.7% | -21.5% | 7th highest of 21 |
| Distance from 52-week high | -35.7% | -46.2% | 6th highest of 21 |
| Revenue growth (TTM) | +19.8% | +13.6% | 9th highest of 21 |
| Operating margin | 4.1% | 8.2% | 3rd lowest of 21 |
| Forward P/E | 23.5× | 25.6× | 8th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 12.9% | 19.7% | 5th least demanding of 13 |
| Growth delivered (Del g) | +9.4% | +12.6% | 4th lowest of 13 |
| Hurdle (Req g minus delivered) | +3.4 pp | +3.8 pp | 7th least demanding of 13 |
| ROIC minus cost of capital | -4.7 pp | +0.1 pp | 6th lowest of 21 |
| EV / EBITDA | 8.9× | 23.8× | 2nd cheapest of 11 |
| Net debt / EBITDA | 2.5× | 0.1× | 3rd most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Dmg Mori 6141.T | Japan | $2.53B | -13% | +20% | 4% | 23.5× | 12.9% | +9.4% |
| All Ring Tech 6187.TWO | Taiwan | $2.52B | -36% | +1% | 29% | 25.0× | 26.4% | +28.9% |
| China Baoan 000009.SZ | China | $2.56B | -23% | +26% | 7% | n/a | n/a | n/a |
| CECO Environmental CECO | United States | $2.56B | -47% | +38% | 6% | 16.5× | n/a | n/a |
| Guangdong Dongfang Precision Science & Technology 002611.SZ | China | $2.50B | -19% | -16% | 8% | 20.2× | 17.8% | +12.4% |
| Jungheinrich AG Pref JUN3.DE | Germany | $2.58B | -12% | +2% | 5% | 10.3× | -0.4% | +7.6% |
| Harmonic Drive Systems 6324.T | Japan | $2.60B | -18% | +12% | 7% | 62.4× | n/a | n/a |
| Shanghai Zhenhua Heavy Industries 600320.SS | China | $2.64B | -21% | +6% | 5% | 20.4× | -4.9% | +9.7% |
| Timken India TIMKEN.NS | India | $2.43B | -12% | +19% | 16% | 46.1× | 36.2% | +19.8% |
| Dongguan Yiheda Automation 301029.SZ | China | $2.65B | -2% | +31% | 18% | 27.1× | 21.6% | +19.5% |
| Japan Steel Works 5631.T | Japan | $2.41B | -46% | -1% | 10% | 17.0× | n/a | n/a |
| Doosan Robotics 454910.KS | South Korea | $2.41B | -54% | +97% | -91% | n/a | n/a | n/a |
| Munters MTRS.ST | Sweden | $2.40B | -34% | 0% | 9% | 26.2× | 12.4% | +16.0% |
| Wonik IPS 240810.KS | South Korea | $2.39B | -43% | +9% | 8% | 14.7× | 29.4% | -3.6% |
| Amber Enterprises India AMBER.NS | India | $2.39B | -28% | +15% | 5% | 59.6× | n/a | n/a |
| Yantai Eddie Precision Machinery 603638.SS | China | $2.38B | -22% | +35% | 16% | 28.8× | 15.1% | +7.3% |
| Guangzhou Haozhi Industrial 300503.SZ | China | $2.70B | -8% | +55% | 20% | n/a | n/a | n/a |
| ROBOTIS 108490.KS | South Korea | $2.37B | -30% | +52% | -16% | n/a | n/a | n/a |
| Organo 6368.T | Japan | $2.36B | -14% | +10% | 19% | 12.1× | 12.8% | +12.0% |
| Beijing Jingyi Automation Equipment 688652.SS | China | $2.73B | -10% | +34% | 9% | 77.6× | 49.0% | +32.4% |
| Chengdu Xuguang Electronics 600353.SS | China | $2.32B | +8% | +13% | 7% | 64.5× | 53.1% | +12.8% |