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Ebara Corp6361.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Industrial Machinery

Maker of industrial pumps, compressors and precision equipment, including CMP polishing tools for chipmaking.

≈ A pumps maker like Flowserve that also makes chip-polishing toolsMomentum laggard 2
Mkt cap
$9.28B
US dollars, full cap
Free float
98%
of shares outstanding
$/day
$87.1M
20-day average traded
Fwd P/E
14.5×
forward earnings
ROIC−WACC
-1.1 pp
WACC 13.8%
Hurdle
n/a
no reverse DCF
Next earnings
7 days
13 Nov 2026
Close · JPY¥3,198
1D-7.4%
1W-18.3%
1M-34.2%
3M-42.4%
6M-39.6%
YTD-12.7%
1Y-17.1%
ATR %6.5%
52w lowhigh53.3% off high

What Ebara does

Maker of industrial pumps, compressors and precision equipment, including CMP polishing tools for chipmaking.

Splits into pumps and compressors for buildings, utilities and oil and gas, environmental plants built on contract for municipalities, and precision machines for chipmakers, where it sells polishing tools and dry vacuum pumps. Each pump or tool sold brings repeat spares and service later.

In one line: A pumps maker like Flowserve that also makes chip-polishing tools.

Products and services

  • Standard/precision pumps
  • Compressors/turbines
  • CMP (chemical-mechanical polishing) systems
  • Environmental plants (waste-to-energy)

Customers

  • Utilities/infrastructure
  • Oil & gas/petrochemical
  • Semiconductor fabs (CMP)
  • Municipalities (environmental plants)

Where it sits in the supply chain

  • Industrial equipment
  • Fluid machinery + semiconductor…
  • Pumps/compressors, CMP polishers

What could go right

  • Semiconductor capex (CMP)
  • Infrastructure/water investment

What could go wrong

  • Cyclical capex in both segments

Moat: narrow (installed base, process know-how, customer qualification). Established pump brand plus a qualified CMP tool position inside chip fabs.

Headquarters: Tokyo, Japan · Founded: 1912 · Employees: 21,148

Named competitors

Ebara at a glance

Size Ebara (6361.T) is a Japan Industrials company (Industrial Machinery) with a market value of $9.28B, the 147th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,198 on 6 Nov 2026.

Performance Over six months the shares fell 39.6%, against -13.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue grew 8.6% over the last twelve months (peer median +12.2%); the operating margin is 11.5% (peer median 14.3%).

Valuation It trades at 14.5× forward earnings against a peer median of 23.7× (4th cheapest of 21).

Capital Return on invested capital runs 1.1 points below its cost of capital (13.8% WACC).

Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026Peer median 846361.T 61
Six months, rebased to 100: Ebara against the median of its 20 peers (local-currency closes).

Ebara financials

Reported figures in JPY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥1.00T¥958B¥867B¥759B¥681B
Revenue growth—+11%+14%+12%—
Gross profit¥321B¥297B¥274B¥232B¥203B
EBITDA¥154B¥149B¥134B¥113B¥97.5B
Net income¥78.9B¥76.6B¥71.4B¥60.3B¥50.5B
Free cash flow-¥28.7B-¥51.5B¥50.0B¥35.5B¥12.7B
Capital expenditure¥90.2B¥92.2B¥50.9B¥34.5B¥24.3B
Total debt¥228B¥225B¥150B¥145B¥119B

Quarterly statements and history in the cockpit →

Ebara competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%-40%-20%0%+20%NIBE-B301377301200000988688729IMIINDTFLS6488002008RAA0470PNRGGG6383BEAN688017300316115765256361.T6-month return →1-month return →
Up and to the right = strong over both horizons. Ebara is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%20×40×60×NIBE-B301377301200000988688729IMIINDTFLS64880020080470PNR6383BEAN688017300316115765256361.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Ebara is the large dot.

Ebara competitors and peer comparison

Head to head with its named competitors (6361.T vs FLS vs AMAT vs SUN.SW)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Ebara 6361.T$9.28B-40%+9%11%14.5×n/a
Flowserve FLS$10.2B+13%0%14%17.8×15.0%
Applied Materials AMAT$264B-24%+8%31%18.8×25.5%
Sulzer SUN.SW$7.39B+23%-3%13%17.9×-1.4%

How Ebara compares with its peers

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.

Ebara against its 20 peers (data as of 6 Nov 2026)
Measure6361.TPeer medianRank in peer set
1-month return-34.2%-7.2%5th lowest of 21
6-month return-39.6%-13.7%4th lowest of 21
Distance from 52-week high-53.3%-43.2%9th lowest of 21
Revenue growth (TTM)+8.6%+12.2%10th lowest of 21
Operating margin11.5%14.3%6th lowest of 21
Forward P/E14.5×23.7×4th cheapest of 21
ROIC minus cost of capital-1.1 pp+2.2 pp8th lowest of 21
EV / EBITDA10.1×16.5×cheapest of 12
Net debt / EBITDA0.5×1.1×6th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Ebara 6361.TJapan$9.28B-40%+9%11%14.5×n/an/a
NIBE Industrier NIBE-B.STSweden$9.25B+7%+2%10%27.3×13.5%+8.5%
Guangdong Dtech Technology 301377.SZChina$9.23B-18%+119%36%50.9×n/an/a
Shenzhen Han's CNC Technology 301200.SZChina$9.08B-25%+98%21%32.1×n/an/a
Huagong Tech 000988.SZChina$9.54B-47%+16%7%30.9×n/an/a
Beijing E-Town Semiconductor Technology 688729.SSChina$8.94B-14%+10%12%52.3×n/an/a
IMI IMI.LUnited Kingdom$8.81B+3%+8%21%19.9×14.3%+4.8%
Indutrade INDT.STSweden$9.94B+39%+6%12%28.6×18.4%+10.9%
Flowserve FLSUnited States$10.2B+13%0%14%17.8×15.0%+4.9%
GlobalWafers 6488.TWOTaiwan$8.15B-23%-6%11%21.4×n/an/a
Han's Laser Technology Industry 002008.SZChina$7.97B-48%+59%12%19.1×19.6%+9.5%
Rational Aktiengesellschaft RAA.DEGermany$7.95B-4%+6%27%26.1×14.8%+14.2%
Wuxi Lead Intelligent Equipment 0470.HKHong Kong$7.95B-61%+35%10%13.3×8.2%+19.0%
Pentair PNRUnited States$10.9B-11%-4%22%13.2×7.1%+6.7%
Graco GGGUnited States$10.9B-13%+5%27%20.0×8.1%+6.3%
Daifuku 6383.TJapan$10.9B-33%+21%15%18.9×14.7%+8.3%
BELIMO BEAN.SWSwitzerland$11.0B+1%+20%21%37.2×12.5%+11.1%
Leader Harmonious Drive Systems 688017.SSChina$7.84B+27%+46%15%283.8×n/an/a
Zhejiang Jingsheng Mechanical & Electrical 300316.SZChina$7.69B-13%-25%0%74.3×39.6%+24.6%
Zoomlion Heavy Industry Science & Technology 1157.HKHong Kong$7.63B-36%+23%7%8.1×12.6%-5.0%
Kokusai Electric 6525.TJapan$7.62B-21%+15%19%20.0×30.9%-1.5%

Questions

Who are Ebara's main competitors?
Named competitors: Flowserve (FLS), Applied Materials (AMAT), Sulzer (SUN.SW), Ebara's CMP peers via Sumitomo Heavy (private or unlisted). The cockpit's measured peer set (industry) also includes NIBE Industrier (NIBE-B.ST), Guangdong Dtech Technology (301377.SZ), Shenzhen Han's CNC Technology (301200.SZ), Huagong Tech (000988.SZ), Beijing E-Town Semiconductor Technology (688729.SS), IMI (IMI.L).
Is Ebara expensive compared with its peers?
On forward p/e it trades at 14.5× against a peer median of 23.7×, 4th cheapest of 21 in its peer set.
How has Ebara stock performed?
Over six months to 6 Nov 2026 the shares returned -39.6% against -13.7% for the median peer; over one year -17.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.