(HMC) Honda Motor - Ratings and Ratios

Exchange: NYSE • Country: Japan • Currency: USD • Type: Common Stock • ISIN: US4381283088

Motorcycles, Automobiles, Power Products

HMC EPS (Earnings per Share)

EPS (Earnings per Share) of HMC over the last years for every Quarter: "2020-09": 1.32, "2020-12": 1.57, "2021-03": 1.13, "2021-06": 1.17, "2021-09": 0.853, "2021-12": 0.9701, "2022-03": 0.5514, "2022-06": 0.6579, "2022-09": 0.7829, "2022-12": 1.1, "2023-03": 0.4921, "2023-06": 1.52, "2023-09": 1.02, "2023-12": 1.05, "2024-03": 0.9909, "2024-06": 1.5751, "2024-09": 0.4294, "2024-12": 1.308, "2025-03": 0.1895, "2025-06": 0.9518, "2025-09": 0,

HMC Revenue

Revenue of HMC over the last years for every Quarter: 2020-09: 3651369, 2020-12: 3771569, 2021-03: 3623806, 2021-06: 3583870, 2021-09: 3404358, 2021-12: 3688785, 2022-03: 3875683, 2022-06: 3829550, 2022-09: 4255754, 2022-12: 4438186, 2023-03: 4384235, 2023-06: 4624996, 2023-09: 4984396, 2023-12: 5390100, 2024-03: 5429310, 2024-06: 5404858, 2024-09: 5392755, 2024-12: 5531112, 2025-03: 5360042, 2025-06: 5340268, 2025-09: null,

Description: HMC Honda Motor September 29, 2025

Honda Motor Co., Ltd. (NYSE:HMC) is a diversified mobility and power equipment company that operates through four primary segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product & Other Businesses.

The Motorcycle Business produces a full range of two-wheel vehicles-from high-performance sport bikes to commuter models-and off-road products such as ATVs and side-by-sides, accounting for roughly 30% of total group revenue in FY 2023.

The Automobile Business sells passenger cars, light trucks, and mini-vehicles worldwide, with a growing emphasis on hybrid and battery-electric models; FY 2023 saw a 5% YoY increase in EV deliveries, driven by stricter emissions standards in China and Europe.

The Financial Services segment provides retail lending, leasing, and dealer financing, contributing about 10% of earnings before interest and taxes (EBIT) and acting as a stabilizing cash-flow source during automotive sales cycles.

The Power Product & Other Businesses manufactures engines, generators, lawn-care equipment, and the HondaJet light business jet; this segment generated roughly ¥500 billion in FY 2023, reflecting modest growth from the aviation niche.

Key economic drivers for Honda include the global chip shortage, which has constrained production capacity, and currency fluctuations-particularly a strong yen that can erode overseas profit margins. The company’s FY 2023 R&D spend of ¥1.2 trillion (≈ 5% of revenue) underscores its commitment to electrification and autonomous-driving technologies, aligning with the broader automotive sector’s shift toward EVs and software-defined vehicles.

Assuming current supply-chain constraints ease and regulatory incentives for EVs remain strong, Honda’s incremental EV margin expansion could lift its operating margin from the FY 2023 level of 6.8% to above 8% within two years; however, this projection is highly sensitive to battery-cost trajectories and competitive pricing pressure.

For a deeper quantitative breakdown of Honda’s valuation metrics, you may find the analysis on ValueRay worth reviewing.

HMC Stock Overview

Market Cap in USD 39,989m
Sub-Industry Automobile Manufacturers
IPO / Inception 1957-12-01

HMC Stock Ratings

Growth Rating 64.1%
Fundamental 59.5%
Dividend Rating 76.4%
Return 12m vs S&P 500 -12.9%
Analyst Rating 4.67 of 5

HMC Dividends

Dividend Yield 12m 4.56%
Yield on Cost 5y 6.94%
Annual Growth 5y 22.53%
Payout Consistency 89.9%
Payout Ratio 48.4%

HMC Growth Ratios

Growth Correlation 3m -56.8%
Growth Correlation 12m 86.1%
Growth Correlation 5y 62.9%
CAGR 5y 13.75%
CAGR/Max DD 3y (Calmar Ratio) 0.39
CAGR/Mean DD 3y (Pain Ratio) 1.30
Sharpe Ratio 12m -0.36
Alpha -5.58
Beta 0.289
Volatility 25.93%
Current Volume 993.4k
Average Volume 20d 858.3k
Stop Loss 29.5 (-3.3%)
Signal -0.17

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (637.85b TTM) > 0 and > 6% of Revenue (6% = 1297.45b TTM)
FCFTA -0.01 (>2.0%) and ΔFCFTA -0.28pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 11.45% (prev 15.64%; Δ -4.19pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.02 (>3.0%) and CFO 459.07b <= Net Income 637.85b (YES >=105%, WARN >=100%)
Net Debt (-4013.76b) to EBITDA (1840.64b) ratio: -2.18 <= 3.0 (WARN <= 3.5)
Current Ratio 1.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (1.40b) change vs 12m ago -12.89% (target <= -2.0% for YES)
Gross Margin 20.99% (prev 21.74%; Δ -0.76pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 70.68% (prev 67.73%; Δ 2.95pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 19.56 (EBITDA TTM 1840.64b / Interest Expense TTM 56.59b) >= 6 (WARN >= 3)

Altman Z'' 2.67

(A) 0.08 = (Total Current Assets 10825.55b - Total Current Liabilities 8349.85b) / Total Assets 29874.55b
(B) 0.37 = Retained Earnings (Balance) 11151.75b / Total Assets 29874.55b
(C) 0.04 = EBIT TTM 1107.09b / Avg Total Assets 30593.26b
(D) 0.63 = Book Value of Equity 11237.82b / Total Liabilities 17811.75b
Total Rating: 2.67 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 59.46

1. Piotroski 5.50pt = 0.50
2. FCF Yield -4.80% = -2.40
3. FCF Margin -1.42% = -0.53
4. Debt/Equity 0.37 = 2.43
5. Debt/Ebitda -2.18 = 2.50
6. ROIC - WACC (= 1.81)% = 2.26
7. RoE 5.15% = 0.43
8. Rev. Trend 87.49% = 6.56
9. EPS Trend -45.80% = -2.29

What is the price of HMC shares?

As of November 03, 2025, the stock is trading at USD 30.50 with a total of 993,400 shares traded.
Over the past week, the price has changed by -3.94%, over one month by -0.16%, over three months by -1.80% and over the past year by +5.48%.

Is Honda Motor a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Honda Motor is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 59.46 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HMC is around 32.27 USD . This means that HMC is currently overvalued and has a potential downside of 5.8%.

Is HMC a buy, sell or hold?

Honda Motor has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy HMC.
  • Strong Buy: 2
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the HMC price?

Issuer Target Up/Down from current
Wallstreet Target Price 37.2 21.9%
Analysts Target Price 37.2 21.9%
ValueRay Target Price 34.6 13.4%

HMC Fundamental Data Overview October 20, 2025

Market Cap JPY = 6152.94b (39.99b USD * 153.865 USD.JPY)
P/E Trailing = 10.7762
P/E Forward = 10.582
P/S = 0.0018
P/B = 0.4973
P/EG = 3.6208
Beta = 0.289
Revenue TTM = 21624.18b JPY
EBIT TTM = 1107.09b JPY
EBITDA TTM = 1840.64b JPY
Long Term Debt = 6953.52b JPY (from longTermDebt, last fiscal year)
Short Term Debt = 4422.24b JPY (from shortTermDebt, last fiscal year)
Debt = 4422.24b JPY (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -4013.76b JPY (from netDebt column, last quarter)
Enterprise Value = 6402.87b JPY (6152.94b + Debt 4422.24b - CCE 4172.30b)
Interest Coverage Ratio = 19.56 (Ebit TTM 1107.09b / Interest Expense TTM 56.59b)
FCF Yield = -4.80% (FCF TTM -307.39b / Enterprise Value 6402.87b)
FCF Margin = -1.42% (FCF TTM -307.39b / Revenue TTM 21624.18b)
Net Margin = 2.95% (Net Income TTM 637.85b / Revenue TTM 21624.18b)
Gross Margin = 20.99% ((Revenue TTM 21624.18b - Cost of Revenue TTM 17085.76b) / Revenue TTM)
Gross Margin QoQ = 20.05% (prev 21.23%)
Tobins Q-Ratio = 0.21 (Enterprise Value 6402.87b / Total Assets 29874.55b)
Interest Expense / Debt = 0.31% (Interest Expense 13.90b / Debt 4422.24b)
Taxrate = 26.49% (77.44b / 292.33b)
NOPAT = 813.82b (EBIT 1107.09b * (1 - 26.49%))
Current Ratio = 1.30 (Total Current Assets 10825.55b / Total Current Liabilities 8349.85b)
Debt / Equity = 0.37 (Debt 4422.24b / totalStockholderEquity, last quarter 11796.84b)
Debt / EBITDA = -2.18 (Net Debt -4013.76b / EBITDA 1840.64b)
Debt / FCF = 13.06 (negative FCF - burning cash) (Net Debt -4013.76b / FCF TTM -307.39b)
Total Stockholder Equity = 12395.64b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.14% (Net Income 637.85b / Total Assets 29874.55b)
RoE = 5.15% (Net Income TTM 637.85b / Total Stockholder Equity 12395.64b)
RoCE = 5.72% (EBIT 1107.09b / Capital Employed (Equity 12395.64b + L.T.Debt 6953.52b))
RoIC = 6.03% (NOPAT 813.82b / Invested Capital 13501.20b)
WACC = 4.22% (E(6152.94b)/V(10575.18b) * Re(7.08%) + D(4422.24b)/V(10575.18b) * Rd(0.31%) * (1-Tc(0.26)))
Discount Rate = 7.08% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -7.08%
Fair Price DCF = unknown (Cash Flow -307.39b)
EPS Correlation: -45.80 | EPS CAGR: -59.42% | SUE: -1.68 | # QB: 0
Revenue Correlation: 87.49 | Revenue CAGR: 8.60% | SUE: 0.01 | # QB: 0

Additional Sources for HMC Stock

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