ISUZU MOTORS LIMITED ISUZY

Consumer DiscretionaryAutomobiles & Auto PartsJapan

Last close 12.94 USD on Nov 1, 2026, −14.9% year to date

Quant rating

Quant rating D Rank 263 of 297 in Consumer Discretionary

Growth D 250 of 297
Valuation D 225 of 297
Quality C 201 of 297
Revisions D 256 of 297
Momentum C 134 of 297

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 9.0B
Enterprise value: 13.8B
52-week range: 12.17 – 18.94
3-year range: 11.20 – 18.94
Dividend yield: 4.47%
Beta (5 years): 0.60
Shares outstanding: 689M
Next earnings: Nov 6, 2026

About the company

Isuzu Motors Ltd is a Japan-based automobile manufacturer. The Company is mainly engaged in the manufacture and sale of automobiles, parts, and industrial engines, and provides logistics and other services related to these products. The Company is engaged in the manufacture and sale of commercial vehicles and light commercial vehicles (LCVs), such as large-sized trucks, buses, small-sized trucks and pick-up trucks, as well as automobile components and industrial engines.

Growth and profitability fiscal year ends March 31

Growth and profitability by fiscal year
	2000	1999	1998	1997	1996	5Y avg
Revenue (mil)	21,921	21,578	22,501	24,065	20,667	–
Revenue growth	1.6%	−4.1%	−6.5%	16.4%	19.9%	4.9%
EPS (basic, normalized)	−0.92	–	–	0.18	0.77	–
EPS growth	–	–	–	−76.7%	–	–
Gross margin	19.1%	20.5%	20.4%	18.6%	18.2%	19.4%
Net margin	3.9%	4.3%	5.0%	4.7%	5.0%	4.6%
ROE	9.5%	10.2%	12.6%	12.1%	11.4%	11.1%

Balance sheet, last quarter
Cash & short-term investments (mil)	2,583
Current ratio	1.72x
Long-term debt (mil)	4,040
Net debt (mil)	4,698
Total equity (mil)	9,275
Net debt / equity	0.51x
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2000 actual	21,921	+1.6%	0.6x	–	–	–	−0.92	–	−14.1x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2001	–	–	–	–	–	–	–	–
2002	–	–	–	–	–	–	–	–
2003	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Dec 1997	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	−0.92	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

Peer comparison Automobiles & Auto Parts

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
ISUZY ISUZU MOTORS LIMITED	9.0B	–	3.9%	0.94x	–	–	–	–
RNLSY Renault SA	9.1B	–	−18.9%	0.39x	1.0x	1.0x	9.5x	9.5x
APTV APTIV PLC	9.1B	1.42x	0.8%	1.05x	7.5x	6.8x	5.8x	5.4x
NGKSY Niterra Co., Ltd.	8.7B	−0.05x	15.4%	1.59x	3.3x	3.3x	7.1x	6.2x
XPEV Xpeng Inc	8.7B	−26.52x	−1.5%	2.13x	−18.1x	−79.4x	−46.1x	35.2x
HLLGY HELLA GmbH & Co KGaA	8.6B	−0.37x	1.1%	2.41x	15.0x	12.6x	7.9x	7.2x
Mean		−6.38x	0.1%	1.42x	1.7x	−11.1x	−3.2x	12.7x
Median		−0.21x	0.9%	1.32x	3.3x	3.3x	7.1x	7.2x

Technical analysis

1M−6.1%
3M−12.9%
1Y+3.4%
3Y+30.3%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, ISUZU MOTORS LIMITED, fiscal years, most recent first
	2000	1999	1998	1997	1996	1995
Total revenue	21,921	21,578	22,501	24,065	20,667	17,237
Cost of revenue	17,732	17,161	17,904	19,582	16,900	14,500
Gross profit	4,189	4,417	4,597	4,482	3,766	2,737
Selling, general & administrative expenses	2,937	2,869	2,631	2,416	2,051	1,762
Research & development	–	–	–	–	–	–
Depreciation/amortization	–	–	–	157	176	110
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	−0.9	25.5	65.6	15.9	46.2	164
Other operating expenses	−30.5	−8.3	39.0	0	0	0
Operating income	1,283	1,530	1,861	1,893	1,492	701
Net interest income (expense)	174	120	101	116	203	91.1
Gain (loss) on sale of assets	–	–	–	−8.6	−11.9	−7.2
Other non-operating income (expense)	−4.6	−16.3	2.3	31.2	−4.7	−0.3
Net income before taxes	1,453	1,634	1,965	2,032	1,679	784
Provision for taxes	353	427	544	552	391	310
Minority interest	−250	−272	−304	−338	−251	−88.8
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	850	934	1,117	1,143	1,037	386
Extraordinary items	–	–	–	–	–	–
Net income	850	934	1,117	1,143	1,037	386
EBIT, normalized	1,283	1,556	1,927	1,909	1,539	865
EBITDA, normalized	2,052	2,348	2,734	2,749	2,383	1,629
Basic EPS, normalized	−0.92	–	–	0.18	0.77	–

Balance sheet in millions of USD, fiscal years

Balance sheet, ISUZU MOTORS LIMITED, fiscal years, most recent first
	2000	1999	1998	1997	1996	1995
Assets
Cash & short-term investments	2,509	2,592	2,575	2,889	2,926	3,656
Receivables	4,840	4,458	4,248	2,984	3,042	2,588
Total inventory	4,663	4,547	4,379	4,620	3,926	2,604
Prepaid expenses	–	–	–	–	–	–
Other current assets	884	510	1,045	2,327	2,359	1,841
Total current assets	12,897	12,106	12,248	12,819	12,253	10,690
Property, plant & equipment	6,496	6,318	5,915	7,046	7,553	6,934
Goodwill	95.9	101	101	136	169	18.2
Intangibles	932	890	740	427	550	153
Long-term investments	2,131	2,193	2,178	1,648	2,054	1,732
Note receivable	–	–	–	8.0	8.5	9.4
Other long-term assets	529	421	374	861	890	744
Total assets	23,081	22,029	21,555	22,944	23,476	20,280
Liabilities
Accounts payable	3,591	3,502	3,484	4,245	4,083	3,504
Payable/accrued	0	0	0	–	–	–
Accrued expenses	689	665	692	1,077	1,024	708
Short-term debt	0	710	397	50.5	461	124
Current portion of long-term debt	1,389	1,204	1,044	895	754	408
Other current liabilities	1,811	1,495	1,972	1,029	1,062	892
Total current liabilities	7,480	7,575	7,589	7,296	7,383	5,637
Long-term debt	4,013	3,147	2,704	2,919	3,145	2,328
Minority interest	1,162	1,099	1,016	1,519	1,647	1,655
Other liabilities	1,103	1,052	1,113	1,356	1,487	1,430
Total liabilities	13,759	12,874	12,422	13,090	13,661	11,050
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	256	271	269	306	334	367
Additional paid-in capital	267	281	293	317	350	385
Retained earnings (accumulated deficit)	7,571	7,752	8,017	7,695	7,631	7,675
Treasury stock	−14.8	−15.8	−351	−24.4	−27.0	−489
Other equity	1,242	867	906	1,561	1,527	1,291
Total equity	9,322	9,155	9,133	9,854	9,815	9,230
Total liabilities & shareholders' equity	23,081	22,029	21,555	22,944	23,476	20,280

Cash flow statement in millions of USD, fiscal years

Cash flow statement, ISUZU MOTORS LIMITED, fiscal years, most recent first
	2000	1999	1998	1997	1996	1995
Operating activities
Net income	1,453	1,634	1,965	2,032	1,679	784
Depreciation, depletion & amortization	961	1,008	987	839	844	764
Deferred taxes	–	–	–	–	–	–
Non-cash items	−86.8	−103	98.3	−83.5	−79.6	59.5
Changes in working capital	−768	−845	−1,010	−1,090	−1,029	406
Cash from operations	1,559	1,694	2,040	1,698	1,414	2,014
Investing activities
Capital expenditures	−1,362	−1,424	−1,164	−808	−825	−884
Other investing cash flows	291	74.6	238	202	−2,635	40.5
Cash from investing	−1,071	−1,349	−926	−606	−3,459	−844
Financing activities
Financing cash flow items	−248	−291	−410	−402	−180	−99.5
Cash dividends paid	−409	−472	−440	−427	−307	−193
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	132	159	−236	−228	2,016	−206
Cash from financing	−524	−604	−1,087	−1,057	1,530	−499
Foreign exchange effects	205	55.8	177	136	146	76.5
Net change in cash	168	−204	205	171	−370	747
Free cash flow	197	270	877	890	590	1,129

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

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Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.