<p>欧姆龙（TSE:6645）股票在过去一个月中波动不定，吸引了投资者的关注，因为他们正在消化最近的业绩和公司的前景。随着工业自动化的持续变化，欧姆龙在本季度仍然在许多观察名单上。</p>
<p>查看我们对欧姆龙的最新分析。</p>
<p>欧姆龙的股票在今年面临动能不足，股票的 1 年总股东回报率下降了 24.7%。最近的波动反映了对工业自动化需求的情绪变化。今年的两位数下降也突显了对长期增长和公司估值的持续不确定性。</p>
<p>如果您在这些变动后重新考虑您的观察名单，现在是发现高内部持股的快速增长股票的明智时机。</p>
<p>尽管最近收入和净利润有所增长，欧姆龙的股票仍然远低于分析师的目标价格，问题在于欧姆龙现在是否代表一个被低估的机会，还是市场已经考虑了公司的未来前景。</p>
<h2>25.8 倍的市盈率：是否合理？</h2>
<p>欧姆龙目前的市盈率为 25.8 倍，相较于其行业同行和自身历史区间处于溢价状态。最后收盘价为¥3,760，投资者可能为未来收益超出市场平均水平的前景支付了更高的价格。</p>
<p>市盈率显示投资者愿意为每一日元的欧姆龙收益支付多少。在工业自动化等行业中，较高的市盈率可以反映对强劲增长的信心或对长期盈利能力的预期。</p>
<p>与日本电子行业平均的 14.8 倍相比，欧姆龙的市盈率显著更高。即使与同行平均的 25.5 倍和估计的合理市盈率 23.5 倍相比，这一溢价仍然存在。这种估值表明市场预计欧姆龙将实现雄心勃勃的利润增长预期，尽管在竞争环境中这一点并不确定。</p>
<p>探索欧姆龙的 SWS 合理比率</p>
<p><strong>结果：25.8 倍的市盈率（被高估）</strong></p>
<p>然而，持续疲弱的股东回报和对工业自动化需求的不确定性可能会削弱欧姆龙未来的溢价估值。</p>
<p>了解影响欧姆龙叙述的主要风险。</p>
<h2>另一种观点：SWS DCF 模型暗示更大的下行空间</h2>
<p>从不同的角度看待估值，我们的 SWS DCF 模型估计欧姆龙的合理价值为¥2,762，远低于当前的股价¥3,760。该模型表明该股票可能实际上被高估，并可能对快速复苏的前景施加进一步压力。这是否意味着风险加大，还是如果公司的增长超出市场预期，情况可能会有所改变？</p>
<p>了解 SWS DCF 模型如何得出其合理价值。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/5768feb1-44a2-4f3c-879f-2798df221f0d/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/5768feb1-44a2-4f3c-879f-2798df221f0d/chart/dcf"/></p>
<p>6645 截至 2025 年 11 月的折现现金流</p>
<p>Simply Wall St 每天对全球每只股票进行折现现金流（DCF）分析（例如查看欧姆龙）。我们展示了完整的计算过程。您可以在观察名单或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现 894 只基于现金流的被低估股票。如果您保存筛选器，我们甚至会在新公司匹配时提醒您——这样您就不会错过潜在机会。</p>
<h2>构建您自己的欧姆龙叙述</h2>
<p>如果您有不同的观点或想深入了解欧姆龙的前景，您可以轻松地在几分钟内构建自己的投资叙述。以您自己的方式进行。</p>
<p>您进行欧姆龙研究的一个很好的起点是我们的分析，强调了 3 个关键收益和 1 个可能影响您投资决策的重要警示信号。</p>
<h2>寻找更多投资想法？</h2>
<p>不要让机会从您身边溜走。今天就通过 Simply Wall Street 筛选器为您的观察名单注入独特的股票想法，您可能还未考虑过。</p>
<ul>
<li>通过查看这 27 只 AI 小盘股来捕捉未来增长，这些股票正在通过颠覆性创新和在现实世界行业中的快速采用推动 AI 革命。</li>
<li>浏览这 18 只收益率超过 3% 的股息股票，解锁稳定的收入来源，这些公司具有可靠的收益率，适合构建稳健的投资组合。</li>
<li>拥抱技术变革，看看这 26 只量子计算股票如何在先进计算领域掀起波澜，为明天的突破铺平道路。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 这并不构成买入或卖出任何股票的推荐，也未考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

欧姆龙(ADR)

<p>欧姆龙 (ADR)（东京证券交易所代码：6645）的股票波动较大，过去一年股东回报下降了 24.7%。该股票的市盈率为 25.8 倍，高于行业平均水平，暗示其被高估。Simply Wall St 的贴现现金流模型估计其公允价值为¥2,762，低于当前价格¥3,760，显示出潜在的下行风险。建议投资者在做出决策前仔细评估风险和收益。该分析基于历史数据和预测，并非财务建议</p>

<p>OMRON (TSE:6645) shares have seesawed over the past month, drawing attention as investors digest both recent results and the company’s outlook. With ongoing shifts in industrial automation, OMRON remains on many watchlists this quarter.</p>
<div class="lb-trans"><p>欧姆龙（TSE:6645）股票在过去一个月中波动不定，吸引了投资者的关注，因为他们正在消化最近的业绩和公司的前景。随着工业自动化的持续变化，欧姆龙在本季度仍然在许多观察名单上。</p>
</div><p>See our latest analysis for OMRON.</p>
<div class="lb-trans"><p>查看我们对欧姆龙的最新分析。</p>
</div><p>Shares of OMRON have struggled for momentum this year, with the stock’s 1-year total shareholder return down 24.7 percent. Recent volatility reflects shifting sentiment around industrial automation demand. This year’s double-digit declines also highlight ongoing uncertainty about longer-term growth and company valuation.</p>
<div class="lb-trans"><p>欧姆龙的股票在今年面临动能不足，股票的 1 年总股东回报率下降了 24.7%。最近的波动反映了对工业自动化需求的情绪变化。今年的两位数下降也突显了对长期增长和公司估值的持续不确定性。</p>
</div><p>If you’re rethinking your watchlist after these moves, now’s a smart time to discover fast growing stocks with high insider ownership.</p>
<div class="lb-trans"><p>如果您在这些变动后重新考虑您的观察名单，现在是发现高内部持股的快速增长股票的明智时机。</p>
</div><p>With shares still trading well below analyst price targets despite some recent growth in revenue and net income, the question is whether OMRON now represents an undervalued opportunity or if the market has already factored in the company’s future prospects.</p>
<div class="lb-trans"><p>尽管最近收入和净利润有所增长，欧姆龙的股票仍然远低于分析师的目标价格，问题在于欧姆龙现在是否代表一个被低估的机会，还是市场已经考虑了公司的未来前景。</p>
</div><h2>Price-to-Earnings of 25.8x: Is it justified?</h2>
<div class="lb-trans"><h2>25.8 倍的市盈率：是否合理？</h2>
</div><p>OMRON currently trades at a price-to-earnings (P/E) ratio of 25.8x, placing it at a premium compared to both its industry peers and its own historical range. With the last close at ¥3,760, investors may be paying a higher price for the prospect of future earnings that exceed market averages.</p>
<div class="lb-trans"><p>欧姆龙目前的市盈率为 25.8 倍，相较于其行业同行和自身历史区间处于溢价状态。最后收盘价为¥3,760，投资者可能为未来收益超出市场平均水平的前景支付了更高的价格。</p>
</div><p>The price-to-earnings ratio shows how much investors are willing to pay for each yen of OMRON’s earnings. In sectors like industrial automation, a higher P/E can reflect confidence in strong growth or anticipation of long-term profitability.</p>
<div class="lb-trans"><p>市盈率显示投资者愿意为每一日元的欧姆龙收益支付多少。在工业自动化等行业中，较高的市盈率可以反映对强劲增长的信心或对长期盈利能力的预期。</p>
</div><p>Compared to the Japanese electronic industry average of 14.8x, OMRON’s P/E is considerably higher. This premium remains even when compared to the peer group’s average of 25.5x and the estimated fair P/E ratio of 23.5x. Such a valuation suggests the market expects OMRON to achieve ambitious profit growth projections, though this is uncertain in a competitive environment.</p>
<div class="lb-trans"><p>与日本电子行业平均的 14.8 倍相比，欧姆龙的市盈率显著更高。即使与同行平均的 25.5 倍和估计的合理市盈率 23.5 倍相比，这一溢价仍然存在。这种估值表明市场预计欧姆龙将实现雄心勃勃的利润增长预期，尽管在竞争环境中这一点并不确定。</p>
</div><p>Explore the SWS fair ratio for OMRON</p>
<div class="lb-trans"><p>探索欧姆龙的 SWS 合理比率</p>
</div><p><strong>Result: Price-to-Earnings of 25.8x (OVERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：25.8 倍的市盈率（被高估）</strong></p>
</div><p>However, persistent weak shareholder returns and uncertainty in demand for industrial automation could undermine OMRON’s premium valuation in the future.</p>
<div class="lb-trans"><p>然而，持续疲弱的股东回报和对工业自动化需求的不确定性可能会削弱欧姆龙未来的溢价估值。</p>
</div><p>Find out about the key risks to this OMRON narrative.</p>
<div class="lb-trans"><p>了解影响欧姆龙叙述的主要风险。</p>
</div><h2>Another View: SWS DCF Model Suggests Even More Downside</h2>
<div class="lb-trans"><h2>另一种观点：SWS DCF 模型暗示更大的下行空间</h2>
</div><p>Looking at valuation from a different angle, our SWS DCF model estimates OMRON’s fair value at ¥2,762, which is well below the current share price of ¥3,760. This model suggests the stock may actually be overvalued and could put further pressure on the case for a quick recovery. Does this signal heightened risk, or could things change if company growth surprises the market?</p>
<div class="lb-trans"><p>从不同的角度看待估值，我们的 SWS DCF 模型估计欧姆龙的合理价值为¥2,762，远低于当前的股价¥3,760。该模型表明该股票可能实际上被高估，并可能对快速复苏的前景施加进一步压力。这是否意味着风险加大，还是如果公司的增长超出市场预期，情况可能会有所改变？</p>
</div><p>Look into how the SWS DCF model arrives at its fair value.</p>
<div class="lb-trans"><p>了解 SWS DCF 模型如何得出其合理价值。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/5768feb1-44a2-4f3c-879f-2798df221f0d/chart/dcf" alt="" original-src="https://images.simplywall.st/company/5768feb1-44a2-4f3c-879f-2798df221f0d/chart/dcf"/></p>
<p>6645 Discounted Cash Flow as at Nov 2025</p>
<div class="lb-trans"><p>6645 截至 2025 年 11 月的折现现金流</p>
</div><p>Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out OMRON for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 894 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.</p>
<div class="lb-trans"><p>Simply Wall St 每天对全球每只股票进行折现现金流（DCF）分析（例如查看欧姆龙）。我们展示了完整的计算过程。您可以在观察名单或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现 894 只基于现金流的被低估股票。如果您保存筛选器，我们甚至会在新公司匹配时提醒您——这样您就不会错过潜在机会。</p>
</div><h2>Build Your Own OMRON Narrative</h2>
<div class="lb-trans"><h2>构建您自己的欧姆龙叙述</h2>
</div><p>If you have a different perspective or want to dig deeper into OMRON’s outlook, you can easily build your own investment narrative in just a few minutes. Do it your way.</p>
<div class="lb-trans"><p>如果您有不同的观点或想深入了解欧姆龙的前景，您可以轻松地在几分钟内构建自己的投资叙述。以您自己的方式进行。</p>
</div><p>A great starting point for your OMRON research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.</p>
<div class="lb-trans"><p>您进行欧姆龙研究的一个很好的起点是我们的分析，强调了 3 个关键收益和 1 个可能影响您投资决策的重要警示信号。</p>
</div><h2>Looking for More Investment Ideas?</h2>
<div class="lb-trans"><h2>寻找更多投资想法？</h2>
</div><p>Don’t let opportunity pass you by. Supercharge your watchlist today with unique stock ideas you might not have considered yet, right from the Simply Wall Street Screener.</p>
<div class="lb-trans"><p>不要让机会从您身边溜走。今天就通过 Simply Wall Street 筛选器为您的观察名单注入独特的股票想法，您可能还未考虑过。</p>
</div><ul>
<li>Capture future growth by checking out these 27 AI penny stocks, which are powering the AI revolution with disruptive innovations and rapid adoption in real-world industries.</li>
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<li>Embrace technological change and see how these 26 quantum computing stocks are making waves in advanced computing for tomorrow’s breakthroughs.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过查看这 27 只 AI 小盘股来捕捉未来增长，这些股票正在通过颠覆性创新和在现实世界行业中的快速采用推动 AI 革命。</li>
<li>浏览这 18 只收益率超过 3% 的股息股票，解锁稳定的收入来源，这些公司具有可靠的收益率，适合构建稳健的投资组合。</li>
<li>拥抱技术变革，看看这 26 只量子计算股票如何在先进计算领域掀起波澜，为明天的突破铺平道路。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 这并不构成买入或卖出任何股票的推荐，也未考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

欧姆龙 (TSE:6645)：在投资者情绪持续波动的情况下评估其估值