Watts Co (2735.T) Stock Price

Watts Co Price

JPX·CLOSED
722.00
+11.00 (+1.54 %)
Market closed

Over the last 19 years Watts Co grew revenue by 6.4% annually, reaching 61.58 B JPY. Earnings per share have grown at 5.7% per year over the last 19 years. For Watts Co, the net margin of 1.4% is broadly stable versus 1.9% a few years ago. At today's price the dividend yield works out to roughly 1.45%. The payout ratio is around 16% of earnings. The dividend has grown at 1.6% per year over the past 19 years. The consensus 12-month price target for Watts Co is 1,020.00 JPY, about 41.3% above where the stock trades today. Of 5 analysts, 4 rate the stock a buy — an overall Buy consensus. The stock trades about 22% above its 52-week low.

Watts Co stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Watts Co over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Watts Co stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Watts Co's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Watts Co Stock Price History
DateWatts Co Price
9/25/2026722.00 JPY
9/24/2026711.00 JPY
9/18/2026720.00 JPY
9/17/2026714.00 JPY
9/16/2026709.00 JPY
9/15/2026715.00 JPY
9/14/2026730.00 JPY
9/11/2026722.00 JPY
9/10/2026736.00 JPY
9/9/2026740.00 JPY
9/8/2026748.00 JPY
9/7/2026720.00 JPY
9/4/2026716.00 JPY
9/3/2026687.00 JPY
9/2/2026690.00 JPY
9/1/2026694.00 JPY
8/31/2026698.00 JPY
8/28/2026693.00 JPY
8/27/2026713.00 JPY
8/26/2026715.00 JPY
8/25/2026719.00 JPY
8/24/2026713.00 JPY
8/21/2026717.00 JPY
8/20/2026714.00 JPY
8/19/2026695.00 JPY
8/18/2026685.00 JPY
8/17/2026686.00 JPY
8/14/2026685.00 JPY
8/13/2026679.00 JPY
8/12/2026679.00 JPY
Access this data via the Eulerpool API

Watts Co Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
50.70 B JPY
1.67 B JPY
965.83 M JPY
Jan 1, 2022
58.35 B JPY
998.51 M JPY
781.19 M JPY
Jan 1, 2023
59.31 B JPY
621.79 M JPY
250.58 M JPY
Jan 1, 2024
61.26 B JPY
1.25 B JPY
904.15 M JPY
Jan 1, 2025
61.58 B JPY
1.42 B JPY
870.68 M JPY
Jan 1, 2026 (e)
64.10 B JPY
1.57 B JPY
1.10 B JPY
Jan 1, 2027 (e)
65.20 B JPY
1.57 B JPY
1.10 B JPY
Jan 1, 2027 (e)
64.64 B JPY
0.00 JPY
976.59 M JPY

Watts Co Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 25, 2026, 10:53 AM
 
REVENUEB JPY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB JPY
EBITB JPY
EBIT MARGIN%
NET INCOMEB JPY
NET INCOME GROWTH%
DIV.JPY
DIV. GROWTH%
SHARESM
201220132014201520162017201820192020202120222023202420252026e2027e
40.7641.7343.5744.4646.1847.4949.4851.4052.8050.7058.3559.3161.2661.5864.1064.64
6.732.374.432.043.852.854.183.882.72-3.9615.081.653.280.524.10-0.86
38.2538.3038.0637.6237.5337.8938.0037.6238.2938.7138.1937.8638.5138.8238.8238.82
15.5915.9816.5816.7317.3317.9918.8019.3420.2219.6322.2822.4523.5923.9124.8925.10
2.062.081.791.261.231.211.000.721.771.671.000.621.251.421.571.57
5.064.994.102.842.662.552.021.393.353.291.711.052.032.302.442.40
1.181.120.950.700.720.840.630.070.770.970.780.250.900.871.100.98
15.62-4.59-15.58-26.162.5716.85-24.55-88.941,005.7124.68-19.07-67.99261.60-3.7625.98-10.95
25.0030.00–4.00–30.0030.0030.0020.0030.0044.0030.0030.0010.5015.0021.60
25.0020.00––––––-33.3350.0046.67-31.82–-65.0042.8620.00
12.6513.5513.5513.5513.5513.5513.4813.4013.4013.4013.5813.3413.1613.2313.2313.23
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Watts Co generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Watts Co retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Watts Co's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Watts Co has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Watts Co's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Watts Co stock margins

The Watts Co margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Watts Co. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Watts Co.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
38.71 %
3.29 %
1.90 %
Jan 1, 2022
38.19 %
1.71 %
1.34 %
Jan 1, 2023
37.86 %
1.05 %
0.42 %
Jan 1, 2024
38.51 %
2.04 %
1.48 %
Jan 1, 2025
38.82 %
2.31 %
1.41 %
Jan 1, 2026 (e)
38.82 %
2.44 %
1.71 %
Jan 1, 2027 (e)
38.82 %
2.40 %
1.68 %
Jan 1, 2027 (e)
38.82 %
0.00 %
1.51 %

Watts Co Stock Revenue, EBIT, Earnings per Share

The Watts Co earnings per share therefore indicates how much revenue Watts Co has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
3,784.37 JPY
124.61 JPY
72.09 JPY
Jan 1, 2022
4,298.06 JPY
73.55 JPY
57.54 JPY
Jan 1, 2023
4,446.83 JPY
46.62 JPY
18.79 JPY
Jan 1, 2024
4,654.49 JPY
94.73 JPY
68.70 JPY
Jan 1, 2025
4,653.50 JPY
107.27 JPY
65.80 JPY
Jan 1, 2026 (e)
4,859.26 JPY
118.40 JPY
83.10 JPY
Jan 1, 2027 (e)
4,942.65 JPY
118.40 JPY
83.10 JPY
Jan 1, 2027 (e)
4,900.20 JPY
0.00 JPY
74.03 JPY

Watts Co business model & stock analysis

Watts Co Eulerpool Fair Value

Details

Fair Value Estimate

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What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Watts Co historical P/E ratio, EBIT multiple, and P/S ratio

Watts Co annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down Watts Co's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Watts Co's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Watts Co's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Watts Co shares outstanding

The number of shares of Watts Co was 13.23 M in 2025. This indicates how many shares Watts Co is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
13.40 M Stocks
Jan 1, 2022
13.58 M Stocks
Jan 1, 2023
13.34 M Stocks
Jan 1, 2024
13.16 M Stocks
Jan 1, 2025
13.23 M Stocks
Jan 1, 2026 (e)
13.23 M Stocks
Jan 1, 2027 (e)
13.23 M Stocks
Jan 1, 2027 (e)
13.23 M Stocks

Watts Co stock splits

Since 2002, a total of 2400 shares have been converted from one Watts Co share.

DateRatioType
2/26/20131 : 2Stock Split
12/28/20091 : 200Stock Split
8/28/20061 : 2Stock Split
2/24/20041 : 1.5Stock Split
12/25/20021 : 2Stock Split

Watts Co Dividend History

27 years of dividend payments

YearAnnual DividendYoY ChangePayments
20267.50JPYYTD—1×
Feb 26, 20267.50JPY 0.0%1/1
202510.50JPY↑ 110.0%2×
Feb 27, 20253.00JPY↓ 40.0%1/2
Aug 28, 20257.50JPY↑ 150.0%2/2
20245.00JPY↓ 66.7%1×
202315.00JPY 0.0%1×
202215.00JPY↓ 31.8%1×
202122.00JPY↑ 46.7%1×
202015.00JPY↑ 50.0%1×
201910.00JPY↓ 33.3%1×
201815.00JPY 0.0%1×
201715.00JPY 0.0%1×

Watts Co dividend history and estimates

In 2025, Watts Co paid a dividend amounting to 10.50 JPY. Dividend means that Watts Co distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021 (e)
22.00 JPY
8.00 JPY
0.00 JPY
Jan 1, 2022 (e)
15.00 JPY
29.00 JPY
0.00 JPY
Jan 1, 2023 (e)
15.00 JPY
15.00 JPY
0.00 JPY
Jan 1, 2024 (e)
5.00 JPY
25.00 JPY
0.00 JPY
Jan 1, 2025
10.50 JPY
0.00 JPY
8.00 JPY
Jan 1, 2026 (e)
7.50 JPY
7.50 JPY
0.00 JPY
Jan 1, 2027 (e)
0.00 JPY
18.00 JPY
0.00 JPY
Jan 1, 2027 (e)
0.00 JPY
21.60 JPY
0.00 JPY

Watts Co dividend payout ratio

In 2025, Watts Co had a payout ratio of 15.96%. The payout ratio indicates the percentage of the company's profits that Watts Co distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
30.52 %
Jan 1, 2022
26.07 %
Jan 1, 2023
79.84 %
Jan 1, 2024
7.28 %
Jan 1, 2025
15.96 %
Jan 1, 2026 (e)
18.05 %
Jan 1, 2027 (e)
21.66 %
Jan 1, 2027 (e)
29.18 %

Current Watts Co forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
80.00 % (4)
Hold
20.00 % (1)
Sell
0.00 % (0)
12M Price Target
1,020.00
Last Price
722.00
Currency
JPY
12M Return Potential
41.27 %
LTM Return
9.39 %

Watts Co Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
10/10/2024-JPY10.91JPY14.81 BJPY-2024 Q3
10/10/2023-JPY-4.11JPY14.88 BJPY-2023 Q3

Watts Co shareholder structure

% Name
0.21454%
Sumitomo Mitsui DS Asset Management (UK) Limited
Sumitomo Mitsui DS Asset Management (UK) Limited
0.08642%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.
0.03942%
Niche Asset Management Limited
Niche Asset Management Limited
0.01440%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
0.00531%
Simplex Asset Management Co., Ltd.
Simplex Asset Management Co., Ltd.

Watts Co Beneficial Ownership Filings (SEC 13D/G)

Free Float
58.3%
Float Shares
7.74 M
Shares Outstanding
13.27 M

Watts Co Executives and Management Board

10 members · avg. age 60 · 10 % women

Management

FH

Mr. Fumio Hiraoka (62)

President, Representative Director · since 2000

–
MK

Mr. Masaya Kakumoto (49)

Director of Product, President of Subsidiary, Director · since 2017

–
HY

Mr. Hiroyuki Yamano (55)

Chief Director of Business, President of Subsidiaries, Director · since 2015

–
HM

Mr. Hideto Mori (62)

Managing Director, Manager of Corporate Planning Office · since 2013

–
HF

Mr. Hiroshi Fukumitsu (63)

Managing Director, Chief Director of Administration, Director of Administration · since 1997

–

Board of Directors

MH

Mr. Masahiro Hirata (58)

Director of Overseas Business, Director · since 2015

–
AK

Mr. Atsuo Kinugasa (63)

Director · since 2007

–
TN

Mr. Toru Nishioka (69)

Independent Director

–
YR

Ms. Yoshiko Rindo (51)

Independent Director

–
YS

Mr. Yoshihiro Sakatani (65)

Independent Director

–

Watts Co Supply Chain

Watts Co Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
3 companies
#NameTrend
1
Chiyoda
Supplier·Customer·Specialty Retail·JP
-0.04
0.21
0.65
-0.07
0.89
0.77
2
Daikokutenbussan
Supplier·Customer·Food & Staples Retailing·JP
-0.59
-0.44
0.59
0.68
0.84
0.49
#NameTrend
1
Central Retail
Supplier·Customer·Oil, Gas & Consumable Fuels·TH
0.41
0.28
0.50
0.27
-0.77
—

Frequently asked questions about Watts Co

Analysts currently set an average price target of 1,020.00 JPY for the Watts Co stock (median: 1,020.00 JPY), implying +43.5 % versus the latest price. The consensus is based on 5 analyst ratings.

5 analysts currently rate the Watts Co stock: 4 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Watts Co to generate revenue of 64.10 B JPY and earnings per share of 82.84 JPY.

Converted at the current exchange rate, the Watts Co share trades at 4.00 EUR (722.00 JPY).

The Watts Co share (2735.T) is listed on 1 stock exchanges, including: Tokio (JPX) (2735.T).

No history available for Watts Co.

The expected revenue of Watts Co is 64.10 B JPY. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Watts Co is 1.10 B JPY. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Watts Co is currently 8.72. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Watts Co stock.

The price-to-sales ratio (P/S) of Watts Co is currently 0.15. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Watts Co stock.

The Eulerpool Quality Score for Watts Co is 3/10.

The ISIN of Watts Co is JP3993950009. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Watts Co is 2735.T. The ticker symbol is used to trade Watts Co shares on the stock exchange.

Over the past 12 months, Watts Co paid a dividend of 10.50 JPY . This corresponds to a dividend yield of about 1.45 %. For the coming 12 months, Watts Co is expected to pay a dividend of 18.00 JPY.

The current dividend yield of Watts Co is 1.45 %.

Watts Co pays a dividend, distributed in the months of August, February.

Watts Co paid dividends every year for the past 26 years.

For the upcoming 12 months, dividends amounting to 18.00 JPY are expected. This corresponds to a dividend yield of 2.53 %.

Watts Co is assigned to the 'Cyclical consumption' sector.

To receive the latest dividend of Watts Co from 5/1/2026 amounting to 7.5 JPY, you needed to have the stock in your portfolio before the ex-date on 2/26/2026.

The last dividend was paid out on 5/1/2026.

In the year 2025, Watts Co distributed 10.5 JPY as dividends.

The dividends of Watts Co are distributed in JPY.

Fair ValueTerminal
618.57 JPY
Over-/UndervaluationTerminal
Fairly valued
Industry
Broadline Retail
Number of shares
Employees
Revenue per Employee
131.30 M JPY
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website watts-jp.com
Country
Currency
JPY
Initial public offering
May 24, 2002
ISIN
JP3993950009
Cusip
J9503P107
Market capitalization
9.38 B JPYMid Cap
52-Week Range
594.00–748.00JPY
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
-2.86
P/E ratio
P/Ee 2026
8.56
P/Ee 2027
8.56
P/Ee 2027
9.60
P/S
P/Se
0.15
EV/EBIT
0.24
P/B Ratio
0.72
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
5.32 %
Gross Margin
38.82 %
EBIT Margin
2.31 %
Net Margin
1.41 %
EPS (Earnings Per Share)
65.80 JPY
Net Debt / EBIT
-6.37
Debt/Equity
0.26
Dividend
Dividend yield
1.48 %
Est. Dividend Yield
2.11 %
Payout Ratio
15.96 %
Dividend growth Ø5Y
—
Dividend payments per year
2
Dividend paid since
26 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
15.32 %
Last updated Sep 25, 2026, 10:53 AM

Watts Co Peer Group

Watts Co Ticker

JPX · 2735.T

Watts Co FIGI

2735:JP · BBG000MTHNN72735:JT · BBG000MTHNT12735:JJ · BBG000MTJXR92735:JE · BBG000MTK0352735:JI · BBG000MTK0M4WTTZF:US · BBG000MY6799WTTZF:PQ · BBG002JK6XV7WTTZF:UV · BBG002JK6XX52735:JU · BBG002QKCWY12735:JW · BBG00875HPH12735:JV · BBG0193R9XH6

All fundamentals and in-depth analysis of Watts Co

Our stock analysis for Watts Co stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Watts Co. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.