Company Valuation: Activia Properties Inc.

Data adjusted to current consolidation scope
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 355,430 346,965 328,227 254,266 340,764 325,318 - -
Change - -2.38% -5.4% -22.53% 34.02% -4.53% - -
Enterprise Value (EV) 355,430 346,965 328,227 497,734 340,764 325,318 325,318 325,318
Change - -2.38% -5.4% 51.64% -31.54% -4.53% 0% 0%
P/E 22.6x 22.3x 18.8x 18x 23.8x 19.7x 19.4x 21.9x
PBR 1.28x - 1.19x 0.95x 1.27x 1.21x 1.2x 1.2x
PEG - -88.99x 1.5x -1x 16.23x 1.3x 11.43x -1.9x
Capitalization / Revenue 11.7x 10.9x 9.42x 8.04x 10.5x 10.2x 9.91x 10.4x
EV / Revenue 0x 0x 0x 0x 0x 10.2x 9.91x 10.4x
EV / EBITDA 0x 0x 0x 0x 0x 14.6x 14.3x 15.6x
EV / EBIT 0x 0x 0x 0x 0x 17x 16.4x 17.8x
EV / FCF - - - - - 20.1x 18.7x 20.2x
FCF Yield - - - - - 4.99% 5.34% 4.96%
Dividend per Share 2 6,254 6,270 6,495 6,222 11,844 6,327 6,545 6,150
Rate of return 4.34% 4.41% 4.79% 5.81% 8.26% 4.62% 4.78% 4.49%
EPS 2 6,385 6,369 7,194 5,933 6,020 6,952 7,070 6,259
Distribution rate 97.9% 98.5% 90.3% 105% 197% 91% 92.6% 98.3%
Net sales 1 30,362 31,691 34,827 31,619 32,420 31,920 32,814 31,374
EBITDA 1 19,587 20,281 22,356 19,303 19,822 22,257 22,785 20,815
EBIT 1 16,860 17,546 19,415 16,215 16,586 19,158 19,806 18,232
Net income 1 15,003 15,686 17,465 14,162 14,309 16,519 16,799 14,873
Net Debt - - - 243,468 - - - -
Reference price 2 144,000.00 142,333.33 135,500.00 107,000.00 143,400.00 136,900.00 136,900.00 136,900.00
Nbr of stocks (in thousands) 2,468 2,438 2,422 2,376 2,376 2,376 - -
Announcement Date 1/14/22 1/17/23 1/17/24 1/17/25 1/16/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.69x - - 4.62% 2.01B
40.45x15.69x16.27x5.17% 59.04B
9.2x12.59x15.43x5.36% 16.9B
13.53x22.51x26.48x3.81% 15.64B
20.16x17.01x24.95x4.91% 15.04B
10.16x13.36x16.08x5.43% 11.83B
7.95x22.47x30.42x2.8% 10.65B
31.39x11.29x17.82x3.76% 10.45B
16.13x12.37x19.33x6.06% 9.75B
22.96x7.11x11.65x6.02% 8.34B
Average 19.16x 14.93x 19.82x 4.79% 15.97B
Weighted average by Cap. 24.93x 15.49x 19.01x 4.89%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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