Company Valuation: Altech Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 39,016 42,270 52,897 51,420 53,105 50,639 - -
Change - 8.34% 25.14% -2.79% 3.28% -4.64% - -
Enterprise Value (EV) 29,924 31,893 41,712 38,297 39,197 50,639 50,639 50,639
Change - 6.58% 30.79% -8.19% 2.35% 29.19% 0% 0%
P/E 12.6x 12.4x 14.4x 14x 13.4x 13.2x 12.7x 12.2x
PBR 2.67x 2.69x 3.14x 2.75x 2.61x - - -
PEG - 1x 1.56x -199.42x 1.4x -2.9x 3.15x 3.27x
Capitalization / Revenue 0.99x 0.97x 1.14x 1.03x 1.01x 0.92x 0.88x 0.84x
EV / Revenue 0x 0x 0x 0x 0x 0.92x 0.88x 0.84x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.21x 8.88x 8.58x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 25.33 28.33 34.33 31 36 36 36.66 37.33
Rate of return 4% 4.05% 3.87% 3.59% 3.99% 4.24% 4.32% 4.4%
EPS 2 50.33 56.49 61.72 61.68 67.57 64.5 67.1 69.6
Distribution rate 50.3% 50.2% 55.6% 50.3% 53.3% 55.8% 54.6% 53.6%
Net sales 1 39,261 43,647 46,216 49,859 52,650 55,000 57,500 60,000
EBITDA - - - - - - - -
EBIT 1 3,875 4,649 4,982 5,160 5,397 5,500 5,700 5,900
Net income 1 3,095 3,416 3,696 3,677 3,981 3,800 3,950 4,100
Net Debt -9,092 -10,377 -11,185 -13,123 -13,908 - - -
Reference price 2 633.67 699.33 887.33 862.33 902.33 849.00 849.00 849.00
Nbr of stocks (in thousands) 61,572 60,443 59,614 59,629 58,853 58,882 - -
Announcement Date 2/9/22 2/9/23 2/13/24 2/13/25 2/12/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.16x - - 4.24% 315M
21.59x6.83x14.38x3.95% 43.72B
21.65x0.72x8.19x1.66% 3.15B
18.14x1.46x9.67x5.5% 1.62B
19.83x4.97x11.78x3.77% 1.22B
28.8x2.47x16.42x1.33% 1.18B
14.01x0.93x8.11x4.17% 1.09B
17.75x0.65x8.53x5.13% 821M
27.24x - - 0.96% 805M
Average 20.24x 2.58x 11.01x 3.41% 5.99B
Weighted average by Cap. 21.43x 5.94x 13.63x 3.78%

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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