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 48,609 - -
Change - 8.34% 25.14% -2.79% 3.28% -8.47% - -
Enterprise Value (EV) 29,924 31,893 41,712 38,297 39,197 48,609 48,609 48,609
Change - 6.58% 30.79% -8.19% 2.35% 24.01% 0% 0%
P/E 12.6x 12.4x 14.4x 14x 13.4x 12.5x 12x 11.6x
PBR 2.67x 2.69x 3.14x 2.75x 2.61x - - -
PEG - 1x 1.56x -199.42x 1.4x -6.46x 3.1x 3.15x
Capitalization / Revenue 0.99x 0.97x 1.14x 1.03x 1.01x 0.88x 0.85x 0.81x
EV / Revenue 0x 0x 0x 0x 0x 0.88x 0.85x 0.81x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 8.68x 8.38x 8.1x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 25.33 28.33 34.33 31 36 36 36.67 37.33
Rate of return 4% 4.05% 3.87% 3.59% 3.99% 4.36% 4.44% 4.52%
EPS 2 50.33 56.49 61.72 61.68 67.57 66.27 68.83 71.37
Distribution rate 50.3% 50.2% 55.6% 50.3% 53.3% 54.3% 53.3% 52.3%
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 5,600 5,800 6,000
Net income 1 3,095 3,416 3,696 3,677 3,981 3,900 4,050 4,200
Net Debt -9,092 -10,377 -11,185 -13,123 -13,908 - - -
Reference price 2 633.67 699.33 887.33 862.33 902.33 826.00 826.00 826.00
Nbr of stocks (in thousands) 61,572 60,443 59,614 59,629 58,853 58,849 - -
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.($)
12.46x - - 4.36% 297M
19.94x6.34x13.35x4.27% 40.39B
20.79x0.73x8.63x1.85% 2.84B
17.96x1.4x9.79x5.55% 1.54B
30.68x2.61x17.52x1.27% 1.2B
19.43x4.85x11.48x3.85% 1.17B
13.81x0.91x7.95x4.24% 1.04B
25.93x - - 0.81% 976M
15.5x0.49x7.01x6.19% 627M
Average 19.61x 2.48x 10.82x 3.6% 5.56B
Weighted average by Cap. 20.06x 5.54x 12.82x 4.05%

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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