Company Valuation: ASICS Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 466,756 533,755 809,538 2,225,941 2,660,881 3,278,009 - -
Change - 14.35% 51.67% 174.96% 19.54% 23.19% - -
Enterprise Value (EV) 1 480,931 606,170 827,650 2,156,196 2,647,143 3,154,885 3,084,911 3,010,386
Change - 26.04% 36.54% 160.52% 22.77% 19.18% -2.22% -2.42%
P/E 49.6x 26.8x 22.9x 35.2x 27.2x 26.8x 23.5x 20.7x
PBR 3.2x 3.13x 3.95x 9.55x 9.8x 9.32x 7.52x 6.14x
PEG - 0x 0.3x 0.4x 0.5x 1.1x 1.7x 1.5x
Capitalization / Revenue 1.16x 1.1x 1.42x 3.28x 3.28x 3.33x 2.99x 2.7x
EV / Revenue 1.19x 1.25x 1.45x 3.18x 3.26x 3.21x 2.81x 2.48x
EV / EBITDA 13.4x 12.1x 11.7x 17.8x 15.7x 15.1x 13.2x 11.6x
EV / EBIT 21.9x 17.8x 15.3x 21.5x 18.6x 17.4x 14.9x 13x
EV / FCF 12.3x -16.9x 11.1x 26.8x 33.5x 30.4x 23.6x 20.5x
FCF Yield 8.1% -5.92% 9.01% 3.73% 2.98% 3.29% 4.24% 4.88%
Dividend per Share 2 6 10 16.25 20 28 37.92 45.67 52.36
Rate of return 0.94% 1.37% 1.47% 0.64% 0.75% 0.82% 0.99% 1.13%
EPS 2 12.84 27.15 48.13 88.3 138.1 172.3 196.6 223.3
Distribution rate 46.7% 36.8% 33.8% 22.7% 20.3% 22% 23.2% 23.5%
Net sales 1 404,082 484,601 570,463 678,526 810,916 983,517 1,096,769 1,213,070
EBITDA 1 35,996 50,002 70,719 121,353 168,442 208,362 234,079 259,472
EBIT 1 21,945 34,002 54,215 100,111 142,519 181,741 206,397 231,654
Net income 1 9,402 19,887 35,272 63,806 98,719 122,195 138,304 156,185
Net Debt 1 14,175 72,415 18,112 -69,745 -13,738 -123,124 -193,098 -267,623
Reference price 2 637.50 728.50 1,104.50 3,110.00 3,755.00 4,624.00 4,624.00 4,624.00
Nbr of stocks (in thousands) 732,167 732,677 732,945 715,737 708,624 708,912 - -
Announcement Date 2/10/22 2/10/23 2/9/24 2/14/25 2/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.24x1.47x19.42x3.67% 65.29B
19.47x1.36x10.06x2.05% 37.17B
24.36x2.4x12.13x-.--% 12.19B
14.51x0.82x6.42x6.03% 2.12B
7.33x0.34x2.27x6.98% 1.33B
5.1x0.2x1.16x8.65% 1.15B
7.24x1.28x5.84x8.46% 857M
13.66x0.35x5.3x1.61% 123M
Average 15.11x 1.03x 7.82x 4.68% 15.03B
Weighted average by Cap. 24.82x 1.49x 15.08x 2.96%

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