Company Valuation: Baycurrent, Inc.

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 693,599 818,764 512,030 967,699 684,103 993,936 - -
Change - 18.05% -37.46% 88.99% -29.31% 45.29% - -
Enterprise Value (EV) 1 672,750 786,297 475,907 908,458 673,517 902,017 870,687 824,386
Change - 16.88% -39.47% 90.89% -25.86% 33.93% -3.47% -5.32%
P/E 44.7x 37.4x 20.2x 31.5x 113x 21.6x 17.2x 13x
PBR 16.7x 14.3x 6.91x 10.3x 11.5x 7.58x 6.26x 5.06x
PEG - 0.9x 1.3x 1.4x -1.4x 0x 0.7x 0.4x
Capitalization / Revenue 12x 10.8x 5.45x 8.34x 18.8x 5.39x 4.36x 3.46x
EV / Revenue 11.7x 10.3x 5.07x 7.83x 18.5x 4.89x 3.82x 2.87x
EV / EBITDA 31x 26.1x 13.5x 20.9x - 13.6x 10.5x 7.72x
EV / EBIT 31.3x 26.3x 13.9x 21.3x 118x 14.1x 10.9x 7.88x
EV / FCF 42.4x 37x - 31.2x - 16.9x 15.5x 11.1x
FCF Yield 2.36% 2.7% - 3.2% - 5.92% 6.45% 8.99%
Dividend per Share 2 26 37 43 62 100 125.9 158.8 205.2
Rate of return 0.57% 0.69% 1.28% 0.97% 2.22% 1.87% 2.36% 3.05%
EPS 2 101.4 143 166 202.2 39.92 311.8 390.5 518.1
Distribution rate 25.6% 25.9% 25.9% 30.7% 251% 40.4% 40.7% 39.6%
Net sales 1 57,642 76,090 93,909 116,056 36,364 184,461 228,050 287,394
EBITDA 1 21,733 30,163 35,312 43,489 - 66,157 82,650 106,797
EBIT 1 21,518 29,916 34,219 42,615 5,706 64,106 79,744 104,559
Net income 1 15,544 21,910 25,382 30,760 6,063 46,734 58,382 75,517
Net Debt 1 -20,849 -32,467 -36,123 -59,241 -10,586 -91,919 -123,249 -169,550
Reference price 2 4,535.00 5,350.00 3,354.00 6,364.00 4,505.00 6,730.00 6,730.00 6,730.00
Nbr of stocks (in thousands) 152,943 153,040 152,662 152,058 151,854 147,687 - -
Announcement Date 4/14/22 4/14/23 4/12/24 4/10/25 4/14/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.42x1.34x12.34x - 4.69B
10.39x7.05x8.53x6.9% 2.32B
12.92x - - - 1.39B
15.86x3.4x9.14x4.23% 1.35B
15.17x - - 4.32% 623M
Average 14.35x 3.93x 10.01x 5.15% 2.07B
Weighted average by Cap. 14.90x 3.26x 10.77x 5.69%

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