Company Valuation: Create Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 2,524 2,406 3,003 3,585 3,948 4,474
Change - -4.67% 24.8% 19.39% 10.13% 13.32%
Enterprise Value (EV) 1 3,172 2,881 3,095 3,735 3,649 3,440
Change - -9.17% 7.42% 20.69% -2.3% -5.73%
P/E -23.6x 13.3x 7.27x 25x 8.18x 12.3x
PBR 0.6x 0.55x 0.62x 0.73x 0.74x 0.8x
PEG - -0x 0x -0.4x 0x -0.5x
Capitalization / Revenue 0.09x 0.08x 0.09x 0.1x 0.11x 0.12x
EV / Revenue 0.11x 0.09x 0.09x 0.1x 0.1x 0.09x
EV / EBITDA 62.2x 7.72x 4x 7.2x 4.13x 3.6x
EV / EBIT -39.2x 10.7x 4.55x 9.04x 4.75x 4.17x
EV / FCF 46.4x 11.5x 4.74x -52.9x 4.78x 3.41x
FCF Yield 2.16% 8.7% 21.1% -1.89% 20.9% 29.3%
Dividend per Share 2 - 12 22 26 38 40
Rate of return - 1.96% 2.85% 2.83% 3.74% 3.48%
EPS 2 -27.38 45.85 106.4 36.7 124.3 93.51
Distribution rate - 26.2% 20.7% 70.8% 30.6% 42.8%
Net sales 1 29,629 31,525 34,881 35,860 36,550 37,323
EBITDA 1 51 373 773 519 883 956
EBIT 1 -81 270 680 413 769 824
Net income 1 -107 180 419 143 486 364
Net Debt 1 648 475 92 150 -299 -1,034
Reference price 2 645.00 612.00 773.00 919.00 1,017.00 1,148.00
Nbr of stocks (in thousands) 3,913 3,931 3,884 3,901 3,882 3,897
Announcement Date 6/25/21 6/28/22 6/23/23 6/21/24 6/19/25 6/18/26
1JPY in Million2JPY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 29.41M
20.13x1.45x13.86x1.64% 42.79B
31.34x1.22x12.42x1.26% 7.12B
20x0.42x7.44x1.15% 2.71B
50.49x - - - 963M
84.9x0.27x8.04x - 627M
Average 41.37x 0.84x 10.44x 1.35% 9.04B
Weighted average by Cap. 22.89x 1.35x 13.27x 1.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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