Company Valuation: Daicel Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 241,595 285,636 417,587 344,009 314,941 376,067 - -
Change - 18.23% 46.2% -17.62% -8.45% 19.41% - -
Enterprise Value (EV) 1 431,569 509,628 644,194 559,786 550,381 631,919 637,326 640,707
Change - 18.09% 26.4% -13.1% -1.68% 14.81% 0.86% 0.53%
P/E 7.85x 7.2x 7.66x 7.15x 31.6x 11.1x 10.2x 8.65x
PBR 0.89x 0.97x 1.16x 0.96x 0.88x 1.01x 0.96x 0.9x
PEG - 0.2x 0.2x -0.88x -0.4x 0x 1.1x 0.5x
Capitalization / Revenue 0.52x 0.53x 0.75x 0.59x 0.54x 0.61x 0.59x 0.56x
EV / Revenue 0.92x 0.95x 1.15x 0.95x 0.95x 1.03x 1x 0.96x
EV / EBITDA 5.47x 6.44x 6.71x 5.47x 6.44x 7.07x 6.52x 5.88x
EV / EBIT 8.51x 10.7x 10.3x 9.18x 13.1x 13.9x 13.1x 11.5x
EV / FCF -122x -17.3x -884x 23.4x 27.3x 47.4x 23.2x 20.3x
FCF Yield -0.82% -5.78% -0.11% 4.28% 3.66% 2.11% 4.32% 4.93%
Dividend per Share 2 34 38 50 60 60 69.43 77.88 83.86
Rate of return 4.16% 3.8% 3.3% 4.62% 4.9% 4.72% 5.29% 5.69%
EPS 2 104.1 138.9 197.6 181.4 38.75 132.3 144.6 170.3
Distribution rate 32.6% 27.4% 25.3% 33.1% 155% 52.5% 53.9% 49.3%
Net sales 1 467,937 538,026 558,056 586,531 579,629 615,575 634,162 667,143
EBITDA 1 78,892 79,083 96,037 102,400 85,412 89,374 97,788 108,917
EBIT 1 50,697 47,508 62,393 61,011 42,069 45,600 48,775 55,743
Net income 1 31,254 40,682 55,834 49,480 10,180 33,500 36,062 41,486
Net Debt 1 189,974 223,992 226,607 215,777 235,440 255,852 261,260 264,641
Reference price 2 817.00 1,000.00 1,514.00 1,297.50 1,225.50 1,472.50 1,472.50 1,472.50
Nbr of stocks (in thousands) 295,709 285,636 275,817 265,132 256,990 255,393 - -
Announcement Date 5/11/22 5/11/23 5/9/24 5/13/25 5/12/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.13x1.03x7.07x4.72% 2.38B
30.42x6.96x17.81x1.29% 230B
27.96x4.33x13.95x2.1% 124B
30.06x3.65x18.7x0.96% 80.89B
20.45x7.1x32.59x3.63% 75.04B
88.95x6.55x15.23x2.41% 66.71B
83.64x1.23x8.34x6.21% 35.62B
10.56x1.14x6.16x3.14% 30.99B
14.82x1.72x10.1x2.7% 23.87B
9.02x3.02x7.09x4.69% 24.35B
Average 32.70x 3.67x 13.70x 3.18% 69.36B
Weighted average by Cap. 34.98x 5.19x 16.89x 2.27%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Daicel Corporation

Historical PBR trend

Valuation ratios - PBR - Daicel Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Daicel Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Daicel Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Daicel Corporation
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