Company Valuation: DTS Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 120,697 140,384 172,448 156,255 163,648 168,582 - -
Change - 16.31% 22.84% -9.39% 4.73% 3.02% - -
Enterprise Value (EV) 73,377 96,054 133,048 125,737 133,082 168,582 168,582 168,582
Change - 30.9% 38.51% -5.5% 5.84% 26.68% 0% 0%
P/E 15.5x 17.7x 23.9x 15.7x 14.1x 14.1x 12.9x 12x
PBR 1.95x 2.29x 2.77x 2.77x 2.58x 2.54x 2.36x 2.2x
PEG - 3.54x -3.36x 0.3x 0.9x 4.36x 1.45x 1.54x
Capitalization / Revenue 1.28x 1.32x 1.49x 1.24x 1.21x 1.17x 1.12x 1.06x
EV / Revenue 0x 0x 0x 0x 0x 1.17x 1.12x 1.06x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.75x 9.03x 8.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 17.5 30 25.75 31.75 82 38 41.67 44.67
Rate of return 2.61% 3.73% 2.56% 3.18% 7.98% 3.59% 3.94% 4.22%
EPS 2 43.2 45.35 42.13 63.45 72.94 75.3 82 88.4
Distribution rate 40.5% 66.1% 61.1% 50% 112% 50.5% 50.8% 50.5%
Net sales 1 94,452 106,132 115,727 125,908 135,213 143,575 150,813 159,483
EBITDA 11,798 12,436 - - - - - -
EBIT 1 11,196 11,694 12,508 14,489 16,434 17,282 18,667 20,067
Net income 1 7,853 8,001 7,293 10,635 11,644 11,883 12,853 13,780
Net Debt -47,320 -44,330 -39,400 -30,518 -30,566 - - -
Reference price 2 669.50 805.00 1,005.00 998.75 1,027.00 1,058.00 1,058.00 1,058.00
Nbr of stocks (in thousands) 180,280 174,390 171,591 156,451 159,345 159,340 - -
Announcement Date 4/28/22 4/28/23 4/26/24 5/1/25 5/1/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.15x4.51x15.75x2.33% 272B
-91.12x14.39x83.34x-.--% 90.17B
10.21x1.12x5.88x4.73% 84.05B
13.47x2.45x9.09x6.14% 79.55B
18.39x4.85x11.97x3.1% 54.92B
13.6x1.99x8.34x5.73% 44.51B
18.97x1.52x9.56x1.51% 35.78B
19.31x1.42x9.05x1.03% 34.28B
15.52x1.98x9.21x5.57% 32.37B
Average 5.17x 3.80x 18.02x 3.35% 80.86B
Weighted average by Cap. 6.64x 4.59x 20.61x 3.04%

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