Company Valuation: Ebara Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 589,791 434,508 770,714 1,136,543 1,682,052 2,292,527 - -
Change - -26.33% 77.38% 47.47% 48% 36.29% - -
Enterprise Value (EV) 1 558,541 434,508 764,799 1,115,944 1,763,302 2,395,125 2,393,489 2,350,889
Change - -22.21% 76.02% 45.91% 58.01% 35.83% -0.07% -1.78%
P/E 13.8x 8.6x 12.8x 15.9x 22.2x 22.8x 19.5x 16.3x
PBR 1.88x 1.21x 1.88x 2.4x 3.31x 4.03x 3.56x 3.07x
PEG - 0.5x 0.7x 0.9x 2.94x 0.7x 1.1x 0.8x
Capitalization / Revenue 0.98x 0.64x 1.01x 1.31x 1.76x 2.17x 1.97x 1.8x
EV / Revenue 0.93x 0.64x 1.01x 1.29x 1.84x 2.27x 2.06x 1.84x
EV / EBITDA 6.75x 4.59x 6.79x 8.72x 11.9x 13.6x 11x 9.05x
EV / EBIT 9.1x 6.16x 8.89x 11.4x 15.5x 17.6x 14.2x 11.7x
EV / FCF 13.5x -346x 26.1x 21.3x -34.9x 36x 49.3x 45.2x
FCF Yield 7.43% -0.29% 3.83% 4.69% -2.86% 2.78% 2.03% 2.21%
Dividend per Share 2 32.6 38.6 45.8 55 59 76.66 91.04 108.1
Rate of return 2.55% 4.09% 2.74% 2.24% 1.6% 1.53% 1.81% 2.15%
EPS 2 92.69 109.7 130.7 154.6 166.3 220.9 258.4 309.2
Distribution rate 35.2% 35.2% 35% 35.6% 35.5% 34.7% 35.2% 35%
Net sales 1 603,213 680,870 759,328 866,668 958,285 1,056,985 1,164,357 1,276,087
EBITDA 1 82,807 94,640 112,615 127,964 148,606 175,945 218,164 259,819
EBIT 1 61,372 70,572 86,025 97,953 113,802 136,462 169,025 200,867
Net income 1 43,616 50,488 60,283 71,401 76,633 101,253 117,689 140,129
Net Debt 1 -31,250 - -5,915 -20,599 81,250 102,598 100,962 58,362
Reference price 2 1,278.00 944.00 1,669.60 2,460.50 3,684.00 5,026.00 5,026.00 5,026.00
Nbr of stocks (in thousands) 461,495 460,283 461,616 461,916 456,583 456,133 - -
Announcement Date 2/14/22 2/14/23 2/14/24 2/14/25 2/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
36.75x6.29x23.36x0.73% 126B
27.85x5.14x17.91x2.17% 35.95B
22.64x1.94x13.9x2.07% 32.93B
31.31x4.16x15.73x0.11% 30.78B
21.62x3.61x11.47x1.52% 27.99B
22.08x3.2x13.8x1.06% 26.92B
24.78x3.02x13x1.52% 26.49B
103.87x37.37x85.48x0.35% 25.73B
25.53x3.21x15.69x1.77% 23.92B
Average 35.16x 7.55x 23.37x 1.25% 39.65B
Weighted average by Cap. 34.99x 6.94x 22.82x 1.13%

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