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 2,691,893 - -
Change - -26.33% 77.38% 47.47% 48% 60.04% - -
Enterprise Value (EV) 1 558,541 434,508 764,799 1,115,944 1,763,302 2,776,358 2,769,043 2,662,135
Change - -22.21% 76.02% 45.91% 58.01% 57.45% -0.26% -3.86%
P/E 13.8x 8.6x 12.8x 15.9x 22.2x 26.4x 22.8x 19.1x
PBR 1.88x 1.21x 1.88x 2.4x 3.31x 4.69x 4.16x 3.59x
PEG - 0.5x 0.7x 0.9x 2.94x 0.8x 1.5x 1x
Capitalization / Revenue 0.98x 0.64x 1.01x 1.31x 1.76x 2.58x 2.33x 2.13x
EV / Revenue 0.93x 0.64x 1.01x 1.29x 1.84x 2.66x 2.4x 2.11x
EV / EBITDA 6.75x 4.59x 6.79x 8.72x 11.9x 15.5x 12.8x 10.4x
EV / EBIT 9.1x 6.16x 8.89x 11.4x 15.5x 20.3x 16.4x 13.3x
EV / FCF 13.5x -346x 26.1x 21.3x -34.9x 36.9x 43.4x 51.2x
FCF Yield 7.43% -0.29% 3.83% 4.69% -2.86% 2.71% 2.31% 1.95%
Dividend per Share 2 32.6 38.6 45.8 55 59 77.07 91.29 108.3
Rate of return 2.55% 4.09% 2.74% 2.24% 1.6% 1.3% 1.55% 1.83%
EPS 2 92.69 109.7 130.7 154.6 166.3 223.7 258.8 309.5
Distribution rate 35.2% 35.2% 35% 35.6% 35.5% 34.5% 35.3% 35%
Net sales 1 603,213 680,870 759,328 866,668 958,285 1,041,995 1,153,032 1,261,637
EBITDA 1 82,807 94,640 112,615 127,964 148,606 179,496 215,617 255,393
EBIT 1 61,372 70,572 86,025 97,953 113,802 137,070 168,372 199,604
Net income 1 43,616 50,488 60,283 71,401 76,633 101,733 117,343 139,560
Net Debt 1 -31,250 - -5,915 -20,599 81,250 84,465 77,150 -29,758
Reference price 2 1,278.00 944.00 1,669.60 2,460.50 3,684.00 5,906.00 5,906.00 5,906.00
Nbr of stocks (in thousands) 461,495 460,283 461,616 461,916 456,583 455,790 - -
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.($)
39.3x6.7x24.89x0.68% 135B
30.51x5.74x19.89x1.98% 39.38B
23.19x1.99x14.25x2.02% 33.72B
33.45x4.42x16.71x0.1% 32.89B
24.77x4.14x13.04x1.37% 30.92B
26.61x3.24x13.95x1.41% 28.47B
22.98x3.33x14.34x1.02% 28.02B
113.34x40.76x93.24x0.32% 28B
26.31x3.31x16.15x1.72% 24.47B
Average 37.83x 8.18x 25.16x 1.18% 42.3B
Weighted average by Cap. 37.74x 7.56x 24.63x 1.06%

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