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 1,906,194 - -
Change - -26.33% 77.38% 47.47% 48% 13.33% - -
Enterprise Value (EV) 1 558,541 434,508 764,799 1,115,944 1,763,302 2,009,648 2,013,990 1,983,445
Change - -22.21% 76.02% 45.91% 58.01% 13.97% 0.22% -1.52%
P/E 13.8x 8.6x 12.8x 15.9x 22.2x 19.1x 15.9x 12.9x
PBR 1.88x 1.21x 1.88x 2.4x 3.31x 3.35x 2.96x 2.58x
PEG - 0.5x 0.7x 0.9x 2.94x 0.6x 0.8x 0.6x
Capitalization / Revenue 0.98x 0.64x 1.01x 1.31x 1.76x 1.78x 1.58x 1.42x
EV / Revenue 0.93x 0.64x 1.01x 1.29x 1.84x 1.88x 1.67x 1.48x
EV / EBITDA 6.75x 4.59x 6.79x 8.72x 11.9x 11.6x 9.09x 7.57x
EV / EBIT 9.1x 6.16x 8.89x 11.4x 15.5x 15.2x 11.7x 9.43x
EV / FCF 13.5x -346x 26.1x 21.3x -34.9x 42.7x 54.4x 41.2x
FCF Yield 7.43% -0.29% 3.83% 4.69% -2.86% 2.34% 1.84% 2.43%
Dividend per Share 2 32.6 38.6 45.8 55 59 74.74 91.99 112.6
Rate of return 2.55% 4.09% 2.74% 2.24% 1.6% 1.79% 2.2% 2.69%
EPS 2 92.69 109.7 130.7 154.6 166.3 218.7 262.1 323.2
Distribution rate 35.2% 35.2% 35% 35.6% 35.5% 34.2% 35.1% 34.8%
Net sales 1 603,213 680,870 759,328 866,668 958,285 1,071,235 1,203,776 1,340,543
EBITDA 1 82,807 94,640 112,615 127,964 148,606 173,234 221,446 261,870
EBIT 1 61,372 70,572 86,025 97,953 113,802 131,918 171,993 210,325
Net income 1 43,616 50,488 60,283 71,401 76,633 98,487 119,251 146,272
Net Debt 1 -31,250 - -5,915 -20,599 81,250 103,454 107,795 77,250
Reference price 2 1,278.00 944.00 1,669.60 2,460.50 3,684.00 4,179.00 4,179.00 4,179.00
Nbr of stocks (in thousands) 461,495 460,283 461,616 461,916 456,583 456,136 - -
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.($)
31.11x5.52x20.13x0.84% 121B
33.43x5.29x20.06x1.6% 95.61B
28.62x3.27x18.89x0.73% 62.68B
40.2x6.27x27.65x1.9% 58.53B
38.8x7.86x23x-.--% 56.39B
27.11x4.99x17.47x2.22% 35.39B
20.93x1.79x12.9x2.24% 30.46B
31.31x4.1x15.45x0.11% 30.18B
19.41x3.31x10.6x1.57% 26.94B
Average 30.10x 4.71x 18.46x 1.24% 57.52B
Weighted average by Cap. 31.63x 5.09x 19.75x 1.17%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ebara Corporation

Historical PBR trend

Valuation ratios - PBR - Ebara Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ebara Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ebara Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ebara Corporation