Company Valuation: Espec Corp.

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 42,279 44,026 44,429 66,589 52,005 89,195 - -
Change - 4.13% 0.91% 49.88% -21.9% 71.51% - -
Enterprise Value (EV) 25,517 28,221 30,422 55,023 39,363 89,195 89,195 89,195
Change - 10.6% 7.8% 80.86% -28.46% 126.6% 0% 0%
P/E Ratio 21.6x 23.2x 13.5x 13.4x 8.66x 11x 15.1x 13.1x
PBR 0.94x 0.97x 0.95x 1.26x 0.92x 1.03x 1.37x 1.29x
PEG - -22.11x 0.2x 0.3x 0.4x -6.6x 1.3x 0.8x
Capitalization / Revenue 1.09x 1.05x 0.84x 1.07x 0.77x 0.92x 1.22x 1.18x
EV / Revenue 0x 0x 0x 0x 0x 1.31x 1.22x 1.18x
EV / EBITDA 0x 0x 0x 0x 0x 9.92x - -
EV / EBIT 0x 0x 0x 0x 0x 12.7x 11.1x 9.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 51 60 69 75 95 115 115 130
Rate of return 2.76% 3.05% 3.39% 2.46% 3.99% 3.87% 2.77% 3.13%
EPS 2 85.79 84.89 150.3 227.6 275 270.4 275.2 318.1
Distribution rate 59.4% 70.7% 45.9% 33% 34.5% 42.5% 41.8% 40.9%
Net sales 1 38,668 41,852 52,892 62,126 67,288 70,034 73,000 75,850
EBITDA 1 3,695 3,266 5,705 8,105 9,249 8,990 - -
EBIT 1 2,572 1,968 4,366 6,585 7,526 7,084 8,000 9,390
Net income 1 1,961 1,905 3,330 4,969 6,003 5,879 5,880 6,850
Net Debt -16,762 -15,805 -14,007 -11,566 -12,642 - - -
Reference price 2 1,849.00 1,968.00 2,035.00 3,050.00 2,382.00 4,155.00 4,155.00 4,155.00
Nbr of stocks (in thousands) 22,866 22,371 21,832 21,832 21,832 21,467 - -
Announcement Date 5/14/21 5/13/22 5/12/23 5/15/24 5/15/25 5/14/26 - -
1JPY in Million2JPY
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.79x - - 2.77% 557M
48.47x8.64x27.32x-.--% 59.93B
44.07x5.66x21.23x0.28% 24.02B
198.64x - - - 11.72B
44.63x9.21x33.15x0.54% 10.59B
48.22x - - - 8.22B
50.23x6.16x25.16x - 8.13B
156.41x13.28x71.48x0.3% 8.11B
34.57x3.69x18.65x0.29% 7.4B
8.01x - - 6.72% 7.11B
Average 65.01x 7.78x 32.83x 1.56% 14.58B
Weighted average by Cap. 62.83x 7.92x 28.94x 0.56%

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

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