Company Valuation: Espec Corp.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 44,026 44,429 66,589 52,005 64,103 87,181 - -
Change - 0.91% 49.88% -21.9% 23.27% 36% - -
Enterprise Value (EV) 28,221 30,422 55,023 39,363 50,018 87,181 87,181 87,181
Change - 7.8% 80.86% -28.46% 27.07% 74.3% 0% 0%
P/E 23.2x 13.5x 13.4x 8.66x 11x 15.6x 13.5x 12.5x
PBR 0.97x 0.95x 1.26x 0.92x 1.03x 1.41x 1.33x 1.25x
PEG - 0.2x 0.3x 0.4x -6.6x 8.77x 0.9x 1.69x
Capitalization / Revenue 1.05x 0.84x 1.07x 0.77x 0.92x 1.19x 1.12x 1.06x
EV / Revenue 0x 0x 0x 0x 0x 1.19x 1.12x 1.06x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.9x 9.69x 8.72x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 60 69 75 95 115 115 130 137
Rate of return 3.05% 3.39% 2.46% 3.99% 3.87% 2.69% 3.04% 3.2%
EPS 2 84.89 150.3 227.6 275 270.4 275.2 318.1 341.6
Distribution rate 70.7% 45.9% 33% 34.5% 42.5% 41.8% 40.9% 40.1%
Net sales 1 41,852 52,892 62,126 67,288 70,034 73,000 78,000 82,000
EBITDA 3,266 5,705 8,105 9,249 9,044 - - -
EBIT 1 1,968 4,366 6,585 7,526 7,084 8,000 9,000 10,000
Net income 1 1,905 3,330 4,969 6,003 5,879 5,880 6,600 7,300
Net Debt -15,805 -14,007 -11,566 -12,642 -14,085 - - -
Reference price 2 1,968.00 2,035.00 3,050.00 2,382.00 2,973.00 4,280.00 4,280.00 4,280.00
Nbr of stocks (in thousands) 22,371 21,832 21,832 21,832 21,562 21,186 - -
Announcement Date 5/13/22 5/12/23 5/15/24 5/15/25 5/14/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.55x - - 2.69% 559M
44.19x7.87x24.89x-.--% 54.64B
45.6x5.84x21.79x0.27% 24.86B
300.88x - - - 17.68B
48.69x10.08x36.27x0.49% 11.56B
198.93x18.18x97.58x - 10.98B
55.32x6.71x25.95x - 8.87B
178.16x - - - 7.78B
45.63x - - - 7.74B
36.23x3.85x19.27x0.28% 7.75B
Average 96.92x 8.75x 37.62x 0.75% 15.24B
Weighted average by Cap. 92.72x 8.26x 31.79x 0.16%

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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  4. Valuation Espec Corp.