Company Valuation: freee K.K.

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 185,782 188,222 141,623 227,424 118,531 275,364 - -
Change - 1.31% -24.76% 60.58% -47.88% 132.31% - -
Enterprise Value (EV) 1 143,811 151,816 114,572 191,635 96,644 244,316 239,526 228,720
Change - 5.57% -24.53% 67.26% -49.57% 152.8% -1.96% -4.51%
P/E -15.8x -15.1x -13.9x 165x 110x 84.6x 45.5x 28.6x
PBR 5.15x 7.32x 8.45x 11.7x 5.62x 12.7x 10.2x 7.16x
PEG - -4.24x 0.7x -1x -5x 0x 0.5x 0.5x
Capitalization / Revenue 12.9x 9.79x 5.57x 6.84x 2.79x 5.26x 4.39x 3.69x
EV / Revenue 10x 7.9x 4.51x 5.76x 2.28x 4.67x 3.82x 3.07x
EV / EBITDA -58.4x -19.2x -13.7x 188x 37.6x 40.2x 22.8x 14.7x
EV / EBIT -47.3x -19.2x -13.7x 314x 88.5x 59x 30x 17.5x
EV / FCF -45.4x -27.7x -15.4x 53x -28.3x 167x 44.7x 30.5x
FCF Yield -2.2% -3.61% -6.49% 1.89% -3.53% 0.6% 2.24% 3.28%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -208.2 -215.6 -174.4 23.28 18.2 54.93 102.1 162.6
Distribution rate - - - - - - - -
Net sales 1 14,380 19,219 25,431 33,271 42,442 52,338 62,728 74,604
EBITDA 1 -2,461 -7,919 -8,387 1,020 2,574 6,073 10,495 15,571
EBIT 1 -3,042 -7,919 -8,387 611 1,091 4,138 7,971 13,053
Net income 1 -11,609 -12,338 -10,151 1,370 1,078 3,230 5,983 9,534
Net Debt 1 -41,971 -36,406 -27,051 -35,790 -21,887 -31,048 -35,838 -46,644
Reference price 2 3,280.00 3,255.00 2,422.00 3,845.00 1,996.00 4,645.00 4,645.00 4,645.00
Nbr of stocks (in thousands) 56,641 57,825 58,473 59,148 59,384 59,282 - -
Announcement Date 8/12/22 8/14/23 8/14/24 8/13/25 8/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
84.57x4.67x40.23x-.--% 1.74B
25.44x9.48x15.35x0.78% 3,766B
115.31x50.7x82.65x-.--% 429B
18.02x5.27x9.18x1.7% 361B
223.16x19.89x58.22x-.--% 288B
29.12x5.95x18.5x1.28% 272B
2418.1x40.44x132.28x-.--% 248B
74.17x6.78x17.75x-.--% 110B
13.72x3.66x7.66x-.--% 97.87B
39.09x10.74x27.79x-.--% 92.73B
Average 304.07x 15.76x 40.96x 0.38% 566.66B
Weighted average by Cap. 147.75x 13.91x 27.62x 0.69%

Y-o-Y evolution of P/E

Valuation ratios - P/E - freee K.K.

Historical PBR trend

Valuation ratios - PBR - freee K.K.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - freee K.K.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - freee K.K.


Year-on-year evolution of the Yield

Valuation ratios - Yield - freee K.K.
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