Company Valuation: Glory Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 125,920 162,308 157,942 146,596 216,304 225,326 - -
Change - 28.9% -2.69% -7.18% 47.55% 4.17% - -
Enterprise Value (EV) 1 128,478 209,293 220,192 180,614 260,258 215,826 207,226 195,626
Change - 62.9% 5.21% -17.97% 44.1% -17.07% -3.98% -5.6%
P/E 19.2x -17.3x 5.32x 9.13x 14x 12.6x 11.3x 10.3x
PBR 0.61x 0.83x 0.69x 0.62x 0.96x 0.88x 0.83x 0.92x
PEG - 0x -0x -0.2x -13.25x 0.8x 1x 1.1x
Capitalization / Revenue 0.56x 0.63x 0.42x 0.4x 0.64x 0.62x 0.6x 0.6x
EV / Revenue 0.57x 0.82x 0.59x 0.49x 0.77x 0.6x 0.55x 0.52x
EV / EBITDA 4.67x 17x 3.41x 3.58x 5.19x 5.4x 4.82x 3.89x
EV / EBIT 12.5x 401x 4.29x 5.14x 11.1x 6.35x 6.31x 5.36x
EV / FCF -8.3x -29.4x 26.6x 4.44x 6.8x 17.1x 15.2x 8.18x
FCF Yield -12.1% -3.4% 3.76% 22.5% 14.7% 5.85% 6.56% 12.2%
Dividend per Share 2 68 68 106 108 112 125 148 151.5
Rate of return 3.28% 2.35% 3.73% 4.11% 2.82% 2.99% 3.53% 3.62%
EPS 2 107.6 -167 533.6 287.8 284.7 332.2 371.6 406.4
Distribution rate 63.2% -40.7% 19.9% 37.5% 39.3% 37.6% 39.8% 37.3%
Net sales 1 226,562 255,857 372,478 369,017 338,900 362,000 374,000 376,750
EBITDA 1 27,503 12,284 64,656 50,512 50,147 40,000 43,000 50,250
EBIT 1 10,297 522 51,276 35,173 23,400 34,000 32,850 36,500
Net income 1 6,509 -9,538 29,674 16,053 18,200 21,700 19,800 22,300
Net Debt 1 2,558 46,985 62,250 34,018 43,954 -9,500 -18,100 -29,700
Reference price 2 2,072.00 2,895.00 2,840.00 2,626.00 3,975.00 4,187.00 4,187.00 4,187.00
Nbr of stocks (in thousands) 60,772 56,065 55,613 55,825 54,416 53,816 - -
Announcement Date 5/12/22 5/11/23 5/10/24 5/13/25 5/15/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.38x6.07x22.6x0.76% 121B
34.89x6.54x22.43x1.73% 43.04B
33.36x4.3x15.88x0.11% 31.54B
21.17x1.75x12.91x2.3% 30B
26.32x4.17x13.99x1.41% 29.67B
23.63x3.45x14.88x1% 28.78B
25.92x3.11x13.54x1.45% 28.08B
113.27x7.7x40.51x - 27.71B
27.36x3.53x16.82x1.66% 25.23B
Average 37.92x 4.51x 19.28x 1.3% 40.61B
Weighted average by Cap. 36.95x 4.98x 20.16x 1.16%

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