Company Valuation: GSI Creos Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,995 13,948 19,497 29,723 24,350 28,432 - -
Change - -12.8% 39.79% 52.45% -18.08% 16.76% - -
Enterprise Value (EV) 13,606 18,422 25,779 35,260 29,833 28,432 28,432 28,432
Change - 35.4% 39.94% 36.78% -15.39% -4.7% 0% 0%
P/E Ratio 7.89x 8.56x 11x 14.7x 10.3x 11.6x 9.27x 7.84x
PBR 0.69x 0.57x 0.75x 1.08x 0.81x 0.92x - -
PEG - -0.5x 1.29x 1x 0.6x 1.48x 1.06x 0.4x
Capitalization / Revenue 0.14x 0.12x 0.15x 0.2x 0.15x 0.16x 0.16x 0.15x
EV / Revenue 0x 0x 0x 0x 0x 0.17x 0.16x 0.15x
EV / EBITDA - - - - - 6.87x 6.22x 5.36x
EV / EBIT 0x 0x 0x 0x 0x 7.44x 6.74x 5.78x
EV / FCF 0x - -0x -0x 0x 9.51x 14.7x 8.34x
FCF Yield 32.3% - -12.1% -0.37% 10.7% 10.5% 6.82% 12%
Dividend per Share 2 30 65 73 83 97 104 130.9 154.8
Rate of return 2.35% 5.71% 4.59% 3.43% 4.89% 4.31% 5.61% 6.63%
EPS 2 161.6 133 144.3 164.6 192.2 207.2 251.8 297.6
Distribution rate 18.6% 48.9% 50.6% 50.4% 50.5% 50.2% 52% 52%
Net sales 1 116,375 111,829 131,054 146,194 165,541 188,677 174,370 185,580
EBITDA 1 - - - - - 4,140 4,570 5,300
EBIT 1 3,632 2,008 1,829 2,881 2,950 3,605 4,220 4,920
Net income 1 2,026 1,638 1,769 2,019 2,358 2,544 3,090 3,650
Net Debt -2,389 4,474 6,282 5,537 5,483 - - -
Reference price 2 1,276.00 1,138.00 1,590.00 2,423.00 1,984.00 2,334.00 2,334.00 2,334.00
Nbr of stocks (in thousands) 12,535 12,256 12,263 12,267 12,273 12,182 - -
Announcement Date 5/14/21 5/13/22 5/15/23 5/15/24 5/15/25 5/15/26 - -
1JPY in Million2JPY
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.08x - - 5.07% 177M
10.27x - - 5.73% 1.8B
Average 10.18x 5.4% 989.44M
Weighted average by Cap. 10.26x 5.67%

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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