Company Valuation: IBJ, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 36,281 39,431 27,650 23,429 29,767 31,167 - -
Change - 8.68% -29.88% -15.27% 27.05% 4.7% - -
Enterprise Value (EV) 35,463 38,785 29,589 24,407 37,555 31,167 31,167 31,167
Change - 9.37% -23.71% -17.51% 53.87% -17.01% 0% 0%
P/E 34.4x 26.4x 17.4x 15.4x 14.3x 8.54x 8.09x 9.45x
PBR 5.88x 5.21x 3.7x 2.79x 2.92x - - -
PEG - 0.6x 1.76x -9.25x 0.4x 0.1x 1.47x -0.7x
Capitalization / Revenue 2.58x 2.68x 1.57x 1.32x 1.48x 1.08x 1.02x 0.96x
EV / Revenue 0x 0x 0x 0x 0x 1.08x 1.02x 0.96x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 6.78x 5.99x 5.47x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 6 6 6 8 10 13 16 18
Rate of return 0.66% 0.61% 0.85% 1.29% 1.27% 1.58% 1.94% 2.19%
EPS 2 26.33 37.17 40.84 40.16 54.89 96.4 101.7 87.1
Distribution rate 22.8% 16.1% 14.7% 19.9% 18.2% 13.5% 15.7% 20.7%
Net sales 1 14,081 14,716 17,649 17,739 20,173 28,800 30,600 32,300
EBITDA - - 2,919 3,325 4,437 - - -
EBIT 1 1,516 1,993 2,231 2,579 3,609 4,600 5,200 5,700
Net income 1 1,054 1,493 1,629 1,523 2,077 2,800 3,000 3,300
Net Debt -818 -646 1,939 978 7,788 - - -
Reference price 2 906.00 980.00 710.00 620.00 786.00 823.00 823.00 823.00
Nbr of stocks (in thousands) 40,045 40,236 38,944 37,789 37,872 37,870 - -
Announcement Date 2/9/22 2/10/23 2/9/24 2/12/25 2/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.54x - - 1.58% 196M
20.69x3.76x12.28x1.62% 11.75B
18.71x2.59x9.83x - 5.1B
188.6x1.13x9.79x - 1.91B
8.35x2.49x8.27x3.56% 481M
16.38x - - 0.85% 340M
33x - - 2.99% 147M
Average 42.04x 2.49x 10.04x 2.12% 2.85B
Weighted average by Cap. 35.88x 3.15x 11.28x 1.69%

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