Company Valuation: INTAGE HOLDINGS Inc.

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 35,142 61,938 50,303 62,212 57,156 67,784
Change - 76.25% -18.79% 23.67% -8.13% 18.59%
Enterprise Value (EV) 1 24,110 48,906 37,103 50,525 45,606 52,853
Change - 102.84% -24.13% 36.17% -9.74% 15.89%
P/E 21.4x 18.4x 14.8x 17.9x 23.3x 19.3x
PBR 1.25x 2.06x 1.64x 2.02x 1.77x 2.05x
PEG - 0x 6.62x 3.15x -0.8x 0.5x
Capitalization / Revenue 0.63x 1.08x 0.84x 1.01x 0.9x 1.03x
EV / Revenue 0.43x 0.85x 0.62x 0.82x 0.72x 0.81x
EV / EBITDA 4.87x 8.49x 6x 10.2x 9.81x 8.95x
EV / EBIT 6.59x 11.1x 7.98x 14.5x 13.9x 12.3x
EV / FCF 10.9x 11x 12.4x 39.4x 55.9x 12.3x
FCF Yield 9.13% 9.09% 8.06% 2.54% 1.79% 8.15%
Dividend per Share 2 24 35 38 42 43 45
Rate of return 2.73% 2.26% 2.98% 2.57% 2.87% 2.54%
EPS 2 41.16 84.4 86.29 91.19 64.45 91.83
Distribution rate 58.3% 41.5% 44% 46.1% 66.7% 49%
Net sales 1 55,551 57,558 60,232 61,387 63,279 65,571
EBITDA 1 4,953 5,763 6,187 4,940 4,650 5,907
EBIT 1 3,658 4,421 4,649 3,479 3,280 4,282
Net income 1 1,645 3,372 3,418 3,505 2,456 3,505
Net Debt 1 -11,032 -13,032 -13,200 -11,687 -11,550 -14,931
Reference price 2 880.00 1,551.00 1,276.00 1,634.00 1,499.00 1,775.00
Nbr of stocks (in thousands) 39,935 39,935 39,423 38,073 38,129 38,188
Announcement Date 9/29/20 9/29/21 9/28/22 9/28/23 9/26/24 9/24/25
1JPY in Million2JPY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 417M
65.88x - - - 505M
16.12x1.1x5.25x2.6% 371M
-12.27x0.28x4.57x - 183M
Average 23.24x 0.69x 4.91x 2.6% 368.94M
Weighted average by Cap. 34.92x 0.83x 5.03x 2.6%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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