Company Valuation: Kamei Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 41,732 33,869 49,426 71,803 60,496 100,213
Change - -18.84% 45.93% 45.27% -15.75% 65.65%
Enterprise Value (EV) 1 56,743 53,615 74,311 84,744 55,655 88,839
Change - -5.51% 38.6% 14.04% -34.33% 59.63%
P/E 5.32x 3.98x 5.77x 7.1x 6.06x 8.42x
PBR 0.37x 0.27x 0.36x 0.48x 0.38x 0.58x
PEG - 0.47x 10.23x 0.4x 0.72x 0.4x
Capitalization / Revenue 0.1x 0.07x 0.09x 0.13x 0.11x 0.17x
EV / Revenue 0.14x 0.11x 0.13x 0.15x 0.1x 0.15x
EV / EBITDA 2.81x 2.45x 2.78x 3.04x 1.93x 2.84x
EV / EBIT 4.93x 4.24x 4.86x 5.43x 3.51x 5.26x
EV / FCF 6.65x -968x 21.5x 5.88x 2.24x 5.32x
FCF Yield 15% -0.1% 4.64% 17% 44.7% 18.8%
Dividend per Share 2 32.5 36 38.5 48 73 115
Rate of return 2.62% 3.57% 2.62% 2.25% 3.69% 3.51%
EPS 2 233.6 253.4 254.8 300.9 326.4 388.9
Distribution rate 13.9% 14.2% 15.1% 16% 22.4% 29.6%
Net sales 1 405,332 483,421 552,241 573,505 575,787 584,220
EBITDA 1 20,178 21,881 26,778 27,842 28,797 31,239
EBIT 1 11,505 12,648 15,287 15,600 15,839 16,889
Net income 1 7,848 8,514 8,562 10,111 10,690 11,900
Net Debt 1 15,011 19,746 24,885 12,941 -4,841 -11,374
Reference price 2 1,242.00 1,008.00 1,471.00 2,137.00 1,977.00 3,275.00
Nbr of stocks (in thousands) 33,601 33,601 33,600 33,600 30,600 30,599
Announcement Date 6/30/21 6/30/22 6/30/23 6/28/24 6/26/25 6/25/26
1JPY in Million2JPY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.91x0.4x7.81x5.62% 4.74B
14.97x0.19x6.58x3.79% 4.67B
10.15x0.68x6.4x6.7% 3.81B
6.88x0.29x7.44x7.88% 2.83B
14.19x0.06x6.28x2.45% 1.87B
10.42x0.55x6.87x7.7% 1.61B
3.52x0.4x4.34x4.85% 1.38B
Average 11.01x 0.37x 6.53x 5.57% 2.99B
Weighted average by Cap. 12.26x 0.37x 6.79x 5.54%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA