Company Valuation: Loadstar Capital K.K.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,502 25,709 33,496 40,997 50,344 42,971 - -
Change - 55.79% 30.29% 22.39% 22.8% -14.65% - -
Enterprise Value (EV) 41,917 54,077 63,428 91,103 105,406 42,971 42,971 42,971
Change - 29.01% 17.29% 43.63% 15.7% -59.23% 0% 0%
P/E 5.71x 6.4x 8.19x 7.16x 7.54x 5.51x 4.58x 4.24x
PBR 1.84x 2.13x 2.14x 1.97x 1.88x - - -
PEG - 0.2x -117.66x 0.2x 0.5x 0.4x 0.2x 0.53x
Capitalization / Revenue 0.92x 1.09x 1.17x 1.19x 1.13x 0.77x 0.7x 0.56x
EV / Revenue 0x 0x 0x 0x 0x 0.77x 0.7x 0.56x
EV / EBITDA - - - - 0x 2.3x 1.89x 1.72x
EV / EBIT 0x 0x 0x 0x 0x 2.6x 2.12x 1.94x
EV / FCF - -0x - - -0x -3.85x -2.21x -3.9x
FCF Yield - -6.48% - - -5.59% -25.9% -45.3% -25.6%
Dividend per Share 2 26.67 41.67 43.75 58.33 71.67 98 102.5 107.8
Rate of return 2.65% 2.59% 2.13% 2.35% 2.38% 3.86% 4.04% 4.24%
EPS 2 176.2 251.4 251.2 347.3 399.6 461 554.3 598.9
Distribution rate 15.1% 16.6% 17.4% 16.8% 17.9% 21.3% 18.5% 18%
Net sales 1 17,920 23,637 28,726 34,421 44,633 55,990 61,690 76,420
EBITDA 1 - - - - 14,898 18,710 22,780 25,010
EBIT 1 5,618 7,545 8,249 11,447 13,415 16,510 20,260 22,150
Net income 1 3,465 4,843 4,883 6,871 7,976 9,200 11,060 11,950
Net Debt 25,415 28,368 29,932 50,106 55,062 - - -
Reference price 2 1,006.00 1,609.00 2,057.00 2,485.00 3,015.00 2,541.00 2,541.00 2,541.00
Nbr of stocks (in thousands) 16,404 15,978 16,284 16,498 16,698 16,911 - -
Announcement Date 2/10/22 2/10/23 2/14/24 2/14/25 2/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.67x - - 3.75% 276M
22.97x0.81x5.37x0.58% 2.39B
Average 14.32x 0.81x 5.37x 2.16% 1.34B
Weighted average by Cap. 21.18x 0.81x 5.37x 0.91%

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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  4. Valuation Loadstar Capital K.K.