Company Valuation: M3, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 3,033,456 2,241,071 1,451,044 1,155,714 1,071,551 1,268,122 - -
Change - -26.12% -35.25% -20.35% -7.28% 18.34% - -
Enterprise Value (EV) 1 2,892,240 2,133,134 1,311,648 1,045,201 948,523 1,127,555 1,099,726 1,067,652
Change - -26.25% -38.51% -20.31% -9.25% 18.87% -2.47% -2.92%
P/E 47.5x 45.7x 32x 28.5x 22.1x 24.7x 22x 20x
PBR 11.8x 7.43x 4.14x 3.07x 2.64x 2.92x 2.67x 2.44x
PEG - -2x -4.17x -2.7x 1x 3.96x 1.8x 2x
Capitalization / Revenue 14.6x 9.71x 6.07x 4.06x 3.05x 3.27x 2.99x 2.75x
EV / Revenue 13.9x 9.24x 5.49x 3.67x 2.7x 2.9x 2.59x 2.31x
EV / EBITDA 28.5x 26.9x 17.9x 13.9x 10.4x 11.8x 10.5x 9.33x
EV / EBIT 30.4x 29.6x 20.4x 16.6x 12.9x 14.5x 12.7x 11.2x
EV / FCF 101x 60.6x 25.5x 83x 17.4x 22.3x 19.4x 17.1x
FCF Yield 0.99% 1.65% 3.91% 1.2% 5.73% 4.48% 5.14% 5.83%
Dividend per Share 2 16 19 21 21 22 23.13 25.23 27.27
Rate of return 0.36% 0.58% 0.98% 1.23% 1.37% 1.22% 1.33% 1.44%
EPS 2 94.06 72.22 66.68 59.62 72.53 77.05 86.37 95.11
Distribution rate 17% 26.3% 31.5% 35.2% 30.3% 30% 29.2% 28.7%
Net sales 1 208,159 230,818 238,883 284,900 351,363 388,185 423,920 461,801
EBITDA 1 101,415 79,417 73,259 75,176 90,776 95,476 104,553 114,416
EBIT 1 95,141 71,983 64,381 62,971 73,547 77,882 86,568 95,301
Net income 1 63,845 49,028 45,271 40,484 49,100 51,046 57,029 62,821
Net Debt 1 -141,216 -107,937 -139,396 -110,513 -123,028 -140,567 -168,395 -200,469
Reference price 2 4,469.00 3,301.00 2,137.00 1,702.00 1,605.50 1,900.00 1,900.00 1,900.00
Nbr of stocks (in thousands) 678,777 678,907 679,010 679,033 667,425 667,432 - -
Announcement Date 4/27/22 4/28/23 4/26/24 5/2/25 5/1/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.96x8.24x17.67x0.25% 4,247B
23.92x7.47x13.18x0.29% 1,877B
31.51x14.75x23.3x0.57% 540B
20.26x6x18.01x-.--% 302B
21.23x1.55x10.46x0.98% 276B
110.84x14.64x78.61x-.--% 229B
22.44x2.55x12.99x-.--% 146B
8.43x0.97x4.18x-.--% 117B
39.18x4.6x30.03x-.--% 110B
Average 32.75x 6.75x 23.16x 0.23% 871.57B
Weighted average by Cap. 22.93x 8.10x 18.41x 0.28%

Y-o-Y evolution of P/E

Valuation ratios - P/E - M3, Inc.

Historical PBR trend

Valuation ratios - PBR - M3, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - M3, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - M3, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - M3, Inc.