Company Valuation: MegaChips Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 68,418 62,769 70,832 74,858 117,909 147,189 - -
Change - -8.26% 12.84% 5.68% 57.51% 24.83% - -
Enterprise Value (EV) 1 42,649 43,504 42,772 54,028 102,615 121,687 124,394 125,921
Change - 2% -1.68% 26.32% 89.93% 18.59% 2.22% 1.23%
P/E 2.8x 8.85x 16x 14.3x 13.2x 4.4x 4.48x 4.18x
PBR 1.07x 0.84x 0.69x 0.64x 0.62x 0.69x 0.51x 0.47x
PEG - -0.1x -0.5x 0.5x 0.1x 0x -2.37x 0.57x
Capitalization / Revenue 0.91x 0.89x 1.22x 1.77x 3.26x 3.45x 2.9x 2.56x
EV / Revenue 0.57x 0.62x 0.74x 1.28x 2.84x 2.85x 2.45x 2.19x
EV / EBITDA 5.81x 6.76x 7.12x 18.6x 207x 46.7x 24.6x 19.8x
EV / EBIT 6.07x 7.22x 7.8x 24.7x -590x 47.4x 33.6x 26.8x
EV / FCF 2.15x -10.2x 5.38x -7.38x 6.68x 3.67x 8.28x 7.01x
FCF Yield 46.5% -9.84% 18.6% -13.5% 15% 27.2% 12.1% 14.3%
Dividend per Share 2 90 90 110 140 250 260 263.3 266.7
Rate of return 2.38% 2.75% 2.84% 3.19% 3.29% 2.49% 2.52% 2.55%
EPS 2 1,349 369.4 242.3 306.3 578.3 2,379 2,334 2,504
Distribution rate 6.67% 24.4% 45.4% 45.7% 43.2% 10.9% 11.3% 10.6%
Net sales 1 75,256 70,722 57,942 42,326 36,169 42,700 50,833 57,500
EBITDA 1 7,338 6,435 6,008 2,899 496.5 2,608 5,060 6,366
EBIT 1 7,030 6,029 5,483 2,190 -174 2,567 3,700 4,700
Net income 1 27,544 7,086 4,486 5,372 9,284 33,533 31,750 32,500
Net Debt 1 -25,769 -19,265 -28,060 -20,830 -15,293 -25,502 -22,795 -21,268
Reference price 2 3,780.00 3,270.00 3,875.00 4,385.00 7,610.00 10,460.00 10,460.00 10,460.00
Nbr of stocks (in thousands) 18,100 19,195 18,279 17,071 15,494 14,072 - -
Announcement Date 5/13/22 5/12/23 5/10/24 5/14/25 5/14/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
4.46x2.9x47.41x2.45% 940M
62.28x10x50.31x1.31% 215B
51.99x8.89x15.8x-.--% 98.78B
47.04x10.04x34.95x1.17% 61.42B
38.77x - - 0.21% 49.75B
48.14x8.44x30.41x0.99% 50.25B
485.67x71.45x1562.79x - 39.54B
42.36x7.36x29.35x0.96% 35.31B
32.15x7.62x24.98x0.68% 33.9B
25.84x6.76x20.47x1.65% 32.07B
Average 83.87x 14.83x 201.83x 1.05% 61.68B
Weighted average by Cap. 78.43x 13.46x 141.82x 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 MegaChips Corporation