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 74,858 117,909 141,975 - -
Change - -8.26% 12.84% 5.68% 57.51% 20.41% - -
Enterprise Value (EV) 1 42,649 43,504 42,772 54,028 102,615 116,473 119,180 120,707
Change - 2% -1.68% 26.32% 89.93% 13.5% 2.32% 1.28%
P/E 2.8x 8.85x 16x 14.3x 13.2x 4.69x 4.78x 4.45x
PBR 1.07x 0.84x 0.69x 0.64x 0.62x 0.73x 0.55x 0.5x
PEG - -0.1x -0.5x 0.5x 0.1x 0x -2.53x 0.61x
Capitalization / Revenue 0.91x 0.89x 1.22x 1.77x 3.26x 3.32x 2.79x 2.47x
EV / Revenue 0.57x 0.62x 0.74x 1.28x 2.84x 2.73x 2.34x 2.1x
EV / EBITDA 5.81x 6.76x 7.12x 18.6x 207x 44.7x 23.6x 19x
EV / EBIT 6.07x 7.22x 7.8x 24.7x -590x 45.4x 32.2x 25.7x
EV / FCF 2.15x -10.2x 5.38x -7.38x 6.68x 3.51x 7.93x 6.72x
FCF Yield 46.5% -9.84% 18.6% -13.5% 15% 28.5% 12.6% 14.9%
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% 2.33% 2.36% 2.39%
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 11,150.00 11,150.00 11,150.00
Nbr of stocks (in thousands) 18,100 19,195 18,279 17,071 15,494 12,733 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
4.69x2.73x44.66x2.33% 902M
77.37x12.41x62.22x1.05% 265B
46.91x8.48x15.2x-.--% 94.09B
57.8x10.28x37.01x0.83% 61.17B
43.63x9.31x32.36x1.26% 56.94B
47.09x - - 0.2% 50.5B
48.24x8.29x33.3x0.82% 40.03B
161.5x18.71x129.97x0.26% 35.95B
34.32x8.27x26.38x0.55% 35.56B
26.7x7.04x21.19x1.42% 33.27B
Average 54.82x 9.50x 44.70x 0.87% 67.39B
Weighted average by Cap. 64.11x 10.89x 47.71x 0.78%

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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