Valuation Nippon Steel Corporation

Equities

5401

JP3381000003

Iron & Steel

Delayed Japan Exchange Other stock markets 01:30:00 2025-12-15 EST			5-day change	1st Jan Change
604.00 ^JPY	-4.43%		-2.83%	-5.09%

12-12	Nippon Steel aims for 100 million tons annual global crude steel capacity by mid-2030s	RE
12-12	Nippon Steel president: no plans to shut down blast furnaces in Japan under new medium-term plan through FY2030	RE

Company Valuation: Nippon Steel Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,737,026	1,998,946	2,873,054	3,377,556	3,339,413	3,156,715	-	-
Change	-	15.08%	43.73%	17.56%	-1.13%	-5.47%	-	-
Enterprise Value (EV) ¹	3,936,792	4,101,246	4,901,994	5,640,307	5,174,379	7,468,563	7,166,755	7,377,955
Change	-	4.18%	19.52%	15.06%	-8.26%	44.34%	-4.04%	2.95%
P/E ratio	-53.6x	3.14x	4.14x	6.15x	9.1x	271x	8.25x	7.56x
PBR	0.63x	0.58x	0.69x	0.71x	0.62x	0.59x	0.57x	0.54x
PEG	-	-0x	0.47x	-0.3x	-0.2x	-2.8x	0x	0.83x
Capitalization / Revenue	0.36x	0.29x	0.36x	0.38x	0.38x	0.32x	0.29x	0.28x
EV / Revenue	0.82x	0.6x	0.61x	0.64x	0.6x	0.75x	0.66x	0.66x
EV / EBITDA	9.82x	3.18x	4.01x	4.94x	4.84x	7.34x	5.58x	5.36x
EV / EBIT	346x	4.88x	5.55x	7.24x	9.44x	31.8x	10.6x	10x
EV / FCF	278x	17.3x	25.6x	18.8x	10x	-3.18x	-38.3x	-220x
FCF Yield	0.36%	5.77%	3.9%	5.31%	9.98%	-31.4%	-2.61%	-0.45%
Dividend per Share ²	2	32	36	32	32	24	25.27	26.8
Rate of return	0.53%	7.37%	5.77%	4.36%	5.01%	3.97%	4.18%	4.44%
EPS ²	-7.044	138.4	150.7	119.3	70.18	2.226	73.22	79.89
Distribution rate	-28.4%	23.1%	23.9%	26.8%	45.6%	1,078%	34.5%	33.5%
Net sales ¹	4,829,272	6,808,890	7,975,586	8,868,097	8,695,526	9,922,286	10,802,975	11,252,921
EBITDA ¹	400,900	1,290,200	1,223,817	1,141,664	1,068,400	1,018,085	1,284,337	1,377,410
EBIT ¹	11,381	840,901	883,646	778,662	547,960	234,625	675,760	735,840
Net income ¹	-32,432	637,321	694,016	549,372	350,227	-326.5	403,958	438,687
Net Debt ¹	2,199,766	2,102,300	2,028,940	2,262,751	1,834,966	4,311,847	4,010,040	4,221,240
Reference price ²	377.30	434.20	624.00	733.60	639.00	604.00	604.00	604.00
Nbr of stocks (in thousands)	4,603,833	4,603,744	4,604,254	4,604,085	5,225,998	5,226,350	-	-
Announcement Date	5/7/21	5/10/22	5/10/23	5/9/24	5/9/25	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NIPPON STEEL CORPORATION	283.9x	0.77x	7.48x	3.8%	21.21B
NUCOR CORPORATION	20.35x	1.28x	9.57x	1.33%	37.79B
ARCELORMITTAL	9.93x	0.68x	6.52x	1.23%	34.55B
STEEL DYNAMICS, INC.	20.27x	1.52x	12.4x	1.16%	25.11B
TATA STEEL LIMITED	17.4x	1.27x	8.47x	2.19%	23.69B
POSCO HOLDINGS INC.	22.14x	0.5x	5.44x	3.14%	16.27B
CARPENTER TECHNOLOGY CORPORATION	31.85x	5.29x	19.52x	0.26%	16.02B
CLEVELAND-CLIFFS INC.	-4.49x	0.83x	114.27x	-.--%	8.19B
JFE HOLDINGS, INC.	16.39x	0.63x	7.89x	4.01%	8.14B
Average	46.42x	1.42x	21.28x	1.9%	21.22B
Weighted average by Cap.	47.23x	1.37x	13.93x	1.79%