Company Valuation: Noritz Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 77,189 66,370 69,701 76,993 90,392 101,300 - -
Change - -14.02% 5.02% 10.46% 17.4% 12.07% - -
Enterprise Value (EV) 1 34,504 32,229 46,091 51,760 71,100 83,746 79,987 77,207
Change - -6.59% 43.01% 12.3% 37.36% 17.79% -4.49% -3.48%
P/E 14.1x 13.8x 80.2x 17.6x 27.1x 12.5x 21.9x 28.7x
PBR 0.69x 0.58x 0.57x 0.58x 0.65x 0.71x 0.7x 0.7x
PEG - -1.1x -1x 0x -1.2x 0x -0.5x -1.2x
Capitalization / Revenue 0.43x 0.31x 0.35x 0.38x 0.45x 0.48x 0.48x 0.47x
EV / Revenue 0.19x 0.15x 0.23x 0.26x 0.35x 0.4x 0.38x 0.36x
EV / EBITDA 4x 2.34x 4.09x 5.18x 5.89x 7.22x 6.67x 6.18x
EV / EBIT 13.8x 4.68x 12x 21.6x 16.5x 20.4x 18.6x 16.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 83 53 53 69 74 94 80 80
Rate of return 4.95% 3.67% 3.51% 4.14% 3.71% 4.24% 3.61% 3.61%
EPS 2 119.1 104.6 18.84 94.89 73.51 177.8 101.4 77.15
Distribution rate 69.7% 50.6% 281% 72.7% 101% 52.9% 78.9% 104%
Net sales 1 178,142 210,966 201,891 202,204 202,049 211,400 212,200 213,300
EBITDA 1 8,636 13,779 11,278 9,994 12,077 11,600 12,000 12,500
EBIT 1 2,500 6,889 3,840 2,395 4,300 4,100 4,300 4,600
Net income 1 5,479 4,800 868 4,383 3,358 8,100 4,600 3,500
Net Debt 1 -42,685 -34,141 -23,610 -25,233 -19,292 -17,554 -21,313 -24,092
Reference price 2 1,678.00 1,444.00 1,511.00 1,666.00 1,995.00 2,218.00 2,218.00 2,218.00
Nbr of stocks (in thousands) 46,001 45,962 46,129 46,214 45,309 45,672 - -
Announcement Date 2/14/22 2/14/23 2/14/24 2/13/25 2/10/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.47x0.4x7.22x4.24% 644M
13.52x1.31x10.51x5.43% 99.62B
9.74x0.49x4.87x5.89% 26.15B
29.25x3.23x17.75x1.09% 25.04B
51.37x3.99x34.98x0.66% 12.22B
16.06x1.24x7.28x2.6% 6.71B
15x1.27x11.14x5.88% 4.66B
15.71x0.65x5.69x4.87% 3.59B
28.25x2.18x13.52x1.41% 3.05B
13.32x0.62x4.74x3.07% 3.03B
Average 20.47x 1.54x 11.77x 3.51% 18.47B
Weighted average by Cap. 18.03x 1.61x 12.06x 4.38%

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

  1. Stock Market
  2. Stocks
  3. 5943 Stock
  4. Valuation Noritz Corporation