Company Valuation: NTT, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 12,554,530 13,508,769 15,117,862 11,972,239 12,799,794 13,996,886 - -
Change - 7.6% 11.91% -20.81% 6.91% 9.35% - -
Enterprise Value (EV) 1 19,841,020 21,865,382 24,848,999 21,982,339 27,797,451 28,227,031 28,273,820 28,185,612
Change - 10.2% 13.65% -11.54% 26.45% 1.55% 0.17% -0.31%
P/E 10.8x 11.4x 11.9x 12.1x 12.5x 13.6x 12.5x 11.6x
PBR 1.52x 1.58x 1.54x 1.17x 1.32x 1.4x 1.32x 1.25x
PEG - 2.01x 1.42x -0.6x 2.3x 8.58x 1.48x 1.43x
Capitalization / Revenue 1.03x 1.03x 1.13x 0.87x 0.89x 0.92x 0.89x 0.86x
EV / Revenue 1.63x 1.66x 1.86x 1.6x 1.93x 1.86x 1.8x 1.73x
EV / EBITDA 5.96x 6.65x 7x 6.52x 7.95x 8.08x 7.77x 7.44x
EV / EBIT 11.2x 12x 12.9x 13.3x 16.3x 16.1x 15.1x 14.2x
EV / FCF 15.1x 41.7x 64.6x 79.5x -33.1x 52.1x 57.8x 56.3x
FCF Yield 6.61% 2.4% 1.55% 1.26% -3.02% 1.92% 1.73% 1.78%
Dividend per Share 2 4.6 4.8 5.1 5.2 5.3 5.35 5.641 5.881
Rate of return 3.24% 3.03% 2.84% 3.59% 3.37% 3.07% 3.24% 3.38%
EPS 2 13.17 13.92 15.09 11.96 12.61 12.81 13.89 15.02
Distribution rate 34.9% 34.5% 33.8% 43.5% 42% 41.8% 40.6% 39.2%
Net sales 1 12,156,447 13,136,200 13,374,569 13,704,727 14,409,121 15,209,643 15,736,994 16,272,017
EBITDA 1 3,329,776 3,290,200 3,551,496 3,371,606 3,497,204 3,492,743 3,639,733 3,788,473
EBIT 1 1,768,593 1,829,000 1,922,910 1,649,571 1,706,221 1,748,837 1,873,638 1,984,280
Net income 1 1,181,083 1,213,100 1,279,521 1,000,016 1,037,032 1,032,838 1,103,129 1,173,037
Net Debt 1 7,286,490 8,356,613 9,731,137 10,010,100 14,997,657 14,230,145 14,276,934 14,188,726
Reference price 2 141.80 158.48 179.80 144.70 157.20 174.00 174.00 174.00
Nbr of stocks (in thousands) 88,536,882 85,239,584 84,081,549 82,738,351 81,423,625 81,424,583 - -
Announcement Date 5/12/22 5/12/23 5/10/24 5/9/25 5/8/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.58x1.87x8.13x3.07% 89.74B
9.73x2.45x6.43x6.42% 182B
12.18x2.05x5.28x4.48% 134B
13.34x2.01x5.06x2.47% 71.97B
14.33x2.59x8.07x5.35% 54.94B
22.05x5.09x18.57x4.94% 52.11B
14.47x2.7x5.97x4.41% 50.81B
25.79x3.45x7.57x3.92% 42.98B
8.89x1.67x5x5.53% 42.23B
22.56x3x7.7x4.51% 38.52B
Average 15.69x 2.69x 7.78x 4.51% 75.98B
Weighted average by Cap. 13.97x 2.52x 7.27x 4.71%

Y-o-Y evolution of P/E

Valuation ratios - P/E - NTT, Inc.

Historical PBR trend

Valuation ratios - PBR - NTT, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - NTT, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - NTT, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - NTT, Inc.