Company Valuation: OSG Corporation

Data adjusted to current consolidation scope
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 160,712 185,149 176,606 150,871 188,828 303,050 - -
Change - 15.21% -4.61% -14.57% 25.16% 60.49% - -
Enterprise Value (EV) 1 144,566 164,021 147,311 121,902 181,433 292,950 304,350 295,550
Change - 13.46% -10.19% -17.25% 48.83% 61.47% 3.89% -2.89%
P/E 14.6x 11.3x 12.3x 11.8x 13.4x 15.3x 13.7x 13x
PBR 1.12x 1.12x 0.97x 0.89x 1.04x 1.61x 1.53x 1.45x
PEG - 0.2x -0.9x -50.33x 0.9x 0.4x 1.2x 2.22x
Capitalization / Revenue 1.27x 1.3x 1.2x 0.97x 1.18x 1.68x 1.57x 1.51x
EV / Revenue 1.15x 1.15x 1x 0.78x 1.13x 1.62x 1.58x 1.47x
EV / EBITDA 5.26x 5.06x 4.64x 3.85x 5.51x 7.37x 7.28x 6.67x
EV / EBIT 8.98x 7.49x 7.44x 6.46x 8.92x 10.5x 9.92x 9.02x
EV / FCF 4.26x 20.5x 9.96x 9.86x 14.6x 21.5x 19.9x 15.2x
FCF Yield 23.5% 4.88% 10% 10.1% 6.84% 4.64% 5.03% 6.59%
Dividend per Share 2 36 60 60 60 88 122.5 119 127.5
Rate of return 2.19% 3.1% 3.26% 3.42% 3.83% 3.32% 3.23% 3.46%
EPS 2 112.6 171.5 149.3 148.9 172.1 241.7 268.6 284.3
Distribution rate 32% 35% 40.2% 40.3% 51.1% 50.7% 44.3% 44.9%
Net sales 1 126,156 142,525 147,703 155,517 160,619 180,700 193,025 201,200
EBITDA 1 27,491 32,396 31,740 31,697 32,928 39,750 41,800 44,333
EBIT 1 16,105 21,898 19,800 18,868 20,330 27,825 30,675 32,775
Net income 1 10,989 16,534 14,307 13,439 14,334 20,350 22,175 23,525
Net Debt 1 -16,146 -21,128 -29,295 -28,969 -7,395 -10,100 1,300 -7,500
Reference price 2 1,646.00 1,936.00 1,841.00 1,753.00 2,298.50 3,688.00 3,688.00 3,688.00
Nbr of stocks (in thousands) 97,638 95,635 95,930 86,065 82,153 82,172 - -
Announcement Date 1/12/22 1/12/23 1/11/24 1/9/25 1/8/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.26x1.62x7.37x3.32% 1.92B
37.88x1.38x10.97x2.69% 3.5B
48.77x9.73x32.34x0.97% 3.1B
9.36x1.44x5.95x2.21% 2.75B
38.06x - - - 2.88B
13.26x2.64x8.38x3.35% 2.63B
13.58x1.06x7.5x2.52% 2.21B
21.7x0.89x8.92x0.89% 1.94B
Average 24.74x 2.68x 11.63x 2.28% 2.62B
Weighted average by Cap. 26.54x 2.94x 12.48x 2.27%

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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