Company Valuation: OYO Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 31,992 54,568 55,826 49,187 60,084 63,919
Change - 70.57% 2.31% -11.89% 22.15% 6.38%
Enterprise Value (EV) 1 5,250 27,264 37,165 33,930 51,259 49,576
Change - 419.28% 36.32% -8.7% 51.07% -3.28%
P/E 18x 19x 30.3x 12.3x 15.1x 14.8x
PBR 0.47x 0.78x 0.79x 0.66x 0.77x 0.82x
PEG - 0.3x -0.9x 0x 7.85x 1.3x
Capitalization / Revenue 0.64x 1.06x 0.95x 0.75x 0.81x 0.84x
EV / Revenue 0.11x 0.53x 0.63x 0.52x 0.69x 0.65x
EV / EBITDA 1.37x 5.61x 9.6x 7.44x 7.9x 7.97x
EV / EBIT 2.09x 7.32x 14.4x 11.7x 11.5x 11.9x
EV / FCF 1.65x 355x -5.39x -12.5x -15.8x 7.43x
FCF Yield 60.6% 0.28% -18.5% -8% -6.32% 13.5%
Dividend per Share 2 32 46 48 58 86 110
Rate of return 2.61% 2.14% 2.1% 2.83% 3.34% 3.92%
EPS 2 68.2 112.9 75.33 167.2 170.4 189.2
Distribution rate 46.9% 40.7% 63.7% 34.7% 50.5% 58.1%
Net sales 1 49,608 51,675 59,011 65,602 74,085 76,285
EBITDA 1 3,834 4,858 3,873 4,563 6,492 6,222
EBIT 1 2,517 3,724 2,578 2,902 4,440 4,166
Net income 1 1,781 2,866 1,864 4,006 4,010 4,331
Net Debt 1 -26,742 -27,304 -18,661 -15,257 -8,825 -14,343
Reference price 2 1,225.00 2,150.00 2,282.00 2,052.00 2,577.00 2,805.00
Nbr of stocks (in thousands) 26,116 25,380 24,464 23,970 23,316 22,787
Announcement Date 3/26/21 3/25/22 3/24/23 3/26/24 3/26/25 3/25/26
1JPY in Million2JPY
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
64.77x2.8x27.37x0.07% 93.91B
13.15x1.06x5.84x4.46% 71.19B
25.13x1.93x18.7x1.24% 54.07B
55.22x4.6x29.38x1.67% 45.7B
32.28x0.77x12.79x1.95% 38.33B
27.07x0.53x8.47x2.2% 34.63B
25.42x1.65x15.87x0.19% 33.1B
4.84x0.3x5.82x5.89% 28.68B
14.73x0.4x4.44x4.53% 20.93B
Average 29.18x 1.56x 14.30x 2.47% 46.73B
Weighted average by Cap. 34.16x 1.84x 16.43x 2.11%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA