Company Valuation: PBsystems,Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025
Market Cap 1 11,565 3,868 5,212 4,417 3,824 3,581
Change - -66.55% 34.73% -15.26% -13.42% -6.34%
Enterprise Value (EV) 1 11,138 3,249 4,670 3,365 2,843 2,805
Change - -70.83% 43.71% -27.95% -15.51% -1.32%
P/E 89.2x 25.6x 29.5x 21.8x 15.2x 40.3x
PBR 47.5x 5.34x 5.85x 3.5x 2.66x 2.86x
PEG - 1.7x 2.4x 2.93x 0.6x -0.6x
Capitalization / Revenue 5.07x 1.79x 2.08x 1.52x 1.23x 1.36x
EV / Revenue 4.88x 1.5x 1.87x 1.16x 0.91x 1.06x
EV / EBITDA 47.4x 13.7x 16.9x 10.9x 7.56x 19.9x
EV / EBIT 50.2x 14.1x 17.2x 11.2x 7.85x 22.4x
EV / FCF 323x 16.8x -22.2x 9.29x 113x 15.7x
FCF Yield 0.31% 5.96% -4.5% 10.8% 0.89% 6.35%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 22.42 25.79 28.91 31.06 39.48 13.91
Distribution rate - - - - - -
Net sales 1 2,281 2,165 2,503 2,900 3,107 2,634
EBITDA 1 235 237 276 309 376 141
EBIT 1 222 231 271 301 362 125
Net income 1 143 164 183 205 255 85
Net Debt 1 -427 -619 -542 -1,052 -981 -776
Reference price 2 1,999.00 660.00 854.00 676.00 599.00 561.00
Nbr of stocks (in thousands) 5,786 5,861 6,103 6,533 6,383 6,383
Announcement Date 12/24/20 12/27/21 12/26/22 12/25/23 12/23/24 12/24/25
1JPY in Million2JPY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.96x3.75x13.08x2.89% 220B
14.1x1.55x8.16x3.4% 116B
-115.94x18.44x106.65x-.--% 115B
15.54x2.85x10.74x5.29% 91.23B
20.92x5.47x13.43x2.72% 63.24B
14.86x2.16x9.18x5.24% 48.26B
21.83x1.79x11.03x1.39% 42.01B
21.31x1.62x10.27x0.87% 40.75B
18.11x2.29x10.97x4.82% 37.32B
Average 3.74x 4.43x 21.50x 2.96% 86.02B
Weighted average by Cap. -0.91x 5.24x 25.38x 2.86%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA