Company Valuation: Rakuten Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,353,105 1,824,892 947,676 1,344,972 1,849,754 2,128,093 2,128,093 -
Change - 34.87% -48.07% 41.92% 37.53% 15.05% 0% -
Enterprise Value (EV) 1 819,256 817,503 1,004,995 830,264 851,606 -1,690,107 -1,720,873 -1,674,692
Change - -0.21% 22.93% -17.39% 2.57% -298.46% -1.82% 2.68%
P/E ratio -11.8x -13.2x -2.54x -3.54x -11.4x -14.1x -427x 33.6x
PBR 2.22x 1.67x 1.16x 1.61x 1.99x 2.6x 2.72x 2.65x
PEG - -3.06x -0x 0.1x 0.2x 1.82x 4.4x -0x
Capitalization / Revenue 0.93x 1.09x 0.49x 0.65x 0.81x 0.85x 0.79x 0.73x
EV / Revenue 0.56x 0.49x 0.52x 0.4x 0.37x -0.68x -0.64x -0.58x
EV / EBITDA 14.2x 311x -10.3x 9.55x 2.31x -4.74x -3.81x -3.22x
EV / EBIT -8.73x -4.2x -2.76x -3.9x 16.1x -34.6x -11.9x -7.5x
EV / FCF 1.11x -28.1x - 6.55x 0.91x 4.23x -48.2x -7.92x
FCF Yield 90.1% -3.56% - 15.3% 110% 23.6% -2.07% -12.6%
Dividend per Share 2 4.5 4.5 4.5 - - - 0.6 0.3833
Rate of return 0.45% 0.39% 0.76% - - - 0.06% 0.04%
EPS 2 -84 -87.62 -235 -177.3 -75.61 -69.76 -2.296 29.17
Distribution rate -5.36% -5.14% -1.91% - - - -26.1% 1.31%
Net sales 1 1,455,538 1,681,757 1,927,878 2,071,315 2,279,233 2,489,328 2,695,239 2,907,897
EBITDA 1 57,657 2,627 -97,774 86,914 369,410 356,366 451,316 520,005
EBIT 1 -93,849 -194,726 -363,892 -212,857 52,975 48,820 144,368 223,384
Net income 1 -114,199 -133,828 -372,884 -339,473 -162,442 -148,135 -5,024 56,616
Net Debt 1 -533,849 -1,007,389 57,319 -514,708 -998,148 -3,818,201 -3,848,966 -3,802,785
Reference price 2 994.00 1,154.00 596.00 628.00 858.90 981.00 981.00 981.00
Nbr of stocks (in thousands) 1,361,273 1,581,362 1,590,060 2,141,675 2,153,631 2,169,310 2,169,310 -
Announcement Date 2/12/21 2/14/22 2/14/23 2/14/24 2/14/25 - - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-14.06x-0.68x-4.74x-.--% 13.47B
22.96x6.43x14.71x0.88% 713B
34.47x9.05x29.22x-.--% 402B
15.74x3.42x20.43x-.--% 176B
13.92x15.92x154.66x0.29% 136B
59.4x4.86x37.3x-.--% 104B
91.27x6.3x31.28x-.--% 88.49B
31.68x5.63x16.03x-.--% 79.23B
11.08x5.3x58.46x0.36% 51.18B
16.8x1.93x9.27x0.3% 43.69B
Average 28.33x 5.82x 36.66x 0.18% 180.76B
Weighted average by Cap. 29.20x 7.11x 32.15x 0.39%
See all sector valuations

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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  4. Valuation Rakuten Group, Inc.