Company Valuation: Round One Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 128,860 145,395 212,097 260,330 214,925 309,138 - -
Change - 12.83% 45.88% 22.74% -17.44% 43.84% - -
Enterprise Value (EV) 1 153,063 199,245 259,276 315,160 347,968 403,263 426,120 426,919
Change - 30.17% 30.13% 21.55% 10.41% 15.89% 5.67% 0.19%
P/E 32.2x 15x 13.6x 16.5x 12.9x 16.1x 13.4x 11.9x
PBR 2.37x 2.35x 3.02x 3.58x 2.62x 3.44x 3.03x 2.87x
PEG - 0x 0.2x 5.56x 2.15x 1x 0.7x 0.9x
Capitalization / Revenue 1.34x 1.02x 1.33x 1.47x 1.13x 1.44x 1.32x 1.2x
EV / Revenue 1.59x 1.4x 1.63x 1.78x 1.84x 1.88x 1.82x 1.66x
EV / EBITDA 10.4x 5.42x 5.73x 6.23x 4.83x 5.26x 5.06x 4.67x
EV / EBIT -88.7x 11.8x 10.7x 11.7x 12.1x 12x 11.1x 9.87x
EV / FCF 7.72x 8.33x 8.86x 39.6x 11.9x 9.21x 13.1x 11.8x
FCF Yield 13% 12% 11.3% 2.53% 8.4% 10.9% 7.66% 8.44%
Dividend per Share 2 6.667 8 12 16 18 18 21.67 24.53
Rate of return 1.48% 1.57% 1.52% 1.62% 2.2% 1.53% 1.84% 2.09%
EPS 2 14 34.03 57.99 59.71 63.3 73.1 87.47 98.73
Distribution rate 47.6% 23.5% 20.7% 26.8% 28.4% 24.6% 24.8% 24.8%
Net sales 1 96,421 142,051 159,181 177,057 189,548 214,028 234,656 257,343
EBITDA 1 14,719 36,744 45,257 50,564 72,049 76,620 84,237 91,395
EBIT 1 -1,726 16,921 24,195 27,006 28,773 33,480 38,309 43,250
Net income 1 3,937 9,737 15,666 16,032 16,621 18,901 22,672 25,942
Net Debt 1 24,203 53,850 47,179 54,830 133,043 94,125 116,982 117,781
Reference price 2 450.00 511.00 787.00 985.00 817.60 1,176.00 1,176.00 1,176.00
Nbr of stocks (in thousands) 286,355 284,529 269,501 264,294 262,873 262,873 - -
Announcement Date 5/11/22 5/9/23 5/8/24 5/9/25 5/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.09x1.88x5.26x1.53% 1.89B
-50.25x3.6x15.23x-.--% 4.88B
6.09x0.21x2.28x2.4% 4B
31.73x - - - 1.42B
8.34x1.61x5.3x5.61% 1.23B
22.08x - - 1.29% 966M
-43.68x2.09x7.58x3.49% 940M
Average -1.37x 1.88x 7.13x 2.39% 2.19B
Weighted average by Cap. -10.10x 2.00x 8.27x 1.72%

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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