Company Valuation: SCAT Inc.

Data adjusted to current consolidation scope
Fiscal Period: October 2020 2021 2022 2023 2024 2025
Market Cap 1 1,936 2,169 1,689 1,294 1,100 1,439
Change - 12.02% -22.12% -23.37% -14.99% 30.74%
Enterprise Value (EV) 1 1,034 1,031 427 324.4 19.36 314.6
Change - -0.32% -58.57% -24.04% -94.03% 1,524.78%
P/E 27.3x 18x 17.9x 8.94x 10.8x 11.6x
PBR 0.88x 0.94x 0.78x 0.7x 0.57x 0.78x
PEG - 0.3x -1.5x 0x -0.3x 0.5x
Capitalization / Revenue 0.79x 0.87x 0.65x 0.47x 0.42x 0.55x
EV / Revenue 0.42x 0.42x 0.17x 0.12x 0.01x 0.12x
EV / EBITDA 4.24x 3.52x 1.17x 0.82x 0.06x 0.93x
EV / EBIT 7.95x 5.69x 1.91x 1.42x 0.13x 1.63x
EV / FCF -23.7x 4.31x 3.41x 1.28x 0.87x 4.56x
FCF Yield -4.22% 23.2% 29.3% 78.4% 115% 21.9%
Dividend per Share 2 6.667 7 8.5 9.5 13 14
Rate of return 1.49% 1.43% 1.97% 2.03% 3.35% 2.77%
EPS 2 16.38 27.35 24.14 52.48 35.79 43.58
Distribution rate 40.7% 25.6% 35.2% 18.1% 36.3% 32.1%
Net sales 1 2,462 2,483 2,587 2,742 2,594 2,605
EBITDA 1 244 293 366 394 325 340
EBIT 1 130 181 224 228 147 193
Net income 1 71 120 100 157 100 125
Net Debt 1 -902 -1,138 -1,262 -970 -1,081 -1,124
Reference price 2 446.67 491.00 431.00 469.00 388.00 505.00
Nbr of stocks (in thousands) 4,335 4,417 3,919 2,760 2,836 2,849
Announcement Date 1/28/21 1/27/22 1/30/23 1/31/24 1/31/25 1/26/26
1JPY in Million2JPY
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 11.82M
22.01x6.03x10.64x1.44% 405B
19.24x3.95x12.33x1.95% 184B
53.56x6.42x17.66x-.--% 111B
33.39x3.17x11.41x0.2% 42B
6.33x78.87x668.02x-.--% 33.28B
33x12.81x20.87x-.--% 29.01B
33.08x2.01x18.37x-.--% 17B
23.51x3.36x11.33x - 12.31B
77.12x7.37x31.58x-.--% 11.33B
Average 33.47x 13.78x 89.13x 0.45% 84.48B
Weighted average by Cap. 26.87x 8.49x 38.66x 1.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA