Company Valuation: Shimadzu Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,247,857 1,219,940 1,246,677 1,081,847 1,065,901 1,214,416 - -
Change - -2.24% 2.19% -13.22% -1.47% 13.93% - -
Enterprise Value (EV) 1 1,091,600 1,071,936 1,093,306 950,180 909,068 1,113,095 1,082,954 1,049,208
Change - -1.8% 1.99% -13.09% -4.33% 22.44% -2.71% -3.12%
P/E 26.4x 23.4x 21.9x 20.3x 17.6x 21x 19.3x 17.5x
PBR 3.27x 2.88x 2.53x 2.16x 1.89x 2.07x 1.94x 1.78x
PEG - 2.3x 2.29x -3.93x 1.3x -4.53x 2.07x 1.7x
Capitalization / Revenue 2.91x 2.53x 2.44x 2.01x 1.9x 2.01x 1.9x 1.8x
EV / Revenue 2.55x 2.22x 2.14x 1.76x 1.62x 1.85x 1.7x 1.55x
EV / EBITDA 13.6x 12.5x 12x 10.4x 9.66x 10.7x 9.43x 8.39x
EV / EBIT 17.1x 15.7x 15x 13.2x 12.3x 14.3x 12.8x 11.1x
EV / FCF 19x 41.6x 77.4x 33x 23.4x -44.9x 23.1x 19.7x
FCF Yield 5.25% 2.41% 1.29% 3.03% 4.27% -2.23% 4.32% 5.07%
Dividend per Share 2 48 54 60 66 69 69.82 75.54 81.33
Rate of return 1.13% 1.3% 1.42% 1.77% 1.87% 1.66% 1.8% 1.94%
EPS 2 160.5 176.6 193.5 183.6 209.4 199.7 218.3 240.8
Distribution rate 29.9% 30.6% 31% 36% 33% 35% 34.6% 33.8%
Net sales 1 428,175 482,240 511,895 539,047 560,728 602,711 637,745 674,847
EBITDA 1 80,011 85,743 91,304 91,615 94,083 103,939 114,887 125,113
EBIT 1 63,806 68,219 72,753 71,720 73,702 77,975 84,791 94,128
Net income 1 47,289 52,048 57,037 53,776 60,499 57,521 62,884 69,302
Net Debt 1 -156,257 -148,004 -153,371 -131,667 -156,833 -101,321 -131,461 -165,208
Reference price 2 4,235.00 4,140.00 4,230.00 3,730.00 3,689.00 4,203.00 4,203.00 4,203.00
Nbr of stocks (in thousands) 294,653 294,672 294,723 290,039 288,940 288,940 - -
Announcement Date 5/10/22 5/10/23 5/10/24 5/12/25 5/12/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.05x1.85x10.71x1.66% 7.48B
29.5x6.84x21.86x-.--% 26.98B
338.58x - - - 4.15B
39.04x2.48x15.37x1.66% 2.83B
20.04x2.29x11.38x1.54% 2.6B
37.37x9x35.47x1.15% 1.68B
35.04x7.15x24.88x0.24% 1.21B
28.82x2.98x14.37x0.86% 943M
13.03x - - - 793M
Average 62.50x 4.66x 19.15x 1.02% 5.41B
Weighted average by Cap. 54.74x 5.44x 19.36x 0.55%

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

  1. Stock Market
  2. Stocks
  3. 7701 Stock
  4. Valuation Shimadzu Corporation