Company Valuation: Shofu Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 27,769 35,916 52,129 75,036 59,648 84,266 - -
Change - 29.34% 45.14% 43.94% -20.51% 41.27% - -
Enterprise Value (EV) 1 20,183 27,526 42,694 64,144 49,527 75,120 73,105 72,135
Change - 36.38% 55.11% 50.24% -22.79% 51.68% -2.68% -1.33%
P/E 10.9x 11.5x 14.2x 17.4x 12.2x 17.6x 15.3x 14.9x
PBR 0.85x 1.02x 1.26x 1.76x 1.23x 1.74x 1.57x 1.49x
PEG - 0.5x 0.8x 1x 0.9x -7.08x 1x 5.28x
Capitalization / Revenue 0.99x 1.13x 1.49x 1.94x 1.49x 1.97x 1.84x 1.71x
EV / Revenue 0.72x 0.87x 1.22x 1.66x 1.24x 1.76x 1.6x 1.46x
EV / EBITDA 4.9x 5.74x 7.26x 9.94x 7.7x 10.6x 8.77x 7.93x
EV / EBIT 6.27x 7.2x 9.07x 11.9x 9.48x 12.6x 10.9x 9.84x
EV / FCF - 14.6x 23.6x 25.3x -47.5x 53.8x 16.5x 20x
FCF Yield - 6.83% 4.23% 3.95% -2.1% 1.86% 6.06% 5%
Dividend per Share 2 19.5 28.5 31 49 60 60.33 68.33 74
Rate of return 2.5% 2.81% 2.11% 2.32% 3.58% 2.55% 2.89% 3.13%
EPS 2 71.61 88.05 103.1 121.5 137.4 134 154.7 159.1
Distribution rate 27.2% 32.4% 30.1% 40.3% 43.7% 45% 44.2% 46.5%
Net sales 1 28,137 31,678 35,080 38,698 39,994 42,707 45,803 49,362
EBITDA 1 4,118 4,795 5,877 6,451 6,436 7,100 8,333 9,100
EBIT 1 3,217 3,824 4,709 5,392 5,226 5,944 6,726 7,328
Net income 1 2,546 3,135 3,655 4,317 4,887 4,768 5,507 5,663
Net Debt 1 -7,586 -8,390 -9,435 -10,892 -10,121 -9,146 -11,162 -12,132
Reference price 2 780.50 1,014.50 1,469.00 2,111.00 1,676.00 2,363.00 2,363.00 2,363.00
Nbr of stocks (in thousands) 35,578 35,402 35,486 35,545 35,589 35,661 - -
Announcement Date 5/11/22 5/10/23 5/9/24 5/9/25 5/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.64x1.76x10.58x2.55% 530M
30.58x4.07x12.97x4.76% 14.94B
12.73x - - 2.83% 4.61B
44.9x - - 0.56% 3.27B
16.59x - - 3.06% 2.51B
19.89x - - - 1.86B
22.57x1.39x9.06x1.99% 1.29B
23.27x2.65x10.36x0.94% 1.09B
18.42x3.23x9.6x6.37% 974M
Average 22.95x 2.62x 10.51x 2.88% 3.45B
Weighted average by Cap. 26.47x 3.69x 12.31x 3.59%

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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