Company Valuation: SMC Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,498,029 4,504,091 5,444,322 3,382,361 3,780,140 4,253,702 - -
Change - 0.13% 20.88% -37.87% 11.76% 12.53% - -
Enterprise Value (EV) 1 3,812,519 3,892,781 4,946,102 2,731,623 3,121,362 3,558,561 3,494,499 3,399,179
Change - 2.11% 27.06% -44.77% 14.27% 14.01% -1.8% -2.73%
P/E 23.5x 20.3x 30.7x 21.7x 22.7x 19.4x 18.3x 17.4x
PBR 2.89x 2.65x 2.89x 1.75x 1.79x 1.93x 1.81x 1.7x
PEG - 1.1x -1.6x -1.9x 2.84x 0.6x 2.92x 3.63x
Capitalization / Revenue 6.18x 5.46x 7.01x 4.27x 4.49x 3.96x 3.63x 3.48x
EV / Revenue 5.24x 4.72x 6.37x 3.45x 3.7x 3.31x 2.98x 2.78x
EV / EBITDA 15.3x 13.7x 21.5x 12.2x 13.3x 10.6x 9.6x 8.9x
EV / EBIT 16.7x 15.1x 25.2x 14.4x 16.4x 13.2x 11.8x 11.1x
EV / FCF 95.6x 268x -147x 11.8x 38.3x 21.1x 18x 15.1x
FCF Yield 1.05% 0.37% -0.68% 8.49% 2.61% 4.73% 5.56% 6.64%
Dividend per Share 2 750 900 950 1,000 1,000 1,059 1,169 1,238
Rate of return 1.09% 1.29% 1.12% 1.88% 1.67% 1.57% 1.73% 1.83%
EPS 2 2,924 3,445 2,767 2,445 2,640 3,487 3,705 3,883
Distribution rate 25.7% 26.1% 34.3% 40.9% 37.9% 30.4% 31.5% 31.9%
Net sales 1 727,397 824,772 776,873 792,108 842,500 1,074,458 1,170,829 1,222,383
EBITDA 1 248,414 283,967 229,581 224,552 235,300 335,607 364,092 381,864
EBIT 1 227,857 258,200 196,226 190,244 190,500 270,011 295,185 306,116
Net income 1 192,991 224,609 178,321 156,344 167,300 219,176 232,105 241,930
Net Debt 1 -685,510 -611,310 -498,220 -650,738 -658,778 -695,140 -759,203 -854,523
Reference price 2 68,840.00 69,830.00 84,830.00 53,070.00 59,870.00 67,660.00 67,660.00 67,660.00
Nbr of stocks (in thousands) 65,340 64,501 64,179 63,734 63,139 62,869 - -
Announcement Date 5/13/22 5/15/23 5/14/24 5/14/25 5/14/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
31.06x5.51x20.11x0.84% 121B
33x5.23x19.83x1.62% 93.93B
28.63x3.27x18.9x0.73% 62.7B
40.08x8.12x23.76x-.--% 58.24B
39.74x6.2x27.32x1.92% 57.8B
26.75x4.91x17.2x2.25% 34.86B
20.5x1.75x12.62x2.29% 29.83B
31.01x4.1x15.48x0.11% 30.21B
19.15x3.26x10.44x1.59% 26.55B
Average 29.99x 4.71x 18.41x 1.26% 57.27B
Weighted average by Cap. 31.59x 5.10x 19.73x 1.17%

Y-o-Y evolution of P/E

Valuation ratios - P/E - SMC Corporation

Historical PBR trend

Valuation ratios - PBR - SMC Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - SMC Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - SMC Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - SMC Corporation