Company Valuation: SMN Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 9,961 8,031 6,644 5,816 5,763 5,661
Change - -19.37% -17.27% -12.47% -0.91% -1.77%
Enterprise Value (EV) 1 9,648 7,461 5,523 4,622 3,362 2,537
Change - -22.67% -25.97% -16.32% -27.27% -24.54%
P/E -261x -34.9x -55.2x -5.65x 19.8x 13x
PBR 2.19x 1.84x 1.42x 1.59x 1.45x 1.28x
PEG - -0x 1.1x -0x -0x 0.3x
Capitalization / Revenue 0.82x 0.6x 0.58x 0.62x 0.5x 0.46x
EV / Revenue 0.8x 0.56x 0.48x 0.5x 0.29x 0.21x
EV / EBITDA 10.3x 7.39x 6.61x 4.93x 4.26x 2.34x
EV / EBIT 31.7x 58.3x 307x 45.3x 14.1x 4.52x
EV / FCF -28.7x 30.4x 34.7x 55.2x 3.61x 3.97x
FCF Yield -3.49% 3.29% 2.88% 1.81% 27.7% 25.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -2.932 -17.39 -8.29 -70.75 19.98 29.69
Distribution rate - - - - - -
Net sales 1 12,115 13,363 11,442 9,336 11,640 12,348
EBITDA 1 933 1,009 836 937 790 1,082
EBIT 1 304 128 18 102 239 561
Net income 1 -38 -228 -117 -1,028 291 434
Net Debt 1 -313 -570 -1,121 -1,194 -2,401 -3,124
Reference price 2 766.00 607.00 458.00 400.00 395.00 387.00
Nbr of stocks (in thousands) 13,004 13,231 14,507 14,540 14,589 14,627
Announcement Date 6/24/21 6/23/22 6/23/23 6/26/24 6/20/25 6/24/26
1JPY in Million2JPY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.24x4.07x9.41x1.34% 506B
19.91x5.9x17.73x-.--% 297B
21.45x2.49x12.67x-.--% 142B
3.2x88.24x2.46x0.13% 115B
36.73x4.29x28x-.--% 105B
28.15x5.43x15.26x-.--% 88.19B
10.07x7.23x86.88x0.68% 86.09B
73.2x4.32x20.58x-.--% 82.01B
7.52x2.87x59.42x0.8% 32.37B
Average 23.94x 13.87x 28.05x 0.33% 161.47B
Weighted average by Cap. 20.98x 11.21x 18.91x 0.53%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA