Company Valuation: Sobal Corporation

Data adjusted to current consolidation scope
Fiscal Period: February 2021 2022 2023 2024 2025 2026
Market Cap 1 7,309 8,261 8,040 7,749 7,143 7,151
Change - 13.02% -2.67% -3.62% -7.82% 0.11%
Enterprise Value (EV) 1 5,017 5,800 4,915 4,804 3,342 3,344
Change - 15.61% -15.25% -2.26% -30.43% 0.06%
P/E 19.3x 18.5x 11.8x 15.1x 16.5x 15.5x
PBR 2.26x 2.41x 2.06x 1.86x 1.65x 1.58x
PEG - 1x 0.2x -0.6x -1x 2.39x
Capitalization / Revenue 0.97x 1.01x 0.99x 0.95x 0.82x 0.8x
EV / Revenue 0.67x 0.71x 0.6x 0.59x 0.38x 0.37x
EV / EBITDA 18.4x 9.38x 7.48x 7x 5.11x 4.95x
EV / EBIT 20x 9.62x 7.63x 7.16x 5.46x 5.05x
EV / FCF 35.6x 15.3x 8.56x -81.9x 3.73x 12x
FCF Yield 2.81% 6.52% 11.7% -1.22% 26.8% 8.36%
Dividend per Share 2 32 32 33 33 33 33
Rate of return 3.44% 3.05% 3.23% 3.35% 3.63% 3.63%
EPS 2 48.05 56.82 86.82 65.21 54.91 58.47
Distribution rate 66.6% 56.3% 38% 50.6% 60.1% 56.4%
Net sales 1 7,531 8,163 8,159 8,169 8,682 8,976
EBITDA 1 272 618 657 686 654 675
EBIT 1 251 603 644 671 612 662
Net income 1 378 447 683 513 432 460
Net Debt 1 -2,292 -2,461 -3,125 -2,945 -3,801 -3,807
Reference price 2 929.00 1,050.00 1,022.00 985.00 908.00 909.00
Nbr of stocks (in thousands) 7,867 7,867 7,867 7,867 7,867 7,867
Announcement Date 5/21/21 5/25/22 5/25/23 5/30/24 5/28/25 5/22/26
1JPY in Million2JPY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 45.22M
27.05x9.07x16.08x1.02% 25.36B
19.24x3.69x9.28x1.41% 18.56B
22.22x0.65x6.43x1.61% 11.09B
19.37x0.73x9.79x2.93% 7.79B
14.53x1.27x7.1x1.39% 4.61B
22.22x1.52x10.17x2.25% 4.5B
69.78x2.66x46.77x0.68% 2.03B
24.52x1x11.74x0.43% 1.86B
Average 27.37x 2.57x 14.67x 1.47% 8.43B
Weighted average by Cap. 23.68x 4.37x 12.18x 1.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Sobal Corporation