Valuation Starts Corporation Inc.

Stocks

Market Closed - Japan Exchange 02:30:00 2026-10-30 EDT			5-day change	1st Jan Change
4,510.00 ^JPY	+1.23%		-1.10%	-5.75%

08-07	Starts Corporation Inc. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2027	CI
08-07	Starts Corporation Inc. Reports Earnings Results for the First Quarter Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	119,131	126,300	169,376	194,964	228,817	213,789	-	-
Change	-	6.02%	34.11%	15.11%	17.36%	-6.57%	-	-
Enterprise Value (EV)	119,529	106,724	148,771	165,525	211,997	213,789	213,789	213,789
Change	-	-10.71%	39.4%	11.26%	28.08%	0.85%	0%	0%
P/E	7.21x	6.25x	7.67x	7.98x	9.02x	7.77x	7.34x	6.91x
PBR	0.95x	0.89x	1.04x	1.08x	1.19x	1.02x	0.93x	0.84x
PEG	-	0.3x	0.83x	0.8x	1.29x	0.8x	1.25x	1.12x
Capitalization / Revenue	0.61x	0.54x	0.73x	0.84x	0.91x	0.75x	0.73x	0.7x
EV / Revenue	0x	0x	0x	0x	0x	0.75x	0.73x	0.7x
EV / EBITDA	0x	0x	0x	0x	-	4.55x	4.41x	4.15x
EV / EBIT	0x	0x	0x	0x	0x	5.25x	4.97x	4.67x
EV / FCF	0x	0x	0x	0x	0x	8.38x	8.16x	15,381x
FCF Yield	5.99%	18.6%	5.46%	8.42%	1.26%	11.9%	12.3%	0.01%
Dividend per Share ²	73	93	105	120	140	151.5	156	162
Rate of return	3.04%	3.66%	3.08%	3.06%	2.95%	3.36%	3.46%	3.59%
EPS ²	332.8	407.1	444.8	492.2	526.6	580.1	614.2	652.3
Distribution rate	21.9%	22.8%	23.6%	24.4%	26.6%	26.1%	25.4%	24.8%
Net sales ¹	196,578	233,871	233,408	232,978	251,911	285,500	291,500	305,000
EBITDA ¹	29,304	33,838	36,853	39,362	-	47,000	48,500	51,500
EBIT ¹	24,182	28,095	30,498	32,622	36,272	40,750	43,000	45,750
Net income ¹	16,772	20,218	22,095	24,274	25,311	27,600	29,100	30,900
Net Debt	398	-19,576	-20,605	-29,439	-16,820	-	-	-
Reference price ²	2,399.00	2,543.00	3,410.00	3,925.00	4,750.00	4,510.00	4,510.00	4,510.00
Nbr of stocks (in thousands)	49,659	49,666	49,670	49,672	48,172	47,403	-	-
Announcement Date	5/10/22	5/12/23	5/10/24	5/12/25	5/11/26	-	-	-