Company Valuation: Systena Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 166,966 112,358 105,384 129,042 147,629 149,417 - -
Change - -32.71% -6.21% 22.45% 14.4% 1.21% - -
Enterprise Value (EV) 1 146,859 88,875 76,039 107,899 120,659 113,763 105,869 149,417
Change - -39.48% -14.44% 41.9% 11.83% -5.72% -6.94% 41.13%
P/E 27.9x 15.4x 14.6x 15.6x 13x 13.2x 11.7x 11.3x
PBR 5.61x 3.29x 2.77x 3.97x 3.73x 3.27x 2.87x 2.79x
PEG - 0.7x -12.54x 0.6x 0.4x 45.3x 1x 2.97x
Capitalization / Revenue 2.56x 1.51x 1.37x 1.54x 1.56x 1.53x 1.43x 1.32x
EV / Revenue 2.25x 1.19x 0.99x 1.29x 1.28x 1.16x 1.01x 1.32x
EV / EBITDA 15.4x 8.61x 7.39x 8.61x 7.63x 6.54x 5.43x 6.95x
EV / EBIT 16.1x 9.03x 7.83x 8.94x 7.85x 6.95x 5.81x 7.58x
EV / FCF 29.5x 15.8x 8.66x 14.1x 9.43x 9.28x 7.94x -
FCF Yield 3.39% 6.34% 11.6% 7.1% 10.6% 10.8% 12.6% -
Dividend per Share 2 6 8 10 12 14 17.5 19.33 22
Rate of return 1.39% 2.76% 3.68% 3.32% 3.39% 4.19% 4.63% 5.26%
EPS 2 15.47 18.89 18.67 23.17 31.65 31.74 35.64 37
Distribution rate 38.8% 42.4% 53.6% 51.8% 44.2% 55.1% 54.2% 59.5%
Net sales 1 65,272 74,526 76,940 83,621 94,400 97,675 104,493 113,460
EBITDA 1 9,535 10,322 10,289 12,527 15,819 17,394 19,480 21,510
EBIT 1 9,106 9,844 9,713 12,067 15,367 16,375 18,223 19,700
Net income 1 5,992 7,317 7,232 8,480 11,312 11,345 12,743 13,220
Net Debt 1 -20,107 -23,483 -29,345 -21,143 -26,970 -35,653 -43,547 -
Reference price 2 431.00 290.00 272.00 361.00 413.00 418.00 418.00 418.00
Nbr of stocks (in thousands) 387,393 387,441 387,441 357,456 357,456 357,456 - -
Announcement Date 5/11/22 5/11/23 5/13/24 5/13/25 5/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.17x1.16x6.54x4.19% 948M
23.41x3.77x13.18x2.86% 222B
-111.07x17.66x101.98x-.--% 110B
12.64x1.4x7.33x3.8% 104B
15.63x2.86x10.8x5.26% 91.82B
21.26x5.54x13.6x2.68% 63.87B
15.38x2.25x9.53x5.08% 50B
18.39x2.36x11.32x4.73% 38.42B
20.66x1.52x9.63x0.92% 38.98B
19.65x1.6x9.8x1.49% 38.35B
Average 4.91x 4.01x 19.37x 3.1% 75.89B
Weighted average by Cap. 0.22x 5.09x 24.28x 2.93%

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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