Company Valuation: Takeda Pharmaceutical Company Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,423,454 6,762,204 6,564,378 6,749,675 8,948,061 9,261,201 - -
Change - 24.68% -2.93% 2.82% 32.57% 3.5% - -
Enterprise Value (EV) 1 8,919,170 10,611,015 10,950,330 10,725,175 5,130,461 13,167,718 12,964,408 12,657,368
Change - 18.97% 3.2% -2.06% -52.16% 156.66% -1.54% -2.37%
P/E 23.8x 21.3x 45.4x 64.6x 46.4x 46.3x 29.7x 24.3x
PBR 0.95x 1.06x 0.9x 1x 1.2x 1.24x 1.24x 1.24x
PEG - 0.5x -0.8x -2.5x 0.6x 16.73x 0.5x 1.1x
Capitalization / Revenue 1.52x 1.68x 1.54x 1.47x 1.99x 1.97x 1.94x 1.89x
EV / Revenue 2.5x 2.63x 2.57x 2.34x 1.14x 2.8x 2.72x 2.59x
EV / EBITDA 8.54x 9.19x 11.6x 9.71x 4.54x 9.9x 9.13x 8.53x
EV / EBIT 19.4x 21.6x 51.1x 31.3x 12.6x 29.4x 21.8x 18.4x
EV / FCF 8.92x 28.7x 43.4x 15.5x 8.14x 18.4x 18.5x 17.3x
FCF Yield 11.2% 3.49% 2.31% 6.43% 12.3% 5.43% 5.4% 5.78%
Dividend per Share 2 180 180 188 196 200 204.3 208.4 214.9
Rate of return 5.15% 4.14% 4.49% 4.44% 3.53% 3.52% 3.59% 3.71%
EPS 2 147.1 204.3 92.09 68.36 122 125.4 195.3 238.8
Distribution rate 122% 88.1% 204% 287% 164% 163% 107% 90%
Net sales 1 3,569,006 4,027,478 4,263,762 4,581,600 4,505,700 4,694,598 4,772,892 4,892,621
EBITDA 1 1,043,995 1,154,905 942,077 1,103,982 1,129,888 1,330,479 1,420,133 1,484,285
EBIT 1 460,844 490,505 214,100 342,600 408,800 448,525 595,763 686,473
Net income 1 230,059 317,017 144,067 107,900 191,800 195,073 318,478 377,294
Net Debt 1 3,495,716 3,848,811 4,385,952 3,975,500 -3,817,600 3,906,517 3,703,207 3,396,167
Reference price 2 3,498.00 4,350.00 4,184.00 4,413.00 5,664.00 5,800.00 5,800.00 5,800.00
Nbr of stocks (in thousands) 1,550,444 1,554,530 1,568,924 1,529,498 1,579,813 1,596,759 - -
Announcement Date 5/11/22 5/11/23 5/9/24 5/8/25 5/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.44x12.14x24.6x0.59% 1,047B
29.82x - - 2% 646B
32.61x7.57x15.74x2.68% 451B
19.99x4.75x11.76x2.79% 355B
21.76x5.62x13.93x2.85% 291B
20.88x4.29x12.24x2.06% 252B
27.35x7.07x12.56x2.33% 234B
13.25x4.77x9.95x3.83% 203B
-44.51x6.43x25.11x2.26% 181B
Average 17.17x 6.58x 15.74x 2.38% 406.59B
Weighted average by Cap. 24.24x 8.07x 17.81x 1.97%

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

  1. Stock Market
  2. Stocks
  3. 4502 Stock
  4. TKD Stock
  5. Valuation Takeda Pharmaceutical Company Limited