Company Valuation: The Yokohama Rubber Company, Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 296,015 330,717 519,696 542,238 948,904 1,164,319 - -
Change - 11.72% 57.14% 4.34% 75% 22.7% - -
Enterprise Value (EV) 1 425,744 493,846 891,439 980,238 1,377,283 1,618,263 1,511,616 1,434,915
Change - 16% 80.51% 9.96% 40.5% 17.5% -6.59% -5.07%
P/E 4.51x 7.19x 7.71x 7.27x 9x 9.64x 8.9x 7.85x
PBR 0.56x 0.54x 0.7x 0.61x 0.92x 1.04x 0.95x 0.85x
PEG - -0.2x 0.2x 0.6x 0.2x 0.7x 1.08x 0.6x
Capitalization / Revenue 0.44x 0.38x 0.53x 0.5x 0.77x 0.88x 0.84x 0.81x
EV / Revenue 0.63x 0.57x 0.9x 0.9x 1.12x 1.22x 1.09x 0.99x
EV / EBITDA 3.3x 4.16x 5.58x 5.29x 6.08x 5.98x 5.36x 4.7x
EV / EBIT 5.09x 7.17x 8.88x 8.22x 9.01x 8.27x 7.49x 6.45x
EV / FCF 6.67x -69.3x -4.84x 10.5x - 22.2x 14.3x 11.3x
FCF Yield 15% -1.44% -20.7% 9.5% - 4.5% 6.98% 8.88%
Dividend per Share 2 65 66 84 50 134 218 249.8 299.6
Rate of return 3.53% 3.21% 2.6% 1.47% 2.23% 2.95% 3.38% 4.06%
EPS 2 408.5 286.4 419.3 467.8 668.6 765.9 829.3 940.1
Distribution rate 15.9% 23% 20% 10.7% 20% 28.5% 30.1% 31.9%
Net sales 1 670,809 860,477 985,333 1,094,700 1,234,959 1,324,551 1,384,524 1,442,194
EBITDA 1 129,196 118,765 159,845 185,314 226,523 270,732 281,913 305,201
EBIT 1 83,636 68,851 100,351 119,200 152,901 195,704 201,764 222,580
Net income 1 65,500 45,918 67,234 74,900 105,398 120,247 129,028 143,941
Net Debt 1 129,729 163,129 371,743 438,000 428,379 453,944 347,297 270,595
Reference price 2 1,843.00 2,058.00 3,233.00 3,400.00 6,017.00 7,383.00 7,383.00 7,383.00
Nbr of stocks (in thousands) 160,616 160,698 160,747 159,482 157,704 157,703 - -
Announcement Date 2/17/22 2/17/23 2/16/24 2/19/25 2/19/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.64x1.22x5.98x2.95% 7.17B
13.23x1.01x5.61x4.03% 26.43B
12.14x0.93x4.95x3.91% 26.27B
8.84x - - 3.44% 5.76B
8.51x0.88x5.1x3.32% 5.3B
14.05x - - 4.83% 5.05B
8.45x0.84x3.85x3.78% 3.56B
9.68x0.63x4.98x4.22% 3.42B
173.76x - - - 3.36B
-16.07x0.4x4.76x-.--% 1.85B
Average 24.22x 0.84x 5.03x 3.39% 8.82B
Weighted average by Cap. 17.26x 0.95x 5.24x 3.77%

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. 5101 Stock
  4. Valuation The Yokohama Rubber Company, Limited