Company Valuation: Toei Company, Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 210,370 212,343 232,776 313,273 368,673 373,675 - -
Change - 0.94% 9.62% 34.58% 17.68% 1.36% - -
Enterprise Value (EV) 1 146,659 134,295 141,820 225,235 265,280 246,573 198,027 147,285
Change - -8.43% 5.6% 58.82% 17.78% -7.05% -19.69% -25.62%
P/E 23.4x 14.1x 16.7x 19.9x 15.8x 22.5x 18.4x 18.4x
PBR 1.05x 1x 0.98x 1.18x 1.27x 1.22x 0.99x 0.93x
PEG - 0.2x -2.41x 1.6x 0.3x -0.8x 0.8x 154.76x
Capitalization / Revenue 1.79x 1.22x 1.36x 1.74x 1.99x 1.92x 1.69x 1.66x
EV / Revenue 1.25x 0.77x 0.83x 1.25x 1.43x 1.27x 0.9x 0.65x
EV / EBITDA 6.88x 3.38x 4.3x 5.7x 6.54x 6.03x 4.2x 2.94x
EV / EBIT 8.23x 3.7x 4.83x 6.41x 7.35x 6.81x 4.42x 3.26x
EV / FCF -43.4x 6.88x 11.6x 9.95x 12x 9.46x 7.29x 4.98x
FCF Yield -2.31% 14.5% 8.65% 10.1% 8.31% 10.6% 13.7% 20.1%
Dividend per Share 2 12 26 27 18 36 19.87 26.25 25.46
Rate of return 0.35% 0.76% 0.72% 0.36% 0.61% 0.33% 0.44% 0.43%
EPS 2 144.7 242.5 225.7 254 374.3 265.7 325.2 325.6
Distribution rate 8.3% 10.7% 12% 7.09% 9.62% 7.48% 8.07% 7.82%
Net sales 1 117,539 174,358 171,345 179,922 185,333 194,600 220,493 225,290
EBITDA 1 21,304 39,760 33,007 39,485 40,540 40,875 47,113 50,161
EBIT 1 17,810 36,339 29,342 35,155 36,096 36,200 44,851 45,224
Net income 1 8,977 15,025 13,971 15,722 23,320 16,600 20,303 20,316
Net Debt 1 -63,711 -78,048 -90,956 -88,038 -103,393 -127,101 -175,647 -226,390
Reference price 2 3,390.00 3,430.00 3,760.00 5,060.00 5,900.00 5,980.00 5,980.00 5,980.00
Nbr of stocks (in thousands) 62,056 61,908 61,909 61,912 62,487 62,487 - -
Announcement Date 5/16/22 5/15/23 5/15/24 5/14/25 5/15/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.97x2.46x10.42x2.85% 14.19B
41.5x3.13x7.93x1.62% 14.12B
33.99x1.98x16.61x2.28% 12.59B
24.93x4.6x14.34x1.64% 3.64B
15.87x1.05x8.63x2% 3.56B
41.26x6.63x14.97x-.--% 2.89B
22.51x1.27x6.03x0.33% 2.35B
Average 28.43x 3.02x 11.28x 1.53% 7.62B
Weighted average by Cap. 30.04x 2.75x 11.42x 1.98%

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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