Company Valuation: UBE Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 193,256 199,381 264,658 211,145 236,150 346,806 - -
Change - 3.17% 32.74% -20.22% 11.84% 46.86% - -
Enterprise Value (EV) 1 355,576 386,349 441,731 425,712 538,488 700,656 704,406 657,656
Change - 8.65% 14.33% -3.63% 26.49% 30.12% 0.54% -6.64%
P/E 8.01x -28.4x 9.13x -43.8x 9.89x 14.5x 12.1x 11x
PBR 0.52x 0.55x 0.65x 0.53x 0.54x 0.77x 0.75x 0.73x
PEG - 0x -0x 0x -0x 70.33x 0.6x 1.1x
Capitalization / Revenue 0.29x 0.4x 0.57x 0.43x 0.51x 0.71x 0.72x 0.76x
EV / Revenue 0.54x 0.78x 0.94x 0.87x 1.16x 1.44x 1.47x 1.44x
EV / EBITDA 4.41x 9.26x 9.01x 9.42x 11.6x 11.8x 10x 8.91x
EV / EBIT 8.07x 23.7x 19.7x 23.6x 28.4x 34.5x 26.1x 23.8x
EV / FCF -33.3x -49x 22.5x -17.2x -6.71x -17.6x 54.8x 10.2x
FCF Yield -3% -2.04% 4.45% -5.83% -14.9% -5.69% 1.82% 9.78%
Dividend per Share 2 95 95 105 110 110 160 166.7 173.3
Rate of return 4.76% 4.62% 3.85% 5.06% 4.52% 4.48% 4.67% 4.86%
EPS 2 249.3 -72.25 298.6 -49.6 245.8 246.3 295 325
Distribution rate 38.1% -131% 35.2% -222% 44.8% 65% 56.5% 53.3%
Net sales 1 655,265 494,738 468,237 486,802 462,343 485,433 478,933 458,233
EBITDA 1 80,544 41,700 49,028 45,216 46,400 59,350 70,250 73,850
EBIT 1 44,038 16,290 22,456 18,045 18,941 20,333 27,000 27,633
Net income 1 24,500 -7,006 28,981 -4,816 23,872 23,933 28,667 31,567
Net Debt 1 162,320 186,968 177,073 214,567 302,338 353,850 357,600 310,850
Reference price 2 1,997.00 2,055.00 2,726.50 2,174.50 2,431.00 3,570.00 3,570.00 3,570.00
Nbr of stocks (in thousands) 96,773 97,022 97,069 97,101 97,141 97,145 - -
Announcement Date 5/12/22 5/12/23 5/13/24 5/12/25 5/13/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.46x1.44x11.79x4.49% 2.17B
19.72x3.52x9.95x2.01% 69.96B
12.16x0.92x7.7x4.43% 51.66B
59.01x9.47x40.35x0.92% 17.65B
13.37x0.88x6.22x2.74% 13.93B
15.76x0.71x7.73x3.13% 10.18B
13.16x0.74x5.12x2.73% 9.99B
37.37x1.7x8.98x2.05% 9.47B
32.26x4.4x18.85x0.36% 8.04B
5.15x0.67x3.16x-.--% 7.16B
Average 22.24x 2.45x 11.98x 2.29% 20.02B
Weighted average by Cap. 21.02x 2.73x 11.52x 2.57%

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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