Company Valuation: Vertex Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 23,832 25,927 34,133 41,856 45,931 65,574 - -
Change - 8.79% 31.65% 22.62% 9.73% 42.77% - -
Enterprise Value (EV) 17,397 17,075 28,420 32,689 32,517 65,574 65,574 65,574
Change - -1.85% 66.44% 15.02% -0.53% 101.66% 0% 0%
P/E 6.35x 5.97x 9.19x 11.3x 9.58x 9.5x 12.5x 11.8x
PBR 0.91x 0.89x 1.09x 1.25x 1.27x 2.21x - -
PEG - 0.5x -0.7x 5.31x 0.3x 0x -0.3x 2.08x
Capitalization / Revenue 0.63x 0.69x 0.87x 1.14x 1.18x 2.1x 1.2x 1.15x
EV / Revenue 0x 0x 0x 0x 0x 1.42x 1.2x 1.15x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.44x 8.35x 7.9x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 15 13.33 15 20 30 35 40 43.5
Rate of return 3.31% 2.77% 2.32% 2.45% 3.29% 1.77% 3.01% 3.27%
EPS 2 71.4 80.48 70.43 71.93 95.3 208 106.4 112.4
Distribution rate 21% 16.6% 21.3% 27.8% 31.5% 16.8% 37.6% 38.7%
Net sales 1 37,763 37,514 39,095 36,833 38,918 46,519 54,550 56,950
EBITDA - - 6,467 6,799 - - - -
EBIT 1 5,290 6,143 5,560 5,727 6,285 7,058 7,850 8,300
Net income 1 3,759 4,242 3,742 3,728 4,826 10,315 5,250 5,550
Net Debt -6,435 -8,852 -5,713 -9,167 -13,414 - - -
Reference price 2 453.17 480.67 647.00 816.00 913.00 1,329.00 1,329.00 1,329.00
Nbr of stocks (in thousands) 52,591 53,940 52,756 51,294 50,307 49,341 - -
Announcement Date 5/13/21 5/12/22 5/11/23 5/10/24 5/14/25 5/14/26 - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.79x - - 2.46% 407M
21.75x2.91x11.43x2.4% 52.69B
23.87x3.32x12.01x-.--% 14.02B
10.85x0.48x2.11x4.64% 13.38B
13.9x3.65x7.35x5.61% 13.16B
9.85x1.52x5.73x1.65% 9.6B
51.89x4.26x19.33x0.54% 9.59B
28x9.13x16.96x3.44% 9.4B
17.26x3.67x11.44x0.43% 6.95B
26.34x1.17x5.13x3.47% 5.82B
Average 21.05x 3.34x 10.17x 2.46% 13.5B
Weighted average by Cap. 21.78x 3.18x 10.44x 2.52%

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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