Company Valuation: Visional, Inc.

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 198,653 277,194 305,322 312,304 472,263 350,170 - -
Change - 39.54% 10.15% 2.29% 51.22% -25.85% - -
Enterprise Value (EV) 1 173,823 246,477 264,191 254,243 399,484 265,599 244,559 220,639
Change - 41.8% 7.19% -3.77% 57.13% -33.51% -7.92% -9.78%
P/E 128x 45x 30.4x 23.8x 29.6x 20.2x 17.4x 14.8x
PBR 8.82x 9.67x 7.83x 5.99x 7.08x 4.12x 3.36x 2.75x
PEG - 0x 0.5x 0.8x 1.4x 2.9x 1.1x 0.8x
Capitalization / Revenue 6.92x 6.31x 5.43x 4.72x 5.89x 3.52x 2.98x 2.59x
EV / Revenue 6.06x 5.61x 4.69x 3.84x 4.98x 2.67x 2.08x 1.63x
EV / EBITDA 57.2x 28.2x 18.9x 13.3x 17.2x 10.2x 7.77x 5.9x
EV / EBIT 73.4x 29.6x 20x 14.3x 18.6x 11x 8.45x 6.45x
EV / FCF 40.6x 43.6x 25.3x 15.3x 25.1x 59.3x 12.8x 9.85x
FCF Yield 2.46% 2.29% 3.95% 6.55% 3.99% 1.69% 7.83% 10.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 43.37 160.9 256.8 330.7 400.8 428.7 498.1 586.1
Distribution rate - - - - - - - -
Net sales 1 28,698 43,954 56,273 66,146 80,161 99,533 117,440 135,433
EBITDA 1 3,037 8,735 13,954 19,060 23,196 26,144 31,466 37,366
EBIT 1 2,368 8,320 13,225 17,837 21,442 24,086 28,945 34,212
Net income 1 1,420 5,858 9,928 12,990 15,950 17,295 20,133 23,713
Net Debt 1 -24,830 -30,717 -41,131 -58,061 -72,779 -84,571 -105,611 -129,531
Reference price 2 5,540.00 7,240.00 7,810.00 7,880.00 11,875.00 8,649.00 8,649.00 8,649.00
Nbr of stocks (in thousands) 35,858 38,287 39,094 39,632 39,770 40,487 - -
Announcement Date 9/13/21 9/14/22 9/14/23 9/12/24 9/11/25 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.17x2.67x10.16x-.--% 2.28B
27.8x4.86x18.91x0.17% 139B
10.63x3.38x7.38x1.58% 7.18B
23.92x4.43x10.02x4.24% 3.3B
23.95x1.48x8.31x5.39% 610M
32.81x1.72x12.81x0.76% 479M
8.92x0.68x4.44x5.34% 377M
7.91x0.61x4.61x-.--% 303M
Average 19.52x 2.48x 9.58x 2.18% 19.16B
Weighted average by Cap. 26.71x 4.71x 17.92x 0.36%

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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