Company Valuation: Yamazen Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 98,331 83,868 90,354 119,588 112,574 122,040
Change - -14.71% 7.73% 32.36% -5.86% 8.41%
Enterprise Value (EV) 1 27,363 16,146 22,372 44,112 51,378 71,505
Change - -40.99% 38.56% 97.18% 16.47% 39.17%
P/E 13x 7.62x 7.85x 20.1x 15.9x 14.4x
PBR 0.92x 0.74x 0.74x 0.91x 0.89x 0.89x
PEG - 0.1x 1.72x -0.4x 0.7x 0.7x
Capitalization / Revenue 0.23x 0.17x 0.17x 0.24x 0.22x 0.23x
EV / Revenue 0.06x 0.03x 0.04x 0.09x 0.1x 0.13x
EV / EBITDA 2.06x 0.84x 1.13x 3.1x 3.58x 4.15x
EV / EBIT 2.44x 0.94x 1.35x 4.46x 5.39x 5.94x
EV / FCF 4.09x 6.07x 8.85x 5.5x 8.19x -11.1x
FCF Yield 24.4% 16.5% 11.3% 18.2% 12.2% -9%
Dividend per Share 2 20 30 40 50 52 54
Rate of return 1.92% 3.18% 3.93% 3.71% 3.95% 3.76%
EPS 2 80.24 123.8 129.5 66.92 82.71 99.87
Distribution rate 24.9% 24.2% 30.9% 74.7% 62.9% 54.1%
Net sales 1 434,744 501,872 527,263 506,866 516,126 541,885
EBITDA 1 13,289 19,163 19,881 14,248 14,345 17,225
EBIT 1 11,235 17,135 16,564 9,888 9,537 12,042
Net income 1 7,572 12,023 12,527 6,488 7,845 9,330
Net Debt 1 -70,968 -67,722 -67,982 -75,476 -61,196 -50,535
Reference price 2 1,042.00 944.00 1,017.00 1,346.00 1,317.00 1,437.00
Nbr of stocks (in thousands) 94,367 88,844 88,843 88,847 85,478 84,927
Announcement Date 6/25/21 6/29/22 6/30/23 6/26/24 6/17/25 6/15/26
1JPY in Million2JPY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.06B
28.04x3.2x18.5x0.75% 61.25B
40.22x6.25x27.65x1.93% 58.13B
32.8x5.46x19.56x0.92% 13.05B
28.29x2.34x18.46x0.62% 12.49B
16.35x1.29x10.39x-.--% 8.32B
26.22x1.73x14.7x2.97% 6.57B
18.78x1.22x10.64x3.34% 4.52B
28.9x - - - 2.91B
-105.95x0.6x13.6x - 2.81B
Average 12.63x 2.76x 16.69x 1.5% 17.11B
Weighted average by Cap. 29.50x 4.13x 20.92x 1.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Yamazen Corporation