Company Valuation: YAOKO NPV

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 257,883 268,075 372,524 374,134 386,200 372,643 - -
Change - 3.95% 38.96% 0.43% 3.23% -3.51% - -
Enterprise Value (EV) 323,867 315,523 401,947 404,756 422,534 372,643 372,643 372,643
Change - -2.58% 27.39% 0.7% 4.39% -11.81% 0% 0%
P/E 16.8x 16.9x 19.7x 18.6x 16.4x 15x 13.8x 13.1x
PBR 2x 1.89x 2.22x 2.07x 1.94x 1.72x 1.58x 1.46x
PEG - 5.62x 1.4x 2.99x 0.9x 2.69x 1.63x 2.37x
Capitalization / Revenue 0.48x 0.47x 0.6x 0.51x 0.47x 0.41x 0.38x 0.36x
EV / Revenue 0x 0x 0x 0x 0x 0.41x 0.38x 0.36x
EV / EBITDA 0x 0x 0x 0x 0x 6.43x 6.11x 5.8x
EV / EBIT 0x 0x 0x 0x 0x 9.58x 8.91x 8.41x
EV / FCF -0x 0x 0x 0x 0x 30x 27.6x 24.6x
FCF Yield -6.35% 8.49% 3.61% 1.65% 0.18% 3.34% 3.63% 4.06%
Dividend per Share 2 16 17 22 25 19.5 33.33 35.67 37.67
Rate of return 1.2% 1.23% 1.2% 1.36% 1.03% 1.82% 1.95% 2.06%
EPS 2 79.22 81.6 92.89 98.66 115.9 122.4 132.7 140
Distribution rate 20.2% 20.8% 23.7% 25.3% 16.8% 27.2% 26.9% 26.9%
Net sales 1 536,025 564,487 619,587 736,400 813,155 912,233 972,500 1,036,600
EBITDA 1 36,346 38,363 41,983 47,872 52,727 57,970 60,950 64,300
EBIT 1 24,081 26,235 29,328 33,402 36,392 38,900 41,833 44,300
Net income 1 15,382 15,849 18,243 20,176 23,596 24,850 26,943 28,433
Net Debt 65,984 47,448 29,423 30,622 36,334 - - -
Reference price 2 1,328.00 1,380.00 1,829.00 1,837.80 1,897.00 1,830.00 1,830.00 1,830.00
Nbr of stocks (in thousands) 194,189 194,258 203,676 203,577 203,585 203,630 - -
Announcement Date 5/10/22 5/10/23 5/13/24 5/12/25 5/11/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.48x0.86x5.8x6.47% 36.91B
39.26x1.6x20.07x0.31% 30.94B
16.84x0.59x6.79x2.95% 27.18B
72.67x3.22x42.13x-.--% 27.06B
28.65x0.89x9.62x3.3% 22.18B
11.55x0.24x4.33x6.6% 13.01B
15.95x0.38x5.51x3.86% 12.59B
7.51x1.65x5.58x2.64% 11.16B
20.27x0.77x8.5x2.82% 10.18B
Average 25.80x 1.13x 12.04x 3.22% 21.25B
Weighted average by Cap. 29.47x 1.25x 13.85x 3.11%

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