Company Valuation: Alfresa Holdings Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 343,826 343,217 415,318 383,847 459,384 403,531 - -
Change - -0.18% 21.01% -7.58% 19.68% -12.16% - -
Enterprise Value (EV) 168,429 186,950 236,499 242,307 301,938 403,531 403,531 403,531
Change - 11% 26.5% 2.46% 24.61% 33.65% 0% 0%
P/E 11.1x 13.3x 14.4x 14.3x 11x 17.6x 14.1x 14.8x
PBR 0.73x 0.7x 0.87x 0.8x 0.91x 0.8x 0.76x 0.76x
PEG - -0.8x 0.7x -3.34x 0.2x -0.4x 0.6x -2.99x
Capitalization / Revenue 0.13x 0.13x 0.15x 0.13x 0.15x 0.13x 0.12x 0.12x
EV / Revenue 0x 0x 0x 0x 0x 0.13x 0.12x 0.12x
EV / EBITDA 0x 0x 0x 0x 0x 7.89x 7.72x 7.6x
EV / EBIT 0x 0x 0x 0x 0x 11x 10.5x 10.4x
EV / FCF 0x -0x 0x -0x 0x 18.3x 24.7x 31x
FCF Yield 11.3% -2.17% 17.4% -4.12% 6.5% 5.45% 4.05% 3.22%
Dividend per Share 2 54 57 70 63 68 71 79 85
Rate of return 3.18% 3.36% 3.15% 2.98% 2.69% 3.11% 3.46% 3.72%
EPS 2 153.6 127.4 154.1 147.5 229.6 130 162.3 154.2
Distribution rate 35.2% 44.7% 45.4% 42.7% 29.6% 54.6% 48.7% 55.1%
Net sales 1 2,585,643 2,696,069 2,858,500 2,961,051 3,104,064 3,164,453 3,252,695 3,296,209
EBITDA 1 41,915 43,450 51,974 58,607 51,212 51,122 52,276 53,122
EBIT 1 29,091 30,148 38,460 38,080 36,164 36,682 38,362 38,676
Net income 1 32,182 25,786 29,558 27,389 41,746 25,246 28,121 27,578
Net Debt -175,397 -156,267 -178,819 -141,540 -157,446 - - -
Reference price 2 1,699.00 1,696.00 2,222.50 2,111.50 2,528.00 2,286.50 2,286.50 2,286.50
Nbr of stocks (in thousands) 202,370 202,369 186,870 181,789 181,719 175,410 - -
Announcement Date 16/05/22 15/05/23 14/05/24 15/05/25 15/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.59x - - 3.11% 2.47B
22.34x3.25x12.12x2.86% 155B
18.26x3.22x11.31x3.69% 103B
16.5x0.18x11.68x0.8% 57.7B
31.96x7.77x20.31x1.25% 52.27B
38.59x3.08x10.51x2.49% 42.68B
37.81x1.38x12.14x0.26% 33.35B
29.71x5.26x16.78x-.--% 28.06B
42.66x7.46x26.92x0.24% 25.36B
48.05x6.45x20.7x0.45% 21.03B
Average 30.35x 4.23x 15.83x 1.52% 52.14B
Weighted average by Cap. 26.57x 3.67x 13.92x 2.06%

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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  4. Valuation Alfresa Holdings Corporation