Company Valuation: ARCS Company Limited

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 122,554 121,367 167,170 150,552 207,261 189,412 - -
Change - -0.97% 37.74% -9.94% 37.67% -8.61% - -
Enterprise Value (EV) 82,090 76,237 118,593 100,607 145,410 189,412 189,412 189,412
Change - -7.13% 55.56% -15.17% 44.53% 30.26% 0% 0%
P/E 11.9x 12.2x 14.5x 13.6x 16.8x 15x 14.1x 13.3x
PBR 0.75x 0.71x 0.94x 0.82x 1.06x 0.93x 0.89x 0.86x
PEG - -4.45x 0.7x -3.21x 1.3x 5.75x 2.22x 2.38x
Capitalization / Revenue 0.21x 0.21x 0.28x 0.25x 0.33x 0.29x 0.28x 0.28x
EV / Revenue 0x 0x 0x 0x 0x 0.29x 0.28x 0.28x
EV / EBITDA 0x 0x 0x 0x 0x 6.51x 6.21x 5.97x
EV / EBIT 0x 0x 0x 0x 0x 10.4x 9.74x 9.22x
EV / FCF 0x 0x 0x 0x 0x 17.9x 13.2x 12.5x
FCF Yield 8.02% 7.6% 8.02% 4.97% 8.69% 5.6% 7.55% 7.97%
Dividend per Share 2 57 58 68 74 82 85.5 92 97
Rate of return 2.62% 2.68% 2.2% 2.65% 2.11% 2.41% 2.59% 2.73%
EPS 2 182.5 177.5 214 205 231.4 237.4 252.4 266.6
Distribution rate 31.2% 32.7% 31.8% 36.1% 35.4% 36% 36.4% 36.4%
Net sales 1 577,568 566,209 591,557 608,284 626,957 647,350 666,650 686,000
EBITDA 1 24,430 23,657 26,705 26,361 28,157 29,100 30,500 31,750
EBIT 1 15,562 14,835 16,831 15,936 17,632 18,250 19,450 20,550
Net income 1 10,304 9,947 11,766 11,063 12,445 12,650 13,450 14,200
Net Debt -40,464 -45,130 -48,577 -49,945 -61,851 - - -
Reference price 2 2,176.00 2,168.00 3,095.00 2,789.00 3,890.00 3,555.00 3,555.00 3,555.00
Nbr of stocks (in thousands) 56,321 55,981 54,013 53,981 53,280 53,280 - -
Announcement Date 14/04/22 14/04/23 15/04/24 14/04/25 13/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.72x - - 2.45% 1.14B
21.5x0.93x6.28x5.82% 39.42B
40.45x1.64x20.65x0.3% 31.88B
17.85x0.65x7.51x2.79% 30.31B
73.87x3.26x42.59x-.--% 27.22B
28.71x0.89x9.61x3.29% 21.93B
11.51x0.24x4.28x6.38% 12.65B
15.53x0.37x5.38x4% 12.03B
7.84x1.73x5.54x2.54% 11.68B
16.79x0.39x6.01x4.25% 10.05B
Average 24.88x 1.12x 11.98x 3.18% 19.83B
Weighted average by Cap. 29.89x 1.26x 13.93x 3.02%

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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