Company Valuation: AS ONE Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 270,685 203,012 190,188 166,033 157,071 175,036 - -
Change - -25% -6.32% -12.7% -5.4% 11.44% - -
Enterprise Value (EV) 1 254,568 190,587 180,606 150,647 141,787 155,538 152,168 148,188
Change - -25.13% -5.24% -16.59% -5.88% 9.7% -2.17% -2.62%
P/E 37.6x 25.6x 25.6x 20.2x 17.2x 18x 16.5x 15.3x
PBR 4.09x 3.17x 2.94x 2.49x 2.21x 2.36x 2.21x 2.06x
PEG - 1.9x -4.83x 1.9x 1.5x 2.84x 1.77x 2.11x
Capitalization / Revenue 3.11x 2.22x 1.99x 1.6x 1.42x 1.47x 1.38x 1.29x
EV / Revenue 2.93x 2.08x 1.89x 1.45x 1.28x 1.3x 1.2x 1.09x
EV / EBITDA 23x 14.6x 14.7x 11.2x 9.67x 9.92x 8.86x 8.02x
EV / EBIT 27.3x 16.7x 17.3x 13x 11x 11.3x 10.2x 9.24x
EV / FCF 33.1x 30.1x 39.5x 14.8x 35.5x 15.3x 16.5x 14.4x
FCF Yield 3.02% 3.32% 2.53% 6.74% 2.82% 6.52% 6.06% 6.96%
Dividend per Share 2 48.5 55.5 56 62 65 67.75 74 78
Rate of return 1.34% 1.98% 2.11% 2.68% 2.95% 2.76% 3.01% 3.18%
EPS 2 96.34 109.4 103.6 114.9 128.4 136.5 149.2 160
Distribution rate 50.3% 50.7% 54% 54% 50.6% 49.6% 49.6% 48.7%
Net sales 1 86,954 91,421 95,536 103,751 110,698 119,454 127,173 135,462
EBITDA 1 11,066 13,042 12,261 13,394 14,664 15,673 17,183 18,476
EBIT 1 9,341 11,396 10,435 11,593 12,838 13,764 14,916 16,042
Net income 1 7,202 8,112 7,500 8,229 9,179 9,736 10,635 11,400
Net Debt 1 -16,117 -12,425 -9,582 -15,386 -15,284 -19,498 -22,868 -26,848
Reference price 2 3,620.00 2,805.00 2,656.00 2,317.50 2,204.00 2,455.50 2,455.50 2,455.50
Nbr of stocks (in thousands) 74,775 72,375 71,607 71,643 71,266 71,283 - -
Announcement Date 13/05/22 12/05/23 14/05/24 14/05/25 13/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.99x1.3x9.92x2.76% 1.11B
27.63x3.84x14.83x2.64% 169B
18.25x3.37x12.04x3.26% 110B
21.42x4.21x14.72x1.31% 106B
25.26x2.48x10.04x2.86% 73.87B
16.92x0.2x12.42x0.77% 58.98B
29.48x7.29x18.84x1.36% 51.28B
34.07x3.32x11.38x2.22% 48.16B
35.11x8.73x24.55x-.--% 40.84B
34.3x6.01x18.87x-.--% 32.21B
Average 26.04x 4.08x 14.76x 1.72% 69.13B
Weighted average by Cap. 25.34x 3.97x 14.46x 1.99%

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

  1. Stock Market
  2. Stocks
  3. 7476 Stock
  4. Valuation AS ONE Corporation