Company Valuation: BASE,Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 68,655 26,601 28,103 37,629 36,716 33,280 - -
Change - -61.25% 5.65% 33.9% -2.43% -9.36% - -
Enterprise Value (EV) 44,602 4,191 5,876 12,626 10,745 33,280 33,280 33,280
Change - -90.6% 40.2% 114.86% -14.9% 209.74% 0% 0%
P/E -57x -15.3x -46x 111x 20.1x 16.8x 13.2x 10.6x
PBR 4.55x 1.99x 2.16x 2.81x 2.51x 2.16x 2.03x 1.86x
PEG - -0.4x 0.7x -1x 0x 2x 0.5x 0.4x
Capitalization / Revenue 6.91x 2.73x 2.41x 2.35x 1.77x 1.21x 1.07x 0.95x
EV / Revenue 0x 0x 0x 0x 0x 1.21x 1.07x 0.95x
EV / EBITDA -0x -0x -0x 0x - 13.4x 10.7x 8.51x
EV / EBIT -0x -0x -0x 0x 0x 13.7x 10.9x 8.62x
EV / FCF 0x -0x -0x 0x 0x 4.57x 6.66x 5.45x
FCF Yield 2.57% -6.51% -0.48% 9.65% 8.86% 21.9% 15% 18.4%
Dividend per Share 2 - - - - 5 5 5 5
Rate of return - - - - 1.57% 1.73% 1.73% 1.73%
EPS 2 -10.8 -15.46 -5.31 2.94 15.87 17.2 21.9 27.3
Distribution rate - - - - 31.5% 29.1% 22.8% 18.3%
Net sales 1 9,931 9,739 11,680 15,981 20,729 27,600 31,000 34,900
EBITDA 1 -932 -1,459 -423 803 - 2,480 3,100 3,910
EBIT 1 -977 -1,508 -425 772 1,686 2,430 3,050 3,860
Net income 1 -1,194 -1,732 -606 340 1,826 1,930 2,450 3,060
Net Debt -24,053 -22,410 -22,227 -25,003 -25,971 - - -
Reference price 2 616.00 236.00 244.00 325.00 319.00 289.00 289.00 289.00
Nbr of stocks (in thousands) 111,453 112,718 115,178 115,782 115,096 115,157 - -
Announcement Date 09/02/22 08/02/23 08/02/24 14/02/25 12/02/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.69x - - 1.74% 203M
16.08x4.4x10.24x1.28% 548B
21.05x6.23x18.72x-.--% 318B
24.31x2.59x13.37x-.--% 150B
4.44x93.96x3.4x0.12% 111B
33.23x4.05x26.53x-.--% 99.77B
11.17x8.46x96.74x0.63% 97.54B
28.1x5.29x14.93x-.--% 84.84B
74.11x4.36x21.28x-.--% 82.5B
7.77x3.05x46.76x0.67% 40.9B
Average 23.69x 14.71x 28.00x 0.45% 153.3B
Weighted average by Cap. 21.45x 11.32x 20.21x 0.53%

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