Company Valuation: Concordia Financial Group, Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 551,698 572,968 896,159 1,120,028 1,527,172 2,096,580 - -
Change - 3.86% 56.41% 24.98% 36.35% 37.29% - -
Enterprise Value (EV) 551,698 572,968 896,159 1,120,028 1,527,172 2,096,580 2,096,580 2,096,580
Change - 3.86% 56.41% 24.98% 36.35% 37.29% 0% 0%
P/E 10.3x 10.3x 13.5x 13.7x 14.6x 14.5x 12x 10.5x
PBR 0.47x 0.5x 0.7x 0.87x 1.09x 1.41x 1.32x 1.25x
PEG - 1.69x 0.7x 0.5x 0.5x 0.4x 0.6x 0.7x
Capitalization / Revenue 1.92x 1.83x 2.5x 4.3x 4.97x 5.75x 4.98x 4.5x
EV / Revenue 0x 0x 0x 0x 0x 5.75x 4.98x 4.5x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.5x 8.38x 7.28x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 18 19 23 29 38 51.66 61.28 69.02
Rate of return 3.93% 3.89% 2.99% 2.96% 2.77% 2.74% 3.25% 3.66%
EPS 2 44.67 47.39 57.16 71.63 94.02 130.3 156.9 180
Distribution rate 40.3% 40.1% 40.2% 40.5% 40.4% 39.7% 39.1% 38.4%
Net sales 1 286,979 312,983 358,303 260,311 307,136 364,769 421,361 466,344
EBITDA - - - - - - - -
EBIT 1 87,666 92,554 88,154 129,753 157,257 200,371 250,128 288,159
Net income 1 53,881 56,159 66,931 82,805 106,523 143,844 166,456 191,356
Net Debt - - - - - - - -
Reference price 2 458.00 488.00 769.80 981.20 1,374.00 1,886.00 1,886.00 1,886.00
Nbr of stocks (in thousands) 1,204,580 1,174,114 1,164,146 1,141,488 1,111,479 1,111,654 - -
Announcement Date 12/05/22 12/05/23 13/05/24 12/05/25 12/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.12x - - 1.91% 884B
6.17x - - 5.03% 415B
11.69x - - 2.22% 376B
6.58x - - 4.81% 357B
6.14x - - 5.02% 328B
11.67x - - 4.46% 327B
6.7x - - 4.75% 303B
17.18x - - 2.45% 271B
13.93x - - 2.82% 253B
Average 10.35x 3.72% 390.29B
Weighted average by Cap. 10.51x 3.49%

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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  5. Valuation Concordia Financial Group, Ltd.