Company Valuation: DIC Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 274,123 220,164 262,350 320,406 345,867 497,769 - -
Change - -19.68% 19.16% 22.13% 7.95% 43.92% - -
Enterprise Value (EV) 1 614,881 666,113 703,775 742,869 735,231 879,240 828,146 814,230
Change - 8.33% 5.65% 5.55% -1.03% 19.59% -5.81% -1.68%
P/E 62.8x 12.5x -6.58x 15x 10.7x 13.7x 14.5x 12.4x
PBR 0.79x 0.57x 0.72x 0.8x 0.73x 1.06x 0.98x 0.88x
PEG - 0x 0x -0x 0.2x 1.1x -2.66x 0.7x
Capitalization / Revenue 0.32x 0.21x 0.25x 0.3x 0.33x 0.45x 0.44x 0.43x
EV / Revenue 0.72x 0.63x 0.68x 0.69x 0.7x 0.79x 0.73x 0.7x
EV / EBITDA 7.59x 7.53x 9.91x 7.55x 6.86x 7.69x 6.98x 6.47x
EV / EBIT 14.3x 16.8x 39.2x 16.7x 14.1x 14.8x 13.2x 12x
EV / FCF -5.98x -16x 21.5x 787x 22.8x 34.2x 10.6x 19.3x
FCF Yield -16.7% -6.24% 4.65% 0.13% 4.38% 2.93% 9.46% 5.18%
Dividend per Share 2 100 100 80 100 200 176.7 216.7 180
Rate of return 3.45% 4.3% 2.89% 2.96% 5.47% 3.36% 4.12% 3.42%
EPS 2 46.12 186 -421.1 225.1 341.7 383.7 362.8 423
Distribution rate 217% 53.7% -19% 44.4% 58.5% 46% 59.7% 42.6%
Net sales 1 855,400 1,054,201 1,038,736 1,071,127 1,052,194 1,116,833 1,139,367 1,156,900
EBITDA 1 81,000 88,474 71,040 98,452 107,158 114,358 118,658 125,900
EBIT 1 42,900 39,682 17,943 44,521 52,192 59,500 62,533 68,050
Net income 1 4,400 17,610 -39,857 21,313 32,353 36,333 34,350 40,050
Net Debt 1 340,758 445,949 441,425 422,463 389,364 381,471 330,377 316,462
Reference price 2 2,896.00 2,326.00 2,771.50 3,384.00 3,653.00 5,257.00 5,257.00 5,257.00
Nbr of stocks (in thousands) 94,656 94,653 94,660 94,683 94,680 94,687 - -
Announcement Date 18/02/22 14/02/23 13/02/24 12/02/25 16/02/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11x - - 5.66% 5.27B
14.91x - - 2.3% 1.63B
9.7x0.59x6.15x2.89% 1.23B
Average 11.87x 0.59x 6.15x 3.61% 2.71B
Weighted average by Cap. 11.59x 0.59x 6.15x 4.56%

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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