Company Valuation: DIC Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 274,123 220,164 262,350 320,406 345,867 520,448 - -
Change - -19.68% 19.16% 22.13% 7.95% 50.48% - -
Enterprise Value (EV) 1 614,881 666,113 703,775 742,869 735,231 905,719 854,734 838,538
Change - 8.33% 5.65% 5.55% -1.03% 23.19% -5.63% -1.89%
P/E 62.8x 12.5x -6.58x 15x 10.7x 11.8x 14.9x 11.3x
PBR 0.79x 0.57x 0.72x 0.8x 0.73x 1.1x 1.01x 0.88x
PEG - 0x 0x -0x 0.2x 0.3x -0.7x 0.4x
Capitalization / Revenue 0.32x 0.21x 0.25x 0.3x 0.33x 0.46x 0.45x 0.44x
EV / Revenue 0.72x 0.63x 0.68x 0.69x 0.7x 0.8x 0.74x 0.72x
EV / EBITDA 7.59x 7.53x 9.91x 7.55x 6.86x 7.51x 6.99x 6.39x
EV / EBIT 14.3x 16.8x 39.2x 16.7x 14.1x 13.8x 12.9x 11.4x
EV / FCF -5.98x -16x 21.5x 787x 22.8x 32.1x 10.6x 16.9x
FCF Yield -16.7% -6.24% 4.65% 0.13% 4.38% 3.12% 9.47% 5.92%
Dividend per Share 2 100 100 80 100 200 175 173.3 175
Rate of return 3.45% 4.3% 2.89% 2.96% 5.47% 3.18% 3.15% 3.18%
EPS 2 46.12 186 -421.1 225.1 341.7 464.7 368.1 485.8
Distribution rate 217% 53.7% -19% 44.4% 58.5% 37.7% 47.1% 36%
Net sales 1 855,400 1,054,201 1,038,736 1,071,127 1,052,194 1,133,133 1,149,200 1,172,650
EBITDA 1 81,000 88,474 71,040 98,452 107,158 120,658 122,258 131,250
EBIT 1 42,900 39,682 17,943 44,521 52,192 65,800 66,133 73,400
Net income 1 4,400 17,610 -39,857 21,313 32,353 43,800 34,850 44,600
Net Debt 1 340,758 445,949 441,425 422,463 389,364 385,271 334,286 318,090
Reference price 2 2,896.00 2,326.00 2,771.50 3,384.00 3,653.00 5,495.00 5,495.00 5,495.00
Nbr of stocks (in thousands) 94,656 94,653 94,660 94,683 94,680 94,713 - -
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.($)
11.98x0.81x7.56x3.14% 3.31B
13.4x - - 4.73% 6.32B
13.11x - - 2.38% 2.14B
11x0.69x7.02x2.51% 1.49B
29.44x - - 0.08% 910M
11.11x0.49x6.63x3.74% 818M
Average 15.01x 0.66x 7.07x 2.76% 2.5B
Weighted average by Cap. 13.66x 0.73x 7.28x 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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