Company Valuation: Disco Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,241,500 1,657,021 6,196,471 3,239,857 6,642,215 8,307,543 - -
Change - 33.47% 273.95% -47.71% 105.02% 25.07% - -
Enterprise Value (EV) 1 1,115,729 1,493,968 5,980,985 3,010,690 6,357,640 7,942,313 7,841,843 7,727,085
Change - 33.9% 300.34% -49.66% 111.17% 24.93% -1.26% -1.46%
P/E 18.7x 20x 73.6x 26.1x 49x 45.7x 38.1x 34.4x
PBR 4.24x 4.78x 15.3x 6.78x 11.3x 11.9x 10x 8.53x
PEG - 0.8x 47.66x 0.6x 5.26x 1.3x 1.9x 3.2x
Capitalization / Revenue 4.89x 5.83x 20.1x 8.24x 15.2x 15.3x 13.2x 11.8x
EV / Revenue 4.4x 5.26x 19.4x 7.65x 14.6x 14.6x 12.5x 11x
EV / EBITDA 11.2x 12.4x 45.1x 16.8x 31.8x 30.8x 25.7x 22.7x
EV / EBIT 12.2x 13.5x 49.2x 18x 34.4x 32.3x 26.6x 23x
EV / FCF 27.8x 21.7x 73.7x 56.3x -2,856x 62.5x 44.7x 35.3x
FCF Yield 3.59% 4.6% 1.36% 1.78% -0.04% 1.6% 2.24% 2.83%
Dividend per Share 2 269.3 305.3 307 413 505 658.9 823.2 1,036
Rate of return 2.35% 2% 0.54% 1.38% 0.82% 0.86% 1.07% 1.35%
EPS 2 611.7 765.5 777.3 1,143 1,250 1,677 2,013 2,226
Distribution rate 44% 39.9% 39.5% 36.1% 40.4% 39.3% 40.9% 46.5%
Net sales 1 253,781 284,135 307,554 393,300 436,889 542,502 628,292 703,605
EBITDA 1 100,064 120,784 132,521 179,000 199,810 257,644 305,136 340,848
EBIT 1 91,513 110,413 121,490 166,800 184,989 245,667 294,918 336,532
Net income 1 66,206 82,891 84,205 123,900 135,521 181,893 218,316 248,442
Net Debt 1 -125,771 -163,053 -215,486 -229,167 -284,575 -365,230 -465,700 -580,458
Reference price 2 11,466.67 15,300.00 57,190.00 29,895.00 61,240.00 76,590.00 76,590.00 76,590.00
Nbr of stocks (in thousands) 108,270 108,302 108,349 108,375 108,462 108,468 - -
Announcement Date 21/04/22 20/04/23 25/04/24 17/04/25 22/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
46.1x14.22x41.22x0.32% 479B
78.79x11.94x60.22x0.12% 89.83B
108.32x22.22x103.45x0.08% 56.4B
42.64x11.11x29.07x0.42% 52.43B
51.79x5.04x14.84x0.06% 38.3B
98.9x19.57x87.94x0.21% 26.26B
65.45x21.57x48.07x1.3% 23.74B
103.58x16.12x70.9x0.28% 23.33B
100.66x22.78x82.93x0.14% 20.43B
Average 77.36x 16.06x 59.85x 0.33% 89.95B
Weighted average by Cap. 59.42x 14.55x 49.26x 0.3%

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