Financials Disco Corporation Deutsche Boerse AG

Stocks

D650

US25461D1000

Semiconductor Equipment & Testing

Market Closed - Deutsche Boerse AG 17:25:02 01/09/2026 +04			5-day change	1st Jan Change
28.20 ^EUR	-4.08%		-9.03%	+17.50%

07-24	Disco Corp Announces Appointment of Andre Mintz to Board of Directors, Effective July 21, 2026	CI
07-23	Disco Corporation Announced the Revision of Dividend Forecasts for the Second Quarter Ending September 30, 2026	CI

Projected Income Statement: Disco Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net sales ¹	253,781	284,135	307,554	393,300	436,889	555,847	653,040	741,037
Change	-	11.96%	8.24%	27.88%	11.08%	27.23%	17.49%	13.47%
EBITDA ¹	100,064	120,784	132,521	179,000	199,810	263,827	319,643	366,024
Change	-	20.71%	9.72%	35.07%	11.63%	32.04%	21.16%	14.51%
EBIT ¹	91,513	110,413	121,490	166,800	184,989	251,092	306,925	356,983
Change	-	20.65%	10.03%	37.3%	10.9%	35.73%	22.24%	16.31%
Interest Paid ¹	-	-46	-	-	-	-50	-50	-50
Earnings before Tax (EBT) ¹	92,251	112,785	114,576	168,100	183,811	249,548	301,078	350,779
Change	-	22.26%	1.59%	46.71%	9.35%	35.76%	20.65%	16.51%
Net income ¹	66,206	82,891	84,205	123,900	135,521	185,851	227,020	263,847
Change	-	25.2%	1.59%	47.14%	9.38%	37.14%	22.15%	16.22%
Announcement Date	21/04/22	20/04/23	25/04/24	17/04/25	22/04/26	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2	2028 Q3	2028 Q4
Net sales ¹	-	-	-	73,512	59,749	79,532	65,839	79,015	53,961	72,299	76,995	104,299	82,799	96,244	93,553	120,700	89,914	104,623	109,291	133,061	114,300	140,957	141,704	164,299	148,392	163,621	169,688	194,459
Change	-	-	-	-	-18.72%	33.11%	-17.22%	20.01%	-31.71%	33.98%	6.5%	35.46%	-20.61%	16.24%	-2.8%	29.02%	-25.51%	16.36%	4.46%	21.75%	-14.1%	23.32%	0.53%	15.94%	-9.68%	10.26%	3.71%	14.6%
EBITDA ¹	17,167	26,504	25,647	30,746	23,731	35,773	26,975	34,027	19,479	30,731	33,203	49,108	36,350	-	42,278	55,088	34,723	47,961	51,179	62,770	49,276	72,339	71,255	86,703	-	-	-	-
Change	-	54.39%	-3.23%	19.88%	-22.82%	50.75%	-24.59%	26.14%	-42.75%	57.76%	8.04%	47.9%	-25.98%	-	-	30.3%	-36.97%	38.12%	6.71%	22.65%	-21.5%	46.8%	-1.5%	21.68%	-	-	-	-
EBIT ¹	15,444	24,514	23,292	28,263	21,592	33,278	24,258	31,285	16,972	28,037	30,354	46,127	33,376	42,576	39,146	51,700	34,480	44,391	47,341	58,777	49,000	64,646	64,489	77,188	67,300	80,750	81,600	99,350
Change	-	58.73%	-4.98%	21.34%	-23.6%	54.12%	-27.1%	28.97%	-45.75%	65.2%	8.26%	51.96%	-27.64%	27.56%	-8.06%	32.07%	-33.31%	28.74%	6.65%	24.16%	-16.63%	31.93%	-0.24%	19.69%	-12.81%	19.99%	1.05%	21.75%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	14,716	25,119	23,902	28,514	22,737	34,799	22,522	32,727	18,139	28,107	21,876	46,454	33,457	41,318	41,866	51,500	33,652	44,919	46,802	58,438	48,410	64,612	62,750	80,945	61,300	71,400	67,900	80,600
Change	-	70.69%	-4.84%	19.3%	-20.26%	53.05%	-35.28%	45.31%	-44.57%	54.95%	-22.17%	112.35%	-27.98%	23.5%	1.33%	23.01%	-34.66%	33.48%	4.19%	24.86%	-17.16%	33.47%	-2.88%	29%	-24.27%	16.48%	-4.9%	18.7%
Net income ¹	10,581	18,011	16,917	20,697	16,039	24,634	16,546	25,672	12,682	20,026	16,072	35,425	23,713	29,730	31,809	38,600	23,767	32,146	36,726	42,882	34,200	48,092	47,617	58,071	49,350	59,050	59,700	72,500
Change	-	70.22%	-6.07%	22.34%	-22.51%	53.59%	-32.83%	55.16%	-50.6%	57.91%	-19.74%	120.41%	-33.06%	25.37%	6.99%	21.35%	-38.43%	35.25%	14.25%	16.76%	-20.25%	40.62%	-0.99%	21.95%	-15.02%	19.66%	1.1%	21.44%
Announcement Date	20/07/21	21/10/21	25/01/22	21/04/22	21/07/22	20/10/22	24/01/23	20/04/23	20/07/23	19/10/23	24/01/24	25/04/24	18/07/24	17/10/24	23/01/25	17/04/25	17/07/25	29/10/25	21/01/26	22/04/26	23/07/26	-	-	-	-	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2	2026 S1	2026 S2	2027 S1
Net sales ¹	137,699	139,281	144,854	126,260	181,294	179,043	214,257	194,537	242,352	250,654
Change	-	1.15%	4%	-12.84%	43.59%	-1.24%	19.67%	-9.2%	24.58%	3.43%
EBITDA	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-
EBIT ¹	51,555	54,870	55,543	45,009	76,481	75,952	90,848	78,871	106,118	112,033
Change	-	6.43%	1.23%	-18.97%	69.92%	-0.69%	19.61%	-13.18%	34.55%	5.57%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	52,416	57,536	-	46,246	-	74,775	-	78,571	-	-
Change	-	9.77%	-	-	-	-	-	-	-	-
Net income ¹	37,614	40,673	42,218	32,708	51,497	53,443	70,457	55,913	79,608	84,221
Change	-	8.13%	3.8%	-22.53%	57.44%	3.78%	31.84%	-20.64%	42.38%	5.79%
Announcement Date	21/04/22	20/10/22	20/04/23	19/10/23	25/04/24	17/10/24	17/04/25	29/10/25	22/04/26	-

¹JPY in Million

Estimates

Forecast Balance Sheet: Disco Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net Debt ¹	-125,771	-163,053	-215,486	-229,167	-284,575	-357,255	-454,326	-579,981
Change	-	-29.64%	-32.16%	-6.35%	-24.18%	-25.54%	-27.17%	-27.66%
Announcement Date	21/04/22	20/04/23	25/04/24	17/04/25	22/04/26	-	-	-

¹JPY in Million

Estimates

Cash Flow Forecast: Disco Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
CAPEX ¹	43,576	14,972	16,140	66,861	35,143	32,939	34,257	30,431
Change	-	-65.64%	7.8%	314.26%	-47.44%	-6.27%	4%	-11.17%
Free Cash Flow (FCF) ¹	40,063	68,706	81,121	53,503	-2,226	126,443	173,967	208,071
Change	-	71.49%	18.07%	-34.05%	-104.16%	5,780.26%	37.59%	19.6%
Announcement Date	21/04/22	20/04/23	25/04/24	17/04/25	22/04/26	-	-	-

¹JPY in Million

Estimates

Forecast Financial Ratios: Disco Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Profitability
EBITDA Margin (%)	39.43%	42.51%	43.09%	45.51%	45.73%	47.46%	48.95%	49.39%
EBIT Margin (%)	36.06%	38.86%	39.5%	42.41%	42.34%	45.17%	47%	48.17%
EBT Margin (%)	36.35%	39.69%	37.25%	42.74%	42.07%	44.9%	46.1%	47.34%
Net margin (%)	26.09%	29.17%	27.38%	31.5%	31.02%	33.44%	34.76%	35.61%
FCF margin (%)	15.79%	24.18%	26.38%	13.6%	-0.51%	22.75%	26.64%	28.08%
FCF / Net Income (%)	60.51%	82.89%	96.34%	43.18%	-1.64%	68.03%	76.63%	78.86%
Profitability
ROA	25.21%	25.73%	23.88%	20.48%	26.47%	24.72%	22.67%	22.09%
ROE	24.3%	25.9%	22.4%	28.49%	25.1%	28.3%	28.41%	28.24%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	17.17%	5.27%	5.25%	17%	8.04%	5.93%	5.25%	4.11%
CAPEX / EBITDA (%)	43.55%	12.4%	12.18%	37.35%	17.59%	12.48%	10.72%	8.31%
CAPEX / FCF (%)	108.77%	21.79%	19.9%	124.97%	-1,578.75%	26.05%	19.69%	14.63%
Items per share
Cash flow per share ¹	690.7	861.2	879.1	1,111	1,387	1,514	1,804	2,166
Change	-	24.7%	2.08%	26.34%	24.83%	9.19%	19.16%	20.05%
Dividend per Share ¹	269.3	305.3	307	413	505	691.2	845.1	1,068
Change	-	13.37%	0.55%	34.53%	22.28%	36.88%	22.26%	26.39%
Book Value Per Share ¹	2,703	3,202	3,740	4,407	5,408	6,447	7,732	8,970
Change	-	18.47%	16.8%	17.84%	22.71%	19.21%	19.94%	16.01%
EPS ¹	611.7	765.5	777.3	1,143	1,250	1,719	2,093	2,375
Change	-	25.14%	1.54%	47.08%	9.32%	37.54%	21.75%	13.47%
Nbr of stocks (in thousands)	108,270	108,302	108,349	108,375	108,462	108,468	108,468	108,468
Announcement Date	21/04/22	20/04/23	25/04/24	17/04/25	22/04/26	-	-	-