Company Valuation: Espec Corp.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 44,026 44,429 66,589 52,005 64,103 84,003 - -
Change - 0.91% 49.88% -21.9% 23.27% 31.04% - -
Enterprise Value (EV) 28,221 30,422 55,023 39,363 50,018 84,003 84,003 84,003
Change - 7.8% 80.86% -28.46% 27.07% 67.94% 0% 0%
P/E 23.2x 13.5x 13.4x 8.66x 11x 14.4x 12.5x 11.6x
PBR 0.97x 0.95x 1.26x 0.92x 1.03x 1.31x 1.23x 1.16x
PEG - 0.2x 0.3x 0.4x -6.6x 8.09x 0.8x 1.57x
Capitalization / Revenue 1.05x 0.84x 1.07x 0.77x 0.92x 1.15x 1.08x 1.02x
EV / Revenue 0x 0x 0x 0x 0x 1.15x 1.08x 1.02x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.5x 9.33x 8.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 60 69 75 95 115 115 130 137
Rate of return 3.05% 3.39% 2.46% 3.99% 3.87% 2.9% 3.28% 3.46%
EPS 2 84.89 150.3 227.6 275 270.4 275.2 318.1 341.6
Distribution rate 70.7% 45.9% 33% 34.5% 42.5% 41.8% 40.9% 40.1%
Net sales 1 41,852 52,892 62,126 67,288 70,034 73,000 78,000 82,000
EBITDA 3,266 5,705 8,105 9,249 9,044 - - -
EBIT 1 1,968 4,366 6,585 7,526 7,084 8,000 9,000 10,000
Net income 1 1,905 3,330 4,969 6,003 5,879 5,880 6,600 7,300
Net Debt -15,805 -14,007 -11,566 -12,642 -14,085 - - -
Reference price 2 1,968.00 2,035.00 3,050.00 2,382.00 2,973.00 3,965.00 3,965.00 3,965.00
Nbr of stocks (in thousands) 22,371 21,832 21,832 21,832 21,562 21,186 - -
Announcement Date 13/05/22 12/05/23 15/05/24 15/05/25 14/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.41x - - 2.9% 517M
44.53x7.93x25.08x-.--% 55.06B
45.69x5.85x21.83x0.27% 24.91B
391.67x - - - 23.01B
45.96x9.51x34.18x0.52% 10.94B
53.52x6.49x25.1x - 8.58B
205.03x - - - 8.95B
36.61x3.88x19.45x0.27% 7.83B
7.64x - - 7.05% 7.02B
Average 93.89x 6.73x 25.13x 1.84% 16.31B
Weighted average by Cap. 107.25x 7.20x 24.84x 0.62%

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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  4. Valuation Espec Corp.