Company Valuation: Kanadevia Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 125,725 145,946 222,282 153,893 169,422 194,329 - -
Change - 16.08% 52.3% -30.77% 10.09% 14.7% - -
Enterprise Value (EV) 1 150,405 146,007 232,118 208,893 275,466 252,929 254,429 254,429
Change - -2.92% 58.98% -10.01% 31.87% -8.18% 0.59% 0%
P/E 15.9x 9.37x 11.7x 6.97x 15.2x 8.38x 9.67x 7.53x
PBR 0.96x 1.05x 1.37x 0.81x 0.86x 0.88x 0.82x 0.77x
PEG - 0.1x 0.5x 0.4x -0.3x 0x -0.7x 0.3x
Capitalization / Revenue 0.28x 0.3x 0.4x 0.25x 0.26x 0.29x 0.28x 0.26x
EV / Revenue 0.34x 0.3x 0.42x 0.34x 0.43x 0.38x 0.36x 0.34x
EV / EBITDA - 4.78x 6.55x 5.38x 9.9x 5.52x 5.01x 4.5x
EV / EBIT 9.68x 7.28x 9.54x 7.75x 22.6x 9.54x 8.61x 6.95x
EV / FCF 5.41x 5.72x -11x -6.57x -20.2x 4.69x 41.7x 25.2x
FCF Yield 18.5% 17.5% -9.05% -15.2% -4.95% 21.3% 2.4% 3.97%
Dividend per Share 2 12 18 23 25 25 38 41.5 60
Rate of return 1.61% 2.08% 1.74% 2.73% 2.48% 3.29% 3.59% 5.19%
EPS 2 46.87 92.43 112.7 131.3 66.2 137.9 119.5 153.4
Distribution rate 25.6% 19.5% 20.4% 19% 37.8% 27.6% 34.7% 39.1%
Net sales 1 441,797 492,692 555,844 610,523 645,222 661,400 697,550 741,900
EBITDA 1 - 30,571 35,457 38,859 27,827 45,800 50,800 56,600
EBIT 1 15,541 20,056 24,323 26,946 12,192 26,500 29,550 36,600
Net income 1 7,899 15,577 18,999 22,103 11,137 23,200 20,100 25,800
Net Debt 1 24,680 61 9,836 55,000 106,044 58,600 60,100 60,100
Reference price 2 746.00 866.00 1,319.00 915.00 1,007.00 1,155.00 1,155.00 1,155.00
Nbr of stocks (in thousands) 168,532 168,528 168,523 168,189 168,244 168,251 - -
Announcement Date 11/05/22 12/05/23 10/05/24 12/05/25 12/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.38x0.38x5.52x3.29% 1.25B
30.81x5.27x19.16x0.85% 121B
26.82x4.93x17.28x2.24% 35.46B
21.61x1.85x13.33x2.17% 31.42B
30.13x4.02x15.19x0.11% 29.63B
19.55x3.3x10.63x1.58% 27.05B
21.3x3.09x13.33x1.1% 25.98B
23.03x2.82x12.15x1.64% 24.68B
90.47x34.14x74.44x0.42% 23.57B
25.88x3.25x15.9x1.75% 24.01B
Average 29.80x 6.30x 19.69x 1.51% 34.44B
Weighted average by Cap. 31.00x 6.14x 19.99x 1.22%

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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