Company Valuation: LIXIL Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 665,796 624,928 538,990 496,269 466,092 515,940 - -
Change - -6.14% -13.75% -7.93% -6.08% 10.69% - -
Enterprise Value (EV) 1 1,090,095 1,136,651 1,091,690 1,030,569 997,692 1,078,675 1,076,690 1,078,209
Change - 4.27% -3.96% -5.6% -3.19% 8.12% -0.18% 0.14%
P/E 13.7x 39.2x -38.8x 248x 57.2x 43.9x 20.7x 17.8x
PBR 1.09x 1x 0.84x 0.8x 0.7x 0.8x 0.8x 0.79x
PEG - -0.6x 0x -2x 0x 1x 0x 1.1x
Capitalization / Revenue 0.47x 0.42x 0.36x 0.33x 0.31x 0.33x 0.32x 0.32x
EV / Revenue 0.76x 0.76x 0.74x 0.68x 0.66x 0.68x 0.66x 0.67x
EV / EBITDA 7.26x 10.6x 10.4x 9x 8.95x 8.83x 7.75x 7.27x
EV / EBIT 15.7x 45.6x 66.6x 34.7x 35.1x 28.2x 20.1x 17.9x
EV / FCF 11.7x -79.4x 60.3x 28.3x 45.7x 108x 25x 27.7x
FCF Yield 8.58% -1.26% 1.66% 3.53% 2.19% 0.93% 4% 3.61%
Dividend per Share 2 85 90 90 90 90 90 90 90
Rate of return 3.71% 4.13% 4.79% 5.21% 5.55% 5.02% 5.02% 5.02%
EPS 2 167.2 55.54 -48.43 6.97 28.33 40.89 86.62 101
Distribution rate 50.8% 162% -186% 1,291% 318% 220% 104% 89.1%
Net sales 1 1,428,578 1,495,987 1,483,200 1,504,697 1,510,704 1,583,494 1,622,729 1,617,357
EBITDA 1 150,193 106,803 104,500 114,530 111,486 122,214 138,847 148,217
EBIT 1 69,471 24,903 16,400 29,687 28,403 38,288 53,500 60,157
Net income 1 48,603 15,991 -13,908 2,001 8,143 11,748 24,897 29,024
Net Debt 1 424,299 511,723 552,700 534,300 531,600 562,735 560,750 562,269
Reference price 2 2,290.00 2,177.00 1,877.00 1,727.50 1,621.50 1,794.00 1,794.00 1,794.00
Nbr of stocks (in thousands) 290,740 287,059 287,155 287,276 287,445 287,592 - -
Announcement Date 28/04/22 28/04/23 30/04/24 30/04/25 30/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.21x1.01x6.58x3.01% 44.5B
22.8x2.87x14.06x1.92% 41.42B
16.06x2.19x10.96x1.77% 14.17B
-24.15x1.49x16.75x3.84% 13.78B
18.47x3.06x12.58x1.33% 13.73B
28.23x4.3x15.66x0.94% 7.93B
14.36x0.74x4.72x3.66% 7.63B
19.83x2.99x12.26x0.65% 7.48B
21.28x4.27x12.45x0.81% 7.29B
Average 14.45x 2.55x 11.78x 1.99% 17.55B
Weighted average by Cap. 14.67x 2.22x 11.25x 2.25%

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