Company Valuation: MORESCO Corporation

Data adjusted to current consolidation scope
Fiscal Period: February 2021 2022 2023 2024 2025 2026
Market Cap 1 10,594 10,440 10,602 12,741 10,931 20,006
Change - -1.46% 1.56% 20.17% -14.2% 83.02%
Enterprise Value (EV) 1 9,849 7,407 9,199 13,210 10,540 17,652
Change - -24.8% 24.2% 43.6% -20.21% 67.47%
P/E 20.9x 5.77x 17.3x 9.93x 10.8x 13.1x
PBR 0.67x 0.58x 0.57x 0.63x 0.5x 0.85x
PEG - 0x -0.3x 0x -0.5x 0.3x
Capitalization / Revenue 0.43x 0.38x 0.35x 0.4x 0.32x 0.57x
EV / Revenue 0.4x 0.27x 0.3x 0.41x 0.31x 0.51x
EV / EBITDA 4.54x 2.8x 5.23x 5.63x 3.92x 4.92x
EV / EBIT 11.7x 5.17x 17.6x 11.4x 7.58x 7.46x
EV / FCF 5.25x 8.85x -7.78x -6.57x 11.2x 8.56x
FCF Yield 19% 11.3% -12.9% -15.2% 8.96% 11.7%
Dividend per Share 2 40 40 40 40 45 -
Rate of return 3.54% 3.59% 3.48% 2.9% 3.78% -
EPS 2 54.11 192.8 66.24 139 110.5 166.2
Distribution rate 73.9% 20.7% 60.4% 28.8% 40.7% -
Net sales 1 24,479 27,300 30,333 31,886 34,374 34,871
EBITDA 1 2,171 2,644 1,759 2,346 2,686 3,590
EBIT 1 843 1,434 523 1,158 1,391 2,367
Net income 1 518 1,808 615 1,283 1,013 1,525
Net Debt 1 -745 -3,033 -1,403 469 -391 -2,354
Reference price 2 1,130.00 1,113.00 1,149.00 1,380.00 1,192.00 2,180.00
Nbr of stocks (in thousands) 9,375 9,380 9,228 9,233 9,171 9,177
Announcement Date 28/05/21 27/05/22 30/05/23 30/05/24 29/05/25 26/05/26
1JPY in Million2JPY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 105M
8.81x0.66x4.84x5.1% 42.96B
9.09x0.32x4.12x11.39% 10.55B
10.09x0.26x9.91x3.23% 9.15B
8.77x0.45x4.99x4.26% 5.29B
18.3x - - - 4.92B
6.34x0.47x4.28x6.07% 3.75B
-70.33x0.24x8.89x2.06% 3.53B
-9.97x1.19x14.18x-.--% 3.38B
10.33x0.46x4.47x1.82% 3.44B
Average -0.95x 0.51x 6.96x 4.24% 8.71B
Weighted average by Cap. 5.53x 0.54x 5.84x 5.21%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation MORESCO Corporation