Company Valuation: Shofu Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 27,769 35,916 52,129 75,036 59,648 78,617 - -
Change - 29.34% 45.14% 43.94% -20.51% 31.8% - -
Enterprise Value (EV) 1 20,183 27,526 42,694 64,144 49,527 69,494 67,455 66,485
Change - 36.38% 55.11% 50.24% -22.79% 40.32% -2.93% -1.44%
P/E 10.9x 11.5x 14.2x 17.4x 12.2x 16.5x 14.3x 13.9x
PBR 0.85x 1.02x 1.26x 1.76x 1.23x 1.57x 1.47x 1.39x
PEG - 0.5x 0.8x 1x 0.9x -6.64x 0.9x 4.93x
Capitalization / Revenue 0.99x 1.13x 1.49x 1.94x 1.49x 1.84x 1.72x 1.59x
EV / Revenue 0.72x 0.87x 1.22x 1.66x 1.24x 1.63x 1.47x 1.35x
EV / EBITDA 4.9x 5.74x 7.26x 9.94x 7.7x 9.41x 8.09x 7.31x
EV / EBIT 6.27x 7.2x 9.07x 11.9x 9.48x 11.7x 10x 9.07x
EV / FCF - 14.6x 23.6x 25.3x -47.5x 49.7x 15.2x 18.4x
FCF Yield - 6.83% 4.23% 3.95% -2.1% 2.01% 6.57% 5.42%
Dividend per Share 2 19.5 28.5 31 49 60 60.33 68.33 74
Rate of return 2.5% 2.81% 2.11% 2.32% 3.58% 2.73% 3.09% 3.35%
EPS 2 71.61 88.05 103.1 121.5 137.4 134 154.7 159.1
Distribution rate 27.2% 32.4% 30.1% 40.3% 43.7% 45% 44.2% 46.5%
Net sales 1 28,137 31,678 35,080 38,698 39,994 42,707 45,803 49,362
EBITDA 1 4,118 4,795 5,877 6,451 6,436 7,383 8,333 9,100
EBIT 1 3,217 3,824 4,709 5,392 5,226 5,944 6,726 7,328
Net income 1 2,546 3,135 3,655 4,317 4,887 4,768 5,507 5,663
Net Debt 1 -7,586 -8,390 -9,435 -10,892 -10,121 -9,123 -11,162 -12,132
Reference price 2 780.50 1,014.50 1,469.00 2,111.00 1,676.00 2,209.00 2,209.00 2,209.00
Nbr of stocks (in thousands) 35,578 35,402 35,486 35,545 35,589 35,589 - -
Announcement Date 11/05/22 10/05/23 09/05/24 09/05/25 13/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.49x1.63x9.41x2.73% 484M
30.59x4.03x12.87x4.81% 14.57B
11.35x - - 3.17% 4.09B
45.55x - - 0.55% 3.3B
17.06x - - 2.98% 2.57B
8.42x0.56x2.58x5.31% 2B
21.35x - - - 1.99B
22.54x1.41x9x1.99% 1.28B
18.51x2.96x9.84x6.28% 981M
22.54x2.44x9.62x0.55% 980M
Average 21.44x 2.17x 8.89x 3.15% 3.22B
Weighted average by Cap. 25.51x 3.34x 11.22x 3.76%

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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