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 73,670 - -
Change - 29.34% 45.14% 43.94% -20.51% 23.51% - -
Enterprise Value (EV) 1 20,183 27,526 42,694 64,144 49,527 64,547 62,508 61,538
Change - 36.38% 55.11% 50.24% -22.79% 30.33% -3.16% -1.55%
P/E 10.9x 11.5x 14.2x 17.4x 12.2x 15.5x 13.4x 13x
PBR 0.85x 1.02x 1.26x 1.76x 1.23x 1.47x 1.38x 1.3x
PEG - 0.5x 0.8x 1x 0.9x -6.24x 0.9x 4.61x
Capitalization / Revenue 0.99x 1.13x 1.49x 1.94x 1.49x 1.73x 1.61x 1.49x
EV / Revenue 0.72x 0.87x 1.22x 1.66x 1.24x 1.51x 1.36x 1.25x
EV / EBITDA 4.9x 5.74x 7.26x 9.94x 7.7x 8.74x 7.5x 6.76x
EV / EBIT 6.27x 7.2x 9.07x 11.9x 9.48x 10.9x 9.29x 8.4x
EV / FCF - 14.6x 23.6x 25.3x -47.5x 46.2x 14.1x 17.1x
FCF Yield - 6.83% 4.23% 3.95% -2.1% 2.16% 7.09% 5.86%
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% 2.91% 3.3% 3.57%
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 2,070.00 2,070.00 2,070.00
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.($)
15.33x1.5x8.67x2.94% 449M
28.75x3.83x12.23x5.12% 13.64B
11.92x - - 3.02% 4.28B
48.27x - - 0.52% 3.48B
16.09x - - 3.16% 2.41B
7.79x0.51x2.33x5.8% 1.9B
20x - - - 1.86B
22.94x1.44x9.13x1.83% 1.31B
17.75x2.82x9.36x6.55% 938M
20.4x2.28x8.98x0.59% 905M
Average 20.92x 2.06x 8.45x 3.28% 3.12B
Weighted average by Cap. 24.83x 3.16x 10.66x 3.88%

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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