Company Valuation: SMC Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,498,029 4,517,820 5,444,322 3,382,361 3,780,140 3,476,015 - -
Change - 0.44% 20.51% -37.87% 11.76% -8.05% - -
Enterprise Value (EV) 1 3,812,519 3,906,510 4,946,102 2,731,623 3,121,362 2,794,420 2,742,951 2,656,821
Change - 2.47% 26.61% -44.77% 14.27% -10.47% -1.84% -3.14%
P/E 23.5x 20.3x 30.7x 21.7x 22.7x 15.9x 14.8x 14.2x
PBR 2.89x 2.65x 2.89x 1.75x 1.79x 1.57x 1.47x 1.38x
PEG - 1.1x -1.6x -1.9x 2.84x 0.5x 2.08x 3.42x
Capitalization / Revenue 6.18x 5.48x 7.01x 4.27x 4.49x 3.22x 2.94x 2.84x
EV / Revenue 5.24x 4.74x 6.37x 3.45x 3.7x 2.59x 2.32x 2.17x
EV / EBITDA 15.3x 13.8x 21.5x 12.2x 13.3x 8.32x 7.48x 7x
EV / EBIT 16.7x 15.1x 25.2x 14.4x 16.4x 10.3x 9.21x 8.67x
EV / FCF 95.6x 269x -147x 11.8x 38.3x 16.6x 14.5x 12.4x
FCF Yield 1.05% 0.37% -0.68% 8.49% 2.61% 6.02% 6.9% 8.07%
Dividend per Share 2 750 900 950 1,000 1,000 1,048 1,158 1,219
Rate of return 1.09% 1.29% 1.12% 1.88% 1.67% 1.89% 2.09% 2.21%
EPS 2 2,924 3,445 2,767 2,445 2,640 3,480 3,727 3,882
Distribution rate 25.7% 26.1% 34.3% 40.9% 37.9% 30.1% 31.1% 31.4%
Net sales 1 727,397 824,772 776,873 792,108 842,500 1,080,460 1,182,743 1,226,083
EBITDA 1 248,414 283,967 229,581 224,552 235,300 335,861 366,488 379,522
EBIT 1 227,857 258,200 196,226 190,244 190,500 270,724 297,760 306,274
Net income 1 192,991 224,609 178,321 156,344 167,300 218,658 233,022 241,028
Net Debt 1 -685,510 -611,310 -498,220 -650,738 -658,778 -681,594 -733,064 -819,193
Reference price 2 68,840.00 69,830.00 84,830.00 53,070.00 59,870.00 55,290.00 55,290.00 55,290.00
Nbr of stocks (in thousands) 65,340 64,697 64,179 63,734 63,139 62,869 - -
Announcement Date 13/05/22 15/05/23 14/05/24 14/05/25 14/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.89x2.59x8.32x1.89% 21.95B
29.55x5.08x18.11x0.9% 116B
30.46x4.77x18.2x1.76% 87.19B
30.31x3.48x19.96x0.68% 67.45B
41.64x6.51x28.68x1.84% 60.8B
31.18x6.44x18.86x-.--% 46.33B
22.84x1.96x14.13x2.06% 33.24B
23.38x4.3x16.22x0.1% 31.87B
21.93x4.17x14.33x2.73% 31.03B
22.44x3.25x13.99x1.04% 27.11B
Average 26.96x 4.25x 17.08x 1.3% 52.27B
Weighted average by Cap. 29.15x 4.61x 18.44x 1.23%

Y-o-Y evolution of P/E

Valuation ratios - P/E - SMC Corporation

Historical PBR trend

Valuation ratios - PBR - SMC Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - SMC Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - SMC Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - SMC Corporation
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