Company Valuation: VELTRA Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 13,076 14,887 20,955 20,921 9,880 6,405
Change - 13.85% 40.77% -0.16% -52.77% -35.18%
Enterprise Value (EV) 1 12,919 13,715 18,656 17,726 4,714 718.8
Change - 6.16% 36.03% -4.99% -73.41% -84.75%
P/E -8.44x -12.8x -25.8x -367x -24.2x 45.9x
PBR 23.7x 12.9x 15.4x 15.6x 3.94x 2.42x
PEG - 0.4x 0.7x 3.9x -0x -0x
Capitalization / Revenue 14.7x 30.3x 18x 6.7x 2.3x 1.4x
EV / Revenue 14.5x 27.9x 16x 5.68x 1.1x 0.16x
EV / EBITDA -11.8x -15.3x -30.7x 227x -589x 2.51x
EV / EBIT -9.68x -12.5x -23.5x -265x -26.8x 6.85x
EV / FCF -4.26x -40.5x 44x 15.2x 20.9x 1.34x
FCF Yield -23.5% -2.47% 2.27% 6.59% 4.79% 74.4%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -53.57 -35.11 -22.91 -1.603 -11.16 3.81
Distribution rate - - - - - -
Net sales 1 890 492 1,163 3,123 4,304 4,581
EBITDA 1 -1,099 -898 -607 78 -8 286
EBIT 1 -1,334 -1,098 -795 -67 -176 105
Net income 1 -1,547 -1,157 -794 -57 -407 140
Net Debt 1 -157 -1,172 -2,299 -3,195 -5,166 -5,686
Reference price 2 452.00 450.00 590.00 588.00 270.00 175.00
Nbr of stocks (in thousands) 28,930 33,081 35,517 35,580 36,593 36,599
Announcement Date 25/03/21 29/03/22 28/03/23 28/03/24 27/03/25 23/03/26
1JPY in Million2JPY
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 36.91M
14.14x3.86x8.99x1.46% 484B
19.74x5.84x17.55x-.--% 299B
6.94x150.71x5.5x0.08% 162B
23.82x2.54x13.13x-.--% 147B
9.73x11.91x117.87x0.45% 99.21B
30.27x3.65x23.9x-.--% 90.72B
27.91x5.24x14.8x-.--% 84.21B
69.38x4.08x19.92x-.--% 77.08B
8.14x3.93x43.93x0.53% 37.68B
Average 23.34x 21.31x 29.51x 0.28% 148.1B
Weighted average by Cap. 19.64x 20.84x 20.74x 0.53%

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 VELTRA Corporation