Company Valuation: Vision Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 54,686 68,576 59,450 62,108 63,597 50,193 - -
Change - 25.4% -13.31% 4.47% 2.4% -21.08% - -
Enterprise Value (EV) 47,985 61,400 49,951 50,824 51,969 50,193 50,193 50,193
Change - 27.96% -18.65% 1.75% 2.25% -3.42% 0% 0%
P/E Ratio 75x 43.9x 19.9x 18.4x 14x 10x 9.15x 8.38x
PBR 5.46x 5.71x 4.13x 3.58x 3.05x 2.21x 1.95x -
PEG - 0x 0.2x 1.5x 0.4x 1x 0.93x 0.92x
Capitalization / Revenue 3.02x 2.69x 1.87x 1.75x 1.63x 1.23x 1.15x 1.07x
EV / Revenue 0x 0x 0x 0x 0x 1.23x 1.15x 1.07x
EV / EBITDA 0x 0x 0x - 0x 5.9x 5.34x -
EV / EBIT 0x 0x 0x 0x 0x 6.74x 5.96x 5.23x
EV / FCF 0x 0x 0x 0x 0x 9.88x 8.71x -
FCF Yield 2.17% 0.49% 5.41% 3.28% 2.48% 10.1% 11.5% -
Dividend per Share 2 - - - 27 50 51 59 66
Rate of return - - - 2.11% 3.87% 5% 5.78% 6.47%
EPS 2 15.47 31.96 61.87 69.59 92.12 101.5 111.5 121.7
Distribution rate - - - 38.8% 54.3% 50.2% 52.9% 54.2%
Net sales 1 18,101 25,488 31,807 35,528 39,012 40,800 43,600 47,100
EBITDA 1 1,223 2,656 5,036 - 7,414 8,510 9,400 -
EBIT 1 1,105 2,415 4,280 5,365 6,465 7,450 8,417 9,600
Net income 1 729.1 1,549 3,025 3,375 4,522 5,067 5,627 6,400
Net Debt -6,701 -7,176 -9,499 -11,284 -11,628 - - -
Reference price 2 1,160.00 1,403.00 1,230.00 1,280.00 1,293.00 1,020.00 1,020.00 1,020.00
Nbr of stocks (in thousands) 47,143 48,878 48,334 48,522 49,185 49,209 - -
Announcement Date 14/02/22 14/02/23 13/02/24 13/02/25 13/02/26 - - -
1JPY in Million2JPY
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.64x1.36x4.23x6.89% 230B
10.02x2.5x6.69x5.87% 201B
14.12x2.19x5.76x3.99% 158B
13.38x2.09x5.26x2.31% 83.43B
12.55x0.84x3.12x6.33% 78.1B
11.67x1.69x6.93x3.6% 75.23B
15.87x2.76x8.65x4.98% 58.95B
17.55x1.95x6.07x4.41% 54.91B
16.26x5.24x19.01x4.42% 54.6B
Average 13.67x 2.29x 7.30x 4.75% 110.4B
Weighted average by Cap. 12.76x 2.10x 6.35x 5.16%

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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