Company Valuation: DIC Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 274,123 220,164 262,350 320,406 345,867 474,607 - -
Change - -19.68% 19.16% 22.13% 7.95% 37.22% - -
Enterprise Value (EV) 1 614,881 666,113 703,775 742,869 735,231 860,947 805,776 788,266
Change - 8.33% 5.65% 5.55% -1.03% 17.1% -6.41% -2.17%
P/E 62.8x 12.5x -6.58x 15x 10.7x 10.4x 12.8x 9.92x
PBR 0.79x 0.57x 0.72x 0.8x 0.73x 0.98x 0.9x 0.78x
PEG - 0x 0x -0x 0.2x 0.3x -0.7x 0.3x
Capitalization / Revenue 0.32x 0.21x 0.25x 0.3x 0.33x 0.41x 0.41x 0.4x
EV / Revenue 0.72x 0.63x 0.68x 0.69x 0.7x 0.75x 0.7x 0.67x
EV / EBITDA 7.59x 7.53x 9.91x 7.55x 6.86x 6.76x 6.47x 5.85x
EV / EBIT 14.3x 16.8x 39.2x 16.7x 14.1x 11.9x 11.8x 10.3x
EV / FCF -5.98x -16x 21.5x 787x 22.8x 30.5x 9.96x 15.9x
FCF Yield -16.7% -6.24% 4.65% 0.13% 4.38% 3.28% 10% 6.29%
Dividend per Share 2 100 100 80 100 200 166.7 173.3 175
Rate of return 3.45% 4.3% 2.89% 2.96% 5.47% 3.33% 3.46% 3.49%
EPS 2 46.12 186 -421.1 225.1 341.7 480.6 390 505.2
Distribution rate 217% 53.7% -19% 44.4% 58.5% 34.7% 44.4% 34.6%
Net sales 1 855,400 1,054,201 1,038,736 1,071,127 1,052,194 1,144,800 1,155,533 1,182,150
EBITDA 1 81,000 88,474 71,040 98,452 107,158 127,325 124,592 134,750
EBIT 1 42,900 39,682 17,943 44,521 52,192 72,467 68,467 76,900
Net income 1 4,400 17,610 -39,857 21,313 32,353 45,200 36,350 45,600
Net Debt 1 340,758 445,949 441,425 422,463 389,364 386,340 331,169 313,659
Reference price 2 2,896.00 2,326.00 2,771.50 3,384.00 3,653.00 5,011.00 5,011.00 5,011.00
Nbr of stocks (in thousands) 94,656 94,653 94,660 94,683 94,680 94,713 - -
Announcement Date 18/2/22 14/2/23 13/2/24 12/2/25 16/2/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
10.38x0.75x6.74x3.34% 2.99B
38.69x5.23x21.32x1% 81.97B
33.88x5.12x21.89x1.89% 43.56B
23.93x2.84x14.86x2.19% 34.08B
15.25x1.58x8.76x2.75% 33.22B
39.49x7.1x18.82x1.57% 32.33B
14.66x1.4x8.66x2.17% 26B
39.41x9.55x29.29x2.25% 23.83B
26.04x2.81x11.41x1.72% 18.73B
7.99x2.25x4.48x3.28% 16.84B
Average 24.97x 3.86x 14.62x 2.22% 31.35B
Weighted average by Cap. 29.41x 4.42x 17.03x 1.88%

Y-o-Y evolution of P/E

Valuation ratios - P/E - DIC Corporation

Historical PBR trend

Valuation ratios - PBR - DIC Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - DIC Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - DIC Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - DIC Corporation
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