Company Valuation: Takashimaya Company, Limited

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 187,241 299,060 355,526 373,602 579,875 679,082 - -
Change - 59.72% 18.88% 5.08% 55.21% 17.11% - -
Enterprise Value (EV) 1 398,803 512,026 606,586 624,538 915,158 917,782 879,086 869,445
Change - 28.39% 18.47% 2.96% 46.53% 0.29% -4.22% -1.1%
P/E 34.9x 11.2x 11.2x 9.75x -72.1x 16.8x 16.4x 15.6x
PBR 0.47x 0.72x 0.78x 0.79x 1.29x 1.42x 1.34x 1.26x
PEG - 0x 0.6x 0.4x 1x -0x 6.11x 3.15x
Capitalization / Revenue 0.25x 0.67x 0.76x 0.75x 1.18x 1.34x 1.31x 1.29x
EV / Revenue 0.52x 1.15x 1.3x 1.25x 1.86x 1.81x 1.7x 1.65x
EV / EBITDA 11.1x 7.75x 7.54x 6.89x 10.4x 9.83x 9.05x 8.64x
EV / EBIT 97x 15.7x 13.2x 10.9x 17.1x 15.6x 14.3x 13.6x
EV / FCF -24.8x 19.9x 28.8x 19x 99.2x 68.3x 42.5x 35.7x
FCF Yield -4.03% 5.04% 3.47% 5.25% 1.01% 1.47% 2.35% 2.8%
Dividend per Share 2 12 13 18.5 24.5 34 40.25 43.25 45.75
Rate of return 2.14% 1.37% 1.64% 1.99% 1.72% 1.74% 1.87% 1.97%
EPS 2 16.07 84.89 100.2 126.3 -27.44 138 141.7 148.7
Distribution rate 74.7% 15.3% 18.5% 19.4% -124% 29.2% 30.5% 30.8%
Net sales 1 761,124 443,443 466,134 498,491 492,370 506,925 518,209 528,209
EBITDA 1 35,778 66,099 80,464 90,702 87,672 93,367 97,106 100,658
EBIT 1 4,110 32,519 45,937 57,503 53,516 58,800 61,355 63,794
Net income 1 5,360 27,838 31,620 39,525 -8,194 40,425 41,505 43,569
Net Debt 1 211,562 212,966 251,060 250,936 335,283 238,700 200,004 190,363
Reference price 2 561.50 948.00 1,127.00 1,231.50 1,979.00 2,317.50 2,317.50 2,317.50
Nbr of stocks (in thousands) 333,466 315,464 315,463 303,372 293,014 293,024 - -
Announcement Date 11/4/22 14/4/23 12/4/24 14/4/25 14/4/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.84x1.81x9.85x1.73% 4.16B
17.71x1.36x9.32x3.65% 16.36B
73.48x6.37x35.36x0.17% 16.34B
14.44x1.25x9.56x5.69% 8.96B
14.02x - - 3.57% 7.54B
10.83x0.35x4.22x2.95% 6.57B
12.2x0.92x5.46x2.74% 4.63B
24.08x2.36x11.05x1.85% 4.58B
11.67x1.7x7.39x5.89% 4.11B
7.97x1.1x5.21x5.94% 3.74B
Average 20.33x 1.91x 10.82x 3.42% 7.7B
Weighted average by Cap. 27.42x 2.50x 14.55x 3.05%

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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