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 51,699 - -
Change - 25.4% -13.31% 4.47% 2.4% -18.71% - -
Enterprise Value (EV) 47,985 61,400 49,951 50,824 51,969 51,699 51,699 51,699
Change - 27.96% -18.65% 1.75% 2.25% -0.52% 0% 0%
P/E 75x 43.9x 19.9x 18.4x 14x 10.6x 9.78x 8.68x
PBR 5.46x 5.71x 4.13x 3.58x 3.05x 2.35x 2.09x 1.86x
PEG - 0x 0.2x 1.5x 0.4x 1.48x 1.12x 0.7x
Capitalization / Revenue 3.02x 2.69x 1.87x 1.75x 1.63x 1.28x 1.19x 1.1x
EV / Revenue 0x 0x 0x 0x 0x 1.28x 1.19x 1.1x
EV / EBITDA 0x 0x 0x - 0x 6.72x 6.06x 5.46x
EV / EBIT 0x 0x 0x 0x 0x 7.36x 6.59x 5.87x
EV / FCF 0x 0x 0x 0x 0x 16.4x 12.3x 10.5x
FCF Yield 2.17% 0.49% 5.41% 3.28% 2.48% 6.11% 8.14% 9.5%
Dividend per Share 2 - - - 27 50 51 57 63
Rate of return - - - 2.11% 3.87% 4.86% 5.43% 6.01%
EPS 2 15.47 31.96 61.87 69.59 92.12 98.7 107.3 120.8
Distribution rate - - - 38.8% 54.3% 51.7% 53.1% 52.2%
Net sales 1 18,101 25,488 31,807 35,528 39,012 40,530 43,565 46,960
EBITDA 1 1,223 2,656 5,036 - 7,414 7,690 8,530 9,470
EBIT 1 1,105 2,415 4,280 5,365 6,465 7,025 7,850 8,800
Net income 1 729.1 1,549 3,025 3,375 4,522 4,785 5,200 5,855
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 1,049.00 1,049.00 1,049.00
Nbr of stocks (in thousands) 47,143 48,878 48,334 48,522 49,185 49,284 - -
Announcement Date 14/2/22 14/2/23 13/2/24 13/2/25 13/2/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.68x1.38x4.27x6.77% 233B
10.63x2.53x6.69x5.86% 200B
13.69x2.15x5.6x4.09% 151B
12.29x0.87x3.24x6.47% 80.66B
12.49x1.78x7.62x3.45% 77.82B
12.96x2.01x5.1x2.45% 77.51B
24.38x5.48x20.01x4.39% 57.26B
15.16x2.64x8.26x5.18% 56.49B
16.85x1.82x5.7x4.6% 52.01B
Average 14.46x 2.29x 7.39x 4.81% 109.59B
Weighted average by Cap. 13.20x 2.10x 6.43x 5.21%

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