Company Valuation: Calbee, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,77,134 3,05,175 3,46,148 4,28,366 3,49,012 3,41,662 - -
Change - -19.08% 13.43% 23.75% -18.52% -2.11% - -
Enterprise Value (EV) 1 2,99,336 2,48,153 3,15,830 4,11,106 3,28,811 3,50,615 3,33,312 3,35,843
Change - -17.1% 27.27% 30.17% -20.02% 6.63% 2.12% 0.76%
P/E Ratio 21.3x 17.3x 24.1x 21.5x 16.7x 22x 19.1x 17.1x
PBR 2.15x 1.73x 1.99x 2.23x 1.7x 1.78x 1.55x 1.53x
PEG - 5.79x -1.6x 0.6x 3.37x -1.4x 4.08x 1.5x
Capitalization / Revenue 1.41x 1.24x 1.24x 1.41x 1.08x 1.1x 0.93x 0.91x
EV / Revenue 1.12x 1.01x 1.13x 1.36x 1.02x 1.03x 0.9x 0.89x
EV / EBITDA 7.9x 6.87x 9.22x 10.3x 7.58x 8.1x 7.6x 7.04x
EV / EBIT 11.1x 9.87x 14.2x 15.1x 11.3x 13.4x 12.4x 11.3x
EV / FCF 15.2x 25.2x -42.6x -37.5x 31.3x 37.4x 46.3x 32.2x
FCF Yield 6.59% 3.96% -2.34% -2.67% 3.19% 2.68% 2.16% 3.11%
Dividend per Share 2 50 52 52 56 58 66 69 72.15
Rate of return 1.77% 2.21% 1.88% 1.63% 2.08% 2.14% 2.46% 2.57%
EPS 2 132.3 136.2 115.2 159.2 167.1 140 147.5 164
Distribution rate 37.8% 38.2% 45.2% 35.2% 34.7% 47.1% 46.8% 44%
Net sales 1 2,66,745 2,45,419 2,79,315 3,03,027 3,22,564 3,40,151 3,68,500 3,76,500
EBITDA 1 37,868 36,143 34,259 39,979 43,362 43,266 43,833 47,721
EBIT 1 27,064 25,135 22,233 27,304 29,066 26,173 26,780 29,750
Net income 1 17,682 18,053 14,772 19,886 20,874 17,329 17,880 19,817
Net Debt 1 -77,798 -57,022 -30,318 -17,260 -20,201 -23,511 -8,350 -5,819
Reference price 2 2,822.00 2,355.00 2,771.00 3,429.00 2,793.50 2,810.00 2,810.00 2,810.00
Nbr of stocks (in thousands) 1,33,641 1,29,586 1,24,918 1,24,925 1,24,937 1,21,588 - -
Announcement Date 13/05/21 10/05/22 09/05/23 09/05/24 12/05/25 14/05/26 - -
1JPY in Million2JPY
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.69x2.86x14.07x3.97% 26TCr
21.11x2.48x14.62x3.35% 7.89TCr
17.56x1.79x10.08x3.52% 4.94TCr
17.43x0.53x10.23x2.62% 3.82TCr
22.56x3.34x13.57x3.18% 3.67TCr
37.77x3.28x18.28x0.94% 3.02TCr
11.46x1.88x9.25x6.69% 2.84TCr
67.16x10.02x42.57x1.13% 2.8TCr
Average 26.84x 3.27x 16.58x 3.18% 6.83TCr
Weighted average by Cap. 22.75x 2.92x 14.93x 3.52%

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

- 40% : Our Best Subscriber-Only Tools to Spot Tomorrow’s Top Investments!
d
:
:
SEIZE THE OFFER!