Company Valuation: CSS Holdings,Ltd.

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025
Market Cap 1 1,435 1,591 1,553 4,330 4,205 5,046
Change - 10.85% -2.36% 178.78% -2.88% 19.98%
Enterprise Value (EV) 1 1,512 2,074 1,894 4,316 3,778 4,172
Change - 37.15% -8.66% 127.86% -12.46% 10.41%
P/E 62.4x -3.77x 15.2x 19x 9.89x 8.61x
PBR 0.56x 0.74x 0.72x 1.85x 1.57x 1.61x
PEG - 0x -0x 0x 0.1x 0.2x
Capitalization / Revenue 0.12x 0.17x 0.14x 0.29x 0.24x 0.26x
EV / Revenue 0.13x 0.22x 0.17x 0.29x 0.21x 0.21x
EV / EBITDA -1.53x -3.28x -18x 12.5x 5.66x 5.23x
EV / EBIT -1.41x -2.89x -10.2x 15.6x 6.34x 5.81x
EV / FCF -3x -3.29x 36.9x 10.9x 7.98x 6.46x
FCF Yield -33.4% -30.4% 2.71% 9.21% 12.5% 15.5%
Dividend per Share 2 5 5 5 17 20 35
Rate of return 1.76% 1.59% 1.61% 1.96% 2.38% 3.48%
EPS 2 4.553 -83.3 20.44 45.66 85.11 116.8
Distribution rate 110% -6% 24.5% 37.2% 23.5% 30%
Net sales 1 11,962 9,412 10,883 14,832 17,631 19,499
EBITDA 1 -989 -633 -105 344 667 798
EBIT 1 -1,072 -717 -186 276 596 718
Net income 1 23 -420 102 230 429 587
Net Debt 1 77 483 341 -14 -427 -874
Reference price 2 284.00 314.00 311.00 867.00 842.00 1,006.00
Nbr of stocks (in thousands) 5,054 5,067 4,995 4,995 4,995 5,016
Announcement Date 21/12/20 22/12/21 19/12/22 18/12/23 20/12/24 22/12/25
1JPY in Million2JPY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 2.86Cr
20.83x2.25x10.75x3.66% 3.08TCr
40.66x1.39x14.77x0.34% 556.4Cr
9.72x0.3x1.55x-.--% 243.23Cr
13.26x0.83x4.26x2.17% 125.07Cr
11.72x1.05x4.99x1.86% 96Cr
-3.37x - - - 5.31Cr
Average 15.47x 1.16x 7.27x 1.61% 587.34Cr
Weighted average by Cap. 22.38x 1.94x 10.42x 2.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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