Company Valuation: Daiichi Sankyo Company, Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 61,79,276 51,36,821 92,44,546 91,59,669 65,90,893 47,60,544 - -
Change - -16.87% 79.97% -0.92% -28.04% -27.77% - -
Enterprise Value (EV) 1 55,38,193 44,56,437 89,95,480 86,14,202 60,52,387 42,37,592 42,28,286 41,67,490
Change - -19.53% 101.85% -4.24% -29.74% -29.98% -0.22% -1.44%
P/E ratio 82.3x 76.7x 84.7x 45.6x 22.5x 16.3x 13.6x 11.9x
PBR 4.86x 3.8x 6.39x 5.43x 4.1x 2.63x 2.42x 2.12x
PEG - -7.1x 1.3x 0.5x 0.5x 7.61x 0.7x 0.8x
Capitalization / Revenue 6.42x 4.92x 7.23x 5.72x 3.49x 2.23x 2.03x 1.89x
EV / Revenue 5.75x 4.26x 7.04x 5.38x 3.21x 1.99x 1.81x 1.65x
EV / EBITDA 45.7x 33.9x 47.8x 31.8x 15.1x 10.1x 8.8x 8.61x
EV / EBIT 86.8x 61x 74.6x 40.7x 18.2x 12.7x 10.3x 9.19x
EV / FCF 36.2x 58.3x -62.8x 27.2x -97x 15.1x 18.5x 14.5x
FCF Yield 2.76% 1.72% -1.59% 3.68% -1.03% 6.6% 5.42% 6.91%
Dividend per Share 2 27 27 30 50 60 78.38 82.78 91.23
Rate of return 0.84% 1.01% 0.62% 1.05% 1.71% 3.02% 3.19% 3.51%
EPS 2 39.17 34.94 56.96 104.7 156 159.3 190.2 217.6
Distribution rate 68.9% 77.3% 52.7% 47.8% 38.5% 49.2% 43.5% 41.9%
Net sales 1 9,62,516 10,44,900 12,78,478 16,01,700 18,86,256 21,31,452 23,42,079 25,20,381
EBITDA 1 1,21,177 1,31,270 1,88,369 2,71,234 4,00,574 4,20,981 4,80,491 4,83,802
EBIT 1 63,795 73,000 1,20,580 2,11,600 3,31,925 3,34,860 4,12,158 4,53,596
Net income 1 75,958 67,000 1,09,188 2,00,700 2,95,756 3,01,874 3,50,958 3,99,590
Net Debt 1 -6,41,083 -6,80,384 -2,49,066 -5,45,467 -5,38,506 -5,22,952 -5,32,258 -5,93,054
Reference price 2 3,225.00 2,680.00 4,822.00 4,777.00 3,511.00 2,596.00 2,596.00 2,596.00
Nbr of stocks (in thousands) 19,16,055 19,16,724 19,17,160 19,17,452 18,77,212 18,33,800 - -
Announcement Date 27/04/21 27/04/22 27/04/23 25/04/24 25/04/25 - - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.14x1.99x10.07x3.02% 3.04TCr
27.83x10.14x20.87x0.72% 85TCr
23.65x5.46x14.84x2.41% 53TCr
24.57x6.1x12.42x3.41% 36TCr
16.67x4.18x10.31x3.18% 32TCr
22.88x4.76x13.54x1.83% 28TCr
20.12x5.43x13.2x3.09% 28TCr
49.69x4.63x17.34x2.99% 28TCr
13.18x4.82x9.89x3.84% 20TCr
21.33x5.83x10.12x3.04% 18TCr
Average 23.61x 5.33x 13.26x 2.75% 33.06TCr
Weighted average by Cap. 25.10x 6.42x 15.03x 2.34%

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

  1. Stock Market
  2. Equities
  3. 4568 Stock
  4. Valuation Daiichi Sankyo Company, Limited