Company Valuation: Disco Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 12,41,500 16,57,021 61,96,471 32,39,857 66,42,215 65,74,229 - -
Change - 33.47% 273.95% -47.71% 105.02% -1.02% - -
Enterprise Value (EV) 1 11,15,729 14,93,968 59,80,985 30,10,690 63,57,640 62,16,974 61,19,902 59,94,248
Change - 33.9% 300.34% -49.66% 111.17% -2.21% -1.56% -2.05%
P/E 18.7x 20x 73.6x 26.1x 49x 35.3x 29x 25.6x
PBR 4.24x 4.78x 15.3x 6.78x 11.3x 9.42x 7.85x 6.77x
PEG - 0.8x 47.66x 0.6x 5.26x 0.9x 1.3x 1.9x
Capitalization / Revenue 4.89x 5.83x 20.1x 8.24x 15.2x 11.8x 10.1x 8.87x
EV / Revenue 4.4x 5.26x 19.4x 7.65x 14.6x 11.2x 9.37x 8.09x
EV / EBITDA 11.2x 12.4x 45.1x 16.8x 31.8x 23.6x 19.1x 16.4x
EV / EBIT 12.2x 13.5x 49.2x 18x 34.4x 24.8x 19.9x 16.8x
EV / FCF 27.8x 21.7x 73.7x 56.3x -2,856x 49.2x 35.2x 28.8x
FCF Yield 3.59% 4.6% 1.36% 1.78% -0.04% 2.03% 2.84% 3.47%
Dividend per Share 2 269.3 305.3 307 413 505 691.2 845.1 1,068
Rate of return 2.35% 2% 0.54% 1.38% 0.82% 1.14% 1.39% 1.76%
EPS 2 611.7 765.5 777.3 1,143 1,250 1,719 2,093 2,375
Distribution rate 44% 39.9% 39.5% 36.1% 40.4% 40.2% 40.4% 45%
Net sales 1 2,53,781 2,84,135 3,07,554 3,93,300 4,36,889 5,55,847 6,53,040 7,41,037
EBITDA 1 1,00,064 1,20,784 1,32,521 1,79,000 1,99,810 2,63,827 3,19,643 3,66,024
EBIT 1 91,513 1,10,413 1,21,490 1,66,800 1,84,989 2,51,092 3,06,925 3,56,983
Net income 1 66,206 82,891 84,205 1,23,900 1,35,521 1,85,851 2,27,020 2,63,847
Net Debt 1 -1,25,771 -1,63,053 -2,15,486 -2,29,167 -2,84,575 -3,57,255 -4,54,326 -5,79,981
Reference price 2 11,466.67 15,300.00 57,190.00 29,895.00 61,240.00 60,700.00 60,700.00 60,700.00
Nbr of stocks (in thousands) 1,08,270 1,08,302 1,08,349 1,08,375 1,08,462 1,08,468 - -
Announcement Date 21/04/22 20/04/23 25/04/24 17/04/25 22/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.4x11.07x31.95x0.41% 38TCr
66.31x9.99x50.74x0.14% 7.56TCr
65.55x19.45x86.87x0.12% 5.04TCr
35.77x9.41x24.42x0.49% 4.73TCr
35.31x11.2x23.6x1.14% 4.13TCr
68.55x20.76x65.55x0.13% 2.82TCr
35.31x3.29x10.08x0.44% 2.52TCr
80.75x15.77x76.36x0.31% 2.1TCr
60.62x20.56x78.26x0.21% 1.93TCr
Average 53.84x 13.50x 49.76x 0.38% 7.66TCr
Weighted average by Cap. 45.01x 11.98x 40.24x 0.39%

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