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 65,42,773 - -
Change - 33.47% 273.95% -47.71% 105.02% -1.5% - -
Enterprise Value (EV) 1 11,15,729 14,93,968 59,80,985 30,10,690 63,57,640 61,85,328 60,88,244 59,65,180
Change - 33.9% 300.34% -49.66% 111.17% -2.71% -1.57% -2.02%
P/E 18.7x 20x 73.6x 26.1x 49x 35.2x 28.9x 25.6x
PBR 4.24x 4.78x 15.3x 6.78x 11.3x 9.34x 7.8x 6.72x
PEG - 0.8x 47.66x 0.6x 5.26x 0.9x 1.3x 2x
Capitalization / Revenue 4.89x 5.83x 20.1x 8.24x 15.2x 11.8x 10.1x 8.92x
EV / Revenue 4.4x 5.26x 19.4x 7.65x 14.6x 11.2x 9.37x 8.14x
EV / EBITDA 11.2x 12.4x 45.1x 16.8x 31.8x 23.4x 19.1x 16.5x
EV / EBIT 12.2x 13.5x 49.2x 18x 34.4x 24.7x 19.9x 16.9x
EV / FCF 27.8x 21.7x 73.7x 56.3x -2,856x 48.6x 33.9x 26.2x
FCF Yield 3.59% 4.6% 1.36% 1.78% -0.04% 2.06% 2.95% 3.81%
Dividend per Share 2 269.3 305.3 307 413 505 689.6 845.7 1,066
Rate of return 2.35% 2% 0.54% 1.38% 0.82% 1.14% 1.4% 1.77%
EPS 2 611.7 765.5 777.3 1,143 1,250 1,716 2,086 2,352
Distribution rate 44% 39.9% 39.5% 36.1% 40.4% 40.2% 40.5% 45.3%
Net sales 1 2,53,781 2,84,135 3,07,554 3,93,300 4,36,889 5,52,456 6,49,734 7,33,268
EBITDA 1 1,00,064 1,20,784 1,32,521 1,79,000 1,99,810 2,63,993 3,18,003 3,60,717
EBIT 1 91,513 1,10,413 1,21,490 1,66,800 1,84,989 2,50,498 3,05,944 3,53,599
Net income 1 66,206 82,891 84,205 1,23,900 1,35,521 1,85,469 2,26,321 2,61,373
Net Debt 1 -1,25,771 -1,63,053 -2,15,486 -2,29,167 -2,84,575 -3,57,445 -4,54,529 -5,77,593
Reference price 2 11,466.67 15,300.00 57,190.00 29,895.00 61,240.00 60,320.00 60,320.00 60,320.00
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.($)
37.52x11.46x32.79x0.4% 39TCr
67.21x10.12x51.66x0.14% 7.69TCr
91.02x20.71x96.22x0.08% 5.29TCr
35.26x9.37x24.37x0.49% 4.69TCr
34.83x11.09x23.2x1.15% 4.09TCr
98.65x23.08x100.54x0.12% 2.97TCr
37.36x3.49x10.69x0.41% 2.67TCr
81.74x15.97x77.31x0.31% 2.12TCr
49.32x16.94x36.88x1.68% 2TCr
Average 59.21x 13.58x 50.41x 0.53% 7.88TCr
Weighted average by Cap. 48.63x 12.32x 41.91x 0.42%

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