Company Valuation: DTS Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,20,697 1,40,384 1,72,448 1,56,255 1,63,648 1,83,100 - -
Change - 16.31% 22.84% -9.39% 4.73% 11.89% - -
Enterprise Value (EV) 73,377 96,054 1,33,048 1,25,737 1,33,082 1,83,100 1,83,100 1,83,100
Change - 30.9% 38.51% -5.5% 5.84% 37.58% 0% 0%
P/E 15.5x 17.7x 23.9x 15.7x 14.1x 15.4x 14.1x 13.1x
PBR 1.95x 2.29x 2.77x 2.77x 2.58x 2.78x 2.59x 2.4x
PEG - 3.54x -3.36x 0.3x 0.9x 4.76x 1.58x 1.68x
Capitalization / Revenue 1.28x 1.32x 1.49x 1.24x 1.21x 1.28x 1.21x 1.15x
EV / Revenue 0x 0x 0x 0x 0x 1.28x 1.21x 1.15x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.6x 9.81x 9.12x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 17.5 30 25.75 31.75 82 38 41.67 44.67
Rate of return 2.61% 3.73% 2.56% 3.18% 7.98% 3.28% 3.6% 3.86%
EPS 2 43.2 45.35 42.13 63.45 72.94 75.3 82 88.4
Distribution rate 40.5% 66.1% 61.1% 50% 112% 50.5% 50.8% 50.5%
Net sales 1 94,452 1,06,132 1,15,727 1,25,908 1,35,213 1,43,575 1,50,813 1,59,483
EBITDA 11,798 12,436 - - - - - -
EBIT 1 11,196 11,694 12,508 14,489 16,434 17,282 18,667 20,067
Net income 1 7,853 8,001 7,293 10,635 11,644 11,883 12,853 13,780
Net Debt -47,320 -44,330 -39,400 -30,518 -30,566 - - -
Reference price 2 669.50 805.00 1,005.00 998.75 1,027.00 1,158.00 1,158.00 1,158.00
Nbr of stocks (in thousands) 1,80,280 1,74,390 1,71,591 1,56,451 1,59,345 1,58,117 - -
Announcement Date 28/04/22 28/04/23 26/04/24 01/05/25 01/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22x3.58x12.52x3.05% 21TCr
12.09x1.33x7x3.97% 9.99TCr
-104.41x16.55x95.82x-.--% 10TCr
15.77x2.89x10.9x5.21% 9.22TCr
21.01x5.48x13.46x2.73% 6.28TCr
15.13x2.21x9.37x5.16% 4.9TCr
22.02x1.8x11.45x1.33% 4.25TCr
18.43x2.37x11.35x4.69% 3.83TCr
22.32x1.66x10.47x0.85% 4.16TCr
Average 4.93x 4.21x 20.26x 3% 8.21TCr
Weighted average by Cap. 1.49x 4.80x 22.86x 2.99%

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