Company Valuation: Glory Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,25,920 1,62,308 1,57,942 1,46,596 2,16,304 2,42,618 - -
Change - 28.9% -2.69% -7.18% 47.55% 12.17% - -
Enterprise Value (EV) 1 1,28,478 2,09,293 2,20,192 1,80,614 2,60,258 2,70,418 2,69,818 2,66,918
Change - 62.9% 5.21% -17.97% 44.1% 3.9% -0.22% -1.07%
P/E 19.2x -17.3x 5.32x 9.13x 14x 13.8x 12.3x 10.1x
PBR 0.61x 0.83x 0.69x 0.62x 0.96x 0.96x 0.91x 0.97x
PEG - 0x -0x -0.2x -13.25x 0.8x 1x 0.5x
Capitalization / Revenue 0.56x 0.63x 0.42x 0.4x 0.64x 0.66x 0.65x 0.62x
EV / Revenue 0.57x 0.82x 0.59x 0.49x 0.77x 0.74x 0.72x 0.68x
EV / EBITDA 4.67x 17x 3.41x 3.58x 5.19x 6.76x 6.27x 4.71x
EV / EBIT 12.5x 401x 4.29x 5.14x 11.1x 8.19x 7.42x 6.85x
EV / FCF -8.3x -29.4x 26.6x 4.44x 6.8x 21.4x 19.8x 10.7x
FCF Yield -12.1% -3.4% 3.76% 22.5% 14.7% 4.67% 5.04% 9.33%
Dividend per Share 2 68 68 106 108 112 125 175 190
Rate of return 3.28% 2.35% 3.73% 4.11% 2.82% 2.73% 3.83% 4.16%
EPS 2 107.6 -167 533.6 287.8 284.7 332.2 371.6 453.7
Distribution rate 63.2% -40.7% 19.9% 37.5% 39.3% 37.6% 47.1% 41.9%
Net sales 1 2,26,562 2,55,857 3,72,478 3,69,017 3,38,900 3,65,650 3,74,000 3,92,250
EBITDA 1 27,503 12,284 64,656 50,512 50,146 40,000 43,000 56,700
EBIT 1 10,297 522 51,276 35,173 23,400 33,000 36,350 38,950
Net income 1 6,509 -9,538 29,674 16,053 18,200 19,850 19,800 23,950
Net Debt 1 2,558 46,985 62,250 34,018 43,954 27,800 27,200 24,300
Reference price 2 2,072.00 2,895.00 2,840.00 2,626.00 3,975.00 4,571.00 4,571.00 4,571.00
Nbr of stocks (in thousands) 60,772 56,065 55,613 55,825 54,416 53,078 - -
Announcement Date 12/05/22 11/05/23 10/05/24 13/05/25 15/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.37x6.07x22.54x0.76% 12TCr
30.96x5.71x19.76x1.95% 3.88TCr
39.4x4.47x16.58x0.1% 3.3TCr
21.34x1.76x12.96x2.28% 3.03TCr
25.7x3.09x13.32x1.46% 2.73TCr
22.54x3.27x14.1x1.04% 2.75TCr
22.84x3.53x11.84x1.6% 2.61TCr
25.99x3.27x15.97x1.74% 2.42TCr
87.99x30.4x71.29x0.43% 2.07TCr
Average 34.68x 6.84x 22.04x 1.26% 3.88TCr
Weighted average by Cap. 33.81x 6.11x 21.09x 1.15%

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