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 2,29,030 - -
Change - 28.9% -2.69% -7.18% 47.55% 5.88% - -
Enterprise Value (EV) 1 1,28,478 2,09,293 2,20,192 1,80,614 2,60,258 2,56,830 2,10,930 1,99,330
Change - 62.9% 5.21% -17.97% 44.1% -1.32% -17.87% -5.5%
P/E 19.2x -17.3x 5.32x 9.13x 14x 18.1x 10x 9.26x
PBR 0.61x 0.83x 0.69x 0.62x 0.96x 1.08x 0.97x 0.9x
PEG - 0x -0x -0.2x -13.25x -1.1x 0.1x 1.14x
Capitalization / Revenue 0.56x 0.63x 0.42x 0.4x 0.64x 0.63x 0.6x 0.58x
EV / Revenue 0.57x 0.82x 0.59x 0.49x 0.77x 0.71x 0.56x 0.51x
EV / EBITDA 4.67x 17x 3.41x 3.58x 5.19x 4.67x 3.71x 3.37x
EV / EBIT 12.5x 401x 4.29x 5.14x 11.1x 8.03x 5.72x 5.05x
EV / FCF -8.3x -29.4x 26.6x 4.44x 6.8x 10.2x 13.3x 10.4x
FCF Yield -12.1% -3.4% 3.76% 22.5% 14.7% 9.8% 7.54% 9.58%
Dividend per Share 2 68 68 106 108 112 160 131 133
Rate of return 3.28% 2.35% 3.73% 4.11% 2.82% 3.71% 3.04% 3.08%
EPS 2 107.6 -167 533.6 287.8 284.7 239 431.2 466.2
Distribution rate 63.2% -40.7% 19.9% 37.5% 39.3% 66.9% 30.4% 28.5%
Net sales 1 2,26,562 2,55,857 3,72,478 3,69,017 3,38,900 3,61,650 3,79,900 3,92,250
EBITDA 1 27,503 12,284 64,656 50,512 50,146 55,000 56,850 59,200
EBIT 1 10,297 522 51,276 35,173 23,400 32,000 36,850 39,450
Net income 1 6,509 -9,538 29,674 16,053 18,200 19,850 22,500 24,350
Net Debt 1 2,558 46,985 62,250 34,018 43,954 27,800 -18,100 -29,700
Reference price 2 2,072.00 2,895.00 2,840.00 2,626.00 3,975.00 4,315.00 4,315.00 4,315.00
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.($)
30.39x5.2x18.92x0.86% 12TCr
26.44x4.85x17x2.27% 3.55TCr
21.11x1.8x13x2.22% 3.07TCr
29.04x3.89x14.69x0.12% 2.85TCr
19.66x3.34x10.74x1.57% 2.78TCr
21.14x3.07x13.23x1.11% 2.58TCr
23.45x2.87x12.36x1.61% 2.51TCr
94.26x35.55x77.53x0.4% 2.46TCr
25.69x3.23x15.79x1.76% 2.38TCr
Average 32.35x 7.09x 21.47x 1.32% 3.79TCr
Weighted average by Cap. 31.22x 6.31x 20.25x 1.23%

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

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!