Company Valuation: IDEC Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 74,634 1,00,287 79,439 72,000 87,463 1,11,002 - -
Change - 34.37% -20.79% -9.36% 21.48% 26.91% - -
Enterprise Value (EV) 82,225 1,07,366 87,051 77,332 96,654 1,11,002 1,11,002 1,11,002
Change - 30.58% -18.92% -11.17% 24.99% 14.84% 0% 0%
P/E 9.74x 9.86x 18x 40.5x 22.6x 13.3x 13.5x 11.4x
PBR 1.53x 1.72x 1.21x 1.14x 1.26x - - -
PEG - 0.3x -0.3x -0.7x 0x 0x -10.52x 0.6x
Capitalization / Revenue 1.05x 1.2x 1.09x 1.07x 1.2x 1.27x 1.2x 1.13x
EV / Revenue 0x 0x 0x 0x 0x 1.27x 1.2x 1.13x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.9x 9.29x 7.76x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 100 130 130 130 130 130 130 150
Rate of return 3.89% 3.78% 4.81% 5.32% 4.39% 3.47% 3.47% 4.01%
EPS 2 264.1 348.4 150.1 60.36 131.2 280.6 277 327.3
Distribution rate 37.9% 37.3% 86.6% 215% 99.1% 46.3% 46.9% 45.8%
Net sales 1 70,789 83,869 72,711 67,380 72,967 87,300 92,550 98,000
EBITDA 13,833 18,491 10,193 8,732 - - - -
EBIT 1 9,672 14,060 6,276 3,652 6,118 10,200 11,950 14,300
Net income 1 7,896 10,144 4,407 1,778 3,873 8,300 8,200 9,700
Net Debt 7,591 7,079 7,612 5,332 9,191 - - -
Reference price 2 2,573.00 3,435.00 2,701.00 2,442.00 2,962.00 3,745.00 3,745.00 3,745.00
Nbr of stocks (in thousands) 29,007 29,196 29,411 29,484 29,528 29,640 - -
Announcement Date 13/05/22 12/05/23 10/05/24 15/05/25 14/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.48x - - 3.71% 65Cr
26.94x3.15x17.16x1.94% 26TCr
17.77x2.33x10.46x2.88% 26TCr
31.88x4.08x18.82x1.53% 20TCr
35.78x5.32x22.65x1.06% 16TCr
44.55x5.98x26.68x0.96% 15TCr
42.55x7x28.19x0.1% 9.9TCr
87.58x11.02x62.54x0.36% 9.28TCr
31.76x5.13x17.85x1.42% 8.66TCr
31.12x5.47x21.14x1.29% 5.53TCr
Average 36.24x 5.50x 25.05x 1.53% 13.53TCr
Weighted average by Cap. 34.66x 4.74x 21.95x 1.55%

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

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