Company Valuation: Inpex Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 13,89,291 18,23,168 23,96,325 23,59,995 36,67,424 44,33,869 - -
Change - 31.23% 31.44% -1.52% 55.4% 20.9% - -
Enterprise Value (EV) 1 23,67,740 28,65,586 33,80,591 31,82,231 47,43,762 57,36,504 56,00,568 55,32,783
Change - 21.03% 17.97% -5.87% 49.07% 20.93% -2.37% -1.21%
P/E 6.51x 4.35x 6.63x 5.71x 9.45x 8.39x 9.03x 9.34x
PBR 0.44x 0.48x 0.58x 0.49x 0.77x 0.87x 0.81x 0.76x
PEG - 0x -0.6x 0.3x -2.25x 0.2x -1.29x -2.78x
Capitalization / Revenue 1.12x 0.78x 1.11x 1.04x 1.82x 1.96x 1.99x 2.06x
EV / Revenue 1.9x 1.23x 1.56x 1.4x 2.36x 2.53x 2.52x 2.57x
EV / EBITDA 2.98x 1.86x 2.46x 1.95x 3.19x 3.43x 3.38x 3.66x
EV / EBIT 4.01x 2.3x 3.01x 2.5x 4.18x 4.05x 4.24x 4.49x
EV / FCF 8.64x 12.7x 5.92x 9x 189x 19.8x 20.3x 25.3x
FCF Yield 11.6% 7.88% 16.9% 11.1% 0.53% 5.06% 4.93% 3.95%
Dividend per Share 2 48 62 74 86 100 113.9 118.8 123.4
Rate of return 4.79% 4.44% 3.89% 4.36% 3.2% 2.99% 3.11% 3.24%
EPS 2 153.9 320.7 287 345.3 330.8 454.5 422.6 408.4
Distribution rate 31.2% 19.3% 25.8% 24.9% 30.2% 25.1% 28.1% 30.2%
Net sales 1 12,44,369 23,24,660 21,65,702 22,65,837 20,11,351 22,65,913 22,24,297 21,55,239
EBITDA 1 7,93,841 15,38,968 13,74,129 16,31,019 14,86,812 16,72,937 16,58,795 15,13,602
EBIT 1 5,90,657 12,46,408 11,21,844 12,71,789 11,35,440 14,15,869 13,19,918 12,31,532
Net income 1 2,23,048 4,38,276 3,71,531 4,27,344 3,93,836 5,23,657 4,75,641 4,50,876
Net Debt 1 9,78,449 10,42,418 9,84,266 8,22,236 10,76,338 13,02,635 11,66,699 10,98,914
Reference price 2 1,002.00 1,396.00 1,904.50 1,970.50 3,127.00 3,815.00 3,815.00 3,815.00
Nbr of stocks (in thousands) 13,86,518 13,05,994 12,58,244 11,97,663 11,72,825 11,62,220 - -
Announcement Date 09/02/22 09/02/23 13/02/24 13/02/25 12/02/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.49x2.55x3.46x2.95% 2.85TCr
12x2.34x5.19x2.67% 15TCr
11.93x3.17x6.17x3.71% 9.79TCr
8.31x2.51x4.39x2.94% 7.36TCr
9.49x1.42x4.6x1.99% 5.71TCr
7.05x2.42x3.82x1.8% 5.68TCr
9.04x2.46x4.91x2.36% 5.41TCr
11.28x3.36x4.79x2.34% 5.23TCr
12.08x3.25x4.93x6.2% 4.24TCr
5.57x1.63x3.9x4.85% 3.41TCr
Average 9.52x 2.51x 4.61x 3.18% 6.5TCr
Weighted average by Cap. 10.13x 2.53x 4.86x 3.03%

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

  1. Stock Market
  2. Stocks
  3. 1605 Stock
  4. Valuation Inpex Corporation