Company Valuation: ITOCHU Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 33,41,952 53,26,410 60,89,921 62,61,808 93,03,534 1,08,32,313 - -
Change - 59.38% 14.33% 2.82% 48.58% 16.43% - -
Enterprise Value (EV) 1 67,32,940 89,91,384 83,72,921 86,52,977 1,20,45,134 1,33,42,907 1,48,49,924 1,47,05,360
Change - 33.54% -6.88% 3.34% 39.2% 10.77% 6.42% -0.97%
P/E ratio 6.68x 13.3x 7.5x 7.88x 11.7x 11.2x 11.9x 11.5x
PBR 1.12x 1.61x 1.45x 1.3x 1.71x 1.7x 1.77x 1.6x
PEG - -0.7x 0x -6.44x 9.26x 1x 3.27x 3.32x
Capitalization / Revenue 0.3x 0.51x 0.5x 0.45x 0.66x 0.67x 0.71x 0.7x
EV / Revenue 0.61x 0.87x 0.68x 0.62x 0.86x 0.91x 0.97x 0.95x
EV / EBITDA 8.19x 10.9x 8.49x 7.78x 10.7x 11.8x 11.8x 12x
EV / EBIT 16.9x 22.3x 14.4x 12.3x 17.1x 19.5x 19.7x 19.4x
EV / FCF 9.22x 13.1x 9.97x 17.9x 15.6x 27.7x 35.4x 23.7x
FCF Yield 10.8% 7.66% 10% 5.6% 6.41% 3.6% 2.83% 4.22%
Dividend per Share 2 85 88 110 140 160 200 205.6 213.9
Rate of return 3.79% 2.45% 2.65% 3.26% 2.47% 2.9% 2.68% 2.79%
EPS 2 335.6 269.8 552.9 546.1 553 615.6 643.2 665.5
Distribution rate 25.3% 32.6% 19.9% 25.6% 28.9% 32.5% 32% 32.1%
Net sales 1 1,09,82,968 1,03,62,628 1,22,93,348 1,39,45,633 1,40,29,910 1,47,24,234 1,52,58,003 1,54,51,265
EBITDA 1 8,22,062 8,27,711 9,86,706 11,11,875 11,23,243 11,33,922 12,58,326 12,26,076
EBIT 1 3,99,438 4,03,414 5,82,522 7,01,913 7,02,900 6,83,915 7,53,487 7,58,846
Net income 1 5,01,322 4,01,433 8,20,269 8,00,519 8,01,770 8,80,251 8,89,213 9,21,172
Net Debt 1 33,90,988 36,64,974 22,83,000 23,91,169 27,41,600 35,50,800 40,17,612 38,73,047
Reference price 2 2,242.50 3,587.00 4,144.00 4,301.00 6,466.00 7,663.00 7,663.00 7,663.00
Nbr of stocks (in thousands) 14,90,280 14,84,921 14,69,576 14,55,896 14,38,839 14,13,586 - -
Announcement Date 08/05/20 10/05/21 10/05/22 09/05/23 08/05/24 02/05/25 - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.28x0.96x11.81x2.62% 7.34TCr
15.7x0.88x15.13x3.79% 7.38TCr
11.03x0.84x14.57x3.78% 5.92TCr
52.31x3.24x17.59x0.05% 3.49TCr
9.87x0.93x12.88x3.22% 3.35TCr
7.9x1.01x10.52x3.8% 3.05TCr
9.14x0.42x6.56x3.54% 2.29TCr
11.83x0.61x6.34x1.62% 1.98TCr
16.78x0.83x8.53x3.25% 1.02TCr
42.32x3.78x23.14x1.06% 914.25Cr
Average 18.91x 1.35x 12.71x 2.67% 3.67TCr
Weighted average by Cap. 16.63x 1.16x 13.03x 2.93%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation ITOCHU Corporation