Company Valuation: JFE Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,92,076 9,75,422 16,15,378 11,63,718 11,54,920 10,32,449 - -
Change - -1.68% 65.61% -27.96% -0.76% -10.6% - -
Enterprise Value (EV) 1 27,39,703 27,18,996 32,02,576 27,57,327 29,46,498 28,40,546 28,86,820 29,59,121
Change - -0.76% 17.79% -13.9% 6.86% -3.6% 1.63% 2.5%
P/E 3.44x 5.99x 7.86x 12.7x 16.5x 8.44x 7.48x 7.52x
PBR 0.5x 0.46x 0.66x 0.46x 0.44x 0.39x 0.38x 0.37x
PEG - -0.1x 0.5x -0.2x -0.7x 0.1x 0.6x -12.78x
Capitalization / Revenue 0.23x 0.19x 0.31x 0.24x 0.25x 0.21x 0.21x 0.21x
EV / Revenue 0.63x 0.52x 0.62x 0.57x 0.65x 0.59x 0.59x 0.6x
EV / EBITDA 4.87x 5.5x 5.71x 6.52x 7.62x 6.17x 5.81x 5.84x
EV / EBIT 8.84x 12.1x 11.2x 16.7x 31.1x 14.8x 13.2x 14.3x
EV / FCF 256x 22.4x 20.8x 43x -40x -20.7x -39.6x 195x
FCF Yield 0.39% 4.47% 4.8% 2.33% -2.5% -4.82% -2.53% 0.51%
Dividend per Share 2 140 80 100 100 80 80 80 80
Rate of return 8.13% 4.76% 3.94% 5.47% 4.41% 4.93% 4.93% 4.93%
EPS 2 500.3 280.5 323.3 144.4 110.3 192.4 217.1 215.8
Distribution rate 28% 28.5% 30.9% 69.2% 72.5% 41.6% 36.9% 37.1%
Net sales 1 43,65,145 52,68,794 51,74,632 48,59,647 45,39,270 48,25,710 48,92,891 49,56,912
EBITDA 1 5,62,322 4,94,686 5,61,104 4,22,706 3,86,495 4,60,044 4,96,499 5,06,336
EBIT 1 3,10,039 2,25,086 2,87,003 1,65,068 94,841 1,92,101 2,18,810 2,07,050
Net income 1 2,88,058 1,62,621 1,97,421 91,867 70,165 1,22,999 1,39,670 1,38,412
Net Debt 1 17,47,627 17,43,574 15,87,198 15,93,609 17,91,578 18,08,097 18,54,371 19,26,672
Reference price 2 1,723.00 1,679.00 2,540.00 1,829.50 1,815.50 1,623.00 1,623.00 1,623.00
Nbr of stocks (in thousands) 5,75,784 5,80,954 6,35,976 6,36,085 6,36,145 6,36,136 - -
Announcement Date 06/05/22 08/05/23 07/05/24 08/05/25 08/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.44x0.59x6.17x4.93% 639.2Cr
13.09x1.42x7.79x0.99% 5.18TCr
14.49x0.87x7.03x0.94% 5.05TCr
14.02x1.58x9.15x0.93% 3.29TCr
55.53x9.26x34.16x0.14% 2.87TCr
12.77x1.21x7.12x2.2% 2.5TCr
9.4x0.67x6.13x4.38% 1.78TCr
13.26x0.54x5.26x3.11% 1.57TCr
14.35x4.07x10.65x0.06% 1.06TCr
13.2x0.86x6.5x2.95% 991.31Cr
Average 16.86x 2.11x 10.00x 2.06% 2.49TCr
Weighted average by Cap. 18.04x 2.17x 10.54x 1.51%

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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