Company Valuation: KOSE Holdings Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,44,501 8,22,717 6,03,383 4,09,669 2,99,070 3,27,337 - -
Change - 10.51% -26.66% -32.1% -27% 9.45% - -
Enterprise Value (EV) 1 6,40,636 7,16,164 5,68,383 3,06,921 2,17,263 2,48,771 2,44,334 2,37,536
Change - 11.79% -20.64% -46% -29.21% 14.5% -1.78% -2.78%
P/E 55.8x 43.8x 51.7x 54.5x 19.8x 25.3x 23.9x 21.3x
PBR 3.52x 3.18x 2.27x 1.5x 1.05x 1.14x 1.13x 1.1x
PEG - 1.1x -1.4x -1.5x 0x -1.8x 3.86x 1.8x
Capitalization / Revenue 3.31x 2.85x 2.01x 1.27x 0.91x 0.95x 0.92x 0.89x
EV / Revenue 2.85x 2.48x 1.89x 0.95x 0.66x 0.72x 0.69x 0.65x
EV / EBITDA 23.5x 21.8x 21.4x 11.4x 7.4x 7.97x 7.07x 6.42x
EV / EBIT 34x 32.4x 35.6x 17.7x 11.8x 13.7x 11.8x 10.3x
EV / FCF 49x 51.3x 29.6x 32.5x -21.5x -30x 21.1x 16x
FCF Yield 2.04% 1.95% 3.38% 3.08% -4.64% -3.33% 4.75% 6.25%
Dividend per Share 2 120 140 140 140 140 149.3 150.9 155.4
Rate of return 0.92% 0.97% 1.32% 1.95% 2.67% 2.59% 2.62% 2.69%
EPS 2 233.9 329 204.4 131.6 264.8 227.6 241.6 270.9
Distribution rate 51.3% 42.5% 68.5% 106% 52.9% 65.6% 62.4% 57.4%
Net sales 1 2,24,983 2,89,136 3,00,406 3,22,700 3,30,193 3,44,360 3,56,045 3,67,843
EBITDA 1 27,279 32,822 26,567 27,000 29,346 31,231 34,568 37,017
EBIT 1 18,852 22,120 15,985 17,300 18,467 18,111 20,681 23,161
Net income 1 13,341 18,771 11,663 7,500 15,114 12,488 13,703 15,320
Net Debt 1 -1,03,865 -1,06,553 -35,000 -1,02,748 -81,807 -78,566 -83,002 -89,801
Reference price 2 13,050.00 14,420.00 10,575.00 7,179.00 5,240.00 5,768.00 5,768.00 5,768.00
Nbr of stocks (in thousands) 57,050 57,054 57,058 57,065 57,074 56,750 - -
Announcement Date 14/02/22 13/02/23 13/02/24 12/02/25 12/02/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.92x0.73x8.01x2.58% 207.79Cr
23.22x4.37x16.02x2.78% 37TCr
32.31x4.9x20.34x1.83% 25TCr
19.05x2.84x12.53x3.32% 14TCr
25.28x3.72x15.66x2.35% 7.31TCr
58.34x8.28x31.93x0.26% 5.21TCr
37.73x6.01x26.34x2.44% 4.48TCr
37.47x2.8x15.58x1.42% 3.95TCr
20.36x2.84x11.83x4.37% 3.71TCr
18.48x2.47x11.47x4.75% 3.61TCr
Average 29.82x 3.90x 16.97x 2.61% 10.4TCr
Weighted average by Cap. 27.68x 4.33x 17.48x 2.52%

Y-o-Y evolution of P/E

Valuation ratios - P/E - KOSE Holdings Corporation

Historical PBR trend

Valuation ratios - PBR - KOSE Holdings Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - KOSE Holdings Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - KOSE Holdings Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - KOSE Holdings Corporation
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