Company Valuation: LINTEC Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,71,193 1,47,998 2,16,498 1,86,988 2,93,357 4,02,160 - -
Change - -13.55% 46.28% -13.63% 56.89% 37.09% - -
Enterprise Value (EV) 1 1,19,883 1,12,528 1,64,382 1,41,822 2,37,910 3,42,294 3,35,660 3,22,260
Change - -6.14% 46.08% -13.72% 67.75% 43.88% -1.94% -3.99%
P/E 10.5x 12.9x 41.3x 13x 16.9x 18.3x 15.2x 14.3x
PBR 0.81x 0.65x 0.93x 0.76x 1.14x 1.52x 1.37x 1.28x
PEG - -0.5x -0.8x 0x 0.7x 0.7x 0.7x 2.46x
Capitalization / Revenue 0.67x 0.52x 0.78x 0.59x 0.92x 1.19x 1.15x 1.12x
EV / Revenue 0.47x 0.4x 0.59x 0.45x 0.74x 1.01x 0.96x 0.9x
EV / EBITDA 3.46x 3.92x 6.2x 3.38x 6.28x 7.18x 6.28x 5.73x
EV / EBIT 5.55x 8.16x 15.5x 5.77x 9.46x 11.4x 9.15x 8.24x
EV / FCF 24x -18.1x 9.29x 14.2x 12.7x 23.6x 15.5x 13.1x
FCF Yield 4.17% -5.51% 10.8% 7.02% 7.89% 4.24% 6.45% 7.62%
Dividend per Share 2 88 88 88 100 110 127.5 154 164.8
Rate of return 3.62% 4.06% 2.78% 3.63% 2.46% 2.08% 2.51% 2.68%
EPS 2 232.1 167.8 76.66 212 264.5 335 405.2 428.8
Distribution rate 37.9% 52.4% 115% 47.2% 41.6% 38.1% 38% 38.4%
Net sales 1 2,56,836 2,84,603 2,76,321 3,15,978 3,19,385 3,38,600 3,49,460 3,59,520
EBITDA 1 34,679 28,686 26,530 41,925 37,875 47,667 53,450 56,200
EBIT 1 21,584 13,796 10,628 24,562 25,156 30,120 36,700 39,100
Net income 1 16,641 11,512 5,243 14,476 17,374 21,900 26,460 28,180
Net Debt 1 -51,310 -35,470 -52,116 -45,166 -55,447 -59,867 -66,500 -79,900
Reference price 2 2,431.00 2,165.00 3,165.00 2,756.00 4,480.00 6,140.00 6,140.00 6,140.00
Nbr of stocks (in thousands) 70,421 68,359 68,404 67,848 65,481 65,498 - -
Announcement Date 09/05/22 08/05/23 08/05/24 08/05/25 08/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.33x1.01x7.18x2.08% 252.73Cr
14.86x1.58x8.81x2.8% 3.43TCr
15.64x1.44x7.82x1.54% 337.52Cr
14.36x1.48x7.37x - 127.37Cr
19.81x - - - 90Cr
Average 16.60x 1.38x 7.80x 2.14% 847.56Cr
Weighted average by Cap. 15.22x 1.53x 8.59x 2.65%

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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