Company Valuation: LIXIL Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 6,65,796 6,24,928 5,38,990 4,96,269 4,66,092 5,44,512 - -
Change - -6.14% -13.75% -7.93% -6.08% 16.82% - -
Enterprise Value (EV) 1 10,90,095 11,36,651 10,91,690 10,30,569 9,97,692 11,07,427 11,24,305 11,24,206
Change - 4.27% -3.96% -5.6% -3.19% 11% 1.52% -0.01%
P/E 13.7x 39.2x -38.8x 248x 57.2x 36.2x 21.3x 17.9x
PBR 1.09x 1x 0.84x 0.8x 0.7x 0.85x 0.86x 0.86x
PEG - -0.6x 0x -2x 0x 0.4x 0.3x 0.9x
Capitalization / Revenue 0.47x 0.42x 0.36x 0.33x 0.31x 0.34x 0.34x 0.34x
EV / Revenue 0.76x 0.76x 0.74x 0.68x 0.66x 0.7x 0.7x 0.69x
EV / EBITDA 7.26x 10.6x 10.4x 9x 8.95x 9.09x 8.15x 7.67x
EV / EBIT 15.7x 45.6x 66.6x 34.7x 35.1x 28.5x 20.5x 18.3x
EV / FCF 11.7x -79.4x 60.3x 28.3x 45.7x 78.3x 25.6x 24.4x
FCF Yield 8.58% -1.26% 1.66% 3.53% 2.19% 1.28% 3.91% 4.11%
Dividend per Share 2 85 90 90 90 90 90 91.11 92.5
Rate of return 3.71% 4.13% 4.79% 5.21% 5.55% 4.75% 4.81% 4.89%
EPS 2 167.2 55.54 -48.43 6.97 28.33 52.31 88.71 105.5
Distribution rate 50.8% 162% -186% 1,291% 318% 172% 103% 87.7%
Net sales 1 14,28,578 14,95,987 14,83,200 15,04,697 15,10,704 15,83,194 16,16,088 16,20,650
EBITDA 1 1,50,193 1,06,803 1,04,500 1,14,530 1,11,486 1,21,855 1,38,026 1,46,664
EBIT 1 69,471 24,903 16,400 29,687 28,403 38,844 54,762 61,343
Net income 1 48,603 15,991 -13,908 2,001 8,143 14,444 24,816 29,354
Net Debt 1 4,24,299 5,11,723 5,52,700 5,34,300 5,31,600 5,62,915 5,79,793 5,79,694
Reference price 2 2,290.00 2,177.00 1,877.00 1,727.50 1,621.50 1,893.50 1,893.50 1,893.50
Nbr of stocks (in thousands) 2,90,740 2,87,059 2,87,155 2,87,276 2,87,445 2,87,569 - -
Announcement Date 28/04/22 28/04/23 30/04/24 30/04/25 30/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.16x0.7x9.08x4.76% 335.98Cr
13.16x1.02x6.63x3% 4.37TCr
22.17x2.78x13.7x2% 3.91TCr
18.89x2.35x12.4x1.59% 1.57TCr
18.91x3.19x13.02x1.3% 1.43TCr
-28.35x1.34x14.63x-.--% 1.11TCr
36.35x0.86x10.32x-.--% 843.48Cr
16x0.83x5.4x3.19% 862.97Cr
28.85x1.66x13.3x1.43% 856.62Cr
32.31x4.37x16.17x0.96% 791.97Cr
Average 19.45x 1.91x 11.47x 1.82% 1.61TCr
Weighted average by Cap. 17.20x 1.97x 11.04x 1.97%

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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