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 5,05,012 - -
Change - -6.14% -13.75% -7.93% -6.08% 8.35% - -
Enterprise Value (EV) 1 10,90,095 11,36,651 10,91,690 10,30,569 9,97,692 10,67,705 10,66,200 10,67,733
Change - 4.27% -3.96% -5.6% -3.19% 7.02% -0.14% 0.14%
P/E 13.7x 39.2x -38.8x 248x 57.2x 42.9x 20.2x 17.3x
PBR 1.09x 1x 0.84x 0.8x 0.7x 0.79x 0.79x 0.78x
PEG - -0.6x 0x -2x 0x 1x 0x 1x
Capitalization / Revenue 0.47x 0.42x 0.36x 0.33x 0.31x 0.32x 0.31x 0.31x
EV / Revenue 0.76x 0.76x 0.74x 0.68x 0.66x 0.67x 0.66x 0.66x
EV / EBITDA 7.26x 10.6x 10.4x 9x 8.95x 8.63x 7.66x 7.18x
EV / EBIT 15.7x 45.6x 66.6x 34.7x 35.1x 27.8x 19.8x 17.7x
EV / FCF 11.7x -79.4x 60.3x 28.3x 45.7x 107x 24.8x 27.4x
FCF Yield 8.58% -1.26% 1.66% 3.53% 2.19% 0.94% 4.04% 3.65%
Dividend per Share 2 85 90 90 90 90 90 90 90
Rate of return 3.71% 4.13% 4.79% 5.21% 5.55% 5.13% 5.13% 5.13%
EPS 2 167.2 55.54 -48.43 6.97 28.33 40.95 86.89 101.2
Distribution rate 50.8% 162% -186% 1,291% 318% 220% 104% 88.9%
Net sales 1 14,28,578 14,95,987 14,83,200 15,04,697 15,10,704 15,83,336 16,23,658 16,18,314
EBITDA 1 1,50,193 1,06,803 1,04,500 1,14,530 1,11,486 1,23,777 1,39,180 1,48,617
EBIT 1 69,471 24,903 16,400 29,687 28,403 38,350 53,750 60,443
Net income 1 48,603 15,991 -13,908 2,001 8,143 11,765 24,972 29,095
Net Debt 1 4,24,299 5,11,723 5,52,700 5,34,300 5,31,600 5,62,694 5,61,189 5,62,721
Reference price 2 2,290.00 2,177.00 1,877.00 1,727.50 1,621.50 1,756.00 1,756.00 1,756.00
Nbr of stocks (in thousands) 2,90,740 2,87,059 2,87,155 2,87,276 2,87,445 2,87,592 - -
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.($)
42.89x0.67x8.63x5.13% 317.67Cr
13.75x1.04x6.77x2.91% 4.64TCr
22.7x2.86x13.94x1.94% 4.16TCr
19.59x3.22x13.23x1.25% 1.46TCr
16.31x2.22x11.11x1.74% 1.44TCr
-25.02x1.52x17.12x3.71% 1.43TCr
28.94x4.41x16.05x0.91% 812.9Cr
14.46x0.74x4.74x3.62% 775.25Cr
20.5x3.09x12.69x0.63% 773.67Cr
263.2x0.83x10.9x-.--% 755.43Cr
Average 41.73x 2.06x 11.52x 2.18% 1.66TCr
Weighted average by Cap. 26.43x 2.06x 11.27x 2.22%

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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