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 5,26,438 - -
Change - -6.14% -13.75% -7.93% -6.08% 12.95% - -
Enterprise Value (EV) 1 10,90,095 11,36,651 10,91,690 10,30,569 9,97,692 10,89,353 11,06,232 11,06,132
Change - 4.27% -3.96% -5.6% -3.19% 9.19% 1.55% -0.01%
P/E 13.7x 39.2x -38.8x 248x 57.2x 35x 20.6x 17.4x
PBR 1.09x 1x 0.84x 0.8x 0.7x 0.82x 0.83x 0.82x
PEG - -0.6x 0x -2x 0x 0.4x 0.3x 0.9x
Capitalization / Revenue 0.47x 0.42x 0.36x 0.33x 0.31x 0.33x 0.33x 0.32x
EV / Revenue 0.76x 0.76x 0.74x 0.68x 0.66x 0.69x 0.68x 0.68x
EV / EBITDA 7.26x 10.6x 10.4x 9x 8.95x 8.87x 8.01x 7.51x
EV / EBIT 15.7x 45.6x 66.6x 34.7x 35.1x 27.6x 20.1x 17.9x
EV / FCF 11.7x -79.4x 60.3x 28.3x 45.7x 65.6x 26.9x 24.4x
FCF Yield 8.58% -1.26% 1.66% 3.53% 2.19% 1.52% 3.72% 4.09%
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% 4.92% 4.98% 5.05%
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 1,22,798 1,38,148 1,47,283
EBIT 1 69,471 24,903 16,400 29,687 28,403 39,400 55,012 61,629
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 1,830.50 1,830.50 1,830.50
Nbr of stocks (in thousands) 2,90,740 2,87,059 2,87,155 2,87,276 2,87,445 2,87,593 - -
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.($)
35.59x0.69x9.01x4.83% 328.5Cr
12.35x0.98x6.32x3.18% 4.11TCr
21.78x2.75x13.47x2.02% 3.9TCr
18.21x2.29x12.04x1.64% 1.52TCr
-27.24x1.63x17.45x-.--% 1.45TCr
17.56x2.96x12.08x1.43% 1.3TCr
15.22x0.8x5.21x3.36% 815.47Cr
32.18x4.35x16.11x0.96% 788.8Cr
32.94x0.79x9.63x-.--% 750.12Cr
20.45x3.01x12.49x0.64% 762.7Cr
Average 17.90x 2.03x 11.38x 1.81% 1.57TCr
Weighted average by Cap. 15.05x 2.01x 11.09x 1.96%

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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