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 5,21,979 - -
Change - -6.14% -13.75% -7.93% -6.08% 11.99% - -
Enterprise Value (EV) 1 10,90,095 11,36,651 10,91,690 10,30,569 9,97,692 10,84,221 10,88,540 10,86,294
Change - 4.27% -3.96% -5.6% -3.19% 8.67% 0.4% -0.21%
P/E 13.7x 39.2x -38.8x 248x 57.2x 42.2x 20.6x 17.4x
PBR 1.09x 1x 0.84x 0.8x 0.7x 0.81x 0.82x 0.82x
PEG - -0.6x 0x -2x 0x 0.8x 0x 1x
Capitalization / Revenue 0.47x 0.42x 0.36x 0.33x 0.31x 0.33x 0.32x 0.32x
EV / Revenue 0.76x 0.76x 0.74x 0.68x 0.66x 0.68x 0.67x 0.67x
EV / EBITDA 7.26x 10.6x 10.4x 9x 8.95x 8.69x 7.79x 7.29x
EV / EBIT 15.7x 45.6x 66.6x 34.7x 35.1x 27.8x 19.5x 17.4x
EV / FCF 11.7x -79.4x 60.3x 28.3x 45.7x 42.6x 28.9x 27.1x
FCF Yield 8.58% -1.26% 1.66% 3.53% 2.19% 2.35% 3.46% 3.69%
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% 4.96% 5.02% 5.1%
EPS 2 167.2 55.54 -48.43 6.97 28.33 43.01 88.3 104.4
Distribution rate 50.8% 162% -186% 1,291% 318% 209% 103% 88.6%
Net sales 1 14,28,578 14,95,987 14,83,200 15,04,697 15,10,704 15,83,194 16,16,088 16,17,850
EBITDA 1 1,50,193 1,06,803 1,04,500 1,14,530 1,11,486 1,24,747 1,39,760 1,49,112
EBIT 1 69,471 24,903 16,400 29,687 28,403 39,000 55,700 62,329
Net income 1 48,603 15,991 -13,908 2,001 8,143 12,365 25,375 30,008
Net Debt 1 4,24,299 5,11,723 5,52,700 5,34,300 5,31,600 5,62,242 5,66,561 5,64,314
Reference price 2 2,290.00 2,177.00 1,877.00 1,727.50 1,621.50 1,815.00 1,815.00 1,815.00
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.($)
42.2x0.68x8.69x4.96% 330.99Cr
14.49x1.09x7.08x2.78% 4.83TCr
23.48x2.94x14.36x1.87% 4.3TCr
-33.47x1.74x18.96x0.49% 1.68TCr
20.64x3.36x13.81x1.19% 1.54TCr
17.25x2.33x11.65x1.65% 1.52TCr
29.8x4.65x16.92x0.87% 852.87Cr
21.54x3.27x13.4x0.6% 815.73Cr
279.99x0.86x11.36x-.--% 803.64Cr
22.85x4.57x13.31x0.75% 784.06Cr
Average 43.88x 2.55x 12.96x 1.52% 1.74TCr
Weighted average by Cap. 27.08x 2.33x 12.29x 1.72%

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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