Company Valuation: M3, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 30,33,456 22,41,071 14,51,044 11,55,714 10,71,551 12,28,411 - -
Change - -26.12% -35.25% -20.35% -7.28% 14.64% - -
Enterprise Value (EV) 1 28,92,240 21,33,134 13,11,648 10,45,201 9,48,523 10,87,886 10,60,101 10,28,084
Change - -26.25% -38.51% -20.31% -9.25% 14.69% -2.55% -3.02%
P/E 47.5x 45.7x 32x 28.5x 22.1x 23.9x 21.3x 19.4x
PBR 11.8x 7.43x 4.14x 3.07x 2.64x 2.83x 2.58x 2.36x
PEG - -2x -4.17x -2.7x 1x 3.86x 1.8x 1.9x
Capitalization / Revenue 14.6x 9.71x 6.07x 4.06x 3.05x 3.16x 2.9x 2.66x
EV / Revenue 13.9x 9.24x 5.49x 3.67x 2.7x 2.8x 2.5x 2.23x
EV / EBITDA 28.5x 26.9x 17.9x 13.9x 10.4x 11.4x 10.1x 8.99x
EV / EBIT 30.4x 29.6x 20.4x 16.6x 12.9x 14x 12.3x 10.8x
EV / FCF 101x 60.6x 25.5x 83x 17.4x 21.5x 18.7x 16.5x
FCF Yield 0.99% 1.65% 3.91% 1.2% 5.73% 4.64% 5.33% 6.06%
Dividend per Share 2 16 19 21 21 22 23.13 25.23 27.27
Rate of return 0.36% 0.58% 0.98% 1.23% 1.37% 1.26% 1.37% 1.48%
EPS 2 94.06 72.22 66.68 59.62 72.53 77.03 86.33 95.06
Distribution rate 17% 26.3% 31.5% 35.2% 30.3% 30% 29.2% 28.7%
Net sales 1 2,08,159 2,30,818 2,38,883 2,84,900 3,51,363 3,88,202 4,23,920 4,61,801
EBITDA 1 1,01,415 79,417 73,259 75,176 90,776 95,451 1,04,512 1,14,379
EBIT 1 95,141 71,983 64,381 62,971 73,547 77,855 86,523 95,265
Net income 1 63,845 49,028 45,271 40,484 49,100 51,029 57,004 62,784
Net Debt 1 -1,41,216 -1,07,937 -1,39,396 -1,10,513 -1,23,028 -1,40,524 -1,68,310 -2,00,326
Reference price 2 4,469.00 3,301.00 2,137.00 1,702.00 1,605.50 1,840.50 1,840.50 1,840.50
Nbr of stocks (in thousands) 6,78,777 6,78,907 6,79,010 6,79,033 6,67,425 6,67,433 - -
Announcement Date 27/04/22 28/04/23 26/04/24 02/05/25 01/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.89x2.8x11.4x1.26% 779.87Cr
14.2x6.63x14.39x0.32% 3,43100Cr
21.12x6.17x11.08x0.34% 1,57200Cr
32.35x15.07x23.83x0.55% 56TCr
13.19x3.51x8.12x1.54% 44TCr
17.32x5.12x15.36x-.--% 25TCr
18.4x1.35x9.08x1.12% 24TCr
97.31x12.89x69.26x-.--% 20TCr
20.54x2.34x11.91x-.--% 13TCr
45.11x5.24x34.57x-.--% 12TCr
Average 30.34x 6.11x 20.90x 0.51% 69.63TCr
Weighted average by Cap. 20.50x 6.84x 15.75x 0.41%

Y-o-Y evolution of P/E

Valuation ratios - P/E - M3, Inc.

Historical PBR trend

Valuation ratios - PBR - M3, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - M3, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - M3, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - M3, Inc.