Valuation Nippon Steel Corporation

Equities

5401

JP3381000003

Iron & Steel

Market Closed - Japan Exchange Other stock markets 12:00:00 06/03/2026 pm IST			5-day change	1st Jan Change
603.80 ^JPY	+0.65%		-5.06%	-5.92%

04/03	Nippon Steel Secures 90.8% Stake in Krosaki Harima in Tender Offer	MT
04/03	Nippon Steel Tender Offer Lifts Stake In Krosaki Harima To 91%	MT

Company Valuation: Nippon Steel Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	17,37,026	19,98,946	28,73,054	33,77,556	33,39,413	31,55,642	-	-
Change	-	15.08%	43.73%	17.56%	-1.13%	-5.5%	-	-
Enterprise Value (EV) ¹	39,36,792	41,01,246	49,01,994	56,40,307	51,74,379	76,53,993	74,70,296	74,93,388
Change	-	4.18%	19.52%	15.06%	-8.26%	47.92%	-2.4%	0.31%
P/E ratio	-53.6x	3.14x	4.14x	6.15x	9.1x	-82.3x	7.9x	7.24x
PBR	0.63x	0.58x	0.69x	0.71x	0.62x	0.6x	0.57x	0.54x
PEG	-	-0x	0.47x	-0.3x	-0.2x	1x	-0x	0.79x
Capitalization / Revenue	0.36x	0.29x	0.36x	0.38x	0.38x	0.31x	0.28x	0.27x
EV / Revenue	0.82x	0.6x	0.61x	0.64x	0.6x	0.76x	0.67x	0.65x
EV / EBITDA	9.82x	3.18x	4.01x	4.94x	4.84x	7.85x	5.77x	5.32x
EV / EBIT	346x	4.88x	5.55x	7.24x	9.44x	32.3x	10.8x	10.1x
EV / FCF	278x	17.3x	25.6x	18.8x	10x	-2.99x	-38.7x	-170x
FCF Yield	0.36%	5.77%	3.9%	5.31%	9.98%	-33.4%	-2.59%	-0.59%
Dividend per Share ²	2	32	36	32	32	24	25.44	26.44
Rate of return	0.53%	7.37%	5.77%	4.36%	5.01%	3.97%	4.21%	4.38%
EPS ²	-7.044	138.4	150.7	119.3	70.18	-7.334	76.4	83.4
Distribution rate	-28.4%	23.1%	23.9%	26.8%	45.6%	-327%	33.3%	31.7%
Net sales ¹	48,29,272	68,08,890	79,75,586	88,68,097	86,95,526	1,01,02,055	1,11,22,072	1,15,38,309
EBITDA ¹	4,00,900	12,90,200	12,23,817	11,41,664	10,68,400	9,74,538	12,94,984	14,07,582
EBIT ¹	11,381	8,40,901	8,83,646	7,78,662	5,47,960	2,36,683	6,93,400	7,40,640
Net income ¹	-32,432	6,37,321	6,94,016	5,49,372	3,50,227	-38,209	3,95,955	4,33,730
Net Debt ¹	21,99,766	21,02,300	20,28,940	22,62,751	18,34,966	44,98,351	43,14,654	43,37,746
Reference price ²	377.30	434.20	624.00	733.60	639.00	603.80	603.80	603.80
Nbr of stocks (in thousands)	46,03,833	46,03,744	46,04,254	46,04,085	52,25,998	52,26,303	-	-
Announcement Date	07/05/21	10/05/22	10/05/23	09/05/24	09/05/25	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NIPPON STEEL CORPORATION	-82.32x	0.76x	7.85x	3.97%	2TCr
ARCELORMITTAL	12.49x	0.81x	7.82x	1.02%	4.23TCr
NUCOR CORPORATION	14.06x	1.18x	7.54x	1.33%	3.84TCr
TATA STEEL LIMITED	20.79x	1.41x	9.55x	1.85%	2.7TCr
STEEL DYNAMICS, INC.	13.16x	1.39x	8.6x	1.16%	2.63TCr
CARPENTER TECHNOLOGY CORPORATION	38.55x	6.28x	23.51x	0.21%	1.93TCr
POSCO HOLDINGS INC.	14.91x	0.59x	5.56x	2.84%	1.79TCr
VOESTALPINE AG	18.49x	0.58x	5.93x	1.67%	843.13Cr
JFE HOLDINGS, INC.	16.33x	0.64x	7.45x	4%	807.2Cr
Average	7.38x	1.52x	9.31x	2.01%	2.31TCr
Weighted average by Cap.	7.82x	1.50x	9.27x	1.71%