Company Valuation: Nissui Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,70,558 1,69,000 2,98,429 2,80,581 4,07,447 3,72,905 - -
Change - -0.91% 76.58% -5.98% 45.22% -8.48% - -
Enterprise Value (EV) 1 3,38,799 3,40,706 4,88,174 4,75,810 6,56,827 6,52,841 6,59,453 6,54,085
Change - 0.56% 43.28% -2.53% 38.04% -0.61% 1.01% -0.81%
P/E 9.87x 7.96x 12.5x 11.1x 14.9x 12.7x 11.6x 8.96x
PBR 0.9x 0.78x 1.2x 1.01x 1.36x 1.13x 1.06x 0.99x
PEG - 0.3x 1x 1.71x 1.4x 1.77x 1.18x 0.3x
Capitalization / Revenue 0.25x 0.22x 0.36x 0.32x 0.44x 0.37x 0.36x 0.35x
EV / Revenue 0.49x 0.44x 0.59x 0.54x 0.71x 0.65x 0.63x 0.61x
EV / EBITDA 7.2x 7.55x 9.3x 8.28x 9.72x 8.91x 8.26x 7.72x
EV / EBIT 12.5x 13.9x 16.5x 15x 16.2x 15.1x 14.5x 13.1x
EV / FCF 28.6x -17.8x 29.1x 75.2x 73.3x -21.5x 26.5x 22.9x
FCF Yield 3.5% -5.63% 3.43% 1.33% 1.36% -4.66% 3.77% 4.37%
Dividend per Share 2 14 18 24 28 32 34 38.4 42.75
Rate of return 2.55% 3.31% 2.5% 3.1% 2.38% 2.77% 3.12% 3.48%
EPS 2 55.51 68.22 76.67 81.66 90.17 96.64 106.1 137.3
Distribution rate 25.2% 26.4% 31.3% 34.3% 35.5% 35.2% 36.2% 31.1%
Net sales 1 6,93,682 7,68,181 8,31,375 8,86,126 9,31,265 10,00,050 10,44,400 10,77,000
EBITDA 1 47,042 45,100 52,497 57,482 67,586 73,300 79,800 84,775
EBIT 1 27,076 24,488 29,663 31,779 40,430 43,375 45,617 49,780
Net income 1 17,275 21,233 23,850 25,381 27,517 29,500 32,367 35,080
Net Debt 1 1,68,241 1,71,706 1,89,745 1,95,229 2,49,380 2,79,936 2,86,548 2,81,179
Reference price 2 548.00 543.00 960.10 902.70 1,343.50 1,229.50 1,229.50 1,229.50
Nbr of stocks (in thousands) 3,11,238 3,11,235 3,10,831 3,10,824 3,03,273 3,03,298 - -
Announcement Date 12/05/22 12/05/23 14/05/24 14/05/25 14/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.91x2x9.37x4.13% 1.14TCr
23.85x2.96x11.15x4.01% 806.03Cr
24.78x1.05x7.1x5.75% 278.44Cr
12.72x0.65x8.91x2.77% 238.95Cr
16.59x0.72x4.66x7.71% 182.97Cr
11.2x0.8x9.18x5.64% 153.57Cr
8.67x0.34x3.89x3.18% 124.88Cr
Average 18.82x 1.22x 7.75x 4.74% 418.45Cr
Weighted average by Cap. 25.20x 1.85x 9.07x 4.4%

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

  1. Stock Market
  2. Stocks
  3. 1332 Stock
  4. NISUY Stock
  5. Valuation Nissui Corporation