Company Valuation: NOF Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 4,81,197 4,13,070 4,99,336 4,98,345 4,74,805 6,68,488 - -
Change - -14.16% 20.88% -0.2% -4.72% 40.79% - -
Enterprise Value (EV) 1 4,12,472 3,33,269 4,11,659 4,11,766 3,92,055 5,87,288 6,56,463 5,81,088
Change - -19.2% 23.52% 0.03% -4.79% 49.8% 11.78% -11.48%
P/E ratio 20.6x 15.5x 14.8x 14.8x 13.1x 17.9x 16.2x 14.5x
PBR 2.36x 1.87x 2.08x 1.88x 1.69x 2.3x 2.13x 1.94x
PEG - 1x 0.5x 9.51x 1.46x 3.76x 1.5x 1.3x
Capitalization / Revenue 2.79x 2.14x 2.29x 2.24x 1.99x 2.64x 2.42x 2.13x
EV / Revenue 2.39x 1.73x 1.89x 1.85x 1.65x 2.32x 2.38x 1.85x
EV / EBITDA 12.8x 8.03x 8.76x 8.39x 7.36x 10.2x 9.42x 6.74x
EV / EBIT 15.5x 9.36x 10.1x 9.77x 8.65x 12.3x 12.7x 10.5x
EV / FCF 18.5x 17.9x 18.2x 36.5x 37x 28.2x 32.7x 29.2x
FCF Yield 5.4% 5.59% 5.5% 2.74% 2.7% 3.55% 3.05% 3.43%
Dividend per Share 2 26.67 30 36 38 45 47.67 53 60
Rate of return 1.38% 1.79% 1.75% 1.82% 2.23% 1.65% 1.84% 2.08%
EPS 2 93.5 107.9 139 141.2 153.9 161.2 178.1 198.5
Distribution rate 28.5% 27.8% 25.9% 26.9% 29.2% 29.6% 29.8% 30.2%
Net sales 1 1,72,645 1,92,642 2,17,709 2,22,252 2,38,310 2,53,033 2,75,967 3,14,050
EBITDA 1 32,155 41,504 46,983 49,081 53,273 57,600 69,700 86,250
EBIT 1 26,602 35,595 40,624 42,142 45,308 47,600 51,833 55,550
Net income 1 23,302 26,690 33,973 33,990 36,497 37,133 39,967 43,450
Net Debt 1 -68,725 -79,801 -87,677 -86,579 -82,750 -81,200 -12,026 -87,400
Reference price 2 1,930.00 1,673.33 2,056.67 2,085.50 2,020.00 2,888.00 2,888.00 2,888.00
Nbr of stocks (in thousands) 2,49,325 2,46,855 2,42,789 2,38,957 2,35,052 2,31,471 - -
Announcement Date 12/05/21 11/05/22 11/05/23 09/05/24 09/05/25 - - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.91x2.32x10.2x1.65% 453.64Cr
26.66x4.01x13.18x2% 12TCr
-1293.22x23.17x173.8x0.33% 5.23TCr
37.84x1.22x9.09x6.19% 4.46TCr
12.88x1.25x7.54x2.44% 2.44TCr
20.76x1x10.04x8.37% 2.07TCr
80.88x - - 0.07% 1.63TCr
9.06x2.71x7.04x5% 1.6TCr
11.73x0.89x8.28x3.91% 1.37TCr
30.67x0.72x6.77x1.39% 1.15TCr
Average -104.48x 4.14x 27.33x 3.13% 3.22TCr
Weighted average by Cap. -186.19x 6.10x 38.55x 2.86%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. 4403 Stock
  4. Valuation NOF Corporation