Company Valuation: Sony Group Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 1,43,59,560 1,57,64,488 1,47,93,605 1,59,27,659 2,26,99,467 2,11,27,227 - -
Change - 9.78% -6.16% 7.67% 42.52% -6.93% - -
Enterprise Value (EV) 1 1,17,63,001 1,67,05,787 1,68,54,920 1,77,10,826 2,39,16,757 2,03,65,402 1,97,56,466 1,89,30,682
Change - 42.02% 0.89% 5.08% 35.04% -14.85% -2.99% -4.18%
P/E ratio 12.2x 17.9x 15.8x 16.5x 20x 18.6x 17.4x 16x
PBR 2.58x 2.2x 2.05x 2.09x 2.77x 2.33x 2.3x 2.07x
PEG - -0.7x 2.42x 4.18x 1x -2.17x 2.34x 1.89x
Capitalization / Revenue 1.6x 1.59x 1.28x 1.22x 1.75x 1.52x 1.66x 1.64x
EV / Revenue 1.31x 1.68x 1.46x 1.36x 1.85x 1.65x 1.55x 1.47x
EV / EBITDA 8.63x 8.2x 7.62x 7.52x 11.5x 8.67x 7.97x 7.34x
EV / EBIT 12.1x 13.9x 14x 14.7x 17x 13.2x 12.1x 10.8x
EV / FCF -27.3x 21.1x -56.4x 23.6x 14.3x 19.2x 16.5x 15.7x
FCF Yield -3.67% 4.74% -1.77% 4.23% 7% 5.21% 6.04% 6.36%
Dividend per Share 2 11 13 15 17 20 25 29.41 31.82
Rate of return 0.47% 0.51% 0.63% 0.65% 0.53% 0.78% 0.82% 0.89%
EPS 2 190.5 142.4 151.7 157.7 188.7 172.5 205.7 223.1
Distribution rate 5.78% 9.13% 9.89% 10.8% 10.6% 14.5% 14.3% 14.3%
Net sales 1 89,99,360 99,21,513 1,15,39,837 1,30,20,768 1,29,57,100 1,24,79,620 1,27,39,348 1,28,43,837
EBITDA 1 13,62,558 20,37,572 22,12,796 23,53,812 20,75,600 26,28,162 24,78,105 25,79,331
EBIT 1 9,71,865 12,02,339 12,08,206 12,08,831 14,07,200 14,47,507 16,37,467 17,47,944
Net income 1 11,71,776 8,82,178 9,37,126 9,70,573 11,41,600 -3,26,865 12,16,698 13,06,388
Net Debt 1 -25,96,559 9,41,299 20,61,315 17,83,167 12,17,290 -7,61,825 -13,70,760 -21,96,545
Reference price 2 2,319.00 2,546.00 2,397.00 2,597.00 3,765.00 3,576.00 3,576.00 3,576.00
Nbr of stocks (in thousands) 61,92,134 61,91,865 61,71,717 61,33,099 60,29,075 59,08,061 - -
Announcement Date 28/04/21 10/05/22 28/04/23 14/05/24 14/05/25 08/05/26 - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.67x1.65x8.67x0.69% 13TCr
31.08x1.09x11.66x1.21% 4.85TCr
20.14x0.46x5.79x0.69% 2.71TCr
31.63x - - - 841.48Cr
62.38x1.35x35.43x0.1% 695.78Cr
36.15x - - 1.54% 352.82Cr
7.2x0.34x7.79x-.--% 247.12Cr
32.84x - - 0.92% 234.61Cr
13.64x0.65x3.84x-.--% 214.01Cr
Average 28.19x 0.93x 12.20x 0.64% 2.61TCr
Weighted average by Cap. 23.40x 1.35x 9.76x 0.79%

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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  4. Valuation Sony Group Corporation