Company Valuation: Sumitomo Rubber Industries, Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,08,232 3,02,986 4,02,944 4,69,111 6,34,356 5,40,281 - -
Change - -1.7% 32.99% 16.42% 35.23% -14.83% - -
Enterprise Value (EV) 1 4,71,784 5,40,942 6,26,749 7,00,320 8,57,765 8,35,259 7,90,952 7,59,510
Change - 14.66% 15.86% 11.74% 22.48% -2.62% -5.3% -3.98%
P/E 10.5x 32.2x 10.9x 47.5x 12.6x 9.54x 7.46x 6.51x
PBR 0.61x 0.55x 0.65x 0.71x 0.89x 0.72x 0.68x 0.64x
PEG - -0.5x 0x -0.6x 0x 0.8x 0.3x 0.4x
Capitalization / Revenue 0.33x 0.28x 0.34x 0.39x 0.53x 0.41x 0.4x 0.38x
EV / Revenue 0.5x 0.49x 0.53x 0.58x 0.71x 0.64x 0.58x 0.53x
EV / EBITDA 4.04x 5.99x 4.38x 7.42x 5.32x 5.32x 4.13x 3.61x
EV / EBIT 9.59x 36.1x 9.72x 62.6x 10.4x 9.28x 6.83x 5.76x
EV / FCF 52x -10.6x 6.31x 26.7x -23.7x 29.8x 14.8x 11.5x
FCF Yield 1.92% -9.4% 15.9% 3.75% -4.21% 3.35% 6.75% 8.66%
Dividend per Share 2 55 35 58 58 77 88.47 108.2 126.1
Rate of return 4.69% 3.04% 3.79% 3.25% 3.19% 4.3% 5.26% 6.14%
EPS 2 112 35.8 140.9 37.51 191.6 215.5 275.5 315.6
Distribution rate 49.1% 97.8% 41.2% 155% 40.2% 41.1% 39.3% 40%
Net sales 1 9,36,000 10,98,700 11,77,400 12,11,856 12,07,061 13,05,467 13,65,918 14,22,046
EBITDA 1 1,16,893 90,336 1,43,049 94,354 1,61,253 1,57,123 1,91,370 2,10,260
EBIT 1 49,200 15,000 64,500 11,186 82,584 89,995 1,15,754 1,31,748
Net income 1 29,500 9,400 37,000 9,865 50,379 55,318 72,388 82,587
Net Debt 1 1,63,552 2,37,956 2,23,805 2,31,209 2,23,409 2,94,979 2,50,671 2,19,229
Reference price 2 1,172.00 1,152.00 1,532.00 1,783.50 2,413.50 2,055.50 2,055.50 2,055.50
Nbr of stocks (in thousands) 2,62,996 2,63,009 2,63,018 2,63,028 2,62,837 2,62,846 - -
Announcement Date 09/02/22 14/02/23 14/02/24 13/02/25 12/02/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.35x0.63x5.25x4.39% 335.01Cr
13.78x1.05x5.6x3.38% 3.15TCr
14x1.01x5.67x3.92% 2.59TCr
14.76x1.25x5.42x3.93% 817.37Cr
8.36x1.13x5.35x3.39% 700.69Cr
9.18x0.94x5.37x3.23% 583.73Cr
5.8x0.49x3.09x4.85% 567.18Cr
8.39x - - 3.63% 554.88Cr
24.4x1.54x11.91x0.19% 547.5Cr
14.08x - - 3.24% 477.74Cr
Average 12.21x 1.00x 5.96x 3.41% 1.03TCr
Weighted average by Cap. 12.99x 1.03x 5.78x 3.5%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Sumitomo Rubber Industries, Ltd.

Historical PBR trend

Valuation ratios - PBR - Sumitomo Rubber Industries, Ltd.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Sumitomo Rubber Industries, Ltd.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Sumitomo Rubber Industries, Ltd.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Sumitomo Rubber Industries, Ltd.
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