Valuation Taiheiyo Cement Corporation

Equities

Market Closed - Japan Exchange Other stock markets 12:00:00 10/04/2026 pm IST			5-day change	1st Jan Change
3,701.00 ^JPY	+0.33%		+4.81%	-4.69%

25/03	Tokuyama Corp - Notice concerning establishment of a wholly owned subsidiary and a company split following transfer of domestic sales business for cement	RE
25/03	Taiheiyo Cement Corporation entered into a share purchase agreement to acquire Cement Sales Business of Tokuyama Corporation for ¥37 billion.	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	3,45,192	2,35,462	2,91,121	4,06,733	4,34,220	4,12,566	-	-
Change	-	-31.79%	23.64%	39.71%	6.76%	-4.99%	-	-
Enterprise Value (EV) ¹	5,20,220	4,45,777	6,04,763	7,21,905	7,50,067	7,36,457	8,44,047	8,35,482
Change	-	-14.31%	35.67%	19.37%	3.9%	-1.81%	14.61%	-1.01%
P/E ratio	7.51x	8.21x	-8.77x	9.48x	7.76x	20.7x	8.4x	7.3x
PBR	0.73x	0.46x	0.59x	0.72x	0.68x	0.64x	0.6x	0.56x
PEG	-	-0.2x	0x	-0x	0.2x	-0.3x	0x	0.5x
Capitalization / Revenue	0.4x	0.33x	0.36x	0.46x	0.48x	0.46x	0.43x	0.41x
EV / Revenue	0.6x	0.63x	0.75x	0.81x	0.84x	0.82x	0.89x	0.83x
EV / EBITDA	4.47x	4.34x	8.77x	5.88x	5.41x	5.18x	5.69x	5.25x
EV / EBIT	8.18x	9.55x	136x	12.8x	9.65x	10.5x	11.4x	9.94x
EV / FCF	11.7x	-35x	-6.46x	12.4x	66.1x	28.1x	-9.67x	42.6x
FCF Yield	8.53%	-2.86%	-15.5%	8.09%	1.51%	3.55%	-10.3%	2.35%
Dividend per Share ²	60	70	70	70	80	100	105	110
Rate of return	2.06%	3.47%	2.81%	1.99%	2.05%	2.7%	2.84%	2.97%
EPS ²	387.8	245.8	-283.7	371.1	502.5	178.9	440.7	506.7
Distribution rate	15.5%	28.5%	-24.7%	18.9%	15.9%	55.9%	23.8%	21.7%
Net sales ¹	8,63,903	7,08,201	8,09,542	8,86,275	8,96,295	8,94,344	9,50,550	10,07,520
EBITDA ¹	1,16,346	1,02,765	68,921	1,22,815	1,38,666	1,42,161	1,48,348	1,59,185
EBIT ¹	63,610	46,701	4,456	56,470	77,750	70,311	74,217	84,080
Net income ¹	46,800	28,971	-33,206	43,272	57,428	19,935	49,041	56,080
Net Debt ¹	1,75,028	2,10,315	3,13,642	3,15,172	3,15,847	3,23,891	4,31,481	4,22,916
Reference price ²	2,911.00	2,019.00	2,487.00	3,519.00	3,897.00	3,701.00	3,701.00	3,701.00
Nbr of stocks (in thousands)	1,18,582	1,16,623	1,17,057	1,15,582	1,11,424	1,11,474	-	-
Announcement Date	13/05/21	12/05/22	11/05/23	14/05/24	13/05/25	-	-	-

¹JPY in Million²JPY

Estimates

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.($)
TAIHEIYO CEMENT CORPORATION	20.69x	0.82x	5.18x	2.7%	259.26Cr
CRH PLC	19.7x	2.34x	11.19x	1.33%	7.89TCr
VULCAN MATERIALS COMPANY	31.72x	5.21x	16.77x	0.71%	3.85TCr
HEIDELBERG MATERIALS AG	14.67x	1.74x	7.94x	2.07%	3.93TCr
MARTIN MARIETTA MATERIALS, INC.	30.51x	6x	17.45x	0.54%	3.81TCr
ULTRATECH CEMENT LIMITED	41.54x	4.07x	21.55x	0.69%	3.67TCr
AMRIZE AG	21.94x	2.85x	10.8x	0.99%	3.2TCr
GRASIM INDUSTRIES LIMITED	444.36x	4.84x	114.37x	0.36%	2TCr
CEMEX, S.A.B. DE C.V.	10.85x	1.3x	6.59x	0.84%	1.73TCr
CHINA JUSHI CO., LTD.	21.56x	5.59x	13.32x	1.35%	1.7TCr
Average	65.76x	3.48x	22.52x	1.16%	3.2TCr
Weighted average by Cap.	50.69x	3.56x	19.62x	1.07%