Company Valuation: TechMatrix Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 84,968 59,240 74,319 79,172 71,489 96,052 - -
Change - -30.28% 25.45% 6.53% -9.7% 34.36% - -
Enterprise Value (EV) 70,309 43,816 51,220 57,449 39,856 96,052 96,052 96,052
Change - -37.68% 16.9% 12.16% -30.62% 140.99% 0% 0%
P/E 35.8x 20.1x 21x 19.5x 13.8x 17.3x 14.5x 12.4x
PBR 5.01x 3.12x 3.42x 3.27x 2.72x 3.24x 2.87x 2.53x
PEG - 0.8x 1.1x 1.3x 0.5x 2.32x 0.8x 0.7x
Capitalization / Revenue 2.33x 1.29x 1.39x 1.22x 1x 1.18x 1.04x 0.93x
EV / Revenue 0x 0x 0x 0x 0x 1.18x 1.04x 0.93x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 11.3x 9.61x 8.18x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 20 23 28 34 52 54 66 77
Rate of return 0.94% 1.55% 1.51% 1.73% 2.92% 2.26% 2.76% 3.22%
EPS 2 59.65 73.91 88.35 101.1 128.9 138.5 165 193.3
Distribution rate 33.5% 31.1% 31.7% 33.6% 40.3% 39% 40% 39.8%
Net sales 1 36,513 45,950 53,303 64,882 71,733 81,650 92,020 1,03,480
EBITDA 5,694 7,485 - - - - - -
EBIT 1 3,734 5,098 5,850 6,668 7,760 8,500 9,995 11,740
Net income 1 2,371 2,950 3,540 4,060 5,178 5,565 6,630 7,770
Net Debt -14,659 -15,424 -23,099 -21,723 -31,633 - - -
Reference price 2 2,138.00 1,484.00 1,852.00 1,971.00 1,779.00 2,390.00 2,390.00 2,390.00
Nbr of stocks (in thousands) 39,742 39,919 40,129 40,169 40,185 40,189 - -
Announcement Date 09/05/22 09/05/23 09/05/24 09/05/25 08/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.75x3.72x12.98x2.92% 22TCr
13.94x1.54x8.07x3.44% 11TCr
-107.91x16.98x97.19x-.--% 11TCr
15.2x2.78x10.49x5.4% 8.99TCr
20.27x5.32x13.08x2.81% 6.11TCr
14.94x2.18x9.24x5.22% 4.89TCr
21.46x1.75x10.79x1.37% 4.16TCr
21.03x1.59x10.19x0.9% 3.99TCr
18.38x2.35x11.05x4.75% 3.81TCr
Average 4.45x 4.25x 20.34x 2.98% 8.43TCr
Weighted average by Cap. 1.18x 4.87x 23.11x 2.93%

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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