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 1,01,116 - -
Change - -30.28% 25.45% 6.53% -9.7% 41.44% - -
Enterprise Value (EV) 70,309 43,816 51,220 57,449 39,856 1,01,116 1,01,116 1,01,116
Change - -37.68% 16.9% 12.16% -30.62% 153.7% 0% 0%
P/E 35.8x 20.1x 21x 19.5x 13.8x 18x 15x 12.4x
PBR 5.01x 3.12x 3.42x 3.27x 2.72x 3.73x 3.64x 3.52x
PEG - 0.8x 1.1x 1.3x 0.5x 2.07x 0.7x 0.6x
Capitalization / Revenue 2.33x 1.29x 1.39x 1.22x 1x 1.24x 1.1x 0.98x
EV / Revenue 0x 0x 0x 0x 0x 1.24x 1.1x 0.98x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 11.8x 10.1x 8.58x
EV / FCF 0x 0x 0x 0x 0x 12.8x 10.8x 9.31x
FCF Yield 6.45% 8.02% 8.42% 5.13% 14.5% 7.79% 9.28% 10.7%
Dividend per Share 2 20 23 28 34 52 54 67 80.5
Rate of return 0.94% 1.55% 1.51% 1.73% 2.92% 2.15% 2.66% 3.2%
EPS 2 59.65 73.91 88.35 101.1 128.9 140.1 168.2 202.5
Distribution rate 33.5% 31.1% 31.7% 33.6% 40.3% 38.5% 39.8% 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 8,550 10,045 11,790
Net income 1 2,371 2,950 3,540 4,060 5,178 5,615 6,630 7,820
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 2,516.00 2,516.00 2,516.00
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.96x - - 2.15% 64Cr
21.86x3.6x12.56x3.04% 21TCr
22.46x4.73x11.6x0.74% 19TCr
-602.19x42.83x175.97x-.--% 12TCr
-134.17x18.64x102.49x-.--% 12TCr
14.77x1.61x8.44x3.25% 12TCr
13.47x2.43x9.22x6.1% 7.81TCr
19.46x5.19x12.74x2.88% 5.82TCr
-17.53x7.42x12.62x-.--% 4.94TCr
22.77x1.89x11.94x1.37% 4.48TCr
Average -62.11x 9.81x 39.73x 1.95% 9.97TCr
Weighted average by Cap. -78.18x 10.40x 42.84x 1.88%

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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