Company Valuation: ARCS Company Limited

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 122,554 121,367 167,170 150,552 207,261 190,477 - -
Change - -0.97% 37.74% -9.94% 37.67% -8.1% - -
Enterprise Value (EV) 82,090 76,237 118,593 100,607 145,410 190,477 190,477 190,477
Change - -7.13% 55.56% -15.17% 44.53% 30.99% 0% 0%
P/E 11.9x 12.2x 14.5x 13.6x 16.8x 15.4x 14.5x 13.8x
PBR 0.75x 0.71x 0.94x 0.82x 1.06x 0.93x 0.9x 0.86x
PEG - -4.45x 0.7x -3.21x 1.3x 25.63x 2.58x 2.58x
Capitalization / Revenue 0.21x 0.21x 0.28x 0.25x 0.33x 0.29x 0.29x 0.28x
EV / Revenue 0x 0x 0x 0x 0x 0.29x 0.29x 0.28x
EV / EBITDA 0x 0x 0x 0x 0x 6.73x 6.35x 6.11x
EV / EBIT 0x 0x 0x 0x 0x 10.6x 10.1x 9.52x
EV / FCF 0x 0x 0x 0x 0x 18x 13.3x 12.6x
FCF Yield 8.02% 7.6% 8.02% 4.97% 8.69% 5.56% 7.51% 7.93%
Dividend per Share 2 57 58 68 74 82 85.5 92 97
Rate of return 2.62% 2.68% 2.2% 2.65% 2.11% 2.39% 2.57% 2.71%
EPS 2 182.5 177.5 214 205 231.4 232.8 245.8 259
Distribution rate 31.2% 32.7% 31.8% 36.1% 35.4% 36.7% 37.4% 37.5%
Net sales 1 577,568 566,209 591,557 608,284 626,957 645,800 664,100 683,200
EBITDA 1 24,430 23,657 26,705 26,361 28,157 28,300 30,000 31,200
EBIT 1 15,562 14,835 16,831 15,936 17,632 17,900 18,950 20,000
Net income 1 10,304 9,947 11,766 11,063 12,445 12,400 13,100 13,800
Net Debt -40,464 -45,130 -48,577 -49,945 -61,851 - - -
Reference price 2 2,176.00 2,168.00 3,095.00 2,789.00 3,890.00 3,575.00 3,575.00 3,575.00
Nbr of stocks (in thousands) 56,321 55,981 54,013 53,981 53,280 53,280 - -
Announcement Date 14/04/22 14/04/23 15/04/24 14/04/25 13/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.32x - - 2.4% 1.19B
18.97x0.85x5.76x6.56% 36.68B
40.06x1.63x20.46x0.3% 31.59B
17.04x0.63x7.26x2.92% 29.71B
74.59x3.3x43.25x-.--% 27.81B
29x0.9x9.69x3.26% 22.37B
11.52x0.24x4.32x6.62% 12.84B
15.97x0.38x5.52x3.85% 12.47B
8.08x1.76x5.65x2.46% 12.1B
20.99x0.79x9.04x2.73% 10.4B
Average 25.15x 1.17x 12.33x 3.11% 19.72B
Weighted average by Cap. 29.78x 1.28x 14.18x 3.06%

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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