Company Valuation: AXELL Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 10,646 11,513 19,466 21,294 11,948 11,513
Change - 8.15% 69.07% 9.4% -43.89% -3.64%
Enterprise Value (EV) 1 2,733 2,416 8,757 11,478 5,348 5,843
Change - -11.59% 262.37% 31.08% -53.41% 9.26%
P/E 16.3x 13.3x 14.4x 12.1x 12.2x 9.41x
PBR 1.06x 1.09x 1.68x 1.67x 0.93x 0.85x
PEG - 0.4x 0.3x 0.4x -0.3x 0.3x
Capitalization / Revenue 1.18x 1.08x 1.34x 1.21x 0.78x 0.79x
EV / Revenue 0.3x 0.23x 0.6x 0.65x 0.35x 0.4x
EV / EBITDA 4.59x 2.74x 5.25x 4.57x 3.43x 3.32x
EV / EBIT 5.09x 2.88x 5.42x 4.73x 3.66x 3.51x
EV / FCF 32.7x 1.87x 6.55x 40.6x -2.98x 76.3x
FCF Yield 3.06% 53.4% 15.3% 2.46% -33.6% 1.31%
Dividend per Share 2 31 40 62 81 45 57
Rate of return 3.14% 3.76% 3.46% 4.16% 4.13% 5.33%
EPS 2 60.58 79.99 124.4 161.5 89.12 113.6
Distribution rate 51.2% 50% 49.8% 50.2% 50.5% 50.2%
Net sales 1 8,999 10,666 14,474 17,570 15,244 14,656
EBITDA 1 596 883 1,668 2,510 1,561 1,760
EBIT 1 537 839 1,615 2,427 1,462 1,665
Net income 1 670 865 1,353 1,771 978 1,230
Net Debt 1 -7,913 -9,097 -10,709 -9,816 -6,600 -5,670
Reference price 2 986.00 1,064.00 1,791.00 1,949.00 1,090.00 1,069.00
Nbr of stocks (in thousands) 10,797 10,821 10,869 10,926 10,962 10,770
Announcement Date 30/06/21 24/06/22 23/06/23 21/06/24 18/06/25 16/06/26
1JPY in Million2JPY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 111M
23.12x13.16x19.84x0.33% 5,575B
23.32x11.47x15.54x1.08% 2,037B
37.15x15.71x23.08x0.76% 1,640B
14.94x9.18x11.04x0.05% 1,239B
107.42x19.49x74.15x-.--% 1,005B
5.2x3.37x4.07x0.19% 980B
-51.99x10.36x28.83x-.--% 631B
231.88x50.9x103.69x-.--% 312B
Average 48.88x 16.70x 35.03x 0.3% 1,491B
Weighted average by Cap. 30.45x 13.35x 24.06x 0.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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