Company Valuation: BASE,Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 68,655 26,601 28,103 37,629 36,716 35,238 - -
Change - -61.25% 5.65% 33.9% -2.43% -4.02% - -
Enterprise Value (EV) 44,602 4,191 5,876 12,626 10,745 35,238 35,238 35,238
Change - -90.6% 40.2% 114.86% -14.9% 227.96% 0% 0%
P/E -57x -15.3x -46x 111x 20.1x 17.8x 14x 11.2x
PBR 4.55x 1.99x 2.16x 2.81x 2.51x 2.28x 2.15x 1.97x
PEG - -0.4x 0.7x -1x 0x 2.12x 0.5x 0.5x
Capitalization / Revenue 6.91x 2.73x 2.41x 2.35x 1.77x 1.28x 1.14x 1.01x
EV / Revenue 0x 0x 0x 0x 0x 1.28x 1.14x 1.01x
EV / EBITDA -0x -0x -0x 0x - 14.2x 11.4x 9.01x
EV / EBIT -0x -0x -0x 0x 0x 14.5x 11.6x 9.13x
EV / FCF 0x -0x -0x 0x 0x 4.84x 7.05x 5.77x
FCF Yield 2.57% -6.51% -0.48% 9.65% 8.86% 20.7% 14.2% 17.3%
Dividend per Share 2 - - - - 5 5 5 5
Rate of return - - - - 1.57% 1.63% 1.63% 1.63%
EPS 2 -10.8 -15.46 -5.31 2.94 15.87 17.2 21.9 27.3
Distribution rate - - - - 31.5% 29.1% 22.8% 18.3%
Net sales 1 9,931 9,739 11,680 15,981 20,729 27,600 31,000 34,900
EBITDA 1 -932 -1,459 -423 803 - 2,480 3,100 3,910
EBIT 1 -977 -1,508 -425 772 1,686 2,430 3,050 3,860
Net income 1 -1,194 -1,732 -606 340 1,826 1,930 2,450 3,060
Net Debt -24,053 -22,410 -22,227 -25,003 -25,971 - - -
Reference price 2 616.00 236.00 244.00 325.00 319.00 306.00 306.00 306.00
Nbr of stocks (in thousands) 111,453 112,718 115,178 115,782 115,096 115,157 - -
Announcement Date 09/02/22 08/02/23 08/02/24 14/02/25 12/02/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.82x4.03x9.42x1.39% 505B
19.26x5.67x17.03x-.--% 285B
23.17x2.47x12.78x-.--% 143B
4.26x89.85x3.25x0.13% 110B
32.47x3.94x25.96x-.--% 97.5B
10.4x7.65x87.65x0.66% 89.5B
27.55x5.17x14.59x-.--% 83.12B
69.85x4.08x19.9x-.--% 77.44B
8.12x2.76x43.46x0.76% 36.22B
Average 23.32x 13.96x 26.00x 0.33% 158.5B
Weighted average by Cap. 20.22x 11.06x 18.58x 0.56%

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