Company Valuation: CKD Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 125,624 143,387 201,213 134,881 285,312 371,597 - -
Change - 14.14% 40.33% -32.97% 111.53% 30.24% - -
Enterprise Value (EV) 1 109,006 133,444 210,439 135,349 277,075 355,207 347,468 336,146
Change - 22.42% 57.7% -35.68% 104.71% 28.2% -2.18% -3.26%
P/E 10x 9.7x 24.1x 9.98x 21x 19.6x 16.1x 14.6x
PBR 1.15x 1.2x 1.56x 0.99x 1.86x 2.28x 2.1x 1.93x
PEG - 0.6x -0.6x 0.2x 56.69x 0.5x 0.7x 1.5x
Capitalization / Revenue 0.88x 0.9x 1.5x 0.87x 1.81x 1.98x 1.79x 1.71x
EV / Revenue 0.77x 0.84x 1.57x 0.87x 1.75x 1.89x 1.68x 1.54x
EV / EBITDA 4.58x 4.8x 10.6x 5.29x 10.4x 10.1x 8.46x 7.61x
EV / EBIT 6.1x 6.3x 16x 7.12x 14.1x 12.8x 10.4x 9.24x
EV / FCF 28.6x -76.6x -16.7x 10.3x 23.1x 31.1x 20x 18x
FCF Yield 3.49% -1.31% -6% 9.69% 4.33% 3.22% 5% 5.57%
Dividend per Share 2 67 89 50 80 81 111.5 133.3 149
Rate of return 3.55% 4.14% 1.66% 3.96% 1.9% 2.01% 2.4% 2.68%
EPS 2 188.6 221.8 124.9 202.5 203.2 283.9 345.4 379.9
Distribution rate 35.5% 40.1% 40% 39.5% 39.9% 39.3% 38.6% 39.2%
Net sales 1 142,199 159,457 134,425 155,634 157,886 187,731 207,259 217,733
EBITDA 1 23,789 27,796 19,928 25,586 26,633 35,185 41,072 44,170
EBIT 1 17,879 21,170 13,113 19,018 19,640 27,757 33,485 36,389
Net income 1 12,567 14,788 8,338 13,520 13,578 18,943 22,942 25,089
Net Debt 1 -16,618 -9,943 9,226 468 -8,237 -16,390 -24,130 -35,451
Reference price 2 1,885.00 2,150.00 3,015.00 2,020.00 4,270.00 5,560.00 5,560.00 5,560.00
Nbr of stocks (in thousands) 66,644 66,692 66,737 66,773 66,818 66,834 - -
Announcement Date 13/05/22 12/05/23 10/05/24 13/05/25 15/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.33x2.17x11.58x1.76% 2.59B
16.73x1.77x10.41x0.84% 18.37B
29.23x6.09x18.99x1.13% 16.57B
22.07x2.63x15.93x1.47% 8.1B
53.41x6.2x36.35x0.32% 7.53B
53.69x5.72x22.71x - 6.95B
15.08x1.17x8.89x4.84% 5.6B
7.85x1.26x5.17x4.59% 4.12B
11.04x0.52x4.78x2.73% 4.07B
22.02x2.9x11.2x2.28% 4.06B
Average 25.35x 3.04x 14.60x 2.22% 7.8B
Weighted average by Cap. 26.36x 3.50x 15.81x 1.68%

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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