Company Valuation: Core Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 21,450 22,656 22,935 27,272 25,624 32,226
Change - 5.62% 1.23% 18.91% -6.04% 25.76%
Enterprise Value (EV) 1 19,758 20,093 19,321 22,588 19,353 25,518
Change - 1.7% -3.84% 16.91% -14.32% 31.85%
P/E 15.1x 14x 11.6x 12x 11.4x 11.2x
PBR 1.74x 1.67x 1.51x 1.6x 1.38x 1.56x
PEG - 1x 0.6x 0.8x -7.53x 0.4x
Capitalization / Revenue 1.03x 1.04x 1x 1.14x 1.04x 1.21x
EV / Revenue 0.95x 0.92x 0.85x 0.94x 0.79x 0.96x
EV / EBITDA 8.44x 7.65x 6.5x 6.68x 5.71x 6.29x
EV / EBIT 9.72x 8.49x 7.04x 7.19x 6.09x 6.68x
EV / FCF 11.1x 16.5x 13.1x 14x 10.2x 16.5x
FCF Yield 9.04% 6.06% 7.66% 7.13% 9.77% 6.05%
Dividend per Share 2 30 35 40 45 55 60
Rate of return 1.99% 2.2% 2.49% 2.37% 3.08% 2.67%
EPS 2 100.3 113.9 137.8 158.5 156.1 200.3
Distribution rate 29.9% 30.7% 29% 28.4% 35.2% 30%
Net sales 1 20,785 21,798 22,848 23,998 24,599 26,532
EBITDA 1 2,340 2,625 2,974 3,382 3,392 4,060
EBIT 1 2,032 2,368 2,744 3,141 3,176 3,820
Net income 1 1,423 1,622 1,968 2,270 2,242 2,879
Net Debt 1 -1,692 -2,563 -3,614 -4,684 -6,271 -6,708
Reference price 2 1,511.00 1,590.00 1,605.00 1,902.00 1,783.00 2,243.00
Nbr of stocks (in thousands) 14,196 14,249 14,290 14,339 14,371 14,367
Announcement Date 24/06/21 23/06/22 22/06/23 25/06/24 25/06/25 18/06/26
1JPY in Million2JPY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 198M
25.22x4.05x14.08x2.68% 238B
23.95x5.01x12.28x0.69% 206B
17.66x2.01x10.33x2.68% 153B
-123.59x17.14x94.25x-.--% 111B
-523.76x37.2x152.79x-.--% 108B
16.35x2.95x11.37x4.92% 95.75B
23.33x6.05x14.86x2.4% 70.41B
25.59x2.13x13.49x1.22% 50.46B
15.09x2.2x9.35x5.16% 49.32B
Average -55.57x 8.75x 36.98x 2.2% 108.13B
Weighted average by Cap. -47.58x 8.46x 34.85x 1.98%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Core Corporation

Historical PBR trend

Valuation ratios - PBR - Core Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Core Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Core Corporation

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