Company Valuation: Disco Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,241,500 1,657,021 6,196,471 3,239,857 6,642,215 6,138,189 - -
Change - 33.47% 273.95% -47.71% 105.02% -7.59% - -
Enterprise Value (EV) 1 1,115,729 1,493,968 5,980,985 3,010,690 6,357,640 5,780,933 5,683,862 5,558,207
Change - 33.9% 300.34% -49.66% 111.17% -9.07% -1.68% -2.21%
P/E 18.7x 20x 73.6x 26.1x 49x 32.9x 27x 23.8x
PBR 4.24x 4.78x 15.3x 6.78x 11.3x 8.78x 7.32x 6.31x
PEG - 0.8x 47.66x 0.6x 5.26x 0.9x 1.2x 1.8x
Capitalization / Revenue 4.89x 5.83x 20.1x 8.24x 15.2x 11x 9.4x 8.28x
EV / Revenue 4.4x 5.26x 19.4x 7.65x 14.6x 10.4x 8.7x 7.5x
EV / EBITDA 11.2x 12.4x 45.1x 16.8x 31.8x 21.9x 17.8x 15.2x
EV / EBIT 12.2x 13.5x 49.2x 18x 34.4x 23x 18.5x 15.6x
EV / FCF 27.8x 21.7x 73.7x 56.3x -2,856x 45.7x 32.7x 26.7x
FCF Yield 3.59% 4.6% 1.36% 1.78% -0.04% 2.19% 3.06% 3.74%
Dividend per Share 2 269.3 305.3 307 413 505 691.2 845.1 1,068
Rate of return 2.35% 2% 0.54% 1.38% 0.82% 1.22% 1.49% 1.89%
EPS 2 611.7 765.5 777.3 1,143 1,250 1,719 2,093 2,375
Distribution rate 44% 39.9% 39.5% 36.1% 40.4% 40.2% 40.4% 45%
Net sales 1 253,781 284,135 307,554 393,300 436,889 555,847 653,040 741,037
EBITDA 1 100,064 120,784 132,521 179,000 199,810 263,827 319,643 366,024
EBIT 1 91,513 110,413 121,490 166,800 184,989 251,092 306,925 356,983
Net income 1 66,206 82,891 84,205 123,900 135,521 185,851 227,020 263,847
Net Debt 1 -125,771 -163,053 -215,486 -229,167 -284,575 -357,255 -454,326 -579,981
Reference price 2 11,466.67 15,300.00 57,190.00 29,895.00 61,240.00 56,590.00 56,590.00 56,590.00
Nbr of stocks (in thousands) 108,270 108,302 108,349 108,375 108,462 108,468 - -
Announcement Date 21/04/22 20/04/23 25/04/24 17/04/25 22/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
34.76x10.56x30.5x0.43% 364B
68.75x9.97x53.14x0.13% 75.52B
67.94x19.93x86.92x0.12% 51.57B
34.9x9.17x23.8x0.5% 45.97B
33.81x10.7x22.54x1.19% 39.46B
73.96x22.32x84.84x0.14% 29.18B
34.37x3.2x9.8x0.45% 24.52B
83.33x16.29x78.84x0.3% 21.63B
77.58x20.64x73.26x0.18% 19.2B
Average 56.60x 13.64x 51.52x 0.38% 74.54B
Weighted average by Cap. 45.57x 11.84x 40.85x 0.4%

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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  5. Valuation Disco Corporation