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 5,783,499 - -
Change - 33.47% 273.95% -47.71% 105.02% -12.93% - -
Enterprise Value (EV) 1 1,115,729 1,493,968 5,980,985 3,010,690 6,357,640 5,428,818 5,330,550 5,203,367
Change - 33.9% 300.34% -49.66% 111.17% -14.61% -1.81% -2.39%
P/E 18.7x 20x 73.6x 26.1x 49x 30.7x 24.9x 21.3x
PBR 4.24x 4.78x 15.3x 6.78x 11.3x 8.23x 6.83x 5.85x
PEG - 0.8x 47.66x 0.6x 5.26x 0.8x 1.1x 1.3x
Capitalization / Revenue 4.89x 5.83x 20.1x 8.24x 15.2x 10.3x 8.68x 7.61x
EV / Revenue 4.4x 5.26x 19.4x 7.65x 14.6x 9.68x 8x 6.85x
EV / EBITDA 11.2x 12.4x 45.1x 16.8x 31.8x 20.3x 16.4x 13.9x
EV / EBIT 12.2x 13.5x 49.2x 18x 34.4x 21.3x 16.9x 14.1x
EV / FCF 27.8x 21.7x 73.7x 56.3x -2,856x 43x 30.3x 24.2x
FCF Yield 3.59% 4.6% 1.36% 1.78% -0.04% 2.33% 3.3% 4.13%
Dividend per Share 2 269.3 305.3 307 413 505 686.4 848.8 1,074
Rate of return 2.35% 2% 0.54% 1.38% 0.82% 1.29% 1.59% 2.01%
EPS 2 611.7 765.5 777.3 1,143 1,250 1,738 2,141 2,502
Distribution rate 44% 39.9% 39.5% 36.1% 40.4% 39.5% 39.6% 42.9%
Net sales 1 253,781 284,135 307,554 393,300 436,889 560,701 666,446 759,523
EBITDA 1 100,064 120,784 132,521 179,000 199,810 267,341 324,254 374,918
EBIT 1 91,513 110,413 121,490 166,800 184,989 254,716 314,546 367,750
Net income 1 66,206 82,891 84,205 123,900 135,521 187,927 232,255 271,380
Net Debt 1 -125,771 -163,053 -215,486 -229,167 -284,575 -354,681 -452,950 -580,132
Reference price 2 11,466.67 15,300.00 57,190.00 29,895.00 61,240.00 53,320.00 53,320.00 53,320.00
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.($)
35.97x10.91x31.54x0.42% 376B
63.39x9.34x50.02x0.14% 70.56B
62.44x18.56x81.31x0.13% 48.13B
36.03x9.46x24.55x0.49% 46.4B
30.67x9.68x20.31x1.29% 36.38B
76.47x23.1x87.8x0.13% 30.2B
35.96x3.38x10.29x0.43% 25.82B
83.99x16.42x79.49x0.3% 21.83B
73.57x19.54x69.37x0.19% 18.23B
Average 55.39x 13.38x 50.52x 0.39% 74.88B
Weighted average by Cap. 44.84x 11.80x 40.23x 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