Company Valuation: DTS Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 120,697 140,384 172,448 156,255 163,648 169,060 - -
Change - 16.31% 22.84% -9.39% 4.73% 3.31% - -
Enterprise Value (EV) 73,377 96,054 133,048 125,737 133,082 169,060 169,060 169,060
Change - 30.9% 38.51% -5.5% 5.84% 27.03% 0% 0%
P/E 15.5x 17.7x 23.9x 15.7x 14.1x 14.1x 12.9x 12x
PBR 1.95x 2.29x 2.77x 2.77x 2.58x 2.54x 2.37x 2.2x
PEG - 3.54x -3.36x 0.3x 0.9x 4.36x 1.45x 1.54x
Capitalization / Revenue 1.28x 1.32x 1.49x 1.24x 1.21x 1.18x 1.12x 1.06x
EV / Revenue 0x 0x 0x 0x 0x 1.18x 1.12x 1.06x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.78x 9.06x 8.42x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 17.5 30 25.75 31.75 82 38 41.67 44.67
Rate of return 2.61% 3.73% 2.56% 3.18% 7.98% 3.58% 3.93% 4.21%
EPS 2 43.2 45.35 42.13 63.45 72.94 75.3 82 88.4
Distribution rate 40.5% 66.1% 61.1% 50% 112% 50.5% 50.8% 50.5%
Net sales 1 94,452 106,132 115,727 125,908 135,213 143,575 150,813 159,483
EBITDA 11,798 12,436 - - - - - -
EBIT 1 11,196 11,694 12,508 14,489 16,434 17,282 18,667 20,067
Net income 1 7,853 8,001 7,293 10,635 11,644 11,883 12,853 13,780
Net Debt -47,320 -44,330 -39,400 -30,518 -30,566 - - -
Reference price 2 669.50 805.00 1,005.00 998.75 1,027.00 1,061.00 1,061.00 1,061.00
Nbr of stocks (in thousands) 180,280 174,390 171,591 156,451 159,345 159,340 - -
Announcement Date 28/04/22 28/04/23 26/04/24 01/05/25 01/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.94x4.49x15.67x2.35% 270B
-91.57x14.47x83.76x-.--% 90.62B
10.05x1.1x5.78x4.8% 82.75B
13.41x2.45x9.24x6.13% 78.49B
19x5.01x12.36x2.99% 57.15B
13.87x2.02x8.48x5.61% 45.32B
19.09x1.53x9.63x1.5% 35.95B
20.08x1.48x9.43x0.99% 35.58B
15.86x2.03x9.43x5.45% 33.03B
Average 5.30x 3.84x 18.20x 3.31% 81.02B
Weighted average by Cap. 6.55x 4.61x 20.73x 3.03%

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