Company Valuation: Earth Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 135,232 111,643 101,120 121,955 108,473 101,482 - -
Change - -17.44% -9.42% 20.6% -11.05% -6.45% - -
Enterprise Value (EV) 1 117,903 99,071 93,615 109,948 92,865 83,219 81,855 80,125
Change - -15.97% -5.51% 17.45% -15.54% -10.39% -1.64% -2.11%
P/E 18.9x 21x 24.6x 35.4x 20.7x 16.7x 15.5x 14.6x
PBR 2.25x 1.78x 1.52x 1.77x 1.45x 1.3x 1.25x 1.19x
PEG - -0.8x -1.1x -2.4x 0.4x 1.1x 2x 2.3x
Capitalization / Revenue 0.66x 0.73x 0.64x 0.72x 0.61x 0.54x 0.52x 0.51x
EV / Revenue 0.58x 0.65x 0.59x 0.65x 0.52x 0.44x 0.42x 0.4x
EV / EBITDA 8.3x 8.78x 8.93x 10.1x 7.23x 6.18x 5.75x 5.36x
EV / EBIT 11.1x 13.3x 14.7x 17.1x 11.5x 9.83x 8.62x 7.97x
EV / FCF 74x -41.9x 114x 11.9x 14.9x 13.5x 14.6x 13.1x
FCF Yield 1.35% -2.39% 0.88% 8.42% 6.72% 7.4% 6.83% 7.64%
Dividend per Share 2 118 118 118 120 125 130 133.3 139
Rate of return 1.92% 2.33% 2.58% 2.14% 2.52% 2.8% 2.87% 2.99%
EPS 2 323.8 240.5 185.6 158.3 240 277.6 299.2 318.2
Distribution rate 36.4% 49.1% 63.6% 75.8% 52.1% 46.8% 44.6% 43.7%
Net sales 1 203,785 152,339 158,344 169,278 179,182 188,600 194,633 200,700
EBITDA 1 14,203 11,286 10,488 10,849 12,841 13,462 14,247 14,947
EBIT 1 10,667 7,434 6,370 6,425 8,087 8,467 9,500 10,050
Net income 1 7,142 5,303 4,102 3,475 5,238 6,072 6,544 6,960
Net Debt 1 -17,329 -12,572 -7,505 -12,007 -15,608 -18,263 -19,627 -21,357
Reference price 2 6,130.00 5,060.00 4,570.00 5,600.00 4,965.00 4,645.00 4,645.00 4,645.00
Nbr of stocks (in thousands) 22,061 22,064 22,127 21,778 21,848 21,847 - -
Announcement Date 14/02/22 13/02/23 13/02/24 13/02/25 13/02/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.88x0.45x6.25x2.77% 634M
16.65x3.14x11.26x4.32% 42.77B
25.83x4.01x17.16x1.28% 22.83B
19.28x2.39x12.91x5.18% 11.68B
16.34x1.84x10.33x3.49% 5.54B
15.05x1.86x11.04x9.66% 3.64B
43.07x5.3x28.63x - 3.56B
18.05x0.85x6.47x2.03% 2.86B
Average 21.40x 2.48x 13.01x 4.11% 11.69B
Weighted average by Cap. 20.19x 3.12x 13.33x 3.74%

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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