Company Valuation: Estic Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 11,886 10,849 8,337 9,212 8,972 10,347
Change - -8.73% -23.15% 10.49% -2.6% 15.32%
Enterprise Value (EV) 1 10,682 8,827 6,162 7,699 5,646 7,662
Change - -17.37% -30.19% 24.94% -26.66% 35.7%
P/E 16.3x 13.2x 7.72x 8.13x 7.59x 8.89x
PBR 1.84x 1.5x 1.01x 1x 0.86x 0.92x
PEG - 1.1x 0.2x 1.66x 1.84x -5.48x
Capitalization / Revenue 2.25x 1.89x 1.24x 1.29x 1.14x 1.29x
EV / Revenue 2.02x 1.53x 0.92x 1.08x 0.72x 0.95x
EV / EBITDA 8.88x 7.13x 3.85x 4.69x 3.1x 4.39x
EV / EBIT 10.1x 7.87x 4.15x 5.17x 3.45x 4.86x
EV / FCF 13.3x 11.1x 33x -11.5x 3.31x -14x
FCF Yield 7.54% 9.01% 3.03% -8.67% 30.2% -7.12%
Dividend per Share 2 15.25 - 23 25 28 29
Rate of return 1.27% - 2.74% 2.7% 3.11% 2.79%
EPS 2 73.52 82.64 108.6 113.9 118.6 116.7
Distribution rate 20.7% - 21.2% 21.9% 23.6% 24.8%
Net sales 1 5,294 5,754 6,718 7,127 7,881 8,033
EBITDA 1 1,203 1,238 1,600 1,640 1,824 1,745
EBIT 1 1,056 1,121 1,484 1,490 1,638 1,575
Net income 1 729 820 1,079 1,133 1,181 1,163
Net Debt 1 -1,204 -2,022 -2,175 -1,513 -3,326 -2,685
Reference price 2 1,198.75 1,093.00 839.00 926.00 901.00 1,038.00
Nbr of stocks (in thousands) 9,916 9,926 9,937 9,948 9,958 9,968
Announcement Date 17/06/21 17/06/22 19/06/23 19/06/24 19/06/25 17/06/26
1JPY in Million2JPY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 67.17M
30.41x5.2x18.93x0.86% 120B
25.93x4.74x16.62x2.32% 34.85B
20.34x1.74x12.52x2.31% 29.59B
28.78x3.86x14.57x0.12% 28.3B
19.53x3.34x10.67x1.56% 27.9B
20.88x3.03x13.07x1.12% 25.46B
23.3x2.85x12.28x1.62% 24.97B
93.86x35.38x77.15x0.4% 24.45B
25.52x3.21x15.69x1.77% 23.38B
Average 32.06x 7.04x 21.28x 1.34% 33.87B
Weighted average by Cap. 31.04x 6.29x 20.14x 1.24%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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