Company Valuation: JAFCO Group Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 199,665 136,935 102,949 102,457 113,092 131,813 - -
Change - -31.42% -24.82% -0.48% 10.38% 16.55% - -
Enterprise Value (EV) 92,263 84,515 33,617 49,966 55,789 131,813 131,813 131,813
Change - -8.4% -60.22% 48.63% 11.65% 136.27% 0% 0%
P/E ratio 5.27x 9.74x 3.23x 13.7x 11.8x 12.2x 12.3x 10.5x
PBR 0.9x 0.68x 0.79x 0.74x 0.8x 0.91x 0.9x 0.84x
PEG - -0.2x 0x -0.2x 0.4x 0.7x -11.74x 0.6x
Capitalization / Revenue 9.28x 4.95x 7.32x 4.19x 3.81x 4.55x 4.54x 4.39x
EV / Revenue 0x 0x 0x 0x 0x 4.55x 4.54x 4.39x
EV / EBITDA 0x 0x -0x 0x 0x 8.67x 7.99x -
EV / EBIT 0x 0x -0x 0x 0x 8.79x 9.55x 10.1x
EV / FCF 0x -0x 0x -0x 0x 16.4x 14.3x 14.2x
FCF Yield 24.6% -8.92% 60.6% -9.44% 9.11% 6.08% 6.97% 7.03%
Dividend per Share 2 46 51 150 69 88 133 142 153
Rate of return 2.1% 2.72% 7.92% 3.67% 4.25% 5.31% 5.67% 6.11%
EPS 2 416.4 192.5 586.9 137.6 175.6 205.2 203 237.9
Distribution rate 11% 26.5% 25.6% 50.1% 50.1% 64.8% 69.9% 64.3%
Net sales 1 21,512 27,677 14,073 24,443 29,685 29,000 29,050 30,000
EBITDA 1 9,156 17,081 -4,206 8,356 12,668 15,200 16,500 -
EBIT 1 8,964 16,876 -4,414 8,175 12,520 15,000 13,800 13,100
Net income 1 38,504 15,080 40,571 7,494 9,576 10,800 10,300 10,200
Net Debt -107,402 -52,420 -69,332 -52,491 -57,303 - - -
Reference price 2 2,193.33 1,875.00 1,893.00 1,880.50 2,072.50 2,505.00 2,505.00 2,505.00
Nbr of stocks (in thousands) 91,033 73,032 54,384 54,484 54,568 52,620 - -
Announcement Date 21/04/21 22/04/22 26/04/23 24/04/24 23/04/25 - - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.21x - - 5.31% 855M
27.34x7.09x17.6x1.91% 169B
18.32x - - 2.35% 135B
17.3x7.08x - 1.58% 87.03B
32.12x15.67x28.48x3.32% 85.43B
14.26x1.99x6.21x1.22% 46.16B
5.2x5.08x5.16x2.57% 45.79B
14.02x5.44x - 2.41% 36.9B
17.22x5.33x18.29x2.08% 27.75B
Average 17.55x 6.81x 15.15x 2.53% 70.43B
Weighted average by Cap. 20.89x 7.68x 17.21x 2.19%

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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  4. Valuation JAFCO Group Co., Ltd.