Company Valuation: Japan Exchange Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,205,931 1,058,225 2,112,595 1,589,246 1,856,919 2,220,542 - -
Change - -12.25% 99.64% -24.77% 16.84% 19.58% - -
Enterprise Value (EV) 1 1,047,044 1,012,386 2,037,056 1,543,305 1,798,941 2,083,692 2,068,191 2,041,839
Change - -3.31% 101.21% -24.24% 16.56% 15.83% -0.74% -1.27%
P/E 24.2x 22.9x 35.2x 26x 23.5x 24.4x 24.5x 23.6x
PBR 3.82x 3.37x 6.51x 4.66x 5.38x 6.33x 5.93x 5.58x
PEG - -3.42x 1.1x 55.26x 0.8x 1.5x -257.28x 6.17x
Capitalization / Revenue 8.9x 7.9x 13.8x 9.8x 9.34x 9.69x 9.46x 9.11x
EV / Revenue 7.73x 7.56x 13.3x 9.51x 9.05x 9.1x 8.81x 8.37x
EV / EBITDA 11.5x 11.6x 19.3x 14.2x 13.4x 14.6x 15.1x 14.1x
EV / EBIT 14.3x 14.8x 23.3x 17.1x 15.5x 16.4x 16.4x 16x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 36 31.5 45.5 45.5 61 72.81 64.73 65.06
Rate of return 3.15% 3.12% 2.21% 2.98% 3.38% 3.35% 2.97% 2.99%
EPS 2 47.18 44.02 58.44 58.72 76.81 89.04 88.95 92.36
Distribution rate 76.3% 71.6% 77.9% 77.5% 79.4% 81.8% 72.8% 70.4%
Net sales 1 135,432 133,991 152,871 162,230 198,735 229,074 234,647 243,876
EBITDA 1 90,998 87,224 105,742 108,483 134,333 142,428 137,164 144,744
EBIT 1 73,473 68,253 87,444 90,122 116,289 127,154 125,847 127,405
Net income 1 49,955 46,342 60,822 61,092 79,139 91,191 90,628 93,927
Net Debt 1 -158,887 -45,839 -75,539 -45,941 -57,978 -136,850 -152,351 -178,703
Reference price 2 1,143.00 1,009.25 2,055.00 1,527.50 1,806.50 2,176.50 2,176.50 2,176.50
Nbr of stocks (in thousands) 1,055,057 1,048,527 1,028,027 1,040,423 1,027,910 1,020,235 - -
Announcement Date 26/04/22 27/04/23 30/04/24 28/04/25 28/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.44x9.1x14.63x3.35% 13.75B
20.46x12.28x17.29x4.68% 87.06B
28.03x7.65x14.07x0.57% 20.84B
63.17x29.75x45.79x0.49% 16.3B
55.01x31.67x43.13x0.95% 7.41B
21.14x7.59x12.56x3.77% 7.32B
38.3x14x39.75x1.63% 4.25B
16.54x-1094.48x-2241.01x - 4.06B
19.4x12.75x13.74x4.1% 3.24B
Average 31.83x -107.74x -226.67x 2.44% 18.25B
Weighted average by Cap. 27.92x -13.51x -34.94x 3.3%

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

  1. Stock Market
  2. Stocks
  3. 8697 Stock
  4. Valuation Japan Exchange Group, Inc.