Valuation Japan Tobacco Inc.

Equities

2914

JP3726800000

Tobacco

Delayed Japan Exchange Other stock markets 05:14:32 17/06/2025 BST			5-day change	1st Jan Change
4,353.00 ^JPY	-0.16%		-0.25%	+6.72%

06-04	Japan's Nikkei surges as trade optimism lifts tech; Toyota Industries plunges	RE
05-27	Japan Tobacco may consider US manufacturing of Ploom devices, executive says	RE

Company Valuation: Japan Tobacco Inc.

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	3,729,458	4,121,325	4,722,880	6,470,988	7,244,406	7,741,024	-	-
Change	-	10.51%	14.6%	37.01%	11.95%	6.86%	-	-
Enterprise Value (EV) ¹	4,208,419	4,318,216	4,814,306	6,573,041	7,707,959	8,269,715	8,219,237	8,078,872
Change	-	2.61%	11.49%	36.53%	17.27%	7.29%	-0.61%	-1.71%
P/E ratio	12x	12.2x	10.7x	13.4x	15.6x	16x	14.7x	13.5x
PBR	1.48x	1.47x	1.33x	1.69x	1.92x	1.97x	1.89x	1.81x
PEG	-	1.34x	0.3x	1.5x	-3.96x	3.67x	1.67x	1.48x
Capitalization / Revenue	1.78x	1.77x	1.78x	2.28x	2.3x	2.31x	2.22x	2.13x
EV / Revenue	2.01x	1.86x	1.81x	2.31x	2.45x	2.47x	2.36x	2.23x
EV / EBITDA	6.49x	6.29x	5.64x	7.71x	8.79x	9.06x	8.53x	7.9x
EV / EBIT	8.97x	8.65x	7.37x	9.78x	11.1x	11.3x	10.5x	9.51x
EV / FCF	10.2x	8.61x	12.6x	14.9x	-	16.5x	14.8x	13.6x
FCF Yield	9.77%	11.6%	7.93%	6.72%	-	6.06%	6.75%	7.35%
Dividend per Share ²	154	140	188	194	194	201.1	216.9	235.5
Rate of return	7.33%	6.03%	7.07%	5.32%	4.75%	4.61%	4.98%	5.4%
EPS ²	174.9	190.8	249.4	271.7	261	272.4	296.3	323.2
Distribution rate	88.1%	73.4%	75.4%	71.4%	74.3%	73.8%	73.2%	72.9%
Net sales ¹	2,092,561	2,324,838	2,657,832	2,841,077	3,149,759	3,346,386	3,480,339	3,625,942
EBITDA ¹	648,708	686,078	853,226	852,062	877,040	912,912	963,700	1,022,319
EBIT ¹	469,054	499,021	653,575	672,410	697,203	732,452	785,451	849,700
Net income ¹	310,253	338,490	442,716	482,288	463,369	481,324	524,587	571,235
Net Debt ¹	478,961	196,891	91,426	102,053	463,553	528,691	478,213	337,847
Reference price ²	2,102.00	2,322.50	2,661.00	3,645.00	4,080.00	4,360.00	4,360.00	4,360.00
Nbr of stocks (in thousands)	1,774,243	1,774,521	1,774,851	1,775,305	1,775,590	1,775,464	-	-
Announcement Date	09/02/21	14/02/22	14/02/23	13/02/24	13/02/25	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
JAPAN TOBACCO INC.	15.92x	2.46x	9.01x	4.64%	53.47B
ALTRIA GROUP, INC.	12.15x	6.15x	9.83x	6.99%	101B
ITC LIMITED	25.69x	6.98x	19.81x	3.49%	60.16B
KT&G CORPORATION	12.89x	1.86x	7.43x	4.56%	9.44B
PT HANJAYA MANDALA SAMPOERNA TBK	9.6x	0.56x	6.91x	9.82%	4.39B
RLX TECHNOLOGY INC.	18.6x	3.35x	25.66x	0.52%	2.62B
EASTERN COMPANY S.A.E	7.79x	2.16x	6.28x	11.14%	1.82B
BRITISH AMERICAN TOBACCO BANGLADESH COMPANY LIMITED	11.02x	-	-	11.8%	1.21B
PT GUDANG GARAM TBK	13.31x	0.17x	2.65x	12.21%	1.15B
Average	14.11x	2.96x	10.95x	7.24%	26.11B
Weighted average by Cap.	16.49x	5.15x	12.17x	5.52%