Company Valuation: LIXIL Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 665,796 624,928 538,990 496,269 466,092 505,730 - -
Change - -6.14% -13.75% -7.93% -6.08% 8.5% - -
Enterprise Value (EV) 1 1,090,095 1,136,651 1,091,690 1,030,569 997,692 1,068,465 1,066,481 1,068,000
Change - 4.27% -3.96% -5.6% -3.19% 7.09% -0.19% 0.14%
P/E 13.7x 39.2x -38.8x 248x 57.2x 43x 20.3x 17.4x
PBR 1.09x 1x 0.84x 0.8x 0.7x 0.79x 0.79x 0.78x
PEG - -0.6x 0x -2x 0x 1x 0x 1x
Capitalization / Revenue 0.47x 0.42x 0.36x 0.33x 0.31x 0.32x 0.31x 0.31x
EV / Revenue 0.76x 0.76x 0.74x 0.68x 0.66x 0.67x 0.66x 0.66x
EV / EBITDA 7.26x 10.6x 10.4x 9x 8.95x 8.74x 7.68x 7.21x
EV / EBIT 15.7x 45.6x 66.6x 34.7x 35.1x 27.9x 19.9x 17.8x
EV / FCF 11.7x -79.4x 60.3x 28.3x 45.7x 107x 24.8x 27.4x
FCF Yield 8.58% -1.26% 1.66% 3.53% 2.19% 0.94% 4.03% 3.65%
Dividend per Share 2 85 90 90 90 90 90 90 90
Rate of return 3.71% 4.13% 4.79% 5.21% 5.55% 5.12% 5.12% 5.12%
EPS 2 167.2 55.54 -48.43 6.97 28.33 40.89 86.62 101
Distribution rate 50.8% 162% -186% 1,291% 318% 220% 104% 89.1%
Net sales 1 1,428,578 1,495,987 1,483,200 1,504,697 1,510,704 1,583,494 1,622,729 1,617,357
EBITDA 1 150,193 106,803 104,500 114,530 111,486 122,214 138,847 148,217
EBIT 1 69,471 24,903 16,400 29,687 28,403 38,288 53,500 60,157
Net income 1 48,603 15,991 -13,908 2,001 8,143 11,748 24,897 29,024
Net Debt 1 424,299 511,723 552,700 534,300 531,600 562,735 560,750 562,269
Reference price 2 2,290.00 2,177.00 1,877.00 1,727.50 1,621.50 1,758.50 1,758.50 1,758.50
Nbr of stocks (in thousands) 290,740 287,059 287,155 287,276 287,445 287,592 - -
Announcement Date 28/04/22 28/04/23 30/04/24 30/04/25 30/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.78x0.99x6.41x3.11% 43.08B
22.48x2.84x13.89x1.95% 40.89B
16.18x2.21x11.03x1.76% 14.28B
18.76x3.1x12.75x1.31% 13.95B
-24.27x1.49x16.81x3.82% 13.85B
28.12x4.28x15.6x0.94% 7.9B
14.58x0.74x4.77x3.76% 7.61B
19.74x2.96x12.15x0.66% 7.42B
21.37x4.29x12.5x0.8% 7.33B
Average 14.42x 2.54x 11.77x 2.01% 17.37B
Weighted average by Cap. 14.47x 2.22x 11.22x 2.28%

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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