Company Valuation: LIXIL Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 665,796 624,928 538,990 496,269 466,092 481,717 - -
Change - -6.14% -13.75% -7.93% -6.08% 3.35% - -
Enterprise Value (EV) 1 1,090,095 1,136,651 1,091,690 1,030,569 997,692 1,044,451 1,042,467 1,043,986
Change - 4.27% -3.96% -5.6% -3.19% 4.69% -0.19% 0.15%
P/E 13.7x 39.2x -38.8x 248x 57.2x 41x 19.3x 16.6x
PBR 1.09x 1x 0.84x 0.8x 0.7x 0.75x 0.75x 0.74x
PEG - -0.6x 0x -2x 0x 0.9x 0x 1x
Capitalization / Revenue 0.47x 0.42x 0.36x 0.33x 0.31x 0.3x 0.3x 0.3x
EV / Revenue 0.76x 0.76x 0.74x 0.68x 0.66x 0.66x 0.64x 0.65x
EV / EBITDA 7.26x 10.6x 10.4x 9x 8.95x 8.55x 7.51x 7.04x
EV / EBIT 15.7x 45.6x 66.6x 34.7x 35.1x 27.3x 19.5x 17.4x
EV / FCF 11.7x -79.4x 60.3x 28.3x 45.7x 104x 24.2x 26.8x
FCF Yield 8.58% -1.26% 1.66% 3.53% 2.19% 0.96% 4.13% 3.73%
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% 5.37% 5.37% 5.37%
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 1,675.00 1,675.00 1,675.00
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.($)
42.26x0.67x8.67x5.21% 3.16B
22.8x2.87x14.04x1.92% 39.9B
11.89x0.93x6.06x3.34% 39.22B
15.22x2.1x10.47x1.87% 13.43B
17.48x2.91x11.98x1.41% 12.93B
-22.04x1.44x16.25x3.01% 12.57B
27.71x4.21x15.31x0.96% 7.75B
14.98x0.75x4.98x3.71% 7.64B
18.96x2.86x11.65x0.68% 7.16B
20.31x4.09x11.91x0.85% 6.96B
Average 16.96x 2.28x 11.13x 2.3% 15.07B
Weighted average by Cap. 15.06x 2.15x 10.94x 2.34%

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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