Company Valuation: Resorttrust, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 222,172 224,499 279,928 307,396 368,517 373,133 - -
Change - 1.05% 24.69% 9.81% 19.88% 1.25% - -
Enterprise Value (EV) 1 242,100 233,765 251,998 281,147 320,061 327,686 327,806 319,585
Change - -3.44% 7.8% 11.57% 13.84% 2.38% 0.04% -2.51%
P/E 38.6x 13.3x 17.7x 15.2x 17.6x 17x 16.5x 13.1x
PBR 2.19x 1.9x 2.17x 2.13x 2.3x 2.15x 2x 1.81x
PEG - 0x -3.15x 0.6x 4.94x 3.53x 4.98x 0.5x
Capitalization / Revenue 1.41x 1.32x 1.39x 1.23x 1.4x 1.42x 1.33x 1.14x
EV / Revenue 1.53x 1.38x 1.25x 1.13x 1.22x 1.24x 1.17x 0.97x
EV / EBITDA 12.2x 10.6x 8.37x 7.79x 8.08x 7.54x 7.44x 6.11x
EV / EBIT 27.9x 19.1x 11.9x 10.7x 11x 10.5x 10.2x 7.91x
EV / FCF 9.53x 13x 9.47x 48.9x 21.7x 28.7x 16x 22.3x
FCF Yield 10.5% 7.69% 10.6% 2.05% 4.6% 3.48% 6.27% 4.48%
Dividend per Share 2 15 22.5 27 31 34 36 39.6 45.2
Rate of return 1.43% 2.13% 2.03% 2.14% 1.96% 2.05% 2.25% 2.57%
EPS 2 27.14 79.48 75.02 95.19 98.58 103.3 106.7 134.5
Distribution rate 55.3% 28.3% 36% 32.6% 34.5% 34.8% 37.1% 33.6%
Net sales 1 157,782 169,830 201,803 249,333 263,020 263,577 281,375 327,802
EBITDA 1 19,841 21,956 30,120 36,075 39,597 43,459 44,086 52,345
EBIT 1 8,693 12,270 21,119 26,365 29,161 31,262 32,115 40,423
Net income 1 5,775 16,906 15,892 20,139 20,912 21,924 22,501 28,287
Net Debt 1 19,928 9,266 -27,930 -26,249 -48,456 -45,447 -45,327 -53,549
Reference price 2 1,046.50 1,054.50 1,327.50 1,451.50 1,735.50 1,757.00 1,757.00 1,757.00
Nbr of stocks (in thousands) 212,300 212,896 210,869 211,778 212,340 212,369 - -
Announcement Date 13/05/22 15/05/23 15/05/24 15/05/25 15/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.01x1.24x7.54x2.05% 2.43B
16.27x2.9x8.26x4.93% 13.12B
13.07x3.13x8.72x3.97% 5.3B
15.62x5.23x10.4x2.5% 5.14B
14.69x2.01x8.3x3.04% 4.46B
18.34x3.84x9.77x1.2% 4.32B
17.52x1.72x7.44x3.45% 2.82B
Average 16.07x 2.87x 8.63x 3.02% 5.37B
Weighted average by Cap. 15.92x 3.06x 8.69x 3.51%

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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