Company Valuation: Shin-Etsu Chemical Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 7,731,342 7,805,404 8,621,051 13,137,294 8,386,023 9,562,955 - -
Change - 0.96% 10.45% 52.39% -36.17% 14.03% - -
Enterprise Value (EV) 1 6,892,214 6,399,725 7,050,213 11,441,884 6,694,426 8,172,815 8,170,812 8,179,172
Change - -7.15% 10.16% 62.29% -41.49% 22.08% -0.02% 0.1%
P/E ratio 26.3x 15.6x 12.3x 25.4x 15.7x 19.4x 17.4x 15.4x
PBR 2.75x 2.35x 2.23x 3.09x 1.78x 2.14x 2.04x 1.94x
PEG - 0.2x 0.3x -1x 4.03x -8.09x 1.6x 1.2x
Capitalization / Revenue 5.16x 3.76x 3.07x 5.44x 3.27x 3.74x 3.53x 3.35x
EV / Revenue 4.6x 3.09x 2.51x 4.74x 2.61x 3.19x 3.01x 2.86x
EV / EBITDA 12.9x 7.57x 5.82x 12.3x 6.83x 8.99x 8.16x 7.48x
EV / EBIT 17.6x 9.46x 7.06x 16.3x 9.02x 12.3x 11.2x 10.2x
EV / FCF 40x 21.3x 11.7x 32.9x 15.1x 21.1x 17.6x 18.3x
FCF Yield 2.5% 4.68% 8.53% 3.04% 6.61% 4.73% 5.68% 5.47%
Dividend per Share 2 50 80 100 100 106 107.5 120.2 135.7
Rate of return 1.34% 2.13% 2.34% 1.52% 2.5% 2.11% 2.36% 2.66%
EPS 2 141.4 240.8 347.8 259.4 269.5 263.1 292.6 330.4
Distribution rate 35.4% 33.2% 28.7% 38.5% 39.3% 40.9% 41.1% 41.1%
Net sales 1 1,496,906 2,074,428 2,808,824 2,414,937 2,561,249 2,559,726 2,711,499 2,856,391
EBITDA 1 536,020 845,110 1,211,834 928,657 980,462 909,421 1,001,140 1,093,176
EBIT 1 392,213 676,322 998,202 701,038 742,105 662,523 729,546 803,006
Net income 1 293,732 500,117 708,238 520,140 534,021 496,152 537,304 589,077
Net Debt 1 -839,128 -1,405,679 -1,570,838 -1,695,410 -1,691,597 -1,390,140 -1,392,143 -1,383,783
Reference price 2 3,722.00 3,758.00 4,275.00 6,584.00 4,236.00 5,104.00 5,104.00 5,104.00
Nbr of stocks (in thousands) 2,077,201 2,077,010 2,016,620 1,995,336 1,979,703 1,873,620 - -
Announcement Date 28/04/21 27/04/22 27/04/23 25/04/24 25/04/25 - - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.4x3.19x8.99x2.11% 60.91B
24.75x1.02x9.25x4.66% 50.12B
62.4x10.21x42.92x0.9% 16.73B
16.47x1x7.33x2.39% 14.65B
45.38x5.61x25.36x0.29% 9.5B
20.11x0.69x8x3.37% 9.48B
32.05x1.55x7.85x2.08% 9.22B
11.16x0.74x6.5x3.02% 9.15B
19.87x0.79x6.28x2.24% 5.58B
17.05x1.11x8.82x3.1% 5.53B
Average 26.86x 2.59x 13.13x 2.42% 19.09B
Weighted average by Cap. 25.84x 2.74x 12.41x 2.74%
See all sector valuations

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. Equities
  3. 4063 Stock
  4. Valuation Shin-Etsu Chemical Co., Ltd.