Company Valuation: SMC Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 4,498,029 4,504,091 5,444,322 3,382,361 3,780,140 4,496,375 - -
Change - 0.13% 20.88% -37.87% 11.76% 18.95% - -
Enterprise Value (EV) 1 3,812,519 3,892,781 4,946,102 2,731,623 3,121,362 3,798,644 3,742,882 3,659,096
Change - 2.11% 27.06% -44.77% 14.27% 21.7% -1.47% -2.24%
P/E 23.5x 20.3x 30.7x 21.7x 22.7x 21.6x 20.4x 19.7x
PBR 2.89x 2.65x 2.89x 1.75x 1.79x 2.06x 1.95x 1.83x
PEG - 1.1x -1.6x -1.9x 2.84x 0.8x 3.41x 5.8x
Capitalization / Revenue 6.18x 5.46x 7.01x 4.27x 4.49x 4.31x 3.96x 3.83x
EV / Revenue 5.24x 4.72x 6.37x 3.45x 3.7x 3.64x 3.3x 3.12x
EV / EBITDA 15.3x 13.7x 21.5x 12.2x 13.3x 11.5x 10.8x 10.2x
EV / EBIT 16.7x 15.1x 25.2x 14.4x 16.4x 14.5x 13.4x 12.8x
EV / FCF 95.6x 268x -147x 11.8x 38.3x 33.1x 23.2x 23.1x
FCF Yield 1.05% 0.37% -0.68% 8.49% 2.61% 3.03% 4.3% 4.33%
Dividend per Share 2 750 900 950 1,000 1,000 1,072 1,179 1,241
Rate of return 1.09% 1.29% 1.12% 1.88% 1.67% 1.5% 1.65% 1.74%
EPS 2 2,924 3,445 2,767 2,445 2,640 3,314 3,512 3,631
Distribution rate 25.7% 26.1% 34.3% 40.9% 37.9% 32.4% 33.6% 34.2%
Net sales 1 727,397 824,772 776,873 792,108 842,500 1,043,676 1,135,024 1,173,914
EBITDA 1 248,414 283,967 229,581 224,552 235,300 330,248 346,642 357,059
EBIT 1 227,857 258,200 196,226 190,244 190,500 261,249 280,317 286,805
Net income 1 192,991 224,609 178,321 156,344 167,300 208,479 220,431 226,732
Net Debt 1 -685,510 -611,310 -498,220 -650,738 -658,778 -697,731 -753,493 -837,279
Reference price 2 68,840.00 69,830.00 84,830.00 53,070.00 59,870.00 71,520.00 71,520.00 71,520.00
Nbr of stocks (in thousands) 65,340 64,501 64,179 63,734 63,139 62,869 - -
Announcement Date 13/05/22 15/05/23 14/05/24 14/05/25 14/05/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.58x3.64x11.5x1.5% 28.21B
33.27x5.69x20.75x0.76% 131B
27.39x5.05x17.6x2.2% 35.27B
22.02x1.89x13.51x2.12% 32.03B
31.56x4.19x15.84x0.11% 31.03B
22.6x3.28x14.12x1.04% 27.56B
24.71x3.01x12.97x1.53% 26.48B
26.87x3.37x16.48x1.68% 25.02B
94.89x35.85x78.19x0.4% 24.72B
Average 33.88x 7.33x 22.33x 1.26% 40.15B
Weighted average by Cap. 32.97x 6.53x 21.22x 1.14%

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. Stocks
  3. 6273 Stock
  4. Valuation SMC Corporation