Company Valuation: BASE,Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 68,655 26,601 28,103 37,629 36,716 33,741 - -
Change - -61.25% 5.65% 33.9% -2.43% -8.1% - -
Enterprise Value (EV) 44,602 4,191 5,876 12,626 10,745 33,741 33,741 33,741
Change - -90.6% 40.2% 114.86% -14.9% 214.02% 0% 0%
P/E -57x -15.3x -46x 111x 20.1x 17x 13.4x 10.7x
PBR 4.55x 1.99x 2.16x 2.81x 2.51x 2.19x 2.06x 1.88x
PEG - -0.4x 0.7x -1x 0x 2.03x 0.5x 0.4x
Capitalization / Revenue 6.91x 2.73x 2.41x 2.35x 1.77x 1.22x 1.09x 0.97x
EV / Revenue 0x 0x 0x 0x 0x 1.22x 1.09x 0.97x
EV / EBITDA -0x -0x -0x 0x - 13.6x 10.9x 8.63x
EV / EBIT -0x -0x -0x 0x 0x 13.9x 11.1x 8.74x
EV / FCF 0x -0x -0x 0x 0x 4.63x 6.75x 5.52x
FCF Yield 2.57% -6.51% -0.48% 9.65% 8.86% 21.6% 14.8% 18.1%
Dividend per Share 2 - - - - 5 5 5 5
Rate of return - - - - 1.57% 1.71% 1.71% 1.71%
EPS 2 -10.8 -15.46 -5.31 2.94 15.87 17.2 21.9 27.3
Distribution rate - - - - 31.5% 29.1% 22.8% 18.3%
Net sales 1 9,931 9,739 11,680 15,981 20,729 27,600 31,000 34,900
EBITDA 1 -932 -1,459 -423 803 - 2,480 3,100 3,910
EBIT 1 -977 -1,508 -425 772 1,686 2,430 3,050 3,860
Net income 1 -1,194 -1,732 -606 340 1,826 1,930 2,450 3,060
Net Debt -24,053 -22,410 -22,227 -25,003 -25,971 - - -
Reference price 2 616.00 236.00 244.00 325.00 319.00 293.00 293.00 293.00
Nbr of stocks (in thousands) 111,453 112,718 115,178 115,782 115,096 115,157 - -
Announcement Date 2/9/22 A 2/8/23 A 2/8/24 A 2/14/25 A 2/12/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.45x4.22x9.84x1.33% 527B
20.44x6.05x18.17x-.--% 309B
24.62x2.62x13.54x-.--% 152B
4.92x106.94x3.87x0.11% 124B
32.75x3.99x26.22x-.--% 98.65B
10.94x8.31x95.04x0.64% 95.75B
29.23x5.56x15.69x-.--% 88.21B
75.26x4.42x21.6x-.--% 83.58B
7.56x2.96x45.51x0.69% 39.79B
Average 24.57x 16.12x 27.72x 0.31% 168.58B
Weighted average by Cap. 21.25x 13.10x 19.79x 0.53%

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