Company Valuation: Denka Company Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 293,345 235,838 202,215 184,201 304,374 287,651 - -
Change - -19.6% -14.26% -8.91% 65.24% -5.49% - -
Enterprise Value (EV) 1 410,166 385,368 341,197 364,878 490,817 500,539 502,479 502,617
Change - -6.05% -11.46% 6.94% 34.52% 1.98% 0.39% 0.03%
P/E 11.3x 18.5x 16.9x -15x 19.4x 15.8x 12.3x 10.7x
PBR 1.02x 0.8x 0.66x 0.62x 0.98x 0.9x 0.86x 0.82x
PEG - -0.4x -2.64x 0x -0x 1x 0.4x 0.7x
Capitalization / Revenue 0.76x 0.58x 0.52x 0.46x 0.79x 0.66x 0.64x 0.61x
EV / Revenue 1.07x 0.95x 0.88x 0.91x 1.28x 1.15x 1.12x 1.06x
EV / EBITDA 6.41x 6.49x 8.47x 8.63x 8.86x 7.5x 6.85x 6.37x
EV / EBIT 10.2x 11.9x 25.5x 25.3x 18.7x 14.6x 12.4x 11.2x
EV / FCF 70.8x -19.9x 24.9x -8.91x - -67.9x 25.8x 22.7x
FCF Yield 1.41% -5.01% 4.01% -11.2% - -1.47% 3.87% 4.4%
Dividend per Share 2 145 100 100 100 100 102.5 125 139.2
Rate of return 4.26% 3.66% 4.26% 4.68% 2.83% 3.07% 3.75% 4.17%
EPS 2 301.7 148.1 138.6 -142.7 182.1 211.3 271.7 310.7
Distribution rate 48.1% 67.5% 72.1% -70.1% 54.9% 48.5% 46% 44.8%
Net sales 1 384,849 407,559 389,263 400,251 384,247 434,038 449,888 472,333
EBITDA 1 64,005 59,364 40,295 42,270 55,390 66,729 73,309 78,903
EBIT 1 40,123 32,324 13,376 14,413 26,225 34,188 40,575 44,950
Net income 1 26,012 12,768 11,947 -12,300 15,695 18,150 23,350 26,617
Net Debt 1 116,821 149,530 138,982 180,677 186,443 212,888 214,827 214,966
Reference price 2 3,400.00 2,735.00 2,346.50 2,137.50 3,531.00 3,337.00 3,337.00 3,337.00
Nbr of stocks (in thousands) 86,278 86,230 86,177 86,176 86,201 86,201 - -
Announcement Date 5/11/22 A 5/11/23 A 5/10/24 A 5/13/25 A 5/13/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.77x1.15x7.49x3.08% 1.82B
29.9x6.86x17.53x1.31% 226B
27.35x4.25x13.68x2.13% 121B
28.76x3.51x18x1% 77.51B
21.26x6.85x33.88x3.2% 73.09B
82.93x6.23x14.48x2.57% 62.57B
62.84x1.29x8.5x6.33% 37.28B
10.99x1.17x6.34x3.02% 32.17B
9.04x3.03x7.11x4.67% 24.36B
44.14x5.65x30.05x1.29% 24.12B
Average 33.30x 4.00x 15.71x 2.86% 68B
Weighted average by Cap. 33.90x 5.18x 17.39x 2.22%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Denka Company Limited

Historical PBR trend

Valuation ratios - PBR - Denka Company Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Denka Company Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Denka Company Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Denka Company Limited
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