Company Valuation: Earth Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 135,232 111,643 101,120 121,955 108,473 104,540 - -
Change - -17.44% -9.42% 20.6% -11.05% -3.63% - -
Enterprise Value (EV) 1 117,903 99,071 93,615 109,948 92,865 86,278 84,914 83,183
Change - -15.97% -5.51% 17.45% -15.54% -7.09% -1.58% -2.04%
P/E 18.9x 21x 24.6x 35.4x 20.7x 17.2x 16x 15x
PBR 2.25x 1.78x 1.52x 1.77x 1.45x 1.34x 1.29x 1.23x
PEG - -0.8x -1.1x -2.4x 0.4x 1.1x 2.06x 2.36x
Capitalization / Revenue 0.66x 0.73x 0.64x 0.72x 0.61x 0.55x 0.54x 0.52x
EV / Revenue 0.58x 0.65x 0.59x 0.65x 0.52x 0.46x 0.44x 0.41x
EV / EBITDA 8.3x 8.78x 8.93x 10.1x 7.23x 6.41x 5.96x 5.57x
EV / EBIT 11.1x 13.3x 14.7x 17.1x 11.5x 9.55x 8.75x 8.05x
EV / FCF 74x -41.9x 114x 11.9x 14.9x 14x 15.2x 13.6x
FCF Yield 1.35% -2.39% 0.88% 8.42% 6.72% 7.14% 6.58% 7.36%
Dividend per Share 2 118 118 118 120 125 130 133.3 139
Rate of return 1.92% 2.33% 2.58% 2.14% 2.52% 2.72% 2.79% 2.9%
EPS 2 323.8 240.5 185.6 158.3 240 277.6 299.2 318.2
Distribution rate 36.4% 49.1% 63.6% 75.8% 52.1% 46.8% 44.6% 43.7%
Net sales 1 203,785 152,339 158,344 169,278 179,182 188,600 194,633 200,700
EBITDA 1 14,203 11,286 10,488 10,849 12,841 13,462 14,247 14,947
EBIT 1 10,667 7,434 6,370 6,425 8,087 9,033 9,700 10,333
Net income 1 7,142 5,303 4,102 3,475 5,238 6,072 6,544 6,960
Net Debt 1 -17,329 -12,572 -7,505 -12,007 -15,608 -18,263 -19,627 -21,357
Reference price 2 6,130.00 5,060.00 4,570.00 5,600.00 4,965.00 4,785.00 4,785.00 4,785.00
Nbr of stocks (in thousands) 22,061 22,064 22,127 21,778 21,848 21,847 - -
Announcement Date 2/14/22 A 2/13/23 A 2/13/24 A 2/13/25 A 2/13/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.24x0.46x6.41x2.72% 648M
16.96x3.18x11.43x4.24% 43.36B
26.43x4.09x17.54x1.26% 23.36B
19.19x2.45x13.27x5.14% 11.76B
16.91x1.89x10.62x3.37% 5.73B
15.63x1.96x11.54x9.44% 3.81B
41.06x5.05x28.12x - 3.31B
18.6x0.88x6.72x1.97% 2.95B
Average 21.50x 2.50x 13.21x 4.02% 11.87B
Weighted average by Cap. 20.40x 3.16x 13.52x 3.67%

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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