Company Valuation: Estic Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 7,548 11,886 10,849 8,337 9,212 8,972
Change - 57.47% -8.73% -23.15% 10.49% -2.6%
Enterprise Value (EV) 1 7,009 10,682 8,827 6,162 7,699 5,646
Change - 52.4% -17.37% -30.19% 24.94% -26.66%
P/E Ratio 6.61x 16.3x 13.2x 7.72x 8.13x 7.59x
PBR 1.26x 1.84x 1.5x 1.01x 1x 0.86x
PEG - -0.5x 1.1x 0.2x 1.66x 1.84x
Capitalization / Revenue 1.11x 2.25x 1.89x 1.24x 1.29x 1.14x
EV / Revenue 1.03x 2.02x 1.53x 0.92x 1.08x 0.72x
EV / EBITDA 3.69x 8.88x 7.13x 3.85x 4.69x 3.1x
EV / EBIT 3.96x 10.1x 7.87x 4.15x 5.17x 3.45x
EV / FCF 11.8x 13.3x 11.1x 33x -11.5x 3.31x
FCF Yield 8.47% 7.54% 9.01% 3.03% -8.67% 30.2%
Dividend per Share 2 24.25 15.25 - 23 25 28
Rate of return 3.19% 1.27% - 2.74% 2.7% 3.11%
EPS 2 115.2 73.52 82.64 108.6 113.9 118.6
Distribution rate 21.1% 20.7% - 21.2% 21.9% 23.6%
Net sales 1 6,773 5,294 5,754 6,718 7,127 7,881
EBITDA 1 1,899 1,203 1,238 1,600 1,640 1,824
EBIT 1 1,772 1,056 1,121 1,484 1,490 1,638
Net income 1 1,193 729 820 1,079 1,133 1,181
Net Debt 1 -539 -1,204 -2,022 -2,175 -1,513 -3,326
Reference price 2 761.25 1,198.75 1,093.00 839.00 926.00 901.00
Nbr of stocks (in thousands) 9,916 9,916 9,926 9,937 9,948 9,958
Announcement Date 6/18/20 A 6/17/21 A 6/17/22 A 6/19/23 A 6/19/24 A 6/19/25 A
1JPY in Million2JPY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 64.23M
33.76x5.81x21.61x0.8% 116B
42.62x7.32x27.41x1.43% 42.79B
24.33x3.56x15.34x0.96% 29.72B
31.85x4.11x15.17x0.11% 30.04B
20.49x1.69x12.48x2.36% 29.05B
24.35x2.92x12.73x1.55% 26.38B
27.74x4.56x16.31x1.44% 27.65B
24.76x3.19x15.22x1.84% 23.29B
Average 28.74x 4.15x 17.03x 1.31% 36.09B
Weighted average by Cap. 30.78x 4.75x 18.76x 1.16%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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