Company Valuation: EXEO Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 250,795 256,963 340,585 347,943 545,567 531,615 - -
Change - 2.46% 32.54% 2.16% 56.8% -2.56% - -
Enterprise Value (EV) 1 273,947 317,627 394,721 437,122 641,089 635,468 602,648 625,106
Change - 15.94% 24.27% 10.74% 46.66% -0.88% -5.16% 3.73%
P/E 9.02x 11.7x 17.1x 13x 17.7x 14.1x 13.4x 12.9x
PBR 0.82x 0.85x 1.09x 1.08x 1.59x 1.49x 1.41x 1.34x
PEG - -0.6x -2.27x 0.4x 1x 0.6x 2.48x 3.33x
Capitalization / Revenue 0.42x 0.41x 0.55x 0.52x 0.69x 0.7x 0.68x 0.66x
EV / Revenue 0.46x 0.51x 0.64x 0.65x 0.81x 0.83x 0.78x 0.77x
EV / EBITDA 5.5x 7.7x 8.92x 7.67x 9.41x 8.92x 8x 8.33x
EV / EBIT 6.46x 9.76x 11.6x 10.3x 12.3x 10.8x 9.8x 9.64x
EV / FCF 45.5x -40.5x 13.9x -37.7x 35.1x 19.8x 19.5x 19.6x
FCF Yield 2.2% -2.47% 7.17% -2.65% 2.85% 5.06% 5.12% 5.1%
Dividend per Share 2 48 51 60 63 68 81.25 83.4 89.33
Rate of return 4.25% 4.26% 3.71% 3.75% 2.55% 3.11% 3.19% 3.41%
EPS 2 125.3 102.5 94.76 129 151.1 185.9 195.9 203.5
Distribution rate 38.3% 49.8% 63.3% 48.8% 45% 43.7% 42.6% 43.9%
Net sales 1 594,840 627,607 614,095 670,822 787,715 761,400 776,100 807,567
EBITDA 1 49,794 41,252 44,263 56,979 68,140 71,250 75,300 75,000
EBIT 1 42,380 32,552 34,121 42,465 52,016 58,700 61,500 64,833
Net income 1 27,766 22,233 20,058 26,855 31,031 37,720 39,300 40,133
Net Debt 1 23,152 60,664 54,136 89,179 95,522 103,853 71,033 93,491
Reference price 2 1,130.50 1,198.50 1,619.00 1,680.00 2,668.50 2,616.00 2,616.00 2,616.00
Nbr of stocks (in thousands) 221,845 214,404 210,367 207,109 204,447 203,217 - -
Announcement Date 5/13/22 A 5/12/23 A 5/10/24 A 5/9/25 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.($)
14.07x0.83x8.92x3.11% 3.38B
56.12x2.59x24.69x0.07% 97.59B
12.25x1.05x5.75x4.77% 70.29B
34.15x4.3x23.32x0.2% 58.29B
26.07x2.01x19.74x1.13% 55.68B
50.74x4.04x25.56x1.91% 39.91B
27.22x0.68x11.26x2.27% 34.06B
23.27x1.59x14.65x0.2% 33.62B
21.79x0.43x6.88x2.79% 29.56B
4.92x0.31x5.78x5.98% 26.22B
Average 27.06x 1.78x 14.65x 2.24% 44.86B
Weighted average by Cap. 31.95x 2.12x 16.84x 1.84%

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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