Company Valuation: GSI Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2024 2025 2026
Market Cap 1 2,800 2,816 2,600
Change - 0.57% -7.67%
Enterprise Value (EV) 1 948 1,535 1,299
Change - 61.92% -15.37%
P/E 8.77x 10.7x 6.91x
PBR 1.34x 1.29x 1.07x
PEG - -0.6x 0.2x
Capitalization / Revenue 0.7x 0.66x 0.56x
EV / Revenue 0.24x 0.36x 0.28x
EV / EBITDA 2.15x 3.61x 2.54x
EV / EBIT 2.22x 3.79x 2.63x
EV / FCF - - -
FCF Yield - - -
Dividend per Share 2 53 57 62
Rate of return 3.79% 4.05% 4.77%
EPS 2 159.6 131.5 188
Distribution rate 33.2% 43.3% 33%
Net sales 1 4,022 4,241 4,629
EBITDA 1 440 425 512
EBIT 1 427 405 494
Net income 1 308 263 376
Net Debt 1 -1,852 -1,281 -1,301
Reference price 2 1,400.00 1,408.00 1,300.00
Nbr of stocks (in thousands) 2,000 2,000 2,000
Announcement Date 6/27/24 A 6/27/25 A 6/25/26 A
1JPY in Million2JPY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 15.95M
22.47x3.65x12.74x2.98% 213B
12.82x1.42x7.44x3.75% 106B
-99.09x15.69x90.82x-.--% 98.05B
15.87x2.9x10.97x5.18% 92.42B
22.58x5.8x14.27x2.54% 66.69B
15.13x2.21x9.37x5.16% 48.86B
21.96x1.78x11.22x1.35% 40.7B
18.31x2.35x11.27x4.72% 37.98B
20.58x1.52x9.59x0.92% 37.34B
Average 5.63x 4.15x 19.74x 2.96% 74.14B
Weighted average by Cap. 3.38x 4.65x 21.68x 2.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation GSI Co., Ltd.