Company Valuation: IDEC Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 74,634 100,287 79,439 72,000 87,463 113,225 - -
Change - 34.37% -20.79% -9.36% 21.48% 29.45% - -
Enterprise Value (EV) 82,225 107,366 87,051 77,332 96,654 113,225 113,225 113,225
Change - 30.58% -18.92% -11.17% 24.99% 17.14% 0% 0%
P/E 9.74x 9.86x 18x 40.5x 22.6x 12.8x 12.7x 11.7x
PBR 1.53x 1.72x 1.21x 1.14x 1.26x - - -
PEG - 0.3x -0.3x -0.7x 0x 0x 11.15x 1.39x
Capitalization / Revenue 1.05x 1.2x 1.09x 1.07x 1.2x 1.27x 1.14x 1.16x
EV / Revenue 0x 0x 0x 0x 0x 1.27x 1.14x 1.16x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.3x 8.71x 7.92x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 100 130 130 130 130 130 135 150
Rate of return 3.89% 3.78% 4.81% 5.32% 4.39% 3.4% 3.53% 3.93%
EPS 2 264.1 348.4 150.1 60.36 131.2 298.6 302 327.3
Distribution rate 37.9% 37.3% 86.6% 215% 99.1% 43.5% 44.7% 45.8%
Net sales 1 70,789 83,869 72,711 67,380 72,967 89,400 99,400 98,000
EBITDA 13,833 18,491 10,193 8,732 - - - -
EBIT 1 9,672 14,060 6,276 3,652 6,118 11,000 13,000 14,300
Net income 1 7,896 10,144 4,407 1,778 3,873 8,850 8,950 9,700
Net Debt 7,591 7,079 7,612 5,332 9,191 - - -
Reference price 2 2,573.00 3,435.00 2,701.00 2,442.00 2,962.00 3,820.00 3,820.00 3,820.00
Nbr of stocks (in thousands) 29,007 29,196 29,411 29,484 29,528 29,640 - -
Announcement Date 5/13/22 A 5/12/23 A 5/10/24 A 5/15/25 A 5/14/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.8x - - 3.4% 718M
25.49x3.02x16.47x2.03% 239B
14.05x1.73x7.84x3.64% 203B
31.8x4.07x18.77x1.53% 192B
38.81x5.73x24.05x1.01% 169B
46x6.17x27.61x1.08% 154B
30.69x4.41x21.61x0.88% 102B
93.76x11.62x66.36x0.33% 96.97B
41.74x6.86x27.54x0.1% 97.09B
32.65x4.05x21.73x1.03% 94.64B
Average 36.78x 5.30x 25.77x 1.5% 134.84B
Weighted average by Cap. 35.64x 4.75x 22.86x 1.55%

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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  4. Valuation IDEC Corporation