Company Valuation: Inpex Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,389,291 1,823,168 2,396,325 2,359,995 3,667,424 4,614,013 - -
Change - 31.23% 31.44% -1.52% 55.4% 25.81% - -
Enterprise Value (EV) 1 2,367,740 2,865,586 3,380,591 3,182,231 4,743,762 5,917,648 5,769,087 5,702,277
Change - 21.03% 17.97% -5.87% 49.07% 24.75% -2.51% -1.16%
P/E 6.51x 4.35x 6.63x 5.71x 9.45x 8.66x 9.23x 9.69x
PBR 0.44x 0.48x 0.58x 0.49x 0.77x 0.9x 0.84x 0.78x
PEG - 0x -0.6x 0.3x -2.25x 0.2x -1.51x -2.02x
Capitalization / Revenue 1.12x 0.78x 1.11x 1.04x 1.82x 2.04x 2.07x 2.16x
EV / Revenue 1.9x 1.23x 1.56x 1.4x 2.36x 2.61x 2.59x 2.67x
EV / EBITDA 2.98x 1.86x 2.46x 1.95x 3.19x 3.55x 3.46x 3.84x
EV / EBIT 4.01x 2.3x 3.01x 2.5x 4.18x 4.16x 4.31x 4.62x
EV / FCF 8.64x 12.7x 5.92x 9x 189x 18.7x 22.3x 26.7x
FCF Yield 11.6% 7.88% 16.9% 11.1% 0.53% 5.36% 4.48% 3.74%
Dividend per Share 2 48 62 74 86 100 112.8 118.8 123.4
Rate of return 4.79% 4.44% 3.89% 4.36% 3.2% 2.84% 2.99% 3.11%
EPS 2 153.9 320.7 287 345.3 330.8 458.3 430.3 409.7
Distribution rate 31.2% 19.3% 25.8% 24.9% 30.2% 24.6% 27.6% 30.1%
Net sales 1 1,244,369 2,324,660 2,165,702 2,265,837 2,011,351 2,263,733 2,227,787 2,137,206
EBITDA 1 793,841 1,538,968 1,374,129 1,631,019 1,486,812 1,666,520 1,669,312 1,485,702
EBIT 1 590,657 1,246,408 1,121,844 1,271,789 1,135,440 1,422,964 1,339,369 1,233,091
Net income 1 223,048 438,276 371,531 427,344 393,836 526,201 486,191 456,109
Net Debt 1 978,449 1,042,418 984,266 822,236 1,076,338 1,303,635 1,155,074 1,088,264
Reference price 2 1,002.00 1,396.00 1,904.50 1,970.50 3,127.00 3,970.00 3,970.00 3,970.00
Nbr of stocks (in thousands) 1,386,518 1,305,994 1,258,244 1,197,663 1,172,825 1,162,220 - -
Announcement Date 2/9/22 A 2/9/23 A 2/13/24 A 2/13/25 A 2/12/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.2x2.66x5.74x2.23% 182B
12.79x3.5x6.63x3.22% 114B
9.07x2.95x4.87x2.51% 85.85B
16.31x3.79x10.05x5.73% 65.16B
7x2.52x3.91x1.67% 64.05B
8.14x1.42x4.43x1.87% 61.22B
16.49x2.05x10.48x4.47% 60.75B
9.57x2.62x5.08x2.15% 59.38B
10.84x3.44x4.84x2.1% 58B
Average 11.49x 2.77x 6.23x 2.88% 83.31B
Weighted average by Cap. 11.79x 2.81x 6.15x 2.8%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Inpex Corporation

Historical PBR trend

Valuation ratios - PBR - Inpex Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Inpex Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Inpex Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Inpex Corporation