Company Valuation: Kaneka Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 231,272 224,812 247,581 239,651 288,782 372,101 - -
Change - -2.79% 10.13% -3.2% 20.5% 28.85% - -
Enterprise Value (EV) 1 317,939 358,887 398,707 417,070 469,122 566,587 579,341 598,002
Change - 12.88% 11.1% 4.61% 12.48% 20.78% 2.25% 3.22%
P/E 8.73x 9.87x 10.7x 9.5x 9.57x 12.2x 11.8x 11x
PBR 0.6x 0.54x 0.54x 0.51x 0.58x 0.75x 0.71x 0.66x
PEG - -0.7x 4.5x 0.8x 0.4x 8.59x 3.92x 1.4x
Capitalization / Revenue 0.33x 0.3x 0.32x 0.3x 0.36x 0.43x 0.42x 0.41x
EV / Revenue 0.46x 0.47x 0.52x 0.52x 0.58x 0.65x 0.65x 0.65x
EV / EBITDA 3.9x 4.81x 5.44x 4.97x 5.84x 6.25x 6.16x 5.92x
EV / EBIT 7.3x 10.2x 12.2x 10.4x 14.3x 13.5x 12.8x 11.8x
EV / FCF -57.9x -27.1x 127x - 19.5x 39.9x 68.1x 81.4x
FCF Yield -1.73% -3.69% 0.79% - 5.12% 2.51% 1.47% 1.23%
Dividend per Share 2 110 110 110 130 160 200 204 223.3
Rate of return 3.1% 3.19% 2.88% 3.41% 3.34% 3.23% 3.3% 3.61%
EPS 2 406 349.6 357.9 400.9 501.3 508.4 523.7 565
Distribution rate 27.1% 31.5% 30.7% 32.4% 31.9% 39.3% 39% 39.5%
Net sales 1 691,530 755,821 762,302 807,200 811,638 865,600 889,720 916,500
EBITDA 1 81,515 74,543 73,358 83,987 80,321 90,661 94,040 100,933
EBIT 1 43,562 35,087 32,579 40,050 32,894 41,889 45,280 50,667
Net income 1 26,487 23,008 23,220 25,309 30,977 30,189 30,649 31,267
Net Debt 1 86,667 134,075 151,126 177,419 180,340 194,485 207,239 225,901
Reference price 2 3,545.00 3,450.00 3,814.00 3,808.00 4,795.00 6,187.00 6,187.00 6,187.00
Nbr of stocks (in thousands) 65,239 65,163 64,914 62,934 60,226 60,142 - -
Announcement Date 5/12/22 A 5/12/23 A 5/14/24 A 5/14/25 A 5/14/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.21x0.66x6.26x3.22% 2.36B
19.77x3.37x9.6x2.07% 68.9B
10.91x0.95x7.84x4.26% 50.7B
49.63x7.91x32.06x1.1% 14.86B
12.5x0.86x6.09x2.84% 13.73B
5.49x0.79x3.15x4.06% 11.03B
11.26x0.74x4.89x2.9% 10.16B
16.22x0.74x8.07x3.01% 10.03B
35.59x1.64x8.67x2.13% 8.69B
28.63x3.85x17.17x0.39% 7.31B
Average 20.22x 2.15x 10.38x 2.6% 19.78B
Weighted average by Cap. 18.76x 2.41x 10.11x 2.77%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Kaneka Corporation

Historical PBR trend

Valuation ratios - PBR - Kaneka Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Kaneka Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Kaneka Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Kaneka Corporation
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