Company Valuation: LIXIL Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 665,796 624,928 538,990 496,269 466,092 496,096 - -
Change - -6.14% -13.75% -7.93% -6.08% 6.44% - -
Enterprise Value (EV) 1 1,090,095 1,136,651 1,091,690 1,030,569 997,692 1,058,831 1,056,847 1,058,365
Change - 4.27% -3.96% -5.6% -3.19% 6.13% -0.19% 0.14%
P/E 13.7x 39.2x -38.8x 248x 57.2x 42.2x 19.9x 17.1x
PBR 1.09x 1x 0.84x 0.8x 0.7x 0.77x 0.77x 0.76x
PEG - -0.6x 0x -2x 0x 1x 0x 1x
Capitalization / Revenue 0.47x 0.42x 0.36x 0.33x 0.31x 0.31x 0.31x 0.31x
EV / Revenue 0.76x 0.76x 0.74x 0.68x 0.66x 0.67x 0.65x 0.65x
EV / EBITDA 7.26x 10.6x 10.4x 9x 8.95x 8.66x 7.61x 7.14x
EV / EBIT 15.7x 45.6x 66.6x 34.7x 35.1x 27.7x 19.8x 17.6x
EV / FCF 11.7x -79.4x 60.3x 28.3x 45.7x 106x 24.6x 27.2x
FCF Yield 8.58% -1.26% 1.66% 3.53% 2.19% 0.94% 4.07% 3.68%
Dividend per Share 2 85 90 90 90 90 90 90 90
Rate of return 3.71% 4.13% 4.79% 5.21% 5.55% 5.22% 5.22% 5.22%
EPS 2 167.2 55.54 -48.43 6.97 28.33 40.89 86.62 101
Distribution rate 50.8% 162% -186% 1,291% 318% 220% 104% 89.1%
Net sales 1 1,428,578 1,495,987 1,483,200 1,504,697 1,510,704 1,583,494 1,622,729 1,617,357
EBITDA 1 150,193 106,803 104,500 114,530 111,486 122,214 138,847 148,217
EBIT 1 69,471 24,903 16,400 29,687 28,403 38,288 53,500 60,157
Net income 1 48,603 15,991 -13,908 2,001 8,143 11,748 24,897 29,024
Net Debt 1 424,299 511,723 552,700 534,300 531,600 562,735 560,750 562,269
Reference price 2 2,290.00 2,177.00 1,877.00 1,727.50 1,621.50 1,725.00 1,725.00 1,725.00
Nbr of stocks (in thousands) 290,740 287,059 287,155 287,276 287,445 287,592 - -
Announcement Date 4/28/22 A 4/28/23 A 4/30/24 A 4/30/25 A 4/30/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.77x2.86x14.02x1.93% 40.03B
11.91x0.93x6.07x3.34% 39.37B
15.17x2.09x10.45x1.88% 13.39B
-22.33x1.45x16.36x2.97% 12.74B
17.35x2.89x11.91x1.42% 12.84B
27.74x4.21x15.33x0.96% 7.76B
14.94x0.75x4.97x3.72% 7.57B
18.98x2.86x11.66x0.68% 7.17B
20.22x4.07x11.85x0.85% 6.93B
Average 14.08x 2.46x 11.40x 1.97% 16.42B
Weighted average by Cap. 14.39x 2.18x 10.99x 2.27%

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