Company Valuation: Otsuka Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,040,911 787,793 1,102,150 1,368,537 1,225,578 1,630,565 - -
Change - -24.32% 39.9% 24.17% -10.45% 33.04% - -
Enterprise Value (EV) 1 844,195 593,018 880,762 1,147,262 980,702 1,369,899 1,339,786 1,309,125
Change - -29.75% 48.52% 30.26% -14.52% 39.69% -2.2% -2.29%
P/E 26.1x 19.7x 23.2x 25.6x 19.1x 24.2x 22.4x 20.5x
PBR 3.48x 2.47x 3.21x 3.69x 3.11x 3.78x 3.47x 3.21x
PEG - 82.97x 1.3x 2x 0.9x 5x 2.79x 2.27x
Capitalization / Revenue 1.22x 0.91x 1.13x 1.24x 0.93x 1.16x 1.1x 1.04x
EV / Revenue 0.99x 0.69x 0.9x 1.04x 0.74x 0.97x 0.9x 0.83x
EV / EBITDA 13.2x 9.4x 12.4x 13.9x 9.88x 12.9x 11.9x 10.8x
EV / EBIT 15.1x 10.8x 14x 15.4x 10.9x 14.3x 13x 11.7x
EV / FCF 18x 26.8x 17.6x 44.5x 13.7x 25.4x 20.9x 18.4x
FCF Yield 5.57% 3.73% 5.7% 2.25% 7.32% 3.94% 4.77% 5.44%
Dividend per Share 2 60 62.5 67.5 80 90 105 113.4 123.8
Rate of return 2.19% 3.01% 2.32% 2.22% 2.78% 2.44% 2.64% 2.88%
EPS 2 105.3 105.5 125.1 141 169.6 177.8 192.1 209.5
Distribution rate 57% 59.2% 53.9% 56.7% 53.1% 59.1% 59% 59.1%
Net sales 1 851,894 861,022 977,370 1,107,668 1,322,791 1,407,368 1,484,250 1,569,740
EBITDA 1 63,809 63,058 70,893 82,794 99,283 106,084 112,835 121,198
EBIT 1 55,827 54,768 62,959 74,360 89,943 95,855 103,232 112,352
Net income 1 39,927 40,022 47,448 53,481 64,303 67,428 72,859 79,448
Net Debt 1 -196,716 -194,775 -221,388 -221,275 -244,876 -260,666 -290,779 -321,440
Reference price 2 2,745.00 2,077.50 2,906.50 3,609.00 3,232.00 4,300.00 4,300.00 4,300.00
Nbr of stocks (in thousands) 379,202 379,202 379,202 379,201 379,201 379,201 - -
Announcement Date 2/1/22 A 2/1/23 A 2/1/24 A 2/3/25 A 2/2/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.43x0.98x13.07x2.42% 10.41B
25.33x4.08x14.17x2.67% 239B
23.17x4.86x11.92x0.71% 199B
16.62x1.89x9.72x2.85% 144B
-135.05x18.59x102.21x-.--% 120B
-549.83x39.07x160.49x-.--% 113B
16.04x2.89x11.15x5.02% 93.45B
22.42x5.82x14.3x2.52% 66.94B
14.75x2.13x9.07x5.16% 47.77B
24.9x2.07x13.12x1.25% 48.79B
Average -51.72x 8.24x 35.92x 2.26% 108.3B
Weighted average by Cap. -55.71x 9.00x 37.70x 2%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Otsuka Corporation

Historical PBR trend

Valuation ratios - PBR - Otsuka Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Otsuka Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Otsuka Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Otsuka Corporation
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