Company Valuation: Resorttrust, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 222,172 224,499 279,928 307,396 368,517 383,752 - -
Change - 1.05% 24.69% 9.81% 19.88% 4.13% - -
Enterprise Value (EV) 1 242,100 233,765 251,998 281,147 320,061 338,304 338,425 330,203
Change - -3.44% 7.8% 11.57% 13.84% 5.7% 0.04% -2.43%
P/E 38.6x 13.3x 17.7x 15.2x 17.6x 17.5x 16.9x 13.4x
PBR 2.19x 1.9x 2.17x 2.13x 2.3x 2.21x 2.06x 1.86x
PEG - 0x -3.15x 0.6x 4.94x 3.64x 5.1x 0.5x
Capitalization / Revenue 1.41x 1.32x 1.39x 1.23x 1.4x 1.46x 1.36x 1.17x
EV / Revenue 1.53x 1.38x 1.25x 1.13x 1.22x 1.28x 1.2x 1.01x
EV / EBITDA 12.2x 10.6x 8.37x 7.79x 8.08x 7.78x 7.68x 6.31x
EV / EBIT 27.9x 19.1x 11.9x 10.7x 11x 10.8x 10.5x 8.17x
EV / FCF 9.53x 13x 9.47x 48.9x 21.7x 29.6x 16.5x 23x
FCF Yield 10.5% 7.69% 10.6% 2.05% 4.6% 3.37% 6.07% 4.34%
Dividend per Share 2 15 22.5 27 31 34 36 39.6 45.2
Rate of return 1.43% 2.13% 2.03% 2.14% 1.96% 1.99% 2.19% 2.5%
EPS 2 27.14 79.48 75.02 95.19 98.58 103.3 106.7 134.5
Distribution rate 55.3% 28.3% 36% 32.6% 34.5% 34.8% 37.1% 33.6%
Net sales 1 157,782 169,830 201,803 249,333 263,020 263,577 281,375 327,802
EBITDA 1 19,841 21,956 30,120 36,075 39,597 43,459 44,086 52,345
EBIT 1 8,693 12,270 21,119 26,365 29,161 31,262 32,115 40,423
Net income 1 5,775 16,906 15,892 20,139 20,912 21,924 22,501 28,287
Net Debt 1 19,928 9,266 -27,930 -26,249 -48,456 -45,447 -45,327 -53,549
Reference price 2 1,046.50 1,054.50 1,327.50 1,451.50 1,735.50 1,807.00 1,807.00 1,807.00
Nbr of stocks (in thousands) 212,300 212,896 210,869 211,778 212,340 212,369 - -
Announcement Date 5/13/22 A 5/15/23 A 5/15/24 A 5/15/25 A 5/15/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.49x1.28x7.78x1.99% 2.46B
17.47x3.14x8.94x4.59% 14.08B
13.25x3.15x8.78x3.92% 5.38B
16.19x5.35x10.65x2.41% 5.33B
15.59x2.15x8.89x2.86% 4.72B
19.04x3.94x10.04x1.15% 4.49B
17.96x1.75x7.57x3.38% 2.88B
30.96x8.36x18.47x0.14% 2.08B
Average 18.49x 3.64x 10.14x 2.55% 5.18B
Weighted average by Cap. 17.43x 3.46x 9.57x 3.19%

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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