Company Valuation: Shimizu Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 543,681 555,678 718,101 903,082 1,875,752 1,424,287 - -
Change - 2.21% 29.23% 25.76% 107.71% -24.07% - -
Enterprise Value (EV) 1 751,685 746,167 982,032 1,200,270 2,087,170 1,644,940 1,612,173 1,568,282
Change - -0.73% 31.61% 22.22% 73.89% -21.19% -1.99% -2.72%
P/E 11.5x 11.3x 42.4x 14x 14.9x 8.3x 10.7x 10x
PBR 0.66x 0.65x 0.8x 1.05x 1.93x 1.35x 1.29x 1.23x
PEG - 3.29x -0.7x 0x 0.2x 0.2x -0.5x 1.37x
Capitalization / Revenue 0.37x 0.29x 0.36x 0.46x 0.91x 0.62x 0.62x 0.61x
EV / Revenue 0.51x 0.39x 0.49x 0.62x 1.01x 0.72x 0.7x 0.67x
EV / EBITDA 11.5x 9.28x 176x 11.5x 13.7x 8.65x 8.01x 7.26x
EV / EBIT 16.7x 13.7x -39.8x 16.9x 17.6x 10.4x 9.63x 8.6x
EV / FCF -65.2x 23.8x -36.9x 9.6x -36.6x 10.7x 13.5x 10.7x
FCF Yield -1.53% 4.21% -2.71% 10.4% -2.73% 9.37% 7.43% 9.34%
Dividend per Share 2 23 21 20 38 72 85.5 85.33 90.12
Rate of return 3.13% 2.8% 2% 2.87% 2.6% 4.08% 4.07% 4.3%
EPS 2 64.09 66.29 23.57 94.8 186.7 252.8 195.4 209.7
Distribution rate 35.9% 31.7% 84.9% 40.1% 38.6% 33.8% 43.7% 43%
Net sales 1 1,482,961 1,933,814 2,005,518 1,944,360 2,057,802 2,287,450 2,313,491 2,331,875
EBITDA 1 65,358 80,445 5,571 104,508 152,180 190,087 201,195 216,040
EBIT 1 45,145 54,647 -24,685 71,030 118,669 158,198 167,467 182,388
Net income 1 47,761 49,057 17,163 66,015 126,617 170,307 130,418 138,500
Net Debt 1 208,004 190,489 263,931 297,188 211,418 220,653 187,887 143,995
Reference price 2 735.00 750.00 1,000.50 1,323.50 2,772.50 2,097.50 2,097.50 2,097.50
Nbr of stocks (in thousands) 739,703 740,904 717,742 682,344 676,556 679,040 - -
Announcement Date 5/12/22 A 5/11/23 A 5/13/24 A 5/14/25 A 5/12/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.21x0.71x8.58x4.17% 8.91B
52.38x2.43x23.13x0.07% 91.24B
12.03x1.03x5.66x4.85% 66.89B
25.33x1.95x19.66x1.15% 54.96B
26.47x3.25x18.01x0.25% 47B
50.03x4.01x25.36x2.16% 39.35B
26.14x0.65x10.71x2.38% 31.75B
20.33x1.42x13.1x0.23% 29.93B
5.28x0.34x6.68x5.33% 28.38B
21.69x0.41x6.45x2.83% 27.02B
Average 24.79x 1.62x 13.73x 2.34% 42.54B
Weighted average by Cap. 29.23x 1.88x 15.48x 1.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Shimizu Corporation

Historical PBR trend

Valuation ratios - PBR - Shimizu Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Shimizu Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Shimizu Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Shimizu Corporation
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