Company Valuation: Takeda Pharmaceutical Company Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 5,423,454 6,762,204 6,564,378 6,749,675 8,948,061 10,070,757 - -
Change - 24.68% -2.93% 2.82% 32.57% 12.55% - -
Enterprise Value (EV) 1 8,919,170 10,611,015 10,950,330 10,725,175 5,130,461 13,978,160 13,775,544 13,471,149
Change - 18.97% 3.2% -2.06% -52.16% 172.45% -1.45% -2.21%
P/E 23.8x 21.3x 45.4x 64.6x 46.4x 50.8x 32.2x 26.2x
PBR 0.95x 1.06x 0.9x 1x 1.2x 1.37x 1.37x 1.36x
PEG - 0.5x -0.8x -2.5x 0.6x 14.67x 0.6x 1.1x
Capitalization / Revenue 1.52x 1.68x 1.54x 1.47x 1.99x 2.14x 2.1x 2.04x
EV / Revenue 2.5x 2.63x 2.57x 2.34x 1.14x 2.97x 2.87x 2.74x
EV / EBITDA 8.54x 9.19x 11.6x 9.71x 4.54x 10.9x 9.95x 9.32x
EV / EBIT 19.4x 21.6x 51.1x 31.3x 12.6x 29.7x 22.8x 19.3x
EV / FCF 8.92x 28.7x 43.4x 15.5x 8.14x 19.8x 19.7x 18.3x
FCF Yield 11.2% 3.49% 2.31% 6.43% 12.3% 5.04% 5.09% 5.45%
Dividend per Share 2 180 180 188 196 200 204.3 208.4 215.8
Rate of return 5.15% 4.14% 4.49% 4.44% 3.53% 3.19% 3.25% 3.37%
EPS 2 147.1 204.3 92.09 68.36 122 126.2 198.9 244.4
Distribution rate 122% 88.1% 204% 287% 164% 162% 105% 88.3%
Net sales 1 3,569,006 4,027,478 4,263,762 4,581,600 4,505,700 4,701,837 4,795,879 4,925,220
EBITDA 1 1,043,995 1,154,905 942,077 1,103,982 1,129,888 1,283,280 1,384,870 1,445,085
EBIT 1 460,844 490,505 214,100 342,600 408,800 469,869 603,713 699,373
Net income 1 230,059 317,017 144,067 107,900 191,800 196,331 323,029 384,410
Net Debt 1 3,495,716 3,848,811 4,385,952 3,975,500 -3,817,600 3,907,403 3,704,786 3,400,392
Reference price 2 3,498.00 4,350.00 4,184.00 4,413.00 5,664.00 6,407.00 6,407.00 6,407.00
Nbr of stocks (in thousands) 1,550,444 1,554,530 1,568,924 1,529,498 1,579,813 1,596,759 - -
Announcement Date 5/11/22 A 5/11/23 A 5/9/24 A 5/8/25 A 5/13/26 A - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
50.76x3.01x11.02x3.19% 64.8B
37.66x13.18x27.98x0.53% 1,143B
39.33x6.61x18.6x1.99% 647B
37.45x8.4x17.37x2.4% 506B
21.46x5.22x12.98x2.51% 384B
103.38x5.8x24.86x2.4% 350B
21.99x5.69x13.69x2.94% 293B
22.31x4.51x12.87x1.96% 265B
28.42x7.28x13.03x2.25% 242B
-45.78x7.1x27.53x2.07% 197B
Average 31.70x 6.68x 17.99x 2.22% 409.23B
Weighted average by Cap. 35.52x 8.27x 20.33x 1.82%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Takeda Pharmaceutical Company Limited

Historical PBR trend

Valuation ratios - PBR - Takeda Pharmaceutical Company Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Takeda Pharmaceutical Company Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Takeda Pharmaceutical Company Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Takeda Pharmaceutical Company Limited
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