Valuation Invincible Investment Corporation

Equities

Market Closed - Japan Exchange Other stock markets 02:30:00 2025-06-13 am EDT			5-day change	1st Jan Change
64,600.00 ^JPY	+0.31%		+2.38%	-2.42%

Apr. 28	Invincible Investment Corporation Announces Appointment of Hideki Yano as Managing Director, Effective April 28, 2025	CI
Apr. 14	Invincible Investment Corp. Secures 1 Billion Yen Green Loan for Debt Refinancing	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	202,110	221,925	310,939	410,964	506,195	493,961	-	-
Change	-	9.8%	40.11%	32.17%	23.17%	-2.42%	-	-
Enterprise Value (EV) ¹	443,488	454,110	533,183	670,084	786,648	766,509	766,783	767,660
Change	-	2.4%	17.41%	25.68%	17.4%	-2.56%	0.04%	0.11%
P/E ratio	193x	-85.8x	51.1x	19.7x	17x	16x	15.6x	15.4x
PBR	0.81x	0.9x	1.24x	1.42x	1.44x	1.41x	1.4x	1.4x
PEG	-	0x	-0x	0x	0.7x	4.13x	6.2x	18.13x
Capitalization / Revenue	11.4x	18.2x	15.9x	11.8x	10.8x	9.75x	9.47x	9.15x
EV / Revenue	25x	37.2x	27.2x	19.3x	16.8x	15.1x	14.7x	14.2x
EV / EBITDA	42.9x	59x	35.5x	22.3x	18.9x	16.6x	16.3x	16.1x
EV / EBIT	139x	-9,268x	63.7x	29.2x	24.3x	21.2x	20.6x	20.2x
EV / FCF	16.9x	45.1x	49.1x	-21.9x	7.24x	16.8x	17.4x	17.3x
FCF Yield	5.9%	2.22%	2.04%	-4.56%	13.8%	5.95%	5.74%	5.78%
Dividend per Share ²	236	181	998	3,104	3,899	4,099	4,148	4,184
Rate of return	0.71%	0.5%	1.96%	5.09%	5.89%	6.34%	6.42%	6.48%
EPS ²	172	-424	998	3,101	3,894	4,045	4,147	4,182
Distribution rate	137%	-42.7%	100%	100%	100%	101%	100%	100%
Net sales ¹	17,750	12,212	19,610	34,733	46,691	50,637	52,166	53,987
EBITDA ¹	10,331	7,691	15,031	30,033	41,719	46,134	47,064	47,678
EBIT ¹	3,188	-49	8,371	22,944	32,386	36,092	37,233	38,017
Net income ¹	1,046	-2,585	6,090	19,945	28,038	30,952	31,733	32,008
Net Debt ¹	241,378	232,185	222,244	259,120	280,453	272,548	272,823	273,699
Reference price ²	33,150.00	36,400.00	51,000.00	61,000.00	66,200.00	64,600.00	64,600.00	64,600.00
Nbr of stocks (in thousands)	6,097	6,097	6,097	6,737	7,646	7,646	-	-
Announcement Date	2/25/21	2/24/22	3/27/23	2/26/24	2/26/25	-	-	-

¹JPY in Million²JPY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
INVINCIBLE INVESTMENT CORPORATION	15.92x	15.11x	16.58x	6.36%	3.43B
W. P. CAREY INC.	26.22x	13.03x	15.88x	5.64%	13.87B
GECINA	10.03x	18.5x	22.78x	5.93%	8.19B
ESSENTIAL PROPERTIES REALTY TRUST, INC.	25.85x	16.2x	17.7x	3.71%	6.43B
LAND SECURITIES GROUP PLC	7.11x	13.51x	17.59x	6.69%	6.31B
THE GPT GROUP	15.12x	15.45x	17x	4.85%	6.2B
MIRVAC GROUP	21.65x	15.12x	17.4x	3.78%	6.18B
LONDONMETRIC PROPERTY PLC	9.25x	15.83x	16.45x	6.13%	5.67B
BRITISH LAND COMPANY PLC	6.25x	14.51x	18.12x	5.88%	5.36B
NOMURA REAL ESTATE MASTER FUND, INC.	22.83x	16.54x	25.13x	4.67%	4.62B
Average	16.02x	15.38x	18.46x	5.36%	6.62B
Weighted average by Cap.	17.06x	15.19x	18.23x	5.37%