Company Valuation: Kanadevia Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 150,841 125,725 145,946 222,282 153,893 231,990 - -
Change - -16.65% 16.08% 52.3% -30.77% 50.75% - -
Enterprise Value (EV) 1 211,521 150,405 146,007 232,118 208,893 272,890 250,290 234,890
Change - -28.89% -2.92% 58.98% -10.01% 30.64% -8.28% -6.15%
P/E ratio 35.4x 15.9x 9.37x 11.7x 6.97x 15.2x 12x 10.8x
PBR 1.19x 0.96x 1.05x 1.37x 0.81x 0.86x 1.08x 1x
PEG - 0.2x 0.1x 0.5x 0.4x -0.3x 0x 0.9x
Capitalization / Revenue 0.37x 0.28x 0.3x 0.4x 0.25x 0.26x 0.37x 0.37x
EV / Revenue 0.52x 0.34x 0.3x 0.42x 0.34x 0.44x 0.4x 0.37x
EV / EBITDA 8.07x - 4.78x 6.55x 5.38x 9.04x 6.04x 4.91x
EV / EBIT 13.7x 9.68x 7.28x 9.54x 7.75x 19.9x 8.81x 7.32x
EV / FCF 23.9x 5.41x 5.72x -11x -6.57x 17.7x 13.4x 11.7x
FCF Yield 4.18% 18.5% 17.5% -9.05% -15.2% -8.04% 7.45% 8.53%
Dividend per Share 2 12 12 18 23 25 25 27.5 29.5
Rate of return 1.34% 1.61% 2.08% 1.74% 2.73% 2.48% 1.99% 2.14%
EPS 2 25.26 46.87 92.43 112.7 131.3 66.2 114.7 127.8
Distribution rate 47.5% 25.6% 19.5% 20.4% 19% 37.8% 24% 23.1%
Net sales 1 408,592 441,797 492,692 555,844 610,523 645,222 623,050 633,450
EBITDA 1 26,200 - 30,571 35,457 38,859 27,827 41,450 47,850
EBIT 1 15,396 15,541 20,056 24,323 26,946 12,192 28,400 32,100
Net income 1 4,258 7,899 15,577 18,999 22,103 11,137 19,300 21,500
Net Debt 1 60,680 24,680 61 9,836 55,000 40,900 18,300 2,900
Reference price 2 895.00 746.00 866.00 1,319.00 915.00 1,379.00 1,379.00 1,379.00
Nbr of stocks (in thousands) 168,537 168,532 168,528 168,523 168,189 168,231 - -
Announcement Date 5/13/21 5/11/22 5/12/23 5/10/24 5/12/25 5/12/26 - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.73x0.44x9.04x1.81% 1.46B
31.54x5.46x20.28x0.86% 108B
46.23x8.01x29.97x1.32% 46.79B
23.12x3.41x14.63x1.01% 28.39B
19.48x1.6x11.83x2.48% 27.62B
28.87x3.77x13.92x0.12% 27.38B
26.41x4.31x15.41x1.51% 26.54B
24.05x2.85x12.42x1.59% 25.74B
25.1x3.25x15.61x1.83% 23.77B
30.29x2.69x17.26x1.76% 23.65B
Average 29.08x 3.58x 16.03x 1.43% 33.96B
Weighted average by Cap. 30.18x 4.53x 18.38x 1.25%

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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  4. Valuation Kanadevia Corporation