Company Valuation: Mitsui Chemicals, Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 684,842 597,105 651,757 823,488 626,098 723,589 - -
Change - -12.81% 9.15% 26.35% -23.97% 15.57% - -
Enterprise Value (EV) 1 999,071 1,038,543 1,203,696 1,369,954 1,193,460 1,265,097 1,303,112 1,313,475
Change - 3.95% 15.9% 13.81% -12.88% 6% 3% 0.8%
P/E ratio 11.7x 5.46x 7.91x 16.5x 19.6x 16.7x 10.7x 9.04x
PBR 1.13x 0.84x 0.82x 0.95x 0.74x 0.83x 0.79x 0.75x
PEG - 0.1x -0.3x -0.4x -0.6x 0.5x 0.2x 0.5x
Capitalization / Revenue 0.57x 0.37x 0.35x 0.47x 0.35x 0.43x 0.41x 0.4x
EV / Revenue 0.82x 0.64x 0.64x 0.78x 0.66x 0.76x 0.74x 0.72x
EV / EBITDA 6.52x 4.49x 5.44x 8.09x 6.7x 6.41x 5.63x 5.18x
EV / EBIT 11.7x 7.05x 9.33x 18.5x 15.2x 14.2x 11.1x 9.72x
EV / FCF 10.3x -9.22x -236x 36.6x 21.6x 13.6x 41.4x 28x
FCF Yield 9.69% -10.8% -0.42% 2.73% 4.63% 7.38% 2.42% 3.58%
Dividend per Share 2 50 60 60 70 75 75.45 81 92.11
Rate of return 2.86% 3.88% 3.52% 3.23% 4.49% 3.91% 4.19% 4.77%
EPS 2 149 282.7 215.6 131.5 85.28 116 180 213.6
Distribution rate 33.6% 21.2% 27.8% 53.2% 87.9% 65.1% 45% 43.1%
Net sales 1 1,211,725 1,612,688 1,879,547 1,749,743 1,809,164 1,674,606 1,759,989 1,815,453
EBITDA 1 153,242 231,532 221,078 169,373 178,104 197,500 231,536 253,540
EBIT 1 85,140 147,310 128,998 74,124 78,336 89,089 116,964 135,170
Net income 1 57,873 109,990 82,936 49,999 32,242 42,133 66,438 78,308
Net Debt 1 314,229 441,438 551,939 546,466 567,362 541,507 579,523 589,886
Reference price 2 1,747.50 1,545.00 1,705.00 2,165.50 1,671.00 1,931.50 1,931.50 1,931.50
Nbr of stocks (in thousands) 391,898 386,476 382,262 380,276 374,685 374,626 - -
Announcement Date 5/13/21 5/13/22 5/12/23 5/15/24 5/13/25 - - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.83x0.76x6.44x3.87% 4.59B
24.42x3.88x12.46x2.26% 114B
32.05x1.5x8.52x5.42% 46.25B
21.97x1.82x11.06x1.41% 39.47B
20.36x5.33x15.02x2.15% 35.71B
22.75x1.17x11.14x2.12% 23.04B
26.78x1.15x11.38x5.18% 23.95B
27.96x2.45x20.21x2.5% 19.28B
292.2x7.61x54.24x0.02% 19.92B
Average 53.93x 2.85x 16.72x 2.77% 36.2B
Weighted average by Cap. 41.29x 3.16x 14.77x 2.7%

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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