NIPPON TELEGRAPH AND TELEPHONE CORPORATION

Valuation Nippon Telegraph and Telephone Corporation

Equities

9432

JP3735400008

Integrated Telecommunications Services

Market Closed - Japan Exchange Other stock markets 02:30:00 2025-06-19 am EDT			5-day change	1st Jan Change
154.30 ^JPY	+0.33%		-1.34%	-2.34%

Jun. 16	NTT Docomo to Launch Tender Offer for Carta, Plans Alliance With Dentsu	MT
Jun. 16	Nippon Telegraph And Telephone Corp - NTT Docomo To Launch Tender Offer For Carta Holdings At 2,100 Yen Per Share	RE

Company Valuation: Nippon Telegraph and Telephone Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	9,362,448	10,293,816	12,554,530	13,508,769	15,117,862	12,766,528	-	-
Change	-	9.95%	21.96%	7.6%	11.91%	-15.55%	-	-
Enterprise Value (EV) ¹	13,081,630	17,730,177	19,841,020	21,865,382	24,848,999	21,982,339	23,226,261	23,049,954
Change	-	35.53%	11.91%	10.2%	13.65%	-11.54%	5.51%	-0.76%
P/E ratio	11.1x	11.5x	10.8x	11.4x	11.9x	12.1x	11.3x	10.5x
PBR	1.03x	1.36x	1.52x	1.58x	1.54x	1.17x	1.25x	1.17x
PEG	-	1.57x	0.3x	2.01x	1.42x	-0.6x	2.33x	1.48x
Capitalization / Revenue	0.79x	0.86x	1.03x	1.03x	1.13x	0.87x	0.91x	0.89x
EV / Revenue	1.1x	1.48x	1.63x	1.66x	1.86x	1.6x	1.65x	1.6x
EV / EBITDA	4.32x	5.58x	5.96x	6.65x	7x	6.52x	6.6x	6.37x
EV / EBIT	8.37x	10.6x	11.2x	12x	12.9x	13.3x	12.7x	12.1x
EV / FCF	11x	13.8x	15.1x	41.7x	64.6x	79.5x	41.8x	32.1x
FCF Yield	9.09%	7.22%	6.61%	2.4%	1.55%	1.26%	2.39%	3.11%
Dividend per Share ²	3.8	4.2	4.6	4.8	5.1	5.2	5.33	5.767
Rate of return	3.69%	3.69%	3.24%	3.03%	2.84%	3.59%	3.45%	3.74%
EPS ²	9.248	9.926	13.17	13.92	15.09	11.96	13.7	14.67
Distribution rate	41.1%	42.3%	34.9%	34.5%	33.8%	43.5%	38.9%	39.3%
Net sales ¹	11,899,415	11,943,966	12,156,447	13,136,200	13,374,569	13,704,727	14,046,802	14,373,488
EBITDA ¹	3,027,461	3,178,544	3,329,776	3,290,200	3,551,496	3,371,606	3,520,867	3,619,049
EBIT ¹	1,562,151	1,671,391	1,768,593	1,829,000	1,922,910	1,649,571	1,825,861	1,903,800
Net income ¹	855,306	916,181	1,181,083	1,213,100	1,279,521	1,000,016	1,123,159	1,193,229
Net Debt ¹	3,719,182	7,436,361	7,286,490	8,356,613	9,731,137	10,010,100	10,459,734	10,283,427
Reference price ²	103.02	113.68	141.80	158.48	179.80	154.30	154.30	154.30
Nbr of stocks (in thousands)	90,879,905	90,550,810	88,536,882	85,239,584	84,081,549	82,738,351	-	-
Announcement Date	5/15/20	5/12/21	5/12/22	5/12/23	5/10/24	5/9/25	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

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.($)
NIPPON TELEGRAPH AND TELEPHONE CORPORATION	11.77x	1.62x	6.49x	3.39%	88B
CHINA MOBILE LIMITED	11.87x	1.41x	4.34x	6.31%	243B
VERIZON COMMUNICATIONS, INC.	9.01x	2.29x	6.27x	6.56%	176B
DEUTSCHE TELEKOM AG	15.97x	2.39x	5.59x	3.42%	170B
CHINA TELECOM CORPORATION LIMITED	13.46x	1.09x	4.06x	5.5%	94.39B
SAUDI TELECOM COMPANY	14.89x	2.52x	8.04x	5.25%	55.49B
AMÉRICA MÓVIL, S.A.B. DE C.V.	10.84x	1.75x	4.42x	3.89%	52.12B
CHARTER COMMUNICATIONS, INC.	9.98x	2.67x	6.46x	-.--%	52.14B
SINGAPORE TELECOMMUNICATIONS LIMITED	21.46x	5.06x	18.47x	4.53%	51.08B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	11.26x	2.55x	5.85x	5.23%	39.07B
Average	13.05x	2.33x	7.00x	4.41%	102.13B
Weighted average by Cap.	12.67x	2.08x	6.12x	4.91%