Company Valuation: Sony Group Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 14,359,560 15,764,488 14,793,605 15,927,659 22,699,467 19,640,642 - -
Change - 9.78% -6.16% 7.67% 42.52% -13.48% - -
Enterprise Value (EV) 1 11,763,001 16,705,787 16,854,920 17,710,826 23,916,757 18,878,817 18,111,643 17,228,438
Change - 42.02% 0.89% 5.08% 35.04% -21.06% -4.06% -4.88%
P/E ratio 12.2x 17.9x 15.8x 16.5x 20x 17.3x 16.1x 14.8x
PBR 2.58x 2.2x 2.05x 2.09x 2.77x 2.36x 2.12x 1.9x
PEG - -0.7x 2.42x 4.18x 1x 10.57x 2.14x 1.6x
Capitalization / Revenue 1.6x 1.59x 1.28x 1.22x 1.75x 1.59x 1.54x 1.52x
EV / Revenue 1.31x 1.68x 1.46x 1.36x 1.85x 1.53x 1.42x 1.34x
EV / EBITDA 8.63x 8.2x 7.62x 7.52x 11.5x 7.82x 7.11x 6.56x
EV / EBIT 12.1x 13.9x 14x 14.7x 17x 12.3x 11.1x 9.83x
EV / FCF -27.3x 21.1x -56.4x 23.6x 14.3x 17.8x 14.5x 12.9x
FCF Yield -3.67% 4.74% -1.77% 4.23% 7% 5.62% 6.91% 7.77%
Dividend per Share 2 11 13 15 17 20 24.78 28.34 31.17
Rate of return 0.47% 0.51% 0.63% 0.65% 0.53% 0.75% 0.85% 0.94%
EPS 2 190.5 142.4 151.7 157.7 188.7 191.8 206.2 225.3
Distribution rate 5.78% 9.13% 9.89% 10.8% 10.6% 12.9% 13.7% 13.8%
Net sales 1 8,999,360 9,921,513 11,539,837 13,020,768 12,957,100 12,343,855 12,790,856 12,901,615
EBITDA 1 1,362,558 2,037,572 2,212,796 2,353,812 2,075,600 2,415,588 2,549,081 2,627,077
EBIT 1 971,865 1,202,339 1,208,206 1,208,831 1,407,200 1,537,533 1,625,213 1,752,320
Net income 1 1,171,776 882,178 937,126 970,573 1,141,600 1,150,107 1,220,578 1,314,545
Net Debt 1 -2,596,559 941,299 2,061,315 1,783,167 1,217,290 -761,825 -1,528,999 -2,412,204
Reference price 2 2,319.00 2,546.00 2,397.00 2,597.00 3,765.00 3,325.00 3,325.00 3,325.00
Nbr of stocks (in thousands) 6,192,134 6,191,865 6,171,717 6,133,099 6,029,075 5,906,960 - -
Announcement Date 4/28/21 5/10/22 4/28/23 5/14/24 5/14/25 - - -
1JPY in Million2JPY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.35x1.53x7.98x0.74% 123B
26.75x0.95x10.17x1.4% 41.98B
10.81x0.25x3.11x1.47% 13.61B
59.22x1.31x34.19x0.1% 6.98B
34.64x - - - 6.78B
33.6x - - 1.6% 3.14B
7.2x0.33x7.43x-.--% 2.47B
21.77x1.19x9.7x2.74% 2.34B
27.41x - - 2.55% 2.26B
Average 26.53x 0.93x 12.10x 1.33% 22.55B
Weighted average by Cap. 21.16x 1.28x 9.09x 0.96%

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 Sony Group Corporation