Company Valuation: TechMatrix Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 84,968 59,240 74,319 79,172 71,489 92,596 - -
Change - -30.28% 25.45% 6.53% -9.7% 29.52% - -
Enterprise Value (EV) 70,309 43,816 51,220 57,449 39,856 92,596 92,596 92,596
Change - -37.68% 16.9% 12.16% -30.62% 132.32% 0% 0%
P/E 35.8x 20.1x 21x 19.5x 13.8x 16.5x 13.7x 11.4x
PBR 5.01x 3.12x 3.42x 3.27x 2.72x 3.36x 3.2x 3.02x
PEG - 0.8x 1.1x 1.3x 0.5x 1.96x 0.7x 0.6x
Capitalization / Revenue 2.33x 1.29x 1.39x 1.22x 1x 1.13x 1.01x 0.89x
EV / Revenue 0x 0x 0x 0x 0x 1.13x 1.01x 0.89x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.8x 9.22x 7.85x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 20 23 28 34 52 54 67 80.5
Rate of return 0.94% 1.55% 1.51% 1.73% 2.92% 2.34% 2.91% 3.49%
EPS 2 59.65 73.91 88.35 101.1 128.9 139.8 167.8 202
Distribution rate 33.5% 31.1% 31.7% 33.6% 40.3% 38.6% 39.9% 39.9%
Net sales 1 36,513 45,950 53,303 64,882 71,733 81,650 92,020 103,480
EBITDA 5,694 7,485 - - - - - -
EBIT 1 3,734 5,098 5,850 6,668 7,760 8,550 10,045 11,790
Net income 1 2,371 2,950 3,540 4,060 5,178 5,615 6,630 7,820
Net Debt -14,659 -15,424 -23,099 -21,723 -31,633 - - -
Reference price 2 2,138.00 1,484.00 1,852.00 1,971.00 1,779.00 2,304.00 2,304.00 2,304.00
Nbr of stocks (in thousands) 39,742 39,919 40,129 40,169 40,185 40,189 - -
Announcement Date 5/9/22 5/9/23 5/9/24 5/9/25 5/8/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.84x - - 2.31% 608M
22.79x3.72x13x2.92% 219B
-131.12x18.33x99.77x-.--% 118B
13.3x1.47x7.7x3.61% 110B
14.6x2.67x10.06x5.63% 86.08B
19.97x5.26x12.91x2.85% 60.36B
14.18x2.06x8.72x5.49% 46.22B
21.25x1.73x10.8x1.38% 42.47B
20.15x1.52x9.76x0.94% 39.39B
17.63x2.22x10.55x4.96% 36.45B
Average 2.96x 4.33x 20.36x 3.01% 75.8B
Weighted average by Cap. -4.75x 5.28x 24.77x 2.93%

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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