Company Valuation: CKD Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 125,624 143,387 201,213 134,881 285,312 421,722 - -
Change - 14.14% 40.33% -32.97% 111.53% 47.81% - -
Enterprise Value (EV) 1 109,006 133,444 210,439 135,349 277,075 394,222 383,322 389,410
Change - 22.42% 57.7% -35.68% 104.71% 42.28% -2.76% 1.59%
P/E 10x 9.7x 24.1x 9.98x 21x 22.4x 18.3x 16.7x
PBR 1.15x 1.2x 1.56x 0.99x 1.86x 2.74x 2.39x 2.21x
PEG - 0.6x -0.6x 0.2x 56.69x 0.6x 0.8x 1.73x
Capitalization / Revenue 0.88x 0.9x 1.5x 0.87x 1.81x 2.22x 2.01x 1.91x
EV / Revenue 0.77x 0.84x 1.57x 0.87x 1.75x 2.07x 1.83x 1.77x
EV / EBITDA 4.58x 4.8x 10.6x 5.29x 10.4x 10.9x 9.32x 8.83x
EV / EBIT 6.1x 6.3x 16x 7.12x 14.1x 14x 11.4x 10.7x
EV / FCF 28.6x -76.6x -16.7x 10.3x 23.1x 38.5x 23.5x 22.6x
FCF Yield 3.49% -1.31% -6% 9.69% 4.33% 2.59% 4.25% 4.43%
Dividend per Share 2 67 89 50 80 81 113.5 133.6 148.8
Rate of return 3.55% 4.14% 1.66% 3.96% 1.9% 1.8% 2.12% 2.36%
EPS 2 188.6 221.8 124.9 202.5 203.2 281.7 344.9 378.2
Distribution rate 35.5% 40.1% 40% 39.5% 39.9% 40.3% 38.7% 39.3%
Net sales 1 142,199 159,457 134,425 155,634 157,886 190,375 209,385 220,325
EBITDA 1 23,789 27,796 19,928 25,586 26,633 36,133 41,143 44,099
EBIT 1 17,879 21,170 13,113 19,018 19,640 28,138 33,483 36,238
Net income 1 12,567 14,788 8,338 13,520 13,578 18,770 22,896 24,938
Net Debt 1 -16,618 -9,943 9,226 468 -8,237 -27,500 -38,400 -32,312
Reference price 2 1,885.00 2,150.00 3,015.00 2,020.00 4,270.00 6,310.00 6,310.00 6,310.00
Nbr of stocks (in thousands) 66,644 66,692 66,737 66,773 66,818 66,834 - -
Announcement Date 13/5/22 12/5/23 10/5/24 13/5/25 15/5/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.9x2.02x10.65x1.84% 2.65B
17.45x1.81x10.32x0.82% 19.79B
30.82x6.35x19.78x1.08% 17.27B
23.27x2.77x16.98x1.35% 8.42B
53.24x6.11x36.18x0.33% 7.14B
55.86x5.75x22.55x - 7.17B
15.44x1.18x8.94x4.71% 5.89B
19.48x2.89x10.83x2.17% 4.54B
11.31x0.53x4.9x2.71% 4.18B
7.86x1.26x5.18x4.58% 4.08B
Average 25.66x 3.07x 14.63x 2.18% 8.1B
Weighted average by Cap. 26.76x 3.53x 15.78x 1.64%

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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