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 71,489 101,759 - -
Change - -30.28% 25.45% 6.53% -9.7% 42.34% - -
Enterprise Value (EV) 70,309 43,816 51,220 57,449 39,856 101,759 101,759 101,759
Change - -37.68% 16.9% 12.16% -30.62% 155.31% 0% 0%
P/E 35.8x 20.1x 21x 19.5x 13.8x 18.1x 15.1x 12.5x
PBR 5.01x 3.12x 3.42x 3.27x 2.72x 3.75x 3.66x 3.54x
PEG - 0.8x 1.1x 1.3x 0.5x 2.08x 0.8x 0.6x
Capitalization / Revenue 2.33x 1.29x 1.39x 1.22x 1x 1.25x 1.11x 0.98x
EV / Revenue 0x 0x 0x 0x 0x 1.25x 1.11x 0.98x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 11.9x 10.1x 8.63x
EV / FCF 0x 0x 0x 0x 0x 12.9x 10.8x 9.37x
FCF Yield 6.45% 8.02% 8.42% 5.13% 14.5% 7.74% 9.22% 10.7%
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% 2.13% 2.65% 3.18%
EPS 2 59.65 73.91 88.35 101.1 128.9 140.1 168.2 202.5
Distribution rate 33.5% 31.1% 31.7% 33.6% 40.3% 38.5% 39.8% 39.8%
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 2,532.00 2,532.00 2,532.00
Nbr of stocks (in thousands) 39,742 39,919 40,129 40,169 40,185 40,189 - -
Announcement Date 9/5/22 9/5/23 9/5/24 9/5/25 8/5/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.16x - - 2.12% 656M
23.34x3.8x13.26x2.85% 224B
-132.68x18.51x102.63x-.--% 119B
14.13x1.56x8.19x3.39% 116B
14.18x2.58x9.75x5.79% 82.73B
20.06x5.29x13.01x2.83% 59.94B
13.88x2.01x8.52x5.62% 44.76B
22.53x1.85x11.5x1.3% 44.62B
21.43x1.63x10.36x0.88% 41.68B
17.34x2.19x10.38x5.04% 35.55B
Average 3.24x 4.38x 20.84x 2.98% 76.97B
Weighted average by Cap. -4.45x 5.32x 25.29x 2.87%

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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