看來載入頁面時發生了錯誤.
我們的團隊已收到通知，但若此問題持續，請透過電郵支援widget工具聯絡我們。
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | 6.0x - 6.6x | 6.3x |
| Selected Fwd EBIT Multiple | 5.9x - 6.5x | 6.2x |
| Fair Value | €8.23 - €8.75 | €8.49 |
| Upside | 17.6% - 25.1% | 21.3% |
| Benchmarks | Ticker | Full Ticker |
| Toell Co.,Ltd. | 3361 | TSE:3361 |
| Saibu Gas Holdings Co.,Ltd. | 9536 | TSE:9536 |
| HIROSHIMA GAS Co.,Ltd. | 9535 | TSE:9535 |
| Hokkaido Gas Co., Ltd. | 9534 | TSE:9534 |
| Nippon Gas Co., Ltd. | 8174 | TSE:8174 |
| Shizuoka Gas Co., Ltd. | 1KS | DB:1KS |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| 3361 | 9536 | 9535 | 9534 | 8174 | 1KS | ||
| TSE:3361 | TSE:9536 | TSE:9535 | TSE:9534 | TSE:8174 | DB:1KS | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | 7.0% | -1.5% | 10.6% | 30.9% | 15.6% | 5.6% | |
| 3Y CAGR | 10.6% | 24.5% | -1.1% | 45.3% | 8.6% | 27.3% | |
| Latest Twelve Months | -4.1% | -14.4% | -84.3% | -14.6% | -11.2% | -43.8% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | 7.4% | 2.8% | 4.4% | 6.3% | 8.2% | 5.5% | |
| Prior Fiscal Year | 7.7% | 4.1% | 7.4% | 7.6% | 7.3% | 8.6% | |
| Latest Fiscal Year | 8.4% | 3.7% | 3.5% | 9.0% | 9.0% | 5.1% | |
| Latest Twelve Months | 7.6% | 4.1% | 1.1% | 8.2% | 8.3% | 5.1% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 0.34x | 1.00x | 0.37x | 0.56x | 1.45x | 0.23x | |
| EV / LTM EBITDA | 2.7x | 7.9x | 4.0x | 3.3x | 10.3x | 2.3x | |
| EV / LTM EBIT | 4.5x | 24.4x | 33.8x | 6.8x | 17.5x | 4.5x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | 4.5x | 17.5x | 33.8x | ||||
| Historical EV / LTM EBIT | 1.8x | 7.5x | 11.6x | ||||
| Selected EV / LTM EBIT | 6.0x | 6.3x | 6.6x | ||||
| (x) LTM EBIT | 10,303 | 10,303 | 10,303 | ||||
| (=) Implied Enterprise Value | 61,385 | 64,616 | 67,847 | ||||
| (-) Non-shareholder Claims * | 40,161 | 40,161 | 40,161 | ||||
| (=) Equity Value | 101,546 | 104,777 | 108,008 | ||||
| (/) Shares Outstanding | 75.3 | 75.3 | 75.3 | ||||
| Implied Value Range | 1,349.29 | 1,392.22 | 1,435.15 | ||||
| FX Rate: JPY/EUR | 161.9 | 161.9 | 161.9 | Market Price | |||
| Implied Value Range (Trading Cur) | 8.33 | 8.60 | 8.86 | 7.00 | |||
| Upside / (Downside) | 19.1% | 22.8% | 26.6% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 3361 | 9536 | 9535 | 9534 | 8174 | 1KS | |
| Enterprise Value | 9,436 | 250,023 | 33,468 | 95,748 | 282,572 | 45,132 | |
| (+) Cash & Short Term Investments | 4,360 | 21,998 | 22,965 | 2,943 | 14,447 | 36,251 | |
| (+) Investments & Other | 1,996 | 74,991 | 19,032 | 14,466 | 2,717 | 27,883 | |
| (-) Debt | (55) | (275,243) | (47,759) | (63,455) | (47,933) | (16,621) | |
| (-) Other Liabilities | (9) | (7,325) | (3,352) | (2,116) | 0 | (7,352) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 15,728 | 64,444 | 24,354 | 47,586 | 251,803 | 85,293 | |
| (/) Shares Outstanding | 18.8 | 37.0 | 68.6 | 88.1 | 110.2 | 75.3 | |
| Implied Stock Price | 835.00 | 1,740.00 | 355.00 | 540.00 | 2,284.50 | 1,133.33 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 161.90 | |
| Implied Stock Price (Trading Cur) | 835.00 | 1,740.00 | 355.00 | 540.00 | 2,284.50 | 7.00 | |
| Trading Currency | JPY | JPY | JPY | JPY | JPY | EUR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 161.90 | |