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REMY.F
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-6.1%
CABJ.F
-5.4%
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Kirin Holdings Co Ltd
OTCPK:KNBWF
日本 / 必需消費品 / 飲品
貨幣
$
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綜觀
股息
財報
模型
財務狀況
比較
穩健度
圖表
5 年 DCF 增長退出價
股價
12.85
USD
公允價值
12.74
USD
Metrics
Range
Conclusion
Discount Rate
8.3% - 7.2%
7.8%
Perpetuity Growth Rate
1.7% - 2.8%
2.3%
Fair Value
$10.11 - $16.53
$12.74
Upside
-21.3% - 28.6%
-0.9%
1.9%
Revenue 5y CAGR
14.0%
5y Avg EBITDA Margin
41.3%
Unlevered FCF 5y CAGR
5-Year DCF Model: Gordon Growth Exit
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儲存
股價
12.85
USD
公允價值
12.74
USD
看漲
-0.9%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(JPY in millions)
Input Projections
Fiscal Years Ending
Dec-24
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
Revenue
2,338,385
2,422,040
2,444,534
2,514,800
2,519,195
2,569,037
% Growth
9.6%
3.6%
0.9%
2.9%
0.2%
2.0%
EBITDA
286,131
314,900
331,300
349,000
371,393
384,043
% of Revenue
12.2%
13.0%
13.6%
13.9%
14.7%
14.9%
支援算式
Calculation of Free Cash Flow
Discounting Periods
Discounting Factors
Calculation of Enterprise Value
Equity Waterfall
Historical Financials
Current Trading Multiples
Calculation of Free Cash Flow
Projected Unlevered Cash Flow
(JPY in millions)
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
Terminal
EBITDA
314,900
331,300
349,000
371,393
384,043
384,043
Other Income / (Exp)
0
0
0
0
0
0
D&A
(119,900)
(112,950)
(113,900)
(118,893)
(115,743)
(141,075)
EBIT
195,000
218,350
235,100
252,500
268,300
242,968
Pro forma Taxes
(54,600)
(61,138)
(65,828)
(70,700)
(75,124)
(68,031)
NOPAT
137,109
140,400
157,212
169,272
181,800
193,176
174,937
Capital Expenditures
(180,584)
(136,200)
(124,000)
(120,000)
(148,500)
(148,500)
(148,500)
NWC Investment
(24,809)
(10,174)
(2,736)
(8,546)
(534)
(6,062)
(7,030)
(+) D&A
95,702
119,900
112,950
113,900
118,893
115,743
141,075
Free Cash Flow
27,418
113,926
143,426
154,626
151,659
154,357
160,482
% Growth
316%
26%
8%
-2%
2%
4%
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