Bandai Namco Holdings Inc

TSE:7832

日本 / 非必需消費品 / מוצרי פנאי

綜觀

股息

5 年 DCF EBITDA 退出價

股價

4,612.00 JPY

公允價值

4,736.18 JPY

Metrics	Range	Conclusion
Discount Rate	8.0% - 7.0%	7.5%
Terminal EBITDA Multiple	9.3x - 11.3x	10.3x
Fair Value	¥4,376 - ¥5,109	¥4,736
Upside	-0.6% - 16.1%	7.6%

6.7%

Revenue 5y CAGR

17.9%

5y Avg EBITDA Margin

14.9%

Unlevered FCF 5y CAGR

5-Year DCF Model: EBITDA Exit

股價

4,612.00 JPY

公允價值

4,736.18 JPY

看漲

7.6%

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	Mar-24	Mar-25	Mar-26	Mar-27	Mar-28	Mar-29

Revenue	1,050,210	1,235,000	1,270,000	1,334,000	1,426,535	1,453,800
% Growth	6.1%	17.6%	2.8%	5.0%	6.9%	1.9%

EBITDA	131,722	229,632	219,752	236,000	253,520	264,071
% of Revenue	12.5%	18.6%	17.3%	17.7%	17.8%	18.2%

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)		Mar-25	Mar-26	Mar-27	Mar-28	Mar-29

EBITDA		229,632	219,752	236,000	253,520	264,071
Other Income / (Exp)		0	0	0	0	0
D&A		(42,732)	(38,752)	(45,222)	(41,038)	(53,683)

EBIT		186,900	181,000	190,779	212,482	210,388
Pro forma Taxes		(54,201)	(52,490)	(55,326)	(61,620)	(61,013)
NOPAT	64,384	132,699	128,510	135,453	150,862	149,375

Capital Expenditures	(24,699)	(40,000)	(40,000)	(40,000)	(41,600)	(48,167)
NWC Investment	(4,585)	(14,092)	(2,669)	(4,881)	(7,057)	(2,079)
(+) D&A	41,040	42,732	38,752	45,222	41,038	53,683

Free Cash Flow	76,140	121,339	124,593	135,793	143,243	152,812
% Growth		59%	3%	9%	5%	7%

載入錯誤

Bandai Namco Holdings Inc

TSE:7832

日本 / 非必需消費品 / מוצרי פנאי

5 年 DCF EBITDA 退出價