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Avex Inc
F:AX8

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Avex Inc
F:AX8
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Price: 6.15 EUR Market Closed
Market Cap: €278.3m

EV/IC

0.2
Current
24%
Cheaper
vs 3-y average of 0.3

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.2
=
Enterprise Value
€17.8B
/
Invested Capital
¥75B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.2
=
Enterprise Value
€17.8B
/
Invested Capital
¥75B

Valuation Scenarios

Avex Inc is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.3), the stock would be worth €8.12 (32% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+792%
Average Upside
298%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.2 €6.15
0%
3-Year Average 0.3 €8.12
+32%
5-Year Average 0.3 €8.78
+43%
Industry Average 2 €54.86
+792%
Country Average 1 €26.13
+325%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
JP
Avex Inc
F:AX8
50.1B EUR 0.2 24.4
US
Netflix Inc
NASDAQ:NFLX
394.2B USD 8.9 29
US
Walt Disney Co
NYSE:DIS
187.1B USD 1.2 15.2
LU
Spotify Technology SA
NYSE:SPOT
91.9B USD 22.2 28.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
67.1B USD 1 92.3
NL
Universal Music Group NV
AEX:UMG
32.7B EUR 3.3 21.3
US
Live Nation Entertainment Inc
NYSE:LYV
37.2B USD 2.8 -674
US
TKO Group Holdings Inc
NYSE:TKO
36.1B USD 2.7 156.6
FR
Bollore SE
PAR:BOL
15B EUR 0.5 43.1
US
Roku Inc
NASDAQ:ROKU
17.2B USD 9.7 207.9
US
Warner Music Group Corp
NASDAQ:WMG
14.7B USD 2 49.3
P/E Multiple
Earnings Growth PEG
JP
Avex Inc
F:AX8
Average P/E: 66.8
24.4
89%
0.3
US
Netflix Inc
NASDAQ:NFLX
29
21%
1.4
US
Walt Disney Co
NYSE:DIS
15.2
6%
2.5
LU
Spotify Technology SA
NYSE:SPOT
28.8
22%
1.3
US
Warner Bros Discovery Inc
NASDAQ:WBD
92.3
N/A N/A
NL
Universal Music Group NV
AEX:UMG
21.3
16%
1.3
US
Live Nation Entertainment Inc
NYSE:LYV
Negative Multiple: -674 N/A N/A
US
TKO Group Holdings Inc
NYSE:TKO
156.6
57%
2.7
FR
Bollore SE
PAR:BOL
43.1
-1%
N/A
US
Roku Inc
NASDAQ:ROKU
207.9
94%
2.2
US
Warner Music Group Corp
NASDAQ:WMG
49.3
41%
1.2

Market Distribution

Lower than 100% of companies in Japan
Percentile
0th
Based on 5 142 companies
0th percentile
0
Low
0 — 0.7
Typical Range
0.7 — 1.5
High
1.5 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1
70th Percentile 1.5
Max 23 050 349

Avex Inc
Glance View

Market Cap
278.3m EUR
Industry
Media

Avex, Inc. operates as a holding company which engages in the development and production of audio and visual contents. The company is headquartered in Minato-Ku, Tokyo-To and currently employs 1,549 full-time employees. The Music segment is engaged in the design, production and sale of music contents, the music distribution and publishing businesses, the management of artist talents, merchandising business, the operation of fan clubs, as well as the plan, production and operation of concert events. The Animation segment is engaged in the distribution of images, the design, production and sale of image contents, as well as the movie distribution businesses. The Digital segment is enagegd in the planning, production, sales and distribution of digital contents. The Overseas segment is engaged in the planning, production and sales of entertainment contents. The firm also conducts venture investment business.

AX8 Intrinsic Value
11.28 EUR
Undervaluation 46%
Intrinsic Value
Price €6.15
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