DIC Corp
TSE:4631

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DIC Corp
TSE:4631
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Price: 3 584 JPY -0.22% Market Closed
Market Cap: ¥341.1B

EV/FCFF

19.3
Current
21%
More Expensive
vs 3-y average of 16

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
19.3
=
Enterprise Value
¥614.4B
/
Free Cash Flow to Firm
¥31B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
19.3
=
Enterprise Value
¥614.4B
/
Free Cash Flow to Firm
¥31B

Valuation Scenarios

DIC Corp is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (16), the stock would be worth ¥2 960.51 (17% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-17%
Maximum Upside
+8%
Average Downside
1%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 19.3 ¥3 584
0%
3-Year Average 16 ¥2 960.51
-17%
5-Year Average 19.8 ¥3 672.01
+2%
Industry Average 19.9 ¥3 700.68
+3%
Country Average 20.9 ¥3 872.52
+8%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
JP
DIC Corp
TSE:4631
339.3B JPY 19.3 10.5
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13.5T JPY 33.7 28.4
US
Sherwin-Williams Co
NYSE:SHW
78.7B USD 34 31.1
US
Ecolab Inc
NYSE:ECL
72.4B USD 42.2 35.4
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 14.2 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
282.8B CNY 27.6 21.5
CH
Givaudan SA
SIX:GIVN
25.7B CHF 24.1 23.9
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 80.6 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.3T INR 52.2 60.7
US
PPG Industries Inc
NYSE:PPG
23.4B USD 24.6 15.4
CH
Sika AG
F:SIKA
19.9B EUR 16.2 17.5

Market Distribution

In line with most companies in Japan
Percentile
46th
Based on 3 767 companies
46th percentile
19.3
Low
0 — 13.6
Typical Range
13.6 — 32.2
High
32.2 —
Distribution Statistics
Japan
Min 0
30th Percentile 13.6
Median 20.9
70th Percentile 32.2
Max 571 930 627.1

DIC Corp
Glance View

Market Cap
341.1B JPY
Industry
Chemicals

DIC Corporation, originally established as a manufacturer of printing inks in Japan, has evolved over the decades into a global powerhouse in the chemical industry. With roots tracing back to 1908, the company has developed a broad spectrum of products that stretch far beyond its initial ink production. It serves a variety of industries, catering to the nuanced demands of packaging, electronics, and automotive sectors, among others. At its core, DIC leverages its expertise in fine chemicals and pigments, specializing in materials that enhance quality and sustainability in finished goods. The company’s prowess in innovation can be attributed to its consistent investment in research and development, ensuring its offerings remain at the cutting edge, whether through eco-friendly inks or advanced resin technologies that bolster product durability and functionality. Revenue generation for DIC is multi-faceted, reflecting its diversified portfolio. A significant portion comes from its Graphic Arts segment, which supplies inks for various printing applications, ranging from newspapers to packaging solutions, thus supporting the ever-evolving demands of modern-day consumption and commerce. In addition, the company taps into the growing demand for high-performance materials through its Performance Materials division. This unit provides polymers and coatings essential to industries like automotive and electronics, where enhanced product characteristics can drive efficiency and appeal. By balancing traditional income streams with emerging market needs, DIC Corporation strategically positions itself for sustained growth within the complexities of a global market, steadily navigating economic fluctuations and technological shifts.

Intrinsic Value
5 367.7 JPY
Undervaluation 33%
Intrinsic Value
Price ¥3 584
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