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Definitive Analysis

Financial Statements

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Ticker

Industry

Sector

Page: Earnings Power Value

IBOKIN Co.,Ltd.

Ticker: 5699.T | Industry: Waste Management | Sector: Industrials
$1,600.00 +15.00 (0.95%)
As of: 2026-01-23

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Valuation Snapshot

Intrinsic Range$1,497.31 — $1,835.83
Selected Value (Mid)$1,666.57
Live Price$1,382.00
Upside / Downside20.59%

EPV Per Share Breakdown

MetricLowMidHigh
EPV Per Share$1,497.31$1,666.57$1,835.83

Normalized EBIT Margin

ScenarioMargin
Low5.06%
Mid5.95%
High6.84%

Normalized Tax Rate

MetricValue
Tax Rate35.00%

Adjusted Earnings (NOPAT)

ScenarioValue
Low305,465,648
Mid359,371,350
High413,277,053

Capital Structure

ComponentValue
Net Debt-1,768,957,000
Shares Outstanding3,286,908
WACC9.69%

Reverse EPV (Market Implied)

If "Implied" > "Actual", market expects profitability to improve.

MetricActual (LTM)Market Implied
EBIT Margin5.95%5.39%
NOPAT (Earnings)359,371,350325,748,137
Enterprise Value3,708,917,1103,361,906,388

Valuation Details

MetricLowMidHigh
Enterprise Value3,152,579,5433,708,917,1104,265,254,676
(-) Net Debt-1,768,957,000-1,768,957,000-1,768,957,000
(=) Equity Value4,921,536,5435,477,874,1106,034,211,676
(/) Shares Outstanding3,286,9083,286,9083,286,908
(=) Fair Value$1,497.31$1,666.57$1,835.83
Live Price$1,382.00$1,382.00$1,382.00
Upside %8.34%20.59%32.84%

High-Upside EPV Screener

US Market Global Market
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