Financials Fudo Tetra Corporation

Equities

1813

JP3825600004

Construction & Engineering

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
2,284 JPY -0.39% Intraday chart for Fudo Tetra Corporation +6.18% +1.02%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 23,350 20,313 29,824 23,157 24,824 34,769 - -
Enterprise Value (EV) 1 10,286 14,836 18,991 17,816 21,409 34,769 34,769 34,769
P/E ratio 9.6 x 7.34 x 10 x 11.3 x 11.5 x 20.4 x 11.6 x 9.66 x
Yield 3.47% 4.29% 3.12% 3.94% 3.68% 2.63% 2.85% 3.06%
Capitalization / Revenue 0.35 x 0.29 x 0.41 x 0.35 x 0.35 x 0.52 x 0.48 x 0.42 x
EV / Revenue 0.35 x 0.29 x 0.41 x 0.35 x 0.35 x 0.52 x 0.48 x 0.42 x
EV / EBITDA - - - - - - - -
EV / FCF -4.47 x -3.17 x 3.43 x -7.15 x -16 x 49.8 x 20 x 12.4 x
FCF Yield -22.4% -31.5% 29.1% -14% -6.24% 2.01% 5% 8.08%
Price to Book 0.89 x 0.74 x 1.02 x 0.77 x 0.79 x - - -
Nbr of stocks (in thousands) 16,192 15,833 15,485 15,215 15,220 15,223 - -
Reference price 2 1,442 1,283 1,926 1,522 1,631 2,284 2,284 2,284
Announcement Date 5/13/19 5/13/20 5/14/21 5/13/22 5/12/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 67,081 71,200 72,308 66,778 70,466 67,500 72,300 82,000
EBITDA - - - - - - - -
EBIT 1 3,582 4,497 4,518 3,297 3,602 2,350 4,700 5,800
Operating Margin 5.34% 6.32% 6.25% 4.94% 5.11% 3.48% 6.5% 7.07%
Earnings before Tax (EBT) 1 3,711 4,328 4,629 2,964 3,452 2,450 4,700 5,800
Net income 1 2,438 2,777 2,990 2,063 2,166 1,700 3,000 3,600
Net margin 3.63% 3.9% 4.14% 3.09% 3.07% 2.52% 4.15% 4.39%
EPS 2 150.2 174.7 192.2 135.1 142.3 111.7 197.1 236.5
Free Cash Flow 1 -5,225 -6,405 8,689 -3,240 -1,548 698 1,740 2,810
FCF margin -7.79% -9% 12.02% -4.85% -2.2% 1.03% 2.41% 3.43%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - 290.6% - - 41.06% 58% 78.06%
Dividend per Share 2 50.00 55.00 60.00 60.00 60.00 60.00 65.00 70.00
Announcement Date 5/13/19 5/13/20 5/14/21 5/13/22 5/12/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 33,361 37,839 30,938 41,370 16,244 32,309 17,895 16,574 34,469 14,134 15,795 29,929 20,573 19,964 40,537 16,016 17,408 33,424 18,289 15,787 34,076
EBITDA - - - - - - - - - - - - - - - - - - - - -
EBIT 1 2,332 2,165 1,937 2,581 931 1,401 941 955 1,896 167 746 913 1,631 1,058 2,689 181 1,282 1,463 1,034 -147 887
Operating Margin 6.99% 5.72% 6.26% 6.24% 5.73% 4.34% 5.26% 5.76% 5.5% 1.18% 4.72% 3.05% 7.93% 5.3% 6.63% 1.13% 7.36% 4.38% 5.65% -0.93% 2.6%
Earnings before Tax (EBT) 1 2,336 1,992 1,902 2,727 935 1,408 623 933 1,556 268 778 1,046 1,362 1,044 2,406 271 1,412 1,683 1,012 -255 790
Net income 1 1,609 1,168 1,249 1,741 654 949 411 703 1,114 104 628 732 783 651 1,434 145 1,008 1,153 575 -28 547
Net margin 4.82% 3.09% 4.04% 4.21% 4.03% 2.94% 2.3% 4.24% 3.23% 0.74% 3.98% 2.45% 3.81% 3.26% 3.54% 0.91% 5.79% 3.45% 3.14% -0.18% 1.61%
EPS 100.8 - 79.93 - - 61.92 27.06 - - 6.830 - 48.12 51.42 - - 9.500 - 75.75 37.74 - -
Dividend per Share - - - - - - - - - - - - - - - - - - - - -
Announcement Date 11/8/19 5/13/20 11/9/20 5/14/21 11/8/21 11/8/21 2/10/22 5/13/22 5/13/22 8/9/22 11/11/22 11/11/22 2/10/23 5/12/23 5/12/23 8/9/23 11/10/23 11/10/23 2/9/24 - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 13,064 5,477 10,833 5,341 3,415 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -5,225 -6,405 8,689 -3,240 -1,548 698 1,740 2,810
ROE (net income / shareholders' equity) 9.6% 10.4% 10.5% 7% 7.1% - - -
ROA (Net income/ Total Assets) 6.81% 8.26% 8.82% 6.38% 6.4% - - -
Assets 1 35,780 33,621 33,910 32,334 33,833 - - -
Book Value Per Share 1,612 1,732 1,893 1,969 2,064 - - -
Cash Flow per Share 223.0 243.0 279.0 243.0 248.0 - - -
Capex 1 1,126 1,534 2,466 1,818 2,108 2,500 2,500 2,500
Capex / Sales 1.68% 2.15% 3.41% 2.72% 2.99% 3.7% 3.46% 3.05%
Announcement Date 5/13/19 5/13/20 5/14/21 5/13/22 5/12/23 - - -
1JPY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
2,284 JPY
Average target price
3,100 JPY
Spread / Average Target
+35.73%
Consensus
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  4. Financials Fudo Tetra Corporation