Financials Hokuetsu Industries Co., Ltd.

Equities

6364

JP3841400009

Industrial Machinery & Equipment

Market Closed - Japan Exchange 02:00:00 2024-05-31 am EDT 5-day change 1st Jan Change
2,218 JPY +3.79% Intraday chart for Hokuetsu Industries Co., Ltd. +6.74% -12.19%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 33,851 31,738 31,203 24,860 39,434 61,754 - -
Enterprise Value (EV) 1 25,061 22,185 20,898 14,017 27,865 56,130 61,754 61,754
P/E ratio 9 x 8.77 x 16.1 x 9.13 x 10.6 x 11.1 x 11 x 9.8 x
Yield 3.04% 3.23% 2.03% 3.43% 3.22% 2.83% 1.8% 1.8%
Capitalization / Revenue 0.83 x 0.76 x 0.95 x 0.68 x 0.8 x 1.08 x 1.16 x 1.09 x
EV / Revenue 0.83 x 0.76 x 0.95 x 0.68 x 0.8 x 1.08 x 1.16 x 1.09 x
EV / EBITDA 5.57 x 5.28 x - - - 8.13 x - -
EV / FCF 16,569,351 x 21,459,305 x 14,858,728 x 18,212,122 x 20,831,328 x - - -
FCF Yield 0% 0% 0% 0% 0% - - -
Price to Book 1.27 x 1.1 x 1.05 x 0.8 x 1.16 x 1.5 x 1.45 x 1.29 x
Nbr of stocks (in thousands) 29,359 29,306 28,785 28,443 28,207 27,842 - -
Reference price 2 1,153 1,083 1,084 874.0 1,398 2,218 2,218 2,218
Announcement Date 5/10/19 5/21/20 5/10/21 5/10/22 5/10/23 5/9/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 41,022 41,789 32,929 36,650 49,000 51,900 53,300 56,800
EBITDA 1 6,075 6,009 - - - 7,600 - -
EBIT 1 5,410 5,320 2,489 3,570 4,842 6,187 7,500 8,500
Operating Margin 13.19% 12.73% 7.56% 9.74% 9.88% 11.92% 14.07% 14.96%
Earnings before Tax (EBT) 1 5,560 5,383 2,895 4,046 5,377 7,275 7,500 8,500
Net income 1 3,759 3,621 1,944 2,748 3,752 5,098 5,600 6,300
Net margin 9.16% 8.66% 5.9% 7.5% 7.66% 9.82% 10.51% 11.09%
EPS 2 128.1 123.5 67.20 95.76 132.5 182.2 201.1 226.3
Free Cash Flow 2,043 1,479 2,100 1,365 1,893 - - -
FCF margin 4.98% 3.54% 6.38% 3.72% 3.86% - - -
FCF Conversion (EBITDA) 33.63% 24.61% - - - - - -
FCF Conversion (Net income) 54.35% 40.85% 108.02% 49.67% 50.45% - - -
Dividend per Share 2 35.00 35.00 22.00 30.00 45.00 57.00 40.00 40.00
Announcement Date 5/10/19 5/21/20 5/10/21 5/10/22 5/10/23 5/9/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 21,124 20,665 15,333 16,888 9,815 10,506 22,437 13,698 11,804 14,000 25,804 13,532 12,564 26,096
EBITDA - - - - - - - - - - - - - -
EBIT 1 2,741 2,579 763 1,683 886 806 2,461 2,031 1,585 2,010 3,595 1,849 742.3 2,592
Operating Margin 12.98% 12.48% 4.98% 9.97% 9.03% 7.67% 10.97% 14.83% 13.43% 14.36% 13.93% 13.67% 5.91% 9.93%
Earnings before Tax (EBT) 2,766 - 845 1,790 1,001 1,380 3,138 1,062 2,162 2,049 4,211 1,269 - -
Net income 1,867 1,754 516 1,235 666 946 2,149 729 1,504 1,423 2,927 875 - -
Net margin 8.84% 8.49% 3.37% 7.31% 6.79% 9% 9.58% 5.32% 12.74% 10.16% 11.34% 6.47% - -
EPS 63.66 - 17.76 42.88 23.20 33.35 75.71 25.78 53.39 50.68 104.1 31.46 - -
Dividend per Share 15.00 - 5.000 10.00 - - 15.00 - - - 20.00 - - -
Announcement Date 11/6/19 5/21/20 11/5/20 11/8/21 1/31/22 7/29/22 11/7/22 1/31/23 7/28/23 11/6/23 11/6/23 1/31/24 5/9/24 5/9/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 8,790 9,553 10,305 10,843 11,569 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2,043 1,479 2,100 1,365 1,893 - - -
ROE (net income / shareholders' equity) 14.7% 13.1% 6.6% 9% 11.5% 14.3% 13.9% 14%
ROA (Net income/ Total Assets) 13.6% 12.4% 6.63% 9.09% 10.9% 13.4% - -
Assets 1 27,594 29,192 29,307 30,227 34,543 38,144 - -
Book Value Per Share 2 907.0 981.0 1,036 1,098 1,207 1,347 1,528 1,715
Cash Flow per Share 151.0 147.0 99.60 131.0 166.0 223.0 - -
Capex 1 1,281 2,300 1,999 911 976 1,200 3,000 1,500
Capex / Sales 3.12% 5.5% 6.07% 2.49% 1.99% 2.34% 5.63% 2.64%
Announcement Date 5/10/19 5/21/20 5/10/21 5/10/22 5/10/23 5/9/24 - -
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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