KAORI HEAT TREATMENT CO., LTD. Financials Kaori Heat Treatment Co., Ltd.
Equities
8996
TW0008996000
Industrial Machinery & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 496 TWD | -2.94% |
|
+13.76% | +122.42% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,675 | 4,916 | 5,756 | 16,804 | 19,933 | 44,335 | - | - |
| Enterprise Value (EV) 1 | 4,675 | 4,916 | 5,756 | 17,988 | 20,688 | 45,296 | 45,509 | 45,101 |
| P/E ratio | - | - | 38.6 x | 55.8 x | 34.6 x | 66.1 x | 33.1 x | 29.3 x |
| Yield | - | 3.09% | - | 0.8% | 1.79% | 0.83% | 1.48% | 1.65% |
| Capitalization / Revenue | 2.24 x | 2.37 x | - | 5.91 x | 4.61 x | 9.72 x | 5.57 x | 4.7 x |
| EV / Revenue | 2.24 x | 2.37 x | - | 6.33 x | 4.78 x | 9.93 x | 5.71 x | 4.78 x |
| EV / EBITDA | - | - | - | 39.1 x | 24.6 x | 47.8 x | 24.3 x | 21.9 x |
| EV / FCF | - | -9.36 x | - | -46.5 x | 62.7 x | 467 x | 176 x | 40.6 x |
| FCF Yield | - | -10.7% | - | -2.15% | 1.6% | 0.21% | 0.57% | 2.46% |
| Price to Book | 2.56 x | 2.56 x | - | 8.16 x | 7.37 x | 16.1 x | 11.6 x | 9.4 x |
| Nbr of stocks (in thousands) | 89,384 | 89,384 | 89,384 | 89,384 | 89,384 | 89,384 | - | - |
| Reference price 2 | 52.30 | 55.00 | 64.40 | 188.0 | 223.0 | 496.0 | 496.0 | 496.0 |
| Announcement Date | 3/22/20 | 3/24/21 | 3/28/22 | 3/25/23 | 3/15/24 | - | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,083 | 2,076 | - | 2,844 | 4,326 | 4,560 | 7,964 | 9,439 |
| EBITDA 1 | - | - | - | 460 | 840.6 | 947.5 | 1,871 | 2,058 |
| EBIT 1 | 204 | 170.3 | - | 346.1 | 711.4 | 797.5 | 1,748 | 1,922 |
| Operating Margin | 9.79% | 8.2% | - | 12.17% | 16.45% | 17.49% | 21.95% | 20.37% |
| Earnings before Tax (EBT) 1 | - | - | - | 389.9 | 729.6 | 852.5 | 1,746 | 1,936 |
| Net income 1 | - | - | 149.2 | 301 | 576.5 | 687 | 1,382 | 1,547 |
| Net margin | - | - | - | 10.59% | 13.33% | 15.07% | 17.35% | 16.39% |
| EPS 2 | - | - | 1.670 | 3.370 | 6.450 | 7.505 | 14.99 | 16.95 |
| Free Cash Flow 1 | - | -525.2 | - | -387.1 | 330.2 | 97 | 258.3 | 1,110 |
| FCF margin | - | -25.29% | - | -13.61% | 7.63% | 2.13% | 3.24% | 11.77% |
| FCF Conversion (EBITDA) | - | - | - | - | 39.28% | 10.24% | 13.81% | 53.96% |
| FCF Conversion (Net income) | - | - | - | - | 57.27% | 14.12% | 18.7% | 71.78% |
| Dividend per Share 2 | - | 1.700 | - | 1.500 | 4.000 | 4.110 | 7.362 | 8.200 |
| Announcement Date | 3/22/20 | 3/24/21 | 3/28/22 | 3/25/23 | 3/15/24 | - | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 761.2 | 899.4 | 970.5 | 1,308 | 1,148 | 899.6 | 797.9 | 1,002 | 1,379 | 1,592 | 1,725 | 2,004 |
| EBITDA 1 | - | - | - | - | 268.6 | 268.4 | 108.9 | 134.9 | 184 | 281 | 348 | 381 | 488 |
| EBIT 1 | - | 98.66 | 122.7 | 164.6 | 237.8 | 235.8 | 73.24 | 97.84 | 142.5 | 242 | 315.5 | 331.7 | 407.3 |
| Operating Margin | - | 12.96% | 13.64% | 16.96% | 18.18% | 20.54% | 8.14% | 12.26% | 14.22% | 17.55% | 19.82% | 19.23% | 20.32% |
| Earnings before Tax (EBT) 1 | - | 119 | 129.2 | 158.6 | 265 | 263.4 | 42.66 | 151.1 | 142.3 | 248 | 309.3 | 324 | 406.5 |
| Net income 1 | 61.71 | 92.28 | 100.5 | 126.7 | 207.6 | 206.1 | 36.13 | 128.6 | 113.3 | 196 | 244.3 | 258.5 | 324.5 |
| Net margin | - | 12.12% | 11.17% | 13.05% | 15.88% | 17.96% | 4.02% | 16.11% | 11.31% | 14.21% | 15.35% | 14.99% | 16.19% |
| EPS 2 | 0.6900 | 1.030 | 1.130 | 1.420 | 2.320 | 2.300 | 0.4000 | 1.440 | 1.233 | 2.123 | 2.647 | 2.830 | 3.545 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/8/22 | 11/4/22 | 3/25/23 | 5/10/23 | 8/10/23 | 11/13/23 | 3/15/24 | 5/14/24 | - | - | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 1,184 | 755 | 961 | 1,174 | 766 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | 2.573 x | 0.8985 x | 1.014 x | 0.6275 x | 0.3722 x |
| Free Cash Flow 1 | - | -525 | - | -387 | 330 | 97 | 258 | 1,111 |
| ROE (net income / shareholders' equity) | - | 6.01% | - | 15.3% | 24.2% | 25.2% | 38.9% | 35.3% |
| ROA (Net income/ Total Assets) | - | 3.6% | - | 7.95% | 12.8% | 13.8% | 22% | 20% |
| Assets 1 | - | - | - | 3,784 | 4,492 | 4,996 | 6,273 | 7,754 |
| Book Value Per Share 2 | 20.40 | 21.50 | - | 23.00 | 30.20 | 30.70 | 42.70 | 52.70 |
| Cash Flow per Share 2 | - | - | - | -3.220 | 7.590 | 3.290 | 6.260 | 16.00 |
| Capex 1 | - | 584 | - | 99.2 | 349 | 300 | 310 | 340 |
| Capex / Sales | - | 28.11% | - | 3.49% | 8.06% | 6.58% | 3.89% | 3.6% |
| Announcement Date | 3/22/20 | 3/24/21 | 3/28/22 | 3/25/23 | 3/15/24 | - | - | - |
1TWD in Million2TWD
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
496
TWD
Average target price
515.8
TWD
Spread / Average Target
+3.98%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +122.42% | 1.38B | |
| +16.10% | 88.97B | |
| +14.29% | 67.68B | |
| +20.84% | 37.7B | |
| +7.70% | 28.13B | |
| +8.90% | 27.51B | |
| +1.26% | 26.25B | |
| +19.29% | 25.22B | |
| +3.65% | 23.33B | |
| +21.15% | 18.95B |
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- 8996 Stock
- Financials Kaori Heat Treatment Co., Ltd.
