Financials Kyoritsu Electric Corporation

Equities

6874

JP3253850006

Electrical Components & Equipment

Market Closed - Japan Exchange 12:22:03 2024-04-26 am EDT 5-day change 1st Jan Change
3,320 JPY -0.15% Intraday chart for Kyoritsu Electric Corporation +3.27% +3.91%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 10,130 9,727 8,330 8,451 7,867 11,912
Enterprise Value (EV) 1 10,284 8,712 5,417 4,044 2,935 7,092
P/E ratio 9.92 x 7 x 6.51 x 9.78 x 7.4 x 7.79 x
Yield 1.89% 2.28% 2.66% 2.62% 2.81% 2.36%
Capitalization / Revenue 0.31 x 0.29 x 0.26 x 0.31 x 0.28 x 0.35 x
EV / Revenue 0.31 x 0.26 x 0.17 x 0.15 x 0.1 x 0.21 x
EV / EBITDA 5.54 x 3.7 x 2.51 x 2.79 x 1.76 x 2.87 x
EV / FCF 40.3 x 6.33 x 2.36 x 2.61 x 6.94 x -50.6 x
FCF Yield 2.48% 15.8% 42.3% 38.3% 14.4% -1.98%
Price to Book 0.95 x 0.82 x 0.65 x 0.63 x 0.55 x 0.74 x
Nbr of stocks (in thousands) 4,024 4,024 4,024 4,024 4,024 4,024
Reference price 2 2,517 2,417 2,070 2,100 1,955 2,960
Announcement Date 9/27/18 9/27/19 9/28/20 9/29/21 9/28/22 9/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 33,027 34,125 32,060 27,294 28,331 33,616
EBITDA 1 1,856 2,354 2,157 1,452 1,672 2,471
EBIT 1 1,682 2,175 1,974 1,271 1,491 2,273
Operating Margin 5.09% 6.37% 6.16% 4.66% 5.26% 6.76%
Earnings before Tax (EBT) 1 1,723 2,153 2,021 1,337 1,665 2,350
Net income 1 1,021 1,390 1,279 864 1,063 1,530
Net margin 3.09% 4.07% 3.99% 3.17% 3.75% 4.55%
EPS 2 253.7 345.4 317.8 214.7 264.1 380.2
Free Cash Flow 1 254.9 1,376 2,293 1,548 423 -140.2
FCF margin 0.77% 4.03% 7.15% 5.67% 1.49% -0.42%
FCF Conversion (EBITDA) 13.73% 58.44% 106.32% 106.65% 25.3% -
FCF Conversion (Net income) 24.96% 98.97% 179.3% 179.22% 39.79% -
Dividend per Share 2 47.50 55.00 55.00 55.00 55.00 70.00
Announcement Date 9/27/18 9/27/19 9/28/20 9/29/21 9/28/22 9/28/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2021 S1 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1
Net sales 1 - 13,081 6,441 13,576 8,067 6,943 15,600 10,047 7,699 16,532
EBITDA - - - - - - - - - -
EBIT 1 - 426 276 733 587 259 932 999 365 1,010
Operating Margin - 3.26% 4.29% 5.4% 7.28% 3.73% 5.97% 9.94% 4.74% 6.11%
Earnings before Tax (EBT) 1 - 487 346 847 609 279 972 1,024 387 1,094
Net income 1 - 290 175 517 414 135 607 703 175 646
Net margin - 2.22% 2.72% 3.81% 5.13% 1.94% 3.89% 7% 2.27% 3.91%
EPS 2 - 72.16 43.63 128.7 102.7 33.79 151.0 174.6 43.64 160.6
Dividend per Share - - - - - - - - - -
Announcement Date - 2/5/21 11/9/21 2/9/22 5/9/22 11/8/22 2/7/23 5/8/23 11/7/23 2/6/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 154 - - - - -
Net Cash position 1 - 1,015 2,913 4,407 4,932 4,820
Leverage (Debt/EBITDA) 0.083 x - - - - -
Free Cash Flow 1 255 1,376 2,293 1,549 423 -140
ROE (net income / shareholders' equity) 10.3% 12.6% 10.5% 6.52% 7.6% 9.87%
ROA (Net income/ Total Assets) 4.88% 5.98% 5.19% 3.29% 3.76% 5.14%
Assets 1 20,930 23,250 24,629 26,227 28,268 29,766
Book Value Per Share 2 2,648 2,931 3,175 3,349 3,565 4,023
Cash Flow per Share 2 356.0 675.0 1,146 1,562 1,693 1,640
Capex 1 100 129 100 102 645 406
Capex / Sales 0.3% 0.38% 0.31% 0.37% 2.28% 1.21%
Announcement Date 9/27/18 9/27/19 9/28/20 9/29/21 9/28/22 9/28/23
1JPY in Million2JPY
Estimates
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