TSURUMI MANUFACTURING CO.,LTD. Financials Tsurumi Manufacturing Co.,Ltd.
Equities
6351
JP3536200003
Industrial Machinery & Equipment
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4,025 JPY | +0.37% |
|
+6.91% | +8.34% |
| May. 20 | Tsurumi Manufacturing’s Full-Year Profit Surges 32% | MT |
| May. 13 | Tsurumi Manufacturing Co.,Ltd. announces an Equity Buyback for 700,000 shares, representing 2.84% for ¥2,500 million. | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 49,651 | 47,960 | 45,444 | 45,466 | 50,821 | 98,031 | - | - |
| Enterprise Value (EV) 1 | 35,868 | 34,529 | 31,229 | 31,381 | 36,291 | 91,989 | 98,031 | 98,031 |
| P/E ratio | 12.4 x | 12.3 x | 10.9 x | 9.45 x | 8.16 x | 11.1 x | 16.4 x | 15.6 x |
| Yield | 1.56% | 1.75% | 1.98% | 2.2% | 2.12% | 1.34% | 1.1% | 1.1% |
| Capitalization / Revenue | 1.14 x | 1.05 x | 1 x | 0.89 x | 0.9 x | 1.47 x | 1.63 x | 1.56 x |
| EV / Revenue | 1.14 x | 1.05 x | 1 x | 0.89 x | 0.9 x | 1.47 x | 1.63 x | 1.56 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | 36,427,621 x | 22,369,208 x | 17,252,919 x | -561,307,587 x | 48,125,967 x | 20,213,020 x | - | - |
| FCF Yield | 0% | 0% | 0% | -0% | 0% | 0% | - | - |
| Price to Book | 0.85 x | 0.79 x | 0.69 x | 0.64 x | 0.66 x | 1.04 x | 1.12 x | 1.05 x |
| Nbr of stocks (in thousands) | 25,038 | 24,709 | 25,038 | 24,995 | 24,516 | 24,447 | - | - |
| Reference price 2 | 1,983 | 1,941 | 1,815 | 1,819 | 2,073 | 4,010 | 4,010 | 4,010 |
| Announcement Date | 5/17/19 | 5/15/20 | 5/14/21 | 5/12/22 | 5/12/23 | 5/13/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 43,461 | 45,604 | 45,325 | 51,214 | 56,219 | 62,629 | 60,000 | 63,000 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 4,945 | 5,166 | 5,549 | 5,508 | 7,263 | 8,941 | 7,500 | 8,000 |
| Operating Margin | 11.38% | 11.33% | 12.24% | 10.75% | 12.92% | 14.28% | 12.5% | 12.7% |
| Earnings before Tax (EBT) | 5,734 | 5,631 | 5,768 | 7,368 | 8,904 | 12,153 | - | - |
| Net income 1 | 4,013 | 3,952 | 4,156 | 4,817 | 6,262 | 8,288 | 6,000 | 6,300 |
| Net margin | 9.23% | 8.67% | 9.17% | 9.41% | 11.14% | 13.23% | 10% | 10% |
| EPS 2 | 160.3 | 157.8 | 166.0 | 192.5 | 254.0 | 337.6 | 244.3 | 256.5 |
| Free Cash Flow | 1,363 | 2,144 | 2,634 | -81 | 1,056 | 4,551 | - | - |
| FCF margin | 3.14% | 4.7% | 5.81% | -0.16% | 1.88% | 7.27% | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | 33.96% | 54.25% | 63.38% | - | 16.86% | 54.91% | - | - |
| Dividend per Share 2 | 31.00 | 34.00 | 36.00 | 40.00 | 44.00 | 50.00 | 44.00 | 44.00 |
| Announcement Date | 5/17/19 | 5/15/20 | 5/14/21 | 5/12/22 | 5/12/23 | 5/13/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 S1 | 2023 Q3 | 2024 Q1 | 2024 S1 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 20,449 | 20,230 | 22,151 | 12,126 | 13,466 | 26,086 | 13,341 | 14,129 | 29,719 | 14,125 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 2,060 | 2,203 | 2,421 | 1,188 | 1,327 | 2,567 | 2,502 | 1,763 | 4,103 | 2,190 |
| Operating Margin | 10.07% | 10.89% | 10.93% | 9.8% | 9.85% | 9.84% | 18.75% | 12.48% | 13.81% | 15.5% |
| Earnings before Tax (EBT) 1 | 2,299 | 2,548 | 2,915 | 1,633 | 2,533 | 4,759 | 1,596 | 3,781 | 6,949 | 1,516 |
| Net income 1 | 1,612 | 1,806 | 2,068 | 1,148 | 1,672 | 3,258 | 1,163 | 2,620 | 4,822 | 938 |
| Net margin | 7.88% | 8.93% | 9.34% | 9.47% | 12.42% | 12.49% | 8.72% | 18.54% | 16.23% | 6.64% |
| EPS 2 | 64.38 | 72.16 | 82.59 | 45.88 | 67.53 | 131.8 | 47.17 | 107.0 | 196.6 | 38.11 |
| Dividend per Share | 14.00 | 14.00 | 17.00 | - | - | 20.00 | - | - | 22.00 | - |
| Announcement Date | 11/8/19 | 11/9/20 | 11/9/21 | 2/9/22 | 8/9/22 | 11/9/22 | 2/9/23 | 8/9/23 | 11/9/23 | 2/9/24 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | 13,783 | 13,431 | 14,215 | 14,085 | 14,530 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | 1,363 | 2,144 | 2,634 | -81 | 1,056 | 4,551 | - | - |
| ROE (net income / shareholders' equity) | 7% | 6.6% | 6.5% | 7% | 8.5% | 10% | - | - |
| ROA (Net income/ Total Assets) | 8.1% | 7.34% | 8.08% | 8.73% | 9.65% | 11.8% | - | - |
| Assets 1 | 49,525 | 53,812 | 51,407 | 55,174 | 64,876 | 70,286 | - | - |
| Book Value Per Share 2 | 2,339 | 2,442 | 2,635 | 2,842 | 3,138 | 3,603 | 3,590 | 3,803 |
| Cash Flow per Share | 185.0 | 189.0 | 202.0 | 233.0 | 306.0 | 395.0 | - | - |
| Capex | 2,092 | 2,225 | 2,232 | 2,084 | 1,910 | 4,983 | - | - |
| Capex / Sales | 4.81% | 4.88% | 4.92% | 4.07% | 3.4% | 7.96% | - | - |
| Announcement Date | 5/17/19 | 5/15/20 | 5/14/21 | 5/12/22 | 5/12/23 | 5/13/24 | - | - |
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
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +8.34% | 628M | |
| +0.42% | 16.64B | |
| +21.54% | 6.57B | |
| -6.17% | 5.2B | |
| +2.64% | 4.59B | |
| +9.85% | 3.22B | |
| +34.87% | 2.01B | |
| +100.16% | 1.76B | |
| +2.26% | 1.25B | |
| +27.13% | 1.09B |
- Stock Market
- Equities
- 6351 Stock
- Financials Tsurumi Manufacturing Co.,Ltd.
