Financials Yamato Corporation

Equities

1967

JP3940800000

Construction & Engineering

Market Closed - Japan Exchange 02:00:00 2024-05-08 am EDT 5-day change 1st Jan Change
1,067 JPY +3.29% Intraday chart for Yamato Corporation +5.54% +14.98%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 20,095 12,716 13,140 18,113 18,805 20,663
Enterprise Value (EV) 1 15,435 5,898 9,315 10,571 10,464 15,415
P/E ratio 7.83 x 5.4 x 5.52 x 7.94 x 6.82 x 11.1 x
Yield 1.56% 2.88% 2.95% 2.12% 3.41% 3.09%
Capitalization / Revenue 0.44 x 0.27 x 0.26 x 0.41 x 0.41 x 0.46 x
EV / Revenue 0.34 x 0.13 x 0.18 x 0.24 x 0.23 x 0.35 x
EV / EBITDA 4.05 x 1.7 x 2.28 x 3.03 x 2.54 x 5.42 x
EV / FCF 15.4 x 2.2 x -11.5 x 2.58 x 5.69 x -5.96 x
FCF Yield 6.48% 45.4% -8.72% 38.7% 17.6% -16.8%
Price to Book 0.77 x 0.47 x 0.47 x 0.57 x 0.56 x 0.6 x
Nbr of stocks (in thousands) 26,165 26,165 25,815 25,656 25,656 25,542
Reference price 2 768.0 486.0 509.0 706.0 733.0 809.0
Announcement Date 6/18/18 6/19/19 6/17/20 6/16/21 6/16/22 6/19/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 46,065 46,272 51,464 43,767 45,576 44,500
EBITDA 1 3,808 3,472 4,080 3,489 4,126 2,844
EBIT 1 3,463 3,063 3,639 3,082 3,678 2,116
Operating Margin 7.52% 6.62% 7.07% 7.04% 8.07% 4.76%
Earnings before Tax (EBT) 1 3,712 3,372 3,652 3,438 3,980 3,056
Net income 1 2,548 2,355 2,398 2,288 2,757 1,866
Net margin 5.53% 5.09% 4.66% 5.23% 6.05% 4.19%
EPS 2 98.13 90.01 92.25 88.94 107.5 72.83
Free Cash Flow 1 1,000 2,678 -812.2 4,093 1,839 -2,585
FCF margin 2.17% 5.79% -1.58% 9.35% 4.04% -5.81%
FCF Conversion (EBITDA) 26.26% 77.14% - 117.3% 44.57% -
FCF Conversion (Net income) 39.25% 113.73% - 178.87% 66.71% -
Dividend per Share 2 12.00 14.00 15.00 15.00 25.00 25.00
Announcement Date 6/18/18 6/19/19 6/17/20 6/16/21 6/16/22 6/19/23
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 25,006 20,067 22,281 11,637 11,386 21,135 10,666 10,610 20,550 13,824
EBITDA - - - - - - - - - -
EBIT 1 1,930 1,342 1,826 971 671 1,011 220 492 91 550
Operating Margin 7.72% 6.69% 8.2% 8.34% 5.89% 4.78% 2.06% 4.64% 0.44% 3.98%
Earnings before Tax (EBT) 1 2,038 1,499 2,108 1,059 727 1,216 459 577 327 546
Net income 1 1,376 1,006 1,429 718 453 788 183 388 208 111
Net margin 5.5% 5.01% 6.41% 6.17% 3.98% 3.73% 1.72% 3.66% 1.01% 0.8%
EPS 2 52.66 39.01 55.73 27.96 17.66 30.75 7.130 15.38 8.250 4.420
Dividend per Share - - - - - - - - - -
Announcement Date 10/30/19 10/28/20 10/27/21 1/27/22 7/27/22 10/26/22 1/31/23 8/4/23 11/6/23 2/5/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 4,660 6,818 3,825 7,542 8,341 5,248
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,000 2,678 -812 4,093 1,839 -2,585
ROE (net income / shareholders' equity) 10.5% 8.85% 8.69% 7.67% 8.48% 5.48%
ROA (Net income/ Total Assets) 5.86% 4.92% 5.8% 4.57% 5.1% 2.83%
Assets 1 43,492 47,819 41,353 50,065 54,091 65,960
Book Value Per Share 2 992.0 1,038 1,082 1,231 1,299 1,354
Cash Flow per Share 2 202.0 251.0 152.0 282.0 339.0 243.0
Capex 1 242 288 387 973 830 244
Capex / Sales 0.53% 0.62% 0.75% 2.22% 1.82% 0.55%
Announcement Date 6/18/18 6/19/19 6/17/20 6/16/21 6/16/22 6/19/23
1JPY in Million2JPY
Estimates
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