Financials Ibiden Co.,Ltd.

Equities

4062

JP3148800000

Semiconductors

Market Closed - Japan Exchange 02:00:00 2024-05-24 am EDT 5-day change 1st Jan Change
5,681 JPY -1.88% Intraday chart for Ibiden Co.,Ltd. +9.00% -27.31%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 235,013 331,314 711,168 844,629 734,559 793,601 - -
Enterprise Value (EV) 1 193,212 306,193 743,236 834,072 728,939 881,660 892,040 880,993
P/E ratio 71.1 x 29.2 x 27.7 x 20.5 x 14.1 x 29.5 x 20.3 x 14.6 x
Yield 2.08% 1.48% 0.69% 0.66% 0.95% 0.6% 0.76% 0.95%
Capitalization / Revenue 0.81 x 1.12 x 2.2 x 2.11 x 1.76 x 2.51 x 1.97 x 1.75 x
EV / Revenue 0.66 x 1.03 x 2.3 x 2.08 x 1.75 x 2.38 x 2.22 x 1.94 x
EV / EBITDA 5.48 x 6.97 x 10 x 6.75 x 5.73 x 9.42 x 8.09 x 5.95 x
EV / FCF -35.2 x -9.53 x -18.4 x 20.5 x 33.5 x 14.7 x -8.97 x 20.5 x
FCF Yield -2.84% -10.5% -5.44% 4.87% 2.98% 6.78% -11.2% 4.89%
Price to Book 0.87 x 1.23 x 2.25 x 2.32 x 1.75 x 1.88 x 1.61 x 1.48 x
Nbr of stocks (in thousands) 139,722 139,736 139,719 139,608 139,650 139,694 - -
Reference price 2 1,682 2,371 5,090 6,050 5,260 5,681 5,681 5,681
Announcement Date 4/24/19 4/27/20 4/27/21 4/27/22 5/1/23 5/1/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 291,125 295,999 323,461 401,138 417,549 370,511 402,512 453,688
EBITDA 1 35,273 43,907 74,047 123,536 127,276 93,600 110,224 148,073
EBIT 1 10,137 19,685 38,634 70,821 72,362 47,568 57,362 78,847
Operating Margin 3.48% 6.65% 11.94% 17.66% 17.33% 12.84% 14.25% 17.38%
Earnings before Tax (EBT) 1 9,326 17,525 32,165 59,252 71,702 47,435 56,930 80,944
Net income 1 3,306 11,329 25,698 41,232 52,187 31,490 39,564 54,859
Net margin 1.14% 3.83% 7.94% 10.28% 12.5% 8.5% 9.83% 12.09%
EPS 2 23.66 81.08 183.9 295.4 373.7 225.4 280.5 388.9
Free Cash Flow 1 -5,486 -32,140 -40,438 40,650 21,729 59,775 -99,472 43,066
FCF margin -1.88% -10.86% -12.5% 10.13% 5.2% 16.13% -24.71% 9.49%
FCF Conversion (EBITDA) - - - 32.91% 17.07% 63.86% - 29.08%
FCF Conversion (Net income) - - - 98.59% 41.64% 189.82% - 78.5%
Dividend per Share 2 35.00 35.00 35.00 40.00 50.00 40.00 43.33 54.00
Announcement Date 4/24/19 4/27/20 4/27/21 4/27/22 5/1/23 5/1/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4 2025 S2 2026 S1 2026 S2
Net sales 1 144,354 151,645 143,991 179,470 103,497 195,832 103,402 101,904 205,306 98,318 115,261 213,579 103,102 100,868 - 94,601 93,039 187,640 92,527 90,344 182,871 90,300 95,404 182,430 102,562 105,452 202,916 204,031 220,279
EBITDA 1 - - - - - - - - - - - - - - - - 27,207 - 24,852 23,080 47,932 23,498 27,146 55,688 29,346 28,624 63,038 69,534 78,634
EBIT 1 7,647 12,038 15,182 23,452 19,296 35,018 19,411 16,392 35,803 18,089 23,315 41,404 19,771 11,187 - 8,181 15,891 24,072 12,875 10,621 23,496 11,267 13,586 29,444 15,652 16,352 34,869 38,734 39,834
Operating Margin 5.3% 7.94% 10.54% 13.07% 18.64% 17.88% 18.77% 16.09% 17.44% 18.4% 20.23% 19.39% 19.18% 11.09% - 8.65% 17.08% 12.83% 13.91% 11.76% 12.85% 12.48% 14.24% 16.14% 15.26% 15.51% 17.18% 18.98% 18.08%
Earnings before Tax (EBT) 1 6,486 - 14,283 - 17,213 31,334 20,654 7,264 - 19,025 24,150 43,175 18,811 9,716 - 12,341 15,857 28,198 12,563 6,674 - 14,937 14,481 - 16,031 16,237 - - -
Net income 1 3,896 7,433 11,684 14,014 12,689 22,254 15,188 3,790 18,978 13,713 18,099 31,812 12,243 8,132 - 7,288 10,604 17,892 9,503 4,095 13,598 8,322 9,614 20,473 10,810 10,795 22,468 25,965 26,735
Net margin 2.7% 4.9% 8.11% 7.81% 12.26% 11.36% 14.69% 3.72% 9.24% 13.95% 15.7% 14.89% 11.87% 8.06% - 7.7% 11.4% 9.54% 10.27% 4.53% 7.44% 9.22% 10.08% 11.22% 10.54% 10.24% 11.07% 12.73% 12.14%
EPS 2 27.89 - 83.61 100.3 90.89 159.4 108.8 27.15 135.9 98.23 129.6 227.8 87.67 58.22 - 52.19 75.91 128.1 68.03 29.31 97.34 55.47 65.27 138.8 77.10 79.51 152.3 176.1 181.3
Dividend per Share 2 15.00 - 15.00 - 20.00 20.00 - 20.00 20.00 - 30.00 30.00 - 20.00 20.00 - 20.00 20.00 - 20.00 - - 25.00 - - 25.00 - - -
Announcement Date 10/31/19 4/27/20 10/28/20 4/27/21 10/29/21 10/29/21 2/4/22 4/27/22 4/27/22 8/2/22 10/27/22 10/27/22 2/2/23 5/1/23 5/1/23 8/2/23 10/26/23 10/26/23 2/1/24 5/1/24 5/1/24 - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 32,068 - - 47,280 98,438 87,392
Net Cash position 1 41,801 25,121 - 10,557 5,620 47,167 - -
Leverage (Debt/EBITDA) - - 0.4331 x - - 0.4839 x 0.8931 x 0.5902 x
Free Cash Flow 1 -5,486 -32,140 -40,438 40,650 21,729 59,775 -99,473 43,066
ROE (net income / shareholders' equity) 1.2% 4.2% 8.8% 12.1% 13.3% 6.9% 8.42% 11.5%
ROA (Net income/ Total Assets) 2.93% 4.54% 7.42% 12% 10% 5.15% 4.93% 6.48%
Assets 1 112,975 249,678 346,230 344,417 521,294 611,911 803,285 846,619
Book Value Per Share 2 1,939 1,920 2,263 2,611 3,002 3,543 3,536 3,844
Cash Flow per Share 2 204.0 254.0 437.0 673.0 767.0 555.0 671.0 917.0
Capex 1 24,041 58,236 79,392 61,662 131,275 146,583 170,622 61,920
Capex / Sales 8.26% 19.67% 24.54% 15.37% 31.44% 39.56% 42.39% 13.65%
Announcement Date 4/24/19 4/27/20 4/27/21 4/27/22 5/1/23 5/1/24 - -
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

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
5,681 JPY
Average target price
7,533 JPY
Spread / Average Target
+32.60%
Consensus
  1. Stock Market
  2. Equities
  3. 4062 Stock
  4. Financials Ibiden Co.,Ltd.