Financials Aichi Tokei Denki Co., Ltd.

Equities

7723

JP3104400001

Industrial Machinery & Equipment

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
2,315 JPY +1.18% Intraday chart for Aichi Tokei Denki Co., Ltd. +3.53% -1.28%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,818 21,003 22,295 23,856 22,979 35,547 - -
Enterprise Value (EV) 1 17,868 15,969 14,538 14,335 12,924 35,547 35,547 35,547
P/E ratio 7.36 x 8.92 x 7.45 x 8.55 x 6.64 x 9.74 x 9.35 x 9.23 x
Yield 3.2% 2.93% 2.99% 2.75% 3.68% 2.68% 2.68% 2.68%
Capitalization / Revenue 0.45 x 0.44 x 0.48 x 0.51 x 0.46 x 0.67 x 0.65 x 0.64 x
EV / Revenue 0.45 x 0.44 x 0.48 x 0.51 x 0.46 x 0.67 x 0.65 x 0.64 x
EV / EBITDA 4,617,044 x 5,182,026 x - - - - - -
EV / FCF 7,026,072 x 8,265,545 x - - - - - -
FCF Yield 0% 0% - - - - - -
Price to Book 0.72 x 0.7 x 0.65 x 0.68 x 0.6 x 0.86 x 0.81 x 0.76 x
Nbr of stocks (in thousands) 15,364 15,405 15,376 15,371 15,360 15,355 - -
Reference price 2 1,355 1,363 1,450 1,552 1,496 2,315 2,315 2,315
Announcement Date 5/10/19 5/11/20 5/11/21 5/10/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 46,722 48,118 46,225 46,483 50,160 53,000 54,500 55,500
EBITDA 4,509 4,053 - - - - - -
EBIT 1 3,414 2,985 3,002 3,287 3,980 4,500 4,700 4,800
Operating Margin 7.31% 6.2% 6.49% 7.07% 7.93% 8.49% 8.62% 8.65%
Earnings before Tax (EBT) 3,883 3,215 4,082 3,814 4,788 - - -
Net income 1 2,829 2,354 2,987 2,789 3,458 3,650 3,800 3,850
Net margin 6.05% 4.89% 6.46% 6% 6.89% 6.89% 6.97% 6.94%
EPS 2 184.2 152.9 194.6 181.4 225.4 237.7 247.5 250.7
Free Cash Flow 2,963 2,541 - - - - - -
FCF margin 6.34% 5.28% - - - - - -
FCF Conversion (EBITDA) 65.71% 62.69% - - - - - -
FCF Conversion (Net income) 104.74% 107.94% - - - - - -
Dividend per Share 2 43.33 40.00 43.33 42.67 55.00 62.00 62.00 62.00
Announcement Date 5/10/19 5/11/20 5/11/21 5/10/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 23,737 24,381 21,502 22,568 10,771 10,622 23,602 11,710 11,023 13,728 24,751 12,539 15,710 28,249
EBITDA - - - - - - - - - - - - - -
EBIT 1 1,400 1,585 879 1,284 905 349 1,017 922 661 1,149 1,810 1,176 1,514 2,690
Operating Margin 5.9% 6.5% 4.09% 5.69% 8.4% 3.29% 4.31% 7.87% 6% 8.37% 7.31% 9.38% 9.64% 9.52%
Earnings before Tax (EBT) 1,534 - 1,232 1,480 1,035 664 1,479 920 952 - 2,195 1,204 - -
Net income 1,162 - 966 1,119 743 464 1,077 679 683 - 1,637 907 - -
Net margin 4.9% - 4.49% 4.96% 6.9% 4.37% 4.56% 5.8% 6.2% - 6.61% 7.23% - -
EPS 75.52 - 63.10 72.75 144.8 30.27 70.19 44.26 44.69 - 106.8 59.13 - -
Dividend per Share 16.67 - 16.67 16.67 - - 21.00 - - - 31.00 - - -
Announcement Date 11/1/19 5/11/20 11/2/20 11/1/21 1/31/22 7/29/22 11/1/22 1/31/23 7/31/23 11/2/23 11/2/23 1/31/24 - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 2,950 5,034 7,757 9,521 10,055 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2,963 2,541 - - - - - -
ROE (net income / shareholders' equity) 10.1% 7.9% 9.3% 8% 9.4% - - -
ROA (Net income/ Total Assets) 7.32% 6.11% 6.02% 6.97% 8.58% - - -
Assets 1 38,668 38,556 49,633 39,997 40,325 - - -
Book Value Per Share 2 1,893 1,959 2,234 2,296 2,510 2,683 2,869 3,057
Cash Flow per Share 255.0 222.0 258.0 256.0 293.0 - - -
Capex 1 787 966 1,421 814 853 1,720 1,200 1,200
Capex / Sales 1.68% 2.01% 3.07% 1.75% 1.7% 3.25% 2.2% 2.16%
Announcement Date 5/10/19 5/11/20 5/11/21 5/10/22 5/11/23 - - -
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

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