EDION CORPORATION |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,627 JPY | +1.37% |
|
+1.94% | +3.50% |
| Mar. 04 | EDION Corporation acquired Azabu Co., Ltd. | CI |
| 2023 | Sanfrecce Hiroshima FC Co., Ltd. announced that it has received ¥1.879161 billion in funding from EDION Corporation | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 107,469 | 95,067 | 132,714 | 116,101 | 126,215 | 161,458 | - | - |
| Enterprise Value (EV) 1 | 161,167 | 138,458 | 146,407 | 141,775 | 158,996 | 161,458 | 161,458 | 161,458 |
| P/E ratio | 9.17 x | 8.81 x | 7.98 x | 9.05 x | 11.4 x | 18.6 x | 17.4 x | 17.5 x |
| Yield | 3.31% | 3.81% | 3.71% | 3.88% | 3.43% | 2.74% | 2.74% | 2.74% |
| Capitalization / Revenue | 0.15 x | 0.13 x | 0.17 x | 0.16 x | 0.18 x | 0.22 x | 0.22 x | 0.22 x |
| EV / Revenue | 0.15 x | 0.13 x | 0.17 x | 0.16 x | 0.18 x | 0.22 x | 0.22 x | 0.22 x |
| EV / EBITDA | 3.88 x | 3.99 x | 3.47 x | 3.8 x | - | 6.09 x | 5.67 x | 5.35 x |
| EV / FCF | 6.3 x | 4.82 x | 3.79 x | 2,002 x | 33.2 x | -3.82 x | 12.4 x | 11.3 x |
| FCF Yield | 15.9% | 20.7% | 26.4% | 0.05% | 3.01% | -26.2% | 8.05% | 8.86% |
| Price to Book | 0.6 x | 0.53 x | 0.68 x | 0.58 x | 0.63 x | 0.76 x | 0.75 x | 0.76 x |
| Nbr of stocks (in thousands) | 111,252 | 106,458 | 107,114 | 102,292 | 98,451 | 100,597 | - | - |
| Reference price 2 | 966.0 | 893.0 | 1,239 | 1,135 | 1,282 | 1,605 | 1,605 | 1,605 |
| Announcement Date | 5/9/19 | 5/14/20 | 5/14/21 | 5/10/22 | 5/9/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 718,638 | 733,575 | 768,113 | 713,768 | 720,584 | 720,000 | 732,000 | 745,000 |
| EBITDA 1 | 27,734 | 23,798 | 38,268 | 30,515 | - | 26,500 | 28,500 | 30,200 |
| EBIT 1 | 17,842 | 12,284 | 26,785 | 18,796 | 19,186 | 14,800 | 16,300 | 17,500 |
| Operating Margin | 2.48% | 1.67% | 3.49% | 2.63% | 2.66% | 2.06% | 2.23% | 2.35% |
| Earnings before Tax (EBT) 1 | 17,391 | 13,506 | 25,273 | 19,764 | 16,901 | 12,500 | 13,400 | 14,700 |
| Net income 1 | 11,642 | 10,977 | 16,633 | 13,109 | 11,393 | 8,700 | 9,300 | 10,200 |
| Net margin | 1.62% | 1.5% | 2.17% | 1.84% | 1.58% | 1.21% | 1.27% | 1.37% |
| EPS 2 | 105.3 | 101.3 | 155.3 | 125.4 | 112.4 | 86.50 | 92.40 | 91.90 |
| Free Cash Flow 1 | 17,050 | 19,719 | 34,989 | 58 | 3,803 | -42,300 | 13,000 | 14,300 |
| FCF margin | 2.37% | 2.69% | 4.56% | 0.01% | 0.53% | -5.88% | 1.78% | 1.92% |
| FCF Conversion (EBITDA) | 61.48% | 82.86% | 91.43% | 0.19% | - | - | 45.61% | 47.35% |
| FCF Conversion (Net income) | 146.45% | 179.64% | 210.36% | 0.44% | 33.38% | - | 139.78% | 140.2% |
| Dividend per Share 2 | 32.00 | 34.00 | 46.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 |
| Announcement Date | 5/9/19 | 5/14/20 | 5/14/21 | 5/10/22 | 5/9/23 | - | - | - |
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 | 396,736 | 382,629 | 348,768 | 180,040 | 164,854 | 351,115 | 187,439 | 160,941 | 352,577 | 185,031 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 10,761 | 16,695 | 10,010 | 3,016 | 3,121 | 10,333 | 3,883 | 1,771 | 10,779 | 1,498 |
| Operating Margin | 2.71% | 4.36% | 2.87% | 1.68% | 1.89% | 2.94% | 2.07% | 1.1% | 3.06% | 0.81% |
| Earnings before Tax (EBT) 1 | 11,639 | 15,599 | 11,194 | 3,622 | 3,186 | 10,469 | 3,714 | 1,805 | 10,798 | 1,546 |
| Net income 1 | 9,264 | 10,395 | 7,606 | 2,280 | 2,171 | 7,070 | 2,312 | 1,093 | 7,216 | 835 |
| Net margin | 2.34% | 2.72% | 2.18% | 1.27% | 1.32% | 2.01% | 1.23% | 0.68% | 2.05% | 0.45% |
| EPS 2 | 84.40 | 97.10 | 71.56 | 22.41 | 21.22 | 69.11 | 22.81 | 11.11 | 73.30 | 7.950 |
| Dividend per Share | 18.00 | 20.00 | 22.00 | - | - | 22.00 | - | - | 22.00 | - |
| Announcement Date | 10/31/19 | 11/12/20 | 11/10/21 | 2/4/22 | 8/3/22 | 11/4/22 | 2/3/23 | 8/2/23 | 11/2/23 | 2/2/24 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 53,698 | 43,391 | 13,693 | 25,674 | 32,781 | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.936 x | 1.823 x | 0.3578 x | 0.8414 x | - | - | - | - |
| Free Cash Flow 1 | 17,050 | 19,719 | 34,989 | 58 | 3,803 | -42,300 | 13,000 | 14,300 |
| ROE (net income / shareholders' equity) | 6.7% | 6.1% | 8.9% | 6.7% | 5.7% | 4.2% | 4.3% | 4.5% |
| ROA (Net income/ Total Assets) | 5.21% | 3.79% | 7.55% | 5.65% | 5.15% | 3.8% | 3.8% | 4.1% |
| Assets 1 | 223,575 | 289,916 | 220,161 | 232,008 | 221,176 | 228,947 | 244,737 | 248,780 |
| Book Value Per Share 2 | 1,602 | 1,686 | 1,810 | 1,950 | 2,048 | 2,102 | 2,150 | 2,103 |
| Cash Flow per Share | 195.0 | 205.0 | 255.0 | 231.0 | 217.0 | - | - | - |
| Capex 1 | 11,254 | 8,928 | 6,632 | 7,441 | 5,900 | 69,000 | 10,000 | 10,000 |
| Capex / Sales | 1.57% | 1.22% | 0.86% | 1.04% | 0.82% | 9.58% | 1.37% | 1.34% |
| Announcement Date | 5/9/19 | 5/14/20 | 5/14/21 | 5/10/22 | 5/9/23 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
1,605
JPY
Average target price
1,350
JPY
Spread / Average Target
-15.89%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.50% | 1.03B | |
| -4.19% | 16.16B | |
| +14.97% | 4.32B | |
| +28.27% | 3.17B | |
| +9.03% | 1.95B | |
| +13.99% | 1.61B | |
| +8.44% | 1.16B | |
| +27.00% | 1.15B | |
| +2.27% | 959M | |
| +22.91% | 938M |
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- Financials EDION Corporation
