HEIWADO CO.,LTD. |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2,418 JPY | -0.82% |
|
-1.87% | +13.36% |
| Apr. 16 | Heiwado's Attributable Profit Up 7.9% in Fiscal 2024 | MT |
| Apr. 10 | Tranche Update on Heiwado Co.,Ltd.'s Equity Buyback Plan announced on February 19, 2024. | CI |
Valuation
| Fiscal Period: February | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 132,227 | 97,504 | 109,567 | 103,586 | 114,181 | 127,037 | - | - |
| Enterprise Value (EV) 1 | 153,862 | 125,717 | 116,942 | 99,053 | 109,645 | 108,253 | 127,037 | 127,037 |
| P/E ratio | 15.4 x | 16 x | 11.3 x | 9.73 x | 15.2 x | 16 x | 15.5 x | 14 x |
| Yield | 1.39% | 1.88% | 1.82% | 2.13% | 1.93% | 2.03% | 1.72% | 1.72% |
| Capitalization / Revenue | 0.3 x | 0.22 x | 0.25 x | 0.24 x | 0.27 x | 0.25 x | 0.29 x | 0.28 x |
| EV / Revenue | 0.3 x | 0.22 x | 0.25 x | 0.24 x | 0.27 x | 0.25 x | 0.29 x | 0.28 x |
| EV / EBITDA | 5.32 x | 4.47 x | 4.26 x | 3.8 x | 5.01 x | 4.97 x | 4.69 x | 4.4 x |
| EV / FCF | 16.5 x | -26.1 x | 5.39 x | 9.22 x | 444 x | -33.4 x | 39.7 x | 17.4 x |
| FCF Yield | 6.07% | -3.84% | 18.5% | 10.9% | 0.23% | -2.99% | 2.52% | 5.75% |
| Price to Book | 0.86 x | 0.62 x | 0.66 x | 0.59 x | 0.63 x | 0.58 x | 0.67 x | 0.64 x |
| Nbr of stocks (in thousands) | 52,450 | 52,450 | 52,449 | 52,449 | 52,449 | 52,107 | - | - |
| Reference price 2 | 2,521 | 1,859 | 2,089 | 1,975 | 2,177 | 2,438 | 2,438 | 2,438 |
| Announcement Date | 4/4/19 | 4/2/20 | 4/2/21 | 4/5/22 | 4/4/23 | 4/4/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: February | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 437,636 | 433,641 | 439,326 | 439,740 | 415,675 | 425,424 | 441,500 | 450,700 |
| EBITDA 1 | 24,845 | 21,823 | 25,745 | 27,270 | 22,790 | 25,566 | 27,066 | 28,866 |
| EBIT 1 | 13,550 | 10,463 | 14,037 | 15,362 | 11,279 | 13,257 | 13,000 | 13,700 |
| Operating Margin | 3.1% | 2.41% | 3.2% | 3.49% | 2.71% | 3.12% | 2.94% | 3.04% |
| Earnings before Tax (EBT) 1 | 13,328 | 9,636 | 14,334 | 15,852 | 11,912 | 10,529 | 13,100 | 14,000 |
| Net income 1 | 8,585 | 6,101 | 9,724 | 10,647 | 7,516 | 6,784 | 8,230 | 9,150 |
| Net margin | 1.96% | 1.41% | 2.21% | 2.42% | 1.81% | 1.59% | 1.86% | 2.03% |
| EPS 2 | 163.7 | 116.3 | 185.4 | 203.0 | 143.3 | 129.4 | 156.9 | 174.5 |
| Free Cash Flow 1 | 8,023 | -3,742 | 20,310 | 11,241 | 257 | -3,800 | 3,200 | 7,300 |
| FCF margin | 1.83% | -0.86% | 4.62% | 2.56% | 0.06% | -0.88% | 0.72% | 1.62% |
| FCF Conversion (EBITDA) | 32.29% | - | 78.89% | 41.22% | 1.13% | - | 11.82% | 25.29% |
| FCF Conversion (Net income) | 93.45% | - | 208.86% | 105.58% | 3.42% | - | 38.88% | 79.78% |
| Dividend per Share 2 | 35.00 | 35.00 | 38.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 |
| Announcement Date | 4/4/19 | 4/2/20 | 4/2/21 | 4/5/22 | 4/4/23 | 4/4/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: February | 2020 S1 | 2021 S1 | 2022 S1 | 2022 Q3 | 2023 Q1 | 2023 S1 | 2023 Q3 | 2024 Q1 | 2024 S1 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 213,328 | 212,347 | 215,961 | 106,746 | 98,747 | 203,210 | 102,533 | 100,905 | 207,960 | 104,538 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 5,547 | 5,811 | 7,054 | 2,809 | 1,885 | 4,825 | 2,164 | 2,595 | 6,386 | 1,889 |
| Operating Margin | 2.6% | 2.74% | 3.27% | 2.63% | 1.91% | 2.37% | 2.11% | 2.57% | 3.07% | 1.81% |
| Earnings before Tax (EBT) 1 | 5,702 | 6,635 | 7,823 | 3,204 | 2,338 | 4,794 | 2,705 | 2,664 | 6,456 | 1,924 |
| Net income 1 | 3,748 | 3,847 | 5,149 | 2,121 | 1,203 | 2,982 | 1,805 | 1,572 | 4,129 | 1,271 |
| Net margin | 1.76% | 1.81% | 2.38% | 1.99% | 1.22% | 1.47% | 1.76% | 1.56% | 1.99% | 1.22% |
| EPS 2 | 71.46 | 73.36 | 98.18 | 40.44 | 22.94 | 56.87 | 34.40 | 29.99 | 78.74 | 24.23 |
| Dividend per Share | 17.00 | 17.00 | 19.00 | - | - | 19.00 | - | - | 19.00 | - |
| Announcement Date | 10/3/19 | 10/1/20 | 9/30/21 | 12/24/21 | 6/30/22 | 9/29/22 | 12/27/22 | 6/30/23 | 9/28/23 | 12/28/23 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: February | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 21,635 | 28,213 | 7,375 | - | - | - | - | - |
| Net Cash position | - | - | - | 4,533 | 4,536 | - | - | - |
| Leverage (Debt/EBITDA) | 0.8708 x | 1.293 x | 0.2865 x | - | - | - | - | - |
| Free Cash Flow 1 | 8,023 | -3,742 | 20,310 | 11,241 | 257 | -3,800 | 3,200 | 7,300 |
| ROE (net income / shareholders' equity) | 5.7% | 3.9% | 6% | 6.2% | 4.2% | 3.7% | 4.4% | 4.7% |
| ROA (Net income/ Total Assets) | 5.02% | 3.88% | 5.06% | 5.68% | 4.36% | 4.75% | 4.6% | 4.7% |
| Assets 1 | 171,111 | 157,082 | 192,138 | 187,579 | 172,501 | 142,848 | 178,913 | 194,681 |
| Book Value Per Share 2 | 2,920 | 3,012 | 3,157 | 3,340 | 3,439 | 3,551 | 3,663 | 3,794 |
| Cash Flow per Share | 379.0 | 333.0 | 407.0 | 429.0 | 362.0 | 366.0 | - | - |
| Capex 1 | 12,961 | 20,968 | 13,556 | 7,841 | 14,794 | 19,674 | 20,000 | 18,000 |
| Capex / Sales | 2.96% | 4.84% | 3.09% | 1.78% | 3.56% | 4.62% | 4.53% | 3.99% |
| Announcement Date | 4/4/19 | 4/2/20 | 4/2/21 | 4/5/22 | 4/4/23 | 4/4/24 | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
2,438
JPY
Average target price
2,300
JPY
Spread / Average Target
-5.66%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +13.36% | 831M | |
| -8.84% | 39.19B | |
| +14.15% | 35.86B | |
| +7.21% | 34.22B | |
| +8.66% | 20.19B | |
| +1.68% | 14.19B | |
| -14.93% | 13.4B | |
| +20.06% | 11.96B | |
| -.--% | 11.82B | |
| -4.38% | 11.72B |
- Stock Market
- Equities
- 8276 Stock
- Financials Heiwado Co.,Ltd.