HIROSHIMA ELECTRIC RAILWAY CO.,LTD. Financials Hiroshima Electric Railway Co.,Ltd.
Equities
9033
JP3798600007
Passenger Transportation, Ground & Sea
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 753 JPY | -0.26% |
|
+0.40% | -1.95% |
| 2023 | Hiroshima Electric Railway Co.,Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023 | CI |
| 2017 | Hiroshima Electric Railway Co.,Ltd. announces an Equity Buyback for 103 shares. | CI |
Valuation
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 34,269 | 34,117 | 33,116 | 29,000 | 25,790 | 24,808 |
| Enterprise Value (EV) 1 | 49,118 | 49,029 | 48,819 | 45,614 | 47,198 | 48,052 |
| P/E ratio | 40.1 x | 53.6 x | 52.6 x | -8.81 x | -24.5 x | 26.3 x |
| Yield | 0.71% | 0.71% | 0.73% | - | - | 0.73% |
| Capitalization / Revenue | 0.85 x | 0.93 x | 1.01 x | 1.14 x | 0.94 x | 0.9 x |
| EV / Revenue | 1.22 x | 1.34 x | 1.48 x | 1.8 x | 1.72 x | 1.75 x |
| EV / EBITDA | 16 x | 16.9 x | 17.5 x | -14.9 x | -28.7 x | -75.2 x |
| EV / FCF | -25.7 x | -33.1 x | -20.6 x | -14.7 x | -7.55 x | -5.78 x |
| FCF Yield | -3.89% | -3.02% | -4.85% | -6.78% | -13.2% | -17.3% |
| Price to Book | 0.83 x | 0.83 x | 0.81 x | 0.76 x | 0.68 x | 0.65 x |
| Nbr of stocks (in thousands) | 30,326 | 30,326 | 30,326 | 30,335 | 30,376 | 30,365 |
| Reference price 2 | 1,130 | 1,125 | 1,092 | 956.0 | 849.0 | 817.0 |
| Announcement Date | 6/29/18 | 6/28/19 | 6/29/20 | 6/29/21 | 6/30/22 | 6/30/23 |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 40,252 | 36,545 | 32,910 | 25,409 | 27,395 | 27,450 |
| EBITDA 1 | 3,065 | 2,893 | 2,783 | -3,061 | -1,645 | -639 |
| EBIT 1 | -224 | -385 | -309 | -6,057 | -4,523 | -3,211 |
| Operating Margin | -0.56% | -1.05% | -0.94% | -23.84% | -16.51% | -11.7% |
| Earnings before Tax (EBT) 1 | 1,480 | 1,056 | 1,079 | -2,710 | -1,229 | 1,100 |
| Net income 1 | 855 | 636 | 629 | -3,291 | -1,053 | 943 |
| Net margin | 2.12% | 1.74% | 1.91% | -12.95% | -3.84% | 3.44% |
| EPS 2 | 28.19 | 20.97 | 20.74 | -108.5 | -34.69 | 31.06 |
| Free Cash Flow 1 | -1,913 | -1,481 | -2,368 | -3,093 | -6,250 | -8,315 |
| FCF margin | -4.75% | -4.05% | -7.19% | -12.17% | -22.81% | -30.29% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | 8.000 | 8.000 | 8.000 | - | - | 6.000 |
| Announcement Date | 6/29/18 | 6/28/19 | 6/29/20 | 6/29/21 | 6/30/22 | 6/30/23 |
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 | 17,102 | 12,548 | 14,039 | 7,436 | 6,416 | 12,965 | 7,093 | 6,815 | 14,174 | 7,222 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 626 | -3,282 | -2,069 | -546 | -697 | -1,585 | -600 | -89 | -167 | -261 |
| Operating Margin | 3.66% | -26.16% | -14.74% | -7.34% | -10.86% | -12.23% | -8.46% | -1.31% | -1.18% | -3.61% |
| Earnings before Tax (EBT) 1 | 671 | -3,207 | -1,451 | -178 | 755 | 52 | -233 | 219 | 308 | -211 |
| Net income 1 | 488 | -3,157 | -1,320 | -140 | 635 | -42 | -271 | 169 | 234 | -290 |
| Net margin | 2.85% | -25.16% | -9.4% | -1.88% | 9.9% | -0.32% | -3.82% | 2.48% | 1.65% | -4.02% |
| EPS 2 | 16.09 | -104.1 | -43.50 | -4.630 | 20.94 | -1.410 | -8.920 | 5.580 | 7.710 | -9.560 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/11/19 | 11/11/20 | 11/10/21 | 2/14/22 | 8/10/22 | 11/14/22 | 2/13/23 | 8/10/23 | 11/13/23 | 2/13/24 |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 14,849 | 14,912 | 15,703 | 16,614 | 21,408 | 23,244 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.845 x | 5.155 x | 5.642 x | -5.428 x | -13.01 x | -36.38 x |
| Free Cash Flow 1 | -1,913 | -1,481 | -2,368 | -3,093 | -6,250 | -8,315 |
| ROE (net income / shareholders' equity) | 2.24% | 1.63% | 1.59% | -8.42% | -2.98% | 2.38% |
| ROA (Net income/ Total Assets) | -0.16% | -0.27% | -0.22% | -4.16% | -3.06% | -2.15% |
| Assets 1 | -543,893 | -235,120 | -290,934 | 79,090 | 34,386 | -43,844 |
| Book Value Per Share 2 | 1,361 | 1,354 | 1,356 | 1,265 | 1,245 | 1,263 |
| Cash Flow per Share 2 | 159.0 | 160.0 | 150.0 | 174.0 | 174.0 | 146.0 |
| Capex 1 | 5,552 | 4,362 | 5,279 | 5,267 | 3,750 | 4,398 |
| Capex / Sales | 13.79% | 11.94% | 16.04% | 20.73% | 13.69% | 16.02% |
| Announcement Date | 6/29/18 | 6/28/19 | 6/29/20 | 6/29/21 | 6/30/22 | 6/30/23 |
1JPY in Million2JPY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -1.69% | 147M | |
| +6.43% | 2.39B | |
| -12.41% | 2.26B | |
| -7.31% | 1.32B | |
| -0.64% | 617M | |
| -4.56% | 568M | |
| -4.46% | 292M | |
| +13.04% | 225M | |
| +1.99% | 211M | |
| +0.48% | 152M |
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