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HITACHI, LTD. |
Delayed
Other stock markets
|
|
5-day change | 1st Jan Change | |
| 10,485.00 JPY | +1.94% | +0.53% | +56.63% | |
| Nov. 20 | Panasonic shares surge as stake sale plan sparks restructuring hopes | RE |
| Nov. 17 | TOP NEWS: FirstGroup, Hitachi form joint venture for decarbonisation | AN |
Valuation
| Fiscal Period : March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3 461 688 | 3 036 819 | 4 838 080 | 5 962 899 | 6 799 327 | 9 535 922 | - | - |
| Enterprise Value (EV) 1 | 3 658 866 | 3 709 530 | 6 219 550 | 7 744 469 | 7 832 476 | 10 758 092 | 10 578 925 | 10 302 705 |
| P/E ratio | 15,6x | 34,6x | 9,64x | 10,2x | 10,6x | 17,4x | 16,4x | 14,3x |
| Yield | 2,51% | 3,02% | 2,10% | 2,03% | 2,00% | 1,56% | 1,62% | 1,74% |
| Capitalization / Revenue | 0,37x | 0,35x | 0,55x | 0,58x | 0,62x | 1,03x | 1,08x | 1,01x |
| EV / Revenue | 0,39x | 0,42x | 0,71x | 0,75x | 0,72x | 1,16x | 1,19x | 1,10x |
| EV / EBITDA | 3,26x | 3,39x | 6,30x | 6,06x | 6,15x | 8,71x | 8,28x | 7,38x |
| EV / FCF | 8,18x | 106x | 18,6x | -24,3x | 8,01x | 15,4x | 20,3x | 18,9x |
| FCF Yield | 12,2% | 0,95% | 5,37% | -4,12% | 12,5% | 6,51% | 4,94% | 5,29% |
| Price to Book | 1,06x | 0,96x | 1,37x | 1,37x | 1,38x | 1,80x | 1,69x | 1,57x |
| Nbr of stocks (in thousands) | 965 603 | 966 217 | 966 843 | 967 218 | 937 580 | 927 168 | - | - |
| Reference price 2 | 3 585 | 3 143 | 5 004 | 6 165 | 7 252 | 10 285 | 10 285 | 10 285 |
| Announcement Date | 26/04/19 | 29/05/20 | 28/04/21 | 28/04/22 | 27/04/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period : March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9 480 619 | 8 767 263 | 8 729 196 | 10 264 602 | 10 881 150 | 9 257 161 | 8 854 144 | 9 406 832 |
| EBITDA 1 | 1 123 020 | 1 095 041 | 986 843 | 1 278 488 | 1 274 454 | 1 234 869 | 1 277 974 | 1 396 109 |
| EBIT 1 | 754 976 | 661 883 | 495 180 | 738 236 | 748 144 | 737 190 | 811 352 | 916 361 |
| Operating Margin | 7,96% | 7,55% | 5,67% | 7,19% | 6,88% | 7,96% | 9,16% | 9,74% |
| Earnings before Tax (EBT) 1 | 516 502 | 180 268 | 844 443 | 839 333 | 819 971 | 773 480 | 812 818 | 920 446 |
| Net income 1 | 222 546 | 87 596 | 501 613 | 583 470 | 649 124 | 551 740 | 581 392 | 659 351 |
| Net margin | 2,35% | 1,00% | 5,75% | 5,68% | 5,97% | 5,96% | 6,57% | 7,01% |
| EPS 2 | 230 | 90,7 | 519 | 604 | 685 | 590 | 627 | 718 |
| Free Cash Flow 1 | 447 153 | 35 094 | 334 288 | -318 923 | 978 108 | 700 671 | 522 249 | 545 096 |
| FCF margin | 4,72% | 0,40% | 3,83% | -3,11% | 8,99% | 7,57% | 5,90% | 5,79% |
| FCF Conversion (EBITDA) | 39,8% | 3,20% | 33,9% | - | 76,7% | 56,7% | 40,9% | 39,0% |
| FCF Conversion (Net income) | 201% | 40,1% | 66,6% | - | 151% | 127% | 89,8% | 82,7% |
| Dividend per Share 2 | 90,0 | 95,0 | 105 | 125 | 145 | 161 | 166 | 179 |
| Announcement Date | 04/26/19 | 05/29/20 | 04/28/21 | 04/28/22 | 04/27/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period : March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 Q1 | 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 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4 220 000 | 4 547 263 | 3 760 057 | 4 969 139 | 2 367 437 | 2 465 228 | 4 832 665 | 2 514 000 | 2 917 937 | 5 431 937 | 2 569 816 | 2 846 963 | 5 416 779 | 2 692 017 | 2 772 354 | 5 464 371 | 2 322 488 | 2 637 581 | 4 960 069 | 2 054 127 | 2 265 420 | 1 858 770 | 2 071 413 | 3 830 000 | 2 120 000 | 4 530 000 |
| EBITDA 1 | - | - | - | - | 261 412 | 311 691 | - | 299 663 | 396 195 | - | - | 352 600 | - | 306 100 | 340 980 | - | 251 903 | 320 500 | - | 285 120 | 374 942 | 246 894 | 299 417 | - | - | - |
| EBIT 1 | 297 200 | 364 683 | 180 788 | 314 392 | 130 483 | 179 572 | 310 055 | 174 405 | 253 776 | 428 181 | 121 553 | 203 076 | 324 629 | 202 870 | 220 645 | 423 515 | 130 546 | 194 936 | 325 482 | 176 251 | 236 516 | 136 023 | 193 049 | 318 000 | 192 000 | 422 000 |
| Operating Margin | 7,04% | 8,02% | 4,81% | 6,33% | 5,51% | 7,28% | 6,42% | 6,94% | 8,70% | 7,88% | 4,73% | 7,13% | 5,99% | 7,54% | 7,96% | 7,75% | 5,62% | 7,39% | 6,56% | 8,58% | 10,4% | 7,32% | 9,32% | 8,30% | 9,06% | 9,32% |
| Earnings before Tax (EBT) 1 | 288 976 | - | 384 254 | 460 189 | 166 855 | 253 252 | 420 107 | 173 149 | 246 077 | 419 226 | 76 606 | 205 539 | 282 145 | 174 674 | 363 152 | 537 826 | 115 485 | 206 571 | 322 056 | 196 286 | 275 012 | 133 000 | 195 000 | 328 000 | 197 000 | 432 000 |
| Net income 1 | 189 293 | - | 250 755 | 250 858 | 122 231 | 200 213 | 322 444 | 128 341 | 132 685 | 261 026 | 37 158 | 135 357 | 172 515 | 119 717 | 356 892 | 476 609 | 70 021 | 139 082 | 209 103 | 121 780 | 216 816 | 93 280 | 136 380 | 235 325 | 136 474 | 318 525 |
| Net margin | 4,49% | - | 6,67% | 5,05% | 5,16% | 8,12% | 6,67% | 5,11% | 4,55% | 4,81% | 1,45% | 4,75% | 3,18% | 4,45% | 12,9% | 8,72% | 3,01% | 5,27% | 4,22% | 5,93% | 9,57% | 5,02% | 6,58% | 6,14% | 6,44% | 7,03% |
| EPS 2 | 196 | - | 260 | 260 | 126 | 207 | 334 | 133 | 137 | 270 | 38,5 | 141 | 180 | 127 | 378 | - | 74,8 | 149 | 224 | 136 | 222 | 99,8 | 146 | 251 | 146 | 340 |
| Dividend per Share 2 | 45,0 | - | 50,0 | 55,0 | - | 60,0 | 60,0 | - | 65,0 | 65,0 | - | 70,0 | 70,0 | - | - | 75,0 | - | 80,0 | 80,0 | - | 75,0 | - | 85,0 | 90,0 | - | 95,0 |
| Announcement Date | 10/30/19 | 05/29/20 | 10/28/20 | 04/28/21 | 07/30/21 | 10/27/21 | 10/27/21 | 02/02/22 | 04/28/22 | 04/28/22 | 07/29/22 | 10/28/22 | 10/28/22 | 02/01/23 | 04/27/23 | 04/27/23 | 07/28/23 | 10/27/23 | 10/27/23 | - | - | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period : March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 197 178 | 672 711 | 1 381 470 | 1 781 570 | 1 033 149 | 1 222 170 | 1 043 004 | 766 784 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0,18x | 0,61x | 1,40x | 1,39x | 0,81x | 0,99x | 0,82x | 0,55x |
| Free Cash Flow 1 | 447 153 | 35 094 | 334 288 | -318 923 | 978 108 | 700 671 | 522 249 | 545 096 |
| ROE (net income / shareholders' equity) | 6,80% | 2,70% | 15,0% | 14,8% | 14,0% | 10,9% | 10,8% | 11,4% |
| Shareholders' equity 1 | 3 272 735 | 3 244 296 | 3 344 087 | 3 942 365 | 4 636 600 | 5 050 403 | 5 404 498 | 5 798 108 |
| ROA (Net income/ Total Assets) | 5,23% | 1,84% | 4,61% | 6,52% | 6,21% | 5,27% | 5,21% | 5,77% |
| Assets 1 | 4 251 239 | 4 751 511 | 10 880 976 | 8 946 827 | 10 445 297 | 10 476 067 | 11 157 016 | 11 419 805 |
| Book Value Per Share 2 | 3 379 | 3 270 | 3 646 | 4 489 | 5 272 | 5 700 | 6 070 | 6 561 |
| Cash Flow per Share 2 | 632 | 539 | 1 028 | 1 163 | 1 240 | 1 131 | 1 143 | 1 226 |
| Capex 1 | 382 351 | 322 894 | 254 750 | 296 968 | 252 638 | 347 262 | 312 236 | 315 152 |
| Capex / Sales | 4,03% | 3,68% | 2,92% | 2,89% | 2,32% | 3,75% | 3,53% | 3,35% |
| Announcement Date | 04/26/19 | 05/29/20 | 04/28/21 | 04/28/22 | 04/27/23 | - | - | - |
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 :
B+
Sell
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
10,285.00JPY
Average target price
11,286.67JPY
Spread / Average Target
+9.74%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +56.63% | 62 949 M $ | |
| +16.47% | 780 B $ | |
| -2.56% | 239 B $ | |
| +45.36% | 129 B $ | |
| -8.58% | 128 B $ | |
| +9.95% | 72 462 M $ | |
| -17.39% | 54 387 M $ | |
| -27.55% | 53 370 M $ | |
| +56.03% | 28 519 M $ | |
| -.--% | 25 399 M $ |
- Stock
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- Stock Hitachi, Ltd. - Japan Exchange
- Financials Hitachi, Ltd.
