Financials IDEC Corporation

Equities

6652

JP3138800002

Electrical Components & Equipment

Delayed Japan Exchange 12:53:40 2024-04-30 am EDT 5-day change 1st Jan Change
2,794 JPY +2.31% Intraday chart for IDEC Corporation +6.44% -2.68%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 62,768 42,939 53,238 74,634 100,287 80,321 - -
Enterprise Value (EV) 1 75,391 56,708 65,572 82,225 107,366 85,008 81,301 79,262
P/E ratio 17 x 14.4 x 19.1 x 9.74 x 9.86 x 18.5 x 18 x 11.4 x
Yield 2.62% 3.65% 2.82% 3.89% 3.78% 4.76% 4.76% 4.94%
Capitalization / Revenue 1 x 0.74 x 0.99 x 1.05 x 1.2 x 1.12 x 1.12 x 1.02 x
EV / Revenue 1.2 x 0.97 x 1.21 x 1.16 x 1.28 x 1.18 x 1.14 x 1.01 x
EV / EBITDA 8.1 x 7.35 x 9.34 x 5.94 x 5.81 x 8.07 x 7.62 x 5.88 x
EV / FCF 37.8 x 18.7 x 16.9 x 11.5 x 36.8 x 20.3 x 10.8 x 12.9 x
FCF Yield 2.65% 5.34% 5.91% 8.69% 2.72% 4.92% 9.26% 7.77%
Price to Book 1.38 x 1 x 1.24 x 1.53 x 1.72 x 1.26 x 1.25 x 1.22 x
Nbr of stocks (in thousands) 32,897 31,343 29,993 29,007 29,196 29,411 - -
Reference price 2 1,908 1,370 1,775 2,573 3,435 2,731 2,731 2,731
Announcement Date 5/10/19 5/22/20 5/14/21 5/13/22 5/12/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 62,757 58,355 53,983 70,789 83,869 71,816 71,577 78,385
EBITDA 1 9,303 7,720 7,022 13,833 18,491 10,532 10,675 13,484
EBIT 1 5,728 4,704 4,041 9,672 14,060 6,034 6,522 10,174
Operating Margin 9.13% 8.06% 7.49% 13.66% 16.76% 8.4% 9.11% 12.98%
Earnings before Tax (EBT) 1 5,420 4,680 4,251 11,270 14,401 6,243 6,007 8,811
Net income 1 3,700 3,006 2,803 7,896 10,144 4,341 4,458 7,054
Net margin 5.9% 5.15% 5.19% 11.15% 12.1% 6.04% 6.23% 9%
EPS 2 112.5 95.19 92.83 264.1 348.4 147.8 151.6 239.8
Free Cash Flow 1 1,997 3,028 3,876 7,149 2,921 4,180 7,530 6,156
FCF margin 3.18% 5.19% 7.18% 10.1% 3.48% 5.82% 10.52% 7.85%
FCF Conversion (EBITDA) 21.47% 39.22% 55.2% 51.68% 15.8% 39.69% 70.54% 45.65%
FCF Conversion (Net income) 53.97% 100.73% 138.28% 90.54% 28.8% 96.29% 168.93% 87.27%
Dividend per Share 2 50.00 50.00 50.00 100.0 130.0 130.0 130.0 135.0
Announcement Date 5/10/19 5/22/20 5/14/21 5/13/22 5/12/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 Q2 2022 S1 2022 Q3 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 29,802 25,387 17,586 34,856 17,399 20,157 - 43,180 20,927 - 18,180 19,620 37,800 16,541 16,891 16,980 17,294 17,576 18,404
EBITDA - - - - - - - - - - - - - - - - - - -
EBIT 1 2,516 1,626 2,553 4,853 2,341 3,153 4,406 7,559 3,872 2,629 1,665 2,381 4,046 604 1,384 1,101 1,536 1,358 2,049
Operating Margin 8.44% 6.4% 14.52% 13.92% 13.45% 15.64% - 17.51% 18.5% - 9.16% 12.14% 10.7% 3.65% 8.19% 6.48% 8.88% 7.73% 11.13%
Earnings before Tax (EBT) 2,679 1,804 - 5,022 2,497 3,591 - 8,147 3,387 - 2,091 - 4,558 466 - - - - -
Net income 1,849 1,090 - 3,526 1,777 2,555 - 5,694 2,305 - 1,467 - 3,174 263 - - - - -
Net margin 6.2% 4.29% - 10.12% 10.21% 12.68% - 13.19% 11.01% - 8.07% - 8.4% 1.59% - - - - -
EPS 58.16 35.89 - 117.6 59.23 88.09 - 196.0 79.00 - 50.16 - 108.3 8.860 - - - - -
Dividend per Share 25.00 25.00 - 40.00 - - - 65.00 - - - - 65.00 - - - - - -
Announcement Date 11/1/19 11/4/20 11/2/21 11/2/21 2/3/22 8/4/22 11/4/22 11/4/22 2/3/23 5/12/23 8/3/23 11/2/23 11/2/23 2/2/24 - - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 12,623 13,769 12,334 7,591 7,079 4,687 980 -
Net Cash position 1 - - - - - - - 1,059
Leverage (Debt/EBITDA) 1.357 x 1.784 x 1.756 x 0.5488 x 0.3828 x 0.445 x 0.0918 x -
Free Cash Flow 1 1,997 3,028 3,876 7,149 2,921 4,180 7,530 6,156
ROE (net income / shareholders' equity) 8.2% 6.8% 6.5% 17.2% 18.9% 7.1% 6.8% 10%
ROA (Net income/ Total Assets) 4.1% 3.42% 4.68% 11.4% 14.5% 4.1% 4% 6.1%
Assets 1 90,293 88,023 59,856 69,564 70,146 105,878 111,438 115,639
Book Value Per Share 2 1,383 1,366 1,432 1,678 1,998 2,171 2,178 2,248
Cash Flow per Share 195.0 191.0 192.0 373.0 470.0 - - -
Capex 1 4,122 3,900 3,567 2,503 4,088 3,200 3,500 3,800
Capex / Sales 6.57% 6.68% 6.61% 3.54% 4.87% 4.46% 4.89% 4.85%
Announcement Date 5/10/19 5/22/20 5/14/21 5/13/22 5/12/23 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
2,731 JPY
Average target price
3,125 JPY
Spread / Average Target
+14.43%
Consensus
  1. Stock Market
  2. Equities
  3. 6652 Stock
  4. Financials IDEC Corporation