Financials Inaba Denki Sangyo Co.,Ltd.

Equities

9934

JP3146200005

Electrical Components & Equipment

Delayed Japan Exchange 10:07:19 2024-04-30 pm EDT 5-day change 1st Jan Change
3,645 JPY -1.09% Intraday chart for Inaba Denki Sangyo Co.,Ltd. +4.74% +7.21%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 131,303 120,003 127,570 147,571 137,547 159,837
Enterprise Value (EV) 1 72,846 59,584 58,581 72,900 60,322 92,337
P/E ratio 14.8 x 12.7 x 11.2 x 13.2 x 11.4 x 10.5 x
Yield 2.98% 3.27% 4.34% 3.75% 4.03% 3.46%
Capitalization / Revenue 0.51 x 0.43 x 0.43 x 0.53 x 0.48 x 0.5 x
EV / Revenue 0.28 x 0.21 x 0.2 x 0.26 x 0.21 x 0.29 x
EV / EBITDA 4.51 x 3.53 x 3.26 x 4.28 x 3.37 x 4.51 x
EV / FCF 11.8 x 6.76 x 4.74 x 7.73 x 7.22 x -46.5 x
FCF Yield 8.5% 14.8% 21.1% 12.9% 13.9% -2.15%
Price to Book 1.11 x 0.97 x 1 x 1.09 x 0.98 x 1.06 x
Nbr of stocks (in thousands) 55,814 56,011 55,417 55,311 55,373 55,307
Reference price 2 2,352 2,142 2,302 2,668 2,484 2,890
Announcement Date 6/26/18 6/25/19 6/23/20 6/22/21 6/28/22 6/27/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 258,107 278,525 293,717 277,369 289,071 316,947
EBITDA 1 16,158 16,883 17,974 17,018 17,887 20,471
EBIT 1 13,380 14,115 16,111 15,455 16,262 18,641
Operating Margin 5.18% 5.07% 5.49% 5.57% 5.63% 5.88%
Earnings before Tax (EBT) 1 13,482 14,389 16,857 16,581 17,704 21,083
Net income 1 8,866 9,462 11,563 11,323 12,266 15,427
Net margin 3.44% 3.4% 3.94% 4.08% 4.24% 4.87%
EPS 2 158.6 168.1 206.0 202.0 218.5 275.8
Free Cash Flow 1 6,191 8,819 12,348 9,432 8,361 -1,986
FCF margin 2.4% 3.17% 4.2% 3.4% 2.89% -0.63%
FCF Conversion (EBITDA) 38.31% 52.24% 68.7% 55.43% 46.74% -
FCF Conversion (Net income) 69.83% 93.21% 106.79% 83.3% 68.16% -
Dividend per Share 2 70.00 70.00 100.0 100.0 100.0 100.0
Announcement Date 6/26/18 6/25/19 6/23/20 6/22/21 6/28/22 6/27/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2020 S2 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 142,940 150,777 125,850 132,672 68,845 67,841 144,121 75,741 74,299 158,787 83,925
EBITDA - - - - - - - - - - -
EBIT 1 8,926 7,185 7,254 7,933 3,669 4,424 8,900 4,620 4,450 9,799 5,219
Operating Margin 6.24% 4.77% 5.76% 5.98% 5.33% 6.52% 6.18% 6.1% 5.99% 6.17% 6.22%
Earnings before Tax (EBT) 1 9,052 7,805 8,285 8,729 3,857 5,536 10,926 4,931 5,194 10,969 5,269
Net income 1 6,094 5,469 5,682 6,140 2,574 3,842 7,502 3,356 3,616 7,484 3,555
Net margin 4.26% 3.63% 4.51% 4.63% 3.74% 5.66% 5.21% 4.43% 4.87% 4.71% 4.24%
EPS 2 109.5 - 102.2 110.2 46.00 69.23 135.0 60.20 64.89 134.0 63.44
Dividend per Share 50.00 - 50.00 50.00 - - 50.00 - - 60.00 -
Announcement Date 10/31/19 5/15/20 10/30/20 10/29/21 1/31/22 7/29/22 10/31/22 1/30/23 7/31/23 10/30/23 1/31/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 58,457 60,419 68,989 74,671 77,225 67,500
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 6,191 8,819 12,348 9,433 8,361 -1,986
ROE (net income / shareholders' equity) 7.74% 7.84% 9.23% 8.59% 8.86% 10.5%
ROA (Net income/ Total Assets) 4.43% 4.41% 4.86% 4.47% 4.47% 4.84%
Assets 1 200,045 214,743 238,093 253,039 274,512 318,503
Book Value Per Share 2 2,126 2,204 2,300 2,438 2,546 2,716
Cash Flow per Share 2 1,053 1,085 1,239 1,348 1,398 1,040
Capex 1 1,069 746 1,217 2,989 989 1,391
Capex / Sales 0.41% 0.27% 0.41% 1.08% 0.34% 0.44%
Announcement Date 6/26/18 6/25/19 6/23/20 6/22/21 6/28/22 6/27/23
1JPY in Million2JPY
Estimates
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