Financials Kaga Electronics Co.,Ltd.

Equities

8154

JP3206200002

Electronic Equipment & Parts

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
6,050 JPY +3.60% Intraday chart for Kaga Electronics Co.,Ltd. +2.89% -1.31%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 55,773 46,715 68,132 85,439 131,569 158,920 - -
Enterprise Value (EV) 1 53,047 30,450 58,160 93,118 118,959 158,920 158,920 158,920
P/E ratio 6.96 x 7.98 x 5.97 x 5.65 x 5.7 x 7.95 x 7.57 x 7.22 x
Yield 3.94% 4.11% 3.23% 3.69% 4.39% 3.64% 3.64% 3.64%
Capitalization / Revenue 0.19 x 0.11 x 0.16 x 0.17 x 0.22 x 0.29 x 0.27 x 0.26 x
EV / Revenue 0.19 x 0.11 x 0.16 x 0.17 x 0.22 x 0.29 x 0.27 x 0.26 x
EV / EBITDA 5.99 x 3.66 x 4.66 x 3.47 x 3.63 x 4.97 x 4.67 x 4.41 x
EV / FCF -11,165,748 x 2,488,134 x 10,604,175 x - 4,981,792 x - - -
FCF Yield -0% 0% 0% - 0% - - -
Price to Book 0.73 x 0.6 x 0.75 x 0.81 x 1.02 x 1.1 x 1 x 0.91 x
Nbr of stocks (in thousands) 27,447 27,447 27,473 26,248 26,261 26,268 - -
Reference price 2 2,032 1,702 2,480 3,255 5,010 6,050 6,050 6,050
Announcement Date 5/14/19 5/21/20 5/13/21 5/12/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 292,779 443,615 422,365 495,827 608,064 550,000 580,000 610,000
EBITDA 1 9,310 12,768 14,634 24,653 36,249 32,000 34,000 36,000
EBIT 1 7,570 10,014 11,467 20,915 32,249 28,000 30,000 32,000
Operating Margin 2.59% 2.26% 2.71% 4.22% 5.3% 5.09% 5.17% 5.25%
Earnings before Tax (EBT) 9,649 9,286 14,472 21,348 32,460 - - -
Net income 1 8,014 5,852 11,399 15,401 23,070 20,000 21,000 22,000
Net margin 2.74% 1.32% 2.7% 3.11% 3.79% 3.64% 3.62% 3.61%
EPS 2 292.1 213.2 415.1 576.5 878.6 761.4 799.5 837.5
Free Cash Flow -4,995 18,775 6,425 - 26,410 - - -
FCF margin -1.71% 4.23% 1.52% - 4.34% - - -
FCF Conversion (EBITDA) - 147.05% 43.9% - 72.86% - - -
FCF Conversion (Net income) - 320.83% 56.36% - 114.48% - - -
Dividend per Share 2 80.00 70.00 80.00 120.0 220.0 220.0 220.0 220.0
Announcement Date 5/14/19 5/21/20 5/13/21 5/12/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2021 S2 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
Net sales 1 230,630 188,859 233,506 117,060 223,009 129,675 143,143 272,818 149,302 149,458 298,760 153,460 155,844 309,304 137,694 137,350 275,044 131,414
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 5,239 4,434 7,033 3,848 8,300 6,358 6,257 12,615 9,820 8,541 18,361 7,645 6,243 13,888 6,994 6,882 13,876 6,615
Operating Margin 2.27% 2.35% 3.01% 3.29% 3.72% 4.9% 4.37% 4.62% 6.58% 5.71% 6.15% 4.98% 4.01% 4.49% 5.08% 5.01% 5.05% 5.03%
Earnings before Tax (EBT) 1 5,302 12,126 - - 8,229 6,477 - - 9,982 - 18,951 8,183 - - 7,912 - 15,795 6,590
Net income 1 3,502 10,772 - - 5,624 4,790 - - 6,984 - 13,412 5,641 - - 5,767 - 11,404 4,588
Net margin 1.52% 5.7% - - 2.52% 3.69% - - 4.68% - 4.49% 3.68% - - 4.19% - 4.15% 3.49%
EPS 2 127.6 392.3 - - 207.4 180.4 - - 266.1 - 510.9 214.8 - - 219.6 - 434.2 174.6
Dividend per Share 30.00 30.00 - - 45.00 - - - - - 100.0 - - - - - 110.0 -
Announcement Date 11/7/19 11/5/20 5/13/21 11/4/21 11/4/21 2/3/22 5/12/22 5/12/22 8/4/22 11/8/22 11/8/22 2/7/23 5/11/23 5/11/23 8/3/23 11/8/23 11/8/23 2/7/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - 7,679 - - - -
Net Cash position 2,726 16,265 9,972 - 12,610 - - -
Leverage (Debt/EBITDA) - - - 0.3115 x - - - -
Free Cash Flow -4,995 18,775 6,425 - 26,410 - - -
ROE (net income / shareholders' equity) 10.9% 7.6% 13.5% 15.7% 19.6% - - -
ROA (Net income/ Total Assets) 4.58% 4.81% 5.06% 8.43% 11.7% - - -
Assets 1 175,012 121,635 225,446 182,730 196,727 - - -
Book Value Per Share 2 2,791 2,851 3,311 4,026 4,935 5,476 6,055 6,672
Cash Flow per Share 355.0 314.0 530.0 716.0 1,031 - - -
Capex 1 3,448 3,631 2,514 4,654 4,159 4,000 4,000 4,000
Capex / Sales 1.18% 0.82% 0.6% 0.94% 0.68% 0.73% 0.69% 0.66%
Announcement Date 5/14/19 5/21/20 5/13/21 5/12/22 5/11/23 - - -
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
BUY
Number of Analysts
1
Last Close Price
6,050 JPY
Average target price
8,000 JPY
Spread / Average Target
+32.23%
Consensus
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