Financials Kameda Seika Co.,Ltd.

Equities

2220

JP3219800004

Food Processing

Delayed Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
4,140 JPY +0.12% Intraday chart for Kameda Seika Co.,Ltd. +2.86% +0.85%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 111,958 104,261 101,625 83,808 92,663 87,285 - -
Enterprise Value (EV) 1 120,712 113,849 110,786 96,058 107,905 103,614 102,132 100,039
P/E ratio 25.4 x 23.4 x 21.4 x 18.9 x 49 x 39.7 x 24.7 x 23 x
Yield 0.96% 1.05% 1.1% 1.36% 1.25% 1.35% 1.36% 1.37%
Capitalization / Revenue 1.12 x 1 x 0.98 x 0.98 x 0.98 x 0.91 x 0.89 x 0.88 x
EV / Revenue 1.21 x 1.1 x 1.07 x 1.13 x 1.14 x 1.08 x 1.05 x 1.01 x
EV / EBITDA 12.8 x 10.8 x 10.7 x 9.59 x 11.2 x 9.64 x 9.01 x 8.42 x
EV / FCF -378 x 273 x 47.5 x -62.5 x -687 x 53.5 x 43.1 x 30.1 x
FCF Yield -0.26% 0.37% 2.11% -1.6% -0.15% 1.87% 2.32% 3.33%
Price to Book 2.2 x 1.97 x 1.75 x 1.32 x 1.43 x 1.31 x 1.27 x 1.22 x
Nbr of stocks (in thousands) 21,084 21,084 21,084 21,084 21,084 21,083 - -
Reference price 2 5,310 4,945 4,820 3,975 4,395 4,140 4,140 4,140
Announcement Date 5/10/19 5/11/20 5/13/21 5/9/22 5/10/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 100,041 103,808 103,305 85,163 94,992 95,500 97,649 99,323
EBITDA 1 9,402 10,565 10,306 10,016 9,654 10,752 11,338 11,886
EBIT 1 5,338 5,813 5,620 4,863 3,564 4,400 4,855 5,254
Operating Margin 5.34% 5.6% 5.44% 5.71% 3.75% 4.61% 4.97% 5.29%
Earnings before Tax (EBT) 1 6,391 5,669 6,330 6,181 2,901 6,200 5,678 6,077
Net income 1 4,402 4,463 4,757 4,428 1,892 2,200 3,540 3,795
Net margin 4.4% 4.3% 4.6% 5.2% 1.99% 2.3% 3.63% 3.82%
EPS 2 208.8 211.7 225.6 210.0 89.78 104.3 167.9 180.0
Free Cash Flow 1 -319 417 2,334 -1,536 -157 1,936 2,367 3,329
FCF margin -0.32% 0.4% 2.26% -1.8% -0.17% 2.03% 2.42% 3.35%
FCF Conversion (EBITDA) - 3.95% 22.65% - - 18.01% 20.88% 28.01%
FCF Conversion (Net income) - 9.34% 49.06% - - 88% 66.86% 87.71%
Dividend per Share 2 51.00 52.00 53.00 54.00 55.00 56.00 56.33 56.67
Announcement Date 5/10/19 5/11/20 5/13/21 5/9/22 5/10/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4
Net sales 1 48,649 48,898 19,894 39,650 22,881 22,632 23,287 22,733 46,020 25,820 23,152 22,222 21,845 44,067 26,069 25,364
EBITDA - - - - - - - - - - - - - - - -
EBIT 1 1,402 1,666 648 1,263 1,706 1,894 1,248 443 1,691 1,439 434 699 155 854 2,041 1,505
Operating Margin 2.88% 3.41% 3.26% 3.19% 7.46% 8.37% 5.36% 1.95% 3.67% 5.57% 1.87% 3.15% 0.71% 1.94% 7.83% 5.93%
Earnings before Tax (EBT) 1,654 2,030 1,507 2,168 2,079 1,934 2,006 895 2,901 -476 476 1,450 624 2,074 1,820 -
Net income 1 1,188 1,556 1,322 1,724 1,351 1,353 1,367 498 1,865 -269 296 797 183 980 1,003 217
Net margin 2.44% 3.18% 6.65% 4.35% 5.9% 5.98% 5.87% 2.19% 4.05% -1.04% 1.28% 3.59% 0.84% 2.22% 3.85% 0.86%
EPS 56.39 73.83 - 81.80 64.09 - 64.87 - 88.49 -12.75 - 37.85 - 46.48 47.61 -
Dividend per Share 15.00 15.00 - 15.00 - - - - 15.00 - - - - 15.00 - -
Announcement Date 10/31/19 10/30/20 11/1/21 11/1/21 2/4/22 5/9/22 8/5/22 11/2/22 11/2/22 2/3/23 5/10/23 8/4/23 11/1/23 11/1/23 2/2/24 -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,754 9,588 9,161 12,250 15,242 16,329 14,847 12,754
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.9311 x 0.9075 x 0.8889 x 1.223 x 1.579 x 1.519 x 1.309 x 1.073 x
Free Cash Flow 1 -319 417 2,334 -1,536 -157 1,936 2,367 3,329
ROE (net income / shareholders' equity) 8.9% 8.6% 8.6% 7.3% 3% 4.1% 5.23% 5.4%
ROA (Net income/ Total Assets) 8.19% 8.17% 7.71% 6.23% 4.87% 5% 5.1% 5.4%
Assets 1 53,755 54,609 61,703 71,093 38,844 44,000 69,418 70,284
Book Value Per Share 2 2,419 2,508 2,761 3,008 3,076 3,149 3,260 3,384
Cash Flow per Share 2 399.0 432.0 444.0 448.0 371.0 428.0 453.0 469.0
Capex 1 7,182 5,101 5,778 8,168 7,251 8,947 6,667 6,667
Capex / Sales 7.18% 4.91% 5.59% 9.59% 7.63% 9.37% 6.83% 6.71%
Announcement Date 5/10/19 5/11/20 5/13/21 5/9/22 5/10/23 - - -
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
HOLD
Number of Analysts
2
Last Close Price
4,140 JPY
Average target price
4,475 JPY
Spread / Average Target
+8.09%
Consensus
  1. Stock Market
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  4. Financials Kameda Seika Co.,Ltd.