KAORI HEAT TREATMENT CO., LTD. Financials Kaori Heat Treatment Co., Ltd.
Equities
8996
TW0008996000
Industrial Machinery & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 433 TWD | +9.90% |
|
+29.84% | +94.17% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,675 | 4,916 | 5,756 | 16,804 | 19,933 | 38,703 | - | - |
| Enterprise Value (EV) 1 | 4,675 | 4,916 | 5,756 | 17,988 | 20,688 | 39,189 | 37,056 | 39,832 |
| P/E ratio | - | - | 38.6 x | 55.8 x | 34.6 x | 64.9 x | 33.9 x | 32.5 x |
| Yield | - | 3.09% | - | 0.8% | 1.79% | 0.86% | 1.6% | 1.36% |
| Capitalization / Revenue | 2.24 x | 2.37 x | - | 5.91 x | 4.61 x | 8.13 x | 5.32 x | 4.73 x |
| EV / Revenue | 2.24 x | 2.37 x | - | 6.33 x | 4.78 x | 8.23 x | 5.09 x | 4.87 x |
| EV / EBITDA | - | - | - | 39.1 x | 24.6 x | 42.4 x | 21.8 x | 24 x |
| EV / FCF | - | -9.36 x | - | -46.5 x | 62.7 x | 156 x | 68.7 x | 43.2 x |
| FCF Yield | - | -10.7% | - | -2.15% | 1.6% | 0.64% | 1.45% | 2.31% |
| Price to Book | 2.56 x | 2.56 x | - | 8.16 x | 7.37 x | 11.4 x | 8.73 x | 8.78 x |
| Nbr of stocks (in thousands) | 89,384 | 89,384 | 89,384 | 89,384 | 89,384 | 89,384 | - | - |
| Reference price 2 | 52.30 | 55.00 | 64.40 | 188.0 | 223.0 | 433.0 | 433.0 | 433.0 |
| Announcement Date | 3/22/20 | 3/24/21 | 3/28/22 | 3/25/23 | 3/15/24 | - | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,083 | 2,076 | - | 2,844 | 4,326 | 4,762 | 7,279 | 8,186 |
| EBITDA 1 | - | - | - | 460 | 840.6 | 923.7 | 1,699 | 1,658 |
| EBIT 1 | 204 | 170.3 | - | 346.1 | 711.4 | 799.7 | 1,581 | 1,578 |
| Operating Margin | 9.79% | 8.2% | - | 12.17% | 16.45% | 16.79% | 21.72% | 19.28% |
| Earnings before Tax (EBT) 1 | - | - | - | 389.9 | 729.6 | 780.5 | 1,514 | 1,590 |
| Net income 1 | - | - | 149.2 | 301 | 576.5 | 611 | 1,176 | 1,245 |
| Net margin | - | - | - | 10.59% | 13.33% | 12.83% | 16.15% | 15.21% |
| EPS 2 | - | - | 1.670 | 3.370 | 6.450 | 6.675 | 12.77 | 13.31 |
| Free Cash Flow 1 | - | -525.2 | - | -387.1 | 330.2 | 252 | 539 | 921 |
| FCF margin | - | -25.29% | - | -13.61% | 7.63% | 5.29% | 7.4% | 11.25% |
| FCF Conversion (EBITDA) | - | - | - | - | 39.28% | 27.28% | 31.72% | 55.55% |
| FCF Conversion (Net income) | - | - | - | - | 57.27% | 41.24% | 45.85% | 73.98% |
| Dividend per Share 2 | - | 1.700 | - | 1.500 | 4.000 | 3.720 | 6.908 | 5.900 |
| Announcement Date | 3/22/20 | 3/24/21 | 3/28/22 | 3/25/23 | 3/15/24 | - | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 761.2 | 899.4 | 970.5 | 1,308 | 1,148 | 899.6 | 836 | 992.3 | 1,412 | 1,593 | 1,762 |
| EBITDA 1 | - | - | - | - | 268.6 | 268.4 | 108.9 | 177 | 230 | 284 | 315 | - |
| EBIT 1 | - | 98.66 | 122.7 | 164.6 | 237.8 | 235.8 | 73.24 | 85.67 | 142.7 | 258.7 | 312 | 327.5 |
| Operating Margin | - | 12.96% | 13.64% | 16.96% | 18.18% | 20.54% | 8.14% | 10.25% | 14.38% | 18.32% | 19.58% | 18.59% |
| Earnings before Tax (EBT) 1 | - | 119 | 129.2 | 158.6 | 265 | 263.4 | 42.66 | 93 | 130 | 257.5 | 300.5 | 306 |
| Net income 1 | 61.71 | 92.28 | 100.5 | 126.7 | 207.6 | 206.1 | 36.13 | 73 | 102.5 | 200.5 | 234 | 240 |
| Net margin | - | 12.12% | 11.17% | 13.05% | 15.88% | 17.96% | 4.02% | 8.73% | 10.33% | 14.2% | 14.69% | 13.62% |
| EPS 2 | 0.6900 | 1.030 | 1.130 | 1.420 | 2.320 | 2.300 | 0.4000 | 0.8000 | 1.120 | 2.190 | 2.565 | 2.570 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/8/22 | 11/4/22 | 3/25/23 | 5/10/23 | 8/10/23 | 11/13/23 | 3/15/24 | - | - | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 1,184 | 755 | 486 | - | 1,129 |
| Net Cash position 1 | - | - | - | - | - | - | 1,648 | - |
| Leverage (Debt/EBITDA) | - | - | - | 2.573 x | 0.8985 x | 0.5262 x | - | 0.6809 x |
| Free Cash Flow 1 | - | -525 | - | -387 | 330 | 252 | 539 | 921 |
| ROE (net income / shareholders' equity) | - | 6.01% | - | 15.3% | 24.2% | 18.8% | 30.3% | 29.4% |
| ROA (Net income/ Total Assets) | - | 3.6% | - | 7.95% | 12.8% | 10.9% | 18.1% | 17.3% |
| Assets 1 | - | - | - | 3,784 | 4,492 | 5,593 | 6,504 | 7,197 |
| Book Value Per Share 2 | 20.40 | 21.50 | - | 23.00 | 30.20 | 38.10 | 49.60 | 49.30 |
| Cash Flow per Share 2 | - | - | - | -3.220 | 7.590 | 5.500 | 14.00 | 12.00 |
| Capex 1 | - | 584 | - | 99.2 | 349 | 238 | 250 | 200 |
| Capex / Sales | - | 28.11% | - | 3.49% | 8.06% | 4.99% | 3.43% | 2.44% |
| Announcement Date | 3/22/20 | 3/24/21 | 3/28/22 | 3/25/23 | 3/15/24 | - | - | - |
1TWD in Million2TWD
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
433
TWD
Average target price
431.6
TWD
Spread / Average Target
-0.32%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +94.17% | 1.08B | |
| +12.62% | 83.13B | |
| +18.28% | 71.2B | |
| +20.66% | 37.69B | |
| +14.29% | 32.06B | |
| +11.57% | 27.33B | |
| +2.23% | 27.11B | |
| +2.11% | 26.01B | |
| +16.57% | 24.74B | |
| +17.57% | 24.71B |
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- 8996 Stock
- Financials Kaori Heat Treatment Co., Ltd.
