Financials KEL Corporation

Equities

6919

JP3281700009

Electrical Components & Equipment

Delayed Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
1,834 JPY -0.27% Intraday chart for KEL Corporation +1.66% -1.24%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 8,974 6,220 5,261 6,707 10,166 13,298
Enterprise Value (EV) 1 6,550 3,359 1,769 2,479 5,227 8,446
P/E ratio 14.4 x 10.6 x 7.49 x 9.25 x 6.99 x 7.71 x
Yield 2.91% 4.56% 5.39% 4.44% 5.79% 5.19%
Capitalization / Revenue 0.86 x 0.61 x 0.5 x 0.66 x 0.79 x 0.92 x
EV / Revenue 0.63 x 0.33 x 0.17 x 0.24 x 0.41 x 0.58 x
EV / EBITDA 3.51 x 2 x 0.98 x 1.43 x 1.76 x 2.53 x
EV / FCF 19.1 x 4.13 x 2.21 x 2.65 x 5.76 x 16.9 x
FCF Yield 5.24% 24.2% 45.2% 37.8% 17.4% 5.9%
Price to Book 0.78 x 0.54 x 0.44 x 0.54 x 0.73 x 0.88 x
Nbr of stocks (in thousands) 7,267 7,267 7,267 7,267 7,267 7,267
Reference price 2 1,235 856.0 724.0 923.0 1,399 1,830
Announcement Date 6/27/18 6/26/19 6/26/20 6/25/21 6/28/22 6/27/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 10,379 10,185 10,591 10,163 12,793 14,500
EBITDA 1 1,864 1,680 1,797 1,728 2,976 3,343
EBIT 1 1,019 791 1,026 989 2,114 2,401
Operating Margin 9.82% 7.77% 9.69% 9.73% 16.52% 16.56%
Earnings before Tax (EBT) 1 940 871 1,048 1,072 2,134 2,528
Net income 1 625 586 702 725 1,455 1,725
Net margin 6.02% 5.75% 6.63% 7.13% 11.37% 11.9%
EPS 2 86.01 80.64 96.61 99.77 200.2 237.4
Free Cash Flow 1 343.4 813.5 800 935.9 908 498.4
FCF margin 3.31% 7.99% 7.55% 9.21% 7.1% 3.44%
FCF Conversion (EBITDA) 18.42% 48.42% 44.52% 54.16% 30.51% 14.91%
FCF Conversion (Net income) 54.94% 138.82% 113.96% 129.09% 62.41% 28.89%
Dividend per Share 2 36.00 39.00 39.00 41.00 81.00 95.00
Announcement Date 6/27/18 6/26/19 6/26/20 6/25/21 6/28/22 6/27/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 5,209 4,766 6,155 3,306 3,433 6,984 3,872 3,321 6,372 2,931
EBITDA - - - - - - - - - -
EBIT 1 435 429 957 514 581 1,287 633 369 707 236
Operating Margin 8.35% 9% 15.55% 15.55% 16.92% 18.43% 16.35% 11.11% 11.1% 8.05%
Earnings before Tax (EBT) 1 463 435 987 517 682 1,454 548 497 850 167
Net income 1 305 296 664 356 468 992 366 341 575 106
Net margin 5.86% 6.21% 10.79% 10.77% 13.63% 14.2% 9.45% 10.27% 9.02% 3.62%
EPS 2 42.05 40.73 91.45 48.98 64.53 136.6 50.44 47.05 79.15 14.65
Dividend per Share 18.00 18.00 20.00 - - 40.00 - - 47.00 -
Announcement Date 11/8/19 11/9/20 11/8/21 2/7/22 8/5/22 11/8/22 2/7/23 8/7/23 11/8/23 2/7/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,424 2,861 3,492 4,228 4,939 4,852
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 343 814 800 936 908 498
ROE (net income / shareholders' equity) 5.56% 5.07% 5.97% 5.93% 11% 11.9%
ROA (Net income/ Total Assets) 4.29% 3.31% 4.27% 3.96% 7.69% 7.88%
Assets 1 14,559 17,727 16,450 18,315 18,910 21,877
Book Value Per Share 2 1,587 1,594 1,644 1,719 1,906 2,070
Cash Flow per Share 2 423.0 421.0 506.0 605.0 717.0 707.0
Capex 1 893 862 599 579 719 936
Capex / Sales 8.6% 8.46% 5.66% 5.7% 5.62% 6.46%
Announcement Date 6/27/18 6/26/19 6/26/20 6/25/21 6/28/22 6/27/23
1JPY in Million2JPY
Estimates
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