Financials Kyowa Electronic Instruments Co., Ltd.

Equities

6853

JP3255200002

Industrial Machinery & Equipment

Market Closed - Japan Exchange 02:00:00 2024-05-02 am EDT 5-day change 1st Jan Change
427 JPY +0.71% Intraday chart for Kyowa Electronic Instruments Co., Ltd. +3.39% +5.96%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,168 12,360 11,132 10,938 9,514 10,960
Enterprise Value (EV) 1 6,072 7,942 6,715 4,963 3,490 5,945
P/E ratio 9.23 x 13.4 x 19.7 x 15.8 x 16.7 x 12.3 x
Yield 3.31% 2.68% 2.48% 2.78% 3.74% 4.09%
Capitalization / Revenue 0.64 x 0.79 x 0.8 x 0.75 x 0.69 x 0.74 x
EV / Revenue 0.38 x 0.51 x 0.48 x 0.34 x 0.25 x 0.4 x
EV / EBITDA 2.8 x 3.91 x 4.63 x 3.33 x 2.89 x 3.64 x
EV / FCF 3.65 x 7.95 x 34.3 x 2.79 x 9.64 x -7.26 x
FCF Yield 27.4% 12.6% 2.91% 35.8% 10.4% -13.8%
Price to Book 0.65 x 0.76 x 0.68 x 0.64 x 0.56 x 0.62 x
Nbr of stocks (in thousands) 28,011 27,652 27,622 27,622 27,339 27,197
Reference price 2 363.0 447.0 403.0 396.0 348.0 403.0
Announcement Date 3/28/19 3/27/20 3/30/21 3/30/22 3/29/23 3/27/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 15,990 15,578 13,846 14,503 13,823 14,901
EBITDA 1 2,169 2,030 1,449 1,490 1,207 1,634
EBIT 1 1,525 1,384 749 863 647 1,108
Operating Margin 9.54% 8.88% 5.41% 5.95% 4.68% 7.44%
Earnings before Tax (EBT) 1 1,566 1,455 883 1,059 803 1,308
Net income 1 1,101 924 566 694 576 898
Net margin 6.89% 5.93% 4.09% 4.79% 4.17% 6.03%
EPS 2 39.35 33.42 20.49 25.13 20.88 32.89
Free Cash Flow 1 1,664 999.2 195.6 1,776 362.1 -818.4
FCF margin 10.41% 6.41% 1.41% 12.25% 2.62% -5.49%
FCF Conversion (EBITDA) 76.71% 49.22% 13.5% 119.23% 30% -
FCF Conversion (Net income) 151.12% 108.14% 34.56% 255.98% 62.87% -
Dividend per Share 2 12.00 12.00 10.00 11.00 13.00 16.50
Announcement Date 3/28/19 3/27/20 3/30/21 3/30/22 3/29/23 3/27/24
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3
Net sales 1 6,687 6,985 3,453 3,656 6,784 2,900 3,839 6,953 2,979
EBITDA - - - - - - - - -
EBIT 1 412 457 5 408 401 -14 420 487 166
Operating Margin 6.16% 6.54% 0.14% 11.16% 5.91% -0.48% 10.94% 7% 5.57%
Earnings before Tax (EBT) 1 469 573 42 442 528 28 536 691 176
Net income 1 296 382 4 290 357 -1 348 459 116
Net margin 4.43% 5.47% 0.12% 7.93% 5.26% -0.03% 9.06% 6.6% 3.89%
EPS 2 10.73 13.84 0.1700 10.51 12.94 -0.0200 12.76 16.78 4.290
Dividend per Share - - - - - - - - -
Announcement Date 8/7/20 8/6/21 11/5/21 5/9/22 8/10/22 11/7/22 5/10/23 8/9/23 11/6/23
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 4,096 4,418 4,417 5,975 6,024 5,015
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,664 999 196 1,777 362 -818
ROE (net income / shareholders' equity) 7% 5.8% 3.5% 4.23% 3.44% 5.24%
ROA (Net income/ Total Assets) 4.09% 3.66% 1.97% 2.27% 1.68% 2.83%
Assets 1 26,915 25,240 28,695 30,605 34,363 31,681
Book Value Per Share 2 561.0 588.0 593.0 615.0 619.0 647.0
Cash Flow per Share 2 214.0 228.0 222.0 249.0 245.0 194.0
Capex 1 320 723 846 318 154 267
Capex / Sales 2% 4.64% 6.11% 2.19% 1.11% 1.79%
Announcement Date 3/28/19 3/27/20 3/30/21 3/30/22 3/29/23 3/27/24
1JPY in Million2JPY
Estimates
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