Financials Marufuji Sheet Piling Co.,Ltd.

Equities

8046

JP3877200000

Construction Materials

Delayed Japan Exchange 02:00:00 2024-05-09 am EDT 5-day change 1st Jan Change
2,911 JPY +0.03% Intraday chart for Marufuji Sheet Piling Co.,Ltd. 0.00% +11.45%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 10,600 8,226 6,157 7,610 6,934 7,391
Enterprise Value (EV) 1 12,778 9,028 8,405 7,849 5,359 5,530
P/E ratio 12 x 8.29 x 5.58 x 10.9 x 9.26 x 7.12 x
Yield 2.7% 3.92% 5.23% 3.76% 4.13% 4.36%
Capitalization / Revenue 0.32 x 0.23 x 0.18 x 0.23 x 0.22 x 0.21 x
EV / Revenue 0.39 x 0.26 x 0.24 x 0.24 x 0.17 x 0.16 x
EV / EBITDA 7.51 x 4.8 x 3.96 x 5.06 x 5.47 x 4.02 x
EV / FCF 4.76 x 4.6 x -6.08 x 3.87 x 2.16 x -291 x
FCF Yield 21% 21.7% -16.4% 25.8% 46.3% -0.34%
Price to Book 0.4 x 0.31 x 0.22 x 0.27 x 0.25 x 0.26 x
Nbr of stocks (in thousands) 3,580 3,580 3,580 3,580 3,580 3,579
Reference price 2 2,961 2,298 1,720 2,126 1,937 2,065
Announcement Date 6/27/18 6/27/19 6/25/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 32,950 35,311 34,391 32,695 31,876 35,104
EBITDA 1 1,701 1,882 2,125 1,552 979 1,376
EBIT 1 1,175 1,299 1,434 944 560 1,063
Operating Margin 3.57% 3.68% 4.17% 2.89% 1.76% 3.03%
Earnings before Tax (EBT) 1 1,358 1,526 1,674 1,050 1,133 1,598
Net income 1 888 992 1,104 698 749 1,038
Net margin 2.69% 2.81% 3.21% 2.13% 2.35% 2.96%
EPS 2 246.7 277.2 308.5 195.0 209.3 290.0
Free Cash Flow 1 2,685 1,963 -1,382 2,028 2,484 -19
FCF margin 8.15% 5.56% -4.02% 6.2% 7.79% -0.05%
FCF Conversion (EBITDA) 157.83% 104.31% - 130.64% 253.69% -
FCF Conversion (Net income) 302.32% 197.9% - 290.47% 331.59% -
Dividend per Share 2 80.00 90.00 90.00 80.00 80.00 90.00
Announcement Date 6/27/18 6/27/19 6/25/20 6/29/21 6/29/22 6/29/23
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 16,319 15,481 14,641 8,672 7,806 15,623 9,646 8,373 16,672 8,951
EBITDA - - - - - - - - - -
EBIT 1 580 287 72 309 150 294 556 226 510 687
Operating Margin 3.55% 1.85% 0.49% 3.56% 1.92% 1.88% 5.76% 2.7% 3.06% 7.68%
Earnings before Tax (EBT) 1 693 223 474 393 275 529 664 346 804 788
Net income 1 457 132 317 271 182 330 445 223 533 521
Net margin 2.8% 0.85% 2.17% 3.12% 2.33% 2.11% 4.61% 2.66% 3.2% 5.82%
EPS 2 127.8 37.01 88.70 75.63 50.89 92.30 124.5 62.42 148.9 145.6
Dividend per Share - - - - - - - - - -
Announcement Date 10/31/19 10/30/20 10/29/21 1/31/22 7/29/22 10/31/22 1/31/23 7/31/23 10/31/23 1/31/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 2,178 802 2,248 239 - -
Net Cash position 1 - - - - 1,575 1,861
Leverage (Debt/EBITDA) 1.28 x 0.4261 x 1.058 x 0.154 x - -
Free Cash Flow 1 2,685 1,963 -1,382 2,028 2,484 -19
ROE (net income / shareholders' equity) 3.42% 3.73% 4.07% 2.51% 2.7% 3.73%
ROA (Net income/ Total Assets) 1.62% 1.78% 2.01% 1.34% 0.8% 1.53%
Assets 1 54,886 55,649 55,057 52,074 93,485 67,994
Book Value Per Share 2 7,339 7,509 7,655 7,855 7,669 7,883
Cash Flow per Share 2 752.0 1,067 605.0 1,006 1,233 950.0
Capex 1 198 180 964 155 227 259
Capex / Sales 0.6% 0.51% 2.8% 0.47% 0.71% 0.74%
Announcement Date 6/27/18 6/27/19 6/25/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates
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