Financials Maruzen Showa Unyu Co., Ltd.

Equities

9068

JP3876000005

Air Freight & Logistics

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
4,570 JPY +1.22% Intraday chart for Maruzen Showa Unyu Co., Ltd. +1.11% +16.88%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 60,783 48,455 65,814 64,187 65,315 91,593 - -
Enterprise Value (EV) 1 58,627 52,287 72,169 70,596 63,308 91,593 91,593 91,593
P/E ratio 10 x 6.03 x 9.75 x 7.48 x 7.31 x 8.65 x 8.65 x 8.12 x
Yield 2.17% 2.93% 2.31% 2.69% 3.11% 2.84% 3.01% 3.39%
Capitalization / Revenue 0.52 x 0.39 x 0.54 x 0.47 x 0.46 x 0.64 x 0.61 x 0.57 x
EV / Revenue 0.52 x 0.39 x 0.54 x 0.47 x 0.46 x 0.64 x 0.61 x 0.57 x
EV / EBITDA - - 4,511,182 x 3,800,992 x 3,600,990 x - - -
EV / FCF 12,750,729 x 11,931,872 x - 41,145,741 x 7,050,383 x - - -
FCF Yield 0% 0% - 0% 0% - - -
Price to Book 0.7 x 0.53 x 0.66 x 0.6 x 0.57 x - - -
Nbr of stocks (in thousands) 20,261 20,283 20,282 20,280 20,284 20,042 - -
Reference price 2 3,000 2,389 3,245 3,165 3,220 4,570 4,570 4,570
Announcement Date 5/13/19 5/14/20 5/13/21 5/12/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 116,967 122,801 121,136 136,850 140,861 142,500 150,500 159,500
EBITDA - - 14,589 16,887 18,138 - - -
EBIT 1 7,502 8,877 9,851 11,820 12,692 13,800 15,100 16,100
Operating Margin 6.41% 7.23% 8.13% 8.64% 9.01% 9.68% 10.03% 10.09%
Earnings before Tax (EBT) 1 8,189 11,043 10,244 12,663 13,538 16,000 16,500 17,500
Net income 1 5,937 8,030 6,748 8,579 8,931 10,650 10,650 11,350
Net margin 5.08% 6.54% 5.57% 6.27% 6.34% 7.47% 7.08% 7.12%
EPS 2 299.0 396.2 332.7 423.0 440.4 528.2 528.1 562.9
Free Cash Flow 4,767 4,061 - 1,560 9,264 - - -
FCF margin 4.08% 3.31% - 1.14% 6.58% - - -
FCF Conversion (EBITDA) - - - 9.24% 51.08% - - -
FCF Conversion (Net income) 80.29% 50.57% - 18.18% 103.73% - - -
Dividend per Share 2 65.00 70.00 75.00 85.00 100.0 130.0 137.5 155.0
Announcement Date 5/13/19 5/14/20 5/13/21 5/12/22 5/11/23 - - -
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 61,009 57,826 33,192 65,732 35,596 35,522 34,418 35,535 69,953 36,712 34,196 34,205 34,399 68,604 36,501 37,895
EBITDA - - - - - - - - - - - - - - - -
EBIT 1 4,229 4,401 2,938 5,370 3,384 3,066 3,001 3,265 6,266 3,385 3,041 2,979 3,068 6,047 3,972 3,981
Operating Margin 6.93% 7.61% 8.85% 8.17% 9.51% 8.63% 8.72% 9.19% 8.96% 9.22% 8.89% 8.71% 8.92% 8.81% 10.88% 10.51%
Earnings before Tax (EBT) 6,365 4,490 - 5,620 3,591 - 3,446 - 6,827 3,578 - 3,401 - 7,215 4,958 -
Net income 4,899 3,010 - 3,718 2,430 - 2,356 - 4,578 2,338 - 2,285 - 4,867 3,321 -
Net margin 8.03% 5.21% - 5.66% 6.83% - 6.85% - 6.54% 6.37% - 6.68% - 7.09% 9.1% -
EPS 241.8 148.4 - 183.3 119.8 - 116.2 - 225.8 115.2 - 112.7 - 240.0 163.7 -
Dividend per Share 32.50 35.00 - 42.50 - - - - 47.50 - - - - 60.00 - -
Announcement Date 11/11/19 11/9/20 11/8/21 11/8/21 2/9/22 5/12/22 8/8/22 11/9/22 11/9/22 2/8/23 5/11/23 8/7/23 11/8/23 11/8/23 2/13/24 -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - 3,832 6,355 6,409 - - - -
Net Cash position 2,156 - - - 2,007 - - -
Leverage (Debt/EBITDA) - - 0.4356 x 0.3795 x - - - -
Free Cash Flow 4,767 4,061 - 1,560 9,264 - - -
ROE (net income / shareholders' equity) 7.1% 9.1% 7.47% 8.3% 8.1% - - -
ROA (Net income/ Total Assets) 6.44% 6.91% 6.94% 7.64% 7.91% - - -
Assets 1 92,183 116,227 97,167 112,243 112,918 - - -
Book Value Per Share 4,255 4,475 4,884 5,259 5,628 - - -
Cash Flow per Share 478.0 604.0 538.0 644.0 680.0 - - -
Capex 1 3,938 6,575 10,489 10,679 7,237 13,000 13,000 15,000
Capex / Sales 3.37% 5.35% 8.66% 7.8% 5.14% 9.12% 8.64% 9.4%
Announcement Date 5/13/19 5/14/20 5/13/21 5/12/22 5/11/23 - - -
1JPY in Million
Estimates
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