Financials Meiko Trans Co., Ltd.

Equities

9357

JP3915400000

Marine Port Services

End-of-day quote NAGOYA STOCK EXCHANGE 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,534 JPY -1.22% Intraday chart for Meiko Trans Co., Ltd. +4.35% +4.35%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 34,872 34,365 31,891 34,394 34,275 35,288
Enterprise Value (EV) 1 14,245 17,682 21,007 21,531 23,139 24,095
P/E ratio 9.57 x 7.86 x 8.2 x 7.97 x 7.41 x 7.6 x
Yield 1.71% 1.73% 2.06% 1.91% 2.52% 2.87%
Capitalization / Revenue 0.54 x 0.47 x 0.45 x 0.51 x 0.42 x 0.42 x
EV / Revenue 0.22 x 0.24 x 0.3 x 0.32 x 0.28 x 0.29 x
EV / EBITDA 2.35 x 2.42 x 2.84 x 3.42 x 2.43 x 2.51 x
EV / FCF -33.8 x -7.37 x -4.06 x 20.1 x 172 x -8.36 x
FCF Yield -2.96% -13.6% -24.6% 4.97% 0.58% -12%
Price to Book 0.41 x 0.4 x 0.36 x 0.37 x 0.35 x 0.34 x
Nbr of stocks (in thousands) 29,805 29,804 29,804 29,804 29,804 29,804
Reference price 2 1,170 1,153 1,070 1,154 1,150 1,184
Announcement Date 6/28/18 6/27/19 6/26/20 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 64,626 72,464 70,903 67,054 81,273 84,101
EBITDA 1 6,065 7,314 7,389 6,296 9,506 9,613
EBIT 1 4,403 5,349 4,911 3,578 6,458 6,247
Operating Margin 6.81% 7.38% 6.93% 5.34% 7.95% 7.43%
Earnings before Tax (EBT) 1 5,277 6,338 5,730 6,375 6,963 6,809
Net income 1 3,645 4,372 3,888 4,318 4,624 4,641
Net margin 5.64% 6.03% 5.48% 6.44% 5.69% 5.52%
EPS 2 122.3 146.7 130.5 144.9 155.1 155.7
Free Cash Flow 1 -421.4 -2,400 -5,176 1,069 134.2 -2,882
FCF margin -0.65% -3.31% -7.3% 1.59% 0.17% -3.43%
FCF Conversion (EBITDA) - - - 16.98% 1.41% -
FCF Conversion (Net income) - - - 24.77% 2.9% -
Dividend per Share 2 20.00 20.00 22.00 22.00 29.00 34.00
Announcement Date 6/28/18 6/27/19 6/26/20 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 36,050 30,448 39,287 20,584 21,201 43,711 21,814 19,052 38,949 20,214
EBITDA - - - - - - - - - -
EBIT 1 2,478 1,145 3,135 1,751 1,694 3,576 1,839 1,318 2,759 1,561
Operating Margin 6.87% 3.76% 7.98% 8.51% 7.99% 8.18% 8.43% 6.92% 7.08% 7.72%
Earnings before Tax (EBT) 1 2,800 1,889 3,555 1,992 1,893 3,639 2,211 1,856 3,528 2,080
Net income 1 1,849 1,292 2,435 1,269 1,203 2,293 1,490 1,294 2,412 1,430
Net margin 5.13% 4.24% 6.2% 6.16% 5.67% 5.25% 6.83% 6.79% 6.19% 7.07%
EPS 2 62.04 43.38 81.71 42.57 40.37 76.95 50.01 43.42 80.86 47.91
Dividend per Share 11.00 11.00 11.00 - - 17.00 - - 18.00 -
Announcement Date 11/8/19 11/10/20 11/9/21 2/10/22 8/5/22 11/10/22 2/10/23 8/9/23 11/10/23 2/9/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 20,627 16,683 10,884 12,863 11,136 11,193
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -421 -2,400 -5,176 1,069 134 -2,882
ROE (net income / shareholders' equity) 4.38% 5.07% 4.45% 4.72% 4.88% 4.71%
ROA (Net income/ Total Assets) 2.71% 3.15% 2.74% 1.88% 3.17% 2.88%
Assets 1 134,547 138,988 141,825 229,950 145,978 161,012
Book Value Per Share 2 2,839 2,910 2,971 3,146 3,315 3,508
Cash Flow per Share 2 704.0 605.0 591.0 650.0 612.0 746.0
Capex 1 4,317 8,145 10,532 4,389 5,639 8,337
Capex / Sales 6.68% 11.24% 14.85% 6.55% 6.94% 9.91%
Announcement Date 6/28/18 6/27/19 6/26/20 6/29/21 6/29/22 6/29/23
1JPY in Million2JPY
Estimates
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