Financials Shin-Etsu Polymer Co.,Ltd.

Equities

7970

JP3371600002

Commodity Chemicals

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
1,557 JPY 0.00% Intraday chart for Shin-Etsu Polymer Co.,Ltd. +4.64% -7.16%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 66,778 68,238 80,248 91,048 120,412 125,408 - -
Enterprise Value (EV) 1 24,804 25,724 32,628 42,299 73,512 123,958 125,408 125,408
P/E ratio 11 x 10.9 x 17.7 x 14.5 x 14.1 x 14.3 x 16.1 x 12.2 x
Yield 1.96% 2.13% 2.02% 2.3% 2.55% 2.99% 2.95% 3.34%
Capitalization / Revenue 0.78 x 0.85 x 1.04 x 0.98 x 1.11 x 1.19 x 1.19 x 1.09 x
EV / Revenue 0.78 x 0.85 x 1.04 x 0.98 x 1.11 x 1.19 x 1.19 x 1.09 x
EV / EBITDA 5,591,372 x - 7,479,581 x 6,858,611 x 7,217,203 x - - -
EV / FCF 24,256,357 x 14,655,938 x 10,214,921 x 958,400,578 x -58,001,835 x - - -
FCF Yield 0% 0% 0% 0% -0% - - -
Price to Book 0.83 x 0.81 x 0.93 x 0.97 x 1.15 x 1.1 x - -
Nbr of stocks (in thousands) 81,635 80,851 80,896 80,431 80,759 80,545 - -
Reference price 2 818.0 844.0 992.0 1,132 1,491 1,557 1,557 1,557
Announcement Date 4/25/19 4/27/20 4/27/21 4/26/22 4/26/23 4/24/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 85,460 80,254 76,904 92,640 108,278 104,379 105,000 115,000
EBITDA 11,943 - 10,729 13,275 16,684 - - -
EBIT 1 8,153 7,756 7,217 9,732 12,749 11,050 10,300 14,000
Operating Margin 9.54% 9.66% 9.38% 10.51% 11.77% 10.59% 9.81% 12.17%
Earnings before Tax (EBT) 8,026 8,097 6,402 9,413 11,373 11,778 - -
Net income 1 6,049 6,288 4,536 6,308 8,529 8,674 8,400 10,300
Net margin 7.08% 7.84% 5.9% 6.81% 7.88% 8.31% 8% 8.96%
EPS 2 74.27 77.55 56.09 78.15 105.7 107.3 96.85 127.9
Free Cash Flow 2,753 4,656 7,856 95 -2,076 - - -
FCF margin 3.22% 5.8% 10.22% 0.1% -1.92% - - -
FCF Conversion (EBITDA) 23.05% - 73.22% 0.72% - - - -
FCF Conversion (Net income) 45.51% 74.05% 173.19% 1.51% - - - -
Dividend per Share 2 16.00 18.00 20.00 26.00 38.00 46.00 46.00 52.00
Announcement Date 4/25/19 4/27/20 4/27/21 4/26/22 4/26/23 4/24/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: März 2020 S1 2020 S2 2021 S1 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 40,286 39,968 35,791 41,113 22,683 43,719 25,169 23,752 48,921 25,226 27,323 52,549 29,626 26,103 55,729 26,587 26,869 53,456 26,833 24,090 50,923
EBITDA - - - - - - - - - - - - - - - - - - - - -
EBIT 1 3,925 3,831 2,705 4,512 2,343 4,582 2,874 2,276 5,150 3,470 3,173 6,643 4,107 1,999 6,106 3,046 2,837 5,883 3,043 2,124 5,167
Operating Margin 9.74% 9.59% 7.56% 10.97% 10.33% 10.48% 11.42% 9.58% 10.53% 13.76% 11.61% 12.64% 13.86% 7.66% 10.96% 11.46% 10.56% 11.01% 11.34% 8.82% 10.15%
Earnings before Tax (EBT) 4,033 4,064 2,927 3,475 2,332 4,731 3,006 1,676 4,682 3,975 3,411 7,386 3,736 251 3,987 3,381 3,035 6,416 3,097 - -
Net income 1 3,069 3,219 2,151 2,385 1,676 3,489 2,158 661 2,819 2,703 2,330 5,033 2,600 896 3,496 2,300 2,317 4,617 2,233 1,824 4,057
Net margin 7.62% 8.05% 6.01% 5.8% 7.39% 7.98% 8.57% 2.78% 5.76% 10.72% 8.53% 9.58% 8.78% 3.43% 6.27% 8.65% 8.62% 8.64% 8.32% 7.57% 7.97%
EPS 37.78 - 26.60 - - 43.13 26.77 - - 33.53 - 62.42 32.20 - - 28.41 - 57.01 27.68 - -
Dividend per Share 8.000 - 9.000 - - 12.00 - - - - - 18.00 - - - - - 22.00 - - -
Announcement Date 10/24/19 4/27/20 10/26/20 4/27/21 10/26/21 10/26/21 1/26/22 4/26/22 4/26/22 7/26/22 10/26/22 10/26/22 1/25/23 4/26/23 4/26/23 7/26/23 10/26/23 10/26/23 1/25/24 4/24/24 4/24/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 41,974 42,514 47,620 48,749 46,900 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2,753 4,656 7,856 95 -2,076 - - -
ROE (net income / shareholders' equity) 7.7% 7.6% 5.3% 7% 8.6% 8% - -
ROA (Net income/ Total Assets) 7.62% 7.62% 6.57% 8.78% 10.1% 8.35% - -
Assets 1 79,399 82,477 68,996 71,864 84,706 103,871 - -
Book Value Per Share 2 989.0 1,042 1,068 1,166 1,294 1,394 - -
Cash Flow per Share 121.0 126.0 99.50 122.0 154.0 164.0 - -
Capex 1 6,596 4,956 2,785 4,163 10,110 9,800 10,600 11,100
Capex / Sales 7.72% 6.18% 3.62% 4.49% 9.34% 9.32% 10.1% 9.65%
Announcement Date 4/25/19 4/27/20 4/27/21 4/26/22 4/26/23 4/24/24 - -
1JPY in Million2JPY
Estimates
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