Financials Shindengen Electric Manufacturing Co.,Ltd.

Equities

6844

JP3377800002

Electrical Components & Equipment

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
2,914 JPY +0.21% Intraday chart for Shindengen Electric Manufacturing Co.,Ltd. +4.63% -3.83%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 42,074 23,993 33,493 32,210 34,485 30,052 - -
Enterprise Value (EV) 1 37,344 24,890 45,401 42,477 46,867 30,052 30,052 30,052
P/E ratio 10.9 x -5.77 x -6.02 x 5.46 x 21 x -35.3 x 18.2 x 10.9 x
Yield 3.06% 2.68% - 3.2% 3.89% 4.46% 4.46% 4.46%
Capitalization / Revenue 0.44 x 0.26 x 0.42 x 0.35 x 0.34 x 0.3 x 0.28 x 0.26 x
EV / Revenue 0.44 x 0.26 x 0.42 x 0.35 x 0.34 x 0.3 x 0.28 x 0.26 x
EV / EBITDA - 3.46 x 9.16 x - 3.69 x 4.49 x 3.54 x 2.92 x
EV / FCF -12.1 x -6.71 x -3.41 x 10.8 x -25.5 x -14.3 x -15.8 x -37.6 x
FCF Yield -8.27% -14.9% -29.3% 9.29% -3.92% -6.99% -6.32% -2.66%
Price to Book 0.71 x 0.45 x 0.68 x 0.56 x 0.55 x 0.5 x 0.49 x 0.48 x
Nbr of stocks (in thousands) 10,300 10,302 10,306 10,307 10,309 10,313 - -
Reference price 2 4,085 2,329 3,250 3,125 3,345 2,914 2,914 2,914
Announcement Date 5/13/19 5/28/20 5/12/21 5/12/22 5/15/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 94,703 92,965 80,437 92,168 101,007 101,750 107,750 115,750
EBITDA 1 - 6,933 3,655 - 9,335 6,700 8,500 10,300
EBIT 1 5,638 1,757 -1,080 5,562 3,621 750 2,300 4,000
Operating Margin 5.95% 1.89% -1.34% 6.03% 3.58% 0.74% 2.13% 3.46%
Earnings before Tax (EBT) 1 5,731 1,125 -5,076 6,821 4,073 1,200 3,000 4,500
Net income 1 3,876 -4,156 -5,561 5,902 1,644 -850 1,650 2,750
Net margin 4.09% -4.47% -6.91% 6.4% 1.63% -0.84% 1.53% 2.38%
EPS 2 376.4 -403.5 -539.7 572.7 159.6 -82.45 160.0 266.6
Free Cash Flow 1 -3,480 -3,574 -9,815 2,993 -1,352 -2,100 -1,900 -800
FCF margin -3.67% -3.84% -12.2% 3.25% -1.34% -2.06% -1.76% -0.69%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - 50.71% - - - -
Dividend per Share 2 125.0 62.50 - 100.0 130.0 130.0 130.0 130.0
Announcement Date 5/13/19 5/28/20 5/12/21 5/12/22 5/15/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 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 45,431 47,534 35,288 45,149 23,383 45,882 22,262 24,024 46,286 23,566 24,558 48,124 26,085 26,798 52,883 24,455 25,147 49,602 26,436 24,962 51,398
EBITDA - - - - - - - - - - - - - - - - - - - - -
EBIT 1 994 763 -1,954 874 1,852 3,487 710 1,365 2,075 1,356 123 1,479 1,441 701 2,142 425 -19 406 626 -532 94
Operating Margin 2.19% 1.61% -5.54% 1.94% 7.92% 7.6% 3.19% 5.68% 4.48% 5.75% 0.5% 3.07% 5.52% 2.62% 4.05% 1.74% -0.08% 0.82% 2.37% -2.13% 0.18%
Earnings before Tax (EBT) 982 143 -3,553 - - 4,443 911 - - 1,977 267 2,244 1,476 353 1,829 523 - 377 657 - -
Net income 1 907 -5,063 -4,994 -567 1,663 3,404 742 1,756 2,498 1,332 208 1,540 900 -796 104 -468 -490 -958 139 -181 -42
Net margin 2% -10.65% -14.15% -1.26% 7.11% 7.42% 3.33% 7.31% 5.4% 5.65% 0.85% 3.2% 3.45% -2.97% 0.2% -1.91% -1.95% -1.93% 0.53% -0.73% -0.08%
EPS 88.05 - -484.7 - - 330.3 72.04 - - 129.3 - 149.4 87.37 - - -45.48 - -92.95 13.46 - -
Dividend per Share - - - - - - - - - - - - - - - - - - - - -
Announcement Date 11/5/19 5/28/20 11/6/20 5/12/21 11/9/21 11/9/21 2/9/22 5/12/22 5/12/22 8/8/22 11/8/22 11/8/22 2/9/23 5/15/23 5/15/23 8/8/23 11/8/23 11/8/23 2/9/24 - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - 897 11,908 10,267 12,382 - - -
Net Cash position 4,730 - - - - - - -
Leverage (Debt/EBITDA) - 0.1294 x 3.258 x - 1.326 x - - -
Free Cash Flow 1 -3,480 -3,574 -9,815 2,993 -1,352 -2,100 -1,900 -800
ROE (net income / shareholders' equity) 6.5% -7.4% -10.8% 11.1% 2.7% -1.1% 3% 4.4%
ROA (Net income/ Total Assets) 4.56% 1.28% -0.93% 4.43% 3.17% -0.5% 1.3% 1.9%
Assets 1 85,031 -325,392 595,670 133,092 51,899 170,000 126,923 144,737
Book Value Per Share 2 5,774 5,165 4,795 5,552 6,066 5,866 5,911 6,043
Cash Flow per Share 859.0 99.00 -80.20 1,111 714.0 - - -
Capex 1 6,975 9,402 11,820 5,297 4,924 7,100 6,500 6,600
Capex / Sales 7.37% 10.11% 14.69% 5.75% 4.87% 6.98% 6.03% 5.7%
Announcement Date 5/13/19 5/28/20 5/12/21 5/12/22 5/15/23 - - -
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
2,914 JPY
Average target price
3,500 JPY
Spread / Average Target
+20.11%
Consensus
  1. Stock Market
  2. Equities
  3. 6844 Stock
  4. Financials Shindengen Electric Manufacturing Co.,Ltd.