SOJITZ CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3,935 JPY | +1.89% |
|
+3.15% | +23.55% |
| Apr. 08 | Sojitz Repurchases 3 Billion Yen of Shares First Week of April | MT |
| Apr. 08 | Tranche Update on Sojitz Corporation's Equity Buyback Plan announced on February 22, 2024. | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 487,204 | 309,701 | 374,118 | 465,637 | 637,775 | 854,852 | - | - |
| Enterprise Value (EV) 1 | 1,071,915 | 930,308 | 1,068,167 | 1,311,191 | 1,347,844 | 1,498,015 | 1,516,096 | 1,523,262 |
| P/E ratio | 6.92 x | 5.19 x | 13.9 x | 5.72 x | 5.73 x | 8.63 x | 8.26 x | 7.54 x |
| Yield | 4.36% | 6.69% | 3.21% | 5.26% | 4.71% | 3.45% | 3.85% | 4.24% |
| Capitalization / Revenue | 0.26 x | 0.18 x | 0.23 x | 0.22 x | 0.26 x | 0.36 x | 0.35 x | 0.34 x |
| EV / Revenue | 0.58 x | 0.53 x | 0.67 x | 0.62 x | 0.54 x | 0.62 x | 0.62 x | 0.61 x |
| EV / EBITDA | 12.1 x | 11.6 x | 18.1 x | 10.5 x | 8.71 x | 11 x | 10.4 x | 9.65 x |
| EV / FCF | 17.7 x | 192 x | 26.6 x | -17.8 x | 6.71 x | 125 x | 85.9 x | 32.5 x |
| FCF Yield | 5.65% | 0.52% | 3.77% | -5.62% | 14.9% | 0.8% | 1.16% | 3.08% |
| Price to Book | 0.79 x | 0.53 x | 0.6 x | 0.64 x | 0.76 x | 0.93 x | 0.87 x | 0.8 x |
| Nbr of stocks (in thousands) | 249,848 | 243,859 | 239,819 | 230,856 | 230,827 | 217,243 | - | - |
| Reference price 2 | 1,950 | 1,270 | 1,560 | 2,017 | 2,763 | 3,935 | 3,935 | 3,935 |
| Announcement Date | 5/8/19 | 4/30/20 | 4/30/21 | 5/2/22 | 5/2/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,856,190 | 1,754,825 | 1,602,485 | 2,100,752 | 2,479,840 | 2,407,232 | 2,432,038 | 2,501,599 |
| EBITDA 1 | 88,820 | 80,357 | 58,890 | 125,284 | 154,703 | 136,129 | 145,886 | 157,912 |
| EBIT 1 | 67,523 | 47,251 | 27,040 | 91,005 | 114,796 | 96,415 | 99,160 | 107,724 |
| Operating Margin | 3.64% | 2.69% | 1.69% | 4.33% | 4.63% | 4.01% | 4.08% | 4.31% |
| Earnings before Tax (EBT) 1 | 94,882 | 75,528 | 37,420 | 117,295 | 155,036 | 133,147 | 140,440 | 148,620 |
| Net income 1 | 70,419 | 60,821 | 27,001 | 82,332 | 111,247 | 100,986 | 104,986 | 111,857 |
| Net margin | 3.79% | 3.47% | 1.68% | 3.92% | 4.49% | 4.2% | 4.32% | 4.47% |
| EPS 2 | 281.7 | 244.6 | 112.6 | 352.6 | 481.9 | 455.8 | 476.3 | 521.6 |
| Free Cash Flow 1 | 60,551 | 4,841 | 40,225 | -73,735 | 200,796 | 12,000 | 17,650 | 46,900 |
| FCF margin | 3.26% | 0.28% | 2.51% | -3.51% | 8.1% | 0.5% | 0.73% | 1.87% |
| FCF Conversion (EBITDA) | 68.17% | 6.02% | 68.31% | - | 129.79% | 8.82% | 12.1% | 29.7% |
| FCF Conversion (Net income) | 85.99% | 7.96% | 148.98% | - | 180.5% | 11.88% | 16.81% | 41.93% |
| Dividend per Share 2 | 85.00 | 85.00 | 50.00 | 106.0 | 130.0 | 135.7 | 151.4 | 166.9 |
| Announcement Date | 5/8/19 | 4/30/20 | 4/30/21 | 5/2/22 | 5/2/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2021 S1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 893,832 | 744,622 | - | 1,000,694 | 547,885 | - | - | 618,511 | - | 1,273,322 | 652,001 | - | 556,010 | - | 1,187,268 | 600,847 | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 24,117 | 5,502 | - | 33,909 | 26,687 | - | - | 45,429 | - | 76,678 | 24,771 | - | 17,206 | - | 42,173 | 24,372 | - |
| Operating Margin | 2.7% | 0.74% | - | 3.39% | 4.87% | - | - | 7.34% | - | 6.02% | 3.8% | - | 3.09% | - | 3.55% | 4.06% | - |
| Earnings before Tax (EBT) 1 | 35,259 | 11,997 | - | 52,455 | 32,520 | 32,320 | - | 60,538 | - | 106,547 | 38,906 | 9,583 | 29,868 | - | 64,509 | 35,185 | 33,300 |
| Net income 1 | 29,517 | 9,147 | 22,525 | 39,449 | 22,600 | 20,283 | 42,883 | 45,200 | 33,726 | 78,876 | 29,855 | 2,516 | 22,100 | 25,794 | 47,934 | 27,270 | 25,133 |
| Net margin | 3.3% | 1.23% | - | 3.94% | 4.12% | - | - | 7.31% | - | 6.19% | 4.58% | - | 3.97% | - | 4.04% | 4.54% | - |
| EPS | 118.2 | 38.10 | - | 167.1 | 97.57 | - | - | 195.6 | - | 341.7 | 129.3 | - | 96.86 | - | 212.1 | 123.1 | - |
| Dividend per Share | 42.50 | 25.00 | - | 45.00 | - | - | - | - | - | 65.00 | - | - | - | - | 65.00 | - | - |
| Announcement Date | 11/1/19 | 10/30/20 | 11/2/21 | 11/2/21 | 2/2/22 | 5/2/22 | 5/2/22 | 8/2/22 | 11/1/22 | 11/1/22 | 2/2/23 | 5/2/23 | 8/1/23 | 10/31/23 | 10/31/23 | 2/2/24 | - |
1JPY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 584,711 | 620,607 | 694,049 | 845,554 | 710,069 | 643,163 | 661,244 | 668,410 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.583 x | 7.723 x | 11.79 x | 6.749 x | 4.59 x | 4.725 x | 4.533 x | 4.233 x |
| Free Cash Flow 1 | 60,551 | 4,841 | 40,225 | -73,735 | 200,796 | 12,000 | 17,650 | 46,900 |
| ROE (net income / shareholders' equity) | 11.7% | 10.2% | 4.5% | 12.2% | 14.2% | 11.6% | 11.2% | 11% |
| ROA (Net income/ Total Assets) | 4.08% | 3.34% | 1.65% | 4.73% | 5.83% | 3.76% | 3.94% | 4.13% |
| Assets 1 | 1,724,595 | 1,822,882 | 1,634,493 | 1,741,396 | 1,909,603 | 2,682,951 | 2,664,389 | 2,706,439 |
| Book Value Per Share 2 | 2,475 | 2,375 | 2,582 | 3,154 | 3,629 | 4,211 | 4,526 | 4,898 |
| Cash Flow per Share 2 | 367.0 | 378.0 | 245.0 | 499.0 | 655.0 | 657.0 | 641.0 | 682.0 |
| Capex 1 | 35,925 | 51,792 | 44,747 | 43,163 | 46,407 | 225,000 | 100,000 | 100,000 |
| Capex / Sales | 1.94% | 2.95% | 2.79% | 2.05% | 1.87% | 9.35% | 4.11% | 4% |
| Announcement Date | 5/8/19 | 4/30/20 | 4/30/21 | 5/2/22 | 5/2/23 | - | - | - |
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
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
3,935
JPY
Average target price
4,184
JPY
Spread / Average Target
+6.34%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +23.55% | 5.43B | |
| +56.60% | 91.85B | |
| +41.92% | 71.52B | |
| +19.61% | 63.05B | |
| +27.08% | 30.34B | |
| +21.43% | 28.92B | |
| +16.39% | 21.62B | |
| +16.68% | 17.92B | |
| -3.76% | 12.84B | |
| +2.43% | 5.92B |
- Stock Market
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- 2768 Stock
- Financials Sojitz Corporation
