TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC. Financials Tokyo Electric Power Company Holdings, Inc.
Equities
9501
JP3585800000
Electric Utilities
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 981.2 JPY | +0.22% |
|
-3.28% | +32.86% |
| Apr. 24 | Japan's Niigata's governor estimates nuclear plant will bring $2.8 bln of economic benefits, Kyodo reports | RE |
| Apr. 17 | Tepco suspends loading nuclear fuel into Kashiwazaki-Kariwa plant | RE |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,121,563 | 604,035 | 591,213 | 645,677 | 757,819 | 1,572,006 | - | - |
| Enterprise Value (EV) 1 | 6,018,393 | 3,736,796 | 4,632,091 | 5,233,213 | 5,809,043 | 1,572,006 | 1,572,006 | 1,572,006 |
| P/E ratio | 4.83 x | 11.9 x | 3.27 x | 114 x | -6.13 x | 6.09 x | 6.35 x | 5.82 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.18 x | 0.1 x | 0.1 x | 0.12 x | 0.1 x | 0.22 x | 0.22 x | 0.22 x |
| EV / Revenue | 0.18 x | 0.1 x | 0.1 x | 0.12 x | 0.1 x | 0.22 x | 0.22 x | 0.22 x |
| EV / EBITDA | 1.31 x | 0.95 x | 1.06 x | 1.39 x | 6.76 x | 3.61 x | 2.97 x | 2.72 x |
| EV / FCF | -16.7 x | -3.27 x | -1.6 x | -4.21 x | -1.06 x | -8.32 x | -4,466 x | -13.9 x |
| FCF Yield | -5.99% | -30.6% | -62.4% | -23.7% | -94.1% | -12% | -0.02% | -7.2% |
| Price to Book | 0.59 x | 0.32 x | 0.28 x | 0.29 x | 0.36 x | 0.59 x | 0.54 x | 0.49 x |
| Nbr of stocks (in thousands) | 1,602,232 | 1,602,216 | 1,602,203 | 1,602,176 | 1,602,154 | 1,602,126 | - | - |
| Reference price 2 | 700.0 | 377.0 | 369.0 | 403.0 | 473.0 | 981.2 | 981.2 | 981.2 |
| Announcement Date | 4/25/19 | 5/15/20 | 4/28/21 | 4/28/22 | 4/28/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,338,490 | 6,241,422 | 5,866,824 | 5,309,924 | 7,798,696 | 7,143,744 | 7,145,896 | 7,200,203 |
| EBITDA 1 | 854,062 | 634,336 | 555,499 | 465,433 | 112,176 | 435,700 | 528,900 | 578,200 |
| EBIT 1 | 312,257 | 211,841 | 143,460 | 46,230 | -228,969 | 225,933 | 281,521 | 314,359 |
| Operating Margin | 4.93% | 3.39% | 2.45% | 0.87% | -2.94% | 3.16% | 3.94% | 4.37% |
| Earnings before Tax (EBT) 1 | 258,625 | 69,259 | 190,393 | 14,075 | -111,911 | 255,450 | 281,430 | 312,831 |
| Net income 1 | 232,414 | 50,703 | 180,896 | 5,640 | -123,631 | 244,967 | 233,492 | 256,589 |
| Net margin | 3.67% | 0.81% | 3.08% | 0.11% | -1.59% | 3.43% | 3.27% | 3.56% |
| EPS 2 | 145.1 | 31.65 | 112.9 | 3.520 | -77.17 | 161.0 | 154.5 | 168.6 |
| Free Cash Flow 1 | -67,128 | -184,760 | -369,032 | -153,298 | -713,393 | -188,888 | -352 | -113,144 |
| FCF margin | -1.06% | -2.96% | -6.29% | -2.89% | -9.15% | -2.64% | -0% | -1.57% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 4/25/19 | 5/15/20 | 4/28/21 | 4/28/22 | 4/28/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: März | 2020 S1 | 2021 S1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,175,671 | 2,834,222 | 1,230,671 | 2,210,745 | 1,292,795 | 1,806,384 | 1,476,485 | 2,028,817 | 3,505,302 | 2,007,312 | 1,615,156 | 1,898,554 | 3,513,710 | 1,591,348 | 1,770,200 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 196,619 | 181,398 | 108,370 | 97,020 | -8,936 | -41,854 | -44,267 | -111,832 | -156,099 | -117,521 | 151,137 | 203,578 | 354,715 | 27,819 | -57,500 |
| Operating Margin | 6.19% | 6.4% | 8.81% | 4.39% | -0.69% | -2.32% | -3% | -5.51% | -4.45% | -5.85% | 9.36% | 10.72% | 10.1% | 1.75% | -3.25% |
| Earnings before Tax (EBT) 1 | 450,645 | 156,731 | 103,409 | 101,202 | -82,001 | - | -65,049 | - | -138,839 | -503,302 | 182,795 | 230,817 | 413,612 | -3,895 | -9,100 |
| Net income 1 | 420,642 | 148,613 | 91,677 | 88,646 | -78,844 | - | -67,062 | -76,311 | -143,373 | -507,575 | 136,286 | 214,540 | 350,826 | 541 | -8,600 |
| Net margin | 13.25% | 5.24% | 7.45% | 4.01% | -6.1% | - | -4.54% | -3.76% | -4.09% | -25.29% | 8.44% | 11.3% | 9.98% | 0.03% | -0.49% |
| EPS 2 | 262.5 | 92.76 | 57.22 | 55.33 | -49.21 | - | -41.86 | -47.63 | -89.49 | -316.8 | 85.06 | 133.9 | 219.0 | 0.3400 | -1.700 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/28/19 | 10/28/20 | 10/27/21 | 10/27/21 | 1/31/22 | 4/28/22 | 8/2/22 | 11/1/22 | 11/1/22 | 2/1/23 | 8/2/23 | 10/31/23 | 10/31/23 | 1/31/24 | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 4,896,830 | 3,132,761 | 4,040,878 | 4,587,536 | 5,051,224 | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.734 x | 4.939 x | 7.274 x | 9.856 x | 45.03 x | - | - | - |
| Free Cash Flow 1 | -67,128 | -184,760 | -369,032 | -153,298 | -713,393 | -188,888 | -352 | -113,144 |
| ROE (net income / shareholders' equity) | 8.4% | 1.8% | 6% | 0.2% | -3.9% | 7.93% | 6.9% | 7.2% |
| ROA (Net income/ Total Assets) | 2.18% | 2.14% | 1.58% | 0.36% | -2.16% | 1.85% | 1.9% | 2.2% |
| Assets 1 | 10,652,153 | 2,373,080 | 11,456,510 | 1,564,407 | 5,721,777 | 13,241,441 | 12,289,026 | 11,663,148 |
| Book Value Per Share 2 | 1,179 | 1,186 | 1,326 | 1,371 | 1,308 | 1,676 | 1,827 | 1,995 |
| Cash Flow per Share 2 | 483.0 | 295.0 | 370.0 | 265.0 | 136.0 | 245.0 | 546.0 | 244.0 |
| Capex 1 | 639,725 | 524,462 | 608,857 | 566,056 | 637,720 | 572,900 | 612,900 | 609,567 |
| Capex / Sales | 10.09% | 8.4% | 10.38% | 10.66% | 8.18% | 8.02% | 8.58% | 8.47% |
| Announcement Date | 4/25/19 | 5/15/20 | 4/28/21 | 4/28/22 | 4/28/23 | - | - | - |
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
C
Sell
Buy
Mean consensus
SELL
Number of Analysts
3
Last Close Price
981.2
JPY
Average target price
517.7
JPY
Spread / Average Target
-47.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +32.86% | 10.09B | |
| +8.64% | 137B | |
| +4.41% | 81.33B | |
| -2.19% | 77.24B | |
| +0.69% | 76.4B | |
| -8.92% | 65.93B | |
| +61.15% | 59.25B | |
| +4.97% | 45.74B | |
| +7.34% | 42.69B | |
| 0.00% | 40.35B |
- Stock Market
- Equities
- 9501 Stock
- Financials Tokyo Electric Power Company Holdings, Inc.
