Financials Tsubaki Nakashima Co., Ltd.

Equities

6464

JP3534410000

Industrial Machinery & Equipment

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
840 JPY +0.60% Intraday chart for Tsubaki Nakashima Co., Ltd. +3.32% +14.75%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 64,450 44,928 59,571 40,523 29,081 33,372 - -
Enterprise Value (EV) 1 116,214 98,479 111,035 105,543 96,435 97,746 98,439 91,372
P/E ratio 13.1 x 24.1 x 16.7 x -4.53 x -22.6 x 8.78 x 8.16 x 6.54 x
Yield 5.07% 2.14% 3% 2.94% 1.78% 4.17% 4.58% 4.4%
Capitalization / Revenue 1 x 0.86 x 0.88 x 0.51 x 0.36 x 0.42 x 0.4 x 0.39 x
EV / Revenue 1.8 x 1.89 x 1.63 x 1.34 x 1.2 x 1.22 x 1.17 x 1.06 x
EV / EBITDA 10.1 x 14.2 x 12 x -19.5 x 23.9 x 8.89 x 8.86 x 6.87 x
EV / FCF 29.6 x 104 x 27.9 x - -27.3 x 24.4 x 24.8 x 18.3 x
FCF Yield 3.37% 0.96% 3.59% - -3.66% 4.09% 4.04% 5.47%
Price to Book 1.41 x 1.01 x 1.12 x 0.81 x 0.54 x 0.59 x 0.59 x 0.53 x
Nbr of stocks (in thousands) 40,306 40,043 40,552 39,728 39,728 39,728 - -
Reference price 2 1,599 1,122 1,469 1,020 732.0 840.0 840.0 840.0
Announcement Date 2/12/20 2/12/21 2/15/22 2/20/23 2/9/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 64,563 52,024 67,926 79,036 80,337 80,000 84,104 86,500
EBITDA 1 11,538 6,953 9,224 -5,407 4,042 11,000 11,114 13,300
EBIT 1 8,186 3,611 5,816 -9,065 853 6,500 6,839 8,500
Operating Margin 12.68% 6.94% 8.56% -11.47% 1.06% 8.12% 8.13% 9.83%
Earnings before Tax (EBT) 1 7,214 2,572 5,008 -9,648 113 5,800 6,243 7,800
Net income 1 4,891 1,877 3,554 -9,089 -1,287 3,800 4,133 5,100
Net margin 7.58% 3.61% 5.23% -11.5% -1.6% 4.75% 4.91% 5.9%
EPS 2 121.7 46.64 88.04 -225.4 -32.38 95.65 102.9 128.4
Free Cash Flow 1 3,922 950 3,984 - -3,528 4,000 3,973 5,000
FCF margin 6.07% 1.83% 5.87% - -4.39% 5% 4.72% 5.78%
FCF Conversion (EBITDA) 33.99% 13.66% 43.19% - - 36.36% 35.74% 37.59%
FCF Conversion (Net income) 80.19% 50.61% 112.1% - - 105.26% 96.11% 98.04%
Dividend per Share 2 81.00 24.00 44.00 30.00 13.00 35.00 38.50 37.00
Announcement Date 2/12/20 2/12/21 2/15/22 2/20/23 2/9/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 S2 2022 Q1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3
Net sales 1 29,044 24,018 28,006 34,738 16,461 - 18,627 38,258 20,151 19,702 39,565 19,624
EBITDA 5,391 3,023 3,930 - - - - - - - - -
EBIT 1 3,744 1,326 2,285 3,625 1,754 - 1,525 1,352 1,310 1,509 1,896 880
Operating Margin 12.89% 5.52% 8.16% 10.44% 10.66% - 8.19% 3.53% 6.5% 7.66% 4.79% 4.48%
Earnings before Tax (EBT) 1 3,278 990 - 3,258 1,577 - 1,438 1,542 1,432 1,229 1,821 885
Net income 1 2,023 693 - 2,680 672 - 1,045 399 1,095 655 911 281
Net margin 6.97% 2.89% - 7.71% 4.08% - 5.61% 1.04% 5.43% 3.32% 2.3% 1.43%
EPS 2 - 17.19 - 66.65 16.49 - 25.76 9.840 27.02 16.49 22.93 7.080
Dividend per Share - 10.00 - 28.00 - 16.00 - 13.00 - - 13.00 -
Announcement Date 2/12/20 8/7/20 2/12/21 8/10/21 11/12/21 2/15/22 5/13/22 8/9/22 11/11/22 5/12/23 8/9/23 11/10/23
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 51,764 53,551 51,464 65,020 67,354 64,374 65,068 58,000
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.486 x 7.702 x 5.579 x -12.03 x 16.66 x 5.852 x 5.855 x 4.361 x
Free Cash Flow 1 3,922 950 3,984 - -3,528 4,000 3,973 5,000
ROE (net income / shareholders' equity) 10.8% 4.1% 7.3% -17.6% -2.5% 6.87% 7.38% 8.32%
ROA (Net income/ Total Assets) 5.27% 1.94% 3.48% -6.09% -0.79% 2.3% 2.66% 3.09%
Assets 1 92,829 96,923 102,064 149,347 162,994 165,505 155,511 164,835
Book Value Per Share 2 1,137 1,115 1,315 1,261 1,362 1,425 1,433 1,588
Cash Flow per Share 2 205.0 130.0 172.0 -135.0 47.90 329.0 261.0 -
Capex 1 2,362 1,255 2,397 5,638 4,776 6,000 6,329 6,000
Capex / Sales 3.66% 2.41% 3.53% 7.13% 5.94% 7.5% 7.53% 6.94%
Announcement Date 2/12/20 2/12/21 2/15/22 2/20/23 2/9/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
2
Last Close Price
840 JPY
Average target price
835 JPY
Spread / Average Target
-0.60%
Consensus
  1. Stock Market
  2. Equities
  3. 6464 Stock
  4. Financials Tsubaki Nakashima Co., Ltd.