Financials Yokogawa Bridge Holdings Corp.

Equities

5911

JP3955200005

Construction & Engineering

Delayed Japan Exchange 08:44:37 2024-05-01 pm EDT 5-day change 1st Jan Change
2,847 JPY -0.42% Intraday chart for Yokogawa Bridge Holdings Corp. +2.08% +12.22%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 78,687 81,467 84,571 80,223 88,513 115,892 - -
Enterprise Value (EV) 1 66,864 70,548 81,554 66,184 84,811 106,792 101,692 95,692
P/E ratio 10.4 x 9.04 x 7.51 x 7.26 x 7.92 x 9.29 x 8.87 x 8.17 x
Yield 1.58% 1.88% 2.54% 3.86% 3.93% 3.32% 3.43% 3.62%
Capitalization / Revenue 0.55 x 0.59 x 0.62 x 0.59 x 0.54 x 0.7 x 0.67 x 0.62 x
EV / Revenue 0.47 x 0.51 x 0.6 x 0.48 x 0.51 x 0.64 x 0.59 x 0.51 x
EV / EBITDA 5.29 x 4.49 x 4.2 x 3.59 x 4.44 x 5.34 x 4.6 x 4.04 x
EV / FCF -20.8 x 173 x -14.1 x 4.87 x -10.9 x 10.6 x 10.6 x 9.27 x
FCF Yield -4.81% 0.58% -7.1% 20.5% -9.15% 9.46% 9.46% 10.8%
Price to Book 0.93 x 0.91 x 0.84 x 0.74 x 0.77 x 0.95 x 0.88 x 0.82 x
Nbr of stocks (in thousands) 41,349 41,396 41,234 41,309 40,903 40,536 - -
Reference price 2 1,903 1,968 2,051 1,942 2,164 2,859 2,859 2,859
Announcement Date 5/15/19 5/14/20 5/14/21 5/13/22 5/15/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 141,924 138,144 136,091 136,931 164,968 166,600 173,750 186,250
EBITDA 1 12,651 15,701 19,413 18,422 19,097 20,000 22,100 23,700
EBIT 1 10,509 12,883 15,966 14,752 15,218 17,300 19,600 21,250
Operating Margin 7.4% 9.33% 11.73% 10.77% 9.22% 10.38% 11.28% 11.41%
Earnings before Tax (EBT) 1 11,400 13,446 16,523 16,269 16,527 18,650 19,950 21,600
Net income 1 7,536 9,004 11,289 11,043 11,243 12,500 13,050 14,100
Net margin 5.31% 6.52% 8.3% 8.06% 6.82% 7.5% 7.51% 7.57%
EPS 2 182.3 217.6 273.1 267.5 273.4 307.7 322.5 349.8
Free Cash Flow 1 -3,216 407 -5,790 13,600 -7,760 10,100 9,622 10,325
FCF margin -2.27% 0.29% -4.25% 9.93% -4.7% 6.06% 5.54% 5.54%
FCF Conversion (EBITDA) - 2.59% - 73.82% - 50.5% 43.54% 43.57%
FCF Conversion (Net income) - 4.52% - 123.15% - 80.8% 73.73% 73.23%
Dividend per Share 2 30.00 37.00 52.00 75.00 85.00 95.00 98.00 103.5
Announcement Date 5/15/19 5/14/20 5/14/21 5/13/22 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 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4 2025 S2 2026 S1 2026 S2
Net sales 1 64,009 74,135 68,395 67,696 31,978 61,838 35,779 39,314 75,093 35,202 40,782 75,984 43,319 45,665 88,984 40,027 42,279 82,306 42,886 41,408 85,694 36,050 39,950 - 45,800 48,700 - - -
EBITDA - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
EBIT 1 4,745 8,138 8,292 7,674 2,759 6,157 3,691 4,904 8,595 1,255 2,663 3,918 5,039 6,261 11,300 3,565 3,751 7,316 5,396 4,588 10,984 3,100 3,700 - 5,400 6,200 - - -
Operating Margin 7.41% 10.98% 12.12% 11.34% 8.63% 9.96% 10.32% 12.47% 11.45% 3.57% 6.53% 5.16% 11.63% 13.71% 12.7% 8.91% 8.87% 8.89% 12.58% 11.08% 12.82% 8.6% 9.26% - 11.79% 12.73% - - -
Earnings before Tax (EBT) 4,912 8,534 8,251 8,272 2,695 7,330 3,810 5,129 - 2,503 2,633 5,136 4,983 6,408 11,391 4,250 4,344 8,594 5,822 - - - - - - - - - -
Net income 1 3,259 5,745 5,556 5,733 1,850 4,925 2,520 3,598 6,118 1,670 1,756 3,426 3,283 4,534 7,817 2,846 3,009 5,855 3,939 2,706 7,145 2,100 2,700 - 3,600 4,200 - - -
Net margin 5.09% 7.75% 8.12% 8.47% 5.79% 7.96% 7.04% 9.15% 8.15% 4.74% 4.31% 4.51% 7.58% 9.93% 8.78% 7.11% 7.12% 7.11% 9.18% 6.53% 8.34% 5.83% 6.76% - 7.86% 8.62% - - -
EPS 78.80 - 134.2 - - 119.4 61.06 - - 40.43 - 82.96 79.89 - - 69.59 - 143.3 96.94 - - - - - - - - - -
Dividend per Share 17.00 20.00 22.00 30.00 - 35.00 - - 40.00 - - 40.00 - - - - - 45.00 - - 50.00 - - 50.00 - - 50.00 55.00 55.00
Announcement Date 10/28/19 5/14/20 10/28/20 5/14/21 10/27/21 10/27/21 1/31/22 5/13/22 5/13/22 7/28/22 10/31/22 10/31/22 1/30/23 5/15/23 5/15/23 7/31/23 10/30/23 10/30/23 1/29/24 - - - - - - - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 11,823 10,919 3,017 14,039 3,702 9,100 14,200 20,200
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -3,216 407 -5,790 13,600 -7,760 10,100 9,622 10,325
ROE (net income / shareholders' equity) 9.2% 10.4% 11.9% 10.6% 10.1% 10.2% 10% 10.2%
ROA (Net income/ Total Assets) 7.23% 8.58% 9.99% 8.76% 8.42% 6.1% 6.2% 6.4%
Assets 1 104,224 104,931 113,030 126,022 133,518 204,918 210,484 220,312
Book Value Per Share 2 2,038 2,160 2,452 2,609 2,794 3,010 3,249 3,486
Cash Flow per Share 2 234.0 286.0 356.0 356.0 368.0 386.0 404.0 434.0
Capex 1 7,665 8,716 5,577 3,738 3,410 4,750 4,750 4,750
Capex / Sales 5.4% 6.31% 4.1% 2.73% 2.07% 2.85% 2.73% 2.55%
Announcement Date 5/15/19 5/14/20 5/14/21 5/13/22 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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
2,859 JPY
Average target price
3,400 JPY
Spread / Average Target
+18.92%
Consensus
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  4. Financials Yokogawa Bridge Holdings Corp.