CHUBU ELECTRIC POWER CO., INC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,954 JPY | -1.36% |
|
+0.75% | +7.30% |
| Apr. 25 | Nikkei says Soros Fund Among Investors In Japan Electricity Exchange Startup | RE |
| Apr. 22 | Japan's Nikkei rises after sharp fall, chip-related shares cap gains | RE |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,308,037 | 1,153,052 | 1,077,554 | 955,017 | 1,057,851 | 1,477,835 | - | - |
| Enterprise Value (EV) 1 | 3,753,708 | 3,341,593 | 3,297,702 | 3,546,491 | 3,611,955 | 1,503,921 | 4,082,785 | 4,111,355 |
| P/E ratio | 16.5 x | 7.05 x | 7.32 x | -22.2 x | 27.7 x | 3.73 x | 8.78 x | 9.24 x |
| Yield | 2.6% | 3.28% | 3.51% | 3.96% | 3.57% | 2.77% | 3.12% | 3.22% |
| Capitalization / Revenue | 0.43 x | 0.38 x | 0.37 x | 0.35 x | 0.27 x | 0.42 x | 0.43 x | 0.42 x |
| EV / Revenue | 1.24 x | 1.09 x | 1.12 x | 1.31 x | 0.91 x | 0.42 x | 1.18 x | 1.18 x |
| EV / EBITDA | 9.82 x | 10.8 x | 10 x | 26.2 x | 13.7 x | 8.81 x | 12.8 x | 12.9 x |
| EV / FCF | -122 x | -8.53 x | 25.7 x | -14.8 x | 36.5 x | 95.7 x | -133 x | -125 x |
| FCF Yield | -0.82% | -11.7% | 3.89% | -6.78% | 2.74% | 1.04% | -0.75% | -0.8% |
| Price to Book | 0.74 x | 0.61 x | 0.53 x | 0.47 x | 0.51 x | 0.58 x | 0.59 x | 0.57 x |
| Nbr of stocks (in thousands) | 756,747 | 756,348 | 756,179 | 756,150 | 756,148 | 756,119 | - | - |
| Reference price 2 | 1,728 | 1,524 | 1,425 | 1,263 | 1,399 | 1,954 | 1,954 | 1,954 |
| Announcement Date | 4/26/19 | 5/18/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/26/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,035,082 | 3,065,954 | 2,935,409 | 2,705,162 | 3,986,681 | 3,610,414 | 3,474,240 | 3,484,740 |
| EBITDA 1 | 382,389 | 309,003 | 328,357 | 135,324 | 263,016 | 459,733 | 318,033 | 317,800 |
| EBIT 1 | 125,924 | 130,832 | 145,694 | -53,830 | 107,089 | 343,339 | 158,120 | 154,200 |
| Operating Margin | 4.15% | 4.27% | 4.96% | -1.99% | 2.69% | 9.51% | 4.55% | 4.43% |
| Earnings before Tax (EBT) 1 | 112,929 | 210,895 | 192,308 | -44,473 | 68,991 | 506,019 | 207,000 | 195,062 |
| Net income 1 | 79,422 | 163,472 | 147,202 | -43,022 | 38,231 | 403,140 | 168,380 | 159,880 |
| Net margin | 2.62% | 5.33% | 5.01% | -1.59% | 0.96% | 11.17% | 4.85% | 4.59% |
| EPS 2 | 105.0 | 216.1 | 194.6 | -56.90 | 50.56 | 533.2 | 222.7 | 211.5 |
| Free Cash Flow 1 | -30,714 | -391,726 | 128,195 | -240,300 | 98,870 | 42,300 | -30,767 | -32,867 |
| FCF margin | -1.01% | -12.78% | 4.37% | -8.88% | 2.48% | 1.18% | -0.89% | -0.94% |
| FCF Conversion (EBITDA) | - | - | 39.04% | - | 37.59% | 9.2% | - | - |
| FCF Conversion (Net income) | - | - | 87.09% | - | 258.61% | 12.1% | - | - |
| Dividend per Share 2 | 45.00 | 50.00 | 50.00 | 50.00 | 50.00 | 55.00 | 61.00 | 63.00 |
| Announcement Date | 4/26/19 | 5/18/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/26/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: März | 2020 S1 | 2020 S2 | 2021 S1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,572,355 | - | 1,451,934 | 635,540 | 1,160,474 | 666,420 | 878,268 | 765,963 | 1,013,270 | 1,779,233 | 1,034,811 | 1,172,637 | 897,604 | 943,940 | 1,841,544 | 855,599 | 913,271 | 802,800 | 908,700 | 827,500 | 945,550 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 86,326 | - | 104,479 | 31,763 | 54,065 | -55,865 | -52,030 | 41,486 | 19,775 | 61,261 | -12,993 | 58,821 | 157,186 | 88,472 | 245,658 | 43,953 | 53,728 | 54,800 | 58,550 | 28,700 | 14,850 |
| Operating Margin | 5.49% | - | 7.2% | 5% | 4.66% | -8.38% | -5.92% | 5.42% | 1.95% | 3.44% | -1.26% | 5.02% | 17.51% | 9.37% | 13.34% | 5.14% | 5.88% | 6.83% | 6.44% | 3.47% | 1.57% |
| Earnings before Tax (EBT) 1 | 162,705 | - | 146,447 | 15,052 | 63,632 | -74,414 | -33,691 | 32,485 | -65,553 | -33,068 | 10,003 | - | 248,958 | 134,837 | 383,795 | 60,366 | 61,858 | 93,500 | 94,500 | 18,500 | 1,100 |
| Net income 1 | 136,118 | - | 114,608 | 8,894 | 42,625 | -55,767 | -29,880 | 20,544 | -63,201 | -42,657 | 5,194 | 75,694 | 202,050 | 109,477 | 311,527 | 45,576 | 46,037 | 74,400 | 75,600 | 13,800 | 5,200 |
| Net margin | 8.66% | - | 7.89% | 1.4% | 3.67% | -8.37% | -3.4% | 2.68% | -6.24% | -2.4% | 0.5% | 6.46% | 22.51% | 11.6% | 16.92% | 5.33% | 5.04% | 9.27% | 8.32% | 1.67% | 0.55% |
| EPS 2 | 179.9 | - | 151.5 | 11.76 | 56.37 | -73.75 | -39.52 | 27.17 | -83.58 | -56.41 | 6.860 | 100.1 | 267.2 | 144.8 | 412.0 | 60.28 | 60.89 | 98.40 | 100.0 | 18.30 | 6.900 |
| Dividend per Share | 25.00 | 25.00 | 25.00 | - | 25.00 | - | - | - | - | 25.00 | - | - | - | - | 25.00 | - | - | - | - | - | - |
| Announcement Date | 10/31/19 | 5/18/20 | 10/30/20 | 10/28/21 | 10/28/21 | 1/28/22 | 4/28/22 | 7/27/22 | 10/28/22 | 10/28/22 | 1/30/23 | 4/28/23 | 7/28/23 | 10/27/23 | 10/27/23 | 1/31/24 | 4/26/24 | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,445,671 | 2,188,541 | 2,220,148 | 2,591,474 | 2,554,104 | 2,571,926 | 2,604,950 | 2,633,520 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.396 x | 7.083 x | 6.761 x | 19.15 x | 9.711 x | 5.594 x | 8.191 x | 8.287 x |
| Free Cash Flow 1 | -30,714 | -391,726 | 128,195 | -240,300 | 98,870 | 42,300 | -30,767 | -32,867 |
| ROE (net income / shareholders' equity) | 4.5% | 8.9% | 7.5% | -2.1% | 1.9% | 17.4% | 6.84% | 6.13% |
| ROA (Net income/ Total Assets) | 1.96% | 3.34% | 3.44% | -1% | 1.03% | 7.51% | 2.5% | 2.2% |
| Assets 1 | 4,050,159 | 4,895,705 | 4,283,810 | 4,301,211 | 3,705,811 | 5,368,278 | 6,735,200 | 7,267,273 |
| Book Value Per Share 2 | 2,351 | 2,505 | 2,686 | 2,668 | 2,725 | 3,419 | 3,294 | 3,439 |
| Cash Flow per Share | 444.0 | 452.0 | 436.0 | 193.0 | 257.0 | 761.0 | - | - |
| Capex 1 | 327,120 | 242,646 | 255,953 | 228,533 | 262,249 | 288,933 | 272,500 | 282,767 |
| Capex / Sales | 10.78% | 7.91% | 8.72% | 8.45% | 6.58% | 8.07% | 7.84% | 8.11% |
| Announcement Date | 4/26/19 | 5/18/20 | 4/28/21 | 4/28/22 | 4/28/23 | 4/26/24 | - | - |
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
C-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
1,954
JPY
Average target price
1,966
JPY
Spread / Average Target
+0.59%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +7.30% | 9.39B | |
| +8.64% | 136B | |
| +4.41% | 80.06B | |
| -2.19% | 77.98B | |
| +0.69% | 75.38B | |
| -8.92% | 66.47B | |
| +61.15% | 59.36B | |
| +4.97% | 44.9B | |
| +7.34% | 42.26B | |
| 0.00% | 41.94B |
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