Financials Mino Ceramic Co., Ltd. NAGOYA STOCK EXCHANGE

Equities

5356

JP3906400001

Construction Materials

End-of-day quote NAGOYA STOCK EXCHANGE 06:00:00 2024-04-04 pm EDT 5-day change 1st Jan Change
773 JPY -0.26% Intraday chart for Mino Ceramic Co., Ltd. -1.28% +11.22%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 5,438 5,104 4,278 5,042 4,090 5,310
Enterprise Value (EV) 1 5,111 3,972 3,034 4,297 3,302 4,384
P/E ratio 7.56 x 5.2 x 4.17 x 5.88 x 6.01 x 4.95 x
Yield 1.61% 2.36% 3.67% 3.05% 3.76% 4.83%
Capitalization / Revenue 0.48 x 0.4 x 0.32 x 0.43 x 0.33 x 0.36 x
EV / Revenue 0.45 x 0.31 x 0.23 x 0.36 x 0.27 x 0.3 x
EV / EBITDA 3.91 x 2.19 x 1.68 x 2.75 x 2.52 x 2.4 x
EV / FCF -23.3 x 4.64 x 10.5 x -8.9 x 17.8 x 25.4 x
FCF Yield -4.29% 21.6% 9.56% -11.2% 5.6% 3.94%
Price to Book 0.7 x 0.57 x 0.41 x 0.46 x 0.36 x 0.43 x
Nbr of stocks (in thousands) 9,711 10,047 10,461 10,248 10,250 10,251
Reference price 2 560.0 508.0 409.0 492.0 399.0 518.0
Announcement Date 6/29/18 6/28/19 6/29/20 6/30/21 6/30/22 6/30/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 11,408 12,809 13,214 11,837 12,410 14,609
EBITDA 1 1,306 1,815 1,803 1,563 1,310 1,829
EBIT 1 1,085 1,479 1,381 1,157 865 1,395
Operating Margin 9.51% 11.55% 10.45% 9.77% 6.97% 9.55%
Earnings before Tax (EBT) 1 1,116 1,635 1,451 1,219 978 1,530
Net income 1 725 980 1,013 857 680 1,072
Net margin 6.36% 7.65% 7.67% 7.24% 5.48% 7.34%
EPS 2 74.09 97.62 98.11 83.63 66.35 104.6
Free Cash Flow 1 -219.1 856 290.1 -482.9 185 172.8
FCF margin -1.92% 6.68% 2.2% -4.08% 1.49% 1.18%
FCF Conversion (EBITDA) - 47.16% 16.09% - 14.12% 9.45%
FCF Conversion (Net income) - 87.35% 28.64% - 27.21% 16.11%
Dividend per Share 2 9.000 12.00 15.00 15.00 15.00 25.00
Announcement Date 6/29/18 6/28/19 6/29/20 6/30/21 6/30/22 6/30/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 6,817 5,769 6,067 2,773 3,296 6,716 3,409 3,140 6,943 3,182
EBITDA - - - - - - - - - -
EBIT 1 751 590 589 -46 306 556 286 158 541 308
Operating Margin 11.02% 10.23% 9.71% -1.66% 9.28% 8.28% 8.39% 5.03% 7.79% 9.68%
Earnings before Tax (EBT) 1 787 617 604 18 332 568 356 189 600 358
Net income 1 527 437 414 7 230 400 250 122 410 250
Net margin 7.73% 7.57% 6.82% 0.25% 6.98% 5.96% 7.33% 3.89% 5.91% 7.86%
EPS 2 50.69 42.68 40.49 0.6200 22.45 39.11 24.37 12.00 40.05 24.35
Dividend per Share 7.000 7.500 7.500 - - 10.00 - - 10.00 -
Announcement Date 11/8/19 11/6/20 11/10/21 2/9/22 8/10/22 11/10/22 2/9/23 8/10/23 11/14/23 2/14/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 327 1,132 1,244 745 788 926
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -219 856 290 -483 185 173
ROE (net income / shareholders' equity) 9.29% 12.4% 10.3% 8.1% 6.03% 8.94%
ROA (Net income/ Total Assets) 4.54% 5.64% 5.01% 4.19% 3.06% 4.6%
Assets 1 15,974 17,380 20,229 20,463 22,230 23,302
Book Value Per Share 2 803.0 886.0 987.0 1,078 1,124 1,215
Cash Flow per Share 2 208.0 300.0 313.0 263.0 234.0 257.0
Capex 1 617 860 884 877 698 272
Capex / Sales 5.41% 6.71% 6.69% 7.41% 5.62% 1.86%
Announcement Date 6/29/18 6/28/19 6/29/20 6/30/21 6/30/22 6/30/23
1JPY in Million2JPY
Estimates
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