RICOH COMPANY, LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,338 JPY | +1.67% |
|
-1.18% | +23.59% |
| Apr. 04 | Tranche Update on Ricoh Company, Ltd.'s Equity Buyback Plan announced on February 6, 2024. | CI |
| Apr. 02 | 48 HOURS: The best way to see Seattle? Tips from T-Mobile CEO Sievert | RE |
Valuation
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 838,669 | 575,202 | 814,265 | 676,495 | 603,587 | 811,323 | - | - |
| Enterprise Value (EV) 1 | 1,531,989 | 491,982 | 701,862 | 671,543 | 808,760 | 987,484 | 1,012,947 | 1,022,561 |
| P/E ratio | 16.9 x | 14.5 x | -24.9 x | 23.4 x | 11.2 x | 17.8 x | 13.9 x | 12 x |
| Yield | 1.99% | 3.27% | 1.33% | 2.45% | 3.43% | 2.78% | 3.3% | 3.48% |
| Capitalization / Revenue | 0.42 x | 0.29 x | 0.48 x | 0.38 x | 0.28 x | 0.35 x | 0.34 x | 0.34 x |
| EV / Revenue | 0.76 x | 0.24 x | 0.42 x | 0.38 x | 0.38 x | 0.43 x | 0.43 x | 0.42 x |
| EV / EBITDA | 8.46 x | 2.46 x | 11.9 x | 5.14 x | 4.59 x | 6.28 x | 5.75 x | 5.35 x |
| EV / FCF | 42.5 x | -10.3 x | 11.1 x | 29.1 x | -12 x | 19.7 x | 13 x | 11.3 x |
| FCF Yield | 2.35% | -9.73% | 9.03% | 3.44% | -8.31% | 5.08% | 7.69% | 8.82% |
| Price to Book | 0.9 x | 0.62 x | 0.88 x | 0.75 x | 0.65 x | 0.83 x | 0.8 x | 0.77 x |
| Nbr of stocks (in thousands) | 724,865 | 724,435 | 724,435 | 637,001 | 609,068 | 606,143 | - | - |
| Reference price 2 | 1,157 | 794.0 | 1,124 | 1,062 | 991.0 | 1,338 | 1,338 | 1,338 |
| Announcement Date | 5/9/19 | 5/8/20 | 5/7/21 | 5/10/22 | 5/8/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,013,228 | 2,008,580 | 1,682,069 | 1,758,587 | 2,134,180 | 2,308,890 | 2,366,279 | 2,413,046 |
| EBITDA 1 | 181,127 | 199,728 | 59,189 | 130,531 | 176,208 | 157,330 | 176,146 | 191,203 |
| EBIT 1 | 86,839 | 79,040 | -45,429 | 40,052 | 78,740 | 61,895 | 81,268 | 94,121 |
| Operating Margin | 4.31% | 3.94% | -2.7% | 2.28% | 3.69% | 2.68% | 3.43% | 3.9% |
| Earnings before Tax (EBT) 1 | 83,964 | 75,891 | -41,028 | 44,388 | 81,308 | 66,161 | 84,066 | 97,098 |
| Net income 1 | 49,526 | 39,546 | -32,730 | 30,371 | 54,367 | 46,627 | 57,116 | 66,367 |
| Net margin | 2.46% | 1.97% | -1.95% | 1.73% | 2.55% | 2.02% | 2.41% | 2.75% |
| EPS 2 | 68.32 | 54.58 | -45.20 | 45.35 | 88.13 | 75.31 | 96.61 | 111.8 |
| Free Cash Flow 1 | 36,016 | -47,890 | 63,403 | 23,107 | -67,231 | 50,132 | 77,863 | 90,150 |
| FCF margin | 1.79% | -2.38% | 3.77% | 1.31% | -3.15% | 2.17% | 3.29% | 3.74% |
| FCF Conversion (EBITDA) | 19.88% | - | 107.12% | 17.7% | - | 31.86% | 44.2% | 47.15% |
| FCF Conversion (Net income) | 72.72% | - | - | 76.08% | - | 107.52% | 136.32% | 135.84% |
| Dividend per Share 2 | 23.00 | 26.00 | 15.00 | 26.00 | 34.00 | 37.19 | 44.14 | 46.56 |
| Announcement Date | 5/9/19 | 5/8/20 | 5/7/21 | 5/10/22 | 5/8/23 | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 994,779 | 1,013,801 | 761,948 | 920,121 | 418,659 | 843,463 | 432,732 | 482,392 | 915,124 | 459,341 | 514,195 | 973,536 | 555,072 | 605,572 | 1,160,644 | 534,601 | 577,989 | 1,112,590 | 585,098 | 614,204 | 1,185,410 | 558,567 | 598,267 | 1,150,000 | 600,967 | 660,533 | 1,270,000 |
| EBITDA | - | - | - | - | 30,460 | - | 34,103 | 36,825 | - | 32,257 | 36,243 | - | 39,578 | 68,130 | - | 35,954 | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 48,648 | 30,392 | -30,618 | -14,811 | 7,434 | 13,100 | 12,609 | 14,343 | 26,952 | 9,626 | 13,822 | 23,448 | 16,160 | 39,132 | 55,292 | 10,171 | 9,390 | 19,561 | 17,597 | 22,821 | 41,439 | 14,333 | 16,167 | 26,000 | 18,333 | 32,500 | 58,000 |
| Operating Margin | 4.89% | 3% | -4.02% | -1.61% | 1.78% | 1.55% | 2.91% | 2.97% | 2.95% | 2.1% | 2.69% | 2.41% | 2.91% | 6.46% | 4.76% | 1.9% | 1.62% | 1.76% | 3.01% | 3.72% | 3.5% | 2.57% | 2.7% | 2.26% | 3.05% | 4.92% | 4.57% |
| Earnings before Tax (EBT) 1 | 46,846 | 29,045 | -29,508 | -11,520 | 8,292 | 15,974 | 14,729 | 13,685 | 28,414 | 11,201 | 13,403 | 24,604 | 17,717 | 38,987 | 56,704 | 13,334 | 11,295 | 24,629 | 18,055 | 21,316 | 39,371 | 13,500 | 15,000 | 28,000 | 17,000 | 43,000 | 60,000 |
| Net income 1 | 29,258 | 10,288 | -22,195 | -10,535 | 6,370 | 11,157 | 12,029 | 7,185 | 19,214 | 7,591 | 7,323 | 14,914 | 12,524 | 26,929 | 39,453 | 8,795 | 6,819 | 15,614 | 14,663 | 12,523 | 27,186 | 8,809 | 8,712 | 16,830 | 11,653 | 32,131 | 43,784 |
| Net margin | 2.94% | 1.01% | -2.91% | -1.14% | 1.52% | 1.32% | 2.78% | 1.49% | 2.1% | 1.65% | 1.42% | 1.53% | 2.26% | 4.45% | 3.4% | 1.65% | 1.18% | 1.4% | 2.51% | 2.04% | 2.29% | 1.58% | 1.46% | 1.46% | 1.94% | 4.86% | 3.45% |
| EPS 2 | 40.37 | 14.21 | -30.64 | -14.56 | 9.300 | 16.07 | 18.00 | 11.28 | 29.28 | 11.98 | 11.89 | 23.87 | 20.56 | 43.70 | 64.26 | 14.44 | 11.19 | 25.63 | 24.07 | 20.30 | 44.10 | 14.35 | 14.30 | 27.60 | 19.10 | 52.70 | 71.80 |
| Dividend per Share 2 | 13.00 | 13.00 | 7.500 | 7.500 | 13.00 | 13.00 | - | 13.00 | 13.00 | - | 17.00 | 17.00 | - | 17.00 | 17.00 | - | 18.00 | 18.00 | - | 18.00 | 18.00 | - | 19.00 | 19.00 | - | 19.00 | 19.00 |
| Announcement Date | 11/1/19 | 5/8/20 | 11/4/20 | 5/7/21 | 11/4/21 | 11/4/21 | 2/4/22 | 5/10/22 | 5/10/22 | 8/3/22 | 11/4/22 | 11/4/22 | 2/7/23 | 5/8/23 | 5/8/23 | 8/8/23 | 11/8/23 | 11/8/23 | 2/6/24 | - | - | - | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 693,320 | - | - | - | 205,173 | 176,161 | 201,624 | 211,238 |
| Net Cash position 1 | - | 83,220 | 112,403 | 4,952 | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.828 x | - | - | - | 1.164 x | 1.12 x | 1.145 x | 1.105 x |
| Free Cash Flow 1 | 36,016 | -47,890 | 63,403 | 23,107 | -67,231 | 50,132 | 77,863 | 90,150 |
| ROE (net income / shareholders' equity) | 5.4% | 4.3% | -3.6% | 3.3% | 5.9% | 4.46% | 5.75% | 6.57% |
| ROA (Net income/ Total Assets) | 3.13% | 2.71% | -1.73% | 2.37% | 4.06% | 1.9% | 3.25% | 3.9% |
| Assets 1 | 1,582,609 | 1,457,170 | 1,896,852 | 1,279,868 | 1,338,383 | 2,454,075 | 1,757,417 | 1,701,708 |
| Book Value Per Share 2 | 1,287 | 1,270 | 1,281 | 1,416 | 1,529 | 1,618 | 1,683 | 1,743 |
| Cash Flow per Share 2 | 198.0 | 221.0 | 99.30 | 180.0 | 246.0 | 227.0 | 261.0 | 304.0 |
| Capex 1 | 72,462 | 86,596 | 42,155 | 37,359 | 45,459 | 58,350 | 53,125 | 56,233 |
| Capex / Sales | 3.6% | 4.31% | 2.51% | 2.12% | 2.13% | 2.53% | 2.25% | 2.33% |
| Announcement Date | 5/9/19 | 5/8/20 | 5/7/21 | 5/10/22 | 5/8/23 | - | - | - |
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
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
1,338
JPY
Average target price
1,318
JPY
Spread / Average Target
-1.57%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +23.59% | 5.15B | |
| +16.41% | 26.44B | |
| +24.24% | 4.54B | |
| +8.01% | 1.06B | |
| -16.19% | 1.08B | |
| -35.45% | 910M | |
| -6.14% | 734M | |
| +2.55% | 447M | |
| -18.64% | 315M | |
| +16.10% | 123M |
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- Financials Ricoh Company, Ltd.
