Financials Sharp Corporation

Equities

6753

JP3359600008

Household Electronics

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
818.8 JPY -0.15% Intraday chart for Sharp Corporation +3.82% -18.57%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 744,057 693,309 1,166,694 701,805 605,772 531,648 - -
Enterprise Value (EV) 1 1,127,060 1,244,730 1,549,698 1,041,014 1,050,338 930,757 909,858 861,453
P/E ratio 10.4 x 33.1 x 21.9 x 9.48 x -2.29 x -69.7 x 20.4 x 16.2 x
Yield 1.64% 1.59% 1.57% 3.48% - - 0.24% 0.92%
Capitalization / Revenue 0.31 x 0.31 x 0.48 x 0.28 x 0.24 x 0.22 x 0.22 x 0.22 x
EV / Revenue 0.47 x 0.55 x 0.64 x 0.42 x 0.41 x 0.38 x 0.37 x 0.35 x
EV / EBITDA 6.91 x 9.76 x 9.99 x 6.63 x 16.4 x 13.4 x 8.83 x 7.8 x
EV / FCF -12.7 x -20.8 x 8.13 x 23.8 x 18.9 x 18.2 x 26 x 19.4 x
FCF Yield -7.86% -4.8% 12.3% 4.2% 5.3% 5.5% 3.84% 5.16%
Price to Book 3.5 x 2.71 x 3.33 x 1.54 x 2.91 x 2.23 x 2.04 x 1.98 x
Nbr of stocks (in thousands) 610,884 610,845 610,834 610,797 649,274 649,302 - -
Reference price 2 1,218 1,135 1,910 1,149 933.0 818.8 818.8 818.8
Announcement Date 5/9/19 5/19/20 5/11/21 5/11/22 5/11/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,400,072 2,270,000 2,425,910 2,495,588 2,548,117 2,431,054 2,470,763 2,455,886
EBITDA 1 162,989 127,482 155,054 157,113 64,080 69,553 103,095 110,417
EBIT 1 84,140 52,770 83,112 84,716 -25,719 8,456 37,041 46,914
Operating Margin 3.51% 2.32% 3.43% 3.39% -1.01% 0.35% 1.5% 1.91%
Earnings before Tax (EBT) 1 75,587 32,331 66,442 89,802 -239,043 -6,333 34,750 45,750
Net income 1 74,226 20,960 53,263 73,991 -260,840 -7,602 26,047 32,874
Net margin 3.09% 0.92% 2.2% 2.96% -10.24% -0.31% 1.05% 1.34%
EPS 2 116.8 34.31 87.20 121.1 -407.3 -11.74 40.15 50.70
Free Cash Flow 1 -88,544 -59,796 190,528 43,709 55,713 51,150 34,967 44,433
FCF margin -3.69% -2.63% 7.85% 1.75% 2.19% 2.1% 1.42% 1.81%
FCF Conversion (EBITDA) - - 122.88% 27.82% 86.94% 73.54% 33.92% 40.24%
FCF Conversion (Net income) - - 357.71% 59.07% - - 134.24% 135.16%
Dividend per Share 2 20.00 18.00 30.00 40.00 - - 2.000 7.500
Announcement Date 5/9/19 5/19/20 5/11/21 5/11/22 5/11/23 - - -
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 1,120,665 1,145,183 1,143,453 1,282,457 606,643 1,218,212 675,832 601,544 1,277,376 562,174 695,822 1,257,996 709,091 581,030 1,290,121 541,220 617,059 1,158,279 606,439 580,523 1,281,721 537,168 600,237 1,205,000 637,145 608,000 1,315,000
EBITDA 1 - - - - 38,306 - 43,304 40,006 - 23,366 18,867 - 19,500 942 - 8,426 17,880 - 17,800 17,634 - 18,736 24,486 - 29,029 - -
EBIT 1 36,957 15,816 29,645 53,467 20,653 39,021 24,866 20,829 45,695 6,115 -3,684 2,431 -2,145 -26,005 -28,150 -7,057 1,196 -5,861 2,270 6,133 22,080 4,025 6,983 9,000 12,125 15,667 29,000
Operating Margin 3.3% 1.38% 2.59% 4.17% 3.4% 3.2% 3.68% 3.46% 3.58% 1.09% -0.53% 0.19% -0.3% -4.48% -2.18% -1.3% 0.19% -0.51% 0.37% 1.06% 1.72% 0.75% 1.16% 0.75% 1.9% 2.58% 2.21%
Earnings before Tax (EBT) 33,286 5,048 29,474 - - 52,431 31,812 17,306 49,118 29,687 -8,640 21,047 -6,690 - - 8,802 - 11,459 91 - - - - - - - -
Net income 1 27,397 -6,439 23,765 29,498 20,850 42,516 28,323 14,899 43,222 26,926 -16,586 10,340 -17,588 -253,592 -271,180 5,514 -551 4,963 -2,942 716.2 6,600 2,555 5,346 5,318 9,819 14,023 22,282
Net margin 2.44% -0.56% 2.08% 2.3% 3.44% 3.49% 4.19% 2.48% 3.38% 4.79% -2.38% 0.82% -2.48% -43.65% -21.02% 1.02% -0.09% 0.43% -0.49% 0.12% 0.51% 0.48% 0.89% 0.44% 1.54% 2.31% 1.69%
EPS 2 44.85 -10.54 38.91 48.29 34.14 69.61 46.37 24.39 70.76 43.40 -27.06 16.34 -27.71 -395.9 -423.6 8.490 -0.8500 7.640 -4.530 -0.0756 1.000 3.945 8.225 8.200 15.11 21.60 34.30
Dividend per Share 2 - 18.00 - 30.00 - - - 40.00 40.00 - - - - - - - - - - - - - - - - - -
Announcement Date 11/1/19 5/19/20 11/6/20 5/11/21 11/4/21 11/4/21 2/8/22 5/11/22 5/11/22 8/5/22 11/4/22 11/4/22 2/7/23 5/11/23 5/11/23 8/4/23 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 1 383,003 551,421 383,004 339,209 444,566 399,109 378,209 329,804
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.35 x 4.325 x 2.47 x 2.159 x 6.938 x 5.738 x 3.669 x 2.987 x
Free Cash Flow 1 -88,544 -59,796 190,528 43,709 55,713 51,150 34,967 44,433
ROE (net income / shareholders' equity) 20.4% 4.6% 17.6% 18.4% -78.7% -4.15% 10.2% 12.2%
ROA (Net income/ Total Assets) 3.66% 3% 2.85% 5.92% -1.64% 0.29% 1.44% 1.41%
Assets 1 2,030,141 697,906 1,869,566 1,249,717 15,953,322 -2,642,623 1,811,971 2,325,976
Book Value Per Share 2 348.0 420.0 574.0 744.0 321.0 366.0 402.0 414.0
Cash Flow per Share 2 294.0 163.0 230.0 240.0 -267.0 85.90 119.0 134.0
Capex 1 126,259 73,077 35,656 47,590 43,565 53,617 53,850 54,083
Capex / Sales 5.26% 3.22% 1.47% 1.91% 1.71% 2.21% 2.18% 2.2%
Announcement Date 5/9/19 5/19/20 5/11/21 5/11/22 5/11/23 - - -
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
10
Last Close Price
818.8 JPY
Average target price
696.7 JPY
Spread / Average Target
-14.92%
Consensus
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