Financials Shinko Electric Industries Co., Ltd.

Equities

6967

JP3375800004

Semiconductors

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
5,590 JPY 0.00% Intraday chart for Shinko Electric Industries Co., Ltd. +1.34% +1.93%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 114,556 139,953 462,684 790,276 551,235 755,307 - -
Enterprise Value (EV) 1 67,839 120,271 444,628 750,801 464,910 758,955 684,580 659,054
P/E ratio 45.3 x 52 x 25.7 x 15 x 10.1 x 40.8 x 21.9 x 15.9 x
Yield 2.95% 2.41% 0.88% 0.77% 1.23% 0.45% 1.04% 1.12%
Capitalization / Revenue 0.81 x 0.94 x 2.46 x 2.91 x 1.92 x 3.61 x 3 x 2.54 x
EV / Revenue 0.48 x 0.81 x 2.36 x 2.76 x 1.62 x 3.61 x 2.72 x 2.22 x
EV / EBITDA 3.36 x 6.86 x 10.9 x 7.38 x 4.17 x 10.7 x 8.11 x 5.54 x
EV / FCF 16 x -5.25 x 269 x 30 x 8.77 x -40.5 x 1,292 x 14 x
FCF Yield 6.25% -19% 0.37% 3.33% 11.4% -2.47% 0.08% 7.14%
Price to Book 0.82 x 1.02 x 3.02 x 3.91 x 2.2 x 2.86 x 2.57 x 2.15 x
Nbr of stocks (in thousands) 135,090 135,090 135,090 135,090 135,107 135,118 - -
Reference price 2 848.0 1,036 3,425 5,850 4,080 5,590 5,590 5,590
Announcement Date 4/26/19 4/27/20 4/27/21 4/28/22 4/27/23 4/25/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 142,277 148,332 188,059 271,949 286,358 209,972 251,971 297,296
EBITDA 1 20,187 17,544 40,962 101,672 111,462 62,479 84,438 118,950
EBIT 1 4,848 3,227 23,328 71,394 76,712 24,810 50,384 66,818
Operating Margin 3.41% 2.18% 12.4% 26.25% 26.79% 11.82% 20% 22.48%
Earnings before Tax (EBT) 1 3,789 3,940 25,631 74,743 77,460 25,915 48,882 70,678
Net income 1 2,526 2,690 18,018 52,628 54,488 18,609 34,632 47,560
Net margin 1.78% 1.81% 9.58% 19.35% 19.03% 8.86% 13.74% 16%
EPS 2 18.70 19.92 133.4 389.6 403.3 137.7 255.2 352.0
Free Cash Flow 1 4,240 -22,895 1,653 25,011 53,024 -18,733 529.7 47,066
FCF margin 2.98% -15.43% 0.88% 9.2% 18.52% -8.92% 0.21% 15.83%
FCF Conversion (EBITDA) 21% - 4.04% 24.6% 47.57% - 0.63% 39.57%
FCF Conversion (Net income) 167.85% - 9.17% 47.52% 97.31% - 1.53% 98.96%
Dividend per Share 2 25.00 25.00 30.00 45.00 50.00 25.00 58.12 62.50
Announcement Date 4/26/19 4/27/20 4/27/21 4/28/22 4/27/23 4/25/24 - -
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 2025 Q1 2025 Q2 2025 S1 2025 Q3 2025 Q4 2025 S2 2026 S1 2026 S2
Net sales 1 69,256 79,076 84,465 103,594 67,856 125,922 74,899 71,128 146,027 79,383 77,622 157,005 75,538 53,815 - 49,206 55,903 105,109 51,529 53,334 54,886 60,099 118,800 63,404 71,082 127,200 134,700 140,700
EBITDA - - - - 23,382 41,716 31,207 28,749 59,956 33,842 33,358 - 29,191 15,071 - 9,994 14,404 - - - - - 36,000 - - 41,000 45,000 49,000
EBIT 1 -951 4,178 7,248 16,080 16,165 30,067 22,429 18,898 41,327 26,017 24,935 50,952 20,208 5,552 - 3,695 7,775 11,470 6,526 6,814 7,749 10,230 21,500 12,751 14,421 23,000 26,500 24,500
Operating Margin -1.37% 5.28% 8.58% 15.52% 23.82% 23.88% 29.95% 26.57% 28.3% 32.77% 32.12% 32.45% 26.75% 10.32% - 7.51% 13.91% 10.91% 12.66% 12.78% 14.12% 17.02% 18.1% 20.11% 20.29% 18.08% 19.67% 17.41%
Earnings before Tax (EBT) 1 -1,171 - 7,963 - 16,575 30,976 23,005 20,762 - 27,869 26,153 54,022 17,994 5,444 - 5,220 8,224 13,444 5,098 7,373 - - - - - - - -
Net income 1 -999 3,689 5,572 12,446 11,626 21,710 16,147 14,771 30,918 19,548 18,325 37,873 12,633 3,982 - 3,653 6,127 9,780 3,601 5,228 6,063 8,031 15,300 9,098 10,829 16,400 18,800 17,400
Net margin -1.44% 4.67% 6.6% 12.01% 17.13% 17.24% 21.56% 20.77% 21.17% 24.62% 23.61% 24.12% 16.72% 7.4% - 7.42% 10.96% 9.3% 6.99% 9.8% 11.05% 13.36% 12.88% 14.35% 15.23% 12.89% 13.96% 12.37%
EPS 2 -7.400 - 41.25 92.13 86.06 160.7 119.5 109.3 228.9 144.7 135.6 280.3 93.51 29.47 - 27.04 45.35 72.39 26.65 38.69 41.68 54.52 - 68.09 77.45 - - -
Dividend per Share 2 12.50 - 12.50 - - 17.50 - - - - - 25.00 - - 25.00 - 25.00 25.00 - 12.50 - - - - - - - -
Announcement Date 10/29/19 4/27/20 10/27/20 4/27/21 10/26/21 10/26/21 1/27/22 4/28/22 4/28/22 7/29/22 10/27/22 10/27/22 1/31/23 4/27/23 4/27/23 7/27/23 10/26/23 10/26/23 1/31/24 4/25/24 - - - - - - - -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 46,717 19,682 18,056 39,475 86,325 86,091 70,727 96,253
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 4,240 -22,895 1,653 25,011 53,024 -18,733 530 47,066
ROE (net income / shareholders' equity) 1.8% 1.9% 12.4% 29.6% 24.1% 7.2% 12% 14.5%
ROA (Net income/ Total Assets) 4.2% 2.5% 11.9% 27.1% 22.3% 6.98% 7.3% 12.3%
Assets 1 60,195 107,525 151,228 194,505 244,366 266,496 474,409 387,213
Book Value Per Share 2 1,030 1,019 1,135 1,495 1,858 1,961 2,177 2,602
Cash Flow per Share 2 132.0 126.0 264.0 614.0 661.0 342.0 543.0 771.0
Capex 1 14,216 15,253 30,396 57,713 26,014 64,197 77,500 69,000
Capex / Sales 9.99% 10.28% 16.16% 21.22% 9.08% 30.57% 30.76% 23.21%
Announcement Date 4/26/19 4/27/20 4/27/21 4/28/22 4/27/23 4/25/24 - -
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
5,590 JPY
Average target price
6,242 JPY
Spread / Average Target
+11.67%
Consensus
  1. Stock Market
  2. Equities
  3. 6967 Stock
  4. Financials Shinko Electric Industries Co., Ltd.