Financials TESEC Corporation

Equities

6337

JP3545160008

Semiconductor Equipment & Testing

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
2,068 JPY +0.83% Intraday chart for TESEC Corporation -1.48% -14.62%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,885 4,265 9,037 11,150 14,722 11,468 - -
Enterprise Value (EV) 1 3,980 1,294 5,782 8,539 10,861 11,468 11,468 11,468
P/E ratio 6.57 x -25.4 x -31.1 x 6.47 x 6.59 x 8.85 x 19.2 x 8.22 x
Yield 4.1% 2.65% 0.63% 4.05% 3.79% 2.9% 2.9% 2.9%
Capitalization / Revenue 0.96 x 1.03 x 2.62 x 1.48 x 1.68 x 1.33 x 1.53 x 1.15 x
EV / Revenue 0.96 x 1.03 x 2.62 x 1.48 x 1.68 x 1.33 x 1.53 x 1.15 x
EV / EBITDA - - - - - - - -
EV / FCF 7,263,009 x 9,331,508 x 17,582,282 x - - - - -
FCF Yield 0% 0% 0% - - - - -
Price to Book 0.67 x 0.44 x 0.95 x 0.99 x 1.14 x - - -
Nbr of stocks (in thousands) 5,648 5,648 5,648 5,648 5,583 5,545 - -
Reference price 2 1,219 755.0 1,600 1,974 2,637 2,068 2,068 2,068
Announcement Date 5/14/19 5/15/20 5/11/21 5/10/22 5/9/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,194 4,159 3,449 7,512 8,743 8,600 7,500 10,000
EBITDA - - - - - - - -
EBIT 1 1,214 -86 -448 1,748 2,133 1,600 900 2,100
Operating Margin 16.88% -2.07% -12.99% 23.27% 24.4% 18.6% 12% 21%
Earnings before Tax (EBT) 1,370 20 -251 2,065 2,456 - - -
Net income 1 1,047 -168 -290 1,722 2,255 1,300 600 1,400
Net margin 14.55% -4.04% -8.41% 22.92% 25.79% 15.12% 8% 14%
EPS 2 185.5 -29.75 -51.37 305.0 399.9 233.7 107.9 251.7
Free Cash Flow 948 457 514 - - - - -
FCF margin 13.18% 10.99% 14.9% - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 90.54% - - - - - - -
Dividend per Share 2 50.00 20.00 10.00 80.00 100.0 60.00 60.00 60.00
Announcement Date 5/14/19 5/15/20 5/11/21 5/10/22 5/9/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 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
Net sales 1 2,068 1,393 3,535 1,769 2,208 3,977 1,619 2,750 4,369 2,243 2,131 4,374 2,513 1,769 4,282 2,189 2,129 4,318
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 62 -513 755 411 582 993 303 876 1,179 505 449 954 517 245 762 449 389 838
Operating Margin 3% -36.83% 21.36% 23.23% 26.36% 24.97% 18.72% 31.85% 26.99% 22.51% 21.07% 21.81% 20.57% 13.85% 17.8% 20.51% 18.27% 19.41%
Earnings before Tax (EBT) 122 -392 835 502 - - 532 - 1,612 413 - - 728 - 1,075 423 - -
Net income 1 61 -400 669 417 - - 466 - 1,321 338 596 934 507 250 757 291 252 543
Net margin 2.95% -28.72% 18.93% 23.57% - - 28.78% - 30.24% 15.07% 27.97% 21.35% 20.18% 14.13% 17.68% 13.29% 11.84% 12.58%
EPS 10.95 -70.83 118.4 73.93 - - 82.67 - 233.9 59.75 - - 90.89 - 135.6 52.12 - -
Dividend per Share - - - - - - - - - - - - - - - - - -
Announcement Date 10/29/19 10/27/20 10/26/21 1/25/22 5/10/22 5/10/22 7/26/22 10/25/22 10/25/22 1/31/23 5/9/23 5/9/23 7/25/23 10/31/23 10/31/23 1/30/24 - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 2,905 2,971 3,255 2,611 3,861 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 948 457 514 - - - - -
ROE (net income / shareholders' equity) 10.6% -1.7% -3% 16.6% 18.6% - - -
ROA (Net income/ Total Assets) 12.6% 0.36% -3% 17.8% 18.5% - - -
Assets 1 8,342 -47,203 9,667 9,685 12,216 - - -
Book Value Per Share 1,809 1,699 1,684 2,001 2,312 - - -
Cash Flow per Share 196.0 -19.70 -43.20 314.0 411.0 - - -
Capex 1 33 21 28 54 123 50 50 50
Capex / Sales 0.46% 0.5% 0.81% 0.72% 1.41% 0.58% 0.67% 0.5%
Announcement Date 5/14/19 5/15/20 5/11/21 5/10/22 5/9/23 - - -
1JPY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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