Financials Trusco Nakayama Corporation

Equities

9830

JP3635500006

Industrial Machinery & Equipment

Market Closed - Japan Exchange 02:00:00 2024-04-26 am EDT 5-day change 1st Jan Change
2,539 JPY +1.85% Intraday chart for Trusco Nakayama Corporation +6.95% +3.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 184,775 191,039 180,090 134,193 161,294 167,427 - -
Enterprise Value (EV) 1 208,403 210,656 190,621 139,793 168,011 167,427 167,427 167,427
P/E ratio 19.2 x 23.9 x 15.5 x 12.6 x 13.1 x 11.2 x 10.3 x 9.2 x
Yield 1.3% 1.05% 1.3% 1.97% 1.9% 1.93% 1.97% 2.01%
Capitalization / Revenue 0.84 x 0.9 x 0.79 x 0.54 x 0.6 x 0.59 x 0.55 x 0.52 x
EV / Revenue 0.84 x 0.9 x 0.79 x 0.54 x 0.6 x 0.59 x 0.55 x 0.52 x
EV / EBITDA 9,881,569 x 10,851,382 x 9,073,437 x 6,283,312 x - - - -
EV / FCF -41,975,343 x 27,263,961 x 25,265,093 x 18,185,756 x 121,000,966 x - - -
FCF Yield -0% 0% 0% 0% 0% - - -
Price to Book 1.45 x 1.44 x 1.26 x 0.89 x 1 x - - -
Nbr of stocks (in thousands) 65,944 65,944 65,943 65,942 65,942 65,942 - -
Reference price 2 2,802 2,897 2,731 2,035 2,446 2,539 2,539 2,539
Announcement Date 2/10/20 2/12/21 2/9/22 2/9/23 2/9/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 220,674 213,404 229,342 246,453 268,154 286,000 305,000 325,000
EBITDA 18,699 17,605 19,848 21,357 - - - -
EBIT 1 13,797 11,017 12,891 14,667 18,519 20,000 22,000 25,000
Operating Margin 6.25% 5.16% 5.62% 5.95% 6.91% 6.99% 7.21% 7.69%
Earnings before Tax (EBT) 1 14,185 11,559 16,988 15,259 17,908 20,200 22,200 25,200
Net income 1 9,613 8,007 11,603 10,626 12,268 14,900 16,200 18,200
Net margin 4.36% 3.75% 5.06% 4.31% 4.57% 5.21% 5.31% 5.6%
EPS 2 145.8 121.4 176.0 161.2 186.0 226.0 245.7 276.0
Free Cash Flow -4,402 7,007 7,128 7,379 1,333 - - -
FCF margin -1.99% 3.28% 3.11% 2.99% 0.5% - - -
FCF Conversion (EBITDA) - 39.8% 35.91% 34.55% - - - -
FCF Conversion (Net income) - 87.51% 61.43% 69.44% 10.87% - - -
Dividend per Share 2 36.50 30.50 35.50 40.00 46.50 49.00 50.00 51.00
Announcement Date 2/10/20 2/12/21 2/9/22 2/9/23 2/9/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2
Net sales 1 111,108 108,413 113,888 54,820 60,634 115,454 61,159 59,524 120,683 60,241 65,529 125,770 65,983 65,407 131,390 65,193 71,571 136,764
EBITDA - - - 3,969 5,245 - 5,155 4,129 - - 7,204 - 5,460 - - - - -
EBIT 1 6,837 6,161 7,225 2,234 3,432 5,666 3,488 2,445 5,933 3,201 5,533 8,734 3,915 5,241 9,156 4,006 5,357 9,363
Operating Margin 6.15% 5.68% 6.34% 4.08% 5.66% 4.91% 5.7% 4.11% 4.92% 5.31% 8.44% 6.94% 5.93% 8.01% 6.97% 6.14% 7.48% 6.85%
Earnings before Tax (EBT) 1 - 6,400 7,691 3,292 6,005 - 3,671 2,491 6,162 3,253 5,844 9,097 3,894 - 8,855 3,947 5,106 9,053
Net income 1 4,806 4,333 5,237 2,243 4,123 6,366 2,534 1,716 4,250 2,220 4,156 6,376 2,675 3,391 6,066 2,702 3,500 6,202
Net margin 4.33% 4% 4.6% 4.09% 6.8% 5.51% 4.14% 2.88% 3.52% 3.69% 6.34% 5.07% 4.05% 5.18% 4.62% 4.14% 4.89% 4.53%
EPS - 65.72 79.42 34.01 62.54 - 38.44 26.02 64.46 33.66 63.03 - 40.58 51.41 91.99 40.99 - -
Dividend per Share - 16.50 20.00 - 15.50 - - 16.50 16.50 - - - - 23.00 23.00 - - -
Announcement Date 2/10/20 8/7/20 8/6/21 11/1/21 2/9/22 2/9/22 4/28/22 8/9/22 8/9/22 10/31/22 2/9/23 2/9/23 4/28/23 8/10/23 8/10/23 10/31/23 2/9/24 2/9/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 23,628 19,617 10,531 5,600 6,717 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 1.264 x 1.114 x 0.5306 x 0.2622 x - - - -
Free Cash Flow -4,402 7,007 7,128 7,379 1,333 - - -
ROE (net income / shareholders' equity) 7.5% 6.1% 8.4% 7.2% 7.9% - - -
ROA (Net income/ Total Assets) 4.9% 5.71% 6.28% 6.72% 7.94% - - -
Assets 1 196,104 140,255 184,631 158,095 154,454 - - -
Book Value Per Share 1,933 2,016 2,164 2,290 2,437 - - -
Cash Flow per Share 220.0 221.0 281.0 263.0 281.0 - - -
Capex 1 19,776 8,061 8,798 4,799 13,469 6,000 6,500 6,500
Capex / Sales 8.96% 3.78% 3.84% 1.95% 5.02% 2.1% 2.13% 2%
Announcement Date 2/10/20 2/12/21 2/9/22 2/9/23 2/9/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
2,539
Average target price
-
Consensus
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