Financials Hirakawa Hewtech Corp.

Equities

5821

JP3795080005

Electrical Components & Equipment

Delayed Japan Exchange 07:00:00 09/05/2024 BST 5-day change 1st Jan Change
1,382 JPY +1.39% Intraday chart for Hirakawa Hewtech Corp. +2.14% +4.46%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,046 12,390 19,175 16,295 21,408 19,413 - -
Enterprise Value (EV) 1 14,645 7,136 14,954 11,945 15,319 18,894 19,413 19,413
P/E ratio 10 x 7.46 x 17.7 x 10.8 x 7.24 x 13.1 x 12.1 x 10.2 x
Yield 1.65% 2.83% 1.83% 2.33% 2.36% 2.68% 2.6% 2.6%
Capitalization / Revenue 0.75 x 0.5 x 0.84 x 0.59 x 0.66 x 0.64 x 0.62 x 0.59 x
EV / Revenue 0.75 x 0.5 x 0.84 x 0.59 x 0.66 x 0.64 x 0.62 x 0.59 x
EV / EBITDA 5.51 x 3.6 x 6.74 x 4.89 x 4.69 x 5.76 x 4.85 x 4.31 x
EV / FCF 14,948,369 x 20,411,665 x -16,236,005 x -76,502,350 x -58,652,426 x - - -
FCF Yield 0% 0% -0% -0% -0% - - -
Price to Book 0.81 x 0.48 x 0.7 x 0.54 x 0.63 x 0.5 x 0.54 x 0.52 x
Nbr of stocks (in thousands) 14,047 14,047 14,047 14,047 14,047 14,047 - -
Reference price 2 1,427 882.0 1,365 1,160 1,524 1,382 1,382 1,382
Announcement Date 09/05/19 08/05/20 10/05/21 10/05/22 10/05/23 09/05/24 - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 26,853 24,880 22,954 27,803 32,224 29,326 31,500 33,000
EBITDA 1 3,635 3,444 2,847 3,329 4,567 3,370 4,000 4,500
EBIT 1 2,601 2,321 1,695 1,956 3,103 1,667 2,500 3,000
Operating Margin 9.69% 9.33% 7.38% 7.04% 9.63% 5.68% 7.94% 9.09%
Earnings before Tax (EBT) 2,604 2,210 1,520 2,059 3,901 1,674 - -
Net income 1 2,003 1,660 1,082 1,503 2,955 1,444 1,600 1,900
Net margin 7.46% 6.67% 4.71% 5.41% 9.17% 4.92% 5.08% 5.76%
EPS 2 142.6 118.2 77.04 107.0 210.4 102.8 113.9 135.3
Free Cash Flow 1,341 607 -1,181 -213 -365 - - -
FCF margin 4.99% 2.44% -5.15% -0.77% -1.13% - - -
FCF Conversion (EBITDA) 36.89% 17.62% - - - - - -
FCF Conversion (Net income) 66.95% 36.57% - - - - - -
Dividend per Share 2 23.50 25.00 25.00 27.00 36.00 36.00 36.00 36.00
Announcement Date 09/05/19 08/05/20 10/05/21 10/05/22 10/05/23 09/05/24 - -
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 2024 S2
Net sales 1 12,751 12,129 10,600 12,354 7,207 13,998 7,426 6,379 13,805 7,689 8,317 16,006 8,688 7,530 16,218 7,149 7,111 14,260 8,087 6,979 15,066
EBITDA - - - - - - - - - - - - - - - - - - - - -
EBIT 1 1,276 1,045 741 954 567 1,103 623 230 853 601 672 1,273 1,108 722 1,830 477 295 772 555 340 895
Operating Margin 10.01% 8.62% 6.99% 7.72% 7.87% 7.88% 8.39% 3.61% 6.18% 7.82% 8.08% 7.95% 12.75% 9.59% 11.28% 6.67% 4.15% 5.41% 6.86% 4.87% 5.94%
Earnings before Tax (EBT) 1,226 - 737 - - 1,062 651 - - 1,307 - 2,126 938 - - 825 - 1,115 282 - -
Net income 930 - 552 - - 747 479 - - 930 - 1,436 765 - - 581 - 677 153 - -
Net margin 7.29% - 5.21% - - 5.34% 6.45% - - 12.1% - 8.97% 8.81% - - 8.13% - 4.75% 1.89% - -
EPS 66.24 - 39.30 - - 53.20 34.11 - - 66.26 - 102.3 54.44 - - 41.39 - 48.20 10.91 - -
Dividend per Share 12.00 - 12.00 - - 13.50 - - - - - 14.00 - - - - - 18.00 - - -
Announcement Date 01/11/19 08/05/20 02/11/20 10/05/21 02/11/21 02/11/21 04/02/22 10/05/22 10/05/22 01/08/22 02/11/22 02/11/22 03/02/23 10/05/23 10/05/23 01/08/23 02/11/23 02/11/23 02/02/24 09/05/24 09/05/24
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position 5,401 5,254 4,221 4,350 6,089 - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1,341 607 -1,181 -213 -365 - - -
ROE (net income / shareholders' equity) 8.3% 6.6% 4.1% 5.2% 9.2% 4% - -
ROA (Net income/ Total Assets) 8.22% 6.53% 5.26% 5.15% 8.16% 4.58% - -
Assets 1 24,365 25,436 20,588 29,170 36,228 31,510 - -
Book Value Per Share 2 1,772 1,829 1,957 2,165 2,430 2,668 2,568 2,667
Cash Flow per Share 216.0 198.0 159.0 205.0 315.0 210.0 - -
Capex 1 2,153 2,781 2,498 1,181 1,962 1,150 1,500 1,500
Capex / Sales 8.02% 11.18% 10.88% 4.25% 6.09% 3.89% 4.76% 4.55%
Announcement Date 09/05/19 08/05/20 10/05/21 10/05/22 10/05/23 09/05/24 - -
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

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