Real-time Estimate
Tradegate
19:42:30 27/06/2024 BST
|
5-day change
|
1st Jan Change
|
44.88
EUR
|
+0.02%
|
|
+4.62%
|
+21.51%
|
Fiscal Period: März |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Capitalization
1 |
3,341,952
|
5,326,410
|
6,089,921
|
6,261,808
|
9,303,534
|
11,015,729
|
-
|
-
|
Enterprise Value (EV)
1 |
6,732,940
|
8,991,384
|
8,372,921
|
8,652,977
|
12,045,134
|
14,106,711
|
13,611,936
|
14,138,309
|
P/E ratio
|
6.68
x
|
13.3
x
|
7.5
x
|
7.88
x
|
11.7
x
|
12.1
x
|
11.8
x
|
11.1
x
|
Yield
|
3.79%
|
2.45%
|
2.65%
|
3.26%
|
2.47%
|
2.61%
|
2.65%
|
2.8%
|
Capitalization / Revenue
|
0.3
x
|
0.51
x
|
0.5
x
|
0.45
x
|
0.66
x
|
0.75
x
|
0.73
x
|
0.71
x
|
EV / Revenue
|
0.61
x
|
0.87
x
|
0.68
x
|
0.62
x
|
0.86
x
|
0.96
x
|
0.9
x
|
0.92
x
|
EV / EBITDA
|
8.19
x
|
10.9
x
|
8.49
x
|
7.78
x
|
10.7
x
|
12.1
x
|
11.2
x
|
10.7
x
|
EV / FCF
|
9.22
x
|
13.1
x
|
9.97
x
|
17.9
x
|
15.6
x
|
21.4
x
|
19.9
x
|
20.5
x
|
FCF Yield
|
10.8%
|
7.66%
|
10%
|
5.6%
|
6.41%
|
4.66%
|
5.03%
|
4.88%
|
Price to Book
|
1.12
x
|
1.61
x
|
1.45
x
|
1.3
x
|
1.71
x
|
1.85
x
|
1.69
x
|
1.55
x
|
Nbr of stocks (in thousands)
|
1,490,280
|
1,484,921
|
1,469,576
|
1,455,896
|
1,438,839
|
1,438,836
|
-
|
-
|
Reference price
2 |
2,242
|
3,587
|
4,144
|
4,301
|
6,466
|
7,656
|
7,656
|
7,656
|
Announcement Date
|
08/05/20
|
10/05/21
|
10/05/22
|
09/05/23
|
08/05/24
|
-
|
-
|
-
|
Fiscal Period: März |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
10,982,968
|
10,362,628
|
12,293,348
|
13,945,633
|
14,029,910
|
14,713,813
|
15,144,151
|
15,442,541
|
EBITDA
1 |
822,062
|
827,711
|
986,706
|
1,111,875
|
1,123,243
|
1,161,575
|
1,215,485
|
1,319,553
|
EBIT
1 |
399,438
|
403,414
|
582,522
|
701,913
|
702,900
|
760,782
|
789,015
|
838,731
|
Operating Margin
|
3.64%
|
3.89%
|
4.74%
|
5.03%
|
5.01%
|
5.17%
|
5.21%
|
5.43%
|
Earnings before Tax (EBT)
1 |
701,430
|
512,475
|
1,150,029
|
1,106,861
|
1,095,707
|
1,206,680
|
1,234,100
|
1,272,000
|
Net income
1 |
501,322
|
401,433
|
820,269
|
800,519
|
801,770
|
894,657
|
913,116
|
950,500
|
Net margin
|
4.56%
|
3.87%
|
6.67%
|
5.74%
|
5.71%
|
6.08%
|
6.03%
|
6.16%
|
EPS
2 |
335.6
|
269.8
|
552.9
|
546.1
|
553.0
|
632.4
|
649.5
|
689.1
|
Free Cash Flow
1 |
730,445
|
688,604
|
839,800
|
484,300
|
772,100
|
657,700
|
684,783
|
690,333
|
FCF margin
|
6.65%
|
6.65%
|
6.83%
|
3.47%
|
5.5%
|
4.47%
|
4.52%
|
4.47%
|
FCF Conversion (EBITDA)
|
88.86%
|
83.19%
|
85.11%
|
43.56%
|
68.74%
|
56.62%
|
56.34%
|
52.32%
|
FCF Conversion (Net income)
|
145.7%
|
171.54%
|
102.38%
|
60.5%
|
96.3%
|
73.51%
|
74.99%
|
72.63%
|
Dividend per Share
2 |
85.00
|
88.00
|
110.0
|
140.0
|
160.0
|
200.0
|
202.8
|
214.3
|
Announcement Date
|
08/05/20
|
10/05/21
|
10/05/22
|
09/05/23
|
08/05/24
|
-
|
-
|
-
|
Fiscal Period: March |
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
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
2026 Q1
|
---|
Net sales
1 |
4,917,716
|
5,874,770
|
3,218,884
|
3,199,694
|
6,418,578
|
3,378,021
|
3,614,143
|
6,992,164
|
3,552,055
|
3,401,414
|
-
|
3,348,491
|
3,425,607
|
6,774,098
|
3,676,963
|
3,578,849
|
-
|
3,584,949
|
3,664,642
|
3,933,042
|
3,833,367
|
3,827,836
|
EBITDA
1 |
-
|
-
|
261,098
|
218,296
|
-
|
282,725
|
306,760
|
-
|
288,865
|
233,525
|
-
|
268,451
|
272,466
|
-
|
-
|
272,814
|
-
|
277,131
|
309,462
|
310,990
|
335,844
|
296,615
|
EBIT
1 |
190,936
|
304,128
|
160,601
|
117,793
|
278,394
|
183,035
|
205,498
|
388,533
|
185,862
|
127,518
|
-
|
167,237
|
167,887
|
350,922
|
188,160
|
163,818
|
-
|
171,600
|
195,473
|
201,095
|
243,135
|
182,032
|
Operating Margin
|
3.88%
|
5.18%
|
4.99%
|
3.68%
|
4.34%
|
5.42%
|
5.69%
|
5.56%
|
5.23%
|
3.75%
|
-
|
4.99%
|
4.9%
|
5.18%
|
5.12%
|
4.58%
|
-
|
4.79%
|
5.33%
|
5.11%
|
6.34%
|
4.76%
|
Earnings before Tax (EBT)
|
290,561
|
699,887
|
257,445
|
192,697
|
450,142
|
304,699
|
-
|
641,580
|
282,968
|
182,313
|
-
|
300,224
|
-
|
571,824
|
278,013
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
252,508
|
500,612
|
178,252
|
141,405
|
319,657
|
230,631
|
252,400
|
483,031
|
199,198
|
118,290
|
-
|
213,237
|
199,662
|
412,899
|
198,794
|
190,077
|
-
|
225,543
|
213,956
|
221,293
|
235,874
|
-
|
Net margin
|
5.13%
|
8.52%
|
5.54%
|
4.42%
|
4.98%
|
6.83%
|
6.98%
|
6.91%
|
5.61%
|
3.48%
|
-
|
6.37%
|
5.83%
|
6.1%
|
5.41%
|
5.31%
|
-
|
6.29%
|
5.84%
|
5.63%
|
6.15%
|
-
|
EPS
2 |
169.6
|
337.0
|
120.0
|
95.80
|
215.8
|
157.0
|
171.8
|
328.7
|
135.9
|
81.44
|
-
|
146.5
|
137.3
|
283.9
|
137.2
|
131.9
|
-
|
161.6
|
138.4
|
149.4
|
186.1
|
-
|
Dividend per Share
2 |
44.00
|
47.00
|
-
|
63.00
|
63.00
|
-
|
65.00
|
65.00
|
-
|
75.00
|
75.00
|
-
|
80.00
|
80.00
|
-
|
80.00
|
80.00
|
-
|
100.0
|
-
|
100.0
|
-
|
Announcement Date
|
04/11/20
|
05/11/21
|
03/02/22
|
10/05/22
|
10/05/22
|
05/08/22
|
04/11/22
|
04/11/22
|
03/02/23
|
09/05/23
|
09/05/23
|
04/08/23
|
05/11/23
|
05/11/23
|
05/02/24
|
08/05/24
|
08/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
3,390,988
|
3,664,974
|
2,283,000
|
2,391,169
|
2,741,600
|
3,090,982
|
2,596,207
|
3,122,580
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.125
x
|
4.428
x
|
2.314
x
|
2.151
x
|
2.441
x
|
2.661
x
|
2.136
x
|
2.366
x
|
Free Cash Flow
1 |
730,445
|
688,604
|
839,800
|
484,300
|
772,100
|
657,700
|
684,783
|
690,333
|
ROE (net income / shareholders' equity)
|
17%
|
12.7%
|
21.8%
|
17.8%
|
15.6%
|
16.1%
|
15.1%
|
14.9%
|
ROA (Net income/ Total Assets)
|
6.67%
|
4.64%
|
9.86%
|
8.76%
|
7.94%
|
6.03%
|
6.11%
|
6.1%
|
Assets
1 |
7,511,038
|
8,654,931
|
8,320,914
|
9,136,363
|
10,098,469
|
14,828,580
|
14,953,921
|
15,581,968
|
Book Value Per Share
2 |
2,010
|
2,233
|
2,858
|
3,312
|
3,772
|
4,135
|
4,528
|
4,927
|
Cash Flow per Share
2 |
618.0
|
555.0
|
825.0
|
826.0
|
843.0
|
704.0
|
777.0
|
809.0
|
Capex
1 |
147,688
|
152,583
|
124,883
|
165,700
|
136,384
|
145,958
|
350,000
|
100,000
|
Capex / Sales
|
1.34%
|
1.47%
|
1.02%
|
1.19%
|
0.97%
|
0.99%
|
2.31%
|
0.65%
|
Announcement Date
|
08/05/20
|
10/05/21
|
10/05/22
|
09/05/23
|
08/05/24
|
-
|
-
|
-
|
Last Close Price
7,656
JPY Average target price
7,886
JPY Spread / Average Target +3.00% Consensus |