Financials Maruzen Showa Unyu Co., Ltd.

Equities

9068

JP3876000005

Air Freight & Logistics

Delayed Japan Exchange 02:01:27 17/07/2024 BST 5-day change 1st Jan Change
5,410 JPY -0.18% Intraday chart for Maruzen Showa Unyu Co., Ltd. +2.08% +38.36%

Valuation

Fiscal Period: Maart 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 48,455 65,814 64,187 65,315 93,797 108,627 - -
Enterprise Value (EV) 1 52,287 72,169 70,596 63,308 84,971 108,627 108,627 108,627
P/E ratio 6.03 x 9.75 x 7.48 x 7.31 x 9.73 x 9.05 x 9.4 x 8.42 x
Yield 2.93% 2.31% 2.69% 3.11% 2.78% 2.4% 2.81% 3.14%
Capitalization / Revenue 0.39 x 0.54 x 0.47 x 0.46 x 0.67 x 0.7 x 0.68 x 0.62 x
EV / Revenue 0.39 x 0.54 x 0.47 x 0.46 x 0.67 x 0.7 x 0.68 x 0.62 x
EV / EBITDA - 4,511,182 x 3,800,992 x 3,600,990 x - - - -
EV / FCF 11,931,872 x - 41,145,741 x 7,050,383 x 11,810,288 x - - -
FCF Yield 0% - 0% 0% 0% - - -
Price to Book 0.53 x 0.66 x 0.6 x 0.57 x 0.74 x - - -
Nbr of stocks (in thousands) 20,283 20,282 20,280 20,284 20,042 20,042 - -
Reference price 2 2,389 3,245 3,165 3,220 4,680 5,420 5,420 5,420
Announcement Date 14/05/20 13/05/21 12/05/22 11/05/23 09/05/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 122,801 121,136 136,850 140,861 140,194 155,000 160,500 175,000
EBITDA - 14,589 16,887 18,138 - - - -
EBIT 1 8,877 9,851 11,820 12,692 13,204 16,000 16,600 19,000
Operating Margin 7.23% 8.13% 8.64% 9.01% 9.42% 10.32% 10.34% 10.86%
Earnings before Tax (EBT) 1 11,043 10,244 12,663 13,538 14,946 18,200 18,000 19,500
Net income 1 8,030 6,748 8,579 8,931 9,741 12,000 11,550 12,900
Net margin 6.54% 5.57% 6.27% 6.34% 6.95% 7.74% 7.2% 7.37%
EPS 2 396.2 332.7 423.0 440.4 481.2 598.7 576.3 643.7
Free Cash Flow 4,061 - 1,560 9,264 7,942 - - -
FCF margin 3.31% - 1.14% 6.58% 5.67% - - -
FCF Conversion (EBITDA) - - 9.24% 51.08% - - - -
FCF Conversion (Net income) 50.57% - 18.18% 103.73% 81.53% - - -
Dividend per Share 2 70.00 75.00 85.00 100.0 130.0 130.0 152.5 170.0
Announcement Date 14/05/20 13/05/21 12/05/22 11/05/23 09/05/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart 2021 S1 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 57,826 65,732 35,596 35,522 34,418 35,535 69,953 36,712 34,196 34,205 34,399 68,604 36,501 35,089 36,660 37,370 41,780 39,190
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 4,401 5,370 3,384 3,066 3,001 3,265 6,266 3,385 3,041 2,979 3,068 6,047 3,972 3,185 3,660 3,740 4,780 3,820
Operating Margin 7.61% 8.17% 9.51% 8.63% 8.72% 9.19% 8.96% 9.22% 8.89% 8.71% 8.92% 8.81% 10.88% 9.08% 9.98% 10.01% 11.44% 9.75%
Earnings before Tax (EBT) 4,490 5,620 3,591 - 3,446 - 6,827 3,578 - 3,401 - 7,215 4,958 - - - - -
Net income 3,010 3,718 2,430 - 2,356 - 4,578 2,338 - 2,285 - 4,867 3,321 - - - - -
Net margin 5.21% 5.66% 6.83% - 6.85% - 6.54% 6.37% - 6.68% - 7.09% 9.1% - - - - -
EPS 148.4 183.3 119.8 - 116.2 - 225.8 115.2 - 112.7 - 240.0 163.7 - - - - -
Dividend per Share 35.00 42.50 - - - - 47.50 - - - - 60.00 - - - - - -
Announcement Date 09/11/20 08/11/21 09/02/22 12/05/22 08/08/22 09/11/22 09/11/22 08/02/23 11/05/23 07/08/23 08/11/23 08/11/23 13/02/24 09/05/24 - - - -
1JPY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 3,832 6,355 6,409 - - - - -
Net Cash position - - - 2,007 8,826 - - -
Leverage (Debt/EBITDA) - 0.4356 x 0.3795 x - - - - -
Free Cash Flow 4,061 - 1,560 9,264 7,942 - - -
ROE (net income / shareholders' equity) 9.1% 7.47% 8.3% 8.1% 8.1% - - -
ROA (Net income/ Total Assets) 6.91% 6.94% 7.64% 7.91% 7.74% - - -
Assets 1 116,227 97,167 112,243 112,918 125,867 - - -
Book Value Per Share 4,475 4,884 5,259 5,628 6,283 - - -
Cash Flow per Share 604.0 538.0 644.0 680.0 726.0 - - -
Capex 1 6,575 10,489 10,679 7,237 6,572 13,000 15,000 15,000
Capex / Sales 5.35% 8.66% 7.8% 5.14% 4.69% 8.39% 9.35% 8.57%
Announcement Date 14/05/20 13/05/21 12/05/22 11/05/23 09/05/24 - - -
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

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