Financials MATSUDA SANGYO Co., Ltd.

Equities

7456

JP3868500004

Environmental Services & Equipment

Market Closed - Japan Exchange 07:00:00 02/05/2024 BST 5-day change 1st Jan Change
2,676 JPY -1.11% Intraday chart for MATSUDA SANGYO Co., Ltd. -0.11% +11.69%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 36,682 33,390 53,113 64,589 59,241 69,355 - -
Enterprise Value (EV) 1 35,977 37,167 61,605 69,598 66,717 69,355 69,355 69,355
P/E ratio 10.8 x 8.25 x 8.75 x 6.76 x 6.11 x 9.13 x 8.67 x 7.97 x
Yield 2.15% 2.68% 1.87% 1.86% 2.2% 2.24% 2.24% 2.24%
Capitalization / Revenue 0.18 x 0.16 x 0.23 x 0.24 x 0.17 x 0.19 x 0.18 x 0.17 x
EV / Revenue 0.18 x 0.16 x 0.23 x 0.24 x 0.17 x 0.19 x 0.18 x 0.17 x
EV / EBITDA - - 5.22 x 4.33 x 3.67 x 5.68 x 5.06 x 4.62 x
EV / FCF 10.4 x -8.59 x - - -38.3 x 27.7 x 23.4 x 17.5 x
FCF Yield 9.62% -11.6% - - -2.61% 3.61% 4.27% 5.71%
Price to Book 0.62 x 0.55 x 0.81 x 0.87 x 0.7 x 0.76 x 0.71 x 0.66 x
Nbr of stocks (in thousands) 26,333 26,333 26,087 26,086 26,086 25,917 - -
Reference price 2 1,393 1,268 2,036 2,476 2,271 2,676 2,676 2,676
Announcement Date 13/05/19 14/05/20 13/05/21 13/05/22 12/05/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 208,338 210,976 231,559 272,292 351,028 360,000 380,000 400,000
EBITDA 1 - - 10,184 14,912 16,133 12,200 13,700 15,000
EBIT 1 4,948 6,241 8,038 12,681 13,818 10,000 11,000 12,000
Operating Margin 2.37% 2.96% 3.47% 4.66% 3.94% 2.78% 2.89% 3%
Earnings before Tax (EBT) 5,017 6,266 8,706 13,734 13,975 - - -
Net income 1 3,391 4,046 6,098 9,558 9,696 7,600 8,000 8,700
Net margin 1.63% 1.92% 2.63% 3.51% 2.76% 2.11% 2.11% 2.18%
EPS 2 128.8 153.7 232.7 366.4 371.7 293.2 308.7 335.7
Free Cash Flow 1 3,530 -3,887 - - -1,548 2,501 2,963 3,963
FCF margin 1.69% -1.84% - - -0.44% 0.69% 0.78% 0.99%
FCF Conversion (EBITDA) - - - - - 20.5% 21.63% 26.42%
FCF Conversion (Net income) 104.1% - - - - 32.91% 37.04% 45.55%
Dividend per Share 2 30.00 34.00 38.00 46.00 50.00 60.00 60.00 60.00
Announcement Date 13/05/19 14/05/20 13/05/21 13/05/22 12/05/23 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 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 S1 2024 Q3 2024 S2
Net sales 1 101,644 111,677 119,882 65,921 136,041 67,593 68,658 136,251 88,192 87,812 176,004 94,524 80,500 175,024 88,564 178,780 92,608 181,220
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 3,211 3,669 4,369 3,080 7,269 3,194 2,218 5,412 4,263 3,690 7,953 3,463 2,402 5,865 2,418 5,081 2,100 4,949
Operating Margin 3.16% 3.29% 3.64% 4.67% 5.34% 4.73% 3.23% 3.97% 4.83% 4.2% 4.52% 3.66% 2.98% 3.35% 2.73% 2.84% 2.27% 2.73%
Earnings before Tax (EBT) 1 3,254 4,030 - - 7,834 3,435 - - 4,479 - 8,128 3,375 - - 2,915 5,876 2,084 -
Net income 1 2,283 2,735 - - 5,469 2,431 - - 3,089 - 5,634 2,342 - - 2,021 4,062 1,281 -
Net margin 2.25% 2.45% - - 4.02% 3.6% - - 3.5% - 3.2% 2.48% - - 2.28% 2.27% 1.38% -
EPS 2 86.72 104.1 - - 209.7 93.20 - - 118.4 - 216.0 89.77 - - 77.50 155.8 49.50 -
Dividend per Share 17.00 18.00 - - 22.00 - - - - - 25.00 - - - - 30.00 - -
Announcement Date 11/11/19 11/11/20 13/05/21 10/11/21 10/11/21 10/02/22 13/05/22 13/05/22 10/08/22 10/11/22 10/11/22 10/02/23 12/05/23 12/05/23 10/08/23 10/11/23 09/02/24 -
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - 3,777 8,492 5,009 7,476 - - -
Net Cash position 705 - - - - - - -
Leverage (Debt/EBITDA) - - 0.8339 x 0.3359 x 0.4634 x - - -
Free Cash Flow 1 3,530 -3,887 - - -1,548 2,501 2,963 3,963
ROE (net income / shareholders' equity) 5.9% 6.8% 9.7% 13.7% 12.2% - - -
ROA (Net income/ Total Assets) 6.31% 7.28% 8.42% 12.5% 11.3% - - -
Assets 1 53,757 55,589 72,417 76,575 85,804 - - -
Book Value Per Share 2 2,236 2,295 2,511 2,848 3,239 3,503 3,751 4,027
Cash Flow per Share 180.0 214.0 315.0 452.0 460.0 - - -
Capex 1 2,648 3,465 3,786 2,486 11,022 10,000 4,000 4,000
Capex / Sales 1.27% 1.64% 1.64% 0.91% 3.14% 2.78% 1.05% 1%
Announcement Date 13/05/19 14/05/20 13/05/21 13/05/22 12/05/23 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
2,676 JPY
Average target price
4,000 JPY
Spread / Average Target
+49.48%
Consensus
  1. Stock Market
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  4. Financials MATSUDA SANGYO Co., Ltd.