Financials Meiji Machine Co., Ltd.

Equities

6334

JP3916600004

Industrial Machinery & Equipment

Market Closed - Japan Exchange 07:00:00 17/05/2024 BST 5-day change 1st Jan Change
369 JPY -1.07% Intraday chart for Meiji Machine Co., Ltd. +3.65% +12.16%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 4,123 3,337 2,141 3,713 2,312 3,929
Enterprise Value (EV) 1 6,104 4,390 2,346 1,763 2,305 3,354
P/E ratio 10 x 30.1 x -8.02 x -3.88 x -19.8 x 2.23 x
Yield 1.1% 1.37% 2.13% - - 0.58%
Capitalization / Revenue 0.58 x 0.42 x 0.24 x 0.29 x 0.3 x 0.62 x
EV / Revenue 0.85 x 0.55 x 0.26 x 0.14 x 0.3 x 0.53 x
EV / EBITDA 28.1 x 28.9 x 14.9 x -3.58 x 5.18 x 11.8 x
EV / FCF -3.02 x 14.1 x 2.75 x 0.77 x -1.37 x -2.67 x
FCF Yield -33.1% 7.1% 36.4% 130% -72.9% -37.5%
Price to Book 1.75 x 1.44 x 1 x 3.05 x 2.03 x 1.15 x
Nbr of stocks (in thousands) 11,388 11,388 11,388 11,388 11,388 11,388
Reference price 2 362.0 293.0 188.0 326.0 203.0 345.0
Announcement Date 27/06/18 26/06/19 24/06/20 30/06/21 29/06/22 27/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 7,153 7,968 8,988 12,949 7,591 6,306
EBITDA 1 217 152 157 -493 445 284
EBIT 1 180 110 104 -571 322 189
Operating Margin 2.52% 1.38% 1.16% -4.41% 4.24% 3%
Earnings before Tax (EBT) 1 486 153 -173 -991 -93 1,688
Net income 1 411 111 -267 -956 -117 1,764
Net margin 5.75% 1.39% -2.97% -7.38% -1.54% 27.97%
EPS 2 36.09 9.747 -23.45 -83.95 -10.27 154.9
Free Cash Flow 1 -2,019 311.8 853.8 2,288 -1,680 -1,256
FCF margin -28.23% 3.91% 9.5% 17.67% -22.12% -19.92%
FCF Conversion (EBITDA) - 205.1% 543.79% - - -
FCF Conversion (Net income) - 280.86% - - - -
Dividend per Share 2 4.000 4.000 4.000 - - 2.000
Announcement Date 27/06/18 26/06/19 24/06/20 30/06/21 29/06/22 27/06/23
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2022 S1 2022 Q3 2023 Q1 2023 S1 2023 Q3 2024 Q1 2024 S1 2024 Q3
Net sales 1 3,302 6,279 3,219 1,862 1,554 3,128 1,579 655 1,497 1,588
EBITDA - - - - - - - - - -
EBIT 1 -155 11 -69 53 50 77 70 -98 -164 216
Operating Margin -4.69% 0.18% -2.14% 2.85% 3.22% 2.46% 4.43% -14.96% -10.96% 13.6%
Earnings before Tax (EBT) 1 -153 245 156 54 62 1,577 65 -82 -108 213
Net income 1 -203 277 136 59 58 1,569 62 -86 -115 211
Net margin -6.15% 4.41% 4.22% 3.17% 3.73% 50.16% 3.93% -13.13% -7.68% 13.29%
EPS 2 -17.83 24.37 12.00 5.160 5.090 137.8 5.470 -7.560 -10.15 18.68
Dividend per Share - - - - - - - - - -
Announcement Date 13/11/19 13/11/20 15/11/21 14/02/22 10/08/22 14/11/22 13/02/23 10/08/23 13/11/23 13/02/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,981 1,053 205 - - -
Net Cash position 1 - - - 1,950 7 575
Leverage (Debt/EBITDA) 9.129 x 6.928 x 1.306 x - - -
Free Cash Flow 1 -2,019 312 854 2,288 -1,680 -1,256
ROE (net income / shareholders' equity) 18.6% 4.75% -12% -56.9% -9.93% 77.3%
ROA (Net income/ Total Assets) 1.67% 0.82% 0.72% -3.9% 2.44% 1.63%
Assets 1 24,677 13,520 -37,032 24,537 -4,792 108,121
Book Value Per Share 2 207.0 203.0 188.0 107.0 99.90 301.0
Cash Flow per Share 2 110.0 150.0 209.0 378.0 234.0 213.0
Capex 1 18 61 263 280 100 218
Capex / Sales 0.25% 0.77% 2.93% 2.16% 1.32% 3.46%
Announcement Date 27/06/18 26/06/19 24/06/20 30/06/21 29/06/22 27/06/23
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 6334 Stock
  4. Financials Meiji Machine Co., Ltd.